CABAN Blog

10 Feb
By Marlon Green. Well, what is right? I say everything is on the right track. So right that it comes out wrong whichever way you look at it. All the ingredients are there, we just need to cook the right dishes. Firstly we need to get rid of the term start-up. Saying you're a startup attracts all the wrong attention and perceptions. If your business is registered…it has started, period! So what happens then? The startup mindset and mentality screws wannabe entrepreneurs who don't know how to navigate the eco-system. How many wannabe-entrepreneurs even know the true meaning of start-up? The longer you look at your business as a start-up the longer it will take you to grow it. Secondly, all these service providers AKA accelerators and incubators (A&Is) aren't doing enough for wanna-be entrepreneurs. There's no cohesion among them. You can go to 5 different incubators at the same…
05 Dec
It is the end of another year. You are feeling exhausted, having had to face challenges and have had highs and lows. This is a great time to reflect on your business. It is important to do a ‘balance sheet’ of what has happened. Take a page and draw a line in the middle. Do not do this on your computer! It is a personal thing and I feel when you do this sort of thing it just seems more real doing it on paper instead of doing it on your computer (or any other device). On the left of the page write down all the good things that have happened. On the right hand side, write down all the negative stuff. Be brutal, don not hold back. Self analysis is a healthy activity. I do not believe in New Year’s resolutions and very few people ever keep them. I…
18 Nov
The Caban Group of Companies is a collective of entrepreneurs helping other entrepreneurs by providing essential services on credit and raising capital. For us to achieve this goal, we ourselves constantly raise capital for Caban locally and abroad. With over 90 year’s collective experience in raising capital and having successfully capitalised 100s of companies, we want to share our experiences on what it takes to raise capital. There is a misconception that there is a lack of capital in the eco-system. We wholeheartedly disagree: if you follow some key traits and activities, you will find the capital for your business. We have broken our advice down into two sections: 1. Preparation prior to pitching Get friends and family behind the project Investors, most of the time, want to see that your family and friends have invested in your dream, however small that investment might be. The investment does not always…
17 Oct
Throughout the years I have met people with great ideas who share with me their willingness to start a business when the time is right. Reasons such as I can't now I have kids at school; I need a better car so I will work for two more years then I will start; I need my partner to be secure in their job to sustain us, when that happens I will start. Years later I meet the same people and still they have not implemented their business plan. On enquiring why not I get the same answer: the time was not right. But what does that actually mean? Is there some reference that state when the timing is right? Does it depend on global markets, or who is in government or does it reflect one's state of mind? The truth is there are no formulas: it is a state of…
03 Oct
This is a question I was asked at an event I recently attended. A common problem with start ups and even with seasoned entrepreneurs is that loved ones to not always share their entrepreneurial vision. How does one help people you know, in particular your loved ones, share your entrepreneurial journey? One fact is very clear – you are not alone in this regard. As you push on with your mission of establishing a successful business that will make a difference and create financial security for you and your family you are inspired by reading the accounts of other entrepreneurs taking to heart that you are not alone. You are mentally drained and you go home – or see a friend for a drink – and they start giving negative input. Classic questions include how are we going survive; why don't you get a job like normal people; I have…
26 Sep
Wednesday 21 September saw the launch of the inaugural First365 event which is Riaan Fourie's brainchild. The event is produced by Always Creative, a subsidiary of Ceiba (the Caban Groups marketing and creative industries company). The concept is a simple but powerful one, young entrepreneurs sharing their first years’ experience as an entrepreneur – their first 365 days. Eight impressive speakers were assembled from various back grounds. The event was well attended and even trended on Twitter in Cape Town. Most of the attendees were entrepreneurs themselves and the reason for this is clear. We as entrepreneurs go through troubled times and it is important to understand that we are not alone. To hear successful entrepreneurs share their stories of how they overcame their first year is not only helpful for aspiring entrepreneurs as it gives them valuable tools on how to overcome obstacles, but it also inspires existing entrepreneurs…
04 Sep
