Small Business Focus

5 small businesses that have grown despite very tough environments

The Money Show’s Bruce Whitfield interviewed Aurik Business Incubator Director and CEO Pavlo Phitidis.

Phitidis discussed five case studies of South African small businesses that are succeeding despite the tough environment they operate in.

Phitidis and Whitfield also took a call from 20-year-old Siyabulela Releni, founder and CEO of Itemz online.

Itemz has already raised R2-million.

Releni is troubled by young people’s concern regarding the lack of job opportunities.

He says they should be starting businesses from scratch instead.

Releni also founded www.kozekuse.co.za, a successful events and ticketing e-commerce platform.

Scroll down for quotes from the audio below.

In tough times many others are too afraid to act. This gives you an advantage.

Pavlo Phitids, Aurik Business Incubator

If you build in tough environments you instil in yourself good habits.

Pavlo Phitids, Aurik Business Incubator

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
What a fruit and veg trader with 35yrs of experience can teach us about selling

What a fruit and veg trader with 35yrs of experience can teach us about selling

Small business guru Pavlo Phitidis extracts valuable lessons from an interesting case study. Tomatoes are tomatoes. Or are they?

Why South Africa needs entrepreneurs (not employees)

Why South Africa needs entrepreneurs (not employees)

South Africa’s unemployment rate is the stuff of legends. We need entrepreneurs (read “employers”), not more employees.

How to ensure your business survives as it grows (i.e. avoiding "growing broke")

How to ensure your business survives as it grows (i.e. avoiding "growing broke")

Businesses grow broke whether times are good or bad. Aurik Business Incubator's Pavlo Phitidis on how to stay afloat when growing.

Small business owners (and would-be entrepreneurs) ask and get answers

Small business owners (and would-be entrepreneurs) ask and get answers

Aurik Business Incubator's Pavlo Phitidis presents what he calls "the great big fat small business indaba”.

SA is gripped by negativity. Why then are so many entrepreneurs thriving?

SA is gripped by negativity. Why then are so many entrepreneurs thriving?

The level of grumpiness today is overwhelming, yet some entrepreneurs, both big and small, are achieving phenomenal growth.

Uncertainty is a certainty! Why you must get out of your comfort zone (and how)

Uncertainty is a certainty! Why you must get out of your comfort zone (and how)

Stuck in a rut? How to actively exit your comfort zone so can become “uncertainty fit” in your business and/or job.

How to deal with your landlord

How to deal with your landlord

Aurik Business Incubator's Pavlo Phitidis gives advice on how small businesses should deal with their landlords.

How small businesses should respond to struggling big businesses they supply

How small businesses should respond to struggling big businesses they supply

The actions small business owners should undertake to change their offering to struggling big businesses they supply.

6 tips to create more time in 2015

6 tips to create more time in 2015

Small business guru Pavlo Phitidis discusses 6 simple, yet effective, steps to ensure a far less rushed, more productive 2015.

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
Pay up to 45% less tax by investing in a small business (Section 12J incentive)

Pay up to 45% less tax by investing in a small business (Section 12J incentive)

Dino Zuccollo of Westbrooke Alternative Asset Management answers 12 FAQs about the Section 12J tax incentive.

'Important to draw parallels with Egypt. There've been rumours of a palace coup'

'Important to draw parallels with Egypt. There've been rumours of a palace coup'

The Money Show’s Bruce Whitfield interviews Ronak Gopaldas, Director and Africa analyst at Signal Risk.

Mineral Resources DG defends move to appeal historic Xolobeni mining ruling

Mineral Resources DG defends move to appeal historic Xolobeni mining ruling

Mineral Resources DG, Adv. Thabo Mokoena has disputed claims that the department has disrespected the courts and the community.

Msimanga opens up about quitting as mayor and the controversial DA billboard

Msimanga opens up about quitting as mayor and the controversial DA billboard

Outgoing Tshwane Mayor Solly Msimanga says he resigned to focus on his Gauteng premier candidacy.

SundayTimes and former ANN7 journalist set the record straight on fake statement

SundayTimes and former ANN7 journalist set the record straight on fake statement

A message alleged to be from formerANN7 journalist Farida Joyce has been circulated on WhatsApp and social media.

Idols judge Unathi Nkayi gets intimate - opens up about money, beliefs about it

Idols judge Unathi Nkayi gets intimate - opens up about money, beliefs about it

The Money Show’s Bruce Whitfield interviews Nkayi about her attitude to money (hopes and fears, successes and failures, etc.).