News, Updates, & Resources

Chapter 17: Skills Are Needed

I remember it clear as day, finishing high school and knowing I wanted to be my own boss.  Whilst chasing tertiary education, I wanted to start a side business and earn cash. My friend and his Dad were repairing commercial printers on the side and they asked me if I...

Chapter 16: Annual Perspective

A huge shift in mindset is quantifying operations.  What do I mean by this?  How do you measure your businesses progress? When business owners talk to other business owners, they talk about gross turnover.  More importantly, they talk about the years’ performance. ...

Chapter 15: CMA – Competitive Market Analysis

The content is slowly gearing up to starting a business.  Once you have identified a model that works for you, the next important step is CMA. From my experience, every time I identify a business model that interests me, I google search the business I want to start. I...

Chapter 16: Annual Perspective

A huge shift in mindset is quantifying operations.  What do I mean by this?  How do you measure your businesses progress? When business owners talk to other business owners, they talk about gross turnover.  More importantly, they talk about the years’ performance. ...

Chapter 15: CMA – Competitive Market Analysis

The content is slowly gearing up to starting a business.  Once you have identified a model that works for you, the next important step is CMA. From my experience, every time I identify a business model that interests me, I google search the business I want to start. I...

Chapter 14: Observe Business Models

There are so many opportunities. So many ways to approach the self-employment model. Using observation, you need to identify what works for you. I am personally chasing after passive income streams. This means I want to live in a world where I make money while doing...

Chapter 13: Money From Nothing

In a world of unlimited opportunities, making a profit is so easy and exciting. To me, the beauty of the profit model is that you can literally make a profit out of nothing. Before I tell you of how I have made money from nothing, I first need to tell you are the...

Chapter 12: Making Money Is Easy

By now you can see I have referenced some commonly heard of sayings or philosophies.  A saying I came across is that: "Making money is easy". Hey!?! What? If it is easy, then I want to quickly make some. What the author was actually saying was: John McAffee makes the...

Chapter 11: Continual Improvement

The mind shift continues to go deeper into this chapter. Using observation as a tool for improvement, identifying systems that exist and knowing that there are endless opportunities, this next chapter really drives forward motion. A challenging thought that I...

Chapter 10: Ultra Rich Think Differently

I have drawn this conclusion based on my observations of the super-rich. This chapter has the purpose of asking you to question your wants. What do you want? Why do you want it? What do the rich want? Why do they want it? The basics of economics teach us about supply...

Chapter 9: Self Educate

You are the gatekeeper of your mind. You control what sticks and what gets tossed out. No one else can teach you. There is an old saying: "you can lead the horse to the water but you can't force the horse to drink". You are the horse. You can be stubborn and not learn...

Chapter 8: Tool of Observation

Now that I have hopefully got my mind ticking over. Dream more and eager to chase opportunities, this chapter changes gear.  This is a tool I use when dealing with opportunities. The foundation of this tool comes from this statement: "A clever man learns from his...

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In my first year of studies, I was told a shocking statistic.

90% of business owners do not hold tertiary qualifications.

I was studying to skill up and hearing that my chosen path doesn’t align with where I wanted to be made me question the education system.

The longer I studied, the more I learnt of other peoples experience. Each time, I had no experience to relate too. 

I wanted to learn through my own experience. 

I was raring to go and get out there.

In an industrial psychology lesson, I remember a being told this story:

A man goes out and starts his own business. He gets married and has kids. He provides financially for his family and pays for their livelihood.

He insists that his kids do better than he did. That they get degrees to have a better life than he did.

His kids get qualified.

With their qualifications, they start trying to help their Dads business. They address the risk factors that he had not considered. 

Over time though, they were so risk-aware that the business lost sales momentum. The business landed going bust.

I have many friends who have achieved their MBA. Masters of Business Administration.

They make poor business owners. Not one of my friends with MBA’s has self-employment acumen that impresses me. They are all really good at growing someone’s business but not their own.

They can see opportunities but they follow through in independence lags.

I believe MBAs qualification kill the entrepreneurship spirit.

Another observation I have is my best man Kennaird.

In our final year of school, he left in the first term, to go overseas. He didn’t finish school.

I worried about his future. Thought imminent failure was on the cards.

Needless to say that he was the first person in our year to make a million Rand. He was the first person to pay off their first home. 

He became a skilled carpenter and reinvested his income in a property (and developments). 

He proved that the education system is a delay in personal growth. He proved that you don’t need qualifications to be financially successful.

My conclusion is that we are all responsible for educating ourselves. We can learn a lot through academia but is it relevant and empowering to our path or is it a distraction?

I lean more towards learning through my own experience.

Be encouraged. Don’t stop learning.