Your Startup Dream should focus on Time

Time is King. The nonsense you and I grew up with telling us that Cash is King is worthless. If you don’t have time, what will a large bank account mean. Cash is only King because cash buys you time. And Time is King because time can do whatever it wants, whenever it wants, and

7 Side-Hustle Ideas for Entrepreneurs Over the Age of 55

It’s possible to be a successful entrepreneur at any age. However, starting a side-business as you near retirement has unique advantages, including your years of experience, extensive professional network, and (upcoming) schedule flexibility. One thing you will have available when you retire is more time. Why not use it to make an extra income? Here

Perhaps it is Time for a New Type of Business Plan?

Lately, I’ve been rethinking Business Plans. On the one hand – in the consulting, finance, investor and academic world – what is meant by a Business Plan is a fairly comprehensive research project. It includes a thorough analysis of issues including customers, markets, competitors, pricing, marketing strategies, risks, which is always followed with detailed multi-paged

10 Reasons Why Customers aren’t Buying from You

Let’s face it. Running a new business is extremely challenging. It would help if you had every opportunity to attract potential customers to your business. However, for some unknown reason, customers are just not buying from you. Why? Here are the ten most likely reason potential customer are not buying your products or services: 1.

Love Your Competitors!

Although most entrepreneurs dream of having a market all to themselves, it has been shown that you’re probably better off with having some kind of competition. People usually think that with no competition the entire market for their product or service will be theirs. If nobody is competing in your space, it’s probably safe to

Cultivating Entrepreneurship Amongst Children

Colour inside the lines, use your inside voice, always ask for permission, don’t talk to strangers, don’t talk when the grownups are talking, wait your turn in line. The list goes on and on of what children are told to do while growing up. Unfortunately, children are consistently hearing messages at a young age that

8 Books on Word-of-Mouth Marketing You Need to Read

Word of mouth marketing is the oldest, most cost-efficient, and most effective way to create customers and grow any business. Research shows that word of mouth remains the most likely way that consumers make purchase decisions, and that effect is even stronger among younger consumers. Despite its importance, word of mouth is somewhat under-represented in

Funding the South African SME

In having dealt with thousands of start-ups over the last decade, one of the most contentious and challenges issues to any SME is arguably Access to/the Lack of Access to Funding. Read More: Here’s why investors won’t take another look at your Business Plan Here are a few truths and opinions regarding the Funding Landscape

12 Reasons to Start a Blog for your Business

Have you not yet launched a blog for your business? What are you waiting for? If it’s justification you need, then look no further. If you run a small business, chances are you are wondering if blogging is worth the time and effort. The short answer is a resounding YES! Blogging on a frequent basis is

Become Part of the Freelance Economy and Earn Money

The freelance economy, also known as the gig economy, revolves around hiring self-employed workers to undertake specific jobs in return for an agreed upon payment. Freelancers are the individuals who can be hired for such temporary work. They may find jobs through temporary staffing agencies or through freelance-specific websites such as Upwork. The internet has created the current