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It’s warm 1.5kms underground

October 13, 2009

I went to a copper mine on the weekend. What an experience. Accompanied by five blokes, we drove 1.5kms below the surface via a 4 wheel drive rescue vehicle. It was dark, more than a little dirty and at the bottom, really warm. The temperature of the rock down there was 55 degrees Celcius. It felt like a journey to the centre of the earth.

As we drove into the mine tunnel, thoughts of claustrophobia peaked when I looked back at the entrance getting smaller and smaller. Then our guide the driver, mentioned that ‘down here, the light at the end of the tunnel has a whole new meaning’ so of course one of us asked why. ‘Because it means there’s a 80 tonne truck heading our way’ was the response. Ok. Let’s talk about something else.

The mine felt like a village but on different ‘floors’. It felt like we went through a maze of tunnels going everywhere (thankfully they have maps and each tunnel is numbered). We got out and walked around massive vehicle workshops and crib (lunch) rooms, then back into the main road down to the ‘copper face’ to watch the oversize Tonka toys at work. Loaded up with ore, some of these trucks didn’t have much room as they swung around tunnel corners and barrelled through laneways. Skilled, that’s all I can say about the drivers. Skilled. Although we did have a few trucks bearing down on us there wasn’t one instance of road rage. They all work as a team down there. They have to. Each miner belongs to team that works a 12 hour shift with 1 major break. They have targets and there is a bit of competition between teams. All in all, it’s a completely different life to ours ‘on the surface’.

One of the miners we chatted with was a Jumbo Operator. Apparently this is the most coveted job in the mine. Someone told us that Jumbo Operators hold onto their jobs with a vengeance, and when someone new starts in the mine they have to do their time before they’d even get considered for that role. That could take 5-7 years and then you’d need to wait for a vacancy.

One of the young guys started working at the mine a year ago. He’s already decided the ultimate job he wants to have (no prizes for guessing which one). So he shared this with his manager who told him exactly what he’d need to do to get there, and how long it would take. He’s on that journey now – he’s got his end goal in mind. What’s so great is that he can actually talk to the person doing that job and imagine himself doing it. That goal is tangible for him – he can smell, taste, hear and touch it.

Last week someone I know discovered a list of 33 goals she had written down for herself 9 years earlier. As she went through the list she started marking them off. Of the 33 a massive 29 had been achieved.  Of the remaining 4, 1 was not appropriate anymore and the other 3 related to her children after they left school – which they are yet to do. So she had 100% success in achieving her goals.

Did you know that only 5% of the population actually takes the time to write down their goals? It’s so easy to ‘store’ them in our mind but the power of writing them down is incredible. There’s no time like now to start so let’s commit to writing our goals down within 24 hours of reading this!

Here are some goal writing tips to help you:

  1. Write them down positively – “I prioritise tasks by 9am each day and do them before noon” rather than “I don’t procrastinate
  2. Write in the present tense – “I am 55kgs, fit and energetic” rather than “I will be slim
  3. Be detailed – “I am walking through historic Perugia, Italy where I am studying Italian at a local university for six months” rather than “I am in Italy
  4. Review and repeat them. When you do that, your mind starts working on the steps needed to get there and your senses make you aware of things that will get you there faster.

Add to your goals and when you start achieving your goals add some more.  Good luck & enjoy the journey!

Karen Saunders, Business Coach, 10X Central West NSW

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10X Central West Businesses Selected for Performance X Factor

November 5, 2009

Dubbo accounting firm, Scolari Comerford, is bringing internationally acclaimed business planning services to NSW’s Central West with the launch of 10X Performance Planner through its business development division, 10X Central West.

Developed by business performance franchise, 10X, the Performance Planner model leverages the expertise of international business leaders in conjunction with local know-how and the on-the-ground support, coaching and expertise of award winning Central West 10X business coach, Karen Saunders.

10X Performance Planner gives Central West business owners access to a revolutionary style of business planning that has never been available at a local level previously. In fact, Scolari Comerford is only one of just 45 firms across Australia selected to partner with 10X Global Pty in making this sophisticated business planning tool available to the business community.

Nic Clark, 10X CEO, makes no apologies about being scrupulous about which firms 10X brings on board, stating that “10X only partners with leading accountants and business coaches that have demonstrated a proven commitment to supporting business owners in their area. They must be dedicated to not just reporting on the numbers in their clients businesses, but proactively working on improving those numbers and the livelihood of local business.”