Today is my birthday and birthdays are always good time for reflection. Although turning 53 is not a milestone, what is a milestone for me is being in business for close on 30 years. On my birthday, I ask myself, what keeps me going? What are the general characteristics of individuals that make it? By no means am I suggesting that I've made it yet. I have had great success in my life, from a very young age, but equally I have had some spectacular failures. All my fault. Yet I pick myself up, correct the error and start again. The Caban group is an accumulation of these experiences and I am very proud of what we have achieved so far. I came across this article by Kathleen Elkins written for Business Insider which rings true to me. I have quoted the entire article because its totally relevant. “Each person's…
07 Aug
With strike season on the horizon, one has to ask why are unrealistic demands made? We have high unemployment rate yet labours' demands are so unrealistic that one cannot just brush such a strange phenomenon away. I often criticise unions for holding our economy to ransom. Although my viewpoint stands, one has to ask, what is the root of the problem? Yes, most trade unionist don't have a clue about basic economics and their interests are self serving. But why would the collective leadership of unions play Russian roulette with our economy? By doing so they are worsening the economic woes of our beloved land to the extent that their intent almost borders on treason. So why is that happening? I believe the problem to be a basic one, inclusivity. Our labour force feels disenfranchised and not part of an inclusive economy. If you don't share in the spoils of…
26 Jul
With terms such as agile and lean becoming the norm in boardrooms from FTSE 100 companies through to public benefit organisations the evolution of business is nowhere more apparent than within the current technologically savvy entrepreneurship ecosystem. The technological leaps that are continuing at a rapid rate have enabled entrepreneurs to be competitive from start-up. Increased access to the internet, the rise of the social web and the development of services that allow processes that used to take a month to be completed in seconds have forever altered the face of business. And one area which has seen a marked growth through this all is the business services sector, especially within the fields of accounting, marketing and sales. The growth of this sector is by and large linked to the implementation of those agile and lean systems with outsourcing of various noncore elements of the business becoming more common. This…
01 Mar
Today marks the third year since the company was officially launched. Conceptualised in 2012 and launched on 1 March 2013, the company has come a long way since then. It was initially a tough task to persuade people to invest in our unique business model, a model that is disruptive in our approach to venture capital, but we managed to secure the investment needed. Our business model and overall approach has also received accolades from established private equity practitioners in the global capital of private equity – London – where we are now head-quartered. We have created a new business model to assist entrepreneurs. Our belief is that entrepreneurs require more than just cash. They require a range of services and mentorship to lift the profile of the company to increase sales and obtain start-up or developing capital for their company. More often than not, the entrepreneur does not have…
26 Oct
It is a strong and long standing passion of mine that NPOs and NGOs should not be going to the government and corporate SA with their caps in hand asking for funding to continue with the good work that they are doing. The narrative is that they almost have to beg to obtain funding - that is if they get to see the CSI manager in the first place. I personally think that it scandalous that big business and the government do not embrace civil society more robustly. After all, civil society is what keeps the government in check and fulfils key areas in society that need addressing. For that reason we have started and assisted two initiatives and are working on a third. Let me make it clear, we are for profit company that obtains a return on investments at 40% per annum. We do not believe in giving…
05 Oct
Do you ever stop to consider the reason you do things? Most of us lead lives that are routine. We get up, shower, prepare our kids for school, go to work, come home and make dinner, wash the plates, watch a bit of TV and then go to bed. All this is repeated daily. But to what end? On weekends we have a few drinks with friends, complain the status quo of the country, complain about money, about our partners, kids, etc. We feel content with the fact that we were able to express our feelings to people that are prepared to listed, who probably share the same narrative. More often than not we tend to surround with people that will sympathise with our status quo. But the reality is that we are not happy with our circumstances and yet we just carry on relentlessly with a seemly unfulfilled life.…
07 Sep
