What have your instincts been telling you?

Does it really matter that you are having second thoughts about almost everything right now?

 

This is an Open Letter from ME, Dear Woman, to my fellow “Woman”.

 

Dear Woman!

Why are you trapped in that job or situation?

Could it be that you are trapped because:

– You have a 2o year mortgage that you need to pay monthly?

– You have children going to school, and their educational future lie in your hands?

– Could it be that you find yourself raising kids alone? (You are a breadwinner)?

But you completed those degrees because you thought you’ll get a raise (and) After years of experience, you still find yourself in the same level, with little or no progress?

You tried everything you could, but don’t seem to move forward. You’ve given up and resorted to “slide” into survival mode. You find yourself caught up in office politics where you are expected to choose sides in order to be recognized. But “sucking up” is not your thing.

You feel so trapped, disillusioned, demotivated and “hate” your job, yet you have bills to pay. The scariest thing is that you are not sure of the future of your finances. (The life of other people are depended on You).

There’s so much I want to share with you. There’s so much I want to protect you from, especially relating to the way you are impacting your future. You don’t understand how the decisions you make currently have such a huge impact on your future.

There’s a prison that most of us live in everyday. Its called “mental” prison. It creates limiting beliefs, self doubt, fear and obstacles in the way of our happiness. This prison can drain the joy out of life, and it has a tendency to shatter dreams.

That is why I’m inviting you to look at this gift from me.

I’m gifting you because I’m concerned about you.

 

All I ask, is for you to look at this GIFT

 

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A word to my South African entrepreneurs

You better believe this….

In my observation as a business coach in the South African business landscape, our government is trying its best to support small business owners. This support however doesn’t reach small business owners that needs it. There’s a lot of red tape that we go through as business owners, with the result that we end up not getting this support from government.  As a result, most small business owners find themselves in “tendering”(getting contracts from government). Tendering itself is not for everybody.  Contracts circulate in the hands of the few.

I was been chastised the other day in a certain Facebook group when I mentioned that “tenders” will soon be ” a thing of the past”, because they are not serving the purpose they were created for initially. Most people in that Group felt strongly that tenders will never go away.

But we’ve heard what the Premier of the Northern Cape Dr Zamani Saul, said about tenders.

Image result for Dr Zamani Saul

This is what he said.

 

A New Trend of Entrepreneurs soon to emerge……

In his speech EFF CIC Julius Malema

Image result for julius malema

when celebrating their 6th Years anniversary  told his supporters that South Africa should open borders for our fellow Africans to enter and stay in South Africa as Africa belongs to Africans. Now we know who we are talking about. These are determined soldiers who run after opportunities. They grew up seeing their role models hustling. They master the world of hustling. Those that are in South Africa already, have mushroomed, and they are making it in whatever they do, while we as South Africans are fighting over tenders. As South Africans, we don’t want to start from the bottom and learn the robes. At least not all of us. Here me out, I’m not saying there’s anything wrong in doing business with big organizations like government.

Most Zimbabweans are residing in South Africa, doing odd jobs like catering, caretakers, petrol attendants, security guards, cleaning jobs etc., and these are individuals who most are well educated.

I was in a restaurant served by a wonderful Zimbabwean waiter, and we ended up talking about a possibility of Zimbabweans going back home. She indicated that most Zimbabweans really are waiting for their country to pick up economically, and they will happily go back home. But what was of interest to me is that she said: “mama for the 4 years that I have been in South Africa, there’s a lot I’ve learned in the hospitality industry, to the extend that when I go back home, with the knowledge I acquired, I’m going to open my own restaurant.” WOW! I was so impressed.

The second case is that of a young Zimbabwean Uber driver. In some cases, I get Uber from one place to another. This Zimbabwean Uber driver told me that it was His car. And I thought, Oh, you must have had a good job to buy yourself a car?  He said, No. We are a group of Zim brothers and we are in a stockvel where we buy each other cars. He said most of them own two cars and they are all operating under Uber and Taxify. So he has an employee already? a driver of the other car that he owns?