Peter Scolari, is thrilled that his clients now have access to this exclusive business planning service via his firm’s business development division, 10X Central West. As he notes, “A business owner often ends up constantly working in their business rather than on it, consequently losing track of how their business is really performing. 10X Performance Planner helps business owners uncover the truth about their business performance, and provides specific, proven strategies and action plans to improve any problem areas or capitalize on opportunities for improvement.”

Peter Scolari and 10X Coach, Karen Saunders are already well-known to many in the in Central West area for the momentum they are creating in the local businesses community through their group coaching program, 10X Coaching Club. Peter says that 10X Performance Planner is a highly-welcomed addition to the suite of business performance products and services available via his 10X Central West division.

According to Peter Scolari, 10X Performance Planner is suitable for absolutely any business and has a long-term focus that sees a business owner’s accountant and business coach get to know the inner workings of a business more intimately than other types of accounting or coaching programs. As a result, Peter Scolari promises that “Clients can be confident that the strategies they implement are the most effective for achieving their business goals.”

10X Performance Planner is based on the tried-and-tested strategies and systems of industry leaders that have been proven to work for any business. The team at 10X are confident that the Performance Planning process will fulfil the business development expectations of every business owner that uses the program – so much so that they guarantee results in the shape of a money-back guarantee. Peter Scolari states that “Many business owners are sceptical about the nature of business coaching. At Scolari Comerford and 10X Central West we are a world-class business services provider and we’re willing to put our money to that claim.”

If you are a business owner and want to learn more about how your business can benefit from 10X Performance Planner, please contact Peter Scolari on 02 6884 3451.

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World-first iPhone App

October 8, 2009

iPhone Cashflow CalculatorScolari Comerford (www.scolaricomerford.com.au) launches new iPhone App, Cashflow Pro, literally putting cashflow growth in the hands of local business owners for the first time ever.
 

Dubbo – 10X Central West and Scolari Comerford today announced the release of CashFlow Pro, a one-of-a-kind iPhone application designed to provide Central West business owners with a quick, convenient and accurate analysis of their business’s most important financial indicator – their net variable cash flow. The 10X-exclusive application also offers over 170 practical strategies to help SMEs strengthen their financial position for long-term growth.
 

10X Business Coach, Karen Saunders says that CashFlow Pro is the first cashflow management tool created specifically for the iPhone and will serve a as a strategic tool in the war against business failure. According to Karen, “Cashflow is the number one problem facing my clients and business owners across the country right now, with some 60% of small business owners citing serious concerns about cashflow. Cashflow Pro will give once-struggling business owners the ability to maintain their cashflow position anytime, anywhere with just a few clicks on their iPhone.”
 

Karen is confident that the 10X CashFlow Pro iPhone application will prove to be an indispensable monitoring tool for on-the-go business owners, allowing them to instantly assess the state of their cash with just a few input figures from a profit and loss statement and balance sheet. The application also calculates a business’ Gross Profit, Required Working Capital and Marginal Cash Flow. Included in its cashflow improvement strategies are proven methods to reduce the cost of goods, reduce expenses, improve pricing, reduce debtors’ amounts, slow payments to creditors and reduce stock holding.
 

Karen believes that the easy-to-use interface and portability of Cashflow Pro will prove a winning strategy with time-poor business owners. As she says, “I’ve seen too many profitable companies go under because they run out of cash and were never aware that they were operating with a negative cash flow. The 10X Cashflow iPhone App is designed to prevent that happening by giving business owners a cashflow management tool that they can easily use and, more importantly, actually want to use.”
 

Features of 10X CashFlow Pro:
• Easy to understand, flow chart style visuals.
• 20 ways to reduce the cost of your goods.
• 80 ways to reduce your expenses.
• 31 ways to improve your pricing.
• 21 ways to reduce debtors’ amounts.
• 5 ways to slow payments to creditors.
• 22 ways to reduce stock holding.
• Use app again and again as your business grows to keep on top of your cash flow.

 

10X CashFlow Pro is the latest addition to the 10X range of business development products, designed to help small-to-medium business owners dramatically improve and grow their business. It is compatible with the iPhone and iPod touch. To download the application, open the iTunes Store and click on the App Store.

Then simply enter ‘CashFlow Pro’ in the top right ‘Search iTunes Store’ box or simply access the application via this quick link: http://tinyurl.com/mjsyne
 

To download the 10X Cashflow Pro iPhone App for media reviews, please contact the 10X IT Developer, Scott Gassmann, to arrange your free promotional code for download via: scott.gassmann@10x.com.au

 

*60% statistic taken from the BREW ANZ Private Research Study, in which 60.6% of companies with a turnover of less than $40M/year cited serious concerns about cashflow.

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October 8, 2009

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