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Engaged Entrepreneurs in Jozi

Published: 25 October 2018

The Johannesburg leg and last workshop of the ninth annual ENGEN Pitch & Polish programme was held on Saturday, 13 October, and was attended by very engaged and enthusiastic group of entrepreneurs. Since inception, this national entrepreneurial workshop and competition – hosted in partnership with Engen Petroleum Ltd, Nedbank, Raizcorp and Caxton Local Media – has helped over 11 000 entrepreneurs improve the way they pitch their businesses to potential investors. Following the opening talk by Justin Cohen (best-selling author and international speaker) during which he discussed the truth about motivation and the value of delivering a polished pitch, Allon Raiz (founder of Raizcorp) proclaimed that it was inspirational to see so many entrepreneurs.

“My entrepreneurship journey started as a ‘one-man band’ and I, too, had to pitch constantly. The mission of ENGEN Pitch & Polish is to give you the best chance when the opportunity arises. It is your job to convince an investor to spend money on you, your product or service and that they will get a return. We need each and every one of you to grow this country, so learn and perfect your pitch and then go on and employ people and make the change.”

Through the pitch of Thami Biyela, who has a software-development business, the delegates saw the value of being clear and concise when describing the core business. Bringing in an emotive aspect is effective in capturing the attention of a potential investor; however, the numbers must also be sound. Sipho Mampe, who came in third place with his lab equipment manufacturing company, learned that being authentic was powerful and that it instantly made his pitch clearer.

He delivered a detailed breakdown of the funding required and, based on the feedback, now understands that he must understand the profitability of each product line. Coming in second place, Thuso Motau, who manufactures household detergents, learned that it will add credibility to her pitch to include where her products are currently being sold. She was articulate in presenting the problem and how her business solves it.

Going into greater depth about the revenue and profit would have been advantageous. Through the day, Mlungisi Nkomo, who is developing a virtual reality app, was able to pique interest with his tech idea, and learned not to over-complicate his business model at the start-up stage. Research should be intensive and relevant to the local market. A key learning was that he must know the input costs first before putting a price on his product.

The winning pitch came from Mmatsatsi Rampa, who has a paint-manufacturing business. Her pitch was confident and demonstrated how having a great presence illustrates your authority about the business and the industry. You must show potential investors that you have a profitable business when you require funding for expansion plans. Mike Stead from Engen Petroleum Ltd and a seasoned judge for the programme commented, “Today we saw a good variety of contestants in diverse industries.

A key learning is the value in having a solid business case and being able to express it.” Mervyn Pillay from Nedbank added, “This interactive workshop gives great hope for South Africa as job creation will continue to be through small businesses, and the learnings today help support them on their journey.” Insider tip: Be authentic.

People buy from people. Share your story and explain the WIIFM (what’s in it for me). As the 2018 winner of the Johannesburg leg of ENGEN Pitch & Polish, Mmatsatsi Rampa won R6 000 and a week of training at Raizcorp in Johannesburg worth R150 000. She also has the opportunity to progress to the semi-final and become the ultimate 2018 ENGEN Pitch & Polish winner and receive further cash injections and other prizes. Congratulations to everyone for attending, for taking action and for being the light that shines on the local entrepreneurial environment. For more information, visit www.pitchandpolish.com.

In this picture (from left to right): Mlungisi Nkomo, VR app developer from VosloorusThuso Motau, household-detergent manufacturer from Pretoria – second placeMmatsatsi Rampa, paint manufacturer from Johannesburg North – first placeSipho Mampe, lab-equipment manufacturer from Soweto – third placeThami Biyela, software developer from Soweto 

Dreaming Big in Durban

Published: 13 September 2018

The Durban leg of the ninth annual ENGEN Pitch & Polish programme was held on Saturday, 8 September with excellent attendance by enthusiastic entrepreneurs from the area. Since inception, this national entrepreneurial workshop and competition – hosted in partnership with Engen Petroleum Ltd, Nedbank, Raizcorp and Caxton Local Media – has helped over 11 000 entrepreneurs improve the way they pitch their businesses to potential investors.

