District32 Business Prophet - August 2023 Issue

Mitch Behan

CONTENTS

How To Be A More Resilient Leader

As leaders, the decisions we make in times of Volatility, Uncertainty, Complexity and Ambiguity, are key. We make these decisions in the context of challenges we face, often under pressure. Developing and sustaining resilience allows us to continuously pivot and grow. Essentially, it’s about the ability to recover from, or adjust easily to, misfortune or change.

Whilst it’s easy to feel like a victim, that’s not going to enhance our ability to recover. At the end of the day, we are only human. And humans make mistakes.

Two questions arise: How do we find resilience? And, where does it come from?

Domains of Resilience Vision

We may have set a vision, but it may be necessary to introduce a shorter-term one. Reset the vision.

Health

Our health is key. Statistically, 2000 people die each year working themselves to death; don’t be a stat.

Tenacity

Misguided without the other domains, it’s a maverick train crash. With the other five, it’s an inner belief that there is a solution out there – waiting.

Collaboration

Sustainable solutions are ones generated with input from others in the team.

How do we access these domains?

As a strategic leader, stop and think about your resilience. Use the domains of resilience referenced to find inner resolve. You may not use all the domains, but it’s important to search for opportunities in each area. This will take your resilience levels to new heights as an exemplary strategic leader.

Composure

As leaders, the shadow we cast is wide. If we’re calm, our teams are calm. Ask yourself, ‘why should someone follow you?’ Keep your composure, leading like a swan.

Reasoning

Apply rationale and logical reasoning to work through a plan.

0459 991 077

jack.mcgrath@ingeniumtc.com

www.ingeniumtc.com

Evolving Your Business for Maximum Profit, Impact and Growth with

Mike Johnston

Discover the 5 pieces to the puzzle that are limiting you Discover why business owners don't work this out

What is the single most important thing you can do right now in your business?

With over 20 years of successfully growing businesses & coaching business owners, Mike has learned what works (and what doesn’t) when it comes to growing businesses. He's been through the extreme highs, $2.5m to $22.5m in just over a year, as well as the extreme lows.

TELETHON SPEECH & HEARING BENDAT CENTRE AUDITORIUM

BOOK AS A MEMBER BOOK AS A GUEST

How to Maximise the Sale Price of your Business with Dru Morgan

The Canoe Analogy - How hard are you paddling?

Success is not derived from talent alone, but rather, a group of talents: PFBS

Customer & Supplier Mix ... and why is this important?

Dru Morgan is the National Director and CEO of Morgan Business Sales. His firm has offices in every state of Australia and transacts over $500 million of Australian Business annually.

BOOK AS A GUEST

7:30 am - 12:00 pm

How to Grow Younger While Celebrating More Birthdays! with Salem & MelissaDomiati

Learn:

the difference between healthspan & lifespan about your biological & chronological age.

how food can be medicine or poison

ways to improve your memory how to get rejuvenating sleep.

Salem and Melissa Domiati met when they were both around 50 years young, and since then they have experienced so much love and joy, that instead of wishing they had met 25 years earlier, they plan on sharing at least another 50 happy, adventurous and healthy years together.

Complimentary Visitor Business Growth Event

Join us as a GUEST at this complimentary District32 information evening and learn how to drive new business, create new referral opportunities, and meet up to 100 new connections!

Experience first-hand an opportunity to connect, learn, and grow with other like-minded business owners.

8:00 am - 12:00 pm

We'll cover networking for growth, lead generation and of course, you'll learn how District32 can help you to grow YOUR business!

Find out how District32 can help you and enjoy pitching on the night and engaging in business growth conversations.

Members and guests leave District32 business growth events feeling buzzed with practical business strategies to grow their business AND those who join District32 on the night will receive special business growth bonuses!

District32 is a business growth network that exists to help business owners to create more:

✔ Profit

✔ Growth

✔ Speed

MT. LAWLEY

Remember, giving a referral should be based on your genuine belief in the person's abilities and the value they can provide. It's important to ensure that your referral aligns with the needs and expectations of the recipient to maintain trust and credibility in your recommendations.

How to Create An Additional $2m Within 15 Years

How can you create a plan that will have you on track for the life of your dreams? Use your surplus business or personal income to fast track your retirement options by following 3 steps.

Remember though, professional advice is a vital step to ensure success.

The information provided here is general in nature and not specific to your personal circumstances.

1. Professionally Managed Superannuation

Most people have a superannuation account, but few take notice of how their money is invested. If you are a high growth investor, consider removing any cash and fixed interest investments. This will expose your money to the greatest growth opportunities.

2. Professionally Managed Share Portfolio

Do you have a business bank account and find your balance is building over time? Consider the benefit of investing your surplus funds and adding a regular amount monthly. This is known as a dollar cost averaging strategy.

3. Diversification with Property: Commercial and Residential

Consider the benefits of purchasing rather than renting. There are two steps to obtaining this investment: surplus income, and a 20-30% deposit; Or another option is using equity in an existing property. You can also consider a Self-Managed Super Fund. You may be able to use part of your existing superannuation funds as a deposit for the purchase.

By implementing these strategies, keeping in mind that professional management and diversification is key, you will be on track to creating greater wealth, and closer to living the life you’ve always dreamed of.

Book your free initial meeting www.positivedynamics.com.au for more information.

1300

Simple Communication Goes A Long Way

Have you ever rung a government department, bank or large organisation and been forced to wait for hours? You get the idea that your time isn’t as important as the person you’re waiting for. At GroupSupport we believe that your time is just as valuable as ours.

My name is Peter Trenaman, and in January 2006 when my (then) business partner and I started the business we didn’t know much about marketing or strategy. We really only knew about our technical field of IT: systems, networks, databases, software. But we did know the important concept that our clients, and their businesses, need to keep their doors open.

As our client base grew, we repeatedly heard an important message back, that we were one of the few places who answered the phone promptly and treated people with respect.

On a professional level, as an insurance broker, Derek took the time to understand our businesses before evaluating and proposing potential insurance cover.

Derek has an in-depth understanding of 'all things Insurance' and we have had all our insurances organised by Derek over the past three years.

Certainly providing 'Certainty in Crises,' I have previously recommended Derek's expertise to other businesses and have received a very positive response from every business I have referred.

- Cletus D'Cunha Director at BzyBuild Projects

District32 Stats as of July 2023

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District32 Business Growth Network 20/50 St Georges Terrace Perth WA 6000

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Disclaimer

The views and comments expressed by the authors may not always be those of the publisher While every effort is made to ensure the accuracy of content, District32 accepts no responsibility for any errors, omissions or resultant damages or loss due arising from content in this publication.