I retired from personal blogging in July 2008.
But you can find me over at http://blog.xero.com.
Greetings from Timaru. Been a busy travel week so far. Sydney Monday, Wellington Tuesday morning, Hamilton Tuesday afternoon, Dunedin Tuesday night for a breakfast session this morning and NZTE Beaachheads meeting. Now in Timaru for the National Chambers of Commerce Conference.
I haven’t done many beachheads meeting this year as I have to focus on my day job but I was really excited to see a number of great companies from Otago today. All had fantastic, passionate and credible founders.
A couple of themes came through. The companies had lots of options and were jumping around their markets based on opportunities - chasing cashflow. The beachheads presentations are probably one of the few times they get a chance to present and have external people look hard at their business.
It was obvious, to them as well, that they needed to pick one of those market opportunities and put their heads down and go for it.
Another theme was getting ready for capital. Most companies should be looking at putting in place at least a year of funding so they have the time get their business to the next level.
I was excited to see some great unpolished diamonds. With a bit of coaching they have the capability to create significant businesses.
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