Entries by Gary Weigh

7 surprises to bring a thriving business undone

You wouldn’t be the first business owner to believe that running a business somehow negates your need for personal financial planning; and that the growing equity in your business equity is the only superannuation plan you need. You think that because you own a business, your retirement is completely taken care of.  You assume that […]

How much email marketing is too much?

This is something I wrestle with personally.  At the moment I am busy promoting my new online MyProsperityForum site.  My target market is risk insurance (i.e. life insurance & income protection) advisers, financial planners and home loan professionals.  I am also about to start a keyword and social media campaign to drive traffic directly to […]

Traps in ignoring your own financial planning

Financial planning is a poorly understood concept that for many people is complex, too expensive and overshadowed by adviser mistrust.  Many avoid financial advisers because they believe that they will be sold a commission based financial product that they don’t really want, without being any better off financially. So many people turn to family and […]

My top 10 tips for wealth building

It makes no difference whether you are considering investing in the stock market or in building your own business.  The only difference here is that stocks and shares are considered to be ‘passive’ investments, while your own business is an ‘active’ investment.  In other words you are hands-on, elbows-deep every day. Invest in yourself, the […]

Future-proof your business

Business coaching Brisbane Future-proofing your business means adapting and changing so that your business will remain innovative and competitive. There are many ways to achieve this.  Just a few suggestions are: Embrace developing technology to enhance the customer experience Make the most of the internet; it is still in its infancy Personalise customer communications (e.g. […]

Do you attend too many meetings?

Business management tips Australia In my view, there is an inverse relationship between number of meetings and increasing profit.  In other words, more meetings less profit! A lot of time can be wasted each week with so-called business meetings.  I think meetings that don’t have a direct link to key financial objectives are useless.  They […]

Dinosaur businesses face extinction

Business planning and management Brisbane Just as sudden impact and environmental changes killed off the dinosaurs of the past, the GFC has exposed fundamental flaws in outdated business models, and the dinosaur businesses of today continue to reach extinction.   Financial institutions, book stores, property companies, electrical and clothing retailers and department stores (to name a […]