My personal 10 TOP LESSONS I learnt in 30 years of being an entrepreneur!
Remember to like and subscribe!
Do you need an accountant? Contact me at heinrich@saaccountingsolutions.co.za or check out our website at www.saaccountingsolutions.co.za
I created a video sharing the invaluable lessons I've gathered over my 30-year entrepreneurial journey.
Starting out after school when job opportunities were scarce, I juggled a role in a chemical factory while venturing into selling peanut butter and counterfeit Nike t-shirts on the side.
In November 1993, I opened my first bank account for a driving school business. Within a year, I purchased my second car outright, and a year later, my third. Over time, I expanded to manage a fleet of 10 instructors.
My entrepreneurial path took a significant turn in 2008 when I entered the accounting field. Since then, I've balanced my role as an accountant with various business ventures. Here are the top ten lessons I've distilled from these experiences:
10 - Start young!
overheads
responsibilities
Dreams
9 - Never Sacrifice relationships for money
• Clients
• Family
• Partners
8 - Debt
Determine how much is enough
Close the debt circle
Avoid living beyond your means
Differentiate between good and bad debt
7 - Pricing
Avoid grasping at straws
Difficult to correct
Hesitation on price
6 - Give
Add value to others
Embrace abundance over scarcity
5 - Marketing
Differentiates the successfull
Build the right team for effective marketing
4 - Never stop
Keep evolving
Keep learning
Keep dreaming
3 - Consistency pays
Passion initiates, consistency sustains
Set long-term goals
Be a constant force in your pursuits
2 - People skills
Master relationships,
Leonard Stone - if you can master relationships you would never need to look for a client in your whole life
1 - Jesus
• Favour
• Divine appointments
• Divine guidance
Bous tip!
Confidence
0:00 - introduction
1:21 - Start young
2:45 - Never sacrifice relationships for money
4:52 - Stay away from debt
7:14 - Dont underprice yourself
9:11 - The power of giving
10:16 - The power of marketing
11:54 - never stop evolving
13:07 - Consistencty pays
13:35 - Invest in people skills
14:30 - Jesus is the answer - if you are not a person of faith then skip to the bonus tip
16:07 - Bonus tip! CONFIDENCE!