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All posts tagged "business"

  • Moving the Mother City forward by creating opportunity for all [Sponsored]

    Creating cities of opportunity for South Africans are shaped by fostering enabling environments and by inspiring innovation. Local and international speakers addressed these topics at the SA Innovation Summit 2016 lead-up event, the High Impact Series, which took place on Tuesday, 16 August 2016 at Workshop 17, V&A Waterfront in Cape Town. "The question that needs answering is what can we do with what we have to make a difference and create a city of opportunity? By bringing together thought-leaders, innovators, enablers and industry leaders at the High Impact Series, the discussion has started around co-creating and moving South Africa's beautiful Mother City forward," said...

  • Businesses, entrepreneurs are making money from Pokemon Go

    You might think of Pokemon Go as a fun way to get outdoors, but did you know it's making money in a ton of unexpected ways? The most obvious way Pokemon Go is making money is in the in-app purchases department, allowing people to buy virtual items for real money. However, the developers are teaming up with some companies to create sponsored PokeStops/gyms, TechCrunch reported. But the game is actually making money for more than just its developers though. Businesses are seeing the benefits In a rather cool twist, stores and other businesses in close proximity to gyms and stops are seeing an...

  • There’s a Startup Weekend happening in Mauritius

    There's a Startup Weekend in the island nation of Mauritius taking place from 15 to 17 July at the BPML CyberTower 1 in Ebene. The event is expecting around 60 participants, including entrepreneurs, professionals, and students. Those participating will pitch their business ideas for a startup company. They will then need to form groups in order to develop a working prototype. On Sunday evening, teams will pitch their business to a panel of judges who will decide the final three winners. All teams will have the opportunity to receive free mentorship and feedback on their projects from professionals. The coaches will include the likes...

  • The Guardian shines spotlight on Cape Town’s startup scene

    Cape Town's startup scene is gaining loads of attention, as the sector quickly makes a name for itself. Don't believe me? Then you should check out The Guardian's report, titled "How Cape Town's tech entrepreneurs are solving problems for small business". The article initially focuses on the Silicon Cape initiative, calling it "central to Cape Town's technology startup scene". "After starting my first company in Cape Town, I realised what a lonely place it was for founders. When I moved to Silicon Valley, I quickly discovered what an interconnected place it was and wanted to create the same type of environment back in...

  • Pimping the wheel: an anthropologist’s view of entrepreneurship in SA

    South Africa is as wrapped up in the myth of the rock star entrepreneur as the rest of the world. But what kind of entrepreneurs are we developing, and why? This is the question that Melissa Beresford, an anthropologist PhD student from Arizona State University, has set out to answer. She has spent the last 11 months in SA doing research for her thesis, focusing on the cultural models of entrepreneurship across low-resource and high-resource environments in the country. This topic wasn't her original plan. Beresford had spent the last two years working on doing her PhD on the model of collective action in the...

  • 3 online strategies to make your business more appealing to customers

    Years ago, businesses grew by word of mouth or they were attractive because they were the only business in town. Today’s competitive era means you need to try alternative routes to build your company’s name recognition. Although the market is flooded with lots of new businesses, yours has the ability to stand out and be successful if you’re willing to market it in a way that’s truly appealing to consumers.   Are you looking to grow your revenue by attracting new customers? Whether you’re a new business or an established business, marketing your business to online consumers is a great...

  • How to keep the excitement going in your startup

    Whenever a company embarks on a process to create a culture that delights customers and creates loyalty, we usually recognise four very distinct phases in the process: First there is awareness, where people at all levels realise that change is important and imminent. Managers usually start reading up and enquiring about what to do next Then there is the evangelical phase, with bands and balloons and a lot of “Rah! Rah!” It is usually during this phase that the company carries out lots and lots of activities, including a launch event and training for everybody. Many systems and processes are established,...

  • 10 unpredicted things every business plan needs

    The biggest question for businesses is whether its business plan is doing all it can to handle unforeseen problems. Some businesses may be bold enough to argue that there is no such thing as a plan for handling unexpected events. However, there will be some who go by the book by planning ahead and picking a right business plan template, create a holistic step by step strategy and then hire a team that can execute the plan. During the whole planning process, a lot of things can go wrong, this publication seeks to rectify such thoughts by providing you with ten...

  • 3 vital truths about running a business you should know about

    Management textbooks and the business press are full of advice about creating entrepreneurial business models, shaking up markets, and offering game-changing customer experiences. As exciting as those opportunities are, there are some important and less glamorous truths about building a business that every entrepreneur should know from the outset. All too many of us learn them only through hard experience. 1. You will have a business plan, and life will have other plans It is sensible to start out with a business plan that charts the expected course of your company for the first two or five years of its existence. Banks,...

  • 5 crucial reasons startups tend to mismanage their finances

    Financial Management is one of the main reasons many startups fail. And, sadly in many cases this is caused by the entrepreneur themselves, making them the biggest enemy to their own businesses. Financial mismanagement is mostly as a result of all or some of the following reasons: 1. Lack of financial education and aptitude Lack of financial education may cause entrepreneurs to live from hand to mouth i.e. cash is accounted for and is spent as it comes into the business. Financial education allows the entrepreneur to know in advance how the business is doing financially and to be able to take...