Entrepreneurship, Startups

Redefining bootstrapping: it’s all about developing a sustainable plan

bootstrap Given the current global startup environment, I believe a re-definition of the term bootstrapping is in order. I believe bootstrapping is more than just an adverb and should be viewed as a comprehensive strategy for tech startups. What is bootstrapping? Historically, bootstrapping has been a term used to describe the efforts made by individuals to overcome a nearly impossible obstacle or to improve oneself through self-sustaining efforts requiring no assistance from others. The saying, “to pull oneself up by one’s bootstraps” has been ...

Advertising & Marketing

Evernote dubs Kenya’s Chamasoft winner of African Innovation Award

Evernote Earlier this year, Evernote traveled through Africa from Nigeria to Kenya and then South Africa in search of a promising tech startups that could compliment its app ecosystem. The US productivity software company then teamed up with the African Technology Foundation and scouted the continent's tech hubs in search of a promising startup to pitch at the Evernote Conference in Silicon Valley. Now Kenyan financial recording company, Chamasoft, has been announced as the winner of the African Innovation Award. Chris Traganos, ...

Startups

From diapers to grilled cheese: WumDrop’s curious on-demand courier service takes on SA

WumDrop-crew A few months ago, we at Burn Media HQ discovered a curious new courier service in our neighbourhood: you can tweet to get a grilled cheese sandwich delivered straight to you face. Needless to say, it sparked our interest as much it did our appetite. It turned out that the Grilled Cheese Club is run by local entrepreneur, Simon Hartley, as a trial service fitting into his bigger vision of a cheap, efficient on-demand courier service in South Africa. It's ...

Advertising & Marketing, News

Aqua snatches up SA software company Applogix

Aqua South African digital agency, Aqua Group, has just confirmed the acquisition of nine-year-old software company, Applogix. The deal will help Aqua strengthen its role as a strong digital competitor with a focus on the ever growing mobile and ecommerce market. “The acquisition of Applogix is a strategic move that demonstrates our commitment to providing our clients with a fully-integrated digital service,” says Brent Shahim, CEO of Aqua. “[Applogix] gives us the ability to bring clients powerful strategic and technological solutions ...

Africa, News

DHL records 1000% growth in sub-Saharan Africa in less than 3 years

DHL The notable red and yellow German logistics company DHL Express recently announced a massive growth milestone of 1000% within the last three years in sub-Saharan Africa. This impressive growth is mostly attributed to its third party business partnership strategy. In the press release, DHL Express notes that it's increased its service points from 300 to over 3 300. Apart from the DHL outlets, the company has also partnered with key business owners or resellers including electronic stores and travel agencies ...

Africa

Forget funding: 5 things South African tech entrepreneurs really need to start caring about

Building And it's probably not bitcoin. In the last couple of years, startups - especially within the tech sector - have (finally) been given a bit more time in the spotlight. I'd say that this has mostly coincided with endeavours like Silicon Cape and the passion of a handful of individuals (entrepreneurs, investors and geeks) to create more of an ecosystem for (tech) entrepreneurs to flourish. I've mostly been on the fence about getting overly involved or saying anything overly opinionated about this, ...

Ecommerce, News

uAfrica announces Kalahari, Yuppiechef, Zando among SA’s best ecommerce sites of 2014

ecommerce 2014 One of Southern Africa's leading ecommerce companies, uAfrica, today announced the winners of the six award categories highlighting the best in the online retail space at the eCommerce Awards held at the eCommerce Conference 2014. The eCommerce Conference is designed to help people keep up to date with the latest trends in ecommerce, present the best the world of ecommerce has to offer, and of course, to be able to network and share business ideas with industry colleagues. As part of ...

Entrepreneurship

3 valuable lessons from a successful startup exit in South Africa

Sale Long ago in a world far, far away (Cape Town, 2010), I started and ran a group-buying website. Yes, I was taken in by the amazing allure of Groupon, the "fastest growing company in the world". Little did I realise growing too fast was not actually a positive. Nevertheless, I was hooked and put together a small team that would launch a site and start selling deals within a month. It took us just over four weeks to put up our ...

Startups

Want to win R25K? Enter Ventureburn’s ‘Startup Battle’

Startup Battle 2 What makes a good business? Is it the idea? Or perhaps the market gap? Maybe it is the business model or timing. There are many different elements that make a good business. Every day in Africa a startup is launched or an idea is born. If there is a problem and it has a tech fix, someone in South Africa is working on it. We want to you to tell us why your business is great and why this idea could ...

Entrepreneurship, News

LaunchLab Pitching Den offering entrepreneurs R80k in seed funding

LaunchLab For the second time this year, the LaunchLab initiative is offering entrepreneurs the opportunity to pitch their ideas to win their share of R80 000 in seed funding. With a slight change this time round, Stellenbosch University has partnered with the University of the Western Cape to make the Pitching Den "bigger and better" than the previous round help earlier this year. With a Microsoft BizSpark sponsorship, the pitching venues will be taking place on three university campuses, namely Stellenbosch University, ...

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