The MHC Blog

Powerful Business Insights for Succesful Leaders
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What we can learn from other generations

We are a small business, with our team of 2 being born in different generations (late Baby Boomer and early Gen X).  We were both brought up by the Traditionalist Generation and, being close in years, have very similar views in our business approach.

We are also lucky to work with many Companies and across many different generations.  As their business coaches, we can install into them the habits we have learnt over many years of corporate life and the younger business leaders are teaching us business hacks that their generation take for granted.

One of the Companies we are grateful to work with are a UK based start-up Company called Upward Fitness & Wellbeing. Both owners fall into the Gen Y / Millennial generation and it’s fair to say that there has been learning from both sides.  We act as their business coach and they act as our personal fitness trainer and nutritional coaches.  We manage this business relationship whilst being based in 2 different countries, over 7,700 km apart, different time zones and working weeks!

So how do we manage the joint coaching relationship? Let us share how we do this and how this relates to our personal education from the “millennial kids”!

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When should you engage a coach?

How many of us have tried to diet or improve our fitness by ourselves?  We know we need to make some changes in our health, but are lost to know what we are doing wrong and how to put these things right. So, we join a gym or buy organic, but are often left out of pocket financially and still the same weight and still chowing down on fast food!

We start with great intensions, complete online research to the foods to avoid and those we need to eat, and may even have seen some great results at the beginning, but walking past fast food outlets becomes impossible after a few weeks – one burger and chips won’t hurt will it?  And were back on the slippery slope heading back to our bad habits and our results start show our lack of focus.

 

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VAT 101

We had such a great response to the VAT article posted on 1st October, thank you to those that took the time to email us. 

 What the response did bring to our attention that many of you are confused as to what VAT is, so we thought it would be a good idea to provide a layman’s overview to VAT, what it is and what we, as business owners, need to do. 
This article is written with our Financial strategic partner expert, Caroline Thevenot of CTC Consultancy.

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Hiring for growth

Scaling a business is a difficult and often painful process that requires a great deal of time and focus.  When you first start up a business, it’s your baby, your creation.  When you first start out you tend to be the entire workforce as there isn’t anyone to delegate to!  You work as the Sales Manager, Business Development Manager, Operations Manager, Administration Manager etc as well as being the founder, CEO and general dogsbody. 

But as your business starts to grow, you need to add to the team.  You are no longer able to do everything so it’s time to hire team members.  I have spoken previously about making sure you hire the right people to your team; this blog is covers 5 pitfalls of hiring for growth:

 

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Heads up …. VAT is coming. Joint blog by Claire Donnelly and Caroline Thevenot

I don’t know about you, but since the headline that VAT is coming to the UAE, I have basically had my head buried deep in the sand hoping it would go away or be delayed for another couple of years by which time I may be out of my denial state!

But there is no avoiding it now, VAT is coming, effective from 1st January 2018, and its time now for me and anyone else out there acting like an ostrich to get our heads out of the desert and start finding out exactly what we must do and by when.

I did attempt to find out more details and was amazed at how little confirmed information there seemed to be out there to answer some pretty basic questions.  However, I did find out the following:

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