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Startup Lessons

5 Ways To Do What You Love For A Living

When I decided to leave my own corporate job years ago to pursue the culinary arts, I couldn’t think much further than doing what I love on a daily basis: cooking. But it soon became clear to me that leaving the safety of one career to take up another is not quite that simple. Hard work, ultimately, has to meet ...

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3 Inspiring Business Lessons From Billionaire Media Mogul Oprah Winfrey

Like many seasoned entrepreneurs, Oprah Winfrey views failure as “another stepping stone to greatness.” For her, it has been, and then some. In 1977, decades before she became a billionaire media mogul, she was fired from her job as a reporter at Baltimore’s WJZ-TV. Her boss said she was “unfit for television news.” She was “devastated,” but she didn’t quit. ...

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Here’s What I Learned When I Quit My Own Business

I remember the day well. July 14, 2009 — less than one year after I set up my first real business, I quit. Nine months earlier, I’d set up my design and digital business by recruiting a developer and investing in some office space in the town’s new Digital Media Centre. In doing so, I was taking the small amount of savings that ...

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5 Expensive Mistakes These Experts Will Help You Avoid

Here are five expensive mistakes to look out for, along with expert advice on how to avoid them. 1. Expensive mistake: Hiring the wrong team Irfan Pardesi and Hina Kassam, founders of ACM Gold, made this mistake a few years into their business, once it was already hitting a turnover of hundreds of millions of rands. “We thought it was ...

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How To Manage The Magic Triangle Of Product, Budget And Audience

With consumers’ attention spans and loyalties shifting increasingly often, it’s vital to adapt your product range to attract their interest and loyalty. Don’t change for change’s sake though – any innovation needs to achieve a balance between understanding what your clients (and their clients) want, and producing it for a cost and sale price that makes sense (and cents) for ...

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10 SA Entrepreneurs On What They Wish They’d Known Before Starting Their Businesses

Vital Stats: Yossi Hasson is the co-founder of Synaq. Established in 2004 the firm underwent major changes that allowed the business to scale much more efficiently. In 2011 Dimension Data bought a 50,1{11dcda262fe6d028e7d36388bc7b637fedc614ce8f4ee25f9be0e8bc9daf6920} share in the business, allowing them to scale at even greater speed. “When we made the decision to convert from a product-based business to a service-based business, ...

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The Art Of Embracing Rejection

Rejection is like advice: It’s often unwelcome (and even irrelevant), but coming from the right person, can change your life. In my previous business, we started off with a home run – we raised money from our first business plan and our first attempted pitch with a venture capital firm. In fairness, this was off the back of many, many ...

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5 Steps That Helped Innovative Marketing Take The Leap

Vital Stats When husband and wife team Judd and Claudia Sherrin moved from Joburg to the South Coast, their plan was to maintain their full time jobs and work remotely. They were both working for a media house in Joburg, with Claudia involved in the editorial, design and eventing side, and Judd running advertising sales. Instead, the move launched them ...

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The 7 Business Lessons You Should Learn by 30

Starting a business – or even getting involved as a professional – when you’re young can be intimidating. You might have knowledge about business from school, books or practical advice from sources online, but there’s a big difference between understanding business fundamentals on paper and gaining wisdom through actual experience. By the end of your career, you’ll have accumulated a wealth of ...

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10 Harsh Lessons That Will Make You More Successful

Everyone fails in life, and failure can be a crushing experience. The only thing that separates successful people from the rest is how they respond after they fail. When facing obstacles, you have to decide if you’re going to let them be the excuse for your failure or if you’re going to make them the story behind your success. “There ...

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