Understanding Entrepreneurship hosted by the CEO of Voo C Media Group Vusumuzi Ndhlovu. It all about carving the next generation of entrepreneurs. To understand what is it and what it entails being entrepreneurs. The Aim of this show is to give back though sharing knowledge. The first episode our ho…
Understanding Entrepreneurship
The modern definition of a transparent workplace is ' operating in a way that creates transparency between managers and employees. ' This form of inclusiveness generates credibility between staff and management and contributes to a productive organization. Listen as I express my views on Transparency.
The relationship between parents and children is the one that nurtures the child's physical, psychological and social growth. It is a unique bond that can be enjoyed and nurtured by all children and parents. Therefore it's important to show your children the roles of business and still make them a priority. Listen as I express my views.
It is said that identifying your market needs and meeting your market need brings productivity within an organization. It's important as an entrepreneur to identify these steps within an organization. Listen as I identify my market needs.
Perfect is the enemy of good, or more literally the best is the enemy of the good, is an aphorism which is commonly attributed to Voltaire, who quoted an Italian proverb in his Dictionnaire philosophique in 1770: "Il meglio è l'inimico del bene". Would you agree to this statement? Leave a comment below.
A time of general economic downturn, usually defined as a six-month (two consecutive quarters) or longer GDP contraction. Marked by high unemployment, stagnant wages, and dropping retail sales, a recession usually lasts no more than a year and is much milder than a depression. How does one prepare their company for recession? Listen to my thoughts on the recession topic.
Nepotism refers to family prejudice, while cronyism refers to a relative or a friend being biased. Favoritism, the widest of words, refers to bias based on being part of a favored group, rather than job performance. Share your views by writing a comment below.
Risk Management enables possible control of future events and is proactive rather than being reactive. Risk Management strategies allow one to identify their strengths, weaknesses, opportunities, and threats. Listen as I delve into the risk management topic.
The purpose of Tertiary phase is to better an individual when it comes to work-life. But what happens if the syllabus is not up to scratch with industry standards?. Listen as I express my views on this topic.
There can be various advantages to running a small business as much as there can be disadvantages, of course regarding the type of company one owns. The advantages one may mention would be flexibility, independence, simplified, etc. Disadvantages would be the risk of failure, limited potential and limited ability to raise capital. Listen to my pros and cons of running a small business.
Motivation or rewarding systems that include a combination of money or non-monetary rewards, for instance, social rewards (praise and recognition) tend to be impactful in the performance of the employee. Rewards systems are identified as one of human resource management (HRM) practices that may impact motivation. Listen as I express my views.
LinkedIn is a social networking site designed specifically for the organizational community. LinkedIn allows you to establish a strong digital footprint, which is essentially your personal brand or brand positioning. The aim of the digital platform is to allow registered members to establish and document networks of people they know and trust professionally.
"We are Africans not because we are born in Africa, but because Africa is born in us". It's about time we work together as Africans, come up with different strategies to capitalize on the continent. Africa as a continent is rich and that is not a hidden fact. Send your comment below, let me know if you agree or not.
"Coming together is a beginning, staying together is progress and working together is a success". The truth is that teamwork is at the heart of great achievements. Listen as I open up about how I had to make the dream work.
The difference between an opportunity and a business idea is metamorphosed when an action is taken. A business idea without execution leads to a dead-end, yet a business idea with execution becomes an opportunity. Listen as I express my views.
Mahatma Gandhi once said, "Woman is the companion of man, gifted with equal mental capacity". Authority is not defined by gender, authority is only defined by capability. Listen as I express my views.
PR has the ability to raise companies' authority, building relationships with important people and managing your reputation. PR can also benefit personal branding on a large scale. If you need tips, lend me an ear.
Forecasting plays a crucial role in the operations of contemporary management. it's a vital and necessary aid to planning and planning is the backbone of effective operations. Several organizations have failed due to an absence of prediction or faulty prediction on which the planning was based on. Listen as I offer tips about prediction for your business.
It is important not to take small objectives for granted, sweeping things under the carpet has a way of making one trip and fall eventually. Getting rid of wasteful expenditure is one of the ways to improve business growth. Listen as I unpack my views on Wasteful Expenditure.
Certain job positions don't seem promising at the beginning and other job opportunities are appealing from a distance. That's why I advise individuals to never leave their current working position on a bad note. Listen as I express my views.
The difference between being a business owner and business operator. A business operator is an individual that runs the day-to-day operations of the business, whereas a business owner gets business through association. So now you tell me, would you rather be a business owner or business operator?
Meditation as a whole is about repairing and restoring. So how about "meditating on your vision" in the context of refocusing and rebuilding your business's vision and mission for the better. Listen as I delve deeper into this topic.
Business is generated through sales and sales generate profit. The sales aspect of a business has the potential to unlock opportunity gaps. Listen as I elaborate on the importance of sales.
The high-quality phase of opposition is that through it we find out what we are capable of and how a whole lot extra we can surely do than we ever believed viable. Listen as I give tips on how to outsmart your competition.
"The difference between a helping hand and an outreached palm is a twist of the wrist". A helping hand can be as small as shaping an individual towards their future dreams. Listen as I delve into this topic.
