• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

Entrepreneurship

  • Entrepreneurs, learn how Elon Musk got started [infographic]

    Becoming a tech entrepreneur doesn't just happen overnight. Besides having failures and successes in business, you'll have failures and successes in your personal life. Even big names, like Elon Musk, has had an interesting journey to where he is today. In an infographic created by Anna Vital, and hosted on Funder and Founders, it details Musk's life from when he was born until the end of 2015. It also takes a cheeky turn by chronicling events that have yet to happen, going past 2025 to when the supposed Mars Colonial Transporter launches. In addition to the infographic, the website also contains a...

  • Don’t be fooled, starting a business isn’t easy

    Spend some time with your friends around the braai and everyone, at some stage, wants to do their own thing and venture off into Entrepreneurship. Unfortunately, less than 6% of the population ever will. Why is that? Business is relatively simple and there are enough examples of success out there to make it a worthwhile risk to undertake. Most people however know of the other part of the equation and the failures and difficulties. Perhaps that holds them back. Either way business IS simple but not always easy. The biggest factor in its...

  • 5 things entrepreneurs can learn from playing Fallout 4

    I know what you're thinking: how on earth does a post-apocalyptic survival game have any lessons for those running a real-world startup, or maturing as an entrepreneur? To which I would reply, "plenty." Fallout 4's a great game (if you're interested in a review, Gearburn's got your back), but it's also a rather good teaching aid if you take the time to study it. Through all my hours of playing Fallout 4, exploring the vast world and setting up countless Settlements across it, I take a look at the five biggest lessons the game can teach entrepreneurs (and don't worry, I'll...

  • 4 reasons successful people celebrate failure

    Failure is harsh, unforgiving and brutal. Failure doesn’t see skin color, ethnicity or socio-economic background. It’s an equal-opportunity offender and is always lurking just around the corner. As an entrepreneur, the likelihood that your company will be worth US$1-billion one day is less than 1 in 10 000, or 0.0001%. Even for those that just do "okay", the attrition rate of startups in the US is roughly 50%. If you’re going to build a business, or go into business for yourself, you're signing up for some sort of failure. But that’s a good thing! Wait, what? 1. Failure oftentimes isn't our...

  • Startups, here’s a hacker’s guide to snagging that investor [infographic]

    In a world where ideas are a dime a dozen, it's not easy snagging yourself some investment money. Some startups go to pitching events, make a huge public splash, or even take road trips to find funding for their business. In an essay by Y Combinator founder Paul Graham, he breaks down the differences between angels, investors, and what makes them tick. For example, angels may take more risks than venture capitalists (VCs), but they don't necessarily like the limelight. He also says that VCs want startups that can go public and grow, tend to invest in what other VCs do. "Some...

  • 5 important things I learned from closing down my business

    I owned and ran my own company not too long ago. I had managed to escape the shackles of everyday corporate slavery and venture out on my own. After a few years, the dream came crashing down harder than a 50 mega tonne nuclear warhead. The dream had ended, but, as I found out, it wasn't truly over. During the process of closing down my business, paying back those that still required money, and trying to make people happy, I learned a few important things. Here are the five key points I learned from my experience. The money you don't have There's a good chance...

  • Dubai’s become an entrepreneurial dreamland: here’s how

    Dubai is a renowned destination for leisure and luxury seekers. With numerous larger-than-life buildings, astounding architecture and top-notch luxury services, it’s nothing short of a tourist’s wonderland. Dubai’s appeal attracts a humungous market because of its central location that ensures year-round traffic form both sides of the globe. It is a natural nesting ground for companies looking to expand and operate in the Middle Eastern and African region, with the world-class infrastructure and communications network and a conducive environment assisting businesses grow every step of the way. The government’s drive to diversify its revenue stream has already driven Dubai far...

  • 5 rules for managing people in your startup

    If your small business is to grow and prosper, you need to hire the right people and then manage them in a way that gets the best from them. Even if you are not a natural leader, managing people is a skill that you can learn and improve with practice and with the right advice. Here are a few golden principles for people management in a small business. 1. Learn to delegate The first and sometimes hardest people management lesson for a small business owner to learn is to delegate work to the team. It can be difficult to let go if...

  • How to navigate mergers and acquisitions as a small business or startup

    Mergers and acquisitions are relatively common in the business world, and they’re becoming increasingly prevalent in the tech world and among startups. We often hear about mergers and acquisitions between large and well-known companies, but there are plenty of these scenarios happening among smaller and less noteworthy startups and small businesses as well. Many startups may always operate with the idea they’d like to be bought by a larger company, and while this can be a likely scenario, it’s important to put your focus on creating a business that will hold real value for a potential buyer. Along with...

  • 5 ways being a parent makes you a better entrepreneur

    In the five weeks that I’ve been a father, it’s dawned on me that parenting is exactly the same as running a business. If you want to be a better businessperson, I’d highly recommend becoming a parent. Both are exhausting, all-consuming and a financial pit but already I realise how parenting can make you better at business. To celebrate my five-week milestone of keeping a child alive I’ve come up with five lessons from parenting that will make you a better businessperson. Celebrate the small wins I got woken up by screaming at twelve-thirty in the morning after only getting to sleep...