How to Collaborate
If you’re looking to grow your business, expand your reach post Treaty or simply try something new, collaboration can be one of the most effective ways to do it. The key is approaching it with a bit of structure. And resisting the urge to say yes to everything just because someone seemed nice over a coffee… Here’s how to do it well.
1: Start with the gaps
Before you look for a partner, be clear on what your business actually needs. It could be more visibility, access to a different audience, new expertise or a way to strengthen your offer. The clearer you are, the easier it becomes to spot the right opportunity when you’re speaking to people at events. You’re not just making small talk. You’re listening for something, a sign of overlap. Networking works best when you know what you’re listening for.
2: Use networking events properly
In Gibraltar, there’s ALWAYS stuff going on and this is one of your biggest advantages. From running clubs, to group art classes to formal networking, you’ll find people from different sectors in the same room, often open to ideas, and occasionally willing to talk about something other than property prices.
Don’t limit yourself to your own industry – spread your wings. Some of the most effective collaborations come from unexpected pairings. A local business teaming up with a complementary service to run a joint workshop. A brand partnering with a content creator to grow their online presence and reach new audiences. The businesses you meet at a GFSB event might not look like obvious partners at first glance, but shared values and complementary strengths often matter more than being in the same sector.
3: Turn a conversation into a plan
A good conversation is only the starting point. At some point, someone has to send the follow-up email – don’t let things drift. If something clicks, do it quickly. Keep the first idea simple and clear: what are you doing together, who is responsible for what, and what are you trying to achieve? In a small, close-knit market, momentum matters. Clarity helps things move. Vague enthusiasm doesn’t.
4: Agree the basics early
Even among people who know each other well, it’s important to set expectations. Especially among people who know each other well, actually. If time, money or reputation are involved, put the key points in writing. It doesn’t need to be a 40-page contract. Just clear enough that both sides understand their role and nobody ends up surprised three months in. Good collaborations are built on trust. Clear agreements support that.
5: Launch it properly
When you bring a collaboration to life, make sure people know about it. All that effort deserves more than a single Instagram post at 11pm on a Tuesday. Coordinate how you communicate it. Share it across both audiences. Think about how you create visibility, whether that’s through social media, an event or a joint campaign. Word travels quickly here. A well-executed collaboration can reach further than you expect.
6: Plan Ahead
GFSB events give you access to the people, ideas and opportunities already around you. The key is recognising when there’s a fit and knowing how to take it forward.
OTHER
In an increasingly digital work environment where we have more emails, WhatsApp messages & interruptions than ever before, many business leaders started looking at ways of alleviating the stress that comes with this increased workload. Relaxing the dress code and letting your team dress down and wear in more casual clothing is one way of doing this….Or is it?
As the CEO of a specialist security business called Paladin Defence and close protection operative/ private security contractor, I have experienced security threats of all types since 1990. From opportunistic personal attacks to targeted organised commercial crime, I feel there is a lot more we should be doing to defend and protect ourselves. Understandably, Gibraltar is considered to have a relatively low crime rate; but what are the realistic threats and risks to small businesses in our corner of the Mediterranean?
The world of work is undergoing a significant transformation, driven by the accelerating capabilities of Generative AI. While robots taking over our jobs might be a sci-fi trope, AI’s ability to learn, create, and automate tasks is undeniably impacting various industries. Generative AI is the umbrella term used to describe the type of AI that can create new content and ideas. This can include text, images, music, code and other types of content. We are now seeing how powerful this tool can be. But is this a threat or a powerful tool waiting to be harnessed? We set out to find out, what does the use of Generative AI look like in Gibraltar?
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Business Plan Essentials
You have a brilliant idea. You can picture the logo, the customers, maybe even the first sale. But without a clear plan for how to get there, the idea risks staying exactly that - an idea. Starting a business without a plan is like setting off on a trip with no map. You might eventually arrive somewhere, but it is unlikely to be where you hoped. A business plan is not just paperwork. When written with care, it is a roadmap that guides every decision, a pitch that wins support, and a source of confidence on the days when challenges mount.
Eran Shay's journey is emblematic of the modern entrepreneur. A self-confessed ‘out-of-the-box’ thinker, he swapped a successful corporate career and a senior role at Deloitte to pursue his own projects and business opportunities.
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