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Blog posts tagged skills

Managing my business finances

May 17, 2010 by www.inafishbowl.com

Entrepreneurship is all about making things happen and turning ideas into a profitable business. However, it’s impossible to have all the skills and attributes in one single individual- no matter how motivated or how working one can be, to turn an idea into a long-term profitable proposition requires a team of people who complement each other.

I realised a while ago that I could do with bringing into the team someone who has the skill sets to help me really get the numbers behind the forecasts right, and to help me negotiate with banks, funders and other possible stake holders. Someone who can help me turn the forecasts into a reality; in other words, an experienced, trustworthy financial director.

It was time for me to call in the experts. I came across an organisation which offers the services of a “virtual” or part-time FD who will work with a company for a minimum of 1-2 days per month and helps with all the financial strategic stuff. I met with the regional director of that organisation and my FD-to-be if we will take things further. It was a pleasant, purposeful meeting, and I felt I could trust the guy. They call it the “barbecue test”, in other words, would you invite the person to a barbecue. We will go to the next step and meet for a full day to discuss the business past, present, future and financial strategy.

I think this model will be the affordable way to bring an experienced helping hand to complement my winning team and turn my proposition into a reality.

You can find out more about Marcela on the new interactive business website www.inafishbowl.com

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Ingredients for a tasty business

April 29, 2010 by www.inafishbowl.com

It may sound a little strange, but in retrospect, I can’t think of a better time to have started my business than during the recession. I trained myself up on food safety and manufacturing, as well as on managing a business during the depths of the economic downturn. I didn’t mean for it to happen that way, but in reality, now I’m ready to scale up, the general atmosphere for businesses is much more positive. Now, I realise I have some ingredients for a tasty business which can succeed:

  • the sector of the market I’m operating in has had a record-breaking 12% rise last year despite the recession;
  • my never-ending, and indeed, increasing passion for cooking the best authentic Mexican food there is in the land;
  • importantly, the great, fantastic people I have met along the way who bring different experiences and skills ...

All of this seems to be combining to create something very special. Maybe entrepreneurs are like passionate foodies in the kitchen, combining the different ingredients to create a delicious meal, where timing, quality of input, skill, and the heating element of their passion all have a part to play to create success.

You can find out more about Marcela on the new interactive business website www.inafishbowl.com

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