“Engen Petroleum believes there is great value in raising the concept of polishing ideas and partners with businesses, such as Raizcorp, to create entrepreneurs that will generate jobs and subsequently curb unemployment to alleviate poverty,” states Unathi Njokweni-Magida, the Head of Transformation & Stakeholder Engagement at Engen Petroleum Ltd. “Entrepreneurs are the future for change.

The essence of ENGEN Pitch & Polish is to bring beautiful ideas and business to life by teaching what and how to communicate succinctly, effectively and with confidence,” she continues. The day’s winning formula saw Justin Cohen (best-selling author and international speaker) motivating the crowd about the value of delivering a polished pitch. The workshop aims to teach participants how to develop a well-rounded and investor-ready pitch.

The interactive nature of the event ensures that everyone participates while learning at the same time. At each event, five contestants pitch their businesses while the facilitator and attendees offer guidance, advice and direction to help shape the pitches. Justin teaches that, at times, optimism and enthusiasm can be more important than academics and says, “Confusion is the death of a pitch; keep it simple.”

For example, through the example of Shiroma Bennimahadeo, who came in third place, and her biomedical engineering consultancy idea, the delegates saw the impact of a strong opening and how to weave in how investors will benefit, through the use of branding as well as financial information. Her quiet confidence was effective, and she delivered an excellent three-minute pitch to the “investors” in a centred and authentic manner. The feedback that Ayanda Magubane received for his mobile cleaning services was to keep his offering simple by focusing on the core business, then bringing in expansion plans only if there is time. A business model that is easy to grasp will lead to a quicker understanding. Knowing his target market and vision is a great strength.

Phumzile Manana, who came in second place with her existing food-manufacturing business, was clear on what she wanted the money for and her business acumen came through well. Her feedback included the importance of securing many clients instead of pinning one’s hopes on one large contract. Placing more focus on the product instead of on the business model was a key learning of the pitch delivered by Jacqueline Mccarroll, whose company distributes water and energy saving products.

Participants learned to weave in credible successes early in the pitch as this builds trust. They also learned that rehearsing one’s pitch is highly beneficial and that comparing their products or services with something already in the market that is relatable helps to paint a picture more quickly. From here, you can move on to the financial side more smoothly. The winning pitch was delivered by the wild card entry of the day (someone who is chosen by the audience).

Mongezi Dlamini has a hydroponic farming business and worked hard to polish his pitch throughout the day. The audience saw how impactful a powerful opening can be, with Mongezi delivering a concise introduction followed by outlining the problem and then presenting his solution. His compelling proposition was refined and showed how imperative it is to be specific about numbers. Insider tip: 50% of your pitch is not what you say, it is rather how you say it. Imbue confidence and clarity into your pitch combined with depth of knowledge.

As the 2018 winner of the Durban leg of ENGEN Pitch & Polish, Mongezi Dlamini won R6 000 and a week of training at Raizcorp in Johannesburg worth R150 000. He also has the opportunity to progress to the semi-final and become the ultimate 2018 ENGEN Pitch & Polish winner and receive further cash injections and other prizes. Congratulations to everyone for attending, for taking action and for being the light that shines on the local entrepreneurial environment.

For more information, visit www.pitchandpolish.com.

In this picture (from left to right): Mongezi Dlamini, hydroponic farming Shiroma Bennimahadeo, biomedical engineering consultancy Phumzile Manana, food manufacturingJacqueline Mccarroll, water and energy saving products Ayanda Magubane, mobile cleaning services

ENGEN Pitch & Polish Nurtures Talent in Newcastle

Published: 07 September 2018

The Newcastle leg of the ninth annual ENGEN Pitch & Polish programme was held on Saturday, 1 September, the first time the event has been hosted in the city since inception. This national entrepreneurial workshop and competition – hosted in partnership with Engen Petroleum Ltd, Nedbank, Raizcorp and Caxton Local Media – has helped over 10 000 entrepreneurs improve the way they pitch their businesses to potential investors. “Engen Petroleum is committed to playing its part in helping to develop the economy of SA. One of the initiatives that we use as a vehicle to achieve this is the powerful ENGEN Pitch & Polish programme, as it aims to assist local communities transform their business ventures, with the potential to create jobs.

