TIISETSO MALOMA

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South Africans do actually save, and the needs for economic growth

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Whenever the economy is not going so well, I often observe the blame being laid on consumers. To the contrary, I believe we South African consumers do save. I understand the reserve bank has to curb things or encourage them, by stepping in now and then.

To farce a bit, my cousin is still waiting for my response on an invitation to join their ‘wedding fund’ stokvel. You see, South Africans save. I speak for my black community, I don’t totally know of white folks. Definitely Indians save.

Below are some reasons I say South Africans save, some are a bit outlandish, but I will interject with reasons as to why. Read more

A magician’s model VS. a business model

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This is an extract from this article here

Wikipedia says: “A business model describes the rationale of how an organization creates, delivers, and captures value (economic, social, cultural, or other forms of value).”

Therefore a business model is primary for entrepreneurs to understand. As it’s the magic of creating and/or innovating value in products, turning revenue (profit) on the value and growing your venture.

Think the TV series Breaking The Magicians Code, the business model is the trick (not actual magic) which the magician devices, hoping it will give people transcending entertainment. I guess a good magician comes up with new tricks or innovatively recycles.

Us the audience, see the trick in its final form, now as magic (oh such joy and intrigue Read more

Are you un-networking?

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Networking is supposed t be a maneuver wherein one links with people in one way or another; with the intention of deriving or attracting future value, through putting out information which might benefit them-people, even if you don’t directly gain. This is hard for me to explain, but I trust you get the gist of what networking is.

I’m becoming less of a terrible networker. Maybe it’s because I know how I add value to processes, businesses or people. So when you ask me what I do, I just shout how I help out where I help out.

At The Hookup Dinner a while ago (it’s a networking event for entrepreneurs ok), I heard the networking queen (Helen Nicholson) say, when you tell people of what you do, say something like: I specialize in helping businesses achieve one two three. Not her exact words, but you catch my drift. This way of explaining exudes trust, and is welcoming, and leaves room for further conversation.

Un-networking

This is something perhaps a lot us of do unaware. We tarnish the value we possibly possess/portray, or chances of attaining any value. Read more

The compassion of a business model

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Keep going. This is the generally given advice on tackling and choke-slamming doubt, and the feeling of ineptness that creeps in on one, when one’s executed actions towards a goal aren’t proving fruitful.

I did this with gabble heights Clothing, I even paused/abandoned other business pursuits to zone my focus on one unit of enterprise. Months went by; sales weren’t that great or even improving. Other income opportunities were lost of course, now came in the daunting and depressing feeling of not affording one’s self: shelter, food and R45.00 for a six pack of Windhoek beer.

Mentally I wasn’t ok, physically I was doing well (exercise is good for the mind), but I was ‘keep going’. Read more

Dear single ladies

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Dear single ladies

1. As you are pretty and, you look after yourself, guys will approach you.

2. Their approach will entail trying to be interesting or building interest.

3. In exchange you will respond however (positive or otherwise).

4. Regardless of the response, they are probably talking to you because you are pretty. That’s A; B is, its up to you if pretty is the operative foundation of what will be. If so, then getting a taste of your prettiness will be the roof (the end). Then you will feel used (maybe).

5. If a guy is trying to interest you, if you like him, put across your interesting-ness and integrity.

6. Your integrity challenges a guy to stand up and act worthy of you.

7. Therefore, a solid relationship is based on exchanging interests and integrity, and the differences not pulling the other down, but up!

With love!
Bro T (I could be wrong)

The bug in South Africa’s economy hindering job creation and prosperity for all

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As South Africa’s GDP is the largest, but with more unemployment than some countries with a lesser GDP and with more people. Who then is enjoying a bigger chunk of the GDP? It is foreign investors and elite locals.

The question could be, how then to liberate our GDP so that it’s enjoyed by a deeper percentage of the population.

One could say through intensifying affirmative action especially in the business sector. But that would be missing the point why we aren’t creating jobs. Read more

Book – Forget the Business Plan Use this Short Model, By Tiisetso Maloma

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Find this book on Amazon, my webstore (if you’re in South Africa), Takelot.com, or in South African bookstores (Bargain Books, Exclusive Books, Protea, etc.)

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cover - Forget The Business Plan Use This Short Model

FORGET THE BUSINESS PLAN USE THIS SHORT MOD is an entrepreneurship management tool or business model called EBC Business Model Canvas. EBC stands for Essential Business Components. For a free one-page EBC Checklist, find or download on Google.

This book is an entrepreneurship made uncomplicated and efficient! Read more

Strategy on formulating an approach to the price quoting stage

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The quoting process needs to be afforded a psychological strategy and continuous training. It should not be as easy as hiring someone, giving them cubicle, phone, email address and a chair.

Its one thing when people see your company’s awesome and attractive advertisement, and when they do call in to enquire.

Sit down with the whole of your team regularly (especially marketing and product development/innovation); discuss how the quotation process should go to catch sales. It’s in understanding what your product can do versus what the prospective customer wants to achieve. Business is about offering value which clients use to leverage their business dealings, not ripping people off. Read more

Using your passion to kill procrastination

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Hard work is procrastinated but fun work is done now.

Finding the passion

I take it you are determined in whatever field you are in and also aspire to achieve a certain career goal.

And we are all passionate about something. But we can agree that procrastination hits us when we try to action our passions. Anything before taking the first step towards achieving a goal is a mere dream, a mere fantasy.

Thinking of your dreams brings about this joyful sensation. I’m sure achieving the actual dream would bring riveting joy than the fantasy of living the dream.  This riveting joy is fulfilment and happiness, as a benchmark can be pointed and quantified. Read more

Lies told to kids about education

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I recently posted a tweet saying “education does not create jobs”. Yho; the lambasting I got was of a bull’s rage”. I wonder what wrong I uttered. I say it again “education does not create jobs; or rather our education”.

Having a formal education and being an entrepreneur are separate cases. Yes a doctor can open a private practice. Yes of course he is selling off the education he was taught. The other part is that a non educated fella can start a business. Maybe even a medical practice; where certified doctors operate. I’m sure you get the picture I’m drawing. Read more

South Africa today greatly challenged outside Apartheid

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Thanks to our struggle heroes, today we can utter ‘us’ in reference to black, white, coloured, Indian and the other races that make South Africa.

Apartheid has done disfavour to the progress of South Africans, more especially to blacks. Undeniably, apartheid was about economics, favouring one race and brutalising others.

Post 1994, we have worked hard to achieve ‘us’ in reference to all races of South Africa. Social programmes and economic programmes were devised to rid the harm that apartheid and colonialism had endorsed.

Of importance in building South Africa is not only ‘bringing us together’ and affirmative empowerment, but mainly forward peering economic development models and innovations. Affirmative empowerment can’t thrive outside holistic economic growth. Black economic empowerment through government tenders should not, as it is, disrespect private South African economic growth. Read more