Archive for the ‘Entrepreneurship’ Category

Martin Sacks – Visualizing companies around the world

Monday, May 19th, 2008

Martin Sacks and HumanConcepts just announced the release of OrgPlus Enterprise Blueprint, further solidifying the company’s position as leading provider of workforce decision support software.

OrgPlus Enterprise Blueprint uses a Web 2.0 solution and allows executives and managers from across a company to collaborate on organizational changes and planning decisions.

Martin has been the CEO of HumanConcepts since founding the company in 2000. He had been a regular user of OrgPlus while serving as CEO of another software company and, liked the product so much that he acquired the technology and created HumanConcepts.

In an interview with Entrepreneur magazine Martin said he is convinced that the best way to create a great product is to build a development team that closely mimics the entrepreneurial environment of a startup company. “In a startup,” he was quoted as saying, “the founder answers support calls, talks to customers and immediately translates what he’s heard into features for the next release.” He feels most big software companies are uncomfortable with that model and suffer (or at the least, their customers suffer) because of it.

Based on HumanConcepts’ success with its OrgPlus line of organizational charting and workforce modeling solutions, he apparently practices what he preaches. OrgPlus can count 50,000 companies as customers, including Verizon, Kraft Foods, JCPenney and Best Buy, along with government entities and nonprofit outfits.

Blogger Thomas Otter, formerly with SAP and now with Gartner, sang the praises of OrgPlus on his site, especially the software’s integration features: “If a third party vendor does something better than we do,” he wrote, “we should embrace and help them…Connect them with our customers and deliver a better all-around solution.”

HumanConcepts is based in Sausalito, Calif., with offices in the United Kingdom and Germany.

Martin, who grew up in northern South Africa, holds finance and accounting degrees from the University of Witwatersrand in Johannesburg. He began his career as a management consultant with Ernst & Young, one of the largest professional services (taxes, assurance, auditing) firms in the world. While there, he gained an interest in business process improvement. In 1983 he founded software company Milan Systems and brought precision-design software TurboCAD to the United States. Milan was acquired in 1988 by IMSI, the maker of TurboCAD, and Martin became its director. In 1990 he became president and CEO of IMSI.

He is also a South African Chartered Accountant.

A few weeks ago HumanConcepts launched (in the United Kingdom) an online savings calculator, where human resources and other professionals can tabulate how much their organization can save by automating chart creation, improving employee communication, and speeding up data collection and workforce planning.

PS: This Martin is not Martin Sacks the Australian actor.

Mr SMS – Pieter de Villiers of Clickatell

Wednesday, April 30th, 2008

Seems like Pieter de Villiers is a good name for South African success stories. There’s the rugby player, the hurdler, the business consultant, and the IT whiz. De Villiers (the whiz) is the CEO of Clickatell, the first (and leading) global high-speed service provider of bulk SMS messages. Its 8,000 customers can connect in over 200 countries. (Company motto: “Any Message, Anywhere”) Clickatell allows a business to communicate with its customers, suppliers and staff using a variety of formats (fax, land-line phone, pager, IP connected devices, and of course, cell phone) through a technology that is easy to use. Pieter and three other businessmen founded the company in 2000 in South Africa. Since 2006 Clickatell’s headquarters have been in Redwood Shores, Calif., but it has an office in Cape Town and in the United Kingdom. Clickatell just announced that it was selected by several leading health care organizations to improve communication with their patients. The organizations are using Clickatell to deliver critical information by cell phone. For example, in the United Kingdom a user can text “stop smoking” into their cell phone, then receive relevant information on kicking the habit. In the United States, a Georgia-based health care company is using Clickatell to help doctors and patients interact. Hospital discharge instructions, delivered by cell phone, can be more readily complied with. Other doctor’s orders can also be delivered by cell phone. Pieter started his career in 1997 in the optometry field and has sales, new business management and product development experience. In 1999 he was hired by Micrologix to identify Internet opportunities and to manage the organization’s ecommerce. Pieter also participates in several forums including Wireless Internet Caucus, GSM Association, and Open Mobile Alliance. Information on Pieter’s personal life isn’t readily available but you may get a chance to meet Pieter and the Clickatell group if you are attending the African Banking Technology Conference in Lagos, Nigeria May 7&8, or the NACHA Payments 2008, being held in Las Vegas May 18-21. Clickatell is participating in both events. Clickatell also powers the messaging for the world assembly of 140 parliaments.

I am famous!

