Category Archives: Entrepreneurship

– Be careful of partnerships you enter into, your expansion could be stunted by them

Let’s get first things out of the way. In South Africa, if you are a start-up targeting bigger businesses than yours as clients, you are more likely to fail in making any meaningful inroads towards your business success.

To make it as a start-up or small-business in acquiring bigger businesses as clients, you’d need to partner with bigger businesses already doing business with your targeted bigger business clients. Or you could expand your business by targeting ordinary consumers.

Targeting consumers can able your company “grow organically” and later become attractive to bigger businesses owing to yours having a solid customer base.

These expansion challenges are usually felt by small-businesses in the knowledge-based advisory consultancy service sector. However, smaller companies having a tangible physical product may not necessarily face the same challenges as those in the knowledge sector. Big business is more readily available to deal directly with them than they would be willing to do with smaller consultancies. By Nimroth Gwetsa, 29 August 2018. Continue reading

– Need a safety net for the good guys

I don’t understand how it is that evil deeds can be sustained for years without legal institutions or leaders able to undo its proliferation in a short time. How could an evil system of apartheid go on for centuries without a critical mass of former leaders revolting against it? Likewise, on private and public-sector corruption, how could it be that so many good people seem to have been a drop in the ocean to counter the activities of those pursuing graft?

Thanks to John Stuart Mill, said to have originally coined the saying in 1867 that: “Bad men need nothing more to compass their ends, than that good men should look on and do nothing.” Paraphrased to its common phrase used today and as attributed to John F Kennedy’s speech among others, it is said “The only thing necessary for the triumph of evil is for good men to do nothing.

How are perpetrators of evil able to proliferate their evil unabated for so long? Could it be that there are many in powerful positions agreeing with them, that evil is sustained? Or could it be that many are benefitting directly out of fear of loss of being expelled for standing out against evil, that they choose to turn a blind eye against evil? For the latter, we need a safety net to ensure good guys are protected and their losses minimised. We need a system that ensures promoters of good are protected and more rewarded than perpetrators of evil. By Nimroth Gwetsa, 30 June 2018. Continue reading

– Look out for the fine line

At the dawn of the year 2000 just after the dizziness of prolonged working hours a couple of months before to avoid the much-publicised New Year “catastrophe”, I drove to a British automaker’s dealership in Sandton in a 1996 Japanese car. That was after I had spent almost a year in 1999 waiting for the German automaker’s dealership to deliver on my order of their imported sedan. Having endured many revisions of the delivery date and the lack of enthusiasm from their sales agents, I took a drive in my short pants, sandals and a golf-shirt to this British carmaker’s dealership. Though I was willing to consider the British carmaker’s offerings, I was not convicted then about buying their car.

Nevertheless, as I stepped into the dealership casually, younger sales agents took one glance at me and continued to ignore me. I proceeded to look at new cars on the floor. Mind you, their lowest or bottom of the range model then was an equivalent of a BMW 5 Series or Mercedes Benz E-Class. Nothing in the BMW 3-series class. To those youngster, I was just another time-waster not worth spending time talking to.

On seeing younger sales agent positioned closer to the entrance unmoved by my arrival, the older looking salesman, probably in his mid 60s, left his desk at the far end of the dealership floor, and with a broad smile on his face, greeted me and shook my hand.

I politely and quickly quibbled that I was there just to “look” at their beautiful cars, to which he reassured me that he was also not there to pressure me, but to make himself available in need to explain the car’s features, technology and capabilities.

Fair enough, he went on to fetch keys of one of the cars on the floor, started it and began to show me around and explained many other interesting features about the car. He even offered to take me on a test drive right away, but I politely declined. I reminded him that I was not buying but just looking and that I was driving a cheaper Japanese car. Deep in my heart I knew I was in the market for something serious and that the marque wasn’t too far off what I could consider buying. Nevertheless, he again told me he just wanted me to know more about what I was looking at. He proceeded to give me his business card.

Though I tried hard pretending to be indifferent and the car being way “above my tax bracket” as today’s social media snobs would say, I was moved by the salesman’s humility, patience and respect he showed me that I decided that evening to return the next morning to give him an “Offer To Purchase” deal. The rest as they say, is history. By Nimroth Gwetsa, 30 May 2018. Continue reading

– Something’s got to give, #Improvise

Rarely can anyone have all aspects of their life going swimmingly without loss, pain, or suffering. There’s bound to be something else that acts as a reminder that one cannot always have what one wants.