This exposes entrepreneurs to enterprise development training and critical thinking skills that will help them grow their business ideas,” explains Thandi Ngxonga, Process Safety Specialist, from Engen Petroleum Ltd. The day’s winning formula saw Justin Cohen (best-selling author and international speaker) motivating the crowd about the value of delivering a polished pitch. The workshop aims to teach participants about how to develop a well-rounded and investor-ready pitch. The interactive nature of the event ensures that everyone participates while learning at the same time. At each event, five contestants pitch their businesses while the facilitator and attendees offer guidance, advice and direction to help shape the pitches.

“This is where entrepreneurs are grown, and it is entrepreneurs who will grow this country, solve problems and create employment,” enthuses Cohen. For example, through Charity Modise and her events business, the delegates learned that sometimes what entrepreneurs need is clients and not necessarily funding, and also how important it is to do research into your competitors and their offering and tools.

Sikhumbuzo Nkosi, with his labour law consultancy, presented a strong pitch. However, what he and the audience learned was that using a variety in pace and tone would help to make his pitch more impactful and easier to follow. There is credibility in sharing successes and achievements which demonstrate the consultancy’s strength. Sharing one’s accreditations can also be a powerful tool, as seen in the pitch of Ntombi Nkosi, a geological consultant. You need to explain the differentiating factor in your business and be very specific about your finance model. It’s important to explain a complex industry in a way that makes sense to a potential investor.

The feedback that Zamaswazi Khulu received was to clearly explain her environmental consultancy business by defining its value. A business that offers a product or service that is in high demand yet has low supply is music to the ears of an investor, but you need to be sure to back up your claims with stats and facts. The winning pitch was delivered by the wild card entry of the day (someone who is chosen by the audience).

Riaz Kajee has a tech-focused courier business model and his pitch illustrated a clear business model and had a relatable story. His pitch reflected the learnings from the day and was well structured in its delivery. This country needs entrepreneurs who get up every morning and grind, as it is through entrepreneurs that the economy will be buoyed.

To pitch effectively, knowing your financials in detail is what will set you apart. Insider tip: Paraphrase what the investor has said back to him or her as this shows that you have understood what they are saying and helps build a connection and rapport. Entrepreneurs are really pitching their purpose, and investors buy the ‘why’ you do what you do, the value and the benefits and not necessarily the ‘what’ or features of the product or service. A fabulous nugget shared by one of the delegates was, “I need to begin to be big. I don’t need to be big to begin.” As the 2018 winner of the Newcastle leg of ENGEN Pitch & Polish, Riaz Kajee won R6 000 and a week of training at Raizcorp in Johannesburg worth R150 000.

He also has the opportunity to progress to the semi-final and become the ultimate 2018 ENGEN Pitch & Polish winner and receive further cash injections and other prizes.

Congratulations to everyone for attending, for taking action and for being the light that shines on the local entrepreneurial environment. 

ENGEN Pitch Polish - Call for Entries - Mpumalanga

Published: 29 August 2018

We have great news to share – ENGEN Pitch & Polish, the annual free Entrepreneurial training workshop and competition, will be in TWO Mpumalanga cities this year – eMalahleni and Nelspruit. 

