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

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

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
 In the market for a 2nd hand car? Here are some tips to buy it on a budget!

In the market for a 2nd hand car? Here are some tips to buy it on a budget!

In the car feature, our very own car guy Tumelo Maketekete shares some tips and tricks to buying a car on a R100 000 budget.

Vigilante mob attacks alleged criminals in Daveyton

Vigilante mob attacks alleged criminals in Daveyton

Tensions are rife in the East Joburg township as the community attacked and killed criminals.

[WATCH] Dad uses a drone to pull out son's tooth

[WATCH] Dad uses a drone to pull out son's tooth

Khabazela shares YouTube videos gone viral including a barmaid hitting a colleague who slapped her rear during a routine.

[Listen] Lottery responds to Tshepo's fraud claims

[Listen] Lottery responds to Tshepo's fraud claims

Philemon Letwaba says Tshepo's case relates to some of the issues that they are dealing with on a daily basis.

[WATCH] Is it a cow's penis or an udder? Well, this kid thinks it's a penis

[WATCH] Is it a cow's penis or an udder? Well, this kid thinks it's a penis

Check out the videos, tweets, Facebook posts that have gone viral and why this kid cheered her dad on in the toilet.

DJ Zinhle answers deeply personal questions about her money

DJ Zinhle answers deeply personal questions about her money

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