The latest news and press releases at Aurik Investment Holdings.
Everyone is no doubt familiar with the saying that it takes all sorts to make this world. So too, it takes all sorts to make a business function the way entrepreneurs dreamt it would. In the same way that a person is more interested in being an entrepreneur rather than being an employee, other people are more interested in other vocations.
â€śAre you building a business you can actually sell?â€ť is a question Pavlo Phitidis from small business accelerator Aurik is consistently asking his entrepreneurs.
For the past three years, green mobility solutions provider Fly Brother SA had an annual turnover of about R200000. So far this year, it has more than tripled this. Owner Sandile Zwane is an aeronautical engineer but he says the reasons behind the dramatic turnaround do not amount to rocket science
Entrepreneurship is about creating value. The time, effort and money spent on starting and growing a business must be driven by the eventual sale of the enterprise.
Building the foundations of a successful business is similar to building the foundations of a house. Whether you are building a home or a business, what you lay down at the very beginning will determine whether the fruits of your labour will be deliciously sweet or decidedly sour.
While recent price-fixing articles in the local media have been about overseas companies engaged in anti-competitive behaviour, it would be pertinent once again to revisit the issue of price-fixing in this country.
Established early-stage growth companies are due to receive a funding boost following news that Aurik Investment Holdings (Pty) Ltd has secured access to a R100 million funding pool.
Government needs to develop a more favourable environment for start-up and early-stage entrepreneurial companies to grow and provide a solution to unemployment by providing angel investors with tax incentives
I have been meaning to blog on this subject for a while now but have always found myself being side-tracked. Fortunately Chris over at the iMod blog indirectly hit on the subject and I’ve decided it is now time to sit down and write it.
Counting on old corporate favourites to generate hundreds of thousands of jobs is myopic. The world has changed, with two to four years of jobless growth ahead for SA, and this dependence demonstrates a lack of imagination coupled with obvious desperation.