Then, we should be ready to improvise and make the most of what we have despite difficulties and setbacks.

Joy and pain are intertwined. You can’t have joy without having experienced sadness, and even if one is joyful, pain is what will erode that joy. Sounds obvious but when we’re in the thick of things, we tend to forget that we can’t always have what we want. We need to learn to make do with whatever we have, while doing our best to overcome our discomfort.

With so many lives dependent on the President, we can learn, though still early, from President Cyril Matamela Ramaphosa to make the most with little desirables we have. By Nimroth Gwetsa, 28 February 2018. Continue reading

– The Small Business Pricing Conundrum

The biggest undoing of small businesses is their inability to configure, package and price products into different offerings. Of greatest concern even, is the failure to publish prices of their offerings, preferring, instead, to treat every sale as a special deal and quoting the price separately. Generally, there are times when it would be appropriate to adopt the auction-styled pricing strategy and others where upfront display of the price would be preferable. The key to success is in knowing and understanding the company’s target market and the appropriate response to meeting their needs. Growing small business managers need to perfect their pricing strategy to avoid inadvertently turning away potential customers. By Nimroth Gwetsa, 31 January 2018. Continue reading

– South Africa is awash with #Talent

As the new year dawns and many reflecting on their lives and making new resolutions for the new year, take the time to look at your surroundings and people you encounter this festive season with an additional different lens. You may be richly endowed to tackle your new challenges with confidence and zeal. South Africa truly has talent. By Nimroth Gwetsa, 30 December 2017. Continue reading

– You have more inside you than you can get from outside

We are told, ours is among the most progressive constitutions in the world. Yet, many do not seem to experience most benefits of rights enshrined in our Constitution. From an economic perspective, “we have it all” in South Africa: the Industrial Development Programme, Black Economic Empowerment, Automotive Investment Scheme, Film and Television Production Incentive schemes, just to name, but a few. But there are many more such programmes, mainly offered by the public sector.

One department alone, promotes many more such programmes. Visit theDTI website to see how progressive many of government’s well-intentioned incentive programmes there are. These programmes aim to provide support in resources and technical expertise across different sectors of the South African economy.

Notwithstanding, there many other organisations such as the Public Investment Corporation, the Land Bank and Development of South Africa, among others also offering some form of assistance.

Despite the vastness of progressive intervention programmes, our economy is not performing and unemployment and poverty levels are worsening daily.

What is the problem? Why is there so much support yet so little improvement in many ordinary people’s welfare? Why, in the era of unprecedented number of graduates in the history of South Africa, do we still have so many unemployed? By Nimroth Gwetsa, 31 October 2017. Continue reading

#Beliefs – Be careful what you believe, your life depends on it

Without beliefs, we have no principles. Without principles, we have no convictions and are not anchored. Without anchors, we are drifting away. And with drifting, we have no control of our destination. Without control, we are at the mercy of life situations.

Surely such life leads to hopelessness.

Control your thoughts, avoid calamities and live better. By Nimroth Gwetsa, 28 September 2017. Continue reading

#JobSatisfaction – Are you happy with your profession, job or business?

At some point in life we’d question our purpose and value in, if not to, society. Taking responsibility for one’s life is a lifelong goal. Finding the harmony between what one desires and one ought to do isn’t always a straightforward peaceful exercise.

If it were easy to earn an income from doing work one enjoys, everyone’s life would be blissful. Circumstances of our lives sometimes goad us into making decisions and choices we would naturally not make.

Tools are available to help us resolve conflicting experiences and circumstances in making such choices. By Nimroth Gwetsa, 27 July 2017. Continue reading

– It is now time we #WalkTheTalk

As if our political and social problems insufficiently kept us sick and depressed for days, Standard & Poor’s and Fitch added to our woes, relegating our country’s bonds to sub-investment grade. Moody’s, bless their souls Lord, decided to play the wait-and-see game, placing us on notice for now. Our new finance minister’s recent trip to New York to assure international investors seems to have hit a brick wall.

Our country seems fiercely divided on many issues, at least as seen through the social and mainstream media lenses. Differences include those about the approach for overcoming problems facing us. The “Madiba magic” is no more. Cry our beloved country.

But not all is lost. We somehow agree on our predicament and need to find a way out. How then do we get there when we disagree on so many issues and cannot even get traction on what we agree on? By Nimroth Gwetsa, 28 April 2017. Continue reading