Shark Tank Season 3

Shark Tank will be back for its third season on Channel TEN commencing on June 20. Tuesday nights at 8.40pm after Masterchef.

This season I’m sure you will find yourself yelling at the small screen – either encouraging us to invest or advising us to run a mile…. There are plenty of twists as each of us play a game of cat and mouse with each other, not wanting to give away our position too early.

Businesses Supporting Businesses

There are close to 2 million small businesses in Australia — what a wealth of resources amongst them. When I consider the conversation about disruption and large Global players entering Australia — I was thinking back to the old Made in Australia campaign. What would happen if every small business in Australia chose to purchase only from other small Australian businesses… interesting.

One of the greatest challenges that businesses face is sourcing, and retaining, customers. Competition is tougher than ever before and for each small business, becoming an expert in marketing, sales, finance, people and leadership is almost impossible.

I have always said that starting a business is easy, the hard part is growing that business and consistently delivering positive customer experience.

So… with the end of financial year fast approaching we chose ‘Businesses Supporting Businesses’ #SB2SB as my theme for June. I believe that when small businesses support other small businesses and keep it in our ecosystem, by buying locally within Australia, we truly can impact the livelihoods of our entrepreneurial peers.

For instance in my own business, in the past 15 years RedBalloon has delivered more than 4.5million customers to its 2000 ‘things to do suppliers’. When a business owner buys a RedBalloon voucher for client gifts, supplier gifts or employee gifts – they are giving to a little piece of Australia. That spend is helping thousands of other business owners who are in turn employing tens of thousands of Australians within the RedBalloon ecosystem. 

Strive not to be a success, but rather to be of value – Albert Einstein

Let’s end of financial year on a high by purchasing from other Australian small business – that way everyone wins.

See you on your screens soon…

Image: Courtesy of Network Ten.

Grow & Scale Your Business by Naomi Simson

Tell Naomi a little bit about your business by completing the questions below. (It will take less than 60 seconds)

Answering your #1 Biggest Business Challenge question tip: 

Go beyond just saying "Poor Cashflow" or "Unreliable Team". 

Instead, give Naomi details & specifics on how this is currently your #1 Biggest Business Challenge. 

I.e. "Every month I'm struggling to pay my bills on time because there just isn't consistent cash flow coming into the business. I've tried sticking to budgets in the past & pay myself less to keep some extra funds aside for emergencies, but still every month there seems to be another financial fire to be put out. I don't know what to do about it, so I'm just grinding it out."


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