Distance

At home, if I burn my hand on the handle of the grill pan on my cooker (because I’ve forgotten that when the oven is on, the grill also gets hot), I don’t have to report that to my boss, who’ll report it to her boss, along with all the other mishaps of the kitchen. I don’t have to wait for a decision from them on how best to avoid that next time.

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Kirsten Gibbs
Measuring what matters

Years ago, on my way to work, I’d call in to the Benjy’s sandwich bar next to Cannon Street Station to pick up breakfast. It was always full of other City workers doing the same thing.

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Kirsten Gibbs
Exit

Investors and business angels have a clear exit strategy - grow fast for 3-5 years, sell up and crystallise the gains. Happily, this strategy often coincides with that of the entrepreneur, who wants to get this business idea going, and then move on to the next.

Most small business owners don’t have an exit strategy, or certainly don’t start with one.

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Dismantling the E-myth

In his E-myth books, Michael Gerber identifies three key roles in a business: the entrepreneur, who drives the vision for the business; the technician, who does the work, and the manager who acts as a bridge between them, planning and organising the work of technicians to achieve the entrepreneur’s vision.

If the vision is shared by everyone, do you then need managers?

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