SMH.com.au
4/4/2011
This article is an interview with Sydney entrepreneur Creel Price, that started Blueprint Management Group with $5000, and 10 years later sold it for $100 million. Price, the captain of Australia in the sport of Elephant Polo, had unique business practices in his time, for example taking his staff to climb Mount Kilimanjaro and bicycle riding from Bangkok to Ho Chi Minh City. In this interview it explores some of his hardest challenges, business tips and what is next in the future.
At the moment in Commerce not too many other topics have been discussed as the class has had limited time on the topic of creating a business. However in this interview it covers many aspects discussed previously, such as taking no shortcuts- 'good business takes time', and his toughest challenge in business- 'starting a business (Blueprint) with only $5000 in capital and to try and compete with cashed up multi-national corporations.' He overcame this problem by installing a rule that customers pay him within 48 hours and stretching entry level people to do jobs beyond their previous experience. Successful entrepreneurs need to think outside the square, and he has done that.
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