–by Mauritz Bekker– We are all born as highly innovative beings who love to explore, invent and create. We are also provided with numerous problems, screaming for innovative and creative solutions. All we need is the freedom to apply our talents in solving these problems. We therefore need a climate of basic law and order [...]
19
2011
12
2011
by Clem Sunter The level of anxiety is definitely rising in South Africa. As Chantell Ilbury and I say, we cannot eliminate your anxieties; but we can structure them in a way that you can have a rational conversation about them. We still think the scenario gameboard we have used for the past few years, [...]
6
2011
Steve Blank Serial Entrepreneur and Author; Entrepreneurship Lecturer at U.C. Berkeley, Stanford University, and the Columbia University/Berkeley Joint Executive MBA Program “Entrepreneur” has become one of those buzzwords (like “globalization”) that often means different things to different people. This is understandable, given that there are four distinct organizational paths for entrepreneurs: small businesses, scalable startups, [...]
29
2011
Is there difference between strategic thinking and strategic planning? There is an ongoing academic debate regarding the difference between these two concepts. Many theories have been developed ranging from, the one is the flip side of the other, up to a model aiming at describing all the dimensions and inter actions of strategic thinking. Practicing [...]
22
2011
Economic activity started when ancient entrepreneurs used bartering as an economic need satisfying process. For example, an entrepreneur with the abilities to make effective knives would barter his offerings for other need satisfying products/services. However, optimum trade with this bartering process had a serious limitation. Trading could not take place in cases where demand and [...]
An entrepreneur is a person, who have entrepreneurial abilities and utilizes these abilities to practices entrepreneurship. The term entrepreneurship can be defined as: “The ability to provide better and/or new solutions to general problems people have. These solutions are in the form of products and services which are sold at a profit in the market [...]
8
2011
The concept “marketing” was developed by entrepreneurs to provide their organizations with a competitive advantage at a time in the middle of 19th centuary when healthy competition between firms started to erode sales volumes and therefore also profit margins. You will realize in reading this compact article that the basic logic, which underpins the concept [...]
If you understand how demand and supply determines the prices of all products and services, including the price of money (interest rates), reading the economy becomes very easy. Take a while and recall any auction you have attended in the past. You have surely experienced that a strong demand resulted in high prices as well [...]
22
2011
A SUCCESSFUL ENTREPRENEUR MUST BE A STRATEGIC THINKER You ability to think strategically is of utmost importance in order to grow your business from small to big. The ability to think strategically is not rocket science; it is simply something you have to do, if you know how to do it. Strategic thinking is, simply, [...]
19
2010
- Compiled and written by Entrepreneurial Business School – RICH OR POOR – WHY? “Rich” or “Poor”, however relative statements, are normally used to describe the financial status or buying power people have. In this article we are going to explore the fundamental reason or reasons why some people are “rich” and others “poor”. In [...]
