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FEBRUARY 2019 | ISSUE #3

w w w. b b u l le t i n . c o . z a

LOAD-SHEDDING
A THREAT TO TOWNSHIP BUSINESS
CORRUPTION

WINE EXPERIENCE

HOW TO GROW Public Enterprise Department re-


cently informed parliament that
The President expressed his shock
and anger to the announcement
sustainable power. Ramaphosa
cautioned the power utility could
tariff from the National Energy Reg-
ulator from the year 2019-2020 and
YOUR BUSINESS Eskom is in trouble, and advised
the power utility is in the brink of
that Eskom was implementing stage
four load-shedding on the 11 Febru-
damage the economy. “The conse-
quence may be painful, if we delay
we know the regulator has been
holding public hearing on the mat-
IN 5 SIMPLE STEPS bankruptcy the coffers will run dry
in April 2019 if no life-line is afford-
ary due to failure of six of its power
generating units. In his state of the
in taking action, in responding to
this crisis.” Said the President. His
ter. Now the National Energy Reg-
ulator of South Africa has referred
ed to the utility. nation address the President con- interest is to minimise and adverse the matter for public comment.
ceded the power utility is in crisis. economic cost to the customer and
Eskom’s power woes are a threat to the taxpayer Whatever the outcome of the Na-
township business, load-shedding Eskom’s National Spokesperson tional Energy Regulator of South Af-
cost over 2 billion rand a day and Khulu Phasiwe acknowledged the Without giving much detail the rica, it is clear South African citizens
most at risk are township business- power grid is severely constrained President has pledged the govern will pay out more for electricity.
es including black employees are at and that load-shedding is coursing ment support to Eskom, more de-
risk. investor uncertainty for the country. tails on the financial support that In his speech the President said, re-
The persistent of power cuts will This was the sentiment share as a government will afford the trou- lating to Eskom “it will need more
cost SME’s money the impact of low concern by the rating agency. bled Eskom. revenue through affordable tariff
productivity will ultimately leave As to how much will this help be, the increase” this is one of the urgent
businesses with no option but to Moody’s said, is concerned that that answer to that lies in the upcoming steps to help the power utility in the
retrench. Any retrenchments will the financial woes of the utility will budget speech, by Finance Minister country get on track hopefully to
affect black communities more and not be solved by the unbundling of Tito Mboweni on the 20 Feb 19. its glory years where the electricity
this will increase the number of un- the power giant, and that the com- giant was profitable with surplus in
employed and plunge black com- pany’s challenge for the next year Eskom has applied for a 15 percent the bank and the grid.
munities to more poverty. will be on generation of more and price increase for the electricity
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EDITORS NOTES
Once is mistake, twice is a coinci- This is an entrepreneurial publica-
Isaac Mavuso Publishing Editor
and influencing the economy, as what you liked and what you would
dent and thrice is a commitment tion aimed for you our township well as to know what is happen- love to see in the future. Please sign
and a mark we are here to stay. hustler, a dreamer and the hopeful ing in relation to entrepreneurial up to receive the electronic version
This is our third instalment of our lover of entrepreneurship. The pub- events, support, motivation and de- of the publication on your smart
publication. The joy it brings us to lication seeks to provide township velopment gadgets.
be your newspaper of choice for entrepreneurs with relevant and www.bbulletin.co.za l www.isaac-
your entrepreneurial news fit for compelling business content and a We would love to hear from you, mavuso.co.za engage with us on
you. glimpse on the issues impacting comments about the publication social media.

B I Z B U L L E T I N LIBRARY CHALLENGE
BUILDING MY EMPOWERING OASIS,

- One Book at A Time -


CELEBRATES SOWETO GOSPEL CHOIR that have stood the test of time
and are relevant today as they have
been years ago. They carry secrets
of ages which billionaires and mil-
lionaires or our time have read,
used and were hooked.