During 2012, I had the desire of starting a Private Equity company with a difference – a company that provides services on credit to entrepreneurs and makes their business work. Our journey started with a concept. The business model was developed on the premise that entrepreneurs need much more than capital. Entrepreneurs need to be assisted through the whole journey, mentorship in particular. On 1 May 2012, I decided to start again. Caban Investments Limited was born, from a concept, to business plan and like all entrepreneurs needed capital. I had to convince investors that my dream would work. The only investors I knew at the time were people who had lost money in a previous partnership. I contacted them and you can imagine the choice words these people had for me. But I was relentless because I knew that my concept would work. 80% of these investors decided to…
26 May
Currently, South Africa is the 5th highest coal producer in the world. About 90 percent of South Africa’s entire electricity production comes from coal firing power stations, making us the 14th highest contributor to greenhouse gasses in the world. This coal also brings in billions of Rands through exports, employs hundreds and thousands of South Africa’s majority unskilled labour force and annually provides about 77 percent of South Africa’s energy needs fuelling our industrialization and mass electrification programs. From this, and the above diagram it is clear that the South African electricity production relies heavily on coal. A problem lies in the fact that this reliance will grow exponentially with time, and by 2030 South Africa is estimated to double its current energy requirements. This a massive problem because South Africa is already depleting its coal reserves and soon, there, quite simply, won’t be any coal to use, and that’s…
20 Apr
The disturbing images we are seeing about our country on local and international television channels are disturbing to say the least. There is an underlying social problem that is causing all of this. People are angry. The defacing of memorials, xenophobia, service delivery protests, et al stems from the frustration of a population that has not seen the dream of liberation being materialised. Even after 21 years of liberation, the poor are still not better off. Policies that have been implemented to correct the injustices of the past have only benefited an elite few. The politically connected obtain tenders. Once obtained, they show off their newly acquired wealth by buying expensive cars and huge houses. The egotistic attitude of ‘look at me I'm rich’ is rubbing salt to the wounds of the poor. Unemployment is unacceptably high which results in high crime rate. A hungry person that cannot find a…
23 Mar
Much talk has revolved about the role of mentors. If you want to start a business you get told that a key feature of your success is to choose a good mentor. But why is this? Mentors are individuals that have started business and probably failed a few times. They are individuals that understand the pitfalls, the hardships and key areas of success. It is only through failures that true knowledge is obtained. Having a mentor that has gone through this process reduces your risk of failure. Unfortunately it is the inherent stubbornness of entrepreneurs that sometimes leads us not to listen to mentors. Obviously mentors are not always right but if you decide to have one (and I highly recommend you do) you would do well to listen to the mentor's advice. Besides assisting with normal business issues, mentorship is more about learning " tricks" that don't get taught…
18 Feb
Business moves at the speed of thought. In order to stay relevant you need to be able to respond quickly to challenges - which are merely hidden opportunities. It is therefore vital that you approach business with a clear understanding of what you wish to achieve and how you plan to do it. When you have a clear understanding of what you are doing it is easier to adjust your product to accommodate the market and sudden political and economic change. When we interact with clients and business associates we need to remain aware that we are not dealing with a finite object that is only relevant to the project / contract that we are involved with. By recognising that they too are individuals with goals and ambition you can tap into both their thought process and their network. This relationship affords you the opportunity to call on influential persons…
16 Feb
We have mentioned before that being an entrepreneur is a very lonely road. When things go wrong there are not many people one can turn to. Only entrepreneurs can really relate to other entrepreneurs. Invariably people you go to when things don't go according to plan will tell you to give up. When this happens, it makes it even more difficult to come out of your situation. The thing is that one portrays the way you feel. If you're feeling negative, you will attract even more negativity. This is not some eccentric esoteric notion, it's a fact. Being an entrepreneur since the age of 24 has given me the experience to take an informed perspective. But one cannot sometimes help feeling negative and fearful of losing everything, especially if you have a family. When you start feeling negative, go back to the reasons you started a business in the first…
28 Jan
