Otara Together Vibrant & Strong and 1 more...less...

All People in Otara are Thriving

1.0 - # Local Otara Entrepreneurs & New Businesses/Start Ups


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Story Behind the Curve

Source: Note: this data (total business units) includes both Otara and Papatoetoe (Local Board Area). The # of new business units is arrived at by simply calculating the difference between the annual periods reported. Sourcing Otara data only for this measure is difficult, however in the meantime and until this becomes possible, the combined report still indicates the overall level of local entrepreneurial activity.  The story behind the baseline (below) describes the original baseline derived form 'Group Think'. That base line reported a more pessimistic forecast.

What's helping to improve the number of Local Entrepreneurs and Start Ups

  • less employment opportunities > people going out of town
  • financial responsibilities
  • left their job, wants to be their own boss
  • a desire to improve lifestyle
  • uncertainty in employment market as an employee
  • business networks
  • clear business plans
  • business mentors

What's not helping to improve the number of Local Entrepreneurs and Start Ups

  • People taking their spending elsewhere
  • insufficient or nil seed funding/capital available
  • insufficient experience
  • fear of failure
  • no real government start up entrepreneurs support agency
  • cost of business incubators high
  • failure to listen to (ignoring) business advice
  • poor planning
  • low or nil corporate support
Contact Name and RoleContribution This Organisation or Person Offers

What I Can Do Differently to Improve Our Chances for Success
Changes We've Made To This Scorecard

DateHui#Change MadeBy Who
04/11/20162Changed Indicator Title

From: # Local Otara Entrepreneurs & Start Ups

To: # Local Otara Entrepreneurs & New Businesses/Start Ups

The HUI#2 Group
Scorecard Result Container Indicator Measure Action Actual Value Target Value Tag S R I P PM A m/d/yy m/d/yyyy