 Emalahleni on Saturday 29 September 2018 ; Portuguese Hall, 95 Nita Avenue, eMalahleni

Nelspruit on Saturday 06 October 2018 ; Arena @ Emnotweni, Government Boulevard, Nelspruit 

WIN R80 000 IN CASH FOR YOUR BIZ! Running your own business? Want to run your own business? Either way, ENGEN Pitch & Polish is the platform you need to launch you on the path to success! Now in its ninth year, ENGEN Pitch & Polish is a national entrepreneurial workshop and competition that - so far - has helped around 10 000 entrepreneurs improve the way they pitch their businesses to potential investors.

A perfectly polished pitch is key to growing and succeeding in business! Magic always happens when investors hear a well-rounded pitch, as seen at the 2017 final where the winner was offered R2.5 million in potential funding.

This year's programme is hosted in partnership with Engen Petroleum Ltd, Nedbank and Raizcorp, with the eMalahleni workshop taking place on Saturday 29 September and the Nelspruit workshop taking place on Saturday 6 October. You can register to attend as a delegate or - if you feel you have what it takes - you can complete an online entry form to be considered as a contestant.

During one exhilarating, exciting and fun free day, participants undergo comprehensive and interactive entrepreneurial training on how to pitch like a pro! The session is facilitated by Justin Cohen, best-selling author, international speaker and TV talk-show host.

After the training session, the pre-selected contestants can pitch their ideas or businesses to the whole audience. This is where things get really interesting, with both the facilitator and the audience providing feedback on how pitches can be improved.

Book now to ensure your place. SMS "Pitch" to 43719 (SMSs charged at 50c) or visit www.pitchandpolish.com to complete an entry form.

ENGEN Pitch Polish - Call for Entries - Grahamstown 15 Sept

Published: 21 August 2018

WIN R80 000 IN CASH FOR YOUR BIZ!Running your own business? Want to run your own business? Either way, ENGEN Pitch & Polish is the platform you need to launch you on the path to success! Now in its ninth year, ENGEN Pitch & Polish is a national entrepreneurial workshop and competition that – so far – has helped around 10 000 entrepreneurs improve the way they pitch their businesses to potential investors.

A perfectly polished pitch is key to growing and succeeding in business! Magic always happens when investors hear a well-rounded pitch, as seen at the 2017 final where the winner was offered R2.5 million in potential funding. This year’s programme is hosted in partnership with Engen Petroleum Ltd, Nedbank and Raizcorp, with the Grahamstown workshop taking place on Saturday 15 September.

You can register to attend as a delegate or – if you feel you have what it takes – you can complete an online entry form to be considered as a contestant. During one exhilarating, exciting and fun free day, participants undergo comprehensive and interactive entrepreneurial training on how to pitch like a pro! The session is facilitated by Justin Cohen, best-selling author, international speaker and TV talk-show host. After the training session, the pre-selected contestants can pitch their ideas or businesses to the whole audience.

This is where things get really interesting, with both the facilitator and the audience providing feedback on how pitches can be improved. Book now to ensure your place in Grahamstown on Saturday 15 September.

SMS “Pitch” to 43719 (SMSs charged at 50c) or visit www.pitchandpolish.com to complete an entry form. 

ENGEN Pitch Polish - Call for Entries - Newcastle

Published: 12 August 2018

We have great news to share – ENGEN Pitch & Polish will be in Newcastle on Saturday 1st September 2018, to host their free Entrepreneurial training workshop and competition at the Pines Conference Centre.

WIN R80 000 IN CASH FOR YOUR BIZ!Running your own business? Want to run your own business? Either way, ENGEN Pitch & Polish is the platform you need to launch you on the path to success! Now in its ninth year, ENGEN Pitch & Polish is a national entrepreneurial workshop and competition that – so far – has helped around 10 000 entrepreneurs improve the way they pitch their businesses to potential investors.

A perfectly polished pitch is key to growing and succeeding in business! Magic always happens when investors hear a well-rounded pitch, as seen at the 2017 final where the winner was offered R2.5 million in potential funding. This year’s programme is hosted in partnership with Engen Petroleum Ltd, Nedbank, Raizcorp and Caxton Local Media, with the Newcastle workshop taking place on Saturday 1 September.