This blog forms part of our Convention for the Economic Transformation of South Africa (COETSA) series where we look at various initiatives that are designed to transform our economy. State Owned Enterprises (SOE’s) such as Sentech, Eskom and Telkom are critical to our economy and it does not make sense for a government to be able to decide by itself who should be running such critical organisations. We have seen in our own context that placing people into positions that are not suitable can have a disastrous effect on our economy. Ultimately, the poor suffer. Not having enough power has affected the manufacturing sector, slowing our economic growth and resulting in retrenchments. Furthermore, the load shedding activity has affected, in particular, small and medium enterprises (SME). Our economy should be structured to assist SMEs, not hinder them. SME development will result in a dramatic reduction in our unemployment rate. Board…
20 Jan
This blog forms part of our Convention for the Economic Transformation of South Africa (COETSA) series where we look at various initiatives that are designed to transform our economy. The BBBEE codes were introduced for the purposes of rectifying the economic injustices of the past. Through these codes it was hoped to reduce the huge economic gap between the poor and the rich; the poor being mostly historically disadvantaged. The time has come for us to ask the all-important question: has BBBEE achieved its purpose? In my view it has not. While the principle is sound the execution has been troublesome. All that it effectively has done is enrich a few elite who use their connections as a base for doing transactions with the rich get richer and the poor stay poor. In this blog post I would like to focus on the ownership element of BBBEE. Businesses should want…
05 Jan
For a surprisingly small group of our country 2014 will be remembered as a year in which strikes ravaged our economy and stock exchange, where state owned enterprises teetered on the brink of collapse with rolling black outs almost becoming the norm and two high level court cases that seem to have been bungled by the SA justice system. There were also positives such as the creation of the South African Small and Medium Enterprises Federation and the Ministry of Small Business Development, Miss South Africa won the Miss World title, we opened the biggest solar plant on the continent and an unemployed South African came 36th in the London Marathon (thank you to the Daily Maverick for some of these highlights). But for the majority of the people in our land 2014 will be remembered the same as the years before – a day to day struggle for survival…
03 Dec
We had Codesa in 1992 which transformed the political landscape of our country and gave us independence of a suppressive government. Twenty years into our new democracy, the gap between the poor and the rich has widened. The reasons for this are various and it is not our intention to engage in a political debate as to the root cause of this continued disparity. As colleagues that are involved in the SME space, we too believe that we need a Convention for the Economic Transformation of South Africa (COETSA). The status quo cannot continue any longer. We will publish a series of blogs that make suggestions on how to address the worsening situation of our beloved country. The purpose is to increase dialogue and hopefully make a difference. We fully support the work of organisations such as South African Small and Medium Enterprises Federation and Archbishop of Cape Town Thabo…
24 Jun
Caban Investments Ltd has partnered with Mzukisi Lembeni to establish a company that will assist entrepreneurs based in Khayelitsha, Cape Town. The new entity will be called Qinisanani Investments Ltd. Mzukisi passion for helping entrepreneurs fits perfectly Caban’s vision and aims, hence the joint venture. The company will emulate Caban’s business model, in providing a host of services for Khayelitsha entrepreneurs. These services include business support, accounting, mentoring, websites, social media, assistance in opening markets and the provision of capital. We are calling on all entrepreneurs in Khayelitsha to send in their nominations for a chance to be part of Qinisanani Investment. We will select ten finalists from all properly completed nominations and who will be required to do a 15 minute presentation of their business before a panel of the directors of Qinisanani Investment; Mzukisi Lembeni and Dave Romero. Out of the ten finalists, five will be selected to…
23 Jun
High rates of unemployment and the associated social ills have been a major blight in the otherwise remarkable story that is South Africa post-apartheid. While the initial rainbow nation image has taken a bit of a beating in recent years the fact remains that few countries have been able to take the step from an apartheid system to a democratic system as successfully as South Africa. While the politicians played a vital role, it was the people of South Africa who were – and continue to be – the true reason for the successful integration of all the races, creeds and cultures. The new apartheid is an economic apartheid. Poverty and unemployment separate the people of South Africa as strongly (if not more) as the laws put in place by the apartheid government did. So I pose the following question: Should we not turn back to the people to solve…
11 Jun
