Rural Business

 Women! A specie that was made with a bone, this specie of the human race is able to conquer and uphold nations. In the past centuries women were subjected to household chores but that has drastically changed, we have women doctors, lawyers, engineers, you name them. In business we also have female CEOs, CFOs, founders and entrepreneurs. Women are doing great things in the corporate.  Big Ups to women.! Innovate and add Value

                Women in small business and  entrepreneurship In the past four decades we have seen women rise from all sorts of exclusion, we have and still are seeing more women engage or rather take leadership positions. They are taking up careers that were dominated by men. There has also been an increase in the number of ownership in small business by women; this is a result of the increase inclusion of women in the education and training, policies like the BEE and other women empowerment programs. At Veno group we are happy to be celebrating women’s month with you.   We will therefore be sharing some insights on how we women rock business. I however have to state how disappointed I am in the number of young women who own their businesses where I reside. I wanted to feature them on the blog but I tried engaging some and the response was negative. I still urge more women to start their own businesses. Innovate and add val...

 

  How best do you know your industry? Do you know the lasted technological inventions that will have a huge impact on how you do business? I was helping a client who is in construction  with some research and the things I found are astonishing. There is a new technology called a ABT, this is like nothing we have ever seen. It is now amazing how a house could be built. This technology those not use the traditional materials we  usually use.  With this I asked another client how well they know their industry and the person was unresponsive. It then dawned on me that most businesses are not looking for new ways to be innovative, effective and cost efficient. We need to take some time and know where we are heading. This is crititical especially when we want to be competitive and own the market, the new technology might be expensive but we will be knowing what we are working on and how it will impact our business and besides companies want to work in South Africa, just im...

I have been seeing posts about how to start a business. The first step is to register  the Company, get a tax number, register on the government database and have a website and other do things .   Every time I see such posts being shared I burst into laughter. You can have all these things but not a viable product/service or there being a zero market for it. People you can't thumb suck business  without patience, sacrifice and suffering. You need to be plugged into some energy and not give up. Starting a business is hard work, it's not some registration on  paper, website or any of those mentioned.   My advice is before doing the admin, take the business into the streets, do it practically, check if people are vibing with your offering.  You can alsodalso something related to what you want to do.   For example if you want to be in property get a shack somewhere and rent it out, see how this works, use the rent money to get another then another. Th...

I have realised that time is such an important factor in business. The availability of your product/service is very critical. Customers want to always get what they want whenever they want.  How do you then meet such demand? Well you open an hour before your competitors and close an hour after they closed. There are also other ways one can  explore to always avail their offerings. We also have to mind lead time, imagine someone waiting an hour for a kota? This is just crazy. But what about value? Should value be compromised because of time.? Of course no! Quality and value addition is what drives a business.  We have to teach our employees to always add value at a fast pace. But then again how do we do that? We just have to do and find ways that suite our businesses. Rather have more employees than have customers wait for long. Value is more important in this era. More value results to more clientele. Time is all we have, time is money.Literally!. Innovate and add value.

As a start up of anything. We  lack funds and there is no one who is willing to just fund you, no matter how much you need.  Now one has to marry the idea of having to do what one must do in order to do what one wants to do. Now this is not easy, this could be taking a part time Job, selling in the streets, any other  side hustle you can do, do it.   Always keep your eyes on the goal even if sometimes  it means derailing for some time just to make some cash. Innovate and add value.