You can register to attend as a delegate or – if you feel you have what it takes – you can complete an online entry form to be considered as a contestant. During one exhilarating, exciting and fun free day, participants undergo comprehensive and interactive entrepreneurial training on how to pitch like a pro!

The session is facilitated by Justin Cohen, best-selling author, international speaker and TV talk-show host. After the training session, the pre-selected contestants can pitch their ideas or businesses to the whole audience. This is where things get really interesting, with both the facilitator and the audience providing feedback on how pitches can be improved.

Book now to ensure your place in Newcastle on Saturday 1 September. SMS “Pitch” to 43719 (SMSs charged at 50c) or visit www.pitchandpolish.com to complete an entry form. 

FORBES International Business Coach Launches Southern Africa Tour for National Women’s Month

Published: 08 July 2018

Johannesburg, Gauteng – 9 July 2018 - American Founder of Pursue Your Purpose LLC and Forbes Coach, Tamiko Cuellar, will be launching a 4-city "Own Your Brilliance! Tour throughout South Africa and Namibia for aspiring and emerging women entrepreneurs from 11-20 August 2018 in honor of National Women's Month. The first-of-its-kind tour will be a series of Master Class workshops taught by Cuellar and are based on her 3rd book release, "Own Your Brilliance! - A Woman's Guide to Hiring Herself." Aspiring and emerging women are strongly encouraged to attend this event.

The tour will commence in Johannesburg on August 11th, then to Windhoek, Namibia on August 14th, to East London on August 18th, and end in Cape Town on August 20th. "South Africa and Namibia have some of the most talented and capable professional women who are seeking to be empowered to start or run their own businesses successfully. As an International Business Strategist, I am coming to help them get to their next level," says Cuellar. Attendees will leave inspired and equipped to own their brilliance and with ways they can prosper by using their gifts, talents, skills, and abilities on their own terms as entrepreneurs.

Notable sponsors including the University of South Africa (UNISA) and the Young African Leaders Initiative (YALI) have joined forces with this powerful event. East London-based firm Epitomely PRM, has also partnered with the event to market it in Eastern Cape and has brought on Cape Town based NGO Womandla as the official Corporate Social Initiative client so that a portion of the ticket proceeds can benefit the Womandla Foundation for women in Africa. Mamoyo Media House in Johannesburg is an official media partner of the event.

Details of the Master Class and registration can be found on the registration page.   A special opportunity for discounted coaching with Cuellar will be made available to a select number of women who register early. Spaces are limited.  During the Master Class, Cuellar will share her personal journey that inspired her to write the "Own Your Brilliance!" book and teach practical lessons and strategies from the book to equip women to run successful businesses.  A free copy of the e-book will be provided to every woman who registers for the event. Tamiko Cuellar is the CEO and Founder of Pursue Your Purpose LLC, a global coaching firm based in the U.S. for aspiring and emerging women entrepreneurs internationally. She is a member of the Forbes Coaches Council, a regular contributor to Forbes.com and a former Adjunct Professor of Entrepreneurship. A proven leader in the global marketplace,

Tamiko has been invited to speak at corporations, conferences, churches, on several radio and TV programs, and more. Cuellar coaches high performing, purpose driven women globally with strategies to transition into entrepreneurship and to grow their businesses. For more information on Cuellar and her company, visit the company website.

The Impact of ENGEN Pitch & Polish

Published: 03 October 2016

"5, 4, 3, 2, 1... Pitch and Polish!" 

For the past six years, these sounds have reverberated in community halls across South Africa, as entrepreneurs have presented their business ideas to audiences and expert judges. What began, in Nelspruit in 2010 with an audience of forty people – as a small idea to assist entrepreneurs to hone their business pitches – has grown into a national programme which, in 2015, saw 1680 audience members attend eight workshops and competitions from Cape Town to Klerskdorp.

