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My view: 2012

My view: 2012: Happy new year! Not much changed from the last.. Arsenal got beaten again. I guess you get used to it to a point you no longer feel the pinc...

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DEALING WITH DEBT

As an entrepreneur forced into business I have learnt over a short period that our mindset has to be very different to those of others. I will over the next few weeks try to start to focus my blog in a personal way so maybe someone can learn from my experiences. It is my hope that in sharing my experiences with you I too may learn from those who are generous enough to comment with your own views. I will begin with Debt.... 1. Debt is like a drug- *Banks are the drug dealers When beginning a business, you major financing will come from within your close spheres and yourself. Cash is usually tight; and those that lend or invest will do so because of the personal relationship of the entrepreneur ( more than the business itself). As you begin to grow the business and establish a track record, the more established sources of finance will seek to finance you. Be weary of this sudden interest in your business. In Africa, most financial institutions do not tak...

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