How I almost lost my business
ฝัง
- เผยแพร่เมื่อ 15 มิ.ย. 2024
- Did you know…
You can still make money from selling your shares, equally the same amount you started the business with. This masterclass will show you how that can be done as well as the process that comes with it, a better and clearer understanding.
This masterclass also unfolded a question a lot of start-ups, entrepreneurs and eve big business owners ask themselves; why my business would fail even when you have the funding required for your business.
It is not about the vision you have or the philosophy of your business that can be wrong, sit a little and have a bustrospection (Business introspection) and see if it may be the people you hired or…? Nevertheless, don’t worry, we’re all still figuring this, no one has 100% gotten it, failing is a part of life and we learn from that.
And remember you don’t always have to scale, you just need to know why you’re in the business you’re in and everything will fall into place.
You can book Vusi Thembekwayo by following this link bit.ly/2nfOCp7
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I just landed here from Kenya , gonna preserve my many hours watch all his video.
It takes 20 years to build a reputation for ur business and 5 minutes to ruin it. If you think about that, you’ll do things differently so when running a business you need to know how to rebuild
I was really touched when Vusi shared that he almost lost his business. This really proves that he pours his heart and soul into these masterclasses.
Thank you for that 75%example. Shout out to the entrepreneur for the thoughtful questions.
I need more elaboration on that claw-back strategy
"Finding people your business can afford is difficult" that is so profound
thanks thanks a lot Vusi. Always learn a ton of things from you!
The confidence this guy has is just amazing .He's the most expensive cuz he really hits the target .
Wow!! so amazing
Wow! This is deep. Most people love to preach "hire! hire! create jobs!" And that's just vague. But you've gone much deeper with it - the "why", the "when", and the REALITY of a business as it continues to grow. Amazing stuff
5 minutes into the video and I'm already awestruck with the level of new info I never knew and I bet no institution teaches about!
I am not an entrepreneur, but these master classes have changed my perspective and approach towards life in general. Those small punch lines that hits home - When VT (the bullet) says he doesn't miss, I understood him, he really doesn't miss a shot. 👏🏽👏🏽👏🏽
I really like this guy, very intelligent and open minded.
lolo Israel I agree! Massive value
But he is not open minded
The Internet University "where you really really learn." To VT aka Mr "Bullet in the gun" and his team 🔥 🔥 🔥
masterclass needed in the Northern Cape.
I have learnt so much on this platform that i had learnt at the University
12:18-13:22 and 14:45-16:45... Understand that and you will be to build yourself a very strong and solid foundation for your business...
The videos keep getting better and better, thank you
This has been the best open minded and simple teachings have ever come across.I love it
Hi Vusi! You won't believe I just bumped onto one of your TH-cam vids 5 days ago, around 12th April 2020 while under the Covid 19 Lockdown. Have watched more than 20 of your Presentations and SABC Interviews already, doing more. You are a real inspiration my man!! Ronnie in Gabz, Botswana.
I am learning a lot I am an entrepreneur and have failed at some businesses because I never knew most of these tips Vusi you are a genius.
My day is never complete until I play a piss from you.
I love how you placed the entire recipe on the table for this one - no hidden secrets, just the absolute truth.
Thank you Vusi.
About 10 years younger than me, but tell you what all the inspiration I need businesswise I draw from this young man!! The sky is the limit my man! Kabelo says 'you can't put a good man down', when we sing it drunk it goes 'you can't good a put man down'....😂😂😂
Vusi is the best fellow I ever listened to!!!
you are simply amazing vusi. God sent you my way. Thank you
Am truly learning alot. Thank you VT the "Bullet Man".
Everytime I watch these masterclasses, I always feel like a Grade R learner.
I can't believe there are people who actually hated this video, all 50 of them. Wow.
Ive listened to almost all of these, trust me am on fire now!!! All thanx to u Bhut Vusi and ur team.
Thanks for this upload VT, i always look up to these videos every week. Maybe u should consider formalizing these masterclasses into online courses about Entrepreneurship, am certain most of us would be happy to sign up.
His voice is annointed guys.thankyou Vusi for these lessons
"Culture is what you do & what you reward." 🔥
You inspire me comrade Thembekwayo!
Mentor Vusi.. It was very hard for me oh but i trigger the heard way.
Hard to fire my most loyal staff...
Your masterclasses are very informative and inspiring
Thank you VT. Very insightful 👌👌👌
Phenomenal, the revelations!!!!!!! Your advice has a ripple effect, it seeps in so many spheres of ones life!!!
Much Love Vusi.. From Nigeria.
Please don't come to South Africa
19:17 VT and his difficult, but necessary lessons. I was just having this conversation with a peer this morning.
This guy is good, man i hand it to him, when im listerning to his MC's i alwys get tht thing inside, tht says "Zuks you got this". My brother ur indeed an inspiration. Continue liberating our peoplem
Thank you, Vusi
THANK YOU MY ROLE MODEL , I LIKE THE SELF-ESTEEM, CONFIDENCE NAMI SENGICOSHILE.
Hi Vusi, ur biggest fan here. When are going to have a master class in Port Elizabeth? Would love to attend.
thanks greatly Vusi. I always learn a lot from you!
Art + Scale...the sweet spot...very heard to achieve
Please plan a master class in Nairobi-Kenya
Can't wait
BUILDAZ HUBB exactly.
Yes we need that in Nairobi. So many young entrepreneurs here who would benefit from such master classes
🇰🇪
He's been booked in UG in March, you can book your tickets online
Thank you
Amazing and mind blowing 🤯🤯🤯 Wow! I can never have enough of this 🙏🏼🙏🏼🙏🏼
Best teacher so far I've seen
Wow thank you so much for this.
