Don’t put it off

Efficiency and effectiveness are often at odds with procrastination. As humans we tend to do the stuff we enjoy or prefer in favour of those rather mundane, awkward or disliked chores/functions/tasks.

The last few weeks have taught us a very valuable lesson. “Do it now, while there’s time”. No one expected or predicted the force of the vandalism, looting or pillaging that occurred in KwaZulu Natal and parts of Gauteng in South Africa. Putting ‘stuff’ off will have a ripple effect on those around you. If you don’t do what needs to be done, then others can’t do what they need to do. As an entrepreneur that can have a devastating effect on your business or your clients or even yourself. You’ve heard it before. “Time is of the essence”! It truly is. Don’t put off what you could do today as you do not know what tomorrow will bring. Don’t ‘faff around’ and miss the ‘zero hour’ for any reason at all. Make you “To Do List’ and stick to it. Where possible delegate to allow you to ensure that you look after yourself and your business. There is a difference between urgent and essential.

Find you trigger points, those things that distract you. How can you manage them better? Routine usually works well to help with distractions. Manage your time. Take note of what distracts you and what eats into your time. I’m willing to bet it’s emails and WhatsApp chat. Switch them off. Close them down. Focus on the task at hand. You will get it done far quicker, and better if you choose to focus on one thing at a time. Multi-tasking and being efficient do not fit into the same sentence or way of life.

https://thewhoot.com/life/15-things-give-today?omhide=true

Entrepreneurial Women – diversification of products/services

On a daily basis I get numerous inquiries from our #WomenInBusiness website regarding help/guidance needed for business ideas.  http://www.womeninbusiness.org.za

One of the issues that is raised consistently is the fact that the enquirer is ‘not making money’ and they need help with marketing their product.  In discussions with the entrepreneur I generally discover that they have taken the focus of their core business  and diversified into a number of other unrelated products/services.  This diversification is particularly onerous when the range of products/services is from health care, through to construction to catering.  Such a wide variety of offerings can only be detrimental to the entity.  No entrepreneur, especially a small emerging business, can cope with this kind of diversification.  Through the interactions and mentoring process it becomes clear that the entrepreneur in question has been given unsound advice by friends and family.  They have often invested large sums of money registering a company.  They have not taken into consideration the onerous reporting procedures required of a company nor the accountancy costs.  The entrepreneur is under the impression that if they are a registered company they can obtain finance and are eligible for tenders.  Then they offer every single service they can think of without proper planning, testing the market, assessing their customers, no business plan or financial plan.  No vision or mission.  When questioned as to why they are not trading as a sole trader business, which is less onerous, they are ill informed as to the benefits of being a small business to start off with.

It is so sad that many aspiring entrepreneurs do not seek advice from reputable organisations or service providers.  In the long run it would have saved them large amounts of money, time and disappointment.

On our website is a link whereby members of the public are able to contact us and we will assist and start the mentoring for free (limited number of sessions).  We will also direct genuine entrepreneurs to reputable service providers who can assist them in their entrepreneurial journey.

Women Effect

Having a ‘moment’

I read this paragraph and it just made my blood pressure rise.

WOMEN WOEFULLY SHORT ON BOARD REPRESENTATION
Female representation at senior management and executive levels in South Africa is still, on average, only 20%. This is according to the REMchannel report by PwC that also showed that 61% of the women are remunerated below the median of the sample, compared to just 39% of men. By contrast, 63% of men are remunerated above the median, compared to just 37% of the women in the sample. The survey looked at remuneration data for more than 550 participating organisations and just over 4 000 senior managers and executives. Globally, there is renewed focus on the pay disparities between men and women, the report says. It argues that corporate South Africa still needs to focus on ensuring that the number of women at senior management and executive level is increased, in addition to addressing gender pay inequalities.  (Fin24)

The reason for my ‘moment’!  Why are we not appointing people to positions for which they are qualified and skilled?  Why does it have to be about #gender and even #race for that matter.  We must stop being stereotypical and allow people to be appointed for what they can do for an employer/company to improve productivity and service delivery.  The job description carries criteria and key performance areas.  So whomever you have in the position should be paid for their performance not on what body parts they were born with!!

In South Africa we have a Department of Women.  Why?  What is this department doing for our entrepreneurial women?  In fact what is this department doing for our women in general?  Absolutely nothing.  Minister Bathabile Dlamini its time you did what you are being paid an astronomical amount for!

Leadership is an action, not a position.  Donald McGannon

 

Every woman needs a champion 20.08.2018

Ted Talk “Every kid needs a champion” was shared on social media.  I don’t usually open up video’s as I find them tiresome and tedious and often vocally laborious.  But something made me listen to Rita Pierson.  She was down to earth, real and right.  Every child needs a champion.  Every child needs someone to believe in them.  So does every woman.  This made me reflect on why #WomenInBusiness was formed.  We are not a glorified business organisation that caters to sponsors and successful women.  We have survived for 13 years (founded July 2005) without major sponsorship, without huge amounts of money, without glamour and glitz.  We have survived through sheer dedication and voluntary support by our members to one another.  We have stood alone and not been dictated to by sponsors or donars because we feel that we represent and support our small enterprise entrepreneurs. Why have we survived?  Because we have been champions for one another.  We can reach out at any time on numerous platforms and find someone to talk to even if its only virtually.

The networks that have been established over the last 13 years are extensive.  We do not necessarily have to have functions and events to prove our existence.  We exist to support our members – via social media and face to face.  We don’t charge anyone to join our social media platforms.  Interaction and sharing of ideas and information is encouraged.  No one is on an ego building power hunting journey.  We just do what we do because we are champions for one another.  Just like Rita Pierson says in her Ted talk, every kid needs a champion, so does every woman need a champion.