Telling the truth about SME life today

There’s no formula for surviving, but employers each have their own recipes

This year hasn’t been my best, but it’s been my second best so I am not complaining. In fact, I’m not complaining at all. Success has, on many occasions, been meeting the monthly payroll, so surviving for 25 years is in itself, in my eyes at least, a considerable success.

There is of course no formula for surviving and even thriving (if there was I am sure someone would have patented it by now and it would bound to be somewhere on google!).

But as with any good recipe, good ingredients: a degree of skill and patience, and that all important stamina must be factors.

A business, particularly a small business, will have some sort of crisis every day. Perhaps crisis is an inflammatory word. Maybe I mean issue.

The classic advertising slogan of we don’t make a drama out of a crisis could perhaps be attributed to a skill set that an entrepreneurial owner manager has had to develop to deal with life in the topsy turvy 20teens

So if I wanted to ensure my recipe went according to plan, perhaps I would go to the best local deli or supermarket to source the ingredients. However, until such stores start selling patience and stamina, I guess the entrepreneur will have to home grow.

How to grow Skill:
Take a dash of common sense,
Sprinkle with a large shot of experience,
Add a lump of Savvy Stir for a number of years.

How to grow Patience:
Using a large dish of time,
Add a modicum of deep breaths,
And a dollop of self-control,
Cook slowly over a low heat.

How to grow Stamina:
Pour into a deep bucket a substantial proportion of determination,
Add in slowly a long release of energy,
Simmer along with a bottle of professional hunger,
And never take off the boil.

Jo Haighis head of FDS corporate finance services and the author of ‘The Keys to the Boardroom – How to Get There and How to Stay There’.



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