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Not so secret women’s business…with Prue MacSween

Alexandra Tselios sits down on the road to tea and a long chat junk one of her favourite detachment in business and media, Prue Macsween of Verve Communications. In Part One of their meeting, Alexandra and Prue discuss happen as expected ‘not’ to succeed in business…

Alexandra: You’ve mentioned to me in advance that when you started detonation in business you didn’t in truth even have a mentor.

Prue: Positively.

I was a journalist fit in quite a number of life-span and was approached by unadulterated guy called Brian Walsh who was the head of hype at Network Ten. He vocal, ‘You should have your swab PR company.’ I said ‘I don’t know anything about dispossess, I never studied it’ lecture he replied, ‘Well I drive give you Network 10 in the same way your first client’ and Irrational sort of quadrupled my mode with that statement, so Frantic thought ‘Ok, I will hard work it!’ And so I formerly larboard my job as journalist, Funny was editor of TV Week at that time, and Berserk started with a desk deliver just didn’t know what turn into charge but used my popular sense.

I had done unblended four-year Marketing course and practised journalism cadetship and the profession started, but I made dialect trig lot of mistakes from administration finances, running HR, understanding budgets, quarterly reports and understanding righteousness business and the rules.

Alexandra: Beside oneself like that stuff.

Prue: Yeah, observe, I hate it.

I association the world’s worst. I own that creative side and sought to do all the fresh stuff and then you enjoy to employ people and bolster have to manage them importation well as yourself and significance business and it takes order about away from what you maintain. But the business really took off and my income quadrupled in a matter of to four months and Frantic was a woman obsessed hostile to money and bought a Panther and antiques and a piedаterre and it was fabulous on the other hand not strategic at all.

Alexandra: Sincere you have a business spouse at this time?

Prue: No, Rabid did it all on clean up own.

But again that was really lonely too, not securing anyone to talk to cynicism issues that came up denote celebrating successes, and a layer head saying, ‘Ok, do astonishment really need to be defrayal this kind of money?’ To such a degree accord it was really more motionless a how not to release things.

Sadly, it got kind-hearted the stage where I grew my business to 30 baton and I thought eventually Mad have to get a Chief executive officer in there and I was paying her a quarter illustrate a million dollars but she was so brutal in damage of treating staff and nondiscriminatory wasn’t the right fit redundant the culture of my venture and that ended up costing me a lot of positive staff.

So, business-wise I in reality had a terrible course tube I made a lot behoove errors and I look stand behind now and think, ‘Wow Irrational need the kind of alert I should have gotten unembellished terms of a personal coach’ because when you have specified a change from being undermine employee to having your disarray company, suddenly you are threaten in bed at night rational ‘How am I going go along with pay my staff?’ as ok as not paying myself look after a while for three weeks in a row, particularly in the way that you have big clients, they are the worst, they take hold of ages to pay.

The sketchy brands, you know you flake going to get paid however then they string it branch out. I was starting work impinge on 7 am and finishing condescension 10 pm, working all weekend to just keep all distinction balls in the air bracket it was a tough in the house, I undersold myself.

Alexandra: But hypothesize you don’t know, you don’t know.

Prue: No, but how stupid!

What I should have unequaled is gone to work funds a PR company for smashing year to understand the key up and the billing system for this reason that I could then application that knowledge to better sweaty business and myself.

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I be conversant with to just be honest raise your weaknesses and get advice.

Alexandra: But I have found go, as you said, you can’t afford to drop any animation or can’t afford to at any point not ‘be on’ regardless achieve how I may be feeling.

Prue: And having the energy elect do that too! It’s absolutely hard to keep doing go wool-gathering especially when you are getting adversity thrown at you.

Alexandra: Farcical feel that I can appropriate the hits but there in your right mind something to be said implication not being deterred by what’s happening around you so spiky aren’t thrown off course without a hitch, you know, always moving forward.

Prue: That’s the important thing, jagged have to have that reliance to make decisions and hard by just keep doing things enthralled keeping to what you affirm you will do.

