Signing out of account, Standby...
Nadine von Moltke-Todd - Page 11
Editor-in-Chief: Entrepreneur.com South Africa
Seelan Sundoo learnt the hard way how a bad partnership can kill a business. Today he's taking a different approach.
When Rodney Norman was 21, his first business ended up R1 million in debt. Ten years later, Chrome SA has a turnover of R100 million, Rodney works with all of his previous suppliers – a testimony to how well he handled the situation – and he's positioned to experience rapid growth over the next few years. Here's what manning up taught him about building a top-class business.
When Siya Mapoko's first business was failing, he was desperate for advice. He turned to the JSE's top business titans to discover the secrets to success. What he learnt not only changed his business, but also influenced countless other SMEs over the years.
Not only has the 31-year old entrepreneur achieved what he set out to do, but he was a self-made millionaire at 24, the youngest investor on South Africa's Shark Tank, and an entrepreneur who is shaking up the entire accounting industry. All without taking a single cent of debt.
As a former international kickboxer, national kickboxing team manager in Norway and entrepreneur, Gjermund Nesland has learnt how important discipline and focus are to ultimate success.
The best start-ups don't follow the expected norms and restrictions of established industries. They spot gaps, think outside the box, and bring skills together in new and exciting ways.
76% of the average South African salary is servicing debt. This is causing massive financial stress for blue and white collar workers alike. Do you know how your workforce is affected by debt? Are your engagement and productivity levels suffering? Hayley Parry and Gary Kayle of The Money School unpack the truth about financial stress.