Think like an Investor

One of the biggest breakthroughs I have helped my clients with is to encourage them to think like an investor as apposed to a manager in their business. Thinking like an investor makes you look at your business totally differently and you then make more informed decisions about what the priorities might be.

How do you do it? Well, if you are not financially minded I have encouraged many clients to upskill themselves by reading 'How to Read the Financial Pages' by Michael Brett. Then you can start studying and understanding business through the Financial Times.

The second thing to do is to ask a professional investor how they would value your business and what you need to focus upon in order to increase its value. I guarantee they will give you different feedback than say a business advisor and that's the point.

You need to get your money working for you rather than the other way round.

Does this advice work? Well you could ask the Keepmoat boys, they followed it and sold out for £780 million in 2007!