Opportunities

It seems that one opportunity with the OC takeover is dead in the water.  Having said that, OC seems to still be quite keen on us moving forward and are reducing the rent offering.  It is still high, but a lot different to what they initially offered us.  The key issue is that the current tenant is now not that keen to move out, so I still think the deal will not work out.  But who knows, let's see what they can do.

One thing with opportunities when I have my own business is that any opportunity is potential and needs some thought.  I guess the next few years will be trying to develop, maintain and improve the validity of multiple income streams.  At the moment, there is GAP and Rewind, and we are trying out a new Rewind event to see if it will work.  This means that each opportunity has its cycle of developing (usually quite intensive), maintain (when operationally stable) and then improve (with refreshes of the offering).

So I need to be conscious of what cycle each of them is at, in order to not burn out.  But also I can realise that not all the opportunities require the same amount of attention at the same time.  Unlike a job where I have to focus only on that, I need to develop the skill to quickly diagnose what is wrong and get it fixed up.   Multi-tasking is no good, but serial focussing may be a better solution.

The other skill is to be able to quickly discern the validity of an idea, and the probability of success.  I think I am still quite "on the fence" with many opportunities, so develop the quick "making a decision" ability will increase my capacity to test and see ideas.

The other opportunity is to work with Aives on a social entrepreneur expansion into Asia.  At the moment, it seems like their own execution in Australia needs time, but it gives a bit of space to do some proper market research to come up with a good approach to this opportunity.  I think it is a good one, as I want to get involved in social entrepreneurship.  I am slightly wary though, as I may have a romantic notion of what it actually is about.  Need to get out there and talk to those people in the industry and see whether I really want to do it.  Of course, there are many facets of that business, so another approach (which may be more fruitful) is to find the elements of that opportunity that I think I will enjoy and really push on those.