Written by Dean Robinson on . Posted in Growth Newsletter.
I have a saying that’s almost become a philosophy – “Numbers are reasons in disguise”. I’ve long subscribed to the fact that the financial statements, nor the accounting systems maintained by most small and family businesses, tell the full story of what’s happening inside of that business.
Written by Dean Robinson on . Posted in Growth Newsletter.
In my e-book “How to Build a Vault for your Family Business“, I make mention of the fact that a lot of what happens inside of a small or family business, is stored in the heads of the business owner. It’s not documented. Often, there’s no system in place. Invariably, whilst the owner may know what’s going on, others in the business, and inside the family, don’t.
Written by Dean Robinson on . Posted in Growth Newsletter.
In some ways, 2023 was a bit of a blur. Once we’d returned from our New Zealand cruise in early April, it was pedal to the metal. Lots of client work to get on with. Plenty of new assignments that we started on. Speaking to various groups locally and internationally. By the time Christmas rolled around, it felt like I hadn’t stopped all year.
Written by Dean Robinson on . Posted in Growth Newsletter.
I’m at an event and spot someone in the distance. I offer a wave, and one is returned. We make our way through the crowd, occasionally interrupted on our journey, to say hello to some others. Eventually, we meet up with the individual in question, and, being the first time they’ve met each other, I introduce my wife. A brief hello from them, is then met with a 180 degree pivot – the turning of the back.
Written by Dean Robinson on . Posted in Growth Newsletter.
Mum & Dad have an established business. It’s been humming along for a while. Mostly good years. Some rocky ones. All up, they’ve built a life, established some private wealth and are doing, on a daily basis, what most people only dream of.
Written by Dean Robinson on . Posted in Growth Newsletter.
We’ve demolished our swimming pool. It was built back in 2005, however it seems the piering wasn’t up to scratch at the time it was constructed and, eventually, the pool broke its back.
Written by Dean Robinson on . Posted in Growth Newsletter.
It’s a cool Sunday morning. We’ve ventured to Avoca Beach on the New South Wales Central Coast for a short break and the views from the balcony, of the pounding surf, the Norfolk Island pines and the deep sandstone rich beach are magnificent.
Written by Dean Robinson on . Posted in Growth Newsletter.
I do wonder if those that face obstacles in their lives, at some stage, end up the most successful, the most contented and the most understanding of what their purpose in life is.
Written by Dean Robinson on . Posted in Growth Newsletter.
I’ve just had the best experience with a dentist, ever. I can’t believe I walked out of there with no discomfort, and having had a chuckle with him on the way out the door.
Written by Dean Robinson on . Posted in Growth Newsletter.
Sadly, very few small and family business owners have a real understanding of the numbers in their business. And, in spite of the great advances in financial information, particularly via technology, over the past 25 years, I can say with a high degree of confidence that business owners haven’t kept pace in terms of their financial skill set.