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My CEO Life is the blog of Simon Baker, the ex-CEO and Managing Director of the REA Group. He is now building a new business called Classified Ad Ventures. This blog looks at real business problems and provides real solutions - ones that any manager around the world can follow and implement.

How to Become an Entrepreneur

May 18th, 2009 3 comments

I recently received the following email from a reader about becoming an entrepreneur.

I want to become an entrepreneur but I have no prior business experience. I have been researching possible business products and ideas. What is the best advice could you give to people like me with burning desire to become an entrepreneur but have no prior business experience? What are the things I can do to accelerate my learning curve?

Having been an entrepreneur for a while, here are my ideas about what it takes to become one.

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Categories: Entrepreneurship Tags:

Launching Jobs Portal Watch

May 3rd, 2009 1 comment

The team at Classified Ad Ventures is proud to announce that we have just launched Jobs Portal Watch – a sister site to Property Portal Watch.

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Classified Ad Ventures Update

April 30th, 2009 1 comment

The last three months have seen the Classified Ad Ventures business go from strength to strength.  We now have a clear mission for mission for the business, a strong team in place and most importantly operations underway.  Here is an update on the business.

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Categories: Classified Ad Ventures Tags: ,

As Always, Communication is Critical

April 29th, 2009 No comments

A topic that is often talked about in management magazines and books is communication.  It seems that an enormous amount is written on the topic yet management time and time again get it wrong.  I was chatting with a friend today about his work place and he commented that people are anxious and communications are not flowing.

This got me thinking – what are the do’s and dont’s of great communication from management to the employees.
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Categories: Culture Tags:

If Someone Resigns – Accept It!

April 28th, 2009 8 comments

Have you ever had the situation where someone who reports to you resigns and you try to talk them out of it?  I certainly have and i have also tried to talk them out of it … often successfully.  However, is this the right strategy or should you just accept the resignation and move on?
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Categories: Culture, People Tags:

Businesses Need to be Seen to Tighten Belt

April 28th, 2009 No comments

In today’s tough economic environment, everyone is hurting – busineses, employees, their suppliers and of course the customers.  In these tough times, it is important the all parts of the business tighten their belts and the business is seen externally to tighten its belt.

If the company does not do this, it runs the risk of disenfranchising their employees and their customers.
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Categories: Customers, Finance, Leadership Tags: ,

Time to Get Real

April 16th, 2009 No comments

The team at Classified Ad Ventures is working with companies around the world to help them refine their business models and to accelerate their growth.   One observation we have is that management and owners are often overly enthusiastic about of their revenue growth, expense requirements and ultimately market cap.  Why is this happening and what should these operators think about it?
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Categories: Finance, M&A Tags:

Times are Tough – Enter the Consultant

April 15th, 2009 No comments

For most businesses times are very tough and many of their management are entering an unknown and uncertain world.  When this happens, management often call in the consultants.  This can be for many reason – management need options, they don’t really know what to do and need help, or in some circumstances are looking for a “fall guy” if things dont improve. While consultants do have a place in helping management, they are not there to replace them.  So what is the role of consultants during an economic downturn?
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Categories: Consultants Tags: ,

Cash Flow is King!

March 31st, 2009 No comments

In today’s tough business environment, access to future capital is not as easy as it used to be. Therefore all businesses need to focus on cash flow management as cash flow is the live blood of a business. Therefore i thought i would share with you some tips that i read about in an article by Melissa Wilkinson in April’s Management Today magazine. These tips are not only timely, but pertinent to all companies – espcially those that are doing it a little tough.
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Categories: Business Investment, Finance Tags: ,

How Not to Tell Some One They Dont Have a Job

March 30th, 2009 3 comments

I recently heard about a manager who called all his staff in for a meeting about the future of his part of the business.  As he went through the presentation, he talked about a new, more efficient structure.  The problem was, the new structure left off a bunch of existing people.  These existing people immediately asked “where am i”.  To their surprise, they  were told that their roles where no longer needed and the manager wasnt sure if they would have a job after 30 June.  Now this doesnt appear to  be the smartest approach to the problem of how to tell someone they dont have a job any more.  What is the impact of this approach and how could that manager have handled it better?
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Categories: Culture, Decision Making, Leadership Tags: ,