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Opportunity Issue 104

Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).

Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).

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BUSINESS RESILIENCE<br />

Connect Space has prime locations available in KwaZulu-Natal.<br />

A failed turnaround strategy and unsuccessful business rescue<br />

attempt left the company facing voluntary liquidation.<br />

“Feeling like our world had just come to an end, we began<br />

navigating our way through the liquidation. At the time I envisaged<br />

locks on doors, ruined lives, repossessed equipment, the sheriff at<br />

my home, rejection and alienation. What we witnessed was love,<br />

compassion and support,” he says.<br />

They found creditors who were prepared to engage, supportive<br />

customers and motivated staff. “This drove us to find a way out,<br />

but we had to get the support of the liquidators. Having presented<br />

our case to them, they agreed to a ’holding pattern’ where we<br />

could continue trading under their administration. In essence, the<br />

old business was dead, but they were giving us the opportunity to<br />

birth a new one,” he says.<br />

It was January 2021. His previous business partner took charge<br />

of the Johannesburg businesses, leaving him two in Durban.<br />

Bradley says that the Covid landscape has created a unique set<br />

of circumstances where the skills he had honed operating in the<br />

short-term and small office rental market over the past 15 years<br />

were perfect to support landlords.<br />

“Today, we’re a startup, a new brand and a new business but<br />

100 times more prepared than before. The market has changed<br />

and so have we. We’re developing a new model, one that suits the<br />

future of space and services and one that will better benefit the<br />

user. Our immediate goal is to build the brand and dominate the<br />

market with a range of products more suited to the agile, workfrom-anywhere<br />

workforce.”<br />

Throughout this change, remembers Bradley, EO provided him with<br />

a safe space and support base while he was “figuring things out”.<br />

Recovering and connecting<br />

Saskia Hill: owner of MCS Debt Recovery and founder of<br />

Connect BPS<br />

Saski Hill’s business was completely destroyed during the July<br />

2021 unrest in KwaZulu-Natal.<br />

“How do you react when you are told that your entire business<br />

has been burnt down? Not through negligence but by political<br />

unrest, something which is totally out<br />

of your control? This is something that<br />

you never expect to happen. It was an<br />

emotional, stressful time,” she recalls.<br />

MCS Debt Recovery counts leading<br />

banks, financial service providers,<br />

insurance companies and retailers<br />

as clients. Connect BPS’s clients are<br />

American based.<br />

It was these clients, together with<br />

staff, suppliers and her network of<br />

business associates who helped her<br />

begin to rebuild her business and,<br />

quite literally “rise from the ashes”.<br />

Saskia Hill<br />

“Every challenge you face in business allows you to build resilience<br />

and endurance which ultimately makes you stronger. When tragedy<br />

struck with the burning of the MCS/Connect building, I had to tap<br />

into that resilience to move forward. My inner strength and courage<br />

was supported by an amazing group of people.<br />

“It is during these challenging times that you call upon the<br />

relationships in which you have invested through the years, your family,<br />

friends, industry associates, mentors and business supporters.<br />

“This includes our EO tribe! Members from around the world<br />

reached out to me to offer assistance. The members were there<br />

to encourage, support and motivate me through the journey of<br />

rebuilding,” she says.<br />

One year later, the building is still not rebuilt. However, she has been<br />

able to re-establish her business and continue her entrepreneurial<br />

journey despite the turbulent economic times.<br />

“As entrepreneurs, we need to have a good understanding of the<br />

operations from the shop floor to the disaster-recovery procedures<br />

The building might not be ready yet, but the staff of MCS Debt Recovery are raring to to.<br />

www.opportunityonline.co.za | 51

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