Tag Archives: #success#

– The immeasurable economy of humility, generosity and kindness

Ultimately, what matters to any business is the ability to generate revenue. The more diverse the sources of revenue, the better the prospects for the business. Likewise, the fewer and narrower the sources, the higher the risks to the business.

Sometimes business earns income because it has superior offerings, capabilities and the brand, among others. Sometimes, earnings are from customer patriotism and sentimentality (loyalty, familiarity, proximity, tradition etc). Other times, out of the generosity and general good behaviour of employees.

One thing is clear, unless your business is a monopoly, arrogance, self-centeredness and unpleasantness towards customers will not bring them through the doors of your business. By Nimroth Gwetsa, 30 November 2019. Continue reading

– Even success in business needs faith

We just have to accept that the proliferation of charlatans masquerading as spiritual leaders has caused many to loathe any discussion with a tinge of spirituality, as a reference for receiving wisdom to ensure success in one’s professional and business lives.

One swallow does not a summer make.” In world with millions doing well, being good world citizens and caring for others, we cannot taint the entire body of useful spiritual knowledge in business because of the abhorrent actions of a fast growing “rotten” sample.

Nevertheless, it sounds obvious but not entirely so, that it is impossible to be successful in anything without faith. You cannot pursue anything successfully if you do not believe such action will result in you achieving a favourable outcome. Whether the outcome ultimately becomes a success or failure is not the point, suffice it to say your actions are informed by your beliefs.

For now, it does not matter who you believe or believe in. What matters more is what you believe. Our plans, strategies and actions are premised on expectations of a good outcome. In fact, it is impossible to live without expectation of good outcome in the future. I wish many aspirant business owners could remember this fact always the next time they feel tempted to give up on their businesses. By Nimroth Gwetsa, 30 October 2018. Continue reading

– 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

– 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

#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

#BusinessSuccess – You need more than Business 101 principles to make it

If there ever was a need for proof that observing Business 101 principles isn’t enough to bring about business success, a visit to a large and busy mall in the festive season to observe customers and business interactions provides proof of such inadequacies.

For some businesses, maintaining flexibility and dual operational strategy might be the additional missing link needed to ensure success. By Nimroth Gwetsa, 28 December 2016. Continue reading

– Lessons We Could Learn From Tata And Geely based on BMW And Ford Failures

The success of Land Rover, a company originally spawned off and owned by British carmaker Rover Company, saw its successes in the 70s dwindling owing to the parent company, British Leyland Motor Corporation’s financial troubles. As declines caused one takeover after another, the brand was then bought by BMW in the mid-1990s. But that too didn’t save the carmaker from its troubles. It was given another lease on life when Ford acquired the brand as part of its then Premier Automotive Group (PAG) in 2000, which then also included Jaguar, Volvo and Aston Martin.

The car manufacturer soon experienced financial performance troubles under Ford. The troubles compelled Ford to offload Jaguar and Land Rover to the Indian owned Tata Motors, and the Volvo brand to Geely Automobile of China.

Why couldn’t such previously successful brands be rescued by more successful and formidable carmakers like BMW and Ford? And why have the initially much “deplored” Chinese and Indian carmakers such as Geely and Tata, do the unbelievable and turn these companies around so quickly?

What lessons can we, as owners of small companies, learn from the history of Jaguar, Land Rover and Volvo to ensure our growth and development isn’t stunted by the same challenges they experienced? By Nimroth Gwetsa, 31 October 2016. Continue reading

AVOIDING PITFALLS OF SELLING TO DIFFICULT PERSONALITIES

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

– SUSTAINABLE SUCCESS CANNOT BE DEMANDED

Success is earned. To keep it, it needs to be sustained. These obvious facts are not so obvious when you’re struggling with and facing many debilitating challenges. Life feels unfair especially when people around you seem successful without much fuss. Unlike what many may believe, sustainable success cannot be demanded. It is the result of what has been produced. By Nimroth Gwetsa, 28 October 2015. Continue reading