TWO PRINCIPLES OF FAMILY FINANCE
Inflows and outcomes The structure that regulates family expenditure is a budget. A budget is a useful tool of resource allocation but it is not the ultimate in terms of determining wealth and success. Indeed, a budget will do no more than you tell it to do. Like the “garbage in, garbage out” principle of […]
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9 REASONS WHY YOU NEED TO LEARN TO WORK FROM HOME – QUICKLY!
The Agrarian age is not coming back! No, the Agrarian age has not come back, but we are now moving past the age of Technology. In the agrarian age (before the Industrial age) people worked on farms. Production was measured in terms of manual output. When people moved to offices and factories, production added the […]
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Experience
When employers ask for experience, they are looking for evidence of “can do what the job requires”. The employer hopes that if a person has been exposed to a similar challenge in the past, they will have picked up skills, knowledge and knowhow to do similar work in another environment. However, experience is not a […]
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Enterprise
It always interests me that Warren Buffet, one of the world’s richest men, has made his money by carefully studying and investing in enterprises. Yet most employees have no clue about how the enterprise they work in work. Employment is a course in entrepreneurship. However, many employees never graduate with an enterprise diploma. Most employees […]
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SIX THINGS SMALL AND MEDIUM SIZED ENTERPRISES (SMEs) CAN DO TO SURVIVE THE COVID 19 PANDEMIC AND THRIVE THEREAFTER
We carried out a poll during a training program for SMEs and the outcomes were pretty revealing. The three top most challenges for SMEs during these COVID times are Financials (cashflow) 40%, customer retention and loyalty 21% and a very close third was technology (17%). While the finances and liquidity would be expected to be […]
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COVID-19: SPARE A THOUGHT FOR THE CHILDREN
There are many public media discussions about global health concerns, protective measures, mortality statistics and the economic impact of the corona virus on our lives around the globe. In this context, it is assumed that children will be told what to do and they will follow instructions without question. As you may well have found […]
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COVID 19 BUSINESS RECOVERY
A business recovery strategy from the impact of COVID-19 around the world A few months after it was first announced, the COVID 19 cloud has infected thousands of people and worried governments around the world. It has also disrupted business and sent organizations scrambling for cover as they search for a cure from this extraordinary […]
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The New Normal Entrepreneurial Employee
The term “entrepreneurial employee” sounds like some sort of paradox, but it need not be. During a training forum for employees on how to cope with the New Normal, it became clear that the dependent employee of the past would not fit into the New Normal environment. The old paradigm on the employee’s complete reliance, […]
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