Many rich people claim and attri-


bute their success to these books.
We can’t promise you will be a mil-
lionaire, but we promise you can be
the same after reading these books.
You will be introduced to basic yet
profound principles that will radical-
ly transform your life.
We are inviting entrepreneurs to
build their oasis, a conner of in- Some of the books are available as
formation and empowerment for free downloads on the internet or
your growth and development. you can buy, invest in your growth
development. I am so EXCITED.
“If we encounter a man of rare in- Book Number 2:
tellect, we should ask him what The Art of WAR by San Tzu
books he reads.” Ralph Waldo Em-
erson This a very old and intriguing book,
We celebrate the dedication and commitment of Soweto Gospel choir for their third Grammy but the content is a relevant as
Award. This one is very special because you shared with the world our melodies, songs that Reading is an empowering expe- it was then if not more today. It
kept the black people encouraged and united throughout South Africa. It was staff of hopes and rience and exercise, you dive in a speaks of leadership and strategies
dreams. FREEDOM is what we achieved through those songs and passionate chants. We thank world of a writer to learn about to achieving great results in battle
you for being the Ambassadors of ART AND CULTURE for South Africa all around the world. authors perspective and approach or war. What I really like a bout the
to things, their thought hopes aspi- book, it really tackles strategic lead-
rations, hunger, pain, joys their lives ership about winning battles and
journey and more in just a bind of wars with minimal yet strategic ef-
fort. But hope that going to war as a

TO ADVERTISE WITH US
a book.
last resort and a need that is essen-
With every publication we are going tially an engagement you must have
to suggest and introduce a book to win even before you get in to battle.
www.bbulletin.co.za | info@bbulletin.co.za | 081 571 1658 buy and read for the month. We in- The book was a guide for generals
vite you to read one book a month and war leaders, but its relevance
BizBulletin is compiled by the BizBulleting Team, Edited and Published by Isaac Mavuso. Layout and design by and start building your library. The comes down to individuals, groups
Jemito Khoza. Contributor Marang Marekimane Found of Business Process Machenics books we are going to share are and businesses. It is a must have
books treasures and a must read and share.
BBTeam

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HOW TO MAKE UNIFORM


ORGANISATIONAL PROFILES
S H OW C A S E T H E O R G A N I S AT I O N N OT T H E I N D I V I D UA L S
ORGANISATIONS SUCCESS
LIES IN A WELL DEVELOPED
AND COHERENT MANAGE-
MENT ON THE SYSTEMS AND
STRUCTURES SET FOR THE
EASY FLOW OF COMMUNI-
CATION OF THE ORGANISA-
TION, INTERNALLY AND EX-
TERNAL.

Business can be a brutal


game that favours the bold
and dedicated to have their
names written in the books
of life. It is a bout mastering
the basic and looks.

Organisations must work in uni-


form and all their documents must
be standardised to maximise the
organisational presence, the brand
as well as the professional look and
feel of the business. One part of
that is how the business manage It’s
CV’s and profile of the individuals
and the team in the business.

One of the lessons I have learnt


when I was working for a consulting
company in a built environment was
the importance of professional doc-
uments and standard presentation
of individuals documents yet cre-
ating a coherent presentation that
showcase the organisation rather
than individuals in the team. This
article is hoping to help you do that.

Business spend a lot on branding


and takes for granted things like
CV’s and profile management and
are surprised when their teams are
headhunted because when they
present their team they are show-
casing individuals and less the ca-
pacity their business has. Our wish
for this CV/ Profile, I hope to help
you present your team and the ca-
pacity as well as the composition of
the unique skills and strengths that
sets you apart as a Business.

