The Energy Quadrant – Where Mojo and Mastery Meet

I regularly catch the train from Coomera to Brisbane. It’s about a 55 minute trip and useful “thinking” time.  This week I was reflecting on Daniel Pink’s great TED talk on what motivates and engages people at work. It’s been a while since I reviewed this but Autonomy, Mastery and Purpose were three key factors. If Mastery has an impact on Mojo, what are the psychological and behavioural implications of this in the workplace and with careers? I like developing models and after a bit…

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7 Compelling Reasons Why You Must Have a Business Plan

Most of us are familiar with the very high failure rate of small businesses.  It’s scary and sobering.  It’s also preventable. Some of the reasons often given for failure include lack of ‘experience’, ‘capital’, ‘planning’, ‘a risk management strategy and contingency plan’, ‘vision’, ‘personal and fiscal discipline’, ‘cash flow’, ‘personal and professional networks’ (Your network is your net worth), ‘a clearly defined niche market’ and ‘life plan’ (knowing what you want for your life and building your business around it). Other reasons include poor ‘financial…

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