Location Music Location

New Picture

The old age golden rule for retail will always be location, location, location. This has proved true for a small centre on the main road in Bergvliet over the past 10 years. This centre is occupied by a Post Office and Video store. They have been around for a long time, but the other shops and especially the corner shop has seen a steady turnover of occupants every few years or months in some cases since we moved into the area.

The longest tenant was a Woolies food store that lasted a few years but just could not attract the foot traffic off a busy main road to its products.

Yesterday a new store opened up in the centre. Marshall Music, a specialist music shop offering a range of instruments, electronics and all the bits that go between them. I popped in to say Hi and welcome them to the area and took some pics of their new shiny store.

Interesting that they are a specialist store and do not rely on foot traffic for trade, so they should do well in the area and also attract new customers to the area.

So the question will be answered to, Does Location still remain important if you are a niche retailer? Time will tell for Marshall Music in Bergvliet.

Check them out on www.marshallmusic.co.za or onFacebook. Good luck to Michael McAuley the store manager and his team.

New Picture (1)

By |2016-11-01T10:20:42+02:00August 2nd, 2013|EI Clients|0 Comments

How to gauge your presentation

When presenting to an audience, how to you gauge the success of your speech? Can you look out over your audience and judge from their faces, or the amount of closed eyes and tilted heads? Or maybe from the level of applause, but then I have clapped hardest for people just as a relief that they were actually finished. Here are six simple questions that you can ask attendees to answer that will give you a clear defined appraisal of your presentation:

Can they repeat the main points?

Could they visualise the product/topic you spoke about?

Will they remember you and your topic by tomorrow?

Could they relate what you spoke about to their own lives?

Did they respect you and your topic?

Did they want to talk to you afterwards?

Using these as indicators, your presentation should be topical, easy to remember, focused, use live examples that your audience can relate to and end with a clear call to action.

By |2013-07-29T07:43:07+02:00July 29th, 2013|Business Resources, EI Clients, Entrepreneurship|0 Comments

Can successful board games still be produced in SA?

Today I met with Rene van Huyssteen, the creator of an exciting board game Yunomi (pronounced You Know Me). Rene came up with the idea of a new game almost 5 years ago and has been able to develop, manufacture and sell his game across South Africa.

This is no surprise when you consider that Rene sought out the assistance and guidance of Calie Esterhuyse, the creator of the now world famous 30 Seconds. Calie also hails from the Western Cape and has sold over 150 000 copies of his game since its launch.

So the question; can board games still be developed and sold in today’s market of mobile and tablet apps and online games? The answer is a resounding YES. There are still people, families and groups who prefer to enjoy each other’s company around a good game that does not require batteries or wifi.

We are currently working with Wayde Holland who is in the process of developing a new game concept that should hit our shelves by Christmas next year. (no pressure Wayde)

I can assume you have played 30 Seconds, give Yunomi a try, you will not be disappointed and keep a look out for yet another successful board game to emerge out of the Western Cape soon.

By |2016-11-01T10:20:43+02:00July 17th, 2013|Business Resources, EI Clients, Entrepreneurship|0 Comments

Registrations open for Boot Camp 2013

If you have a business that needs to be taken to the next level and if you have the ambition and drive to make this happen, then we invite you to apply to be a part of the next Entrepreneur Boot Camp.

This six week programme consists of weekly half day workshops, homework assignments and links to mentors, coaches and resources. This is a fast track business development programme aimed at getting both you and your business refocused and moving in the right direction.

Requirements:

  • You are the business owner in Cape Town
  • Your business has been operational and trading for more than two years
  • You have a plan and ambition to grow your business, even if it is just in your head
  • You have time to attend weekly workshops in the southern suburbs of Cape Town
  • You are willing to put in some effort to get results

Investment: The investment from your side will be R3000, payable in two equal payments of R1500, on registration and then before week 4 of the programme. This is a subsidised amount and is matched by funders and investors.

Dates: The programme will run for 6 weeks starting in the last week of May 2013.

Applications: If you wish to apply to be considered for this programme then please complete the online form on www.ei.co.za/bootcamp

By |2013-05-08T07:30:27+02:00May 8th, 2013|Business Resources, EI Clients|0 Comments

What do your Customers Demand?

Customers demand Faster, Better, Cheaper from retailers all the time. This triangle of demand drives businesses into the quadrant of red water competitiveness and the price wars start. Margins are cut, service is compromised and quality fails. Major retailers are good at this because they will never supper themselves, they just pass the pressure ball back to their suppliers and squeeze them into reducing costs without allowing them any room to move at the same time pushing prices up for the consumer. It is always the small guys who suffer and end up circling the drain.

