Thriving Mag Issue1 Preview
Issue 1: May/June 2017 You’ll learn things like… • Staying focused to gain ROE (Return on Effort) • HOW I DID IT: How I secured R400K from an Investor • KasiPreneur: Itumeleng Mpatlanyana on changing the game on township business • Gil Oved, Polo Leteka, Dawn Nathan Jones, Romeo Kumalo on What Investor’s want • Homecoming Revolution: Building a business that is working on building Africa back through skills. • Media Personality Azinia Mosaka and her Partners works towards building a global brand • Compliance pays and how keeping your house in order can help build your business • AND MUCH MORE OF COURSE!
Issue 1: May/June 2017
You’ll learn things like…
• Staying focused to gain ROE (Return on Effort)
• HOW I DID IT: How I secured R400K from an Investor
• KasiPreneur: Itumeleng Mpatlanyana on changing the game on township business
• Gil Oved, Polo Leteka, Dawn Nathan Jones, Romeo Kumalo on What Investor’s want
• Homecoming Revolution: Building a business that is working on building Africa back through skills.
• Media Personality Azinia Mosaka and her Partners works towards building a global brand
• Compliance pays and how keeping your house in order can help build your business
• AND MUCH MORE OF COURSE!
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ISSN 2518-8372<br />
9 772518 837782
vwcommercial.co.za<br />
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Don’t be afraid to start,<br />
go for it but work hard...<br />
Welcome to our <strong>Thriving</strong> World,<br />
The idea was birthed on the notion to inspire and mentor<br />
the potential of tomorrow’s leaders. With our <strong>Thriving</strong><br />
brand we aim to tell amazing colourful South African<br />
entrepreneurial and leadership stories, including<br />
mentorship advice, tools and services that can help your<br />
small business grow. I was truly inspired by the power of<br />
mentorship and helping other people realise their<br />
potential to be great and reach for their dreams.<br />
We see the <strong>Thriving</strong> brand becoming part of the<br />
entrepreneurial culture needed to change the SA<br />
economic landscape. We need more and more people<br />
to go to school and start growing their own businesses.<br />
The current unemployment rate in the country can only<br />
be changed through entrepreneurs taking more risks to<br />
pursue their goals. I personally believe entrepreneurs and<br />
leaders can help shape our greater society and influence<br />
the community positively.<br />
One thing I am constantly learning, is you must never give<br />
up and you should have the determination to drive your<br />
goals and aspirations and be willing to do what it takes<br />
to succeed. It is never easy to start a business. But the<br />
passion, drive and hunger to succeed should push you to<br />
start following your dreams and aspirations.<br />
Be willing to put in the hard work<br />
Hard work never killed anyone. For your business to be a<br />
success, it is always important to be willing to roll up your<br />
sleeves and get the job done, paying attention to detail<br />
and producing excellence in the product and services you<br />
offer customers and clients.<br />
From left:<br />
Polo Leteka,<br />
Romeo Kumalo,<br />
Dawn Nathan-Jones,<br />
Gil Oved and<br />
Lerato Dontache.<br />
Have a clear goal<br />
Never start any venture or ask any<br />
funding if you don’t have a clear goal.<br />
It is crucial that you understand no<br />
one will back something that you don’t<br />
understand. It is important even as you<br />
expand your brand and business that<br />
you keep referring to your execution<br />
plan and ensure you stay focused.<br />
Understand your business and your<br />
market<br />
With constant research and finding a<br />
mentor through our TEN [<strong>Thriving</strong><br />
