Creating an economy where there is no economy is becoming a skill of successful business owners, said Aurik Business Accelerator founder Pavlo Phitidis.
In our economy - which constantly flirts with recession – the timing could not be better to create your own economy.
Phitidis describes "economy" as the latent potential to do and grow business.
It's everywhere and lives in both growing and shrinking economies.
For more detail, listen to the interview in the audio below (and scroll down for quotes from it).
We might be slipping back into a bit of a recession… huge anxiety over our power supply…— Pavlo Phitidis, founder - Aurik Business Accelerator
I’m talking about improving my and your experience…— Pavlo Phitidis, founder - Aurik Business Accelerator
The opportunities that you can create in a market that seems satisfied… the businesses operating here are focused on a product economy… the new opportunities are created in the experience economy…— Pavlo Phitidis, founder - Aurik Business Accelerator
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
Inflation is low; the economy is weak. But Lesetja Kganyago is taking no chances, says FNB's Mamello Matikinca-Ngwenya.
Madisa will soon become Bidvest’s CEO and the only black woman CEO of a JSE Top-40 company. At 39, she’ll also be the youngest.
Consumer journalist Wendy Knowler uncovered evidence of banks sending dealer principles on holidays abroad for hitting targets.
Lumkile Mondi (Wits), Ferial Haffajee and Busisiwe Mavuso (Business Leadership SA) on the President's upcoming "slim" Cabinet.
The account costs R4.95 per month; you get 1GB of free data. Swipe 4 times a month; you get 0.5GB of free data and R50 airtime.
Former Morning Live co-anchor Tracy Going opens up about her attitude to money (hopes and fears, successes and failures, etc.).
ANC veteran Mavuso Msimang says South African ambassador to Denmark should be held accountable for her tweets.
Survivor Mark Thackwray believes he has been a second chance at life.
Khabazela shares tweets and Facebook posts that have gone viral.
His family believed he had died and performed a memorial service for him but now they are struggling to get him back home.
Busisiwe Mkhwebane is reportedly probing President Cyril Ramaphosa for alleged money laundering to the tune of R400m.
A waitress at The Beerhouse in Fourways who received the generous donation wants to finish her matric and become a paramedic.
The name Mabena has become synonymous with out of step and clumsy soldiers, and it seems one made an appearance at Parliament.
After Will Smith and Jada Pinkett-Smith shared the video of Ivanah Campbell dancing it has been viewed over 10 million times.