So what is the answer? Escape the commodity trap and get out of this rat race to hell and bankruptcy. Blue Water Marketing, the art of creating a clean slate of client-centric service based on the experiential market. When you make a customer feel so good through how you offer them your service or product, price fades into the foggy distance.

What would be the top two most craved commodities in the world today? Some would say oil and food. Others would say safety and health. But actually what people crave most is Convenience and Experience above all else. Offer these to your customer first and your business will move swiftly out of the red water into the clear blue water of business growth.

For more details on these strategies join us for our webinars here

By |2016-11-01T10:20:45+02:00March 11th, 2013|Business Resources, EI Clients, Entrepreneurship|0 Comments

Webinars: are they the future of coaching?

This week at the Entrepreneur Incubator office we have been testing and running a number of sessions using various online applications to present our business coaching tools. It has been a long learning curve but I think we have found a good solution to the problems we faced.

This week we have spoken to many different business owners from both South Africa and abroad on the following topics:

Introduction to Webinars

10 things to do to get a business off the ground

Feasibility Assessment Tool

It has been a whole bunch of fun for us and from the positive feedback we have had, for our participants too. So could webinars be the coaching tool of the future? We thinks so, but online relationships through webinars and FB are not as real as we would like them to be, so we will still run the occasional live venue based workshop and our coaches will still see clients face to face and chat about real issues. But this has opened up doors for us to be able to reach far a wide across the world to entrepreneurs who are not fortunate enough to live in the beautiful Cape Town.

So, onward and upward. We have scheduled 3 new topics for next week:

Introduction to Entrepreneurship

Developing a 1 page business plan

The Business Opportunity Filter Tool

All not to be missed topics for the budding entrepreneur and business owner. Click here for more details and to register.

By |2016-11-01T10:20:45+02:00March 1st, 2013|EI Clients, Entrepreneurship|0 Comments

Mitigating Risks for a Start up

Back in the early days of running my own businesses, I just believed that if you came across an obstacle, all you needed to do was to work harder and a bit faster to overcome it, then move on to the next one. Well that worked for some of them but soon it became apparent that not all obstacles could be handled in the same way and not all obstacles could be overcome, some needed to be avoided.

So I set out to list all the various ways small emerging businesses fail and then began working on ways to avoid these. This formed the foundation to two tools that we use in the Entrepreneur Incubator now to assess and forewarn our clients to what could be lurking just around the corner. To learn more about these tools join us on one of our webinars or download the eBook with full details.

Our first tool, the Business Idea Filter, is a well used tool that is designed to assess in a non-emotional way any new business idea. A really easy to use and revealing tool. We have used this to decide not only on new business ideas but also on asset purchases such a vehicles, machinery as well as business partners and once even to assess a potential girlfriend for one of our clients.

The second tool is the Business Feasibility Assessment. This tool is based on the Porters 5 Forces Model, and allows any business owner to assess their current business, no matter what stage they are at, to see how feasible it is at that moment. This tool has proven to be a life and money saver as potential hot spots have been revealed that we have been able to either avoid or plan for well in advance.

These two tools will be discussed online during our regular webinars. During this one hour session we will go through the tool, discuss how it works, then send you the full eBook with the full tool for you to use over and over again in your business. Check out our scheduled Weninars here or just download them from our Toolbox here to read through at your own time.

Being a proactive business owner goes a long way to managing a profitable, more productive business.

By |2016-11-01T10:20:46+02:00February 26th, 2013|Business Resources, EI Clients, Entrepreneurship|0 Comments

Online Coaching for all

The Entrepreneur Incubator has retooled some of our offerings and we are now able to offer coaching, education and support for Entrepreneurs across the globe online at a massively low cost.
Our webinars (online seminars) will be offered on a regular basis with up to 3 presented each week. These together with eBooks and downloadable notes and videos we aim to reach a wider audience of emerging business owners at a more affordable cost.
Our FREE webinars will be run weekly and cover topics of a general nature that will assist people to gear themselves up to start a business then moving on to our paid-for webinars that offer more meat and fat to develop both you and your business.
Check out our offering each week here and signup for the next online course that could just give you that boost you need in business.

Our FREE webinars will be run weekly and cover topics of a general nature that will assist people to gear themselves up to start a business then moving on to our paid-for webinars that offer more meat and fat to develop both you and your business.

Check out our offering each week here and signup for the next online course that could just give you that boost you need in business.

By |2013-02-24T14:33:28+02:00February 24th, 2013|EI Clients, Entrepreneurship|0 Comments
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