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    Share the Failure

    FuckUp Night, Pt. 2

    Thursday, 9th of March we had the 2nd ever FuckUp Night in Cape Town, and my goodness, what a night. First off, we had 4 Entrepreneurs this time, not just the usual 3 and they were as diverse as they were entertaining! But before we get there, first some housekeeping.

    First up, the venue, Canterbury Club on Canterbury Street did a fine job in keeping the attendees, speakers and production team well lubricated with a beautiful array of Mexican inspired “Minty Mojitos & Tequila Sunrise” on the night at the more than reasonable cost of R45 each! And they were damn tasty folks! [see pic] 

    Mojitos by Canterbury Club

    Refreshments keeping our Entrepreneurs fueled on the night.

    Doors opened at 17h45 and everyone had an  hour to grab a drink, meet some new people and settle in to a good seat for the night. Our MC’s for the night, were none other than CTO Chiefs (that’s members), brothers Ollie & James Boyers of Chartall Business College. For those of you who don’t know, here’s a brief snapshot of what they do…

    Chartall Business College provides accredited online learning to individual and corporate clients in South Africa. 

    First up, we had the very accomplished Founder of Thope Foundation, Rethabile Mashale Sonibare to deliver what was an insightful look into the complicated world of growing an NPO in South Africa. The complexities of skills required are not dissimilar to those required in running any other business, from managing finances to finding the right people to help you drive the mission forward. 

    Thope FoundationThope came close to running on empty, when Rethabile took the brave and somewhat radical decision in 2016 to change the business model to pursue what many might consider a more sustainable business model that actually looks to create and maintain a revenue stream, outside of what donors and benefactors bring to the table. This shift, has seen a successful bid to financing their own school, that will remain focused on providing STEM education to young girls in Khayelitsha. To keep up with their progress, on the school and how you might be able to get involved, follow www.thopefoundation.org 

    Our second speaker for the night, Mr Kean Graham Founder and CEO of Monetize More shared the tale of a most extraordinary challenge in 2013. One morning, he opened up his laptop to find that Google has not only banned  one their top clients, but were also withholding more than $2m in revenue! It was a long and painful path that lay ahead for the Monetize More team, but they managed to come out stronger, with more robust security features and screening processes and despite the tremendous cash flow problems, retained all their staff! 

    keangraham

     

    His parting words to the audience….simple.

     

     

     

    After a 10 minute interval, so we could refresh our drinks and run to the loo, the 3rd speaker of the night was up, Thorsten Rauser! His story was a simple one, albeit and expensive one. In an attempt to immolate the great game shows of the day, he came up with a revolutionary online game where a small entry fee could see you take the pot of winnings at the end of the game. He sought the advice of some pretty experienced folks and despite their advice to NOT do this, Raus pushed ahead and created the game. 

    Thorsten Rauser

    He raised a whopping R20m in venture capital funding and off he went. However, a few months in….the dreaded reality set in, the advice he was given by the experts, were in fact, right. Raus went from a Jaguar driving multi-millionaire to having to hand the keys of his beloved steed back in a matter of weeks! The fall was hard, but like all fuckups, the learning invaluable.

    Today, Raus is heading up his new startup, The Binary Family, and with a formidable team they create beautiful mobile application and brain teasing games that keep millions of people entertained! 

    Our final speaker of the night, Justin R.Melville is somewhat of a legend when it comes to startup failures, being the only one of our line up that’s actually referenced by a US University as an example of a spectacular failure. But there is a fine, fine line between one who simply fails and the mavericks of our startup landscape who truly innovate and create the next “big thing”. There are too many great lessons to reference here, sadly you should have been at FuckUp Night to hear them for yourself, but I will leave you with the one pearl of wisdom he left the audience with.

    When things start falling apart, reach out and share it with the world. You never know who might be out there, ready to lend a hand or a few dollars.

    Oh and this peach…the 3 ingredients needed to make your startup a success. 

    justin

     

    Today, Justin is the Founder and CEO of Ekaya.com a property mobile application that connects people looking to rent their dream home, to those who own them. 

