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Big match temperament is a prerequisite for entrepreneurship.As an entrepreneur you have to make big decisions on a daily basis that impact various aspects of your company. ‘Going with your gut’ is great for intuitive leadership and direction for your business, but when it comes to financial decision-making when steering your business, making sure that you have thoroughly thought through all the implications of a big decision greatly increases your chances of it being the right one.Read more on Ventureburn.
The concept of UAVs (Unmanned Aerial Vehicles) is one of those terms which has ruled the headlines over the last few years. These flying machines, also known as drones, have captured the imagination of Silicon Valley geeks and anti-NSA activists paranoid about their privacy, and caused the US military some controversy.Fitted with a camera such as a GoPro, commercial examples of media innovation include the ability to get top-view shots of chaotic protests. More lighter, friendlier examples include capturing monkeys ...
A new Ghana-based startup wants to give small African businesses a leg up via an online portal that provides tools and resources for financial management.While studying Economics and Management Studies at Princeton University, Start Smart founder and CEO Juliana Taylor became interested in emerging markets and business development within those regions. "I enjoyed the prospect of being in an environment that was unpredictable and would constantly challenge me," she explains.Read more on Ventureburn.
Built in Africa focuses on entrepreneurs, startups and technologies that are born on the continent and empower the continent's citizens.Online communities and discussion platforms are the cornerstone of the internet. In this second instalment of our "Built in Africa" series, we feature one of the most prominent online communities to come out of Africa -- Nairaland -- and its founder Seun Osewa.In Africa you don't really hear about forums or insanely popular platforms (which work like Reddit or Craig's List) that are built ...
Being a director of a small to medium enterprise (SME) is both a science and an art. While it requires the same fundamental skills as those required for corporate environments, the unique nature of the SME environment requires additional skills and abilities.As with corporate governance in larger organisations, foundational knowledge of governance principles, King III and the fiduciary duties of directors is essential. This includes both an academic understanding and a practical knowledge of how to translate governance principles into ...
"You're only as good as your last game," is a common saying in the world of sport. The same goes for business and sales, and especially when a company relies on its product to sustain itself from the get-go (instead of a providing a medium- to long-term promise to investors with open cookie jars). Software company Journey is one of the many startups in South Africa and the rest of the continent that decided to self-fund its business.The company made its ...
Well this is interesting. Facebook has been on a Yahoo-cum-Google spending spree of late. As everyone who cares and some who don't now knows, the social network has doled out US$2-billion on a startup that hasn't actually finished building its product. Welcome to the "Unicorn Club" Oculus."Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate," Facebook CEO Mark Zuckerberg said in a statement following the acquisition announcement.Read more on ...
The Protection of Personal Information (POPI) Act was signed into law last year. It places a strict onus on businesses when it comes to handling personal information about their clients, staff and customers. This includes, but is not limited to, their contact details and biometric and demographic information. The Act stipulates how companies may collect, handle, store and discard information, with heavy penalties for those that fail to comply.A lot of cybercrime today is geared towards stealing personal information for ...
Built in Africa focuses on entrepreneurs, startups and technologies that are affecting the continent and empowering the African people.When you look at the supposed "dark" continent, its social and economic problems are abundantly clear. But it seems that Africa's entrepreneurs are stepping up and trying to find ways to solve some of these challenges.There is a global energy crisis, and Africa in particular suffers from a shortage of power and alternative clean energy sources. In this first installment of our ...
In my last column, I discussed the key differences between a craft and an enterprise and explained why an SMME can only become truly sustainable once it becomes an enterprise. The successful transition from craft to enterprise requires the implementation of an effective governance process in your business.While many SMME owners claim to understand this concept, they are often reluctant to make this transition in their own business. But why are SMME owners so hesitant to implement the changes that ...
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