Author Archives: Exodus Integration

– #Digitise

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On 26 November 2020, several media houses published a story of Asset Forfeiture Unit (AFU) having frozen R111m from the bank account of one Thabo Simbini, a businessman from Hammanskraal, for his alleged fraudulent claims from the scheme designed to provide financial relief to employers and employees adversely impacted by covid-19.

Simbini is alleged to have claimed for more than six thousand employees from the Temporary Employer/ Employee Relief Scheme (TERS) when he was the only employee in his business, Impossible Services (Pty) Ltd. We take comfort in the knowledge that AFU’s action shows Simbini will be held accountable for his deeds, but such fraudulent submissions should not have initially succeeded.

We know government is inefficient, but basic reference checks could have flagged the claim as fraudulent even when using antiquated technological solutions. Lesson for us all, even small businesses, is to never relent in keeping records even if on a simple spreadsheet. Of all man-made innovations, spreadsheets should count among the best things since sliced bread. By Nimroth Gwetsa, 30 November 2020. Continue reading →

– Avoid Business #Friend-zoning like the plague

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In case you did not know, you are fast on the slippery slope to economic ruin if you feel compelled doing something you do not want to do, but are compelled by fear to do it. It does not matter if that fear stems from potential loss of an opportunity or your wish to avoid ruining a relationship. You did not start your business because of fear, for, you risked everything, probably leaving other opportunities with different and better rewards to pursue your business. Why then are you suddenly seized with fear of loss?

Fear is devilish emotional blackmail aimed at ensnaring you so you could deviate from your plans to focus on doing something else that may result in your ultimate failure. By Nimroth Gwetsa, 31 October 2020. Continue reading →

– Choose the #truth always

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Sometimes truthful and integrous life can cause serious unbearable personal and relational pain, ranging from personal isolation, stagnation, bankruptcy, ruined relationships to depression. While acknowledging the seriousness of such problems, their occurrence is often temporary, though it may feel as though years went by when experiencing them.

I do not think those lying their way or trampling on the rights and welfare of others to their advancement enjoy a blissful life in the long run. I want to believe they do not sustainably enjoy peace of mind. Publicly, they may seem to be living a good and peaceful life, but if they were to tell the truth and nothing but the truth, they would admit experiencing longer-term pain in other aspects of their lives, whether directly or indirectly through something or others they care more about.

We need to weigh what matters to us the most, “choose our poison” and stick to it. If it were up to me, I would want everyone choosing life based on truth always and not deceit and pursuit of instant success at the expense of goodness. By Nimroth Gwetsa, 30 September 2020. Continue reading →

#Generational Prosperity Through Explicit Management of Knowledge

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For some, breaking with the norm, carving new paths represents a refreshing and progressive change, while for others, building on and expanding from the existing represents that refreshing and progressive change. One thing life has taught us, it is not to treat all in it as black-and-white. To progress, one cannot only adopt a dichotomous stance in all issues. By Nimroth Gwetsa, 31 August 2020. Continue reading →

– Keep It Simple

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If you want to be dependable, effective and build long lasting profitable relationships, learn to keep “it simple”. Many technocrats make the mistake of trying to prove their sophistication by complicating simple matters. Perhaps they are not doing this to impress. Maybe they want to win by instilling fear and silencing opposition and those proud enough to ask for explanation of jargon used.

Business problem solvers must do their best to keep it simple, for having it any other way will result in strained relationships. By Nimroth Gwetsa, 30 July 2020. Continue reading →

#NewCalendarEra – Where do you stand?

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Without exaggeration, 2020 is a write-off for many, while for some, Covid-19 socio-economic effects may have scuppered their plans, shaken their confidence and beliefs, making them question if they were ready for a new era as envisioned in their new year resolutions. Others may have received a boost from assessing their vulnerabilities and seeing how unprotected economically and financially they are, that the ramifications of the epidemic have encouraged and strengthened their resolve to press ahead with their original 2020 new year resolutions.

If you are not doing anything illegal, there is no right or wrong answer to what you may still or now want to do after restrictions, owing to the epidemic, have been lifted. By Nimroth Gwetsa, 27 June 2020. Continue reading →

– Know the implications of your role

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Not a day goes by without a user of a social network platform focusing on professional networking and career development posting or forwarding an article or two about what the difference between a leader and manager is, what modern progressive employers should do for their employees. All these are important, and wise and good employers would heed the message.

Taking personal responsibility and not deflecting the problem or issues elsewhere is the foundation of building success. That’s why employees too, should deeply reflect on their role in enabling the employer achieve goals and success. Many employees seem to think their employers are there to just give them “things” without them equally giving “something” back to the employer. An “Us” and “Them” tension will not create a conducive environment for excellence. It’s time for employers and employees to understand and deeply reflect on their roles. By Nimroth Gwetsa, 31 May 2020. Continue reading →

Giving ICT SMMEs a Chance #PostCovid_19Lockdown

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No doubt, our challenges are many and mounting as we speak. Indications from different perspectives and sectors show we have grave problems and are heading for even the worst of times. Government and big business alone do not have sufficient resources, capacity and even credit rating to resolve many of these challenges facing society. But these important role players can enable extensive socioeconomic development to occur rapidly, thereby reverse our current malaise sooner. Such progress is achievable if attitudes and behaviour are changed. By Nimroth Gwetsa, 30 April 2020. Continue reading →

– #COVID-19 #Lockdown – Don’t lower your guard

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With our country experiencing recession and having recently had a sovereign credit rating downgrade to subinvestment (junk) grade, the covid-19 induced lockdown will mean more economic woes for many SMMEs and ordinary people alike. Many already struggle to adjust to a new routine of staying put with limited contact with the outside world, and some are facing job-losses after the lockdown. And with our public-health facilities already taking strain, depression will be on the rise. It’s normal for many to feel helpless, demotivated and discouraged, while some, in the same vein, resorting to pursuing quick “feel-good” solutions that may be ruinous in the long run if not carefully managed. We need to be alert and watchful against becoming sidetracked and ignoring the importance of using this lockdown period to face and tackle our challenges head on so we can emerge stronger afterwards. By Nimroth Gwetsa, 30 March 2020. Continue reading →

– Get to #KnowYourCustomer

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For a long time, I had been a proponent of textbook styled strategies, methodologies and principles on business administration and leadership. In big corporations, no initiative would be approved or considered unless it has supporting business case and matrices to prove the viability of the opportunity. Quite often, inordinate time passes before the opportunity could finally and favourably be considered. Many a small business entrepreneur may be unable to spare such investment in time.

Having little time to spare doesn’t mean SMME entrepreneurs choose to be flippant about conforming to business administration “basics” and ascertaining viability of prospects. Many entrepreneurs are not always driven by accounting and economic matrices alone in their decision making, but other considerations too such as having and relying on a hunch and a little faith among others. SMME entrepreneurs are more agile than their corporate counterparts owing to their low overheads, fewer “touch-points” and division of work.

Though many SMME entrepreneurs may find it onerous and eventually stop compiling important matrices, they should at least do some informed study on their customers to improve their understanding and offerings accordingly. Every product design embodies inherent assumptions after all, whether deliberate or implied, about the target market. Such assumptions have a direct and significant bearing on the uptake of the product. By Nimroth Gwetsa, 29 February 2020. Continue reading →