    Ekaya.com

    The tool that won a thousand apartments

    The next FuckUp Night will take place on Wednesday, 19 April and you’ll be a fool to miss it. Make sure you follow our social media feeds, from Twitter to Instagram and Facebook – all @fuckupnightscpt for updates, news and ticket releases. 

    If you’d like to get in touch with any of our speakers, please drop me a line & I’ll put you in touch.

    Cheers,

    Lizelle & the FuckUp Night Cape Town team. 

    #ShareTheFailure 

     

    March 13, 2017
    Africa APP development Business co-working Collaborate community conference cowork coworking Digital Entrepreneur Entrepreneur Network hub incubators Investment networking Shared Office SME SouthAfrica Start-up techhubs Uncategorized

    Coworking Africa, a growing community.

    coworking-Africa-Conference-2015-970X180

    Coworking Africa

    On the 5th of February we had the 2nd meetup of Coworking Africa at the Design Bank, in the East City of Cape Town. Organised by the Coworking Europe crew, this was very much a spur of the moment event as a follow on from the very first gathering in 2015.

    Like the first #CWAfrica conference, the content was rich and the contributors all evangelical about the growth of the coworking movement on African soil. What’s clear is that we [operators / owners] are all passionate about the people we’re creating these amazing spaces for; the freelancers, the entrepreneurs, the lone rangers out on a mission to start his/her own business and desperate to get out of “coffee shop working” and into a community of like minds. We understand how crucial enabling this environment is to the bigger picture, i.e. the growth of our economy and that any part we can play in helping the start-ups and small businesses can only be a great thing for the South African and greater African economy.

    For example, we heard at the meet up that there’s so much good news around the growth of Fintech in Cape Town, be it the vast amount of talent Cape Town has to offer the Tech (global) scene, that could rival any San Francisco, London and Silicon Valley today. And the influx of investment that leads to the creation of more Hubs and Incubators that in turn feeds beautifully into coworking spaces. It’s all very good news!

    Now for the part that’s not so good… YET! A clear message from the unconference part of the day was that more needs to be done to assist those who live outside of our cities, in townships and informal settlements to help become part of our coworking communities. It’s not enough to offer discounted or even free space to these entrepreneurs and freelancers. Paying for a desk is only one part of the problem, what about the nearly R2,000 per month to travel in and out of town on top, not to mention lunch!

    We don’t have the answers to these complex social issues, not by a long shot, but participating in platforms like Coworking Africa brings us a little closer to finding those sustainable solutions. I look forward to the continued discussion around this subject and welcome you – yes you reading this – to put forward any ideas on how we can make this a reality.

    A big thanks to Vanessa and Coworking Africa for putting the day together with the help of Steven from The Design Bank and all the lovely people I met on the day! To catch the presentations and an overview by the organisors, read up about it here, http://coworkingafrica.com/2016/02/15/a-look-back-at-the-second-coworking-africa-2016-meetup/

    Keep an eye out for the next meetup & hope to see you there!

    Lizelle

     

    February 15, 2016
    Africa Business Cape Town co-working community coworking Entrepreneur flexoffice hub Not for Profit Shared Office SouthAfrica Uncategorized workcation

    Time flies

    capetownoffice

    It’s been an exciting couple of months here at CTO. We had the crew from Touch Foundation visit from Tanzania who decided on Cape Town as a go-to workcation destination. They took full advantage of all that the Cape has to offer visitors during their 7 week stay and I dare say the experience is one that will leave a lasting impression. Always lovely to see this beautiful place we call home through the eyes of visitors…reminds us of just how lucky we are!

    It was an absolute pleasure getting to know Karin, Renae, Andrew, Dancho, Sarah, Vallerio and Massi who do such amazing work in the health care sector in Tanzania.

    Never heard of Touch Foundation? Well here’s a little snippet:

    Touch Foundation is a secular, non-profit organization committed to improving the health of the Tanzanian population by strengthening the health system across the different levels of care. Touch expands its impact by sharing the acquired knowledge with the local and international public health community.

    So here we are with less than 5, yes … 5 weeks till the end of 2015 and I can’t believe how time flies. It’s been an incredible year for CTO and there’s so much to talk about that I’ve decided this year to write a proper Directors’ Report with the highs and lows of coworking life at CTO which I’ll publish in the coming weeks.

