A few weeks ago I had breakfast with an old friend and asked him about a friend of his who had for many years searched for the “perfect business”. I was curious whether this business person had found the “perfect” business. My friend said that his friend had been successful at a small manufacturing business for several years until he went to live elsewhere and left the business to be run by a manager. Trouble happened with the manager and eventually the business had to close down. His friend is now trying to restart the business. Continue reading “Is there such a thing as a perfect business?”
An Australian physician Barry Marshall and a colleague discovered that peptic ulcers were due to a bacteria and not stress as previously thought. In 1984 Marshall did the ultimate test by injecting himself with a bacteria, developing the symptoms of the disease and then successfully treated himself with antibiotics.
Marshall and his fellow pathologist spend many years trying to convince the medical establishment of the validity of the work. In 1994 the World Health Organisation accepted that the bacteria (H. Pylori) is a causative factor in stomach cancer. The work of Barry Marshall and Dr Robin Warren received the Nobel Prize for physiology in 2005.
This Australian physician was certain that he knew the cause of a disease and could come up with a solution. But no one in the medical establishment would believe him. He couldn’t do the experiment on other human beings so he chose to do it himself. Continue reading “What is the secret to your success?”
Don’t you get just a bit uneasy when you hear statements like “do what you love, the money will follow”? It’s the kind of statement that can get you into a lot of trouble if you don’t know what you’re doing.
One of the biggest mistakes is thinking that your hobby or passion automatically leads to money. But the so-called gurus leave out the crucial step – the time that it will take to acquire and develop skills that enable you to sell your products or service at a commercially viable level.