It's a risk to start a busness in South Africa; anywhere for that matter. But the greatest risk is not the business you choose. The risk is you. How do you know if you are ready?

As I have said many times; Coffee News is a proven concept. I am not saying it's easy but it's been running from 1988 with more than 1150 publishers world wide. That's enough proof. But that does not mean you'll make it.

You can go and complete this small business questionniare to guide you along your way. 

You can also study what others had to say. Today I suggest you read the great book by Napoleon Hill written in 1930. Download your free copy here and study it.

Have Fun

 

Johan

What does it mean when South African businesses advertise: "Business for sale?"

We all know what it means; but what does it imply?

Or what is not revealed to the buyer?

1. You'll pay an upfront fee for the business for sale.
2. They will tell you what net profit you can expect form the business.
3. They will give you facts and figures to establish credibility with you.

But you need to go and do some homework. You need do a few calculations because they don't want you to know about the following:

Let me share a few examples with you. Today in the Burger Newspaper dated 7 November 2011 there were a few businesses for sale advertised.

1. Liquor Shop For Sale: with a turnover of R262 000 per month, nett profit of R23 000 per month and you will pay R638 000 to make this business yours.
2. Coffee Shop for sale. The call it a Prima Franchise. This business for sale will bring you R31 700 per month for a cool R1 980 000 upfront.
3. Swimming pool supplies business for sale: With a nice turnover of 270 000 per month, net income of R60 000 and selling for R1 320 000 upfront.

Before you buy any of these business let's look at a few figures.

With the liquor shop it will take you nearly 28 months to recover your investment of R638 000; the Coffee Shop: you'll work for more than 5 years before you have repaid your investment and for the swimming pool business it will take you 22 months. (Calculation of the repayment period is upfront fee divided by the net income).

At 22 months the swimming pool business is potentially the cheapest business for sale in the Burger today. The question now is; can you trust these figures? How will you ever know if they are truthful?

Let's compare these South African businesses for sale with Coffee News:

You can make between R20 000 and R28 000 per Coffee News business per month with one Coffee News investment. Let's say you make only R15 000. Therefore you can make R30 000 with two Coffee News publications. But the cost is only R65 000 including VAT. Therefore we have to remove the VAT. This gives you R57 000. Therefore; with a potential income of R30 000 and an outlay of R57 000 it gives you a ratio of two months to recover your investment.

Let's say you are a slow starter and it takes you six months to recover your investment, then it's still 16 months sooner than the cheapest business for sale in the Burger today.

With Coffee News you also know that the concept started in 1988 already and there are more than 1150 such businesses around the world. Any of these businesses for sale in the Burger are one of kind. And the risk is high.

Before you purchase any business for sale in South Africa do a few simple calculations and ask why are you paying and for what.

Have fun

Johan Horak
P.S. If you know of a friend who would like to win a Free Coffee News publication worth R40 000 please send him or her to this link.

Coffee News South Africa has decided to let one lucky Coffee News Facebook win a Coffee News business worth R40 000.

Although we are giving such a unique opportunity away it does not mean that we will give it away to anyone. There's some though questions you need to answer as we only want the best.

Are you the best one to win this Coffee News Business?

Here's what you need to do:

• Watch the presentation below.
• Click on the Twitter and Facebook Like buttons below and share this opportunity with your friends.
• Grab this link and share it with your friends via email: Learn How You Can Win A Coffee News Business Worth R40 000 - Coffee News Business Opportunity - http://goo.gl/YP2ea
• Go and like the Coffee News Facebook page
• If you cannot see the Coffee News Win A Coffee News Publication Competition presentation then watch it here.

Do you like the idea? Please share it with as many friends as possible. Use the links below. Thanks Johan Horak

You have two options with any business:

If you are not getting calls, your advertisers are also not getting calls.

We had our Skype call this morning and Trish told me how her husband's newsletter changed his business. Into a success! This is how you can keep your advertisers and convert those who say no! Is it not frustrating when they say no! BTW: When you help businesses, in your community, with the successful Coffee News paper, you will get many people saying no. But no does not mean never. It means never if you believe a no means no. Many marketers get very despondent with these nos. That's because they have it all wrong. It's a mind issue.

Is it not frustrating when they say no!

