“Damn the torpedoes! Full speed ahead!” Being in business can mean sometimes charging ahead.
This saying is attributed to David Glasgow Farragut (1801-1870) – a Union Admiral during the American Civil War. In 1864, at the Battle of Mobile Bay, he refused to consider retreat, shouting his now famous phrase.
While commanding a fleet of fourteen wooden ships and four ironclads he ran through a minefield and past Confederate forts Gaines, Morgan and Powell, to defeat a Confederate flotilla, including the Confederate ironclad Tennessee, and take one of the South’s last major ports.
This admirable was I think prepared to ask for forgiveness for failure before he sought permission to follow his particular strategy in The Battle of Mobile bay. He saw the risks, saw what could go wrong but also believed he could win.
The lesson her is that if you can see the dangers and the risks, then you know also that you can achieve a goal if you try for it. Don’t give up because it looks hard, and usually in Australia now there are readier to quit and put you off your goals than encourage you but if there is a goal, an opportunity – go for it.
And we do take big risks. We do mortgage the family home, we do work long hours and loose contact with our friends, but we also can know the risks and planning complete great things every day.
Recreation and re-creation seem to be the same word. Recreation, such as swimming and fishing, are activities for enjoyment when not working. Re-creation is to form anew. Having a break and suddenly thinking of something grand for your business is the process of re-creation. It’s Christmas time and a time to slow down or stop […]
On June 30, 2021, there were 2,402,254 actively trading businesses in the Australian economy. Of these, 62% or 1,416,664 of these enterprises are single operator businesses. Most businesses in Australia are enterprises run by one person. If you are in this group you are part of a significant contributor to our economy. Do you fall within […]
Some thoughts about Finance Invoice Finance – No, it’s not factoring.
It may look like Factoring, but it’s not. And that the problem we sometimes have in explaining what the difference between invoice finance and what a factoring company does is the foremost hurdle to presenting to clients why we think Invoice finance is better. What Invoice finance does is finance one invoice. Just one, and when […]