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Ventureburn

  • The fintech revolution is here and disrupting banking, Bitcoin not so much…

    I have just returned from Money2020 in Copenhagen, effectively Disneyland for anyone interested in the fintech space. Themed "The Centre of the Revolution", the conference brought together the leading lights of the financial service industry, VC funds and also technological innovators. Just under 4 000 delegates from 70 Countries heard from 422 speakers including leading lights such as Sir Michael Morris, Chairman of Sequoia Capital, Carlos Torres Villa CEO, BBVA, Nicolas Huss, CEO Visa Europe, Blythe Masters CEO Digital Asset holdings as well as the head of Mastercard, the VP of Amazon payments, the CEO of Visa, The COO of...

  • 3 lessons learned from revolutionary changes in the ecommerce space

    With ecommerce rates increasing each year and becoming such a large part of the economy, a tipping point is fast-awaiting many retailers. Ecommerce in 2016 is set for a major revolution. People love to shop. People especially love to shop online because of the comfort it gives them to shop where everything is accessible anytime and anywhere. This access is exceptional - and not just for shoppers. Retailers also get 24/7 access to their customers, residing in different corners of the world. As a result, ecommerce has significantly changed the business model and revised the way shoppers approach...

  • 8 SA companies using the Uber business model to disrupt their industries

    Whether you like it or not, Uber’s on-demand business model has resulted in a flood of companies using a similar strategy. There are Uber-like services for rival taxi companies, doctors, massages and even dagga, showing that the business model is here to stay. What about South African services that use this strategy?

  • 3 key trends that will sustain long-term growth in Africa

    A troubled murmur spread through the investment community in recent months, built on speculation that Africa’s economies are losing momentum after a decade of stellar growth. Turmoil in the foreign exchange market elicited doubts among investors as they watched the Nigerian naira, South African rand, and Zambian kwacha take a beating against the major world currencies. Economic growth in Africa’s largest economies — South Africa and Nigeria — decelerated to low single digits and stoked fears of stagnation and recession. Read more on Ventureburn.

  • 7 tools that make an entrepreneur’s day simpler and more productive

    Busy entrepreneurs have many responsibilities to manage each day, from doing the admin and managing finances, to attending meetings, conference calls and networking to overseeing staff and communicating with customers and suppliers. During these busy times technology is a big enabler, entrepreneurs benefit greatly from the apps and online resources they have at their disposal. Below are some online resources that make an entrepreneur’s day simpler, more convenient and more productive. Read more on Ventureburn.

  • 5 startups that will help you automate SEO-related processes in 2016

    Although factors such as keyword distribution, domain age and URL structure still play a critical role in SEO, they are not really enough to get your website to the first positions in Google search. Instead, with the world of SEO shifting towards content and context, intelligent tools that help in gathering information on user behavior, media mentions, industry contacts and competitors have become essential for a successful SEO strategy. Read more on Ventureburn.

  • Don’t be fooled, starting a business isn’t easy

    Spend some time with your friends around the braai and everyone, at some stage, wants to do their own thing and venture off into Entrepreneurship. Unfortunately, less than 6% of the population ever will. Why is that? Business is relatively simple and there are enough examples of success out there to make it a worthwhile risk to undertake. Most people however know of the other part of the equation and the failures and difficulties. Perhaps that holds them back. Either way business IS simple but not always easy. The biggest factor in its...

  • 5 things entrepreneurs can learn from playing Fallout 4

    I know what you’re thinking: how on earth does a post-apocalyptic survival game have any lessons for those running a real-world startup, or maturing as an entrepreneur? To which I would reply, “plenty.” Fallout 4‘s a great game (if you’re interested in a review, Gearburn’s got your back), but it’s also a rather good teaching aid if you take the time to study it.

  • 4 reasons successful people celebrate failure

    Failure is harsh, unforgiving and brutal. Failure doesn’t see skin color, ethnicity or socio-economic background. It’s an equal-opportunity offender and is always lurking just around the corner. As an entrepreneur, the likelihood that your company will be worth US$1-billion one day is less than 1 in 10 000, or 0.0001%. Even for the ones that just do “okay”, the attrition rate of startups in the US is roughly 50%. If you’re going to build a business, or go into business for yourself, you’re signing up for some sort of failure. But that’s a good thing!Wait, what? Wait, what?

  • 5 important things I learned from closing down my business

    I owned and ran my own company not too long ago. I had managed to escape the shackles of everyday corporate slavery and venture out on my own. After a few years, the dream came crashing down harder than a 50 mega tonne nuclear warhead. The dream had ended, but, as I found out, it wasn’t truly over. During the process of closing down my business, paying back those that still required money, and trying to make people happy, I learned a few important things.

  • Venture Bus Tour aims to bridge the Cape Town and Johannesburg startup divide

    The Venture Network Big Bus Tour has come and gone, and while it only lasted for three days, there are big things to come from this initiative. Founded by friends Abu Cassim and Wayne Berger, the programme was created in order to bridge the divide between the startup communities in Johannesburg and Cape Town. The plan is to connect startups, investors, and spotlighting players to the VC community. Another point to the tour was to connect with like-minded individuals and to learn from previous success and failures. "Each ecosystem has a unique profile and set of strengths, through collaboration we can draw on the...

  • Solving global problems is the best way for Nigerian startups to scale globally

    Nigeria’s tech ecosystem is getting attention from within and outside Africa even though the ecosystem is less than a decade old. The successes of ecommerce giants, Jumia and Konga, were an eye opener to the potentials of the tech market in Nigeria yet few startups are profitable, very few are scaling up and expanding to other markets. Simeon Ononobi, Founder and CEO of MyAds.ng, an advertising platform that recently expanded to India and plans to roll out in more countries outside Africa, believes that the chance of Nigerian startups growing to become ‘unicorns’ such as Google, Facebook and Twitter is...

  • 10 must-have cloud software programs for your startup

    There are many great programs that can work for your business right now but some of the best are cloud-based ones. These are programs that you can access through any device at any time, thus giving you more control over a variety of business functions. Here’s a look at a few of the top choices that you can use right now.

  • Looking beyond the fear factor when selling cloud software to startups

    A common misperception is that SMEs using old software could put their companies at risk and that such solutions are based on databases considered to be “antiquated”. Most big service providers maintain a range of platforms – cloud, server and desktop - based on technologies ranging from legacy to cutting-edge. It’s good practice to support customers using your older software as best you can. Even with vendors trying to frighten them into buying new software, many businesses know that these security risks are reasonably small once you quantify them. Read more on Ventureburn.

  • Finding promise and consistency in turbulent times: lessons from the EU

    The first quarter of 2016 has proven grim for a number of leading markets, most starkly for the European Union. A year ago, the EU grappled with Greece’s sovereign debt crises and that country’s potential exit from the economic bloc. Instead of light at the end of the tunnel, the EU is now faced with the possibility of the UK renegotiating its membership terms — or perhaps leaving the governing consortium entirely. Read more on Ventureburn.