Members of the Association of Mineworkers and Construction Union (Amcu) have been on strike at Anglo American Platinum, Impala Platinum, and Lonmin in the North West platinum belt since January 23 demanding a basic monthly salary of R12 500. It is estimated that to date mine workers have lost R9.8 billion in salaries while the companies have lost around R22 billion. The human distress that surrounds this issue eclipses the numbers and a speedy and sustainable resolution to the impasse is vital not only to stem the sliding Rand but also to put an end to the violence and suffering of the miners and the communities that reply so heavily on the mining sector. I pose the following idea as a potential solution using Anglo American Platinum as an example. The market capitalisation of Anglo American Platinum is around R129 billion according to Bloomberg. It has a total work force…
18 May
Following from some of our blogs on what it feels like to go through the entrepreneurial journey (22 April and 29 April) I want to share what I personally go through. This is shared by most entrepreneurs. You do all the motivational stuff, such as being grateful for what you have, be in positive frame of mind, carry on regardless of adversity and realise that there is a light at the end of the tunnel. But sometimes it just gets too much. Sometimes you wake up and think to yourself, “I have to make things happen but I just feel drained, emotionally and physically”. You don’t want to show it because you’re afraid to show any signs of weakness. At that point you don’t want people to give you a pep talk, a “don’t worry everything will be fine” rap. You want to be left alone, you just want to…
12 May
Budgets Budgeting should not be confused to forecasting. Forecasting is normally done for investors and information is disclosed differently to a company’s budget. Each year an entrepreneur should produce budgets. When preparing year on year budgets the following should be taken into consideration: How much do think your sales will increase by and why; Can you improve your margins and how will you achieve this; Have you made enough provision for increase in costs; Have you covered all incidentals? Record all your assumptions. When you compare the management accounts’ to your budgets, it will be useful to revisit your assumptions and adjust accordingly. After a few years, your budgets will become accurate due to the fine tuning of your assumptions. Forecasts If you are a start-up, preparing your five year forecasts can be a very difficult task. Entrepreneurs are positive individuals and always set their forecasts high. When preparing forecasts,…
02 May
What a boring subject. I would rather be talking about entrepreneurship, but this is important stuff! Should companies, even start-ups, have monthly management accounts? Entrepreneurs have a “feeling” of how a business is doing. A lot of business people will gauge the success of their business on how much money is in the bank. While both methods might seem “adequate”, how do you really know what the actual situation of your company is? What are your trends? Are you growing or slowing down? Management accounts are a necessity, period. Any entrepreneur worth their salt will make sure that they have monthly figures prepared by competent people. You need to know exactly how your business is doing financially and that can only be determined through management accounts. Although spouses can assist, it’s better to get the professionals involved. It does not have to be an expensive exercise. The best option is…
29 Apr
Q and A with our Group CEO, Dave Romero. What is it like to be an entrepreneur and what insight to being one do you have for new entrepreneurs? I often get asked what it’s like being an entrepreneur. It’s interesting the perception people have of starting a business. Some romanticise that they want to be the next Richard Branson or start a company like Apple. What many fail to see is the journey people take to reach the point where you can say you have reached success. I don’t think I have reached that point in my life yet, but I know that I will be at that point soon. But getting to that point, you have to endure the following:Personally Accept that like scientists, you will have to try and try again until you get the winning formula; while accepting that business goes in cycles, it has ups…
22 Apr
When walking down the road of establishing a business you will often find yourself asking who can truly help you. You can talk to your life partner and family, accountant and lawyer. It is always important to obtain professional advice in business matters. But where do you turn when you are feeling a bit lost or even despondent. When you get conflicting advice (which happens more often than one would think), which advice do you follow? I am often amazed to hear entrepreneurs seeking advice from friends that never have been in business! It is surprising how keen and willing everyone is so willing to give business advice.We at Caban believe that only entrepreneurs can effectively assist other entrepreneurs. Only those that have walked down the entrepreneurship road can truly understand the pitfalls.I remember before I had kids (I started a bit later than most at the age of 35),…
14 Apr
