Comments on: Warning – This Blog Post May Radically Alter Your Business https://www.kashflow.com/blog/radically-alter-your-business/ Accounting & Payroll | Free Trial - No Card Required‎ Wed, 16 Dec 2015 10:56:16 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: David https://www.kashflow.com/blog/radically-alter-your-business/#comment-2301 Sun, 17 Jun 2012 17:39:17 +0000 http://www.kashflow.com/?p=945#comment-2301 Although this bLog post is 3 years old its still a nice read.

I never realised how much the location of your business would be a barrier to hiring the right staff.

]]> By: Duane Jackson https://www.kashflow.com/blog/radically-alter-your-business/#comment-2297 Wed, 29 Jul 2009 19:32:29 +0000 http://www.kashflow.com/?p=945#comment-2297 Hi Martin,

A number of reasons for choosing London – including strategic hires (the new CTO) and proximity to existing and potential commercial partners

]]> By: Martin https://www.kashflow.com/blog/radically-alter-your-business/#comment-2296 Wed, 29 Jul 2009 17:45:01 +0000 http://www.kashflow.com/?p=945#comment-2296 It seems kind of obvious but expanding for expansions sake it always a bad idea so it’s nice to see you didn’t get carried away by the pounds signs as they lit up your eyes and took stock instead.

I have to ask what’s so special about London though unless it gives you access to resources you couldn’t otherwise have tapped into (like your CTO or server/technical resources)… It’d be interesting to know, assuming you can share..

]]> By: Duane Jackson https://www.kashflow.com/blog/radically-alter-your-business/#comment-2295 Mon, 27 Jul 2009 13:20:11 +0000 http://www.kashflow.com/?p=945#comment-2295 Hi Mark,

It wasn’t so much that the money being offered wasn’t ‘enough’. It was more that a) we didn’t fancy changing the dynamics we currently have by introducing a VC to the board and b) I’m enjoying what we’re doing here at KashFlow so I’m not looking to exit personally at the moment.

We certainly do have a plan that we’re implementing that will (hopefully!) see the business grow beyond any of the current valuations.

As I just said to someone else about the situation, it means we (the existing shareholders) take all the risk – but we also get to reap all of the rewards.

]]> By: Mark Lee https://www.kashflow.com/blog/radically-alter-your-business/#comment-2294 Mon, 27 Jul 2009 11:57:50 +0000 http://www.kashflow.com/?p=945#comment-2294 Well done Duane.
I cam across the same advice a few weeks back. Essentially it was to answer the question:
If money was no object what would you do as regards the business?
That can help drive priorities and activity as it evidently has done with you.

The related question is how much more than the 7 figures you would have receive will be ‘enough’? Do you have a game plan to make the business worth so much more that the offers would be that much higher and would you know what you would do with the extra? Or would it simply be a nice ‘problem’ to have?

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