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Showing posts from April, 2021

Build!

  I hope you have evaluated yourself on why you are doing the things you are doing. I assume that you have decided that you are doing what you are doing in order to build a sustainable business.  We all know what a business is, one offers a product or a service at a price. This is however not the side I am looking at this week. I want to look at the structures behind the transactions. Out of the 5 business structures we have in South Africa I am specifically looking at a company ( Pty Ltd).  This has ownership and management. Owners are the founders, and directors  and it is required that there should be a board where decisions and other matters are discussed. Then we have management(CEO,Managers) these are the people that manage the daily operations of the company.  We have to understand that you can own and not manage a company.  So when you start a business you need to decide on what you intent to do in the company. You can be owner or the manager. Howev...

In it for Business or Money?

  Business or Money In the past month we were talking prayer and how we need it to centre ourselves and find direction for our businesses. For venogeoup there is alot that has changed, there is new clientele, new feel and a clear spirit of what one is supposed to do. I hope that we continue praying and meditating. This week I would like to talk about Why we are selling what we are selling. I am touched by this topic because I have a situation in my business where my profit  has decreased, this is due to external factors like increases in prices and others.  During a particular consultation I brought up the issue and I had an idea to discontinue the course of selling the product. But I was smacked by this question " Are you doing it for money or for building a business?" At that moment I really couldn't answer the question. So I did some thinking.  We all know that businesses fail in the first 5 Years and this is because in this time we are not making any profit, what...