There is a lot of information available on this subject and we agree with the often cited reasons for why a business plan is needed. We would however like to add our own perspective on the importance of these documents. Raising of Capital or Finance One key reason for a business plan is to attract investors or when applying for finance from a financial institution. Investors rely on business plans when making a decision to invest. Business plans should contain information that is relevant and should refrain from giving holistic information of the industry they are in.Makes You Think About Your BusinessWhen drafting a business plan, it requires you to put some strategic thinking into your company. Many businesses exist without specific direction. The process of compiling a business plan makes you think of key areas such sales and marketing. It sets out key objectives for short, medium and long…
08 Apr
I often read suggestions on how to make a success of a business. It is very encouraging to see sound advice given to entrepreneurs but very few touch on the human element of a business. There is a lot of information on what attributes an entrepreneur should have but what about business relationships? Business is much more than a vision and mission statement. A business plan is crucial to the survival of a business but what about the human element – and I don’t just mean human resources? The collective energy of a business will determine whether it will be successful or not. This energy is derived from all the individuals involved in the business.In my previous blog I mentioned that you have to chose your business relationships carefully and certain suggestions were made to assist in this process. You have to be able to like your active business partners.…
02 Apr
When choosing mentors, business partners or equity partners one has to choose carefully. Initially while you’re going through the ”honeymoon period”, all is well. These relationships are truly tested when things don’t go according to plan. It’s human nature to start doubting when things go wrong. It’s very seldom that you find total business commitment. More often than not these relationships are conditional. So what should one look for when entering into business relationship? The following points are great guidelines and are generally easy to do. See how the person treats their friends and family. What is the relationship with their kids and life partners like? Get references. Talk to people that have interacted with them on a business and personal level; Observe how they perform under pressure. How do they conduct themselves when the heat is on? See how they treat people from whom they have nothing to gain.…
18 Mar
You have a great idea and have decided to become an entrepreneur. You have put together a detailed business plan and now you start the journey of raising capital. Believe me, it’s a journey. It requires self-belief and a huge amounts of tenacity. You will knock on VC’s doors and most of the time they will not be interested. A normal response from a VC is to suggest that you get something going first and then come talk to them. You become discouraged and before long you give up.This is the normal process. We at Caban believe in doing things differently. We assist in all aspects of the business to make your company a success. We do this at our risk. We even get your sales going. After going through our financial, creative and sales clusters, you have an active business that is packaged for investors to participate. Once we…
30 Jan
It has been a while since our last newsletter. Over the period some significant milestones have been achieved which are detailed in this newsletter. The Caban Group is growing at a fast pace. This growth puts us in a better position to fulfil our stated commitment to assisting entrepreneurs. BBBEE Competition Our BBBEE Competition was finalised early as there was a clear winner. The team based in the North, officially now known as Investure (Pty) Ltd, which was declared Caban’s BBBEE transactional partner in October last year. The South team were the runners-up and are now known as Diversified Investment Group (Pty) Ltd. Both companies are now active businesses. Further, Investure has acquired two interests in their role as our transactional partners: 26.1 % of LifeStraw CSI (Pty) Ltd 26.1% of United Renewable Energy Group (Pty) Ltd As a result of the competition, the members of Investure asked us if…
15 Sep
How do we help Entrepreneurs? We have a created a new business model to assist entrepreneurs. Our belief is that entrepreneurs require more than just cash. They require a range of services and mentorship to lift the profile of the company to increase sales and obtain start up or developing capital for their company. More often than not, the entrepreneur does not have the necessary resources to afford the required services to achieve the above goals. Entrepreneurs approach Caban needing capital. Typically, the entrepreneur would have an idea detailed in a document or have a business that is trading which needs capital for expansion purposes. To attract capital, it requires the services of the Caban Service Providers but cannot afford to engage their services. The entrepreneurship assistance programme is as follows: The potential client goes through a due diligence process. Once completed and successful, Caban offers the new client a…
06 Aug
