With the recent Federal Budget changes being brought into legislation within Australia, I thought it might be prudent to provide some commentary.

Some commentary was overdue on the challenging domestic landscape us as business owners need to navigate.

While I describe myself as a ‘realist with optimistic leanings’, I’ve found my normal effervescent enthusiasm for entrepreneurism tempered by recent events.

I provide the caveat that my commentary focuses on current domestic trading conditions within Australia coupled with the implementation of key budgetary changes (subject to legislation) around the Big 3 – Capital Gains Tax (CGT), Negative Gearing and the 30% Taxation of discretionary trusts.

International volatility, geopolitical division, wars, the impact of ai and supply chain blockages are just some of challenges facing the world economy.

Domestically we are experiencing a cost-of-living crisis, high interest/inflation, negative GDP, poor productivity, crime, political instability and significant changes to tax policy which are all headwinds for private business.

In this blog, I share my thoughts on what business owners should do to navigate through these dangerous seas of uncertainty?

In my last blog, titled Don’t Get Stuck in Ops Land, I challenged business owners not to get lost in operations.

But knowing isn’t doing.

In this blog, I provide some proven tactics to break free of operations.

Operations feels familiar. Sometimes even comforting.

We often don’t even consciously think about it. Autopilot mode takes over as we cycle through well-worn tasks, without even contemplating our actions.

But getting stuck in operations can be a dangerous mirage for business owners.

In this blog, I turn the spotlight on business owners getting stuck in operations – or Ops Land as I call it.

In business, there is a saying that if you’re standing still, you’re going backwards.

It is a reminder to keep evolving as we progress forward with our endeavours.

In today’s blog, I want to explore the concept of updating your playbook. Your playbook is your strategy – your game plan.

In this blog, I explore the three impressions to create sustainable relationships. This epiphany came to me last year after meeting an individual I envisaged would become a future member of my network.

Here is the story.