Its easy getting rid of assholes. Its never nice firing nice people. But sometimes a nice person has to go, and the only question is “How?” Rule number one is show respect. Most of the time, strict adherence to the law is the wrong process because it incentivizes the employer to “manage” the person out… Read more »
I’ve been with Investec since I qualified as a Chartered Accountant in 2002. Recent experiences with a competing private bank have made me appreciate anew how awesome Investec is and feel a tad guilty for perhaps taking them for granted. So here’s my reasons for why Investec is the best private bank in SA: No… Read more »
1/13 Warren Buffett says you should back people with integrity, energy & intelligence. Without integrity, the others are irrelevant. 2/13 Watch for people with integrity. Latch onto them. Life is too short to spend time with people without integrity. 3/13 Its hard finding people with integrity, they’re not self-promoters by nature. The best way is… Read more »
I had the privilege of working with Clelland Kruger for over three years at iBurst. Somehow, in spite of struggling to make profits and being trapped in an endless price war, we managed to build a happy company culture. Clelland was the HR director in that time and was key to us ultimately winning 1st place in… Read more »
I’m a Chartered Accountant (SA) and I’ve run a few businesses, so hear me out. When your profession, ie: accounting, has consumed you to the point where you have no identity other than “I am an accountant”, then you are unqualified to run an organization. If you act as an accountant you abdicate responsibility for… Read more »
The problem is there are not enough healthcare workers in the Ebola countries. You can’t reasonably expect healthcare workers in countries like the USA to travel to an Ebola region, risking infection and death (nevermind loss of income and time away from family). So how do you connect the people who need healthcare with the… Read more »
Use paragraphs. No more than one sentence per paragraph. No adjectives. “Multiple exclamation marks are a sure sign of a diseased mind.” Terry Pratchett A person’s writing is a window to his brain. Endless rambling interspersed with exclamation marks and with no punctuation or paragraphs is the sign of a diseased brain.
A while back Marc Andreessen started tweetstorming (10 to 20 consecutive tweets about a single subject) Personally, I don’t like following tweetstormers because it clogs my feed. So I ignored. But then I thought, Marc’s not a stupid guy, lets try it out and seen what happens. Long story short, I’m now a fan of the… Read more »
No road rage You can type an SMS whilst driving You can’t speed and get speeding fines You use less petrol and save the planet from global warming The only reason to ever get out of the slow lane is if you have the misfortune to be stuck behind a truck transporting a rugby pitch.
(Malan Joubert is founder of FireID, SnapScan and Order Swiftly) I’ve known Malan Joubert since 2010. I first met him in a meeting arranged by the landlord of his company, FireID. The landlord was hoping I’d invest in FireID so that the lease could continue. I demurred. But we had a walk after the meeting… Read more »
1/17 Three criteria for raising money: 1. Raise it before you need it. 2. Have a working product. 3. Have a business model from day one. 2/17 How much should you raise? The rule of thumb is to multiply your estimated cost by 4. 3/17 Calculate cost of development/manufacture, ie: R250. Double it for… Read more »
For friends who are entrepreneurs (or want to be): The Hard Thing About Hard Things, by Ben Horowitz – The bible for life in a startup. Hackers and Painters, by Paul Graham – The bible for understanding software programmers and the world they (we) live in. Black Like You, by Herman Mashaba – Inspiring story… Read more »