It has been an exciting process mentoring these fine individuals. We are impressed at how eager the participants are at willing to learn and quickly understand what we are doing. All participants are already carrying the Caban mantra forward. Three of the participants have been invited to be Caban Ambassadors.The participants have completed the first two months. They have chosen their names as follows: • North Initiative - Investure• South Initiative – Diversified Growth Investments (DGI) Changes in Participants When we developed the competition, we anticipated that there would be some participants that would find the process too demanding on their time. It was also anticipated that some would decide not to continue with the competition. DGI has been reduced to 5, and Investure has 11 participants left. Status of Tasks As part of the competition, a task system was introduced to have a mentoring system in place so that…
14 Jul
It is our pleasure to announce our new Cabanite, Lizelle Coombs. Lizelle is the founder and co-owner of Admin House Small Business Services, which was established in 2000. The main objectives of this franchise-based company is to support SMME’s in their back office with accounting, bookkeeping, tax, administrative and other related services. Building a sustainable SMME and entrepreneurial environment in South Africa can only work if entrepreneurs are nurtured during start-up and growth phases and then continuously supported with practical and relevant advice and services. This is certainly the vision and mission of Caban Admin House. Lizelle is passionate about empowering people and has developed a range of business workshops for entrepreneurs and business owners. She also holds various office management, software and skills certificates and is an internal ISO quality auditor (QMS, documentation). Formally she holds a bachelors degree in social anthropology and psychology and has years of experience…
19 Jun
From a young age I had an interest in helping people and animals. I was always first to volunteer to go clean the old neighbours garden or rescue sea life from an oil spill. In my early teenage years I wanted to be a professional volunteer, be the person who can help the helpless. But then the realities of life set in and I realised that I actually needed to become a productive part of adult life. And that to be a professional volunteer you need to have a skillset to offer that usually entails a few years at university. Furthering my studies was not an option at that time. Beyond the monetary restraints, I hadn’t put that much effort into my scholarly activities and ended my school career with a Grade 10. I entered the working world with a string of jobs that were as diverse as the population…
05 Jun
The day has finally arrived. After hours of scoring and deliberation, the Cabanites have agreed on the following participants: BBBEE Initiative North Sphamdla Penwell Ntshangase Marlon Frederick Green Akua Koranteng Mohale Mcoy Mangena Gilbert Motlhaping Mabel Terblanche Andisa Ramavhunga Lonwabo Batala Terry Bogopane Yashika Doonarian Jared Pillai Lemogang Senna BBBEE Initiative South Sisanda Yako Jill Williams Vuyisa Qabaka Christopher Smith Vincent Manzini Siyabulela Daweti Tino De-Freitas Magnus De Jongh Fatima Jakoet Masixole Vincent Ncusane Sindiswa Lubelwana Congratulations to all of you. It is going to be an exciting journey of self-discovery and making a difference.The people and companies that will be helping you on your journey are as follows: Mentor North and South : Dave Romero Assisted by: Mark van Hoff Initiative Director : Dylan James Initiative Manager : Heinrich Langer Participants Liaison : Glenda Williams Finances, Accounts and Reporting : TBL Accounting Corporate Finance, Negotiations, Business Plans: TBL Capital…
01 May
Caban is proud to announce one of its most ambitious initiatives yet. Through this initiative, it will create two BBBEE companies, one of which will be the official BBBEE associate of Caban. The Opportunity Caban requires a BBBEE partner to facilitate transactions for its clients. It has sought various role players in the industry but has not found any that aligns with Caban’s mantra. For that reason, Caban has created this initiative to develop BBBEE companies that will follow our philosophy. The company will select 24 applicants from all walks of life and place them into two companies. The applicants will have equity control of the companies. The Caban service providers will mentor these individuals and provide them with the necessary tools to succeed. Two Companies Caban will register two companies. Each company will compete against the other. The winner will be our official BBBEE associate. The second placed company…
26 Apr
The company has grown dramatically over the past six months. We are documenting the progress and would like to share what we’ve achieved so far. After an acrimonious divorce and another relationship ending, I found myself in a very bleak state in April 2012. I had lost everything and had no prospects. I allowed myself to get into that space. As I write this blog, the memories of that month still are very real. My friends were supportive but did not really know where I was at. Something had to change - fast. On the 1st of May I decided to take charge of my life. I made a conscious decision that I could not carry on with the way things were going. My good friend, and now business partner, Rolf gave me a book, The Four Agreements, written by Don Miguel Ruiz. This had a powerful effect on my…
17 Mar