It is important that as a company


you show and present a unified
standardised view of the company
and it must be managed well. In
todays world the company’s also
needing to present their image in
different formats and platforms
such as hard copy, online and social
media. Such can be a bit confus-
ing, you can employ someone to
manage assist you and your
company present a profes-
sional look.
BBTeam

informed entrepreneur PAGE 3 - 12


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6 THINGS TO REMEMBER
WHEN STARTING A BUSINESS
A business is a multi-dimen- recognise them as such – EXCUSES.
It is only the greatest compelling
3.SERVICE OR PRODUCT This will inspire you and awake your
creative spirit because your work
Successful businesses develop sys-
tems and later make it a template
sional journey that demands
WHY that will propel you to great- pays. for growth.
for a dynamic individual who ness and secure you a spot at the # What is your solution, how
is a visionary, pregnant with table of EXCELLENCE where the are you planning to solve people’s 5.BUILD SYSTEMS 6.TALK IS VERY CHEAP
the spirit of I CAN and filled greatest commodity is the level of problems? Well in business you will
with POSSIBLILITIES. There influence you have or is assumed only be doing one of the two or # Running a business is one # What ever your dreams
are, things one needs to con- you have. What is YOUR WHY? both for some, 1. Service thing and building a successful busi- and aspirations are, however good
2. Product. The question is are you ness is about systems. Many busi- your plans are means absolutely
sider and remember when providing a SERVICE or a PRODUCT? nesses fail not because their idea nothing if they are not brought to
they choose or are chosen 2.SOLVE PROBLEMS FOR CASH It could be both. was bad, but they ran a business life and for that you need action –
to pursue entrepreneurship. with-out systems. Business needs whether you work hard or smart
Here are some of the things order and your job is to manage and it does not really matter the only
to consider and remember. # Business is simple, it is 4.GOAL IS GETTING PAID to enhance this order. thing that matters is results, does
about people – people have needs, you action yield results and desired
1.THE WHY problems, pains and aspiration. # Many businesses owners It’s about your product or service results for that matter.
At any given time, people have an are hoping to get paid and that be- the cost, packaging, how does it get Remember excuses in most cases
# At the heart of every busi- itch and this itch needs a form of a comes an uphill struggle to realise to customers, customer experience justify poor performance, while re-
ness there lies a BIG WHY, the pur- scratch. So, if you want to empower for some reason, those who employ and how transactions are made as sults celebrate power performance.
pose of it all, the reason you will your WHY you must establish your make it a point to pay staff but not well as managing the revenue all No-competition just DEDICATED
choose wake-up in the coldest win- opportunity and needs you want to themselves. the way to dealing with suppliers. DRIVEN RESULT ORIENTATED PER-
ter morning and over-ride all the fulfil for people and be paid for it. Paying yourself must be a priority Remember success is not a random FOMANCE.

CORRUPTION
excuses you could have and and it must be standard wage. thing it is deliberate. << ACTION >>
BBTeam

CAPTURED STATE LEADERS FAIL SMALL AND TOWNSHIP BUSINESSES


and in chains. They are trapped in
the prison of poverty. It is time to
set them free.” Nelson Mandela.

Setting people free means giving


them an opportunity and basic re-
sources to participate in the econ-
omy fairly and in a sustainable way
and BUSASAGATE alone has be-
trayed our people and robbed us
of an opportunity to learn to grow
participate and to replicate.

