Money Heroes
Pursuing your passions can seem daunting, it requires bravery and grit. In this episode, we’re shining a spotlight on those bold enough to kickstart their own business ventures.
Starting from scratch can pose a massive financial risk if you aren’t familiar with your spending habits, your budget limitations and if you don’t seek professional financial guidance. Our experts will be sharing their insights on how you can launch your side hustle or small business with financial confidence and peace of mind.
Charl Wright, the owner of the shoe brand Grondpad Vellies, shares tips based on his entrepreneurial journey and unpacks how fellow start-up businesses can achieve their own financial success. While Bronwyn Ho, the owner of the clothing brand Tehini CMT, shares her tips on how she build her successful brand.
First up, Momentum’s Stanley Gabriel takes us through why it’s important to plan and consult the professionals when getting your side hustle or start-up game plan together and taking the entrepreneurial leap.
The side hustle game plan
With the continued fluctuation of the local and global economy, a large portion of South Africans earn an extra income via a side hustle or small business they run alongside their regular 9 to 5. However, making a successful name for yourself in the entrepreneurial market can be tough, and costly.
Momentum Investo CEO, Stanley Gabriel, suggests that you carefully consider your business, its potential, and the finances you’ll need to build your brand before taking the leap. Once this strategy or game plan is in place, it’s wise to consult an expert financial adviser who will help guide you on the most effective pathway to achieving your entrepreneurial goals.
Momentum has a list of financial advisers on their website for you to choose from and secure an adviser who will be best suited to assist you on your start-up journey.
Watch the full video to hear Gabriel give tips about the best way to stay on top of your financial risks when starting a business and how to overcome the roadblocks along the way.
The side hustle game plan
With the continued fluctuation of the local and global economy, a large portion of South Africans earn an extra income via a side hustle or small business they run alongside their regular 9 to 5. However, making a successful name for yourself in the entrepreneurial market can be tough, and costly.
Momentum Investo CEO, Stanley Gabriel, suggests that you carefully consider your business, its potential, and the finances you’ll need to build your brand before taking the leap. Once this strategy or game plan is in place, it’s wise to consult an expert financial adviser who will help guide you on the most effective pathway to achieving your entrepreneurial goals.
Momentum has a list of financial advisers on their website for you to choose from and secure an adviser who will be best suited to assist you on your start-up journey.
Watch the full video to hear Gabriel give tips about the best way to stay on top of your financial risks when starting a business and how to overcome the roadblocks along the way.
The 3 traits of a successful launch
The CEO of Galileo Capital, Theo Vorster, shares his 3 key tips to successfully launching your business venture.
"Entrepreneurship is a wonderful challenge, but it’s a challenge with risks,” Vorster explains. “It’s great to jump out and do your own thing, but there are a few things you have to keep in mind.”
Many first-time entrepreneurs overlook some key elements that are vital to launching a successful start-up, from their financial limitations to the industry they wish to build their service in. Vorster goes on to share 3 things all entrepreneurs should consider when looking to take the leap into being a business owner.
Watch the video for Vorster’s 3 tips that could propel your business to success from the onset.
The 3 traits of a successful launch
The CEO of Galileo Capital, Theo Vorster, shares his 3 key tips to successfully launching your business venture.
"Entrepreneurship is a wonderful challenge, but it’s a challenge with risks,” Vorster explains. “It’s great to jump out and do your own thing, but there are a few things you have to keep in mind.”
Many first-time entrepreneurs overlook some key elements that are vital to launching a successful start-up, from their financial limitations to the industry they wish to build their service in. Vorster goes on to share 3 things all entrepreneurs should consider when looking to take the leap into being a business owner.
Watch the video for Vorster’s 3 tips that could propel your business to success from the onset.
Success Stories: Charl Wright
A business is only as successful as the vision and purpose behind it. You need to have a solid understanding of your product, its relevance to the market, and insight into how to make your product stand out and stay true to your vision.
“You can’t sell a product if you won’t buy it yourself,” explains Charl Wright the owner of the shoe brand, Grondpad Vellies.
Sharing tips based on his own entrepreneurial journey, Wright unpacks how fellow start-up businesses can achieve their own financial success. A big part of this success, he’s found, comes from believing in your product.
Watch the video to hear more of Wright’s advice on the mindset and habits entrepreneurs should adopt to build a brand that’s authentic and has growth potential.
Success Stories: Bronwyn Ho
Starting a new business poses a great financial risk, it’s wise to start slow and small and build it from the ground up.
Bronwyn Ho, the owner of the clothing brand Tehini CMT (formerly known as Tehini Fit), shares her insight on what helped her build her business into the successful brand it is today.
“We started out as Tehini Fitness, and that was just a gym apparel line,” Ho explains. Her team then went on to expand the business when they saw a gap in the CMT (cut, make, trim) industry for smaller high-fashion runs.
Ho explains how although she started small and with a product niche, she had confidence which helped her to grow her brand over time. Watch the full video to hear her tips and tricks of the trade.
Financial success is as unique as a fingerprint. That’s the beauty of defining your own aspirations and ambitions. Getting to where you dream of takes grit, determination and most importantly, honesty.
With two tough years of living through the pandemic and an increasing cost of living, it will take great introspection to be honest about where we find ourselves and seek help when we need it, especially from an expert.
The right advice can propel you forward. Our financial advisers have a vested interest in you: what do you value? What are your goals? This deep discovery sets the foundation for a relationship that will bear fruits of success.
Ready to begin your journey?
Financial success is as unique as a fingerprint. That’s the beauty of defining your own aspirations and ambitions. With two tough years of living through the pandemic and an increasing cost of living, it will take great introspection to be honest about where we find ourselves and seek help when we need it, especially from an expert.
The right advice can propel you forward.
Ready to begin your journey?
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