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There are two kinds of businesses you can invest in: Those with a variable cost of sale (consulting firms selling hours or retailers selling stock), and those without a variable cost of sale (IP businesses). The former brings returns that are a function of capital employed, whilst generally carrying a lower risk. The latter brings… Read more »

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The central truth of selling IT products to enterprises is that procurement behavior is driven by career risk. CIO’s are agents, not principals. They make IT decisions on behalf of management and employees. As an employee your prime directive, as Keynes knew so well, is first and last to keep your job. To do this,… Read more »

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The recent annoucement of WhatsApp Calling got me thinking. If you are receiving a VOIP call you must pay for the data. In other words, unless you’re using an uncapped or free connection, VOIP means both caller and called-party pays, unlike traditional voice for which only the caller pays. The average data required for a voice… Read more »

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I ended 2014 seriously pessimistic about SA’s economy for 2015. It felt as though we were going into a serious recession driven by rising interest rates and a weakening Rand. I was scrambling to make sure all hatches were battened down and we were ready to weather the storm. And then oil prices fell 50%. Suddenly… Read more »

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  Keep learning. If you’re not learning, you’re not growing. If you’re not growing, you’re dying. Take calculated risks. Some lessons only come with failure. If you’re not failing occasionally, you’re not taking enough risk. The trick is to make sure if you fail you don’t go underwater, ie: go to jail, go bankrupt, die…. Read more »

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Never underestimate how many animals prey on chickens. Goshawks, mongooses (mongeese?), Cape otters, dogs, cats, caracals, snakes, badgers. They’re out there and they’re hungry for chicken protein. Don’t just bring the chickens home and expect them to run amok and survive. Have a coop. With a roof and a floor. The night is long. See… Read more »