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Entrepreneur Magazine South Africa

Entrepreneur Magazine South Africa May 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.

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South Africa
Entrepreneur Media S.A. Pty Ltd
Back issues only
R 32,99

in this issue

4 min
who is the leader in your organisation?

MANY FOUNDERS, CEOs and MDs think of themselves as the ‘leaders’ of their organisations. Truly great organisations however, understand that power lies within many leaders across the company. As Chris Zook and James Allen explain in their book, The Founder’s Mentality, a company of insurgents is a powerful thing. Michael Dell concurred when he talked about reviving Dell: “I want to create the conditions of the largest start-up in the world.” How? By empowering leaders across the organisation. There might only be one founder or one CEO, but that doesn’t mean there should only be one leader. Zook and Allen present the founder’s mentality as the foundation of success. It’s the mindset that allows businesses to adapt and thrive. Their core belief is that to win consistently outside the business, you must…

4 min
building your resilience

“You can control your actions, reactions and perceptions of the challenges you face. Meaning essentially, that you can control yourself and your efforts. Do this with excellence and you will automatically influence the people around you and the situations you find yourself in.” On Monday you wake up ready to take on the world. You’re focused, determined and business is doing well. Tuesday feels like you’re invincible and things could not be going any better. Wednesday, your world collapses. You doubt your ability to deliver to your clients. You wonder whether you should still pursue the same business. You think that quitting at this stage is easier than dealing with the ups and downs of entrepreneurship. And you are dramatically reminded that entrepreneurship is hard. Mix in human nature and it becomes borderline…

2 min
the constant pursuit of excellence

“Composition is important, light is everything.” In the fascinating short film Chasing Light with Panerai, Jason M. Peterson describes his search for the perfect shot, wearing the Luminor Due 3 Days Automatic (PAM674) on his wrist. One million followers savour Jason M. Peterson’s stunning black and white photography on his Instagram account. His love for what is classic and timeless and his obsessive attention to small details dovetail perfectly with Panerai’s brand values and aesthetics. His fascination for Light made him choose Luminor Due. LUMINOR DUE 3 DAYS AUTOMATIC ACCIAIO 45MM PAM00674 Originally created to be used deep underwater, Panerai watches are known for their unparalleled legibility and luminosity in the dark. Inspired by the constant pursuit of Innovation, Panerai reduces the thickness of one of its legendary watches, the Luminor 1950, while leaving…

6 min
8 proven habits for ultimate success

WE ARE THE RESULT of our repeated behaviour. Or as Aristotle put it, “Success is not an action, but a habit.” Here, top entrepreneurs and members of The Oracles weigh in on the one mental habit that drove their success and how to cultivate it in yourself. 1 VISUALISE YOUR GOALS Since I was an athlete in high school, I’ve envisioned my goals as if they were already happening. I’ve used this visualisation practice for decades now, and it’s supported my athletics career, my business achievements, and my current endeavour to make a massive global impact through the media. There’s no right or wrong way to visualise your goals. It’s a matter of setting time aside every morning or night to close your eyes and play a movie in your mind of what your…

8 min
master of storms

“In everything we do, across the organisation, we ask this question: Is it the best? That’s our value proposition. Without it, we don’t have a clear direction for everyone to follow.” PLAYER: Trevor Hill POSITION: Head of Audi South Africa VISIT: www.audi.co.za Some of the biggest brands in the world are well-known for keeping things lean. Amazon is a prime example, where even Amazon-branded employee backpacks are reused. Many bloated organisations learnt the hard way in 2008 that if you aren’t efficient and focused on the bottom-line, you’ll struggle to survive in competitive and volatile environments. On the other hand, businesses that were already lean and flexible not only survived the recession — many of them actually thrived, mainly because they were far better equipped to handle new economic realities than their competitors. According to…

4 min
the curious case of ai and legal liability

WHILE WE COULDN’T hope to provide an exhaustive analysis of the circumstances in which the use of artificial intelligence could result in legal liability, it is the intention of this article to provoke some thought about the way in which we integrate AI into our lives and, significantly, into our businesses. While South Africa lags behind the western world in terms of technology adoption and diffusion, it is without question a matter that warrants a good measure of foresight. This was made particularly relevant when Uber’s autonomous vehicle killed a pedestrian in the US earlier this year. Nowhere are these concerns around the intersection of artificial intelligence and legal liability more applicable. However, it bears mentioning that we have already been living with software systems which, to a greater or lesser degree,…