 We subscribe to various newsfeeds, websites and blogs for the purpose of keeping up to date on what the rest of the world is up to, especially on the business and entrepreneurial front. Mark from MoveMedia, one of Caban’s service providers, shared these great snippets of wisdom with us, courtesy of author Zach Bulygo (a blogger for KISSmetrics) Richard Branson loves creating things. He sees problems in the world and provides solutions. But unlike others, he has established many different businesses. In fact, in his 40+ years as an entrepreneur, he has developed over 100 brands. Branson has given a lot of advice along the way. He has spoken on topics of starting a business, running a business, managing people, and hiring people. Let’s get into what he advises entrepreneurs.On Starting a Business Challenge The Status Quo Challenge the accepted wisdom and encourage your staff to do the same. Look…
26 Feb
I’ve received numerous enquiries from people wanting to invest in Caban, so this blog post should provide a comprehensive overview. If you are interested in investing or would like to know more please email me directly on This email address is being protected from spambots. You need JavaScript enabled to view it. It is not often that one comes across a new viable business idea. This one in particular helps entrepreneurs, the environment and you make substantial gains at the same time. It’s a win/win situation for everyone. Caban Investments is a collective of independent entrepreneurs with various skill sets that help and support other entrepreneurs. Although Caban charges for services, the entrepreneur only pays for the services once the business is showing a profit. The funds raised in Caban are used to fund the service providers by way of an interest-bearing loan. For doing this, Caban not only gets a share in the new or developing entrepreneur, but also in the service providers.…
23 Feb
 We feel that we inspire by sharing our personal experiences. I have decided to share some very personal experiences that hopefully will make a difference in other people’s lives. I want to share my last nine years with you. I had achieved success as an entrepreneur. Yes I made some mistakes, but was building up again. We moved to Cape Town for our children. We wanted our kids to enjoy the Cape Town schools and the lifestyle. I wanted to get involved in business again so I joined a company that was seeking finance. I soon became a partner and I invested R1,5 million of my family’s money. I also raised a further R7 million from investors. As a third shareholder, I did not have control. My partners got so caught up in being entrepreneurs that they started expanding the business while still making losses. It was not sustainable and…
03 Feb
We’ve had a very positive and engaging week, and in this post we’d like to summarise some of the business advice we’ve been giving via our Facebook page . The advice is basic and we have undertaken to answer any question for free. We are encouraged by the interaction with our posts. Our purpose is to keep the content relevant, inspiring and make a difference wherever possible. Below are some of the posts: We will be posting some basic business advice that you might find useful. The Cabanites are prepared to give some advice for free. Here is the first from TBL Capital. …......... If you have reached your credit limit with your suppliers and they will not supply you anymore until you have settled their overdue account, we have found the following works more often than not: · Tell your suppliers the truth about your cash flow situation. The…
31 Jan
It’s almost two weeks since we officially launched our website. We decided to use social media as a platform to get our message across to our target market - young entrepreneurs or aspiring entrepreneurs. A relatively small budget was set aside and we have been running a campaign that will last a further two weeks. This was also done to gauge the effectiveness of running similar campaigns for future clients. Judy of Juel Visual Business solutions managed and continuously monitored the process. In 9 days we have 300 likes on our Facebook page. Obviously the purpose is to generate business for Caban Investments and its service providers. The’ likes’ have generated three direct enquiries for the group – this after only 9 days! We kept our postings relevant to the subject matter and also posted some inspirational material to keep our followers interested. We went as far as giving some…
20 Jan
It is a very proud moment in my career the launching Caban Investments. I have been in Private Equity and Venture Capital for 25 years. After all these years I am still passionate about this industry due to the firm belief that the most effective way of solving our economic and socio-economic problems is by assisting Entrepreneurs. Traditional Private Equity Funds invest in business, and some do offer post-investment mentorship programmes. After both success and failures throughout my career, I believe that I have found a new business model that will work more effectively for entrepreneurs. The manner in which Caban operates is through a collective of like-minded entrepreneurs with specific skill-sets. These skills are then used to assist entrepreneurs, at risk. Caban invests in the service providers to give them the ability to assist entrepreneurs. Once the entrepreneur reaches a certain level of growth, Angel Investors are approached by…
17 Jan
Looking forward to the official launch of Caban Investments Ltd!