We believe in the power of entrepreneurship . If you have an idea and receive the right support, then you can turn that idea into real substance. Encouraging the spirit of entrepreneurship can help us to tackle some of the challenges that established and aspiring entrepreneurs may face. If you are looking to grow your business and hear practical insights from; successful entrepreneurs, government, industry and Prime Dispute members, then join us and learn how to protect your business and overcome key challenges whilst developing locally and globally.
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ENTRPRENEURS /
Practical knowledge supporting established or aspiring entrepreneurs to avoid and resolve disputes locally and globally |
"Unfortunately every business is likely to encounter a business dispute at some point. When you do, it’s important that your dispute is resolved quickly and cost effectively, and without the need for court proceedings where possible".
Learn the skills to avoid conflicts
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SUPPORT FOR ENTREPRENEURS
With the help of our members we provide:
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4 TIPS TO GET YOUR BUSINESS GOING
Identify the right business for you /
Give yourself permission to explore and don't be afraid to ask questions. Be willing to look at different facets of yourself and listen to your intuition. Ask yourself some questions:
(a) Do what you know - Look at work you have done for others in the past and think about how you could package those skills and offer them as your own services or products.
(b) Do what others do - Learn about other businesses that interest you. Once you have identified a business you like, research the sector and the identify your competitors.
(c) Solve a common problem - Is there a gap in the market? Is there a service or product you would like to bring to market? (Note: This is the highest-risk of the three approaches.) If you choose to do this, make sure that you become a student and gain knowledge first before you spend any money.
Business strategy improves your chances for success /
Most people don't think a strategy can help them, but it will help you get to market faster. A business plan will help you gain clarity, focus and confidence. A plan does not need to be long. As you write down your goals, strategies and action steps, your business becomes real.
Ask yourself the following questions:
(a) What am I building?
(b) Who will I serve?
(c) What is the promise I am making to my customers/clients and to myself?
(d) What are my objectives, strategies and action plans (steps) to achieve my goals?
Know your target audience before you start spending /
Before you spend money, find out if people will actually buy your products or services. This may be the most important thing you do. The most important way to get this information is to ask your target market/customers directly and then listen. You can do this by validating your market.
(a) What is the size of your target market?
(b) Who are your customers?
(c) Is your product or service relevant to their everyday life?
(d) Why do they need it?
Build a support network and be reliable /
You've made the internal commitment to your business. Now you need to cultivate a network of supporters, advisors, partners, allies and be part of a membership that can support you should your business encounter a dispute. If you believe in your business, others will too. Network locally, nationally and via social networks. Join networks such as your local chamber of commerce or other relevant business groups. Here are some networking basics:
(a) When attending networking events, ask others what they do and think about how you can help them.
(b) No matter what group you join, be generous, help others and make introductions without charging them.
(c) By becoming a generous leader, you will be the first person that comes to mind when someone you've helped needs your service or hears of someone else who needs your service.
Identify the right business for you /
Give yourself permission to explore and don't be afraid to ask questions. Be willing to look at different facets of yourself and listen to your intuition. Ask yourself some questions:
(a) Do what you know - Look at work you have done for others in the past and think about how you could package those skills and offer them as your own services or products.
(b) Do what others do - Learn about other businesses that interest you. Once you have identified a business you like, research the sector and the identify your competitors.
(c) Solve a common problem - Is there a gap in the market? Is there a service or product you would like to bring to market? (Note: This is the highest-risk of the three approaches.) If you choose to do this, make sure that you become a student and gain knowledge first before you spend any money.
Business strategy improves your chances for success /
Most people don't think a strategy can help them, but it will help you get to market faster. A business plan will help you gain clarity, focus and confidence. A plan does not need to be long. As you write down your goals, strategies and action steps, your business becomes real.
Ask yourself the following questions:
(a) What am I building?
(b) Who will I serve?
(c) What is the promise I am making to my customers/clients and to myself?
(d) What are my objectives, strategies and action plans (steps) to achieve my goals?
Know your target audience before you start spending /
Before you spend money, find out if people will actually buy your products or services. This may be the most important thing you do. The most important way to get this information is to ask your target market/customers directly and then listen. You can do this by validating your market.
(a) What is the size of your target market?
(b) Who are your customers?
(c) Is your product or service relevant to their everyday life?
(d) Why do they need it?
Build a support network and be reliable /
You've made the internal commitment to your business. Now you need to cultivate a network of supporters, advisors, partners, allies and be part of a membership that can support you should your business encounter a dispute. If you believe in your business, others will too. Network locally, nationally and via social networks. Join networks such as your local chamber of commerce or other relevant business groups. Here are some networking basics:
(a) When attending networking events, ask others what they do and think about how you can help them.
(b) No matter what group you join, be generous, help others and make introductions without charging them.
(c) By becoming a generous leader, you will be the first person that comes to mind when someone you've helped needs your service or hears of someone else who needs your service.
"Industry is beginning to recognise that mediation can be instrumental in solving disputes whilst maintaining relationships. Protecting brand identity is now high on corporate agendas as conflicts and disputes, if not managed effectively, can have a negative impact on productivity, performance and the overall integrity of a business".