Thank you for continuously giving us an opportunity to learn more.
You really do hit the target
If I was a young and upcoming individual I’d use my data to follow the likes of Vusi Thembekwayo and Sibusiso Khumalo to name a few…
these guys are not just saying looking at me I am wealthy and successful like what some of these personalities do, ...they are saying look at me I am wealthy and successful and I’d like to bring you up with me♥️
Great lessons
I think you need add a monetary thanks option to your videos, they are extremely down to earth and there is no content like this on TH-cam , believe me i have listened to business related videos for years now and this is unique . The option gives people an opportunity t say thanks with a small follar amount like $2 . I dont pay for entertaining videos which dont have any value in them and i would pay for this
Vusi Thembekwayo is doing a great job.
That claw back policy is so intelligent thank u very much
Thanks Vusi
This is brilliant - what I’m currently going through right now
You cant score sitting at the grand stands...just hit something in me
Very valuable and empowering stuff ... thaaaa
Very great presentation.
Vusi can you please please please come to the Vaal bro
The upcoming Entrepreneurs here really needs you, like re ao hloka ntate!
Will be there soon
Thank you sir
So inspiring, You are the role model VT.
Deep stuff right there Vusi...
Thank you Vusi
🙏🙏🙏🙏🙏Thanks Bhuthi Vusi sharing your wisdom shaping the entrepreneurs of today,When are coming to Port Elizabeth
Thank you Vusi, you are really an inspiration.
Thank you Vusi, for sharing valuable business lessons.
So meek and brilliant
Super!!!
Learnt a lot in this session. Very educational. Keep going❤
Powerful
It is indeed a high performance zone. 👏🏾👏🏾👏🏾
Powerful VT
I enjoyed this talk👌👌👌
Waoo woo profound
Keep this up guys your doing a great job
wow i have learned and changed ..
It was great
Please how can I get the full video? This one's are too short am a Nigerian in Nigeria but I follow Vusi's content with dedication please upload full master class videos
We keep posting every week, eventually it will be full
@@MyGrowthFundSA okay thank you am inspired by this master classes one day when am I S.A I will attend
can we get the magna carta on spotify?
Man ahead of his time 😊
just discovering this channel and I am glad I did. Mrs Wealth a young lady who started her channel to emphasis the fact that everyone is entitled to wealth was here.
Firing a loyal worker due to incompetence is so true.
Jay Z said... "I wont invest in the hood yet coz ... The mindset needs to change 1st" This is South Africa, over 80%Black! We cant still be having these talks about access to market. We need to radically support our own!
True story, Nate. We ARE the market.
Thanks Vusi. I've got a request, can i get some of your books and which will you recommend for a small business?
If I knew when I was in high school that you can make 25 million just by speaking I would have not cracked my head at varsity with technical courses,would have just practiced speaking.
If money was your only motive though, it would have been so harder to reach where he reached. Vusi speaking about scalability in this video and really perfecting the art of the business. Like that restaurant owner for some businesses it's not about high income, it's about the value that they add to the business.
Fact, money shouldn't always be a motive when venturing into something you plan to grow in a life time
How often these masterclasses are held?
I think it is from business valuation that you can determine whether 5% is worthy of your investment??
Hi From Poland, Vusi, would like to give a masterclass in the City of Krakow?
Would love to have you in Uganda on 21 March 2020. Let’s talk
Please share a link to ticket sales Vusi 🙏
Thank you for the heads up. How does one get an invitation to your presentations? I think ill withdraw my coffee invitation with you.
You can come to the masterclasses, most events are paid for by companies for their own benefit and others are events organised by other people, when such come up we will post the posters
Name of the restaurant in Parkhurst please.
That's a good point, however I think it will not be easy to get an investor who is willing to give R75 for 75% of your business whose value is R100, only for you to give him back the exact R75 after 3 yrs when the business sales and value has quadruple (R100 to R400) in return for 50% share.
It should be noted that 50% share of the business when value has quadruple is cash valued at R200. So do u really think an investor will exchange R200 for an initial R75 after 3yrs🤔
Even if the investor will be keeping 25% share of the business as a reward for his risk after paying him the initial R75. Trust me any investor will want to keep holding that 75% share for 75% equity (R300) because the business is making good margins.
Did you build your business to scale??
Not all businesses are scalable
..I build my professional speaking business i build it for scale
I build teams for research other for marketing ...etc
I'm just delivere the speech.
But i take time to build those teams
I thought of my self as an entrepreneur who happens to be professional speaker .
Know your strengths and weaknesses
I'm amazing leader but a bad manager
Entrepreneurs are great at leading but bat at management because they feel like they need to make all the desitions.
You need to let others manage
Now your problem is finding the right people
And pay them for their skills
If you can't pay them for their skills let them pay themselves
Pay them salary and a persantage
Note that you going to get it wrong many times
Untill you find the People you need .
3 types of capitals in a business:-
Human capital
Financial capital
Market capital ( access to the market . Brand that resonates...etc )
And these 3 are constantly moving up and down
The hardest thing is when you have to fire someone who is loyal ?
Because he is loyal but incompetent.
Culture is not what you say
culture is what you do and what you reward
And your people keep doing
You have to always stay in the field of play because you can't score sitting in the grandstands
Visu pls come to Nigeria soon.
What is the name of the restaurant in Parkhurst….very interested in Restaurant business 🙈🙈
What's the name of the restaurant I also want to take my lady there?!?!?
This hit me hard.💯
Well appreciated.
Esp at 18:39
The guy is good