Running a small business in South Africa is an exciting adventure, but it’s tough. Despite the challenges, it is very possible to get a profitable business up and running quickly. Starting a business and multiplying its revenue over the years may seem baffling, but in reality, the key tenets are simple. If you are thinking of starting your own business or recently opened a startup, here are some top tips for a successful venture, from some true Heavy Chefs.
Expert business advice from phenomenal leaders
Vusi Thembekwayo, Global business speaker, former South African Dragons’ Den judge and serial entrepreneur.
“Passion is not enough if you want to be successful. Just about everyone has passion — passion is standard. You can bet that all your competitors are just as passionate as you are. What does this mean? It means that passion has become boring. If you want to be successful, you need to be utterly obsessed. You need to reply to customer queries after 5 pm on a Friday. You need to cringe when someone tweets about a bad customer experience. You must always be switched on — you need to be present and relevant at all times.”
Manny Rivera, CEO of Planet Fitness
“Take on the big player. Believe in yourself. Know you’ll build a big business that’s profitable. If you have the passion and you’re able to reverse engineer your success with a step-by-step growth plan, you’ll reach your dream”.
Carrol Boyes, Renowned South African artist and designer
“Nineteen people may love your work, but the twentieth one will hate it and will tell you so; you cannot allow that to affect you. That may sound trite, but there is huge risk in letting criticism get you down.”
Spike Lee, American film director, producer, writer, and actor.
“I believe in destiny. But I also believe that you can’t just sit back and let destiny happen. A lot of times, an opportunity might fall into your lap, but you have to be ready for that opportunity. You can’t sit there waiting on it. A lot of times you are going to have to get out there and make it happen.”
Divine Ndhlukula, businesswoman, founder and Managing Director of DDNS Security Operations Ltd.
“Success depends on employees. For me knowing and connecting with my employees is very important.”
Before you take the leap and pledge your allegiance to the road of entrepreneurship, have a look at what Andrew Smith, CEO and co-founder of Yuppiechef (Africa's largest online cooking store) shares about his journey to a successful e-commerce startup. You can watch it below.
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