Entrepreneur Network] platform we<br />
believe you can enjoy your<br />
entrepreneurial journey with advisory<br />
teaching through our panel of experts.<br />
Have FUN and be open to learning as<br />
you go<br />
It is great to have fun while doing your<br />
business. Doing what you love while<br />
satisfying a need through your product<br />
offerings is important. I learned this<br />
month that while trying to get your ROI<br />
right, make sure you definitely get the<br />
ROF, which is the return of FUN.<br />
Stay in tounch with me<br />
Facebook/Twitter: @leratodon<br />
Write to me:<br />
editor@thrivingmag.com<br />
Founding Editor & CEO of Dontache<br />
Media<br />
<strong>Thriving</strong> Corner<br />
Young Entrepreneur<br />
Welcome to our introductory edition of <strong>Thriving</strong><br />
<strong>Mag</strong>azine. In this April/May edition we have an<br />
exciting offer with inspirational entrepreneurial<br />
stories, advice and case studies. Our Starter<br />
section features a young entrepreneur with big<br />
dreams, Zareef Minty, along with an interesting<br />
take on a business plan or no business plan.<br />
An App that keeps the drinks going when a braai<br />
runs dry is an Innovation feature and we look<br />
at an e-commerce business, with a difference<br />
in the Grow section. In Lead we talk to Themba<br />
Mthombeni about Duma Travel’s<br />
expansion to a billion rand enterprise.<br />
Meet thriving woman Projeni Pather who<br />
brought SA moms and dads Mama<strong>Mag</strong>ic<br />
exhibitions.<br />
Featured in our Franchise section, read<br />
about how a home-grown small business<br />
was transformed into the thriving Delhi<br />
Delicious franchise. In Beyond we take a<br />
sneak peek at how three friends are taking<br />
the salon bar experience to a different level.<br />
Check in with us at:<br />
editor@thrivingmag.com<br />
Kobus Schoeman, editor<br />
2 Editor-in-chief & Founder<br />
www.thrivingmag.com<br />
<strong>Thriving</strong> <strong>Mag</strong>azine - May/June 2017<br />
3 Editor<br />
www.thrivingmag.com<br />
<strong>Thriving</strong> <strong>Mag</strong>azine - May/June 2017
CEO Themba Mthombeni has<br />
accelerated Duma Travel to a<br />
billion-rand company<br />
50<br />
Passion for coffee<br />
beans led to a<br />
special brand<br />
By the time he had reached<br />
adulthood Sihle <strong>Mag</strong>ubane<br />
had not been exposed to<br />
freshly-brewed coffee. A first<br />
taste of real coffee took this<br />
young would-be entrepreneur<br />
on a journey to become a<br />
barista, and eventually<br />
establish his own coffee brand<br />
- Sihle’s Brew.<br />
E-commerce<br />
business needs<br />
careful planning<br />
Online selling is seen as<br />
far more difficult in closing<br />
deals because the personal<br />
touch is absent. But done<br />
properly, e-commerce is also<br />
very profitable. It is expected<br />
that online retail will surpass<br />
old-fashioned walk-in retail<br />
stores. Get expert advice<br />
on how to set up an online<br />
business.<br />
14 29 38 60<br />
Millions to fund<br />
young<br />
entrepreneurs<br />
Entrepreneur, investor and<br />
group co-CEO of The Creative<br />
Counsel, Ran Neu-Ner, has<br />
personally pledged R50<br />
million to assist young<br />
entrepreneurs develop and<br />
grow their business<br />
ventures. Ongoing<br />
mentorship is also on offer<br />
to ensure sustainability and<br />
successful growth.<br />
What does it take<br />
to attract an<br />
investor?<br />
On the cover we feature<br />
Polo Leteka (CEO Identity<br />
Partners), Romeo Kumalo<br />
(CEO Washirika Holdings),<br />
Gil Oved (co-CEO of The<br />
Creative Counsel) and Dawn<br />
Nathan-Jones (corporate<br />
high-flyer turned investor).<br />
Be inspired by their profiles<br />