We are twenty years behind on just


one of the many unfair dealings that
has made few politicians the ELITS
and the rest of South Africans main-
ly black will remain in the vicious cy-
cle of poverty secured by our own
SOUTH AFRICA, THE PROMISE guard this freedom in honour of years of that has been spent in un- business solutions. Some will be
LAND TURNED A NIGHTMARE, those who fought for it, the living scrupulous dealing involving the slow some will be fast, some will be
back people who are supposed tobe
CORRUPTION MALADMINISTRA- and the dead and for generation to very protectors of our freedom slow and run sustainably and fur-
our night and shining armours. Our
TION. come. who are entrusted to creating an ther some will be faster to growth
very own are managed to serve the
Twenty-five years later the dream enabling environment for econom- and burn and fail dismally. It does
white master the very fight they
This year, South Africa will be cel- feels like a very bad dream, a night- ic participation and emancipation not make it a bad thing but an ex-
waged against oppression.
ebrating twenty-five years since mare. The revelation on the com- for all the citizens of the country, perience.
our country’s dawn of freedom. mission of enquiry on State Capture the previously disadvantaged black
Our freedom a significant moment are telling a dismayed dream. communities. To combat poverty in the in South Today they are oppressed
a dream coming true, where ev- Africa entrepreneurship must be at by consent because of
ery living beings, black people, the The latest evidence provided by Small business is big business, yet it the forefront and as tool and vehi- greed. Little skeletons are
celebration was joyous and deeply former BOSASA COO, Mr Angelo seems like the government has not cle to develop communities and to
Agrizzi, he claims that the corrupt fully understood this and realised eradicate the triple challenges our coming out, will there be
sad on the other hand when we re-
member those who died and would engagements and dealing by the that the solution to business and country is battling with. a recourse. HOPE IS THE
have loved to see this moment and company are alleged to have been entrepreneurship excellence is not ONLY COMFORT WE HAVE.
to join in the celebrations. None the happening for the past twenty a one size fit all type of a solution. “In this new century, millions of
less the living filled with gratitude years. If we are twenty-five years in Just like people we are not the same people in the world’s poorest coun-
and swore to protect and to safe the democratic state and twenty and, as such the approach to tries remain imprisoned, enslaved BBTeam

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Mr. THEMBA NKUNA A PROLIFIC


SPEAKER, AUTHOR AND SALES SPECIALIST
Themba Nkuna, a prolific Themba Nkuna is a published author All this experience and lessons
speaker an impactful facili- with several books under his name, learnt forms the very basis of his
tittles include: The truth about you, passion to helping individuals and
tator dedicated to changing l Never give up on God l Building groups as well as budding entrepre-
people live for the better Wealth Through Forex Trading l neurs to become good and to mas-
and a thought-provoking in- Step out from your comfort zone ter sales. A subject he knows very
spirational speaker, as if that and So, What makes successful en- well and has become an expect and
is not enough he is an au- trepreneurs? He is sure an authority an authority.
with strides and stripes that earned
thority in a few subjects that him the respect he commands. Themba Nkuna, a prolific speaker
are close to his heart. This an impactful sales facilitator and ex-
dynamic man is above all a The township born and raised hails pect has shared his skills and exper-
God-fearing person. from Lulekani in Phalaborwa. From tise with some of the power house
humble beginning to a bachelor’s organisations in the country, such as
degree in Information Science from The South African Institute of Char-
the University of Pretoria. The vi- tered Accountants (SAICA), Black-
sionary only worked for two years apearl, Wits University , Risk Flow
and deciding to pursue his dream and SDL to name just a few.
on entrepreneurship fulltime and
this became his career of choice be- When asked, what is the drive to
ing in business. teach sales? He said, “To help entre-
preneurs and business owners how
At age 23 Themba decided to fully to apply fundamental sales strate-
focus on start and building his own gies to make more sales and also to
businesses. Well, it was long time build a resilient mindset to achieve
since his entrepreneurial journey their aspired business goals.”
began from a tender age of eight
selling icing sugar, ice block at nine
and water drums in his community
at 11 to selling shampoo and soaps
at University. He sure can sell any
thing he put his mind to.

informed entrepreneur PAGE 5 - 12


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Themba Nkuna with the beautiful ladies of Palesa Pads, a reusable sanitary pad, a stride towards healthy and
uninterrupted schooling for girls.

National Development Agency conducting a workshop an assesment workshop for organisations lead by elderly people and people living with disability organised by Laurancia Morweni from
Health and Social Development. Community Directorate in Katlehong

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Pule Moloi founder of Bokamoso Foundation hosted the prayer for Cancer Survivors and remembered those who died

Charities for Change different Organisations present what they do and how they impact the world one person at a time.

