Small Business Focus

Ignore (almost) every opinion (and 4 other business lessons 2015 taught)

(Click here for more articles on small business ownership.)

(Also read "2015 has been tough, but it sure had some good money lessons to teach us")

The Money Show’s Bruce Whitfield interviewed Nic Haralambous, CEO and Co-founder of Nicksocks.

Haralambous discussed these five business lessons 2015 taught him:

  • Raise partners, not money

  • Strong opinions, weakly held

  • Plan long term, hustle short term

  • A quick decision is better than no decision

  • Ignore almost every opinion anyone has, ever

Scroll down for quotes from the audio below.

I started this company with R5000.

Nic Haralambous, CEO and Co-founder of Nicksocks

Our bricks-and-mortar store easily outsells our website.

Nic Haralambous, CEO and Co-founder of Nicksocks

The Post Office is dead to me. We use a courier.

Nic Haralambous, CEO and Co-founder of Nicksocks

We’re putting all our profits back into the business; as you should.

Nic Haralambous, CEO and Co-founder of Nicksocks

Money is everywhere! Finding the right partners is the hard part.

Nic Haralambous, CEO and Co-founder of Nicksocks

You should be vetting your investors as much as they are vetting you.

Nic Haralambous, CEO and Co-founder of Nicksocks

Pick a route and go with it. If it’s wrong, move.

Nic Haralambous, CEO and Co-founder of Nicksocks

Physical retail is not for sissies!

Nic Haralambous, CEO and Co-founder of Nicksocks

Do what you feel is right. You know better what to do than anyone else.

Nic Haralambous, CEO and Co-founder of Nicksocks

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Ignore (almost) every opinion (and 4 other business lessons 2015 taught)


Recommended

by NEWSROOM AI

CapeTalk 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 CapeTalk community a safe and welcoming space for all.

CapeTalk 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.

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

Read More
Why businesses stop growing (a lesson for entrepreneurs)

Why businesses stop growing (a lesson for entrepreneurs)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

Woman entrepreneur? How to juggle your business and personal life…

Woman entrepreneur? How to juggle your business and personal life…

Ray White interviews Yiedi CEO Jayshree Naidoo about the special challenges female entrepreneurs face and how to prepare for them.

How to break your business (in order for it to grow)

How to break your business (in order for it to grow)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

‘Americans are brilliant at consumerism! Brilliant!’ (lessons from the US of A)

‘Americans are brilliant at consumerism! Brilliant!’ (lessons from the US of A)

Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis for his weekly small business feature.

2015 has been tough (but it sure had some good money lessons to teach us)

2015 has been tough (but it sure had some good money lessons to teach us)

2015 has been tough (money, for most, is too tight to mention), but it sure had some good personal finance lessons to teach us.

8 lessons I’ve learnt about investing from driving my car

Financial Planner for The Financial Coach Gregg Sneddon uses driving as an analogy to teach some valuable lessons about investing…

Popular articles
Hermanus resident says that violent housing protests could've been avoided

Hermanus resident says that violent housing protests could've been avoided

It’s easy to blame a small bunch of thugs but I really don’t think that’s the case – Vanessa, Hermanus resident

Naked Scientist: How much water is too much for your body a day?

Naked Scientist: How much water is too much for your body a day?

Chris Smith explains why you need to replace what you are losing and how too much water can pose some health risks.

[LISTEN] Zille responds to Lindiwe Mazibuko comments that she undermined her

[LISTEN] Zille responds to Lindiwe Mazibuko comments that she undermined her

Helen Zille responds to alleged comments made by Lindiwe Mazibuko at a dinner, saying she's doing the same to Musi Maimane.

[WATCH] Melania Trump's reaction after shaking Putin's hand

[WATCH] Melania Trump's reaction after shaking Putin's hand

Waitress praised for standing up for herself after a man touched her butt on his way to the toilet and a dog comforts its owner.

Parents no longer have to travel with children's birth certificates

Parents no longer have to travel with children's birth certificates

The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.