#Gamers reflection 43

Sipho: Madimetja let me go home. Oh and I was serious about us preparing financials for my business I want to see whether it's making a profit or loss but my business is simple so let me put them together and you will review my work ne?Mademetja: "alright, you reckon...

#Gamers reflection 42

Our progress and that of the business are limited to what we know.Opening ourselves up to new knowledge and skills broadens our horizons and opens our eyes to new ideas and growth opportunities for our businesses.That is why most successful people continously read...

#Gamers reflection 41:

Mixing your personal finances with that of the business will: (1) impede business growth, (2) result in possible non-compliance with SARS, (3) result in funders declining to fund the business (4) result in cashflow shortages for the business (5) set a bad example to...

#Gamers reflection 40

Madimetja: ''listen, I am glad you are admitting to all this. Alot of people are ignorant and do not give themselves time to understand the repercurssions of mixing their personal finances with that of the business.Gamer: what are the consequences of mixing your...

#Gamers reflection 39

Sipho: '' It's all about having a long term view and vision for your business and winging yourself off instant gratification''Madimetja:''Interesting that you are saying this but it's actually true'' There is actually no good reason I am driving the car I am...

#Gamers reflection 38

Madimetja:"Sipho you are talking about a very important issue. Entrepreneurs fail to secure funding because of not separating their personal finances and that of the business. Entrepreneurs are failing to grow their business and some businesses fail because the money...

#Gamers reflection 37

Sipho:"Secondly me and the business are separate persons. The finances of the business are not to finance my life style but to grow the business. I should be disciplined and only draw a salary and stop dipping into the business' bank account for personal...

#Gamers reflection 36

Sipho: ”Eh Madimetja, you know I used to be happy when I see that I have survived another month, when all the debit orders have gone through. It was a struggle every month but now I know what to do, I need to aim higher. I need to know how much the business has...

#Gamers reflection 35

Madimetja: “tell me more” Sipho: “firstly, I now know the importance of goal setting and how to monitor my goals using financial statements. Ever since I started my business, I have never prepared financial statements” Madimetja: “it boggled my mind that you never did...

#Gamers reflection 34

Sipho attended the Growth Accelerator Masterclass in Silverton and shortly afterwards met with his new accountant, Madimetja. Madimetja: “eh Sipho, how are you and how is business? Sipho: “Madimetja, it’s so nice to see you. Ever since our conversation I have been...