On the Horizon Business Indaba in Santon hosted by the University of Stellebosch Business School

informed entrepreneur PAGE 7 - 12


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HOW TO SECURE A MEETING


WITH THE DECISION-MAKER By Marang Marekimane Found of Business Process Machenics

As entrepreneurs, most of our they are also very costly. You might People are willing to meet when On the day of the meeting, respect PARTNERSHIP – much like a cus-
efforts are geared towards meet- not see the actual cost per meeting they know they can assist. This the time limit. tomer would like to know “why buy
ing the right people – the Deci- because it’s accepted as part of our means you must know what you from you and not the competitor”,
sion-maker. Someone that can in- sales process. The logic is the sale want. SUBMITTING PROPOSALS decision-makers want to know why
vest their resources, elevating you makes up for the expense. Truth is, When requesting a meeting, in- Bear in mind, “who asked you to you chose them to work with. This is
to the next level. Customers invest you don’t always make the sale, so clude some sort of an agenda. Be- send the proposal?”. where you show off how much you
by purchasing. Some offer finan- some of it is a loss. yond informing the next person understand of their mandate or the
cial investment, while others offer what you want to discuss, it helps You can get away with a lot if some- business objectives. Help them do
their skills to work for or with you. Here are some tips to avoid wasting them decide: one asked you to submit a proposal. their work and you have a deal;
Then there’s social capital – that time and money. • Is the meeting necessary If you’re shooting in the dark, you’ve
opens doors for you to meet all MEET THE DECISION-MAKER – some things can be answered via got to be clear on the following: • Social capital is as finan-
the others. Do some research on the compa- email or a quick phone call; cial. This does not change the need
nies and people you want to work • Are they the right person • What do you want to for some sort of synergy to get buy-
“These are all influential people. with. The more you know, the easier to speak to – especially if you’re en- achieve? – if this isn’t clear, it cre- in.
Don’t waste their time” it is to foster a relationship. gaging with a large corporation. It ates the impression that the meet- The less guessing on how to work
may also influence who else needs ing will be a brainstorming session; with you, the more likely they are to
While face-to-face meetings are im- MEETING REQUESTS to join that meeting; • Why THIS PARTICULAR agree to work with you.
portant to build relationships,

… W I N E
MAKERS,
P R O M O T-
ERS, SELL-
ERS,BRING
US YOUR
WINE,TEACH
US ABOUT
IT,WE ARE
POT EN T IA L
FANS TURN
US TO LOV-
ERS AND
S U P P O R T-
ERS OF YOUR
WINE…
Fellow Hustlers and lovers of Entrepreneurship we know you are always out and about doing entrepreneurhip things and gathering, and we also know you capture the moments with your
nice gadgets. We have a two page on our newspaper dedicated to sharing those captured moments. All you have to do is send in your higher resolution pictures with a nit of detail about
where, what was happenig and who’s CAPTURED... in the picture of course. Send them to itmavuso@gmail.co.za

PAGE 8 - 12 informed entrepreneur


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Growing a business demands Construction is the process of con- bottom line or profitability of the and what the potential customer some people will buy something
an intentional and dedicated structing a building or infrastruc- operation by minimizing costs. drives, that is robbery. they don’t need but will buy be-
ture. i.e. a house. WIKIPEDIA www.businessdictionary.com cause it is a good bargain. Your buy
effort driven by the business 3. ADVERTISED AND PRO- one and get one free. It is all about
owner. Entrepreneurs and Growing the business is on the oth- 1. OPPORTUNITY: MOTION being creative.
business owner must also er hand is about the exploitation (in
understand as well as dis- a good way) of the existing custom- a. To grow your business, you a. The growth and devel- 5. LOCALIZE YOUR PROMO-
tinguish the difference be- ers, for example introducing a new need to establish if there is a need opment of technology has made TION
product and or encourage custom- or a market to exploit and looking it super interesting to finding and
tween building and growing ers to buy more, you buy two get at the size of the market, timing and persuading customers to buy. Yet a a. Over the year’s technology
a business. one free. the duration to which you can take customer could be sitting at home has made it possible for a business
advantage of the opportunity. yet be part of a bigger community to promote and sell their products
What is the difference between DEFINITION: The process of im- of people with the same interest and services to a specific market,
Building and Growing? As an en- proving some measure of an enter- 2. PLANNING: yet have never met at the same those who are interested thanks
trepreneur this must be as clear as prise’s success. time are friends. So, the question is to the technology and algorithms
day from night. Building is about Business growth can be achieved a. An important part of which media platforms you can find we don’t need to understand but
establishing and making sure the either by boosting the top line or growing a business. You never wake the customers. will for you. think of face book you
business is grounded with estab- revenue of the business with great- up and just decide you want to grow 4. IRRESISTIBLE OFFER: can choose who can see you advert
lished clients. The Wikipedia use the er product sales or service income, and exploit the market. There are “Targeted advertising.”
definition from a construction view. or by increasing the people who “somaar” decide to in- a. Customers love and enjoy Go get them tiger…
DIFFINITION: crease prices based on the looks a good bargain it is for this reason BBTeam