    If you’re starting or thinking of starting a new business in 2016, get in touch. We’re always looking for cool, creative and inspiring entrepreneurs to join our clan.

    Have fun!

    November 25, 2015
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    The growth of coworking.

    A friend shared this video with me today and so here it is, thanks Marius of Freelance Cape Town.  The growth of coworking in Cape Town has been staggering over the past two years which only proves that more people are waking up to the benefits of working from a coworking space.

    Coworking is no longer an idea or concept or even a thing of the future, Coworking is now.

    Video via Turnstone.

    November 04, 2015
    Africa Business Business Plan Cape Town co-working Collaborate cowork coworking Entrepreneur Entrepreneur Network networking SouthAfrica Start-up Uncategorized

    CTO Member Spotlight: October

    AfricanDreams

    African Dreams

    So I’ve decided to dedicate one post per month to a member’s business here at Cape Town Office and so ladies and gentleman may I introduce you to African Dreams.

    African Dreams is the brainchild of Danielle who arrived at Cape Town Office a few months ago after more than 10 years of living and working in Hong Kong. In that time she built up an incredible network of businesses in China through her company, Guanxi Connections, providing Event management | Design | Marketing services, just take a look at what some of her clients had to say, www.guanxi-connections.com/testimonials.html

    But, like any entrepreneur, she quickly saw that there’s an opportunity for her here in South Africa to bring China a  little closer to Africa and indeed bring Africa closer to China through African Dreams. She has carefully selected a diverse range of African products such as Organic food supplements, Specialty teas to Eco-furniture available via the website.

    So spread the news far and wide folks and help this entrepreneur get this business off the ground in style!

    To contact Danielle and chat about importing/exporting goods to China, you’ll find her here.

    Twitter: https://twitter.com/BuyDanielle

    Email:  info@guanxi-connections.com

    WEB: http://www.africandreams.co/

     

    October 15, 2015
    Business Business Plan Cape Town co-working Collaborate community cowork coworking Entrepreneur Entrepreneur Network networking Shared Office SME Uncategorized

    Being social is good for business.

    capetownoffice

    Is being social good for business?

    More and more companies are looking at coworking spaces as a fast and effective way of expanding their business operations. Instead of worrying about signing a lengthy lease, kitting it out with furniture and negotiating the best internet package, all you need to worry about is getting here. That’s the obvious bit, but there’s more to it than that.

    Tapping into the existing social network of a coworking space can play a big part in making sure that your new employees don’t feel isolated while you’re off building the base in the new city.

    Coworking is not just for start-ups

    A good recent example of this is a company from Gauteng that currently employ more than 250 people and looking to expand with an office in Cape Town. When I asked them why they’re looking at coworking the answer was simply, it’s a lot more social and in the short term will help the guys feel good about coming to work! So it got me thinking. Is it good to be social at work?

    For me, absobloodylutely YES. If I’m having a bad day, struggling with a tricky work related issue by simply stepping out of my work zone into the common area, I’m bound to bump into someone there and a quick chat immediately makes me feel better, especially when its random and off topic . Right now at CTO we have a great mix of cultures which also adds to the flavour. Just yesterday in fact a couple of American guys told me they were off to The Spur for the Monday night special and quite looking forward to trying the burgers to compare it to back home. Since I was practically raised in The Spur, like most kids in SA, I was delighted to hear that they had a great experience 😉

    Community

    Of course there are lots of other benefits to coworking, but I don’t think enough is said about the social benefits. A few months ago we had an expat return to South Africa join us after more than 10 years of living in Hong Kong! She’s not from Cape Town either, so you can imagine there was no social circle to jump into, she was starting from scratch. After just a few weeks here she joined up with a few CTO members to go for Sunday walks up the mountain, every Sunday. It’s definitely helped her settle back much faster than had she opted for the work-from-home option.

    We are after all social creatures who enjoy hearing one another’s stories and experiences. Very few of us are designed to sit in a room alone for up to 9 hours a day working, so why do it? I hear it quite a lot that the only reason people would choose to work from home is to save money, but how do you put a price on being happier? Maybe some clever person can design a happiness measuring tool so we can see the results. Wouldn’t that be cool!!!

