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There are many people who want to quit their ‘9-to-5’ jobs to become their own boss so they can set their own work hours and agenda. This kind of freedom is appealing and it motivates people to strike out on their own and become entrepreneurs. But if you think working for yourself will be easy, startup mentor Jon Westenberg is here to give you a reality check.
Quickflix became the first victim of the streaming wars in Australia this week, announcing it is in voluntary administration, a move many anticipated. The company founded in 2003 by CEO Stephen Langsford’s garage in Perth, was originally an online DVD rental service where customers paid a flat fee to have an unlimited number of DVDs delivered to their door — just like Netflix in the US.
You can’t blame customers for driving a hard bargain but sometimes it’s hard to say no when they ask for a discount for your goods or services. Often you don’t want to refuse as it may damage an existing relationship. One way to approach this situation is to ask your customer why they want a discount in the first place.
Since late 2011, Quickflix has been a quiet performer in Australia’s increasingly crowded subscription video on demand market, with an all-you-can-stream video option as well as rentals of TV and movies alike. Long before that, it was a DVD mailing rental service, founded back in 2002. Today is another big bump in the road for Quickflix, though, and it may well be the last: the company has been placed into voluntary administration and might be dismantled.
Redditor mrrej89 posted this beautiful workspace to the Battlestations subreddit. At first blush, it’s simple, almost a little boring, but then you look more closely at the details — from the lamp to the keyboard to the monitor stand to the bookshelf, it’s simple, but all well done and well built.
Growth is never a bad thing for a business. As your operation changes from a one-man band to a team of 10, you need to ensure that you alter the way you run the company. What worked when you were going at it alone may not be the best approach for a growing business. We have some advice on this topic.
A new research report has found a three-day working week translates to healthier and more productive employees, particularly in the over-40s demographic. Apparently, a part-time job provides the best balance between keeping the brain active and living a happy, stress-free existence. It sounds pretty great, but who can actually afford to only work three days a week? We analyse the statistics.