Small Business Focus, Evergreen Content

How to raise funding (at each stage of your business’ growth)

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

Phitids spoke about how to raise funding through the different stages of a business’ growth.

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

There are nine stages in a business’ growth. Funding is different for each phase.

Pavlo Phitids, Aurik Business Accelerator

Most people pitch the product. What you should be selling is yourself.

Pavlo Phitids, Aurik Business Accelerator

If the idea is a good one; you can negotiate equity based on delivery.

Pavlo Phitids, Aurik Business Accelerator

How do you turn away a funder? Show them projections on an Excel spreadsheet!

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 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

Article brought to us by Old Mutual.

Read More
How to improve your business’s agility

How to improve your business’s agility

Every day in SA feels like being in a boxing ring. Agility is key to you thriving amidst the flurry of jabs, hooks and uppercuts.

The entrepreneurial approach to solving #FeesMustFall

The entrepreneurial approach to solving #FeesMustFall

Small business guru Pavlo Phitidis invites entrepreneurial thinkers to come up with sustainable solutions.

How to expand your single-branch business into one with multiple outlets

How to expand your single-branch business into one with multiple outlets

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

What to consider before starting a business

What to consider before starting a business

Want to be your own boss? Business Leadership SA’s Khotso Seroto has advice on what to think about first…

How to grow your small business into a medium-sized one

How to grow your small business into a medium-sized one

Small business guru Pavlo Phitidis discusses strategies for growth that won’t cause chaos.

How to turn R1000 into a thriving business

How to turn R1000 into a thriving business

Valerie Pole took R1000 and turned it into an extremely profitable business (and then wrote a book about it).

Popular articles
I have suffered backlash from white people (and black people) - Kasi Mlungu

I have suffered backlash from white people (and black people) - Kasi Mlungu

Anita Ronge, famously known as Kasi Mlungu, talks music career, race and township lifestyle with Eusebius McKaiser.

Vaal Dam levels increase by 5.2%

Vaal Dam levels increase by 5.2%

Department of Water and Sanitation says recent rains have increased the Vaal Dam levels but more is still needed.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

How to be happier (and more fulfilled) at your job (whatever it is)

How to be happier (and more fulfilled) at your job (whatever it is)

Bruce Whitfield interviews Debbie Goodman-Bhyat, author of “INtheFLOW – Taking Mindfulness to Work”.

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.