Streaming issues? Report here
Kieno Kammies 2019 1500 BW Kieno Kammies 2019 1500 BW
Today with Kieno Kammies
09:00 - 12:00
volume_up
volume_mute

Up Next: The Midday Report with Clement Manyathela
See full line-up
Today with Kieno Kammies
09:00 - 12:00
Home
arrow_forward
Business
fiber_manual_record
Lifestyle

[LISTEN] 'Building a business is methodical'

12 June 2019 4:26 PM
Tags:
Entrepreneurship
Business
incubators

Kaello Business Hub founder Tshepo Phakathi shares some insights on the process of starting a business.

Kaello Business Hub founder Tshepo Phakathi says building a business is a process and something that is methodical.

Phakathi who has been a serial entrepreneur for nearly 20 years says you cannot start a business sporadically and without thought.

He joined Azania Mosaka to share some pointers on the process of starting a business.

You cannot be starting businesses because you want to fulfil some sort of thing that you are concerned about or that interests you. Business is independent of what you like or don't like.

Tshepo Phakathi, Founder - Kaello Business Hub

Then you have to see that there is a viable market in that space you are interested in without you necessarily being the market.

Tshepo Phakathi, Founder - Kaello Business Hub

Research is a very difficult discipline. The biggest problem I have had in business is that I have made decisions based on intuition, it is a weak way of doing things... you have to make decisions based on data.

Tshepo Phakathi, Founder - Kaello Business Hub

What you have got to keep in mind in business is that you might start off trying to do one thing and end up doing a completely different thing. Sometimes the ideas evolve as you work and you have to be open to that, that is what makes great businesses great.

Tshepo Phakathi, Founder - Kaello Business Hub

Click on the link below to hear the full conversation and learn more....

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : [LISTEN] 'Building a business is methodical'


12 June 2019 4:26 PM
Tags:
Entrepreneurship
Business
incubators

Recommended

More from Business

vertical-logopng

University of Pretoria launches free National Support Portal for SMMEs

2 June 2020 7:45 PM

The University of Pretoria's Centre for Entrepreneurship has launched a free National Support Portal for SMMEs.

Share this:
Read More arrow_forward

Sorry we closed small business 123rfbusiness 123rf

What is the cash register till showing for small enterprises?

2 June 2020 7:18 PM

The Yoco Small Business Recovery Monitor is a live, publicly available, small business transaction data resource.

Share this:
Read More arrow_forward

sweepsouth-articleheader-700x300jpg

Are job opportunities picking up for domestic workers again?

2 June 2020 7:08 PM

Domestic workers and gardeners are allowed back at work this week, as lockdown restrictions relax under Level 3.

Share this:
Read More arrow_forward

eskom-logojfif

Can we see from electricity usage if the economy is kicking off again?

2 June 2020 6:39 PM

Level 3 of lockdown started this week and business is picking up.

Share this:
Read More arrow_forward

bread-rolls-bakeryjpeg

Surviving the pandemic : the local firm that went from selling bikinis to bread

2 June 2020 1:41 PM

Lester Kiewit speaks to Business Insider's Andrew Thomson to find out about the firms diversifying during the time of Covid-19.

Share this:
Read More arrow_forward

greenmarket-square-in-cape-town-1876jpg

Sturks Tobacco Shop shuts Greenmarket Square doors after 226 years

2 June 2020 11:30 AM

The cigarette ban has killed the oldest store in South Africa. Lester Kiewit interviews Sturks Tobacco Shop owner Diane Chakim.

Share this:
Read More arrow_forward

Dudu Myeni

Gross misconduct. Dishonesty. Recklessness - what 'delinquent director' means

2 June 2020 9:15 AM

Only very serious wrongdoing will get one declared a “delinquent director for life”, says Advocate Fay Mukaddam.

