As season one draws to a close, a slow realisation is dawning on the Sydeline team that running a business may not be a simple as they first thought!
Then there’s the small matter of having proper meetings, even a board and, oh yes, who is taking the risk on all this?
Investor Jakob wants to help, and has the money… but what will he get in return? Then there is the business finance setup planning – who are you going to call? And, how much for premises!
Russell dumps Mike in preference for Dan Orasnjak from our accountants, Lang Bennetts. Dan provides some financial insights to starting and running a business and points out where Sydeline are not taking the best approach!
Diving into launching the business, by starting in partial competition with her father, Zelda considers some brave steps. However, striking up a business relationship with Jakob means having to make some sacrifices.
Mike and Russell, from Gydeline discuss how to prepare for starting a business and what skills are needed to do it well. The tools and support required are covered along with some ideas on naming an organisation.
Coming up with big ideas is a tough game; for example, when James Dyson invented his first Dual Cyclone vacuum cleaner he spent 15 years creating 5,126 versions that failed before he made one that worked.
Diving into launching the business, by starting in partial competition with her father, Zelda considers some brave steps.
However, striking up a business relationship with Jakob means having to make some sacrifices.
Mike and Russell, from Gydeline discuss how to prepare for starting a business and what skills are needed to do it well. The tools and support required are covered along with some ideas on naming an organisation.
You hate your boss, your tired of putting all the hours in and getting no recognition, you think you can do a better job! All good reasons for maybe a change in job but to start a business will take patience, learning and some good old hard work.
What’s the worst way to start a business? A challenge, a bet, out of irritation? Zelda gets cheesed off with the way her dad runs Zeros Heros and receives bad advice from Bob and some unexpected help from Jakob.
Mike Saville and Russell Cosway from Gydeline introduce the first episode of the Blue Sky Stinking podcast and discuss topics raised, including, worst way to start a business, good reasons for starting a business, getting sound advice and benefiting from mentoring and coaching.
Good relationships in business is essential for success. Setting and understanding clear boundaries in business relationships will have a fundamental impact on all aspects of business, from staff morale, to the day to day running of a business.
Copyright ©2016–2022 Gydeline Ltd | Company Registered in England & Wales No. 09559617 | North Wing, Norway House, Summers Street, Lostwithiel, Cornwall, PL22 0BT | VAT No: 226 0817 24