as they share their<br />
entrepreneurial journeys.<br />
4 Contents<br />
www.thrivingmag.com<br />
<strong>Thriving</strong> <strong>Mag</strong>azine - May/June 2017
16<br />
19<br />
28<br />
32<br />
13<br />
STARTERS<br />
Business plan or execution<br />
plan – considering the options.<br />
Meet young entrepreneur<br />
Zareef Minty and get a glimpse<br />
of how to think big.<br />
27<br />
INNOVATION<br />
An App to keep the drinks<br />
going when a braai runs dry.<br />
The role of social media in<br />
growing markets are getting<br />
more and more attention.<br />
42<br />
Terence Murphy of Parcelninja - simplifing<br />
e-commerce packaging in today’s<br />
fast-paced world<br />
Ego Iwegbu-Daley, Azania Mosaka and<br />
Linda Jangulo, Miss Salon London<br />
partners, making big strides in the<br />
beauty business<br />
79<br />
EDITORIAL<br />
EDITOR-IN-CHIEF<br />
Lerato Dontache<br />
EDITOR<br />
Kobus Schoeman<br />
WRITER<br />
Nomfundo Lukwe<br />
ART<br />
GRAPHIC DESIGN<br />
Nyiko Mabunda<br />
Ayo Nihinlola<br />
PHOTOGRAPHER<br />
Kobus Schoeman<br />
#1 RESOURCE BOOK FOR ENTREPRENEURS<br />
ONLINE<br />
WRITERS<br />
Nomfundo Lukwe<br />
Ororiseng Mmolotsi<br />
WEB DEVELOPER<br />
Guideon Katumbi<br />
THRIVING TV<br />
MUlTIMEDIA CONTENT<br />
Mathaba Khalanyane<br />
MOTION GRAPHICS<br />
Ayo Nihinlola<br />
Wilson Mulaudzi<br />
THRIVING is published and owned<br />
by Dontache Media<br />
Dontache Holdings (Pty) Ltd t/a<br />
Dontache Media<br />
CEO<br />
LP Dontache<br />
Director/co-founder<br />
NT Dontache<br />
Finance Manager<br />
Mohan Phagoo<br />
Where to find us<br />
1166 Francis Baard Street<br />
Hatfield, Pretoria<br />
0083<br />
Company Website<br />
www.dontachemedia.co.za<br />
<strong>Mag</strong>azine Website<br />
www.thrivingmag.com<br />
Email<br />
info@thrivingmag.com<br />
Tel: 012 003 0079<br />
36<br />
35<br />
MONEY<br />
Steps to follow when setting<br />
up and growing your business.<br />
Angel Jones and Faye<br />
Tessendorf are driving the<br />
Homecoming Revolution to create a<br />
brain gain for South Africa and Africa<br />
MEDIA SALES<br />
SALES MANAGER<br />
Phenyo Dontache<br />
SALES CONSULTANTS<br />
Keamogetswe Moselane<br />
Noleen Morris<br />
ADMINISTRATION<br />
DISTRIBUTION<br />
distribution@thrivingmag.com<br />
Accountant: Mohan Phagoo<br />
DIRECTORS<br />
Advertising Enquiries<br />
mediasales@thrivingmag.com<br />
Editorial Enquiries<br />
editor@thrivingmag.com<br />
Events<br />
events@thrivingmag.com<br />
Circulation & Distribution Queries<br />
Noleen Morris/Zabo <strong>Mag</strong>agula<br />
011 482 4848<br />
41<br />
GROW<br />
Lesego Shabangu<br />
LP Dontache CEO<br />
NT Dontache<br />
Disclaimer<br />
ISSN: 2518-8372. ALL RIGHTS RESERVED, REPRODUCTION IN WHOLE,<br />
DIGITAL OR PRINT WITHOUT WRITTEN CONSENT IS STRICTLY PRO-<br />
HIBITED. THE VIEWS EXPRESSED IN THRIVING ARE NOT NECESSARILY<br />
THOSE OF THE EDITOR, STAFF OR PUBLISHERS.<br />
42<br />
An e-commerce business with<br />
a difference. How Parcelninja<br />
employs technology to create<br />
an e-commerce niche.<br />
45<br />
50<br />
56<br />
Why employees are more<br />
important than customers<br />
and the value of training staff<br />
to grow a business.<br />
49<br />
LEAD<br />
Duma Travel takes the lead in<br />
corporate travel solutions from<br />
small beginnings to a billion<br />
rand enterprise.<br />
<strong>Thriving</strong> woman Projeni Pather<br />
shares her Mama<strong>Mag</strong>ic<br />
success story.<br />
68<br />
67 75<br />
FRANCHISE<br />
A home-grown small<br />
business excels to create 49<br />
Delhi Delicious stores with a<br />
unique model.<br />
82<br />
79<br />
BEYOND<br />
Three friends take the salon<br />
bar experience to a different<br />
level.<br />
Contents<br />
74<br />
Informed choices are needed<br />
