Small Business Focus, Evergreen Content

5 insights about entrepreneurship from Juno’s epic voyage to Jupiter

Your big customers – you’ve got to get as close as possible to them!

Pavlo Phitids, Aurik Business Accelerator

To know if your innovation will find value in the market you’ve got to collect data. Data removes the emotion of an innovation.

Pavlo Phitids, Aurik Business Accelerator

On Monday, at 5.47am, Juno entered into the orbit of Jupiter.

The five-year journey culminated in Juno burning 18 000lbs of rocket fuel to slow down from 150 000mph to the exact speed needed to orbit Jupiter.

On board, three Lego men and women made of space-grade aluminium hope to withstand the perilous radiation of Jupiter for 18 month before Juno crashes into Jupiter’s surface.

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator Director and CEO Pavlo Phitidis for his weekly small business feature.

Phitidis shared five insights into entrepreneurship (and business building) from Juno’s voyage.

Scroll down for quotes from the audio below.

Juno runs on renewables. It’s got massive solar screens. When you’re building a business you must build reserves. You must have a minimum of six months’ overheads stored away.

Pavlo Phitids, Aurik Business Accelerator

Entrepreneurs are idealists. But without purpose you can find yourself in severe trouble.

Pavlo Phitids, Aurik Business Accelerator

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Read More
Meet the famous Mark Mobius (aka ‘Pied Piper of emerging markets’)

Meet the famous Mark Mobius (aka ‘Pied Piper of emerging markets’)

A key figure in developing global emerging markets policy; there’s even a comic book on his life!

5 things you need to know to understand the 'Public Protector vs Absa' debacle

5 things you need to know to understand the 'Public Protector vs Absa' debacle

Can’t wrap your head around it? You’re not alone. The Money Show’s Bruce Whitfield interviews Intellidex MD Stuart Theobald.

The South Africans are more cheerful than everybody else! - Stephen Grootes

The South Africans are more cheerful than everybody else! - Stephen Grootes

The Money Show’s Bruce Whitfield interviews EWN's Stephen Grootes, who is at the 2017 World Economic Forum in Davos.

How long before we have a Universal Income Grant?

How long before we have a Universal Income Grant?

The latest test of a 200 years old idea is underway. Should governments give all citizens a basic income?

'Trade stops wars'

'Trade stops wars'

The Money Show’s Bruce Whitfield interviews EWN’s Stephen Grootes who is in Davos for the 2017 World Economic Forum.

How to (legally) avoid responsibility for the loss of another

How to (legally) avoid responsibility for the loss of another

Enter at own risk... The Money Show’s Bruce Whitfield interviews a consumer law specialist.

Popular articles
Brother of man who died in Kuga opens up on air, discusses lawsuit against Ford

Brother of man who died in Kuga opens up on air, discusses lawsuit against Ford

John Maytham interviews Kaveen Jimmy; who says he has damning evidence against Ford.

Madonsela warns against appointing woman President as a proxy

Madonsela warns against appointing woman President as a proxy

Former Public Protector Advocate Thuli Madonsela addressed the Cape Town Press Club on a number of issues.

LISTEN: Mbete denies pronouncing her availability for Presidency

LISTEN: Mbete denies pronouncing her availability for Presidency

ANC national chairwoman Baleka Mbete says reports alleging she has agreed to run for the Presidency are full of distortions.

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

What does Citadel’s famed disciple of contrarian, deep-value investing Dr Adrian Saville hope for (and fear) about money?

'I apologise to our customers for the inconvenience' - Ford SA CEO Jeff Nemeth

'I apologise to our customers for the inconvenience' - Ford SA CEO Jeff Nemeth

The Money Show’s Bruce Whitfield interviews Ford South Africa CEO Jeff Nemeth.

‘3 richest South Africans have wealth equal to the poorest 28 million’ – Oxfam

‘3 richest South Africans have wealth equal to the poorest 28 million’ – Oxfam

The Free Market Foundation's Leon Louw, however, calls Oxfam "OxScam" and says the organisation does not care about poor people.

Lumka Oliphant sorry for insulting women while defending Minister

Lumka Oliphant sorry for insulting women while defending Minister

Minister Bathabile Dlamini's spokesperson says people should stop spreading lies that minister drinks alcohol.

Terror expert warns that SA could be a target in 2017

Terror expert warns that SA could be a target in 2017

Sunday Times reported that a Islamic State bomb maker was arrested as he was about to board a flight to Johannesburg.