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
Driving lessons to be incorporated into SA school's curriculum

Driving lessons to be incorporated into SA school's curriculum

Spokesperson for Transport Minister, Dipou Peters, says learners will be given an opportunity to become good and safe drivers.

LISTEN: I paid for sound system from my own personal account - Phahlane

LISTEN: I paid for sound system from my own personal account - Phahlane

Acting National Police Commissioner Khomotso Phahlane says he paid for his R80 0000 sound system at his house in Pretoria.

Public servants to have their red carpet moment at SA politician awards

Public servants to have their red carpet moment at SA politician awards

The brains behind the South African Politician Awards denies that he is hosting the event to rub shoulders with political bigwigs.

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.

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.

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.

Meet Chuma Somdaka, a homeless artist who blogs about art

Meet Chuma Somdaka, a homeless artist who blogs about art

Chuma spends her days making art and her nights on a bench in The Company's Garden in Cape Town where she displays her artwork.