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BusinessCompanies that thrived during a recession (and how they did it)
New Zealand business recession stories
In 2006, Rod Drury founded Xero, a cloud-based accounting software company in New Zealand. When the Global Financial Crisis (GFC) hit in 2008, businesses struggled, but Xero saw an opportunity. They recognised that small businesses would look for cost-effective and efficient solutions to manage their finances remotely.
Despite the recession, Xero focused [...]
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Keeper of books: Find yourself a good storyteller
When the story of your life is being written, you would like it to reflect on what you do every day and how it relates to other aspects of your life. You would like it to be written in a language that you understand. As for business owners, their business is their life story. They […]
Capital Raising – putting our money where our mouth is
This series started with The history of Gilligan Sheppard Capital Raising. GS has been active in the property syndication and start-up capital raising space for quite some time. There are many that know us well. However, there are also many more that do not realise that GS ‘do’ this. The reason many may be unaware […]
The word “busy” – Bad, rude or a warning sign?
Busy – it’s a phrase I’ve been using a lot lately, when someone asks, “How are you?” my go-to-answer has been “Busy!” The dictionary has ‘similar’ words associated with busy in the negative… Busy (bizi) Adjective: having a great deal to do – hard-pressed / time-poor / have one’s hands full Verb: keep oneself occupied […]
Capital Raising – what to expect when first looking to raise capital
Other than going to the bank or approaching family members – how can you raise money for a business? Raising capital refers to an investor who gives funds to assist with starting, growing or managing day-to-day operations. Sometimes you will have a great idea for a business, but not enough money in the bank to […]
What goes around…
Most mornings over the past ten years, I ride down Tamaki Drive from Eastern Bays towards our city offices, while dawn cracks against Auckland’s skyline and the sun rises from Waiheke Island. Typically, I would see less than ten bikes along the way. In recent years, more and more bikes have joined the commute. I […]