when considering going it alone<br />
or buying a franchise.<br />
6<br />
www.thrivingmag.com<br />
Contents<br />
<strong>Thriving</strong> <strong>Mag</strong>azine - May/June 2017
EXPERT<br />
CONTRIBUTORS<br />
Conrad David<br />
Conrad David is founder and CEO<br />
of Hashtag South Africa, a social<br />
media technology company<br />
focusing its growth objectives<br />
in line with the vision “2030<br />
South Africa”. In 2016 he was<br />
recognised among the 100 most<br />
influential South Africans in<br />
science and technology, and has<br />
published articles on the power<br />
and utility of social media.<br />
Frank Vos<br />
Changing a stressful career as CEO<br />
of a leading international company<br />
for a career that is aligned with<br />
his passions and interests, Frank<br />
Vos works as a business and HR<br />
advisor, specialising in<br />
organisational efficiency through<br />
employee engagement. He uses<br />
the tenets of emotional<br />
intelligence, quiet leadership and<br />
sound business principles to<br />
facilitate change in the workplace.<br />
Kurt Illetschko<br />
Kurt Illetschko is a Life Member<br />
of Fasa and has been involved<br />
with franchising since 1975, with<br />
hands-on experience as franchisee,<br />
franchisor, franchise consultant,<br />
author of several books and articles<br />
on franchise-related topics. As the<br />
owner of ManualMakers CC, he<br />
produces operations manuals and<br />
other documentation required by<br />
franchisors.<br />
Lynn MendonÇa<br />
Lynn MendonÇa is a business and<br />
expansion consultant. For the past 18<br />
years she has specialised in assisting<br />
businesses and prospective franchise<br />
companies in expanding operations<br />
by franchising, licensing, and other<br />
business distribution mechanisms. She<br />
has extensive franchise operating<br />
experience, gained through years in<br />
a senior management position within<br />
a large national and international<br />
franchise organisation.<br />
Ann Kleynhans<br />
Ann Kleynhans is the founder of<br />
leading ICT company, CEOS<br />
Technologies in 1998; CEOS<br />
Holdings Group Property<br />
Development Company 2004; CEOS<br />
Academy 2006; President of the ICT<br />
Collaboration Forum in South Africa;<br />
and Ambassador of United Success<br />
SA. She is inspired by growth and<br />
success and believes leadership<br />
qualities enable success and<br />
superior service.<br />
Contributors in this issue<br />
provide valuable<br />
advice for budding and<br />
established<br />
entrepreneurs<br />
John Lloyd<br />
John Lloyd is a business growth<br />
strategist, award-winning marketer,<br />
speaker, author and columnist.<br />
Invite John to educate and inspire<br />
your team or industry association<br />
at your next conference or event.<br />
www.brandstorm.co.za / john@<br />
brandstorm.co.za<br />
Catherine Wijnberg<br />
Catherine Wijnberg is the CEO<br />
and founder of Fetola, a<br />
company of business growth<br />
professionals with a focus on<br />
sustainable enterprise and<br />
supplier development. She has a<br />
long history as an entrepreneur,<br />
having owned and operated<br />
businesses in five different<br />
sectors. Self-styled “enterprise<br />
activist” she is qualified with a<br />
Masters degree in Agriculture.<br />
Nokwazi Mzobe<br />
Nokwazi Mzobe has more than eight<br />
years’ experience working with two<br />
fortune 500 multinationals in the<br />
FMCG and Telecoms industries in<br />
markets across the Middle East and<br />
Africa in the areas of logistics, market<br />
planning and corporate finance. Since<br />
2013 she has been a coach and<br />
mentor on the Goldman Sachs-GIBS<br />
10 000 women Certificate<br />
programme.<br />
Duncan Fraser<br />
Duncan Fraser is a certified<br />
