Benefits of buying an existing business

Want your own business? Should you buy an existing business? What are the benefits of buying a running concern? Within a few years of starting up, the majority of small businesses have closed for one reason or another. Buying a well-established existing business gives the buyer some assurance they’re buying a tried and tested business model that works. And when […]

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Pay it Forward or Karma?

Every business should Pay it Forward Inspired by the novel, “Pay it Forward” which was authored by Catherine Ryan Hyde, and the 2000 movie – Pay it Forward Day began in Australia in 2007. The day’s concept is to help others. And instead of expecting something in return, you ask the recipients to pass the kindness on to other people […]

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WEF 2014 report: Top 10 Global trends

The Top 10 trends in the Outlook on the Global Agenda for 2014 are: 1)     Societal tension in the Middle East and North Africa: war in Syria, political instability and unemployment in North Africa. 2)     Widening income gap: ramifications for health, education and social mobility across all regions of the world. 3)     Structural unemployment: a global issue demanding a global […]

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Nature or nurture? Born an entrepreneur? (E&Y report)

Entrepreneurs may be made rather than born, but research has found that entrepreneurs will typically exhibit a combination of behaviours and attitudes. With entrepreneurship seen as a major source of economic growth and job creation, the question remains: what makes up an entrepreneurial mindset? This question is echoed in major corporate boardrooms, with many chief executives keen to encourage internal […]

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Keller Who? Why – Keller Williams of course! Now in SA

Keller Williams® Realty, Inc. (KWRI) is an international real estate franchise company with more than 90 000 real estate agents across the world – currently the LARGEST residential real estate company in North America (USA & Canada) Keller Williams Realty (KWSA) launched in SOUTH AFRICA at the beginning of 2013 During September 2013, I had the privilege to attend a […]

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Do business like a Titan – or start looking for a job

On 19 June 2013 I was honoured to be the guest speaker at a Centurion Business Forum function. The function was professionally hosted by the Northerns Cricket Union at SuperSport Park in Centurion. (Thanks to CEO Jacques Faul and Marketing & Events Manager Patricia Kambarami) With a number of Titan players and seasoned business owners in the audience, I had […]

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Turn complainers into satisfied customers

It is inevitable that someone will complain. So when they do: Immediately acknowledge their concern; don’t dismiss it. Don’t get too hot under the collar. Rather, thank them for taking the time to point out the problems they’ve experienced and really listen to what they’re saying. The right kind of complaints are actually good for you. Through them, you may […]

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Does your ad comply to the AIDA principle?

The most important aspect of any business is selling the product or service.  Without sales, no business can exist for very long. All sales begin with some form of advertising.  To build sales, this advertising must be seen or heard by potential buyers, and cause them to react to the advertising in some way.  The credit for the success, or […]

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Clueless about business? No doubt…

Business License Bill shows dti’s lack of understanding of entrepreneurship. “CLUELESS ABOUT REALITY“ Author: Ryk van Niekerk (Moneyweb’s managing editor) 30 April 2013 “Trade and Industry Minister Rob Davies is out of touch with the reality of entrepreneurship. The proof: the newly proposed Business Licensing Bill. The Bill underlines the lack of understanding of the challenges small and medium sized businesses […]

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Become intimate with your customers

Yes, INTIMATE. Collect the names, email addresses, and phone numbers of your current and prospective customers and communicate with them regularly.  Your mailing list, or customer database, is your biggest source of lifetime profits.  I don’t know why, but 90% of businesses never bother to keep track of their loyal customers, let alone any prospects! Here’s why you should keep […]

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