Academy of Business Owners Blog

Training, Guidance & Insight for Business Owners

How Much Do Bogus Offers Really Cost?

A few weeks ago, I wrote about Once in a Lifetime Offers. This is a follow-up. I missed something when I penned that. A month ago, a client sent me a link to a free webinar. The gist was free training: How to earn R50,000 in social media. I'd seen other offers. Most showed you how to invest...

READ MORE

I agree with you, but...

South Africans know more about diabetes than anyone else on earth. Lord knows, after 48 years of dealing with the fallout I could use help. But, I'd hope my (54 years x 365 days x 24 hours) experience might carry a little weight. No. But it's more than the disease. We Saffers know everything...

READ MORE

This is not a once-in-a-lifetime offer.

This is not a once-in-lifetime-offer... I don't have more than one lifetime. And my once-in-a-lifetime opportunity came a while back. I'm a little flustered because a new once-in-a-lifetime opportunity lands in my inbox nearly every day. Each smacks of exaggeration. I was sitting in a coffee...

READ MORE

I have been away awhile

I've been away for a while. About a month, to be precise. The most tumultuous month of my past 25 years. When you run a personal business, sometimes the "personal" overtakes the business. And sometimes the "personal" overwhelms you so much you focus on basic survival. The love of my life...

READ MORE

Thank You

Thanks! I will email you details in a few moments... Check your...

READ MORE

Cashflow challenges are complex

Cashflow challenges are complex. And very distracting. My tech support division began to eat cash in my first computer business. National surveys showed our clients ranked our client support as equal to IBM & HP. But the division was losing R400K each month. (In todays money). My...

READ MORE

How to Avoid this Scam: Changing Bank Details on Invoices

I have an idea about the new scam making the rounds. This is where you get an email changing the bank details for your deposit. This happens so much in normal business that Investec Bank writes about it. It's also happening when you buy/sell your home. With big deposits. Bottom line: If you...

READ MORE

CrashProof: What Banks Know About Small Business...

Last time I wrote that banks sell money. I want to tell you a story about why it's useful to keep that in mind. Always. Somerset West, 1998. A small group. I love those. Everyone has time to share their story. (This is not so easy when the group is 100+.) We'd reached the part of the seminar...

READ MORE

Bankings Biggest Lie?

Have you ever borrowed money for your firm? Silly question. So easy to do. Walk into a bank. Pass a credit check. Sign some papers. Bingo Presto. Cash in your account. Whoa Big Boy. Sign some papers? Bingo Presto? A banker's biggest lie: "Those are our standard forms. Every client signs...

READ MORE

CrashProof: Accountants and Seminars

Revisiting the CrashProof material dislodged a bunch of memories about the live seminars I once presented. Before I start, a short comment from Pam Franz about those Springboks I wrote about last time: I was at that seminar when the Springboks were next door, 22 years ago, wow time...

READ MORE