Small Business Focus, Evergreen Content

How to strategise instead of leaving it up to fate

pexels.com, 2019

Are you in or out? If you’re in… what’s your strategy to grow? If you’re out; what’s your strategy to sell?

Pavlo Phitidis, Aurik Business Accelerator

Do you have a strategy, or are you just being busy?

Uncertainty has many businesses in a wait-and-see space, said Aurik Business Accelerator founder Pavlo Phitidis on Bruce Whitfield’s The Money Show.

Some entrepreneurs – committing to one thing only to have it invalidated - have developed bad habits in response to unrest and change.

Phitidis reckons many small business owners have forgotten what strategy and planning are about – leaving their futures up to fate.

It’s a huge mistake; it’ll cost you dearly and can only end in tears.

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

What is it with South African businesses that we struggle with strategy? I think it has to do with the feeling that we don’t have control of our own destinies…

Pavlo Phitidis, Aurik Business Accelerator

You have to be careful of your own propaganda!

Pavlo Phitidis, Aurik Business Accelerator

As long as you’re moving forward… you continue to deploy…

Pavlo Phitidis, Aurik Business Accelerator

Truth is found in action!

Pavlo Phitidis, Aurik Business Accelerator

Think of what your exit is going to look like… That successful exit is your pension and legacy…

Pavlo Phitidis, Aurik Business Accelerator

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
 Wealth strategies for small businesses - income or equity?

Wealth strategies for small businesses - income or equity?

Income or equity – what is the difference?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

The US market has a big impact on all markets and when they get flu, South Africa sneezes.

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivered a 2019 profit attributable to equity shareholders of 3.5-billion USD

Discovery Bank gives an update on the health of the new venture

Discovery Bank gives an update on the health of the new venture

Discovery is soothing investors' nerves after a warning earlier this week that it would report a double digits loss.

Meet the Black Management Forum's New President

Meet the Black Management Forum's New President

The newly elected president of the Black Management Forum (BMF) is Andile Nomlala.

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.

Popular articles
 'When languages are being let go of in favour of English, we lose identity'

'When languages are being let go of in favour of English, we lose identity'

Joanne Joseph spoke to Play Africa founder and CEO Gretchen Wilson-Prangley on International Language Day.

'There is a stated commitment to deal with TRC cases but it's taking too long'

'There is a stated commitment to deal with TRC cases but it's taking too long'

Former commissioner Yasmin Sooka says it has been a 16-year battle trying to get the NPA to prosecute TRC-related cases.

We have invested heavily in driver and passenger safety - Uber

We have invested heavily in driver and passenger safety - Uber

Uber Sub-Saharan Africa general manager Alon Lit says their prices have not changed drastically since 2013.

 Tegeta's R3.7-billion coal supply contract with Eskom set aside

Tegeta's R3.7-billion coal supply contract with Eskom set aside

SIU spokesperson Kaizer Kganyago says the court has given the unit the green light to institute legal action against the company.

Protesters torch two suspected drug dens in Parow over Tazne van Wyk killing

Protesters torch two suspected drug dens in Parow over Tazne van Wyk killing

Eyewitness News reporter Lizelle Persens gives an update from the protest in Parow.

[LISTEN]  Craig Urbani talks Rocky Horror and playing Frank-N-Furter

[LISTEN] Craig Urbani talks Rocky Horror and playing Frank-N-Furter

The actor and singer joined Azania Mosaka in studio for this week's Friday Profile.

[WATCH] Glimpse of Simon & Garfunkel Songbook performance

[WATCH] Glimpse of Simon & Garfunkel Songbook performance

Make sure you don't miss the Simon & Garfunkel Songbook national tour taking place in Johannesburg, Cape Town and Sasolburg.

Azania, Bongani queue for new model flip phone

Azania, Bongani queue for new model flip phone

PARTNER CONTENT: Samsung's new Galaxy Z Flip has South Africa, and our presenters, abuzz - and it launched in SA today!

Jacob Zuma is coming back to Mzansi, supporters told to gather at OR Tambo

Jacob Zuma is coming back to Mzansi, supporters told to gather at OR Tambo

Committee member of the Gauteng RET Zuma supporters Carl Niehaus says supporters must arrive before 10am.

Dudu Myeni 'unwilling to spend her money on delinquency case, feels targeted'

Dudu Myeni 'unwilling to spend her money on delinquency case, feels targeted'

Organisation Undoing Tax Abuse chief legal officer Advocate Stefanie Fick shares the latest.