    So, still unsure about sharing space with other people? All I’d say to you is that once you’ve tried it, you won’t look back. Five years and counting for me and I’ve loved every day of it. So, if your company is looking to set up an office in Cape Town, give us a shout, you won’t regret it.

    October 14, 2015
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    These major coworking events will take place in 2015

    Coworking-Africa-Conference-2015-970X180

    Almost 300,000 people have worked in nearly 6000 coworking spaces worldwide by the end of this year. The coworking movement acquires maturity, expanding with bigger spaces and more locations, an higher diversity of business models, and exploring more niches. This development will be also reflected in more coworking events next year. Asia’s first coworking unconference will be held in Bali.

    The Global Coworking Unconference Conference is going to California. However, it won’t take place only once, but three times, by popping up in Australia and Canada as well. And Africa will get its first dedicated conference on coworking, in Cape Town. It’s time to mark your fresh calendar with the upcoming major events on coworking in 2015!

    Click on the link to get the full list –> http://www.deskmag.com/en/these-major-coworking-conferences-events-barcamps-will-take-place-in-2015

    Via http://www.deskmag.com/

    deskmag

    March 09, 2015
    APP development Business Business Plan Cape Town co-working Content Creator Digital Entrepreneur Entrepreneur Network Internet Shared Office SME Social media Start-up Uncategorized

    So who CoWorks in a space like CTO?

    DSC_0467 (2)

    I often get asked “what other businesses are in the space”, so thought it was time for an update. What’s lovely is the variety of “trades” we have here at Cape Town Office which really creates opportunity for everyone to naturally network. Also, some of you might be interested to learn that not all our members are Entrepreneurs either. We have three companies that use CTO as a base for their employees, two in the UK and one in the USA. We also had our very first UNISA undergraduate join the CTO this month as he simply needed a quiet, focused space to do his studying from away from home.

    Sometimes its not about anything more than breaking the dreaded isolation curse that so many people face when working from home. Socially a space like this can be very uplifting and naturally help someone who might be stuck in a rut change tact in their business to gain better results. Sometimes its just a bit of human interaction that’s required to lift the spirits after a tough day in the office and comfort in the knowledge that you are not alone. Many other Entrepreneurs have been in your position and there is a way out!

    We have Graphic designers, Content creators, Financial analyst, Aluminum Composite Panels suppliers, Architects, Software developers specializing in interactive digital display installations, Knitwear, Not for profit, Videographer and even Tour operators and more…

    Here’s a quick list…

    Shane / Ridhu / Richard, Digital genii of RenderHeads

    Ronelle, Founder of TREK outdoor survival gear  and Graphic Designer, GraficTrafic

    Rethabile, Founder of  Thope Foundation

    Michael, Website guru of Solutions Web

    David, Entrepreneur and Founder of NitroCreamy & Missing Piece Films 

    Thorsten, Social Media Consultations and Website Design / www.thorsteneggert.com

    Julian, Chief of Head Stream Water Solutions

    Naomi, Operations behind Khuluma Education

    Anthony, Sales engine of DrinC

    Pete, Illustrator and Founder of LightSpeedDesign

    Annie, Inbound Product and Operations Manager for Jacada Travel

    Tobias & Ann-Marie, Founders and Creative monkeys behind LEVR Creations. (Architects / Interior Design / Furniture)

    Kevin, Sales & Marketing engine of Chocolate & Love

    Amy, Designer for Top Left Design UK

    Dylan & Meagan, Support operators for Order Talk US

    Andrew, Freelance online marketing  & content creator for www.capetownbig6.co.za www.capepoint.co.za www.civair.co.za

    Roberto, Energy Trading Analyst for Trailstone

    Sean, Sales Genius for Alcobond 

    Lizelle (that’s me), Founder of LVR – Business to Business lead generation / marketing

    John & Sonja of Big Blue Sky Tours – Independent Tour Operators

    Brigitta, who with her mom run a small family business supplying quality Knitwear to South African high street retailers

    Denise, in the throws of writing a book & doing her Post PHD

    Guiseppe, doing his Bachelor of Commerce in Marketing via Unisa

    Roelf, Founder of Extra Mile Cabs (Pty) Ltd

    Johann, our resident IT guru – MyIT FIX (website coming soon)

    So, that’s the current list of CTO members and more joining us every week now which is just brilliant. Keep in touch via Twitter @capetownoffice or Facebook /capetownoffice for all the goings on at CTO. If this sounds like it could be a solution for you, don’t wait – pop in & see what you’re missing out on!

