Industry News

12 November 2012

The Truest Startup Advice You'll Ever Read, From Founders Who Have Actually Been There | BusinessInsider

It's incredibly hard to start a company. Fortunately, a lot of smart people have done it before, and they have sound advice to share with budding entrepreneurs. We pulled the best quotes from recent blog posts, conferences, and interviews that can help startups at every phase, whether they're still deciding what to launch or figuring out how to scale. Here's the truest, most timely startup advice from business stars like Pinterest's Ben Silbermann and Y Combinator's Paul Graham.

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11 November 2012

Investment perception of SA worse than reality, says E&Y | Polity

South Africa was still the most attractive foreign direct investment (FDI) destination in Africa, despite the recent negative perceptions that the country was losing momentum, said advisory firm Ernst & Young (E&Y) Africa Business Center lead partner Michael Lalor on Thursday. He said the nationalisation debate, recent events in the mining sector and the downgrading of the country’s sovereign credit ratings, besides others, were fuelling negative perceptions but slammed a recent Economist article suggesting South Africa was on a downhill slide.

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10 November 2012

12 Surprising Signs You Could Be an Entrepreneur | Entrepreneuer

For 25 years, I have studied entrepreneurs and discovered that what contributed to their incredible success was not what society typically considers assets. People like John D. Rockefeller, Henry Ford and Oprah Winfrey didn’t achieve greatness by possessing the traits and following the narrow path recommended by management gurus. So, don’t believe everything others say about you or how they label you.

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09 November 2012

Success Starts Only After A Brutally Honest Look In The Mirror | FastCompany

About two years ago, my company, Axcess Worldwide, was preparing to broker a major agreement between two publicaly traded companies that were the leaders in their respective industries. In the end, we succeeded. But going in, we didn’t know if the never-before-attempted concept we’d proposed would survive the hard negotiations on a definitive agreement. We just knew that it had the potential to be an important agreement for the two titans and a big deal for our company.

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08 November 2012

Startups learn a painful lesson: The ‘Dropbox effect’ is a myth | VentureBeat

A pervasive myth exists among tech founders: If they build a product that consumers will love, it will magically trickle into Fortune 500 companies. The logic works something like this: Devote the bulk of your funding to designing the product. CIO’s will fork over a piece of their sizable budget if enough employees get hooked and use it at work.

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