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The buffer, safety and anti-ulcer effect of great cash generation are sometimes tarnished as a Lazy Balance Sheet says management strategist Mario Pretorius. Cash is his mantra – and not generating enough of it can “whip the noose around the neck in a single accounting period,” he warns in his latest tip in the Unconventional … Read more
“MARGIN is oxygen and sustenance – Protect it!” That’s the essence of the latest Mario Pretorius Tip. Margin, he says, absorbs mistakes; generates emergency cash; allows bargaining room. It is the lifeblood without which “bells toll and gravediggers gather” he warns. GK Protect the margin first. Then boost the turnover. Margin is the buffer … Read more
“The best test for sustainable, ethical, no-nonsense business is to structure the offering…. in the way that you would want to buy it.” This, is the key message Marius Pretorius delivers in his third daily corporate management tip. The mind-set of the Organisation, he says is determined by the confidence it has in its offering. … Read more
The WHAT is the finishing line and the HOW is crossing it, says Mario Pretorius in the second of his daily tips to corporate management (extracted from the manuscript of his new book “The Unconventional CEO: Common sense outside of conventional Management thinking”). “So many ventures end up on the rocks of hard reality because … Read more
How is your business? It’s a question frequently asked – whether it be in the boardroom, in an investment forum, on the squash court, or over a dinner table. “HOW IS my business!” would be the reply of corporate strategist Mario Pretorius. It’s the HOW that drives the business model he says in this, his … Read more
“Transition from one generation to another has always been a potential fault line in the family firm – but never more so than now,” says Andries Brink in this PwC research report titled ‘Bridging the gap: handing over the family business to the next generation’. It reveals that 64 per cent of the current generation … Read more
Business management specialist and strategist Mario Pretorius, CEO of JSE-listed TeleMasters Holdings Ltd since 2007, has packaged his knowledge, experience and advice into a new book titled “The Unconventional CEO: Common sense outside of conventional Management thinking”. It features close to 100 pieces of easy-to-read wisdom on corporate leadership – based on Mario’s long academic … Read more
Briton Jacob Hill was not a happy camper on his way home from a night spent in a leaking tent at a rain-drenched festival in Leeds in 2011. Outraged by the experience, and driven by the conviction that campers deserve better, the then 19-year-old student set out on an entrepreneurial mission to turn the high-price/low-quality … Read more
My first trip to Thailand, over 20 years ago, woke up the closet entrepreneur in me. That ‘dealer, trader, buyer, seller culture’ which underpins the success of the country’s economy was visible in all directions as I walked down the street from my hotel. You could almost sniff it in the air. Part of every … Read more
Neftaly Malatjie was just 14 when his entrepreneurial flair kicked in. That was eight years ago when the teenager launched Diepsloot Youth Projects after cadging and fixing a bunch retreaded hand-me-down PCs. It’s an initiative that has since grown to impact and enrich the lives of over 3 000 young people in one of the … Read more