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Wealth-creating responses to Brexit

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

Phitidis discussed a number of entrepreneurial responses to Brexit and how to build a business in an inward facing environment, and with a depreciating currency.

He also took a listener's call and gave him some advice on getting funding.

For more detail listen to the interview in the audio below (and/or scroll down for quotes from it).

Raising funding requires practice. Approach the least likely funder first and refine your approach as you get rejected.

Pavlo Phitids, Aurik Business Accelerator

The 26% collapse in the value of the pound is driving inflation already. Petrol is more than R4 per litre more expensive.

Pavlo Phitids, Aurik Business Accelerator

It’s easier to do business in Britain than the rest of Europe.

Pavlo Phitids, Aurik Business Accelerator

The collapse in the pound is very good for tourism there.

Pavlo Phitids, Aurik Business Accelerator

Services and technology are hard to put tariffs on.

Pavlo Phitids, Aurik Business Accelerator

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Article brought to us by Old Mutual.


This article first appeared on CapeTalk : Wealth-creating responses to Brexit


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