The more you drive positive change, the more enhanced your business model.

You change your business plan to anticipate and adapt to changes in the marketplace.

For entrepreneurs, choosing your co-founders is like a professional marriage. You're going to go through tough times, and you need to remember that ideas can change, but business partners can't.

I have realized that the taste of the viewer can constantly change. So you need to sniff out the need for change. Constantly restructuring your own business to cater to changing taste is imperative.

I've heard people say South Africans are arrogant, that they act no differently from their colonial masters. That needs to change. It's in your business interest as an entrepreneur to form meaningful partnerships. That's how you do well for your shareholders.

As far as the banking industry is concerned - and I am sure it must be true for various industries as well - is that the only thing that is constant is change. Your business models are changing, the customer demands are changing and the regulations are changing constantly.

The whole concept behind 'Forty Chances' is really a mindset: If everybody thought they had to put themselves out of business in 40 years, you had 40 chances to succeed in what your primary goals are, you would probably be more urgent and you would be forced to change quicker.

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