financial planner who runs his<br />
own professional practice in<br />
Johannesburg. He provides an<br />
independent service. His financial<br />
advice and strategies reflect his<br />
many years of experience and<br />
knowledge of the financial<br />
industry, over 30 years. He has a<br />
banking diploma and a CFP post<br />
graduate diploma.<br />
Jason Newmark<br />
Jason Newmark is co-founder &<br />
CEO of Plan My Wedding & The CES<br />
Collection. As a people’s person he<br />
likes to network and build lasting<br />
relationships, translating value into<br />
action through people, by<br />
energising them and turning<br />
information into action. His start-up<br />
company, Plan My Wedding,<br />
recently spread its operation to the<br />
whole of Southern Africa.<br />
Tony Dovale<br />
Tony Dovale is founder and CEO<br />
of Life Masters, developer of<br />
the Revolutionary Workplace<br />
High Performance system and<br />
author of SWIFT Success. Over<br />
the past three decades he has<br />
helped thousands of people and<br />
teams to achieve personal and<br />
business breakthroughs with his<br />
SWIFT change methods with the<br />
quickest, most lasting results, in<br />
the shortest time.<br />
Anton Ressel<br />
Anton Ressel is a senior consultant<br />
at Fetola and the director of ARC<br />
Consulting. He has 20 years’<br />
experience as an entrepreneur,<br />
trainer, business developer and<br />
mentor in the SME space. Clients<br />
like Old Mutual, Transnet, W&R Seta<br />
and the Presidential Jobs Fund<br />
support Fetola programmes. He is<br />
also a published writer for<br />
Sawubona, Business Day, fin24,<br />
and others.<br />
#1 RESOURCE BOOK FOR ENTREPRENEURS<br />
MAGAZINE<br />
www.ten.network<br />
Ten App <strong>Thriving</strong>mag <strong>Thriving</strong>_mag <strong>Thriving</strong>_mag<br />
8<br />
www.thrivingmag.com<br />
Contributors<br />
<strong>Thriving</strong> <strong>Mag</strong>azine - May/June 2017
4<br />
1<br />
Valuable Tips on How Focusing Can<br />
Increase Your ROE (Return on Effort)<br />
Sign up to TEN Online<br />
www.ten.network<br />
Stop Multitasking, It<br />
Doesn’t Work<br />
You have a lot to do as an<br />
entrepreneur; multitasking is<br />
killing your productivity. Decide<br />
what you need to do and then<br />
schedule it. Honour your schedule.<br />
And if you are challenged to keep<br />
to your schedule, do it in small bite<br />
sizes at a time.<br />
Learn to Delegate<br />
Inability to focus on a task may be<br />
a sign you aren’t the best person to<br />
do that work. Force yourself to not<br />
do things you dislike, consider<br />
delegating that work. You’ll be<br />
happier and more productive, and<br />
get a much higher ROE on your<br />
time.<br />
2 3 4<br />
REGISTER<br />
LOGIN<br />
To Be Focused, Be<br />
Prepared<br />
Most entrepreneurs have a difficult time<br />
focusing because they start their days and<br />
weeks asking themselves what their<br />
priorities are. So they start their days and<br />
weeks without any focus points. End your<br />
week with a goal for the following week,<br />
end your day with a focus for the next day.<br />
Train Yourself to Stay<br />
Focused<br />
Is it possible to train yourself to focus? Yes,<br />
simply begin by working with a timer. Set<br />
the timer for 20 minutes, and during that<br />
time only focus on the task at hand. Don’t<br />
allow yourself to check emails, social<br />
media or texts. Remind yourself that it’s<br />
only 20 minutes. After repeating the task<br />
of a 20-minute session, exercise for a<br />
seven-day period, move up to 30-minute<br />
sessions. Before you know it you won’t<br />
even need the timer.<br />
MESSAGE<br />
CONNECT<br />
11 Social Interactive<br />
www.thrivingmag.com<br />
<strong>Thriving</strong> <strong>Mag</strong>azine - May/June 2017