skip to main content
Business IQ

Michael Snare's 3 tips for business success

Smarter Writer
Smarter Team

The Smarter Team is made up of business and technology journalists who write to offer insights to small and medium businesses about technology, business know-how and emerging trends.

Smarter Writer
Smarter Team

The Smarter Team is made up of business and technology journalists who write to offer insights to small and medium businesses about technology, business know-how and emerging trends.

When Michael Snare launched Point Project Management (PPM) with business partner Brendan Bilston in 2006, it was a calculated risk.

Snare borrowed from his parents to cover cash flow for the first few months. He set about creating a company that in its first six years grew from one employee to 80, working from multiple offices. PPM managed projects annually worth billions of dollars for clients including the Department of Defence and Qantas. Under Snare’s watch PPM grew to become one of the largest specialist project management consultancies in Australasia with eight offices and an annual turnover exceeding $50 million. 

construction vehicle

Snare believes the following points are crucial:    

  1. Put structures and systems in place behind the scenes that allow things to run seamlessly. “For us, this stems from having a board of directors, through to executive management, senior management and our innovations committee,” he previously said about PPM.
  2. “Initially it was just Brendan and I bouncing ideas off each other. We now seek advice from third parties, such as industry peers, legal advisers or accountants.”
  3. Provide a workplace where staff can grow, be nurtured, and be unthreatened to achieve their maximum potential.
"There was a period when we didn’t make money. That all turned around when we won the Telstra Business Award. Six months prior to that we’d only taken on one new client, and three months after the Awards, we’d almost doubled our client base."

- MICHAEL SNARE, POINT PROJECT MANAGEMENT

Cloud Convenienceconvenience

Snare believes that the effective use of technology in business is crucial, while harnessing the latest communications and business tech was key to the company’s success. PPM was an early adopter of smartphones for all staff, and quickly began to use cloud computing to let people work their own hours from a location of their choice.

Of course, industry validation in the form of a high-profile award from the Telstra Business Awards has also helpedlike the Telstra Business Award also helped.

A new beginning

In 2014 PPM was acquired by the London Stock Exchange and FTSE 250 listed company, RPS Group. In the same year Snare was recognised as the Australian Institute of Management Owner Manager of the Year for his business achievements with the company. He is now Managing Director of Arrow Projects, a dynamic and innovative Indigenous enterprise that delivers project management services to private and government clients.    

Your one-stop shop for better business

Discover resources, reports and insights to help you achieve your goals.

Find out moreYour one-stop shop for better business

Tech
Tech
Why and how to use the 3-2-1 strategy for data back-ups

Have you ever lost a digital file worth hours of work because of a program crashing or something going wrong with your computer? Or been a victim of ransomware, where hackers b...

Business IQ
Business IQ
Freelance Virtual Conference: 5 key cyber security takeaways

Freelance Australia recently held the 2021 virtual Freelance Essentials Conference to help freelancers and small businesses learn the ins and outs of running a freelancing ente...

Business IQ
Business IQ
4 steps to take if you've been targeted by online crime

Being the target of a cyber attack can be frustrating, expensive and confusing. But with some preparation, your business can respond – and recover – quickly.

Business IQ
Business IQ
5 free steps to become a secure small biz

Late nights, early mornings, and working over weekends; familiar phrases for the small business owner, solo operator, and freelancer. So why should such a busy person cut into ...