Academy of Business Owners Blog

Training, Guidance & Insight for Business Owners

CrashProof your Business: Embarrassing Moments

I said I’d tell you a bit more about live seminar distractions. There were two other biggies.... The first was a full house at the old Sandton Crowne Plaza circa 1996. Think of 100 seats crammed in a room with a capacity of 80 seats. Most hotels have a large banqueting room. They break this...

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CrashProof your Business Revisited Course Launches April 20, 2018

I've been working on the new CrashProof your Business Revisited course. The CrashProof your Business seminar launched in November 1995. More than 30,000 business owners have seen the course live, on VHS or DVD, or read the book. Hint: Don't offer sherry to business owners at an evening...

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POPIA: Data Privacy No Longer Exists

Data privacy no longer exists. But we talk about it as if you can still get it. This whole data privacy thing is hard to grasp because it's so hidden. I looked at how to make it easier to see. A Firefox plug-in shows you what's going on behind your curtain. I plugged it in. Then I browsed 16...

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Tax, Einstein and Dr Seuss

Albert Einstein said, "The hardest thing to understand in the world is income tax." If he struggled, what hope for the rest of us? Tax inspires despair at what seem impossible odds stacked against us. But it is much more than the cost of income tax each year. It's losing huge tax gains when...

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Tax: The Real Value of Tax Savings

Here is a simple reason why saving tax now is important. Imagine saving R20,319 in tax every year. This is one of the first actions we share in our tax course. No, this is not about pumping more money into RAs. (Many of our clients don't have enough cash to do that at the end of a year.) We...

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POPIA: BS to Watch Out For...

Many firms are pushing hard to get you onto paid training and programs. I get three or four queries each day asking if the claims made in received emails are true. Some quick answers: The POPI deadline has not yet been set. From the time Government announces the deadline you have 12 months...

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Small Business and Shame

Last week I muttered about waves and troughs. This small business gig is not for the fainthearted. I'm not talking about "entrepreneurs" starting up in Moms garage. I'm talking about folk facing no other choice. It doesn't matter what went wrong. Job loss. Divorce. Illness. Pick one. I'm not...

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South Africans Abroad and Business Ownership

South Africans abroad are interesting. I read an article a while back about why Americans are so vocal. It's how a society changes when millions of immigrants come from different countries. And then they spread across vast open spaces. The only way to survive in that kind of change is to talk...

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POPIA: MiWay and the King

By now you have heard the story of the King and the MiWay sales agent? In brief, a MiWay agent phoned the King of the Zulu nation, without knowing who he was calling. A simple mistake. They had a short call. The King explained who he is. And why he does not need insurance. He was gracious and...

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New Business Writing Course

In April 2004 I sat down in front of a blank screen to write the most important letter of my life. Before I get there, a little background. I've been writing since high school back in 1975. I am younger than I look. I'd already built a 50 million Rand business in 1984 on the back of writing...

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