How Melbourne Business Owners find opportunities in difficult situations

“You may encounter many defeats, but you must not be defeated. In fact, it may be necessary to encounter the defeats so you can know who you are, what you can rise from, how you can still come out of it.” — Maya Angelou

Successful entrepreneurs get to where they are now because of their determination to reach their goals, which includes braving the odds and overcoming hurdles. The recent global scenarios in the past two to three years have been very challenging. Many business leaders have looked into finding opportunities under tough situations. But how do you do it?

President's Update - May 2022

From the President

YOUR THOUGHTS ARE YOUR GREATEST LIMITATION

The international borders are well and truly reopened, and I have just come back from the Global Leadership Conference in Spain where the focus was to help unleash your potential as an individual, an EO member and an entrepreneur. I encourage all of you to look out for opportunities to attend global events to experience personal and professional growth. The connections made with other Chapter members are priceless.

How to deliver engaging and impactful presentations

Presentations are essential in a business. People present their ideas or topics during speaking engagements, proposal meetings, and various events across different industries and sectors. But how do you make killer presentations that are impactful enough to draw your audience to your message?

The Excitement Soars High at the iFLY EO Melbourne Family Event

It was a fun Sunday for EO Melbourne families as participants had a thrilling experience at the iFLY Family Event held on 3 April 2022 at the iFLY Melbourne attraction.

The chapter never fails to come up with exciting activities like this that delight not only the members but also their entire family. It allows members to bond with their families and with other EO Melbourne members through family socials.

Member Focus Series: Paris Thomson

Let’s get to know more about our EO Melbourne Member Paris Thomson, Founder and Creative Director of SIRAP, a content-led creative production studio specialising in film and motion content. Paris has a Bachelor of Communications in Journalism, Media and PR from RMIT and then worked extensively in television in Australia. She is proud to be an Ambassador for Future Women.

Futurist Sarah Owen talked about “Future Forecast 2024” to EO Melbourne

Trend forecaster and futurist Sarah Owen, Co-founder & Global Futures Director at SOON Future Studies, recently shared how SOON Future Studies has uncovered “the global drivers of change as well as 30 emerging trends that will help drive business decisions over the next few years.”


SOON is a futures think tank focused on human insights.Hosted at The Taboo Group, office of EO Melbourne Member Andrew Mackinnon, the "Future Forecast 2024" EO x SOON Event with Sarah Owen was attended by EO Melbourne Members, Strategic Alliance Partners and members of the SLP Forum.

How to keep your team inspired at work

The lockdowns imposed during the pandemic have pushed many businesses to manage their teams remotely. Now that restrictions are easing up and things are having a semblance of normalcy, some have embraced the “new normal” with people going back to face-to-face activities but with certain safety protocols imposed. Others still work from home, while there are others that adapt hybrid work arrangements.

President's Update - April 2022

From the President

CONNECTIONS

I have just come back from EO Ignite and witnessed firsthand the power of connections. It was great to see our EO Melbourne Chapter members making connections with other Chapters and expanding their outreach. Spending time developing relationships with like-minded entrepreneurs felt like nourishment of the soul. I found myself sharing my darkest moments and walking away with a new perspective on the challenges ahead. As the EO Global community opens up and more event opportunities present themselves, I encourage all of you to build up your connections.

Member Focus Series: Michael Lattouf

Michael Lattouf is the Managing Director of Mikado Group. Michael has over 15 years of experience in senior and executive roles in Infrastructure, Railway Signalling and Telecommunication project planning and delivery in both the public and private sectors. He is a Chartered Engineer, Fellow, and EngExec and also holds a business degree majoring in financial management encompassing both technical and commercial expertise.

Data vs gut-feel in decision-making

When do you use data and when do you rely on instincts in making business decisions?

Decision-making is important in every business and organisation. It is crucial in finding short-term, medium-term and long-term solutions to problems or plans that need to materialise.

Mentorship: it’s a two-way learning

It was a first-time for both mentee Laiken Kerr Clarke, Director at Medisound, and mentor Catherine Duncan, COO at Matthews Steer Accountants & Advisers, to take part in EO Melbourne’s Mentorship Program and both found it enjoyable. Plus, they found the program nicely structured, which allowed them to go through their objectives for this mentorship journey.

President's Update - March 2022

From the President

BE CURIOUS

Firstly, let me say that it is awesome to once again attend events in person. We have had a great start to the year with a great lineup of events, having attended the Australian Open, which was an amazing experience to connect with members whilst enjoying Melbourne at its finest. I have also enjoyed the presentation with Ecopsychologist Mark Mathieson as well as our member dine-around, which have become a new EO Melbourne tradition and a highly popular event of the chapter. I am also thrilled with the members' interest in this year’s Grand Prix. It will be a great day sharing stories and getting to know everyone on a deeper level. One thing EO does better than most organisations is “scale-up trust”. It always amazes me what a safe environment EO is for sharing and diving deep into any topic.

Strengthening your 2iC as a way of strengthening your business

One of the long-term goals of many business owners is for them to, later on, be more focused ON the business rather than be IN the business. This means that they evolve from doing job execution and daily operations to heavily leaning towards setting strategic directions and vision achievement of the company. To do so, entrepreneurs have to free certain space on their plate so that they can concentrate on growing their business. This is where having an effective 2iC becomes helpful.

The beauty of mentorship: having someone focused on your growth

The EO Mentorship Program runs for 12 months where mentors and mentees have regular monthly catch-ups, which usually last for only an hour or more. But for mentees like Jeni Clift, Owner and Co-founder of Otto, those regular conversations with her mentor, Anthony Closter, Director at Urban Land Developments, were precious to her.

Managing conflicts within your business

Disagreements, miscommunications and misunderstandings are never absent in any organisation, even in business teams. There will always be varying opinions and work styles because each individual is different and you cannot always control how they respond to certain situations. But when all these arise into a conflict, how do you handle them so that the entire team is not affected and work will not be jeopardised?

The importance of innovation in business

Competition is getting fiercer, technology is advancing faster, and market preferences are leaning towards newer products and services. For enterprises to have a continuous upward curve in their performance and remain relevant to the changing times, they need to look for ways to constantly innovate themselves and consistently improve their business.

Best practices on building good teamwork while working remotely

In this era of working remotely, getting your team to stay constantly connected and build a stronger relationship and dynamics is important to keep everyone going and motivated. The big question, however, is how? What are the things you need to do to enable you and your team to work together to achieve your business goals despite the challenges and limitations of distance and time?

The value of training in organisational development

How do you nurture your organisation’s human resources? Every member of your team is valuable on how to bring your business forward and achieve its goals. But as you take in new challenges, aim for greater heights and expand your horizons, how do you equip your people to ensure that you can all move towards the same direction and at the same speed?