Do Business Well

• You can start your business career at any age. Karel Bos began manufacturing exhaust systems for motor cars in Bosman Street, Pretoria, when he was 23. His business was called Bosal and has grown into a multinational exhaust system manufacturer.

Astrid and John Sinclair were 17 and 20 respectively when they opened their first antique shop. Today they own the very successful Sinclair Interiors.

Ray Kroc was 52 years old when he started McDonald’s, the most successful fast-food franchise in history.

A business can keep you active when you retire and ensure a continuous income for the rest of your life. Although my father’s business is running smoothly, he still has responsibilities in it now that he has “retired”.

Many respected people in our community become less visible after retirement. For this reason retirement is another word for death for many non-business people. So, go out and start your business!

• Your hobby can make a profit for you. A schoolboy, James Fisher, used his knowledge of his hobby – skateboarding – to invent the snakeboard, which can go uphill and is faster than a conventional board. The American market is estimated at 15-million snakeboards at $169 each! James’s hobby may have given him his break in life.

Could your hobby give you your break in life?

• A successful business person has visibility and credibility as most people know the value of business and realise that it takes something special to start your own. It will earn you greater respect and bring you more influence and higher status. It usually opens new doors for you.

• A business person has an international passport. Did you know that the US has a special immigration quota for successful business people? There is also an extra quota for people who will create at least 10 jobs in America.

• You can create much-needed jobs a. The entrepreneur is the key factor in running the country’s economic machine. Opportunity, raw materials, capital and even labour cannot mobilize themselves. They need you, the entrepreneur, to get them going.

This also means that our country needs entrepreneurs to ensure our freedom as jobless, hungry and desperate people tend to choose tyrants to lead them. A government can do very little to help as its activities absorb and spend wealth. Only the entrepreneurs’ business activities create wealth and jobs.

Successful business people therefore not only do well for themselves, but also for those around them. Steel magnate, Andrew Carnegie, always said that he provided the opportunity for hundreds of thousands to work while his workers provided him with the productivity to achieve something in life.

• You can earn foreign currency. If you have a good product or service you can export it. Anton Rupert for example took one million rand out of the country and brought backS1 000-million!

It should preferably be one of your long-term goals to enter the export market as our economic future depends upon foreign sales. Fortunately the enormous international markets are opening up.

• You can take advantage of new opportunities. Change always brings new opportunities. I believe that a political and economic settlement will be reached here, which means that thenineties will be the most exciting years in our business history.

Are you going to be one of those taking the opportunities, or one of those who will later wish they had?

• A successful business can make you independent and give meaning to your life. Who does not want to be his or her own boss and to work for his or her own advancement? It is fantastic to be independent.

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