[LISTEN] 'Building a business is methodical'

Kaello Business Hub founder Tshepo Phakathi says building a business is a process and something that is methodical.

Phakathi who has been a serial entrepreneur for nearly 20 years says you cannot start a business sporadically and without thought.

He joined Azania Mosaka to share some pointers on the process of starting a business.

You cannot be starting businesses because you want to fulfil some sort of thing that you are concerned about or that interests you. Business is independent of what you like or don't like.

Tshepo Phakathi, Founder - Kaello Business Hub

Then you have to see that there is a viable market in that space you are interested in without you necessarily being the market.

Tshepo Phakathi, Founder - Kaello Business Hub

Research is a very difficult discipline. The biggest problem I have had in business is that I have made decisions based on intuition, it is a weak way of doing things... you have to make decisions based on data.

Tshepo Phakathi, Founder - Kaello Business Hub

What you have got to keep in mind in business is that you might start off trying to do one thing and end up doing a completely different thing. Sometimes the ideas evolve as you work and you have to be open to that, that is what makes great businesses great.

Tshepo Phakathi, Founder - Kaello Business Hub

Click on the link below to hear the full conversation and learn more....


Recommended

by NEWSROOM AI
Read More
'The warmer it is, the more gender-based violence is likely to occur'

'The warmer it is, the more gender-based violence is likely to occur'

Wits Reproductive Health and HIV Institute Prof Matthew Chersich explains the relationship between heat and violence.

[LISTEN]  Car care in the rainy season

[LISTEN] Car care in the rainy season

If your car is exposed to rain water, what is the kind of damage you are likely to experience and how can you prevent it?

How the last 20 minutes before bedtime can help you raise resilient children

How the last 20 minutes before bedtime can help you raise resilient children

Azania speaks to children's book author Andrew Newman on the impact of reading and reinforcing positive feelings for children.

[LISTEN] Why do you accidentally bite your tongue?

[LISTEN] Why do you accidentally bite your tongue?

Naked Scientist Chris Smith explains.

[WATCH] Throwback to the time Ndlovu Youth Choir performed on #702Unplugged

[WATCH] Throwback to the time Ndlovu Youth Choir performed on #702Unplugged

Azania Mosaka featured the youth choir before scouts called them for America's Got Talent auditions.

[WATCH] Azania Mosaka in conversation with Australian chef Shannon Bennett

[WATCH] Azania Mosaka in conversation with Australian chef Shannon Bennett

Shannon Bennett is one of Australia's most loved and most famous chefs who will be part of this years Appetite Fest line up.

Popular articles
EFF: Pauli van Wyk and Marianne Thamm are working with Gordhan and Hanekom

EFF: Pauli van Wyk and Marianne Thamm are working with Gordhan and Hanekom

Economic Freedom Fighters Mbuyiseni Ndlozi explains why it banned the Daily Maverick and amaBhungane from attending its events.

Burger King rebrands as Bacon King (but drops 'ham' from the word 'hamburger')

Burger King rebrands as Bacon King (but drops 'ham' from the word 'hamburger')

"They seem to have succumbed to consumer pressure," says branding and advertising expert Andy Rice.

It is sickening what Thabo Mbeki said, callers tell Eusebius

It is sickening what Thabo Mbeki said, callers tell Eusebius

Callers on the open line critique the former president's tribute to Robert Mugabe and say he rewrote history.

'I am proud of Ndlovu Youth Choir's performance on AGT,' says conductor

'I am proud of Ndlovu Youth Choir's performance on AGT,' says conductor

Ralf Schmitt weighs in on the incredible achievement of performing in the finals of America's Got Talent.

[WATCH] Reporter saying dead man 'was unavailable for comment,' goes viral

[WATCH] Reporter saying dead man 'was unavailable for comment,' goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Mzansi's Ndlovu Youth Choir's wows at AGT finale, voting is underway

[WATCH] Mzansi's Ndlovu Youth Choir's wows at AGT finale, voting is underway

South Africa waits with bated breath as the countdown to the winner of America's Got Talent begins.

10 unexpected things that most truly rich people have in common

10 unexpected things that most truly rich people have in common

Personal finance expert Warren Ingram on the money values that those "worth" R40 million or more almost invariably have in common.

Forensic investigator pokes holes in Watson death probe

Forensic investigator pokes holes in Watson death probe

The recent findings of a private pathologist ruled out suicide as the cause of death of the former Bosasa boss.

[WATCH] Man and woman assaulting a motorist goes viral, for the wrong reasons

[WATCH] Man and woman assaulting a motorist goes viral, for the wrong reasons

Khabazela shares tweets and Facebook posts that have gone viral.