    #cowork #network #collaborate

    Best,

    Lizelle

     

    October 17, 2014
    APP development Business Business Plan Cape Town co-working Digital Entrepreneur Entrepreneur Network Hot Desk Infographic Internet Investment Pitch Shared Office SME Social media Start-up Uncategorized

    Seeking investment? The Supper Club Angels’ Tips to a Winning Pitch

    The Supper Club is the UK’s leading membership club exclusively for fast growth entrepreneurs of mid-sized businesses, encouraging business leaders to inspire, support and challenge each other in the pursuit of business growth. http://www.thesupperclub.com/

    By The Supper Club (UK) 

    Are you seeking investment?

    Raising money for SMEs and start-ups is not an easy job and one of the many challenges that entrepreneurs face. Angel investors can be a valuable option and source of funding, support and expertise.

    Our Investment Club runs twice a year, offering you the opportunity to raise investment via our panel of vetted and experienced entrepreneurs. With a combined turnover of around £150M our Supper Club Angels can offer expertise in a variety of sectors such as; technology, gaming, property, logistics and business services.

    In such a competitive environment, having the right information is your best tool. Here are our Supper Club Angels’ top tips on working up a winning pitch:

    Investors often look to invest in the people ahead of the business. Be confident, speak in plain English and ensure you come across as polished. Make sure you explain who your team is and why they are the right people to drive success.

    The scalability of your venture is what will appeal to investors so aim for an exciting but realistic outlook. Emphasise existing revenues and customers if you have them as these will give investors a lot of confidence. Be clear on the risks and how you will address them.

    State what your own personal investment in the venture has been or will be. Investors will not put money in if you haven’t put in some of your own cash and time. Investors will place a premium on you if you work in your venture full-time as this demonstrates your commitment.

    Keep your business plan short, around 2-3 pages, be concise, focus on what the reader needs to know and remove any fluff. The plan should explain clearly how you deliver value to your customers and extract value from them along with a realistic financial projection.

    Get to grips with the finances! Whoever you are pitching to will want to see that you have a very tight plan, know every future figure and know when you’ll see return etc. Avoid a hockey stick plan that relies on sudden massive growth – it won’t be believable.

    Investing in a business is never going to be something an Angel takes on lightly. Of course your pitch needs to reflect you and your business, but the recipe to success is based on your power to inspire confidence, reliability, passion, ability and integrity.

    Follow The Supper Club on Twitter for more great tips on growing your business @TheSupperClubUK

    October 06, 2014
    APP development Business Cape Town co-working Digital Entrepreneur Network Hot Desk Infographic Internet Shared Office Social media Start-up Uncategorized

    Settled in our new home!

    Happy Spring from our new home here at CTO. The move was quite painless and the reward simply awesome. What a space LEVR creations have given us. Light, airy and spacious with a beautiful shared kitchen that’s definitely big enough to swing more than a cat in, light and airy bathrooms and a meeting room big enough for 6 people comfortably.

    I’ll not bore you with too much text, let me rather show you!

    We have spaces open, so give me a shout & spread the word. R1,500 a month and that includes internet & meeting room.

    Have a great month folks.

    Lizelle

    3 Man Pod

    Renderheads Pod

    Looking to the entrance

    20140822_091733

    Great size desk with option for a shelving unit to right

    IMG_20140818_072737

    Desk with a view? Sunrise…

    IMG_20140818_070827

    Middle 4 Man pod

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    Lunch/Coffee bar counter area

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    Reception

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    Spacious communal kitchen

     

    Our entrance

    Our entrance

    Early morning light.

    Early morning light.

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    The Dudes

     

    September 01, 2014