Every day we work with entrepreneurs from start up businesses to growing businesses (annual revenues up to R100 million). These entrepreneurs operate in many industries and sectors, face all the challenges that you can possibly imagine and with us come up with ideas, answers and actions that are remarkable. At the same time, we see what other countries are doing to foster, support and develop entrepreneurs and often wonder what we as a country can do better. We share some of those views and insights with here. If you enjoy them, like us on Facebook, follow us on twitter, connect with us on LinkedIn and letâs build a dialogue to create a better environment.
At any point in time, your business operates in an environment in which forces are at play. These forces come and go and depending on what they are, they will impact your business. As an entrepreneur owning and running your business, you can make quick decisions to adapt to them. The trick however lies in [...]
Growing your business through outsourcing is a key entrepreneurial tactic and business strategy! This being the case, when, what and how do you outsource an activity?
A viable entrepreneurial career can be found in spotting small businesses with potential, buying them and flipping them for a small fortune. Flipping them? Yes, a term used for buying or building with a view to selling! The first is hard to get right, the next equally hard and then, it gets a little easier [...]
Whatâs in a number? A shape, weight, age, time, an angle and for your business, its ultimate monetary value. How we get to this value is interesting and varied as Bruce and I discussed during the Money Show on Talk Radio 702 and 567 Cape talk last week. As entrepreneurs, we value what we have [...]
The fact that you may not be aware of it doesn’t mean that you just fatefully fall into your future; be it good or bad. Thatâs not to say that luck doesn’t play a role although there are many who believe…
Is it a vision that we have for the business; our passion that drives the business or do we have to transcend the limits of our personal ego and psychology to serve something greater than ourselves as entrepreneurs?
Being entrepreneurial means building a business on entrepreneurial principles and this is rooted in the idea of value creation.
Through Talk Radio 702 and 567 Cape Talk we select businesses that make for the most intriguing, insightful, interesting and bold stories about their owners, the businesses they built and what they could do to get to the next level.
Who wants to do it? Itâs hard, itâs heartless, itâs exhausting and its hits to the very core of our self-esteem. Cold calling is horrible.
South Africaâs remaining mineral resources are estimated at plus US$2 500 000 000 000. Thatâs about R20 000 000 000 000 in case you were wondering.
Marketing is such an awkward spend. Itâs hard to get right. There are so many tactics that you can deploy and they are mostly expensive.
Services business struggle to get to size. Many remain small. They are popular since all you need to start one is skill, a connection to get your first client and a favourable payment timeline.
We need big business customers to help stabilise our cash flows and to provide enough cash flow momentum to help us grow our businesses.
Value propositions are key to ensuring that entrepreneurs maximize their business performance.
There is nothing more disastrous for and entrepreneur to, after 10, 15, 20 or more years to find themselves in a position where the business that they built cannot be sold.
I was surprised at the extent of negotiation that I as an entrepreneur get involved in. Itâs a fundamental part of being an entrepreneur. You negotiate everything from suppliers, customers, staff, family, life.
Last week Thursday on the Money Show on 702 Talk Radio and 567 Cape Talk, Bruce Whitfield and I spoke about business models. What are they, how to build one and most importantly, why they are better for raising entrepreneurial finance than the horrible, dreaded business plan. Dreaded for entrepreneurs to write and dreaded for [...]
Last week Thursday on the Money Show on 702 Talk Radio and 567 Cape Talk, Bruce Whitfield and I spoke about some of the behaviours and experiences of being an entrepreneur that you donât think about when you are employed…or unemployed! In fact, many entrepreneurs donât think about them as entrepreneurs either. Time Time warps. [...]
Last week Thursday on the Money Show on 702 Talk Radio and 567 Cape Talk, Bruce Whitfield and I spoke about the persistent problem of securing business funding. You have a dream; of course you do since you are an entrepreneur. You love your dream, itâs part of you; it is you in many ways. [...]
Last week Thursday on the Money Show on 702 Talk Radio and 567 Cape Talk, Bruce Whitfield and I spoke about Sanyati, the black-owned construction company that was going into liquidation on that Friday. What happened and more importantly how can you as an entrepreneur or business owner prevent the same fate. A few basics [...]
This week on The Money Show, Bruce and I spoke about the difference between entrepreneurs and business owners. The difference in mind-set, actions and decisions that we take as business owners and entrepreneurs is vast.
To be a survivalist business or notâŚâŚNot! This week on The Money Show, Bruce and I spoke about survivalist entrepreneurs. What does it mean, where are they and most importantly, is, being a survivalist entrepreneur an acceptable option for an entrepreneur? So, all definitions are tricky. Often a good way to understand something is to [...]
The wisdom of the Coffee Creamer advert comes to mind with âitâs not inside, itâs on topâ and that is fundamentally what this topic is all about! When we as entrepreneurs start our businesses, mostly itâs just us and perhaps one or two others if we are lucky. We work hard at growing ourcompany;we do [...]
Youâve got a cute little shop. You donât do too badly and have a reasonably loyal customer base. Are you ready for that next step? Do you see yourself sipping champagne and being toasted as the next South African Retail Billionaire?
In order to first say how this good fellow died âŚ we have to look at who he actually is. Back in the day, there was the carpenter and he would design the cabinet and he would design and build it for you, these days you get a company like IKEA and you can buy [...]
At some point or another as an entrepreneur you are going to need to or want to exit your business. With less than 1% of all businesses started being sold, many entrepreneurâs donât have the luxury of exiting gracefully.
Partnerships can either make or break a company and sometimes the necessity to âgo it aloneâ isnât the best way to grow your business. Bringing on a partner could add an interesting dynamic and give your business the edge in a very competitive market.
Last night on âThe Money Showâ on Talk Radio 702 and Cape Talk 567, Bruce Whitfield and I chatted about âSalesâ and the challenges that you need to overcome.
Bruce Whitfield and I discussed the activity âCrowd Funding/Sourcingâ on Thursday (26/04/2012) evening, during The Money Show on Talk Radio 702 and Cape Talk 567.
On âThe Money Showâ on Talk Radio 702 and 567Cape Talk last night, Pavlo spoke to Bruce Whitfield about the purpose of being an entrepreneurâŚ..to build a business into an âAsset of Valueâ!!!
Last night on The Money Show on Talk Radio 702 and 567Cape Talk, Pavlo spoke to Mike Wills about 3 entrepreneur symptoms that most entrepreneurs suffer from at some point in time.
Pavlo and Bruce discussed the âSeven types of Entrepreneursâ most often seen in South Africa during Thursday nightâs âThe Money Showâ on Talk Radio 702 and 567 Cape Talk.
So thereâs a recession and itâs the beginning of the year and one of your new yearâs resolutions (again!) is to start your own business. Is that a good or bad idea in a recession? Well, here are a few reasons why it’s a very good idea and what you have to look out for. [...]
Well thanks for this platform Iâll be using it a lot….Iâm a bit of an inventor or letâs say I have all these business ideas and mostly I used to suggest them to previous companies I worked for….like DSTV, Discovery and those ideas are still in place and these companies…Now I really got nothing out [...]