Run off your feet? 5 reasons you need to make fast (and good) decisions episode artwork

EPISODE · Mar 15, 2023 · 29 MIN

Run off your feet? 5 reasons you need to make fast (and good) decisions

from Australian Business Podcast · host Rask

I'm guessing every working day you feel like you're treading water, with a million things to do, and 1,000 decisions that need to be made. In this episode of the Australian Business Podcast Owen Rask, your host of The Australian Business Podcast, and accountants Jordan Kidis & Danil Goloubev from Grey Space Advisory, explain why you need to get good at making fast and good decisions that align with your business goals. Great opportunities are timely and will not always be around (e.g. to hire someone or expand) Avoiding analysis paralysis is key - over-analysing and taking too long to make a decision can hurt your momentum. Maintaining momentum is key to all businesses. Saying ahead of your competitors can only be done if you are at least keeping pace.  Fast decisions help you keep up with customer needs and expectations  Australian Business Podcast resources Owen Rask’s free business course Ask a question Get a business health check from Grey space This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, don’t forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify.  If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the “Ask a question” menu link on the Rask websites, or leave your questions in the Apple Reviews. ✅ Grey Space Advisory – accounting today for a smarter tomorrow Do you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. ☕️ Rumble Coffee Roasters — our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.  *** The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices

I'm guessing every working day you feel like you're treading water, with a million things to do, and 1,000 decisions that need to be made. In this episode of the Australian Business Podcast Owen Rask, your host of The Australian Business Podcast, and accountants Jordan Kidis & Danil Goloubev from Grey Space Advisory, explain why you need to get good at making fast and good decisions that align with your business goals. Great opportunities are timely and will not always be around (e.g. to hire someone or expand) Avoiding analysis paralysis is key - over-analysing and taking too long to make a decision can hurt your momentum. Maintaining momentum is key to all businesses. Saying ahead of your competitors can only be done if you are at least keeping pace.  Fast decisions help you keep up with customer needs and expectations  Australian Business Podcast resources Owen Rask’s free business course Ask a question Get a business health check from Grey space This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, don’t forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify.  If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the “Ask a question” menu link on the Rask websites, or leave your questions in the Apple Reviews. ✅ Grey Space Advisory – accounting today for a smarter tomorrow Do you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. ☕️ Rumble Coffee Roasters — our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.  *** The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Run off your feet? 5 reasons you need to make fast (and good) decisions

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This episode is 29 minutes long.

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This episode was published on March 15, 2023.

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I'm guessing every working day you feel like you're treading water, with a million things to do, and 1,000 decisions that need to be made. In this episode of the Australian Business Podcast Owen Rask, your host of The Australian Business Podcast,...

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