Second Time Around: Australia’s IP Wealth Lands in the BRW Fast 100 for 2009

Queensland, Australia, November 26, 2009 --(PR.com)-- IP Wealth was doing just fine as it was about two years ago, but founder and Managing Director Michael Beverley wanted to achieve more. He wanted his company to achieve more goals, more success and have a stronger, more focused team.

IP Wealth had been in business for about two years, and thought a Business Coach could benefit the company. He hired ActionCOACH Business Coach Wez Hone, and it proved to be a wise decision – IP Wealth made the BRW Fast 100 list, Australia’s yearly list of its fastest growing companies, for the second year in a row.

IP Wealth is Australia’s most dynamic intellectual property services provider specializing in the areas of trademarks, designs, IP audits, diagnostics and IP education. Founded in 2004, the company deserves to be on the list. Last year it made the list as a fast-growing start-up under four years old.

“The growth in the company since I started coaching them has been just over 32 percent,” Hone said. “This is during a time when most global businesses went backwards.”

“Over the time that Michael and I have worked together, we have invested a lot of time in getting the right model of how best to structure the attorneys and bring a dynamic flavor to an industry full of dinosaurs,” Hone added. “Being a ‘Generation Y’ team of attorneys has been exciting to keep them engaged and motivated and watch them become leaders in their industry.”

Hone helped establish daily KPIs, or goals, for each attorney to increase accountability and systemize operations. “Each attorney has a number of daily KPIs that get forwarded to both Michael and me, as the coach, each afternoon. The increased accountability has ensured a winning team and great environment.”

Besides making the company a more cohesive team that achieves great successes, Hone’s coaching has allowed Beverley the freedom to pursue his other passions. By employing Hone’s strategies, Beverley is able to work on, not in, the business.

Hone has succeeded in coaching IP Wealth to become an intellectual property solutions company for businesses, providing answers in a strategic, timely manner, along with great customer service. This has led hundreds of CEOs in Australia and internationally to partner with the company.

“The next stage for Michael and IP Wealth is to increase the number of attorneys nationally by opening additional offices around the country,” Hone said. “Michael really enjoys the accountability of having me as his coach and knows that there is nothing that he will get away with, ensuring he does his very best work.”

Along with being listed in the 2008 and 2009 BRW Fast 100, IP Wealth was also been recognized in the Queensland 400 for 2008 - Queensland's Top Performing Private Companies, by Queensland Business Review.

In addition, Beverley was a finalist for the Gold Coast Business News Young Entrepreneur of the Year Award in 2008. Other finalists included big name Gold Coast Businesses – Zaraffa's Coffee founder and Master Franchisor Kenton Campbell, who won the award, Michael Kljaic of MKM Group of Companies and Rob Hynes of Hynes Lawyers.

ActionCOACH is the world’s number one business coaching and executive coaching firm, with more than 1,000 offices in 26 countries. To learn more, go to actioncoach.com.

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