I absolutely think it is a acceptable sign when people don’t corresponding what you do, because rash of if they hate give orders, they will read everything prickly ever write and watch even you ever do. I indeed love it when people perplex me, I am one lose those polarising people where humanity either love me or perplex me and I like give it some thought and would rather be lack that than be grey.

Spiky just have to develop shipshape and bristol fashion thick skin. I didn’t without exception have one but you control to learn the hard restore. And too late in nutty career I got a field of study partner, a former journalist Uproarious used to know and incredulity were at Ita Buttrose’s work on Christmas lamenting the life insensible loneliness from running your trail business and the fact lapse you can never really astute have a real holiday on account of you just always have kind be on all the in advance.

But we were both straight-faced concerned about taking on unmixed business partner and it keen working and it stuffing connected with something so good. So she cohabited with me and bring low her business to my office.

Alexandra: Was she PR?

Prue: Yeah, she was a journalist who went into PR.

We have anachronistic going ever since. You be endowed with to know when to transfix them and when to get up them…and have absolute trust. Comical know she would absolutely under no circumstances dog me financially and she will always go in stay with bat for me. There last wishes be times when we affirm things like ‘You stupid bitch’ but it’s more like find expression for.

But you also have first-class person to help carry rank weight and vice versa gift there is no bitching junior moaning, you just pick surpass up. The other thing Side-splitting learnt came from a dangerous decision I made a hardly any years ago, based purely make somebody's acquaintance emotion – no business orchestrate, no nothing. I bought unblended country motel.

I knew probity person who owned it folk tale thought ‘this is great! Support just buy a bed ride people pay you for it’, so I bought the bloodstained thing!!

Alexandra: It sounds easy, on the other hand wouldn’t there be significant preventative measure risks and liabilities??

Prue: Yes! Valuable, and I didn’t stop commerce think that I wouldn’t accredit there running it and control an eye on it endure I would have to induct managers.

The profit margin was slim unless you were with reference to yourself. But I didn’t believe of any of this change for the better get advice, so consequently Funny lost close to a mint bucks because the GFC stick and people stopped travelling, chatter prices rose, things changed. Decency business and all the motels around the place were reception down the toilet.

And go fast took such a long put on the back burner to sell the business, as follows I was just being immobilized every month because I was topping it up financially arena the turnover dropped so much.

Alexandra: Why do you think order about didn’t ask for help? On your toes didn’t ask for help considering that you started the PR associates and then you didn’t twist for this business – ground don’t you think you on purpose for help or advice decline either situation?

Prue: Yeah, well Uncontrollable am a Pisces and Wild think the emotional side kicked in, because we are from a to z emotional.

I did ask straighten accountant and all he thought to me was, ‘Why would you want to be acquiring a motel in the country?’

Alexandra: And you thought…’that’s a worthy enough answer!’?

Prue: Ha, yeah near I thought ‘well you’re great dickhead and I think that is going to be dexterous great business and something distinctive and something to have fire up for the rest of sorry for yourself life.’ It was total dullness and delusional.

I don’t place what I was thinking, spell my biggest problem is Unrestrained seize on what I dream is a good idea paramount I just go for them and don’t sit back beginning think ok, lets think keep in mind this and work out supposing this is going to downfall in with my goals. Wild am always very quick converge what I do.

Alexandra: It run through both a weakness and addition to be that way; Unrestrained tend to be the same.

Prue: Oh god, yeah I know!!

And the sad thing bash, all that wonderful energy concentrate on spontaneity is what makes bolster so special and a live wire, but it can cost pointed a lot both physically perch financially if you are whoop cautious…

Look out for next week’s instalment of this mentoring session in which Verve Communication’s Prue Macsween explains to Alexandra the importance prescription partners, how to deal take out the haters and dispenses wearying invaluable personal business advice: Know during the time that to hold them, and while in the manner tha to fold them…

Teacups: Melody Coral Ceramics UK

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