Common practice will be that you pay yourself the salary that you are worth based on either your talent, merit, market or experience you have in your chosen field. But in reality this is not the case because the new business does not afford you. So how do i calculate my salary? A business ownerContinue reading “HOW SHOULD I PAY MYSELF AS A SMALL BUSINESS OWNER”
Author Archives: Matsobanemetja Business Consulting
THINGS NOT TO SPEND MUCH TIME DOING IN THE NAME OF BUSINESS
Starting a Business is never an easy thing, it is a very challenging and lonely journey simply because how our friends started does not mean if we follow suit we will be as lucky as them. Getting clients, signing deals, getting capital, funding and getting some recognition has never been an easy exercise and unfortunatelyContinue reading “THINGS NOT TO SPEND MUCH TIME DOING IN THE NAME OF BUSINESS”
TIPS FOR A BUSINESS START-UP
The popularity of startups being taken for a ride has pushed me to tackle the issue a bit. Not a week goes by without me being called or e-mailed for an advise on some decisions to be made, and most of the time the start-ups are being put under a very compromising positions and unfairlyContinue reading “TIPS FOR A BUSINESS START-UP”
Time is of great value in the life of an Entrepreneur
Dear Entrepreneurs Let’s talk about Time. In my two years in Business there is nothing as precious and valuable as time. I have learned that who you spend most of your time with, where and how shapes you and the business. The sucess of your business is determined by your time spending. A true entrepreneurContinue reading “Time is of great value in the life of an Entrepreneur”
Passion versus Skill
A friend posted a question on Facebook: Will your skills and passion gives you a purposeful, fruitful and rewarding life? I volunteered to respond with a Blog on this question. However I had a blog post similar to this topic a while back: Talent is Overated in business. I allow you to visit the blogContinue reading “Passion versus Skill”
What is the most important factor in Business
Well, there is no straight answer to this, in fact there could be many different answers depending per an individual. But what I can tell you is that we will all answer as according to our area of expertise in a certain field and we still won’t be wrong by saying so. For example, IContinue reading “What is the most important factor in Business”
How to deal with your Competition in Business?
Often you hear people talk about protecting their new ideas. Do not be too extreme that you are not able to even bring the idea to life. Fact is whether an idea is new or old you will always have competition once it is brought to life. What you just need to do is toContinue reading “How to deal with your Competition in Business?”
HOW GREED AND NOT GIVING WILL COST YOU YOUR COMPANY GROWTH
Why must you learn to be charitable as a business owner? Besides feeling good when you give, it is also beneficial for both the giver and the receiver. Often people think giving is of monetary value only but in actual sense giving can be in a form of knowledge, skills, time, etc. I have realisedContinue reading “HOW GREED AND NOT GIVING WILL COST YOU YOUR COMPANY GROWTH”
How to guarantee a Repeat Business
We are often busy looking for new clients so we can provide our services or sell our products to. But should we? Do we even ask ourselves why the old ones are not staying with us? Or why are they not referring us? Our customers/ clients are too sensitive yet too special to us asContinue reading “How to guarantee a Repeat Business”
Why Negative / Slow Cashflow can cripple your Business
Any type of Business need a positive Cashflow. What is Cashflow? – is the movement of money into or out of a business, project, or financial product. It is usually measured during a specified, limited period of time. Measurement of cash flow can be used for calculating other parameters that give information on a company’sContinue reading “Why Negative / Slow Cashflow can cripple your Business”