Inventive entrepreneur awarded Small Entrepreneur of the Year® award
Bryan Anderson, co-owner of Delta Steam Systems and the creator of the revolutionary Delta Venturi steam trap system, has been awarded the Small Business Entrepreneur of the Year® title at the annual 2015 Sanlam / Business Partners Entrepreneur of the Year® awards ceremony, held in Johannesburg this morning. The Delta Venturi steam trap system, which […]
Mastering the art of saving for a rainy day
July marks Savings Month, an initiative launched by the South African Savings Institute (SASI) to secure sustainable growth in South Africa, driven by a vibrant savings culture and financially aware population. While this strategy is largely focused at consumers, this year’s theme of “Promoting a Savings Culture” also needs to be instilled into entrepreneurs. Generally […]
Good marketing leads to sales
Article written by Jannie Rossouw, Head: Sanlam Business Market In order to properly address this subject, we first need to understand the difference between marketing and sales. Marketing drives the demand for a product or service; Sales fulfil the demand and create relationships with clients. The recommended basic elements of every marketing mix are as […]
What measures need to be taken to improve entrepreneurship levels in South Africa?
The latest South Africa Global Entrepreneurship Monitor (GEM) 2014 revealed that entrepreneurial activity in South Africa is not sufficient, and is not in line with other sub-Saharan African (SSA) countries, nor the rest of the world – despite the level of activity increasing marginally over the last 10 years. While the country has a good […]
How to meet the expectations of your target market
Article written by Jannie Rossouw, Head: Sanlam Business Market “Exceed your customer’s expectations. If you do, they’ll come back over and over. Give them what they want – and a little more.” – Sam Walton. (Sam Walton was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam’s Club.) I am […]
21 years of entrepreneurial growth in SA
Christo Botes, spokesperson of the 2015 Sanlam / Business Partners Entrepreneur of the Year® competition, provides insight into how entrepreneurial activity has evolved over the last two decades in South Africa. South Africa celebrates 21 years of democracy on 27 May 2015 – Freedom Day – which represents the liberty for individuals to follow the […]
21 years of entrepreneurial growth in South Africa
Freedom represents the liberty to follow the path one chooses, which includes an individual’s career path. Entrepreneurship is one such path, and since the first democratic election in 1994, South Africa has witnessed the rise of small businesses. This is according to Christo Botes, spokesperson of the 2015 Sanlam / Business Partners Entrepreneur of the […]
Local entrepreneurs to grab ecommerce opportunities
Technological advancements have changed the way in which the South African business landscape operates, and this is increasingly leading to many opportunities for local entrepreneurs and businesses. One such advancement stemming from the evolution of the internet is the rise of eCommerce – a platform used to market, promote, sell and buy goods and services […]
The value of reflection to improve business results
Article written by Jannie Rossouw, Head: Sanlam Business Market “Without reflection, we go blindly on our way, creating more unintended consequences, and failing to achieve anything useful.” (Margaret J. Wheatley – American writer and management consultant who studies organisational behaviour) These are very sobering words and make us realise that we might be chasing the […]
Do you know where to allocate business resources?
Article written by Jannie Rossouw, Head: Sanlam Business Market It is said that something well planned is 50% done. If this holds true, then I wonder why so many of us do not make an effort to plan our business activities in advance. To my mind there are numerous reasons why continuous business planning is […]