Now in its seventh year, the ENGEN Pitch & Polish programme has become so successful that Engen Petroleum Ltd. is sponsoring it for a fifth year, with Nedbank coming on board as a major sponsor for 2016. “Seven is a magic number,” says Unathi Njokweni-Magida Engen’s Group Transformation Manager, “and so we are expecting big things from the ENGEN Pitch & Polish programme this year.”For Njokweni-Magida, Engen’s motto ‘with us you are number one’ dovetails beautifully with Pitch & Polish’s purpose. “The programme aims to find the number one unsung entrepreneur in South Africa. This is the person who, in Stage 1 of the competition, has a business idea that we think will succeed. The question is whether the entrepreneur has what it takes to learn the lessons offered by the workshops, and polish their pitch to such a point that success is inevitable,” says Njokweni-Magida.

Nhlakanipho Shange was one such entrepreneur. Armed with a dream, he entered ENGEN Pitch & Polish in Wentworth, in KwaZulu-Natal, in 2013. Although Shange did not win the competition, he attributes his success to the experience he gained as he proceeded from the first to the semi-final round of the competition. “At ENGEN Pitch & Polish I learned that preparation is the key to success,” says Shange. “As an entrepreneur, you never know when someone will ask you: ‘What does your business do?’ If you are unable to answer this question clearly, in less than 3 minutes, you will not be able to access the resources to grow your business,” he states with the self-assurance of an entrepreneur who has integrated the lessons he learned at the workshop. The competition gave Shange the confidence to transform his idea into a fully-fledged business. AD.IT Solutions is fast becoming a pioneer in disruptive digital media technology in South Africa.  And it all began when Shange dared to enter a competition! This year, AD.IT Solution will be providing advertising services for Pitch & Polish. The competition, which started as his teacher, has now become his client. “I understand now that entrepreneurship is a journey, not a destination,’” says Shange.

From ‘Dragon’s Den’ to ‘The Apprentice’, we have become accustomed to watching entrepreneurs pitching their ideas. Pitch & Polish is different in that it uniquely combines training, audience participation and a competition to ensure as wide a reach as possible. Because it is not possible for everyone to participate in the actual competition, every Pitch & Polish Day begins with a workshop in which the entire audience is provided with knowledge and skills to equip them to translate their ideas into businesses, or to take their existing businesses to greater heights. The workshop, based on the best-selling book, ‘Lose the Business Plan’ by Allon Raiz, CEO of Raizcorp, teaches entrepreneurs that starting a business is not about funding. Rather, it is about having a product or service for which people are willing to pay.“Without a paying customer,” says Raiz, “you don’t have a business. Yet, from workshop to workshop, when asked who their target market is, the standard answer given by entrepreneurs is: ‘Everyone’. Pitch & Polish forces entrepreneurs to question deeply and to find answers to the key questions: ‘What do you sell?’ and ‘Who’s buying?’ If you cannot answer these two questions, you do not have a business,” says Raiz. Raiz continues, “Pitch & Polish provides a safe environment for entrepreneurs to learn the lessons – before they have to face the dragons!”Nedbank, one of the sponsors of Pitch & Polish, continues to support SMEs as well as aspirant entrepreneurs through practical solutions. ‘Through our ongoing engagement with small and medium enterprises, we understand the enormous responsibility business owners face in starting up and running their businesses. The Pitch & Polish workshops are a perfect platform to empower businesses with simple tools aimed at refining their ideas and building their confidence for the journey ahead. This is another way we continue to make the things that really matter for businesses happen,’ says Tracy Afonso: Head of Strategy, Small Business and Professional Banking at Nedbank.

Every one of the 1680 people who attended ENGEN Pitch & Polish workshops last year learned something, both about themselves and about business. “If each participant implements one of the lessons in their business, or passes on the lesson to another, the ripple effect of Pitch & Polish on the economy is enormous,” says Raiz.

For a list of this year’s workshops, and to experience the magic of Pitch & Polish for yourself, visit www.pitchandpolish.com.