informed entrepreneur PAGE 9 - 12


BOOK REVIEW
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ENDURE BEFORE YOU ENJOY


Author Loyiso Majola
Only when you have been their dreams and never build obsta
cles but rather see opportunities
on a rock and a hard place
in every challenge.” Loyiso Majo-
can you claim boldly attest la, (32) man of God founder and a
‘’where there’s a will there a Pastor at Light-house Kingdom Ad-
way.’’ This has been the life vancement International a ministry
of Loyiso Majola. Hes life has dedicated to the revival of the spirit,
been entangled in situations soul salvation as well as mentoring
people using biblical principles to
where he felt empty, aimless impact growth and personal devel-
and ineffective. There are opment.
so many things he wanted
do and achieve but without Mr Majols is also a Founder and
means to do so. He’s had Chairperson for Boys Be Men
Schools Mentorship Program, a
good ideas and the will, yet schools’-based initiative aimed at
without resources. In such empowering boys to be men of ex-
an experience it seemed like cellence and integrity. He truly is a
dreams may never be real- passionate leader.
ised.
An entrepreneur at heart, Loyiso
Challenges he’s overcome are testa- the founder of Intathakusa Lifestyle
ment to the abilities within us to en- Solutions, a company that focuses
dure life’s challenges and obstacles, on offering creative communica-
ultimately to enjoy the fruits of our tions solutions and manufacturing,
labour. Many are times we come up as well as facilitation and business
with excuses why we are not able to seminars.
pursue our dreams, to this effect he
is a living example that passion and Loyiso believes that he was born
determination, we can achieve all to unlock the God-given potential
that God has destined for us. in people to awaken their leader-
ship potential and to inspire them
Interestingly the book was writ- towards spiritual growth and inno-
ten using a Huawei phone. This is vative pursuit to leave the world a
a book that is dedicated to all the better place. This book a must read.
people whose trials and tribulations
have kept them from achieving their Connect with the man of God via
dreams. Endure Before You Enjoy is WhatsApp: 081 537 4469 or E:
not a memoir but rather a motiva- info@loyisomajola.co.za
tional book that aims to inspire and
motivate people.
BBTeam
“I hope to inspire everyone who
reads this book, to push to-wards

PAGE 10 - 12 informed entrepreneur


FREE B-BBEE
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C E R T I F I C A T E The not so new


BEE legislation ad-
vised that compa-
nies with a turn-
over less than R
10 million do not
need a BEE veri-
fied BEE Certificate
they are exempted
enterprises or cus-
tomers can apply
for a B-BBEE certif-
icate on the eser-
vices website or at
the CIPC Self Ser-
vice Terminal on
registering a new
company or when
paying your annu-
al returns for your
company.
Alternatively download
a B-BBEE Affidavit for Ex-
empted Enterprise at CIPC
www.cipc.co.za or cut out
the one on this paper. The
following must be done to
make you B-BBEE Sworn Af-
fidavit compliant:

1. Fill in 1-3 very clear


with our scratching or mak-
ing mistakes
2. To complete it, part
4 -6 take it to police station
where you will swear and
sign to commissioner he
or she will sign and put a
stamp it.
3. The Affidavit will be
valid for 12 months.

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PAGE 12 - 12 informed entrepreneur

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