Make it big: Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas Edison.
Make it big: Fail often so you can succeed sooner. Tom Kelley.
Make it big: Don't worry about failure; you only have to be right once. Drew Houston.
Make it big: Success is walking from failure to failure with no loss of enthusiasm. Winston Churchill.
Make it big: It is always the start that requires the greatest effort. J. C. Penney.
Make it big: I have not failed. I've just found 10 000 ways that won't work. Thomas Edison.
Make it big: If hard work is the key to success, most people would rather pick the lock. Claude McDonald.
Make it big: I never took a day off in my twenties. Not one. Bill Gates.
Business Tip: Find a mentor. Talk to people you know with experience of what you're planning to do. Find someone to offer you support and advice along the way.
Business Tip: Write a business plan. If you're not sure how, ask someone with a lot of business experience. A solid business plan will guide you going forward.
Business Tip: Market research allows you to understand the competition. What similar products and services are out there already? How will yours be different?
Business Tip: Talk to people within your intended market demographic and get an idea of how they would react to your product or service.
Business Tip: Identify your market. Researching the market that you are thinking of entering is essential to determine if you are on the right track.
Business Tip: Get inspired. Read the start-up stories of successful businesses on websites, in books, or at events for people starting a business.
Business Tip: Don't be overly concerned by the economy. Some of the best businesses have launched during a recession.
Business Tip: Unless you're an excellent writer, hire a copywriter to compose your advertising and emails targetting customers.
Stokvel Tip: Some stokvels offer the option to borrow from the group account, with a varying interest rate. This depends on the amount needed and for how long.
Stokvel Tip: The average contribution each month for a burial stokvel is R210. Investment stokvels are much higher, with amounts ranging between R300 and R500.
Stokvel Tip: The most popular stokvels are savings, burial, grocery, birthday and investment-savings groups.
Stokvel Tip: Anyone can join a stokvel. If you are able to contribute the required amount on the a regular basis and are acceptable, then you can join.
Stokvel Tip: Stokvels usually do not have any interest charged on outstanding contributions, so if you fall behind you only pay the amount you missed.
Stokvel Tip: The majority of stokvels are concentrated in Gauteng, followed by Limpopo then Kwa-Zulu Natal. Finding one in these areas is not difficult.
Stokvel Tip: Choose a day of the week that is most convenient for stokvel members to pay their contributions, typically on payday or the Monday thereafter.
Stokvel Tip: Stokvels can be a big hand up if banks won't offer you any loans, but make sure they are well-managed and pay out on time.
Save Money: Be a savvy shopper. If you really need something new, check out the sale racks at different stores first. Try to never buy an item at full price.
Save Money: Make sure that you pay all of your installments on time, to avoid late payment penalty fees and extra interest.
Save Money: Look for electricity-efficient appliances and electronics when purchasing new ones, as this can make a huge difference to your electricity bill.
Save Money: The moment you get paid, put some money into a savings account that you can't draw from, before you can spend it on other things.
Save Money: Take your vitamins and a pre-emptive flu shot if you can. Colds and flu can cost you a lot of money in medicine, especially in larger families.
Save Money: Use a thermal flask to keep some of your boiled water at a heated temperature in the colder days to avoid reheating the kettle over and over again.
Save Money: Always read the fine print when opening an account or taking out a new policy. Make sure you know about any added service charges or interest.
Save Money: Don't overspend when you get paid. The want to splurge when you have an influx of cash can leave you high and dry halfway through the month.
