Top business tips for 2014

Our 2013 Sanlam / Business Partners Entrepreneur of the Year® winners share their top business tips

Education is an on-going process and according to Christo Botes, spokesperson for the Sanlam / Business Partners Entrepreneur of the Year® competition, this is especially true for entrepreneurs, who are faced with new challenges on a daily basis. He says that seeking guidance from fellow entrepreneurs is vital for both the business’s and entrepreneur’s growth.

Botes says that a successful entrepreneur should never stop investing in the most powerful, trusted and best business tool at their disposal – themselves. “Running a business can be challenging and it takes hard work and perseverance to achieve success. However, by continuously networking and seeking guidance and advice from fellow seasoned entrepreneurs, one can obtain valuable advice from those who have walked, or are walking, a similar path.”

The 2013 Sanlam / Business Partners Entrepreneur of the Year® winners share their best business tips for entrepreneurial success in 2014 with local entrepreneurs:

2013 Small Business Entrepreneur of the Year® and co-founder of The Daily Buzz, Chris Brown:

Employees are a key asset to the success of any business. Ensure you put the correct people in the correct positions and look after them accordingly, as they will then in return take care of your business.

Anton Rossouw, owner of Life Path Health and 2013 Medium Entrepreneur of the Year®:

Conduct a detailed and thorough viability study and research financial projections. Identifying project scenarios will allow business owners to plan for the worst case scenario. While it may never play out in practice, having done these forecasts will proactively prepare the business for the future and will assist in recognising and dealing with any pitfalls that may come about in the future.

Margaret Hirsch, owner of appliance chain group Hirsch’s and the winner of the 2013 Lifetime Achievement award:

Master your trade. Instead of being an all-rounder, find your niche and become the expert that everyone needs – specialised skills are in high demand, so rather remain focused and become a specialist in a specific trade.

Jonathan Pepler, owner of Silverline Group and winner of the 2013 Emerging Entrepreneur of the Year® award:

Develop a strong business plan. The key to any successful business is to create a firm foundation, which can be achieved by establishing a concrete business strategy. Business owners must have a realistic strategy and action plan with set timelines in place. This will assist entrepreneurs in staying focused on what they want to achieve, when they want to achieve it and provide guidelines on how they going to achieve it.

Tommy Makhatho, owner BiBi Cash ‘n Carry and overall winner of Sanlam / Business Partners Entrepreneur of the Year® and Job Creator of the Year:

Do not go into business for the sake of money. Business owners should focus on creating wealth that will be built over time. The value in business is not what you get every day, but what you are investing over time.

Botes adds that whether entrepreneurs are already in business, or looking to start a business, it is beneficial to continually network with fellow entrepreneurs. “Top entrepreneurs attend networking seminars and workshops, even if they feel they have already ‘mastered’ the subject. They do this because they realise that the key to being a successful entrepreneur is on-going learning and networking with fellow entrepreneurs, which provides a great opportunity to learn the secrets of success from other established business owners.”

Coffee gurus claim Small Business Entrepreneur of the Year® award


Andrew and Chris Brown, co-founders of The Daily Buzz, an upmarket and speciality chain of coffee bars which service the corporate workplace, was awarded the 2013 Small Business Entrepreneur of the Year® title in the annual Sanlam / Business Partners Entrepreneur of the Year® Competition, which was held in Johannesburg on Wednesday, 4 September 2013.

The Daily Buzz was established in 2006 by brothers, Andrew and Chris Brown, after Andrew spotted a gap in the market for a superior, and easily accessible, coffee spot while working as a risk professional in Johannesburg. The idea to provide quality coffee in such a way that allowed employees to return to their workstations quickly and efficiently was then born.

As part of the start-up plan, Chris trained at the London School of Coffee, as well as other institutes situated in Italy, the United States and Africa in order to perfect the art of delivering a premium coffee experience.

Over the years The Daily Buzz has successfully secured a niche in the market by providing a trendy and convenient spot for employees in corporate buildings to enjoy quality and competitively-priced speciality coffee and fresh food. Another aspect which sets the business apart from its competitors is its on-going skills development programmes and training which is provided to all staff on a frequent basis to ensure exceptional service and product expertise.

Since opening their first coffee bar in the Standard Bank headquarters in Johannesburg with just two employees in 2006, The Daily Buzz has grown to seven outlets and employs approximately 60 people.

Andrew Brown says that it is a great honour for him, and the business, to be recognised by Sanlam / Business Partners Entrepreneur of the Year®. “As entrepreneurs we so often achieve a goal only to replace it with a new goal and neglect to take stock and recognise how far we have come, and how successful our business has become.

“This award is recognition for our business’s success, and provides us with an opportunity to sit back for a brief moment and acknowledge our achievements.”

With five fellow finalists recognised in the small business category, Andrew and Chris were awarded the title as they perfected a simple product, added to it a healthy dose of service, and created a brand which is highly sought after, says Stefan Beyers, a member of the 2013 Sanlam / Business Partners Entrepreneur of the Year® judging panel. “Ultimately what made The Daily Buzz stand out was the combination of a high quality product and a determined focus on customer service and experience.”

Andrew Brown believes that entrepreneurs play a valuable role in the economy by creating sustainable businesses and much needed employment. “Entrepreneurs take risks by converting ideas into a tangible business and by doing so create great value for the economy by providing employment and up-skilling opportunities for employees. At the same time they also create value for customers by providing a new or better service than what existed before an entrepreneur’s business was born,” concludes Brown.

For more information on The Daily Buzz, please visit their website