Township Biz Fastrack

By Tiisetso Maloma

Township Biz Fastrack gives insights into development and growth models for township based businesses.

It focuses on strong principles which most township businesses have used to start-up, but haven’t wholly adhered to in the long run to their detriment. Therefore haven’t grown and sustained themselves amidst heavy competition and ever-changing societal dynamics.

One principle in the book is bootstrapping, which by example is: starting off by selling one or two strategic and/or passion products, e.g. archar, to then reinvesting the proceeds on expansion. Therefore practical learning happens with minimum risk in capital investment.

The other principle is validation. So many businesses which started off selling few items have grown on the strength of customer advice - what to stock further.

The book includes interviews with notable township business owners, whom give strategic survival tactics.

This book is targeted at township business owners and employees.

• Language: English
• Publisher: Lulu.com
• Release date: May 21, 2015
• ISBN: 9781329153004

Book preview

Copyright

TOWNSHIP BIZ FASTRACK

By Tiisetso Maloma

Copyright © 2014 Tiisetso Maloma

All Rights Reserved

Print ISBN: 978 0 620 66105 8

ePUB ISBN: 9781329153004

Published: 01 November 2013

Published by Bula Buka – www.bulabuka.co.za

Edited by Bonolo Melanie Rakumakoe

Cover design by Abram Tshivhinda – www.futurebrand.co.za

Layout, eBook conversion and online distribution by www.bulabuka.co.za

Author website www.tiisetsomaloma.co.za

This book or parts thereof may not be reproduced in any form, stored in a retrieval system or transmitted in any form by any means electrical, mechanical, photocopy, recording or otherwise – without prior written permission of the author.

Books by Tiisetso Maloma

Forget the Business Plan Use This Short Model

Innovate the Next

The Anxious Entrepreneur

Understanding the 4th Industrial Revolution & Innovation Easily

Future of Township Economies

Township Biz Fastrack

Tales of an African Entrepreneur

Introducing Ubuntu Stoicism

90 Days to Create & Launch

Innovate Like Elon Musk

About the author

Tiisetso Maloma is a South African entrepreneur and author with ten published books.

His work centres around providing simple frameworks to understand entrepreneurship, innovation, economics, and consumer behaviour.

Maloma specializes in the creation and launch of products.

It is believed by Tiisetso that this is the easiest, cheapest, and quickest time in history to be an entrepreneur and innovator, a belief also reflected in the subtitle of his tenth book, 90 Days to Create & Launch.

Among Maloma's books are Innovate Like Elon Musk, The Anxious Entrepreneur, Future of Township Economies, Innovate The Next, and Forget the Business Plan Use This Short Model.

Tiisetso has developed various business models and frameworks, including The EBC Business Model, The Human Greed Pyramid, and Product Adjacent Possible Success Factors.

Over the past 14 years, he has played a significant role in the creation of over hundred-products, resulting in thousands of sales.

Tiisetso Maloma has made noteworthy contributions to the South African publishing industry as a pioneering publisher and investor in the genre of diary chronicle books through Bula Buka Publishers. The publishing house has released titles such as Diary of a Cheating Wife, Diary of a Side Chick, Chronicles of a Slay Queen, and Diary of a Zulu Girl, among many others.

Maloma's professional endeavours span multiple industries, including accounting, clothing, publishing, tech, media, and events.

Tiisetso has collaborated with various organizations such as Standard Bank, The Innovation Hub, Sappi, ABSA, The Hope Factory, Transnet, and the City of Tshwane.

His work has been featured on The Huffington Post, CNBC Africa, How We Made It In Africa, Under 30 CEO, and Destiny Man.

In addition, Maloma has founded and co-founded businesses including Bula Buka, Startup Picnic Academy, Gabble Heights