UCT surgeons use holographic helmet to perform shoulder replacement surgery
Reserve Bank considers creating SA-only cards to take on Visa and Mastercard
NPA: We are unaware of Markus Jooste balance sheet fraud charges in Germany
Ready for Zuma Part 2? Duduzane Zuma sends clear message of leadership intent
Zondo Commission lawyers and investigators have not been paid for 5 months
Govt 'admits' private sector could buy vaccines, but it's not that simple
'Genius' new app buys you shares in the company you're shopping at
Kuli Roberts: I've been working since the age of 7; I'm not flashy
FirstRand declares dividend after rebound 'exceeds group's expectations'
John Maytham's Book Reviews: 5 March 2021
Online dating: 'WhatsApping is not communicating when you don't know somebody'
Home exercising and online shopping trends a boon for fitness-related businesses
CT Cycle Tour kicks off virtual tour with visuals of actual Cape Peninsula route
Semenya's lawyer says her fight is going to European Court of Human Rights
It's a new era - Stormers ready for fresh start at Cape Town Stadium, says coach
Coming2America star Nomzamo Mbatha joins Sara-Jayne King on Weekend Breakfast
[WATCH] "It's called Love Island, not Love 'Robben' Island..." - Coconut Kelz
"How do we build a rainbow nation if TV shows only feature a certain race?"
At height of 80s AIDS pandemic this woman sat with shunned and dying men
Bacteria can become resistant to sanitisers
Dolly Parton gets taste of own medicine, sings about vaccine while getting jab
Aspire Art Auction: Buying art for long-term investment
How we can ensure everyone has a fair shot at getting the Covid vaccine
'Kenya Airways said SAA is our role model! We want lots of government money!'
Small honey producer takes on Food Lover's Market in trademark battle
Doom ad not racist says ARB. But why pair Doom and food in the first place?
Please Mr Postman: When did you last pen a handwritten letter?
How to start your own business (by a guy who started his with almost no money)
The first step of just starting… that part is really not that complicated. It’s a fear of failure that prevents us from taking that first step…
Nic Haralambous
The newer way of thinking is something called a ‘Minimum Viable Product’…
Nic Haralambous
Nic Haralambous started wild/crazy/luxury sock company Nic Harry from his bedroom to prove a point – you can start a lucrative business in a short time with almost no money.
Haralambous had only R5000, yet he turned a small profit after a month.
The Money Show’s Bruce Whitfield interviewed Haralambous for his weekly small business feature.
Haralambous spoke about starting you own business (focussing on the first steps and processes).
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Everybody has an idea, but that does not mean that your idea has a place in the world.
Nic Haralambous
If you think you’ve come up with an idea in the shower; you are patently wrong! The chances are your idea doesn’t solve a problem… If it’s big in YOUR world, it doesn’t mean it’s big in THE world… If you have an idea you’ve got to do your research!
Nic Haralambous
Ideas are worth absolutely nothing…! The greatest entrepreneurs in the world are building their own stuff…!
Nic Haralambous
You can’t plan for a billion dollar business at step one…
Nic Haralambous
If you’re so confident about your idea; build it! Ideas are worthless…
Nic Haralambous
It’s a fallacy that overnight successes exit! There is no such thing…
Nic Haralambous
Take the risk! There is no success minted in being cautious… Build your idea! There are no businesses built by thinking; you build by doing.
Nic Haralambous
Reframe the concept of ‘failure’. Failure is just a way to learn…
Nic Haralambous
Never waiver on your vision; the way you get there can change.
Nic Haralambous
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
This article first appeared on 702 : How to start your own business (by a guy who started his with almost no money)
More from Small Business Focus
Strategies to help your small business not only survive, but thrive in 2021
Entrepreneur Pavlo Phitidis has tips for business owners looking for a plan of action to tackle current uncertainty.
Read More
No such thing as 'no time' for a side hustle! 5 tips from a serial entrepreneur
'It's a priority problem!' Nic Haralambous shares his tried-and-tested time-organising tips to increase your income in 2021.
Read More
Lockdown destroyed 42.7% of small business in South Africa – study
It’s heart-breaking; the results of a study by Finfind and the Department of Small Business Development.
Read More
South Africans preferred buying from small businesses this Black Friday - data
The Money Show’s Bruce Whitfield interviews Katlego Maphai, CEO at Yoco, SA’s largest independent mobile point-of-sale provider.
Read More
Not ready to become an entrepreneur but you have a brilliant business idea?
'Ideas are currency, but execution is wealth.' Pavlo Phitidis has advice on how to monetize and also protect your idea.
Read More
'The businesses growing fastest during the pandemic are those that simplified'
Time is the most precious commodity in the world. Business owners must learn to 'manufacture' time to thrive says Pavlo Phitidis.
Read More
How to optimise cash flow and reduce interest charges
Absa’s working capital management solutions help businesses successfully manage their cashflows and working capital.
Read More
Nando’s ad agency M&C Saatchi Abel built a behemoth while the economy declined
Mike Abel (author of "Willing & Abel: Lessons from a decade in crisis") on how to build a business when the economy is shot.
Read More
Small Business Focus: Onion peeler lessons for SMEs
Pavlo Phitidis tells more about a strategy that he has been using for years and how to apply this in a business.
Read More
Wealth strategies for small businesses - income or equity?
Income or equity – what is the difference?
Read MoreMore from Evergreen Content
Dog owner? Here's some key advice on how to lessen liability for dog attacks
If your dog bites someone - what does the law say? And how can you mitigate the risks of a potential lawsuit?
Read More
'How I overcame my addiction and found my freedom at the Healing Wings Centre'
Addict-turned-equine therapist Tash Curtis shares her remarkable story of recovery and self-discovery at the Healing Wings Centre.
Read More
5 pro tips on how to declutter and get rid of stuff that's holding you back
Cape Town-based organising consultant James Smal shares some expert tips on how to make room for new things in 2020.
Read More
How to save and buy an island (you need only R2000 per month)
Saving money on boring stuff such as a car can allow you to do really outrageous and courageous stuff, says Sam Beckbessinger.
Read More
Marketing is becoming the single most important key to success in small business
'Marketing' is not 'sales'. It’s not noise. It's a science, and you must get it right, says Pavlo Phitidis.
Read More
Kahn Morbee (real name 'Dingaan') of The Parlotones opens up about his money
The Money Show’s Bruce Whitfield interviews Morbee about his attitude to money (hopes and fears, successes and failures, etc.).
Read More
How to build a resilient small business
Small business guru Pavlo Phitidis on the basics of building a resilient business. He gives clear guidelines for getting it right.
Read More
Story of Van Loveren Vineyards and 'Four Cousins', SA's top-selling bottled wine
Bruce Whitfield interviews Phillip Retief, CEO at Van Loveren Vineyards, the origin of the SA's top-selling wine, "Four Cousins".
Read More
Going broke scares me, because I've been there - Darren 'Whackhead' Simpson
Bruce Whitfield interviews Darren ‘Whackhead’ Simpson about his attitude to money (hopes and fears, successes and failures, etc.).
Read More
Bruce Fordyce – one of South Africa’s all-time greats - bares his soul
The Money Show’s Bruce Whitfield interviews athlete about his attitude to money (hopes and fears, successes and failures, etc.).
Read More
Highlights