Some time back there was a trend that most people were following "Open up the industry". This trend was mainly for the entertainment industry, what about the other industries within the country? It's about high time we talk about gatekeepers. Listen as I express my views.
Bouncing back from a failed business is never easy, but it's important to analyze the root of the failure and try again. As I quote one of the famous sayings: "Keep your head up, or your crown will fall".
"The size of your success is measured by the strength of your desire, the size of your dream and how you handle disappointment along the way"
As much as fashion trends come and go, so do business trends. Lend me an ear, as I elaborate on the topic, business trends.
Selling and buying a business comes as an investment to many businessmen, but do they understand the attachment of value that a business carries? Listen as I delve into this topic.
"Health is a state of mind, Wellness is a state of being" Benefits of Exercising in the workplace: Increase brain power, better sleep, motivated employees, reduced stress, etc. there's alot more benefits that come with incorporating fitness activities within a work environment. Listen as I expand more on this topic.
Marketing has evolved into the Digital Age. But what happens to the old ways of marketing? Do we not take them into consideration when we plan our marketing strategy?. Listen as I unpack my views on Traditional Marketing
I've always said that support is essential to any business success. Therefore I repeat "Support your friends business and progressions, like you support your celebrities that you personally don't know". Listen as I express my views on the importance of a support structure.
I came across a quote earlier today that got me thinking. "Ten years from now, make sure you can say that you chose your life, you didn't settle for it". Regardless of how one starts the race, the most important phase is how one finishes it. Listen only if you are willing to finish this year on a strong note.
In the words of Bill Gates: "The competition to hire the best will increase in the years ahead. Companies that give extra flexibility to their employees will have the edge in this area". Hiring an employee with the same vision and mission for an organization will contribute to the organization's success. Listen as I expound further into this topic.
Brand Recognition is built on Brand Reputation. With a consistently good reputation, a brand is guaranteed to make it's brand synonymous to its identity, and what better way to advertise their brand? Through branded merchandise!
How does an entrepreneur create oneness within an organization? Through team-building activities and incentives. It is essential that entrepreneurs get to know their employees as well as understand the vast personalities within an organization. Through this act, the organization culture is developed and profitability becomes sustainable. In this episode, I elaborate on the importance of motivating your staff.
Socialising doesn't always have to do with entertainment, clubbing or anything of the sort. It can be used to introduce a business idea or recruit investors. It is better known as networking in business circles. It can radically shift business ideas, turning them into reality. In this video, I speak on the use of events as a marketing tool.
This saying has become so cliche but remains more relevant to modern business than ever: To this day it results in conflict, greed, the pursuit of personal agendas, you name it. Watch as I expand on these matters.
Every organization aims to make a profit and that profit needs to cover all expenses that deal with the business. In this episode, Vusumuzi Ndhlovu will discuss the importance of payments as a businessman.
Financial awareness and acknowledgment are very critical to a business venture. Without substantial cash flow, the organization is running on a deficit. It is essential that as an entrepreneur you understand concepts, procedures and the importance of solving financial problems. Give this a listen and place your thoughts in the comment section.
Lesson of the day: keep all personal interests, including protecting your ego outside. The age-old adage iterates: don't mix business and pleasure. In this video, I expand on these matters.
Entrepreneurs should consider a wide(r) variety of knowledge sources. The advancement of the internet is decentralizing knowledge. Every knowledgable person can grow up to "profess". In this video, I expand on why and how you should learn as an entrepreneur.
The technical side of business matters no less than the practical side. Contracts are one of those technical affairs. Big businesses hire professionally trained individuals to tackle such matters but what happens when you're a small business? In this video, I delve deep into the technicalities of contracts and what an entrepreneur ought to be mindful of before signing one.
Here are my reflections on the journey I've travelled in creating content for my personal brand. The reasoning, the nay-saying, the highs, the lows and what lies ahead. This is fit for any person planning on creating content.
The power of planning has the ability to either make an organisation successful or make it run on a deficit. It is important that the planning process is aligned with the organisation's vision and mission. In this episode, I talk about the importance of planning and ways to break-down the planning process.
"The goal of education is understanding and the goal of training is performance". Skill development remains the organisation's priority and is an essential key to business success. In this episode, I talk about the importance of educating your employees about business.
Brand identity and your reputation are very essential to any business success. With a consistently good reputation, a brand is guaranteed to make it's brand synonymous to its identity.
"Sacrifice has a meaning when the person has value for that sacrifice. Otherwise, it is meaningless". Respect and Sacrificing is equivalent to Value. This episode elaborates the importance of sacrifice and respect within an organisation.
The use of advertising on social media platforms has taken the advertising world by storm. Just one post has the ability to reach your demographic and has a direct impact on your target market.
Is retrenchment necessary? Firing an employee is never easy, especially if the employee played a role in the company, although it's essential to a certain degree. This episode gives out advice on how to keep your job and remain employed.
As an entrepreneur, one has to understand the importance of self-worth. "Not all that glitters is gold". Always do your research before entering any business venture or collaborating with businesses.