Posts Tagged ‘good business practice’

Axel’s and Sophie’s quirky guide to running a small business

Thursday, May 1st, 2014

Here’s our list of things we have learnt over the last 10 years of running a small start-up and a guide to the way we do business. It’s all rather homespun and certainly will never find its way into books on how to run a successful business nor in any business school. After all, we are still a tiny business, even though we have been around longer than Facebook and Youtube. While these things might not make you rich, they help us sleep easily at night with a clear conscience and make us happy.

• Never wear a tie or suit
• Like your colleagues
• Avoid meetings
• Living is more important than making money
• Take time out to watch your kids and friends playing sport and music and acting
• Smile, laugh and cry
• Sing, however badly – and we’re really bad
• Never grow up
• Work hard – roll your sleeves up and get stuck in
• Be patient, act swiftly
• Don’t get hung up on sales or profits
• But keep a tight focus on cash-flow and balance sheets
• Don’t do budgets, except if the bank asks for one!
• Always pay your bills
• Avoid customers who are too posh to pay – this is an attitude of mind as opposed to a statement on anything else
• Never become that business or person that talks aggressively about “killing the competition”, just be different to them and do your own thing
• Never become that business or person that lies to get a call taken or to get money off
• Be compassionate – we’re all real people, with real lives
• Be honest to yourself, your colleagues, your customers, your suppliers and everyone else we’ve forgotten
• Reinvent the wheel – it can always be done better
• Break the rules
• Make mistakes
• Admit to your mistakes, understand them, then try not to do it again
• Spend your money wisely
• Spend your money morally and compassionately, doing good things that help make the world a better place
• If you’re not comfortable with it, don’t do it
• Don’t be bullied by customers and suppliers
• Best practice is just average practice with a positive spin
• Don’t trust suppliers who drive flash or expensive cars
• Don’t waste company money on flash cars
• Make teas and coffees for everyone
• Eat breakfast, lunch and tea
• Eat cake, biscuits and pies
• Listen to what everyone has to say – everyone knows more about stuff than you do
• Ask questions, however stupid
• Be fair
• What is fairness? Sharing risk and reward equitably
• Treat people how you would like to be treated
• Try and only deal with people you like
• The customer is not always right
• Never do favours for people you don’t really know, because they are never reciprocated, but bend over backwards for your friends and favourite people
• Shit really does happen
• Everything seems better after a cup of tea and cake, or a bath and a sleep
• Keep on dreaming