Share this:
Read More arrow_forward

Lockdown levels South Africa Covid-19 coronavirus 123rf

Hard decisions - a CEO talks about navigating the turbulence of Covid-19

1 June 2020 8:31 PM

National and business leaders have had to make some difficult decisions and will be expected to make many more as the crisis continues.

Share this:
Read More arrow_forward

Cash money rands

Purchasing Managers' Index remains in depressed territory

1 June 2020 7:37 PM

The Purchasing Managers' Index remains dismal, stuck, depressed - suggesting subdued activity.

Share this:
Read More arrow_forward

car motoring 123rf

Vehicles sales fail to kick-start into motion

1 June 2020 6:59 PM

As expected, the total lockdown that was in force resulted in almost zero vehicle sales.

Share this:
Read More arrow_forward

More from Lifestyle

greenmarket-square-in-cape-town-1876jpg

Sturks Tobacco Shop shuts Greenmarket Square doors after 226 years

2 June 2020 11:30 AM

The cigarette ban has killed the oldest store in South Africa. Lester Kiewit interviews Sturks Tobacco Shop owner Diane Chakim.

Share this:
Read More arrow_forward

the-fugard-theatre-cape-town

Fugard Theatre brings the performing arts to your living room with new platform

2 June 2020 11:15 AM

The Fugard Theatre has launched an online platform in a bid to keep telling stories and to ensure that audiences stay invested in theatre.

Share this:
Read More arrow_forward

Mask school student learner covid-19 coronavirus reopening reopen

Kids don’t die from Covid-19, or spread it - SA Paediatric Association

1 June 2020 2:12 PM

It’s OK to send your kids to school, says Professor Haroon Saloojee of the South African Paediatric Association.

Share this:
Read More arrow_forward

Lions-Head-hiking-cape-town-adventure-tourism-table-mountain-safety-123rf

So far TMNP is the only option for Capetonians to go hiking under level 3

1 June 2020 7:52 AM

Only open-access parks are open so hiking areas exclude access-controlled Cape Point and Boulders Beach until further notice.

Share this:
Read More arrow_forward

young-woman-at-home-staring-outside-window-lockdown-blues-123rf

'Anxiety and over-eating top 2 lockdown conditions, more South Africans smoking'

30 May 2020 10:30 AM

An Ipsos poll found that under-exercising, insomnia and depression have also been problems for South Africans under lockdown.

Share this:
Read More arrow_forward

liquor-store-sales-wine-champagne-mmc-brut-bubbly-alcohol-booze-drinking-123rf

Liquor traders brace for booze demand similar to Black Friday and NYE

29 May 2020 5:28 PM

The Liquor Traders Association of SA is expecting high demand from next week when the sale of alcohol resumes under level 3 lockdown.

Share this:
Read More arrow_forward

Drive-in cinema 123rf 123rfbusiness 123rflifestyle

Cape Town gets a drive-in cinema - with an LED screen for daytime watching

29 May 2020 2:39 PM

Initially, it’ll allow up to 150 cars, says Mother City Drive-In co-founder Lyle Masters.

Share this:
Read More arrow_forward

white-shark-diving-company-save-your-favesjpg

Tick off your bucket list post-lockdown with shark cage diving vouchers

29 May 2020 1:51 PM

The White Shark Diving Company in Gansbaai is offering adventure lovers vouchers for a shark cage diving experience that they'll never forget.

Share this:
Read More arrow_forward

Baphomet pentagram satanic satanism 123rf 123rflifestyle religion

'Hail, Satan!' – former Christian pastor registers Satanic Church in SA

29 May 2020 12:51 PM

Christians believe in the Devil. Satanists don’t. Lester Kiewit interviews Riaan Swiegelaar, cofounder of the SA Satanic Church.

Share this:
Read More arrow_forward

200514-elderly-old-agejpg

140 Covid-19 cases at 20 old age homes across WC, says Social Development boss

28 May 2020 4:51 PM

A number of old age homes in the Western Cape have had Covid-19 outbreaks, the Department of Social Development has confirmed.

Share this:
Read More arrow_forward