Business Lessons I learned since my primary school hustling days…

Sometimes I feel like maybe I have indian blood in me. I just love selling things, negotiating and trying to make deals. The idea of looking for opportunities and capitalizing on them has been with me since my early childhood. I have started over 10 business ventures and have learned a lot on the way

Negotiation 101
My 1st business venture was in grade 3 when I exchanged my lunch box for protection from bullies. Great investment with high returns. Learn to open your mouth

Be the main supplier
My love for the Nokia brand goes way back to my high school days. My cousin introduced me to selling phone accessories. He taught me how to be the main supplier. I learned fast and started selling cell phone covers to my fellow students. The 3310 device will remain my favourite because I made a killing with that device. 500% profit killing. I ended up supplying stock to others.

Control the market
In tertiary I graduated as an entrepreneur and started selling empty cd’s/dvd at different student residents. Hired a friend(David) to help me sell and we used his room as our main “Warehouse”. He later became my partner and we gave the competition a run for their money. Some even closed because we reduced the prices which forced every other seller to come down to the prices we set. We went a step further and gave specials which we knew the rest couldn’t offer. Mafia style

Never run out of stock
My partner and I went a step further and started selling airtime. It was common for students to sell airtime on campus but the problem was that most of them always ran out of stock. Not us. We made sure we had stock EVERYDAY in high supply. We never wanted to lose a customer. That’s how we beat and shut down the competition

Advertise your business and EXPAND
We really wanted to own the different residents at TUT and be the main providers of airtime. Your campus vodacom,mtn and CellC

So we did some hectic advertising which cost us around R20(clean papers,a black marker and prestick). We put up our cheap adverts on as many residents as possible. We knew the competitors would take them down which they did but we got the word out

From there we started paying more people from different residents to sell for us. That was our expansion method

Build a relationship with your customers
We had those regular customers who always wanted airtime even if they were out of campus. So we started selling to them on credit which they would later pay. This made them always buy from us and we never charged them for sending the airtime voucher

Don’t get high on your own supply
We charged ourselves every time we would use own stock of airtime. We even bought the airtime at the usual price whenever we needed to use it. Nothing was for free

Sell convenience
Anybody who went to tertiary with me will tell you that if you wanted your secondhand textbook to be sold Mixo was the guy to call. I didn’t make the customers(clients) come to me,I went to them and I would keep them updated on what is happening with their textbooks
All they had to do was give me their book then later collect their money or give me money then pick up their book

Spoil yourself
Business was so good that we would cash-in every week and made sure we spoiled ourselves. That is really important. You need to taste the fruits of your labour

I applied some of the strategies already mentioned by always negotiating the best price for my clients, controlling the market and making sure that supply was always on point. Expansion was also great because I would be selling books on different campuses. Yes I did bunk classes

Plenty more lessons to learn

Brainstorming4Success

GeekStarz..

I have been trying to do something like this for some time but for many reasons I have been postponing it. I think its high time I did it because there are so many smart students out that are really working hard and making a huge difference in their communities and institutions but don’t get the proper recognition

So GeekStarz will give them that platform to shine. I will expiriment with a few platforms from Google hangouts, skype, video interviews and articles to get the message across.

I hope to put 4 GeekStarz on the platform each month so we can all decide who deserves to be GeekStar of the month. We will eventually have GeekStar of the year and they will walk away with a really cool prize

So if you think you are the next GeekStar or if you know someone who deserves that platform to shine then send the details through

Brainstorming4Success

Brainstorming4Success

I have been slacking

It’s been a while since I blogged.Only if one could buy time but no excuses. I will try my best to keep the blog updated from now on and if there is anyone out there who is interested in being a guest blogger then give me a shout

A lot of things have been happening and will try my best to fill you in.

I will be covering things like the past m2Work Hackathon at mLab. If you don’t know what mLab is I or what it does don’t worry, I will tell you about it

I missed an opportunity to blog about women’s month but still feel the need to address our sisters out there

Development of mobile apps is really growing fast.Plenty of new smartphones are coming our way.Which phone handset has gotten you all excited?

I’m also excited about Windows 8 which is currently being cooked so it can be ready for launch next month

We will also continue focusing on the youth and share ways on how to get prepared for those interviews

There has been a lot of great and amazing things that have been happening to INNOvatorz.IT so I will touch a lot on that so that I can also explain what INNOvatorz.IT is and where its going

We are finally on twitter so do follow us @INNOv8torz.IT

Plenty of competitions and events have happened and are still in the pipeline.Just keep your eyes opened

So many things worth sharing.

Fortune Favours The Brave

Life will knock you down, tear you apart and drive you insane. Sucking you dry of all the little motivation and desire left in you to push on. Leaving you depressed, hopeless and ready to give up. Question is what do you intend to do about it?

Depressing I know, that’s the reality many are facing, including myself. It’s not the best of feelings because we humans don’t like feeling useless and hopeless. Yet most of us feel that way which affects our productivity, our health and relationships with family, friends, etc. If you are reading this and can relate to it, I have news for you. It’s a war zone out there and giving up is just not an option if you really want something badly

“Difficulties strengthen the mind, as labor does the body.”
Seneca

Having massive dreams, ambitions and goals sucks big time when something seems to stand in the way of realizing them.  Life deals you a horrible hand every time you make a bold step forward which is a dreadful feeling because you have invested so much in it, inevitably resulting with one crushing their own dreams and ambitions because they have lost hope.  However how difficult it gets, life without hope isn’t worth living. It’s just like a floating balloon with no direction. It will eventually land at a wrong place and burst.

“The way I see it, if you want the rainbow, you gotta put up with the rain.”

– Dolly Parton

As I type this I have a heavy heart for those giving up on life and their dreams, hoping that someone will read this and get a boost to carry on fighting. Aluta Continua! I don’t believe we are on this earth just to eat, sleep, chat, dream, wish, waste air, eat and sleep. We should refuse to believe that! People out there are making it, they are hustling and are reaching their goals. They become so successful that once a specific goal is achieved it gives birth to another goal. It’s not that they are better it’s just that their will to fight is stronger. Though we admire them we shouldn’t define our success according to others. Do you and do you as best as possible.

“Being challenged in life is inevitable, being defeated is optional.”
Roger Crawford

Doors will close on you; you will be faced with endless rejections and will fail on plenty of accusations. I know I have. Just laugh it off, pick yourself up, dust your failures off and carry on pursuing your dreams whatever they may be. Eventually life will reward you for your effects. Fortune and success really favours the brave. It rewards them for their efforts. It admires their characters. Work hard, play hard. Enjoy life to the fullest, embrace its challenges.

“Don’t give up! It’s not over. The universe is balanced. Every set-back bears with it the seeds of a come-back.”
Steve Maraboli