Tag Archives: leadership

Do you have what it takes to be an entrepreneur?

So you think you have what it takes to be an entrepreneur? Sure, it’s great to be a leader and to make your own decisions. But do you have what it takes? There are many things for an aspiring entrepreneur to consider.

YE3BR41KSE (1)Creating a business takes a considerable financial investment, a lot of time and many, many hours of hard work. Your starting point is therefore to ask yourself if this is really something you can see yourself doing for the next years. As mentioned on entrepreneur.com, there is a big difference between wanting to be able to make a living doing something, and the actual chance it’s going to work out.

Follow the leader

Are you a leader or a follower? Are you comfortable directing a team of employees? It is very likely that you will be hiring staff at some point, even for a starting business. Keep in mind that leadership skills are a part of making it as an entrepreneur. Good leaders make good entrepreneurs.

Money matters

How do you manage your money? There are really only two options: either you make it through the initial stage and get to build on your investment, or you don’t, which will be the end of your business. An entrepreneur knows how to handle uncertainty, and knows finance through and through.

Do what you enjoy

Seek out your talents and let your interests decide where you will go with your business. It’s all about distinguishing yourself out there, and what better way to do so than by doing something that you love and know everything about?

Business time

Your business plan is your bible. A solid business plan takes into account and analyzes as many different situations as possible. This is where your keen insight and experience with corporate and finance come into play. Formulate your goals and most of all, how and when you are going to achieve them.

Know your customers

 Yes, the start-up of a new business is a hectic time. But the fact that your business is small scaled has its advantages. It allows you to get to know your customers, for example. In the corporate world, most customers are just some file on a computer. Work on a personal experience for your clients, they will be sure to appreciate it.

It’s all about creating a competitive advantage: something that makes you preferable over your many competitors.

Invest not only in your business, but in yourself

Keen entrepreneurs are always on the lookout for ways to improve themselves.  This means you should keep cultivating yourself, your talents, and your interests. In other words: go to conferences, take courses and read books on relevant topics.

The best advice to anyone that is an aspiring entrepreneur is arguably: ‘Know thyself.’ It takes certain skills to be an entrepreneur. Being honest to yourself about whether you possess these assets is the very first step on an exciting road to building up a business, or choosing a career path that better suits you.

 By Laura Macek, Journalism and Content Intern at Who’s Who

African Proverbs and Quotes that Leaders need to hear now

Africa is home to many wise leaders. Although many of these proverbs and quotes are traditionally offered as moral guides in the spirit of ubuntu, leaders and their teams can learn from them too.

African Proverbs and Quotes teach us that…

Working together as a team is the quickest route to success:African Proverb team workTanzania proverb

A team is strongest when acting as a unit:Bondei proverbAfrican ProverbTeam Work African Proverb

A wise leader is one who learns from other opinions too:Ashanti proverbAfrican Proverbkenyan proverb

Learning is a process and we should therefore remain humble:African Proverb learnTanzanian proverb

Mistakes aren’t necessarily bad if we learn and grow from them:African proverb learn

A respected leader leads by example:Ethiopian Proverb 2

A leader educates himself before making decisions:kenyan Proverb reasoningafrican Learn proverb

A leader should welcome help and advice:Ethiopian ProverbNot to wish to know African proverb

Personal gain is a myth:Chinua Achebe quoteMisfortune teaches wisdom proverb

Each team member should complete tasks that plays to their best skills:Desmond Tutu quote

Each leader possesses the ability to be great:Nelson Mandela quote

Here are a 20 more motivational quotes to keep you going.

Africa’s Millenials attend Tomorrow’s Leaders Convention

On March 20, hundreds of Africa’s inspirational Millenials couldn’t have chosen a better place to be than at the 7th annual Old Mutual Tomorrow’s Leaders Convention. Held at Johannesburg’s Emperor’s Palace, the Tomorrow’s Leaders Convention ensured that these future leaders left with an even greater drive to shake organisational norms and achieve more success.

Once again Who’s Who SA had the privilege of attending the event.

TLC 2015 stand

Among the impressive list of speakers was Maggs on Media TV host, Jeremy Maggs who was the Master of Ceremonies, Managing Director of Old Mutual Mass Foundation Cluster, Bongani Madikiza and Tumelo Mothtoane, SABC 1’s news anchor.

Sharing some riveting stories and stirring up some serious leadership spark was the DJ Sbu‘s Leadership 2020 team. Jackie Phamotse, Chief Executive Officer of Brand Fanatics and Mofaya Beverages Distributor encouraged the future leaders to have no boundaries and to do anything in their power to achieve what they feel needs to be done.

Leadership 2020 teamSpeaking about Shattered Innocence, her urban lifestyle book, Phamotse said, “I wrote this book to ensure that whatever challenges we have, whether social problems or an educational scares, we deal with those issues. If you do not understand where you’re going, you’re not going to be a leader,” she asserted.

Famous faces panel

Sitting among the famous faces panel discussion,  president of the South African Football Association (SAFA), Danny Jordaan advised the young leaders to create opportunities not only for themselves, but also for society. Younger South African entertainment personalities, including Pearl Thusi, Maps Maponyane and Jimmy Nevis, also shared some wise words of wisdom from their professional experiences, encouraging the attendees to grab the opportunities presented to them.

Did you attend the Tomorrow’s Leaders Convention? Visit our Facebook and Twitter pages and tell us about your experience.