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Entrepreneur Magazine South AfricaEntrepreneur Magazine South Africa

Entrepreneur Magazine South Africa September 2018

Entrepreneur Magazine South Africa is an award-winning publication that offers easy to implement, powerful tactics, new ideas, expert advice and inspirational stories about entrepreneurs who are taking their businesses to the next level.

Pays:
South Africa
Langue:
English
Éditeur:
Entrepreneur Media S.A. Pty Ltd
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secrets of scale

ONE OF THE AREAS we consistently cover in each issue of Entrepreneur is growth: What does it mean, what are the secrets of scale, and how do you take your business from R10 million to R50 million to R200 million and beyond? There are so many elements to this question, beginning with fostering a growth mindset and upskilling yourself as an entrepreneur and business leader, to laying the right foundations for a scalable business. In response to these challenges, throughout June of this year, Matt Brown Media hosted a series of events, coined Secrets of Scale, that focused on different aspects of scale. As the editor of a business magazine, it was a topic close to my heart and I found it fascinating how many different perspectives there are around this one key…

access_time8 min.
reengineering performance

“The most disruptive times force us to take an honest look at ourselves and reconsider what we need to change to survive. Those that do not adapt often die.” There are a lot of reasons why more than half of the Fortune 500 companies from the year 2000 no longer exist today, but one of the most important is that their decline is simply indicative of disruptive times. In disruptive times we experience changes in the workplace that fundamentally shake up and change how we do business. The most disruptive times force us to take an honest look at ourselves and reconsider what we need to change to survive. Those that do not adapt often die. But it’s also true that in moments like these industries, societies and cultures move forward. IN-TUNE WITH…

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live like a hero

“Do our heroes fall from grace? Sometimes. However, what makes them a hero is that they fight and crawl their way back to the top. You aren’t a hero because you were once great. You are a hero because you continually strive to be great.” I am a big Batman fan. The 2008 film, The Dark Knight, gave us an iconic line. In it Harvey Dent, who later becomes Two Face, says, “You either die a hero, or you live long enough to see yourself become the villain.” It’s a cutting view of a fall from grace: How our heroes often become vilified through their actions or our perceptions of them. But I would like to suggest a different context for this quote. As an entrepreneur, you must develop certain qualities and characteristics…

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attracting success

FROM THE TEACHINGS of Buddha to the concept of karma, the Law of Attraction has been expressed in many ways by both ancient and contemporary thinkers. In its most simplistic interpretation, the Law of Attraction states that ‘like attracts like’. Your ability to Magnetiize exists whether you are aware of it or not, whether you are positive or negative. You make daily decisions to choose whether you want to attract success or failure (however you define them), whether you want to live a more conscious, elegant and curious life or whether you want to keep your head down and stick to the old rules. We are constantly Magnetiizing in every aspect of our lives, whether we’re running a business, interacting with friends or simply walking into a room. Changing how you do…

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the 5-hour rule used by bill gates, jack ma and elon musk

YOU JUST WALKED in the door from an exhausting day at work. You’re hungry and spent, just wanting to catch your breath for a minute. You grab something to eat and then veg out in front of the TV. While that’s okay occasionally — we all need ways to decompress and shut down — this isn’t a healthy habit. That’s why the most successful people in the world spend their free time learning. It’s not exactly breaking news. During his five-year study of more than 200 self-made millionaires, Thomas Corley found that they don’t watch TV. Instead, an impressive 86% claimed they read — but not just for fun. What’s more, 63% indicated they listened to audiobooks during their morning commute. Maybe you’re thinking: Who has the time to sit down and actually…

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how investors choose who to invest in

THE HYPOTHESIS of my book Lose the Business Plan was that great businesses are not determined by Excel spreadsheets and the all too predictable J-curve, but rather by the entrepreneur or entrepreneurial team and their ability to see opportunity, navigate obstacles and make things happen. The truth is that entrepreneurs focus on the wrong side of the coin when meeting with an investor. They focus on the deep detail of the business plan and concentrate on justifying assumptions, predicting and overcoming objections, and emphasising market potential. Yet it’s my experience that the real decision on whether or not to invest in a company is more heavily weighted towards the entrepreneur or team rather than the business plan itself. Once the ‘numbers’ stack (in other words, the business model makes sense) and the…

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