This is a variation on our need to win. We need to win people's admiration. We need to let them know that we are at least their intellectual equal if not their superior. We need to be the smartest person in the room, the sharpest knife in the drawer. It usually backfires. Many of us…
Business owners, especially those just starting out, often make the mistake of getting caught up in the day-to-day operations of their business—the work of running the business so much so that they don’t take time to consider how the business runs. Your business and your life are two totally separate things. At its best, your…
Having attended a number of various meetings in the past of the two weeks, some long, others short, here are some of the short notes I made about meetings: 1. There are 2 types of meetings - decision-making and status update meetings. Both should be kept short and only include the relevant people. 2. Milestones:…
The following are some of the key highlights from the Governor of the Reserve Bank Ms Gill Marcus speech on the interest rate announcement: • Rand impacting on SARB's inflation forecast. 2014 forecast now above 6%. Domestic demand not driving inflation. • 2015 SARB inflation forecast at 5.9% • SARB concerned about the outlook of…
Startups are hot again. I have family members and friends asking if they can “get in on some deals,” every town is launching an incubator [or 3] and the papers are filled with stories of fund raisings, product launches and new innovation. If you are one of the anointed few who is getting the adoration…
If they say your idea sucks: - listen to the feedback; - take notes; - and ask for contact info; - Then go fix the problems, or come up with another idea; and - demonstrate you listened.
You will. The answer to the what if question is, you will. A better question might be, "after I fail, what then?" Well, if you've chosen well, after you fail you will be one step closer to succeeding, you will be wiser and stronger and you almost certainly will be more respected by all of…
So what happens when you launch your website, you start your business, you start your tribe, and no one cares. Nobody comes to your website, you get no customers, and your tribe is just you and you alone, what do you do then? I heard someone on the radio the other day, she is a…
Growing up, the word entrepreneurship was hardly used, it is one word that is more prominently used now than ever before. The difference between entrepreneurship and small business management is fairly silent. The two words are always used interchangeably. My intention is not go in detail into the meaning of each word, but to focus…
The more I think about this the more I'm convinced that whoever came up with concept of industrialisation, not only created employment which made a lot of people rich, but also created unemployment and poverty (you cannot create the concept of employment without creating unemployment by default) I believe that before industrialisation, (during the self-sufficient…
Business people are often inclined to defend their attitude towards the poor by quoting the following Chinese proverb: "Give a man a fish and he will eat for a day, but teach a man to fish and he will eat for a lifetime.' Those quoting this proverb are obviously not aware of the restrictive structural…
Money is important, cash is king, it keeps you in the game. But money is not the main reason entrepreneurs do what they do. Actually there are a lot of entrepreneurs who given their skills, experiences and qualifications can make a lot of money in the corporate sector, if it was about money they would…
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