You better believe this…

If South Africa opens borders for all Africans to stay and work here, (which will be a good thing), there’s going to be stiff competition for a fellow South African who doesn’t want to do odd jobs and learn how the industry works. Imagine if the two people I mentioned earlier, do their businesses in South Africa? the one opening her restaurant, and the guy who already owns two cars under Uber, who do you think they are going to hire as their employees? ( I will leave you to ponder on the answer).

You better believe it. A new trend of entrepreneurs are emerging. Its only a matter of time.

Here’s a word to a South African entrepreneur who’s business is based on tenders: ” Can you step into a Ghanaian boardroom and pitch for a contract?” (or any other African country for that matter)?

You better believe it, we are getting there. That will be exciting times indeed, for those who has up skilled themselves with proper business skills.

Here’s what I am trying to say, entrepreneurs should learn how to do business. Develop the skills, acquire knowledge of how to run a profitable business. In the near future, favors won’t work. There will be stiff competition for limited resources.

Among many reasons why South African small businesses fail, as previous studies have shown, is that there are three common factors that lead to failure:

1. They get stuck

They worry a lot, and want to be perfect. What if I fail? What if  people don’t buy from me? What if, What if…and they end up being trapped and do nothing. And that’s when the business goes down.

2. They don’t have goals

Who can be successful at anything without aiming for it? Set a goal, and then work towards it.

3. Lack of focus

This is a major distraction. There are lots of noise and ideas out there, and if you don’t have goals that you are aiming at, it’s easier to get lost in the noise. You will get disrupted, move in circles and will never attain any milestone in your business.

If you want to find out how we can assist you to overcome, procrastination, lack of direction and focus, not knowing how to set proper goals, or any other challenge that you are currently facing in your business, contact us at:

info@maliscoaching.com.

 

For Your Support Always

 

Bontle Mali: Business and Money Coach

The Coaching Centre

 

 

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Business is about pulling each other up…

Here me out!

Why is it that most small businesses don’t survive the first five years of their operation?

I’ve mentioned in one of my eBooks that a survey was commissioned by  Adclick Africa Media Group, to offer a comprehensive assessment of the state of SMEs in South Africa. The focus of the survey was on the key challenges, opportunities, risks and proposed next steps. (South Africa’s SME Landscape: Challenges, Opportunities, Risks & Next Steps 2018/2019.)

The findings of that survey among others were:

Most small businesses in SA are relatively young businesses, with 60% of owners being in operation for less than three years. Most of them are operating their first business.

Most of these businesses fail within the first two years of operation. The reasons for their failure was found to be inability to raise funds, finding customers, wearing too many hats, lack of guidance, slow sales,  and unpredictability of business conditions.

These are common problems faced by businesses in most countries.

It is for this reason that most businesses are starting to form business partnerships.

A partnership is a legal relationship and agreement between two or more individuals to carry on a business as co-owners. They pull money together for a common purpose and share individual skills and resources to build the business.

The benefits of having a business partner is that:

  1. You’ll avoid paying tax as a business and as individuals at the same time. Which means you will not be taxed twice. Individual partners will file their tax returns through their personal income tax returns.
  2. Startup costs are low because there are partners and as a result, more capital is available for the business
  3. Two heads are better than one. Each partner bring their unique capabilities and skills, and they share the burden and frustration of running a business.  Each partner will always have the other one’s back.
  4. Most importantly, this is a platform to learn how to grow a business, how to grow as an entrepreneur, how to build reputational and credit scores together as partners, and it opens doors for each partner to pursue other business interests on their own without their partners, because there’s trust that they can do it.

With all this said, we have a platform that offers business owners an opportunity to form business partnerships. We offer them:

– A pool of potential partners to start and grow businesses together. There is criteria we follow to match you with  partners who are a good fit for your business idea.

– We provide a platform where together you’ll market your business.(or we market your business for you).

– We provide accountants who will keep your partnership books properly. And we provide lawyers who will draw a partnership agreement that spells out an exit plan for the partners and the business.

– And many more

Most people struggle to start a business, let alone grow it. Ideas die permanently because of lack of resources to start a business.  What we are offering is an opportunity  to start creating your own wealth. A partnership will boost your net-worth and will open doors of investors for you.

 

All you need, is to take the FIRST STEP.  To find out how we can match you with a suitable business partner, fill in your details here:   Fill In Your Details  and we will come back to you.

 

 

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