Put in the firing line by a master business partner

Posted on October 30, 2012 | in Confessions of a Serial Entrepreneur | by Richard

The aboriginal guide’s eyes widened in disbelief when he saw the bright yellow pyjamas, and he said “you had better take those off mate.” So David Norwood stripped down to his underwear and we started off on our wild pig shoot in the north of Australia. Asked why he had worn them in the first […]

Turtles can turn into gazelles in a good incubator

Posted on October 12, 2012 | in Confessions of a Serial Entrepreneur | by Richard

IT IS one of the saddest scenes in nature. On a deserted beach, mother turtle struggles up the sand, and laboriously digs a hole to lay her eggs. Sometime later, hundreds of tiny baby turtles scramble out and start heading down the beach towards the water. The birds, in a frenzy, scoop up such an […]

What’s a fair deal for cash and expertise?

Posted on September 19, 2012 | in Confessions of a Serial Entrepreneur | by Richard

“I’ve been doing this for four years. I’ve put a huge amount of money, my money, my wife’s money, which is our future, on the line. I can’t make a mistake now. I don’t want to be the founder that ended up with the tiny little minority share of the thing he started, while other […]

Don’t make a kangaroo’s dinner out of a business investment

Posted on August 30, 2012 | in Confessions of a Serial Entrepreneur | by Richard

I WAS shocked when a good friend in Australia mentioned he’d invested $100,000 into a new business, planning to export kangaroo meat. It was a lot of money for him, and he came to me a little concerned that things weren’t right. He only shrugged when I asked “mate, you know I’ve been doing a […]

When to say goodbye to a business

Posted on August 2, 2012 | in Confessions of a Serial Entrepreneur | by Richard

They crowded around, smiles beaming, and there was no way to say “no” to the “Pepsi boys”. We were on the beach in Mahabalipourum, India and my mate and I had just finished our daily game of volleyball with some local kids. We’d been playing each day and the custom had become to buy Pepsi […]