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Entrepreneur Magazine South Africa

Entrepreneur Magazine South Africa July 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

3 min
the founder’s mindset

IF YOU’RE planning on building a high-growth business, the chances of your success start with you and your mental fitness for the role. Hundreds of books have been written about the importance of mental resilience when it comes to building a business — any business. High-impact growth companies require even more focus. Founders who want to spearhead this type of growth need to work on themselves first, as it will be their ability to lead that will ultimately determine the company’s success at scaling up or failure. I recently attended a series of events hosted by the Matt Brown Show that explained the secrets of scale. Here are four clear lessons that emerged. 1. Have an ‘attitude of abundance’ “The founders and CEOs of businesses are the visionaries. They are the fuel in…

7 min
write your own story

PLAYER: Siyanda Dlamini PROJECT: The Regency Apartment Hotel Menlyn LAUNCHED: 2018 THE ENTREPRENEURIAL JOURNEY Siyanda Dlamini is the proud owner of the recently launched hotel management company that owns the Regency Apartment Hotel in Menlyn. Thanks to focus, hard work and commitment, he’s built a career from the ground up that has culminated in his first move into entrepreneurship. I’ve always taken everything I do seriously, but I don’t take myself seriously. I think there’s an important distinction. You need to give everything your all, but if it doesn’t work, laugh at yourself, learn from your mistakes, and move on. Ever since the catering club in Alexandra High School in Pietermaritzburg, I’ve taken things seriously. I treated it like a real job, and that degree of dedication shaped my life. By the time I was 15…

1 min
prioritise your money hours

Chet Holmes, author of The Ultimate Sales Machine, has one core piece of advice for making the most of your time: Every day, make a list of the six most important things you need to accomplish. These are your top priorities. They are your eagles. They are your most strategic tasks. Choose important over urgent Pigeons on the other hand are tasks that are urgent that may or may not be important. Here’s the problem. If you let pigeons monopolise your day, you will never get around to your eagles, and it’s your eagles that will drive the needle forward, growing your business.…

4 min
6 habits long-time millionaires rely on to stay rich

TO TAKE that idea one step further, once someone has become successful, how do they stay successful? Here, I’d like to take a slightly longer-sighted look at the habits of millionaires, focusing not just on the habits that make them successful but the ones that help them stay successful over time. By cultivating these habits in your own life, you’ll be investing in your own sustained success over time. Here are six habits of longtime millionaires: 1. WAKING UP EARLY. What do lifestyle queen Oprah Winfrey, Virgin Group founder Richard Branson, Twitter co-founder Jack Dorsey and Apple CEO Tim Cook have in common? They’re all up at or before 5am on a regular basis. Driven people tend to wake up early. Since their days are packed with work and decisions, an early rise…

2 min
firing up the east

PLAYER: Carlos Duarte FRANCHISE: Nando’s POSITION: Franchisee VISIT: www.nandos.co.za Q What were you doing before becoming a franchisee? I was in the audio visual technology field, as an employee. Then I joined Nando’s as an assistant manager in the Savoy and Rosettenville corporate stores. Franchising was my first experience of entrepreneurship. Q Why did you decide to become a franchisee? When my brother, Fernando Duarte, launched Nando’s in 1987, I noticed its quick growth and wanted in on the action. Being assistant store manager prepared me for when the opportunity to run my own store came along soon after. Q What prompted you to partner with Nando’s? I joined Nando’s in 1991 as a joint venture partner. At the time, Nando’s hadn’t yet franchised its operations, and the JV partnership meant the brand owned 51% of the business, while…

4 min
becoming the ultimate entrepreneur

FOR SOME, the ultimate entrepreneur might be someone like Elon Musk — working non-stop, rich beyond measure, but with no balance in life. For others it might simply be someone who has built a business that will sustain them; an entrepreneur who is successful but also prioritises other aspects of their life. Take a second. Think about it. What does it mean to you? In my view the ultimate entrepreneur is focused, has copious amounts of positive energy, a supportive network, is mentally tough, has their priorities in order and has a steadfast idea towards which they are working. Here are five ways to go about building yourself into the ultimate entrepreneur (or at least my version of one). 1 Seed your day with energy enhancers Your energy is your secret weapon. You should protect and…