One of the most difficult things to find is data on SMEs.— Darlene Menzies, Finfind
The one thing every entrepreneur needs is finance… because we’re offering a free service… we don’t find it difficult to gather data…— Darlene Menzies, Finfind
Data is the new oil.
It brings home the bacon.
Menzies spoke about SME data in South Africa, or rather the lack of it.
She also shared her thoughts - for small business owners going into 2018 - on innovation, risk and failure along with cash flow, content marketing and business rescue.
Finfind brings together the providers and seekers of SME finance with a focus on finance readiness.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Most small businesses go straight to the bank… they are very risk averse…— Darlene Menzies, Finfind
A lot of small businesses are going for the wrong kind of finance.— Darlene Menzies, Finfind
If you can’t get access to that data, it becomes very expensive to access your customer…— Darlene Menzies, Finfind
Gathering data from entrepreneurs is hard, because they’re very busy.— Darlene Menzies, Finfind
Innovation is seeing what everyone sees and doing things differently.— Darlene Menzies, Finfind
We’re sitting in a country with a lot of challenges, which creates a lot of opportunities.— Darlene Menzies, Finfind
Be honest with yourself. Is this a hobby, or a business?— Darlene Menzies, Finfind
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