Make it big: The only time you fail is when you fall down and stay down. Stephen Richards.
Make it big: Success does not consist in never making mistakes, but in never making the same one a second time. George Bernard Shaw.
Make it big: Our greatest fear should not be of failure, but of succeeding at things in life that don't really matter. Francis Chan.
Make it big: Judge your success by what you had to give up in order to get it. Dalai Lama XIV.
Make it big: The biggest challenge after success is shutting up about it. Criss Jami.
Make it big: If at first you don't succeed, destroy all evidence that you tried. Steven Wright/
Make it big: Only those who dare to fail greatly can ever achieve greatly. Robert F. Kennedy.
Make it big: Don't let what you cannot do interfere with what you can do. John Wooden.
Business Tip: Always make sure there is and will be enough cash in the bank. The most common business failure is running out of cash.
Business Tip: Start now. There are many factors that go into becoming a success in business, but the one factor that is required is taking immediate action.
Business Tip: Find the intersection between what people are willing to pay for, and what product you can offer that is aligned with your strengths and goals.
Business Tip: A good idea is not enough. Businesses aren't just about ideas; businesses are about execution.
Business Tip: Don't spend money until you have the money to spend.
Business Tip: Get all of your partnerships and investment deals in writing. You may be on good terms with them now, but things may change over time.
Business Tip: Ask your customers for their feedback, and really listen to them. Customer feedback is critical to success from the beginning.
Business Tip: Don't over-extend your business financially. Don't forget that you need working capital to run the business.
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: Don't spend big money entertaining your children. Most can be entertained very affordably. Plus, what children really want is your time not money.
Save Money: Repair clothing instead of tossing it out. Sew on new buttons or patch up jeans. Most basic sewing jobs can be done by anyone.
Save Money: Invite friends over instead of organising a night out. You'll save a lot of money and will have just as much fun.
Save Money: Avoiding instant gratification is a very important rule. Waiting 30 days to decide on a purchase is an excellent way to implement that rule.
Save Money: For birthdays, anniversaries, special occasions or holidays, make your own gifts instead of buying things.
Save Money: Sign up for every free customer rewards programme you can, whether at retail or grocery stores or at restaurants. Every bit of saving counts.
Save Money: Stop collecting, and start selling. Stop collecting items of questionable value, and recoup some of the cash spent on collectibles.
Save Money: Watch less TV. You'll save electricity, lower your exposure to advertisements, and have more time to focus on other things such as a side business.
