> PERILS OF ILL-TIMED UPFRONT PAYMENT DEMANDS

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It’s very rare interacting with emerging or small businesses and not face requests for upfront payment before any delivery of service or product is made. It’s quite refreshing, on the one hand, seeing small businesses focusing on the problem and related solution without first mentioning upfront payment.

I feel for small businesses and their need to increase working capital to fund business operations. I have found that many customers are turned off by upfront discussions of payment. When is it the right time to discuss matters about money? By Nimroth Gwetsa, 30 September 2016. Continue reading →

– Everybody Needs A Big Break In Life

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My heart is filled with joy whenever I visit the hood (as youngsters would say) and seeing many smaller shops and businesses that used to be our source of supplies for goods and services throughout my childhood still running. Despite the onslaught of shopping centres and well-established national retailers cropping up in the neighbourhood, they are still straddling along. It’s a good thing that they have survived the worst and are still standing, yet also concerning that they seem to be stagnant or are dying slowly.

By Nimroth Gwetsa, 31 August 2016. Continue reading →

– Heed those signals for your prosperity

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Coming to think of it, nothing on Earth is without some ability to transmit signals or some form of a dashboard when its state deviates from the norm. This doesn’t mean all things are alive and have some awareness, but all things show a sign of inherent changes over time.

Man-made creations and natural things alike, send out or show signals of some sort when certain conditions occur. Though not all signals are transmitted intentionally, some show signs indicating a change in condition of the substance. Some signals can be as a creek, showing distress or some strain. Others can be in symptoms pointing to the underlying cause of the problem for which a solution may need to be found to avoid destruction. By Nimroth Gwetsa, 31 July 2016. Continue reading →

AVOIDING PITFALLS OF SELLING TO DIFFICULT PERSONALITIES

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Persistent failure to persuade people to consider our proposals could sometimes be owing to our asking wrong people for help, seeking answers in wrong places and knocking on wrong doors. By Nimroth Gwetsa, 30 June 2016. Continue reading →

– Is there an end to South Africa’s unemployment and poverty crisis?

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Human beings are marvellous. Even without zoologist and scientists explaining differences between humans and animals, any sane person can easily see the superiority of humans over other creatures. A mere look at innovation and developments humans brought about and other feats achieved, shows the greatness of humans above other creatures.

Despite this greatness, human beings seem unable to resolve age-old problems whose remedies are known and documented. By Nimroth Gwetsa, 31 May 2016. Continue reading →

BUSINESS VALUATION – GETTING THE BEST VALUE AND PEACE OF MIND SELLING COMPANY EQUITY

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There comes a time in the business founder’s life to consider selling some equity in the company, if not to dispose it all. Reasons for the sale are always situational. The sale could arise from the need to expand capacity of the business, sustain or dispose of it entirely to realise a return on investment. Disposal could also be owing to the need to meet other pressing financial obligations.

Many factors influence company equity valuations. Thus in selling equity, how best can owners avoid suffering from seller’s remorse just as buyers do after their priced purchases? By Nimroth Gwetsa, 30 April 2016. Continue reading →

Achieving Business Growth through Business Relationships

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Growing business is every business owner’s dream and mission. Many avenues are available for raising capital to achieve such growth. Joint ventures, partnerships, mergers and acquisitions are some methods available for growing a business.

Many emerging business owners rushed, to their peril, in establishing business relationships only to witness the devastation those relationships have caused to their companies. There’s no need to learn the hard way. Help is at hand. By Nimroth Gwetsa, 31 March 2016. Continue reading →

– BEATEN BLACK AND BLUE BY LIFE’S DIFFICULTIES

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Don’t give up! I know it is easy said than done and we might not know the extent of your pain. Perhaps you were about to overcome and needed to give it one more try, but you gave in to what seemed unbearable pressure. If your life or safety is not threatened, perhaps continue your journey, taking one more step even if it is simpler and slower. You’d achieve progress.

Life in South Africa can be daunting. Wherever one looks, one is surrounded by negativity. And if it’s not about lawlessness, it is about the abuse of power. If not about laziness, then it is about foolishness leaving one wondering when all this would end so “normality” could resume. Such negativity can damage one’s welfare. By Nimroth Gwetsa, 29 February 2016. Continue reading →

– STARTING OWN BUSINESS – DOs and DON’Ts

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What an explosive start to 2016 we have had! The highly charged atmosphere at the beginning of the year was a continuation of the prior explosive end to 2015 when massive outflow of funds left our shores, the outcome attributed to “surprise” leadership changes in the government’s finance ministry.

The recent repo rate hike may spell doom for some. To those planning to become new business owners in partial fulfilment of their 2016 New Year resolutions, do not allow unpleasant events like these deter you from your resolve. With the dawn of February, this is a good time to reflect on progress achieved against your entrepreneurship New Year Resolutions.

By Nimroth Gwetsa, 31 January 2016. Continue reading →

– The Joy and Pain of Entrepreneurship

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By Nimroth Gwetsa, 15 December 2015.

Summer holidays are upon us. Whether one is on vacation elsewhere or is enjoying the tranquility of the local environment, summertime is the season expected to bring good fortune. It’s as if living things are doing their best to show off their appreciation of summer: with flowers blossoming, birds singing their early morning glorious melodies, succulent fruits falling-off trees, people getting together and strengthening their relationships. Continue reading →