Small Business Focus, Evergreen Content

Risks (and opportunities) of each phase of a small business’ lifecycle

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator Director and CEO Pavlo Phitidis for his weekly small business feature.

Phitidis looked at the three main political parties - EFF (start-ups), DA (growth) and ANC (maturity) - to explain the structure of the business development lifecycle.

  • What are the risks and opportunities that each of these phases of the business lifecycle presents?

  • How do you prevent such risks from materialising?

  • How to you realise the opportunities?

Scroll down for quotes from the audio below.

Julius Malema has a long political history. It’s like working in a large corporate, seeing what they’re doing wrong, then leaving to create your own start-up in that space.

Pavlo Phitids, Aurik Business Accelerator

The ANC has to cannibalise itself before it gets cannibalised.

Pavlo Phitids, Aurik Business Accelerator

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