Not anymore. Here's how:

1. When they say no, ask for their email. They will give it because they don't like to continue saying no.
2. Ask for the email addresses of all your advertisers
3. Pull 52 paragraph long coffee news tips.
4. Go to mailchimp and open a free account there.
5. Add all the email addresses to mailchimp
6. Set up an autoresponder for these emails at mailchimp.
7. Plug your 52 CN tips into mailchimpl and set the autoresponder to send each tip one week apart.
8. As you add new emails; the auto responder silently sends out emails every week to your list.
9. And you watch as the naysayers return to you and the current advertisers fight to protect their spots.
10. At the end of the 52 week period start from the beginning again.

Don't you believe in this way of marketing? Is it too difficult? What is stopping you? Let me know and let's automate your Coffee News business. Have fun Johan P.S. If you are interested to join the Coffee News team contact Johan for this small business opportunity in South Africa. P.S.S. Is the fact that 1150 small business entrepreneurs publishing Coffee News not proof of it's success?

[caption id="" align="alignleft" width="295" caption="Small Business"] [/caption] This morning I thought I'll have a look at what other people are saying about small business. This is Wikipedia's take on small business.

1. A small business can be (1) started at a very low cost and
2. on a part-time basis. Small business is also well suited to internet marketing because it can easily serve specialized niches, something that would have been more difficult prior to the internet revolution which began in the late 1990s. Adapting to change is crucial in business and particularly small business;
3. not being tied to any bureaucratic inertia, it is typically easier to respond to the marketplace quickly. Small business proprietors
4. tend to be intimate with their customers and clients which results in greater accountability and maturity.
5. Independence is another advantage of owning a small business. One survey of small business owners showed that 38% of those who left their jobs at other companies said their main reason for leaving was that they wanted to be their own bosses.^{[citation needed]} Freedom to operate independently is a reward for small business owners. In addition, many people desire to
6. make their own decisions,
7. take their own risks, and
8. reap the rewards of their efforts. Small business owners have the satisfaction of making their own decisions within the constraints imposed by economic and other environmental factors.^[4] However, entrepreneurs have to work very long hours and understand that ultimately their customers are their bosses.

I have bolded the advantages and the fact that you'll have to work long our to run a small business successful. Coffee News is such a low investment business opportunity. The avantage with a licensed small business is that you don't have to re-invent the wheel; the concept has been around from 1988 and is run by more than 1150 publishers. (Please Note: Coffee News as a small business opportunity is proven; what we don't know is if you have what it takes to run any small business). Read more here from Wikipedia on small businesses.  

Let's be honest; being in business on your own is not for junkies and other cop-outs. And remember many people who work for the boss are cop-outs because they believe there is security in pension funds and perks. There's none. But let me be fair; everyone cannot and will never run their own business. Running your own business is the test you set for yourself. But that does not mean you should be out on your own. This is a contradiction: you want to be your own boss but you don't want to be alone. And let me tell you it get's lonely in the trenches. This is what Lynn had to say:

Some motivation would be great, in the sense of I run Coffee News as a one man show - so do not have support and guidance from other office staff - some days can really get lonely and it is sometimes hard to motivate yourself that it is going to be a great day and so so forth... I am sure that other Coffee Newsers must go through the same kind of "Dry Spells" emotionally.

This is an issue that we address with a email group but we want to extend it to a weekly conference call as well. So. From next week we will be having a weekly conference call for all Coffee Newsers and we hope to motivate, share and learn together. Although we are independent businesses we should always be able to tap into the group. And we can use technology like Skype to easily and freely discuss common issues. I am looking forward to our creation of a stronger Coffee News team. Have Fun Johan Horak

  I am reading A Course In Miracles and decided to also read A Return To Love by Marianne Williamson. She wrote the book on her experiences on A Course In Miracles. Great books. Let me share a quote with you that I believe is relevant:

• You set yourself targets and almost obsessively chase after them ?
• You get fed up if you find yourself 'on the go' all the time?
• You like to take life at a modest pace and respond to pressures as and when they arrive?

 

While the title implies that this book deals only with how to achieve monetary wealth, the author explains that the philosophy taught in the book can be used to help individuals do or be almost anything they want in this world. For instance, Jim Murray (sportswriter) wrote that Think and Grow Rich was credited for Ken Norton's boxing upset of Muhammad Ali in 1973.^[2]