Unless you are one of the few people who were lucky enough to receive a large inheritance, won the lottery, or married into money, you will need to create your own wealth. This is not the easiest of goals given the impact of loadshedding, stagnating economy, rising...
Every year, without fail, you and I get letters from all sorts of corporate companies we deal with and every year, they all sing from the same hymn sheet: “Blah blah blah your new price increase will be X and you’ll now be paying more than before.” Your bank,...
"You guys are too busy to make money" This statement took the wind out of my sails when our financial director said it to my partners and I in another business over a decade ago. He was 100% right, we were so busy trying to make our customers and our staff happy, we...
I love it when people say to me: "but Harry, it's not about the money." Really?! Do you actually believe that? Now I'm the first to support that money isn't everything. There are a lot of things that are important. I’m also not saying that money should be your sole...
As we find ourselves in the month of Freedom, it is only apt that we reflect on what Freedom means for us in our businesses. To start with, a reminder that ActionCOACH's definition of a successful business is: “A Commercial Profitable Enterprise that runs without...
In business, it’s not uncommon to have millions of Rands worth of turnover without generating adequate cash flow to support business growth. It’s a well-known fact that growth in any type of business consumes cash which according to Verne Harnish is the first law of...
So what exactly is a "Small Business Lone Ranger?" A "Small Business Lone Ranger" is a business owner who does all the work themselves. No matter how big or small the project, the Lone Ranger handles 100% of it. Either because they're afraid to let go of control or...
People ask: What stage of a life cycle is considered to be adulthood? Research results say: “Adulthood is the period in the human lifespan in which full physical and intellectual maturity have been attained. Adulthood is commonly thought of as beginning at age 20 or...
Think of a 911 Porsche. The Porsche 911, launched in 1963, traces its roots back to the 356 Porsche of the 1950s which actually shared a drivetrain with the Volkswagen Beetle. Similar underpinnings but a vastly different package. Which would you rather have? Today...
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