SA Entrepreneur Allon Raiz Shares Why Entrepreneurs Shouldn’t Waste Resources On ‘Ego Assets’
SA Entrepreneur Allon Raiz Shares Why Entrepreneurs Shouldn’t Waste Resources On ‘Ego Assets’. South African entrepreneur and founder of Raizcorp Allon Raiz took to Twitter to share why entrepreneurs shouldn’t waste their resources on ‘Ego Assets’ as this can harm the productivity and efficiency of the business.
The post read, “When starting a business, don’t waste your resources on ego assets. Use every cent on assets that increase capacity and productivity and last for many years. Each asset you purchase should be directly linked to your documented strategy. The same rule goes for the people u employ.” Raiz is widely regarded as a pioneer and maverick in the business incubation industry. He is the founder and CEO of Raizcorp which is an incubator in Africa, and currently supports in excess of 500 businesses. Allon is also the author of 3 bestselling entrepreneurial books. He hosted the first national radio show on entrepreneurship in South Africa in 2004; wrote and hosted the first South African prime-time, entrepreneurship, reality TV show; and also created an entrepreneurial cartoon strip. Allon is the host of The Big Small Business Show on BusinessDay TV; and a columnist for Entrepreneur Magazine and The Star.
Raizcorp provides business support for enthusiastic, growth-hungry entrepreneurs, offering them a platform that fosters learning and guidance, which can be translated into practical business success. It also offers partnership opportunities, providing invaluable business guidance and support for businesses. Raizcorp works with entrepreneurs, corporates and governments around the globe in order to support entrepreneurial development strategies and initiatives.
With all this experience Raiz has in the business world, entrepreneurs should take his advice seriously as he has been able to build his own business and also helped other entrepreneurs also build their businesses. When entrepreneurs stick to the plan that they had, they will be limiting a lot of distractions that can get in the way of the achieving their goals.