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- Do You Remember The Time ..?
Do You Remember The Time ..?
Do you remember why you first started your business? Do you remember the first obstacle you encountered and how you overcame it?
Here are some popular reasons South African entrepreneurs gave for starting their businesses from a survey we did of 1,000 entrepreneurs.
- To have a positive impact/ change the world.
- To pursue my passion.
- The idea of being able to create something.
The necessity to earn a living.
- Future opportunities that the business may present.
Yes, we know that with COVID-19 and the lockdown, SMEs are faced with drastic challenges, and you may find yourself asking yourself the 'WHY' question once again. On his YouTube channel Vusi Thembekwayo shared the characteristics that entrepreneurs need to survive during the COVID-19 business climate. They are:
1. Belief. “Belief is often more important than capability… They just believe in (what they’re doing) and they believe in themselves.”
2. Efficiency and efficacy, because it is often far more important than resources.
3. Clarity. “Be clear on what you do and why you do it. Don’t try to be everything to everybody.”
This week, we provide RESOURCES to help you to sharpen your FOCUS and develop VISION.
Stay safe and healthy entrepreneurs!
HAVE YOU DOWNLOADED YOURFREE COPY YET? The SME South Africa #Tech4Growth White Paper Report
“The problem is that there are too many choices (tech products and services) and very limited assistance in making the correct choice.” - Professor Barry Dwolatzky
Professor Barry Dwolatzky is the founder and director of Wits University's Joburg Centre for Software Engineering (JCSE).Read Professor Barry Dwolatzky, Luvuyo Rani and Gugu Mjadu’s advice for how the government and corporates can help SMEs access technology. More in our #Tech4Growth white paper.
GET YOUR FREE COPY of the ‘Advancing Technology Use Among South African SMEs to Accelerate Growth’ White Paper, sponsored by Telkom.
LESSON OF THE WEEK
“Where there is no vision, there is no hope.” - George Washington Carver
COVID-19 SURVIVAL GUIDE
WE ARE UPDATING OUR COVID-19 GOVT & PRIVATE SECTOR INTERVENTIONS LIST EVERY DAY!!!New this week:- Nedbank and SimplyBiz launches innovative BackaBusiness crowdfunding initiative to support entrepreneurs through Covid-19.- Help with Legal Due Diligence for SMEs.- COVID-19 Support Finder helps SMEs to find the support they can access.- Eat Out Restaurant Relief Fund to support restaurants feeding the needy.FULL LIST HERE
++ PLUS ++
NOT GENERATING ANY SALES - Go online!Many customers will want to avoid unnecessary face to face contact and physical stores if they can. So, in the COVID-19 era and beyond, a business must be online to exist.MORE CASH FLOW HACKS HERE
VISION & PURPOSE
From vision to reality
6. The People and Networks Gemelli Founder and Other Inspiring Entrepreneurs Credit for their Success
What's Your Advice for Marketing a Business in the Time of Corona!
On our SME SA Forum one of our members, who has a security business, asked “How do I market my security service business?”Respond to the entrepreneur with the security service business, HERE.The SME SA Forum is a FREE community where small business owners can engage with other entrepreneurs and thought leaders. SIGN UP FOR FREE