Five New Year’s resolutions for entrepreneurs
The number of unused gym contracts and abandoned diets by the first week of February is enough to make anybody cynical about new-year’s resolutions, but David Morobe, Business Partners regional manager, urges entrepreneurs to think differently about it. The lives of entrepreneurs differ from those of the employed in the sense that the work is […]
The 8 essential steps to building a winning company culture
Culture can make or break a company. It is incredibly important because it sets the tone for everything from how the early team interacts to the kinds of hires made to how customers are treated. One mistake can set you back months. On the other hand, you have the opportunity to set your company apart […]
Open communication can turn family into a valuable business asset
In a sense, almost all owner-managed businesses are family businesses. The fortunes of even those run by a single entrepreneur without the direct involvement of other family members are heavily influenced by what goes on at home. Such lone-operating business owners can turn their families into one of their greatest assets – a refuge of […]
Five strategies for generating consumer demand
Generating demand for your product requires much more than simply releasing it onto the market. You need to conduct research, determine what consumers’ needs are, establish yourself as a leader in your industry and repeatedly prove your products’ worth. Industry professionals recognise that before, during and after you introduce a new product, there is a […]
Six ways to delegate effectively
“The surest way for an executive to kill himself is to refuse to learn how, and when, and to whom to delegate work.” When you grow, you have to know when to let go. You have to know when to delegate down so you can rise up. I’ve learned that people will seldom let you […]
Six ways to delegate effectively
“The surest way for an executive to kill himself is to refuse to learn how, and when, and to whom to delegate work.” When you grow, you have to know when to let go. You have to know when to delegate down so you can rise up. I’ve learned that people will seldom let you […]
Four tips to improve your business
1. Drop some unprofitable products or services Drop some unprofitable sales channels. Entrepreneurs too often want to do more. But, time is limited. No matter how good you are, you can’t do it all! Especially for smaller companies, consider if your business engages in areas not justified by the financial or personal reward. 2. Add […]
Efficiency can lead to success
Organisations that approach things with order, common sense, consistency and persistence will ultimately succeed. If you are going to deliver on your promise you have to learn to listen to what and how you may deliver on your promise. Businesses are often consumed in their actions and forget to take time to evaluate their service […]
Any business owner can master successful networking
Here is some good news for business owners who are more comfortable with machines and production processes than with people: successful networking with people is every bit as systematic as networking with computers. “You don’t have to be Miss Congeniality to network successfully with potential clients, suppliers and business associates,” says Corene Marx, marketing manager […]
Build your own support network
The business support landscape in South Africa for young entrepreneurs is like the business world itself: it is teeming with opportunities, but you will have to seek them out yourself and build your own support network. Nobody is going to hand it to you on a silver platter. For decades, various spheres of government, corporates […]