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  • The complete guide to bootstrapping a web startup on a tight budget

    So you’ve got a great idea, and want to get going straight away. That's great, but bringing an idea to life can be a bit of a challenge. Don’t fret though, that really should be the absolute last thing that throws you off getting started. While spending time working on getting SuperSimpleSurvey off the ground, we learned a few pretty hard lessons and thought it would be good to share them. When we started, we didn’t have much to spend. We also wanted to put off fundraising until we had proven our concept first by means of a Minimal Viable...

  • Company Office

    Business, SA set to benefit from innovation and startup ecosystems

    Global accelerator programmes are vitally important in bringing new technologies into the insurance industry’s value chain, writes Stanley Gabriel, head of innovation at Old Mutual Personal Finance. By partnering with such initiatives, companies like Old Mutual continue to explore how to streamline, reorganise or redesign business models, legacy processes and systems to enhance customers’ experience. Entrepreneurship and small businesses are driving economic development in South Africa, with startups and small businesses contributing an estimated 50% to 60% to the national Gross Domestic Product (GDP). It comes as no surprise then, that the 2017 Old Mutual Savings and Investment Monitor found that 39% of...

  • The state of South Africa’s tech startup industry [Infographic]

    A recent Silicon Cape survey titled The State of South Africa's Tech Startup Industry has been compiled in the form of the mighty infographic. Although only around 250 people have answered the survey at the date of writing, the information supplied by the small sample group provides revealing insight into the nature of the scene, and most tellingly, the perception of the scene -- especially when compared to last year's poll of 190 startups. Let's take a closer look. In terms of gender and education, the results are similar to previous polls. The South African (SA) startup scene is still dominated by...

  • Deal will see Habari Media advertising on 2go’s 10m strong chat network

    Instant messaging service, 2go is on a roll. Following the partnership announced with Nigerian music service iROKING recently, advertising house Habari Media today announced that it's adding 2go to its mobile advertising strategy. This partnership will allow Habari’s customers to target 2go's 10 million active users in South Africa, Kenya and Nigeria, of which 9 million are in Nigeria. While smartphone adoption in Africa is growing, 2go's support for 800 different types of feature phones allow Habari to reach a wider audience. Habari and 2go are reporting click-through rates of up to 15% on full-screen clickable Splash Ads and engagement...

  • 7 reasons why you should run your startup remotely

    In light of the recent ban on working from home imposed by Yahoo's newest CEO, Marissa Mayer, it's got the debate up and running once again: is it better to work from home or at the office? When thinking about startups, I'd like to add my two cents and argue that running a young company remotely is a very real and attractive option for many an entrepreneur. Not only because the technological tools exist to share and collaborate on documents, communicate in real time (even face-to-face) and meet those all important deadlines, but also because there are practical advantages to...

  • Deal discovery and sharing startup Found launches, ‘Sport Shoppers’ rejoice

    Found Shopping, the deal discovery and sharing service from Cape Town launched its free app for iPhone and Android at the city's Design Indaba last week. We've been tracking Found's evolution for a while. The team behind Found's previous app, Pashash, was backed by Google Umbono -- now Google for Entrepreneurs -- and showed promise when it went on to win Startup World South Africa last year. Co-founder, Faheem Kajee, subsequently spent two months in Silicon Valley marketing and getting feedback before deciding to refocus the proposition specifically around sharing deals. Pashash was renamed to Found in order to represent...

  • Lessons learned by an Indonesian accelerator: don’t spoonfeed startups

    It’s been quite some time since Project Eden, Indonesia’s first startup accelerator, made an announcement. In fact, the last time it did so was back in 2011. What happened? We talked to Project Eden board members Natali Ardianto and Aulia Halimatussadiah (Ollie) about the program’s hiatus. But most importantly, both of them shared the biggest lesson they learned from running the project: don’t spoonfeed startups. Natali said that the first mistake was that they selected the startups mostly based on the potential of their ideas, but did not account for the people behind them. This resulted in the startups’ founders...

  • Meet 8 of Russia’s top VC firms

    Being a part of the Russians doesn’t mean you get a free bottle Russki Standard at tech events. Unfortunately. But what it does mean, is that you join a massive group of incredibly talented programmers and hackers and recently business-savvy tech folks, together with a whopping 150-million people all sitting in their warm homes tapping away at their keyboards. The Russian tech scene has exploded in the last five years, with companies like search engine Yandex completing an IPO on the NYSE and startups popping out of the snow like daisies in Namaqualand. A quick word on Yandex – it...

  • Ogilvy & Mather acquires a majority share in SA mobile marketing company

    This is big. Marketing giant Ogilvy & Mather South Africa (O&M SA) today announced that it has acquired a majority share in SA mobile marketing company, Strike Media Proprietary Limited. O&M SA says that the move is a significant step forward in developing its South African mobile marketing capability. Strike Media (Strike) who's client list includes Acer, Nokia and McDonald's, has a service portfolio that includes customised mobile campaigns, payment services, business solutions and consulting. The company is headquartered in Cape Town, and lists a turnover of over R40m. Strike CEO, Russel Stromin, who is also chairman of the Code of...

  • 5 things startups can learn from bodybuilding champion Phil Heath

    Phil Heath is the current face of professional super heavyweight bodybuilding. A two-time, back-to-back Mr. Olympia, Heath has pushed the limits of the human physique to its extreme. It takes a special type of drive, some would say "crazy", to make it in the sport of bodybuilding. Heath embodies this drive as well as the unrelenting spirit found in many an entrepreneur taking on the challenges of building a business from scratch. Whether you're sculpting a physique, or crafting a business, the lessons learned on the way to success are often similar. The pivot: if it does come, embrace it Heath once...

  • Entrepreneurs Bootcamp launches with free online courses for entrepreneurs

    Entrepreneurs Bootcamp is a collection of nine free courses covering different aspects of entrepreneurship, designed by leading South African entrepreneurs. It's all kinds of brilliant and well worth a look. The project was designed for the Cape Town branch of the Entrepreneurs Organisation (EO) by online education company GetSmarter, with sponsorship from Van Schaik Publishers. The courses on offer include “Identifying opportunities”, “The legal environment”, “Effective marketing” and “Management and growth”. According to Sam Paddock, Managing Director at GetSmarter, “These 9 courses have been designed specifically for entrepreneurs, by entrepreneurs. We’ve recorded over 90 video interviews with some of...