A McKinsey multi-year study involving in-depth interviews, workshops, and surveys of more than 2,500 executives in over 300 companies found that innovation involves a set of “crosscutting” practices and processes to structure, organise and encourage innovation. Continue reading “No matter how brilliant your idea if you don’t have resources, you won’t be able to get it off the ground”
We went to do some Christmas gift shopping at the Rosebank Mall, Johannesburg. I’m always conscious of keeping my parking tickets in my top pocket because I know that these shopping centres smack you with a heavy penalty if you lose your parking ticket. We shopped at several stores and when we headed towards the parking pay stations, I reached into my top pocket and found my parking ticket was no longer there. Continue reading “How shopping centres give a sour taste with lost parking card penalties”
You can read all the books you want to, consultant with the brightest minds in psychiatry and clinical psychology and listen to dozens of lectures by experts but ultimately you as the prime caregiver will have to do help your child who has a mental disability to find something meaningful to do.
Why do I say this?
It’s because each person who has a mental disability is different, at a different level with the disease and responds differently to suggestion, to encouragement and to support. Continue reading “How do you find meaningful work for a child who has a mental disability?”
A few weeks ago I met a small business person who I haven’t seen for some time. He was successful at one time in the financial services sector but through personal circumstances he eventually overextended himself and lost almost everything.
It’s hard to pull yourself back from financial disaster. Second acts are not easy. After you have got a real good hiding out there in the marketplace, a bloody face and a dried out bank balance, it takes special character to pick yourself up and start anew. Some people may simply give up. Others may even take drastic measures such as turning on themselves – one small publisher I knew got into deep financial trouble and turned a gun on himself. An even smaller group of people will decide to try again and give it their best. Continue reading “Can you make it second time around?”
If you want to form and run your own start-up business, you won’t find it landing up on your doorstep ready to turn the switch. It will take acquiring new knowledge, experience and time and effort. If you’ve never started or run a small business before, there is no other way but to put in the hours.
Where do you start? It all begins with a seed of an idea. Some instant experts claim that an idea is 1% of what it takes to start a new product or service and the other 99% is execution. It’s probably 20% idea and 80% execution. Why do I say this? It’s because you’re unlikely to come up with one promising idea and use it straight off the bat. If you have a look at my book “Breakthrough Ideas”, you’ll see that you need to generate or find several ideas before you come up with something that matches your potential market, your passion and your own skills and knowledge. Continue reading “Passion is not enough – compact guide in business and entrepreneurship for college and university students”
You get people shouting stuff about small business ideas all over the Internet. One guy was screaming to get attention with the statement that an idea is 1% of success while execution is the 99%.
There is also that statement about 20% or even a lower 10% of ideas succeeding in their first year. This has merit when you consider that the study found that venture capitalists only express interest in fewer than 5% of new start-up idea proposals they review (Source: “Are “better” ideas more likely to succeed? An empirical analysis of start-up evaluation”). Continue reading “Evaluating business ideas for college or university leaving graduates”
Many people are sitting pretty now that they own two or more properties and draw incomes (with annual increases) — monthly incomes that will keep them going for the rest of their life.
These people had the good fortune to inherit money or they made it over a long period before they could buy their two properties.
This is an incredible form of secure income. So don’t read further if you are awash with money.
This post deals with people who want to come up with lifestyle business ideas. Continue reading “An overlooked source of business ideas that may help you find yours”
We drove out during the festive season to Millers Point to buy fresh Snoek from the professional ski boat fishermen at the Rumbly Bay slipway.
The Snoek was in very good condition and was a large one with a humongous head. I couldn’t throw the head away because it had so much potential to make tasty Snoek head soup. This delicacy was a staple in our household growing up. Continue reading “How many business formats do you know that remain a sure thing like snoek kop sop?”
A while back a report stated that more than 40 tertiary colleges were degree or diploma mills or not properly registered to do what they are offered. These so-called colleges inflict financial loss on unsuspecting students who spend their money on certificates that carry no weight or future. It is also a disappointment and setback for young people who think that these qualifications can be an entry pass to the future. Continue reading “Promises flying like lies from politicians’ lips”
Marketers who have got hold of your email address send you information about clever “retirement jobs”. But when you get to see these lists of jobs you wonder how realistic they are in the real world. How can these so-called “retirement” jobs be applicable to your individual circumstances? Do they really get your heart beating faster?
Take this list of jobs that is supposed to be some of the top retirement jobs: Continue reading “If these “clever” retirement jobs are just fantasy, can you realistically find something that in your heart of hearts is what you always wanted to do?”