Monday, April 21st, 2008

OK, not really. Elance posted a nice article about the way I use Elance to source service providers for different projects. I recently contracted a design house to develop a new Wordpress template for me. You are viewing the end product. What do you think? Here is part of the Elance article:

Meet Carel Bekker, a technology expert, business consultant and Elance buyer, who left a corporate job to start his own strategy consulting firm, Beyond438. Beyond438 helps European and South African companies start business operations in the U.S.   

You can read the rest of the article here.

Most influential South African VC – Roelof Botha

Sunday, March 30th, 2008

Roelof Frederik Botha is a partner at Sequoia Capital, one of the most influential VC firms in the world. Sequoia has the highest rating on TheFunded website of 3.9. Here is his bio from the Sequoia website:

Roelof Botha is a venture capitalist at Sequoia Capital focusing on services and software investments. Prior to joining Sequoia Capital in 2003, Roelof served as the Chief Financial Officer of PayPal (EBAY). Earlier, he worked as a management consultant for McKinsey & Company. Roelof is a certified actuary (Fellow of the Faculty of Actuaries), and has a BS in Actuarial Science, Economics, and Statistics from the University of Cape Town and an MBA from the Stanford Graduate School of Business.                                     

Botha is the grandson of Pik Botha (not to be confused with PW Botha), South Africa’s former minister of foreign affairs. He was born in South Africa and completed his Actuarial Science degree at the University of Cape Town. Botha also graduated with an MBA from the Stanford Business School in 2000. He received 3 MBA awards including the Henry Ford II award for being the top scholar.

Elon Musk, then CEO of Paypal, hired Botha in 2001 and 7 months before Paypal’s IPO he became its CFO. After Paypal’s acquisition by eBay for a cool $1.5bn he joined Sequoia Capital. According to the Mercury News Botha is one of a few VCs to turn its first deal into a billion dollar deal. That’s exactly what Botha did with Sequoia’s small investment in YouTube in 2006. The following SiliconBeat Q&A with Botha provides insight regarding YouTube before the Google acquisition.Botha is #22 on the 2008 Forbes Midas List, moving up one position from 2007. The Midas List chronicles the top deal makers in the world. He is also listed as one of the PayPal Mafia in a 2007 Fortune article.

 Here is Kara Swisher’s July 2007 interview with Botha at the Sequioa’s offices on Sand Hill Road: 

Botha is involved in the following Sequoia investments:

Not a lot is known about Botha’s personal life. He is married and has two sons aged 2 and 5 years old. He likes to play chess. Here is his LinkedIn profile.

What do you want to be remembered for?

Tuesday, March 11th, 2008

I’m sure that you’ve noticed by now that I am a big fan of Guy Kawasaki. I really like his practical, let’s get it done attitude. His Art of the Start book is one of the best business books around.

Read it!

The last chapter of Guy’s book is on being a Mensch or “What do you want to be remembered for?” You can find a Guy’s post on this here and Joe McCarthy’s counter point here. Guy also contributes to Entrepreneur Magazine and in the March 2008 edition he writes about the same topic.

Here are his 5 ways:

    • Help people who cannot help you. A mensch helps people who cannot ever return the favor. He doesn’t care if the recipient is rich, famous, or powerful. This doesn’t mean that you shouldn’t help rich, famous, or powerful people (indeed, they may need the most help), but you shouldn’t help only rich, famous, and powerful people.
    • Help without the expectation of return. A mensch helps people without the expectation of return–at least in this life. What’s the payoff? Not that there has to be a payoff, but the payoff is the pure satisfaction of helping others. Nothing more, nothing less.
    • Help many people. Menschdom is a numbers game: you should help many people, so you don’t hide your generosity under a bushel. (Of course, not even a mensch can help everyone. To try to do so would mean failing to help anyone.)
    • Do the right thing the right way. A mensch always does the right thing the right way. She would never cop an attitude like, “We’re not as bad as Enron.” There is a bright, clear line between right and wrong, and a mensch never crosses that line.
    • Pay back society. A mensch realizes that he’s blessed. For example, entrepreneurs are blessed with vision and passion plus the ability to recruit, raise money, and change the world. These blessings come with the obligation to pay back society. The baseline is that we owe something to society–we’re not a doing a favor by paying back society.

      It’s the end of your life…what do you want to be remembered for?

      Hasso Plattner (ex-SAP CEO) Ventures launches $45mm VC fund in South Africa

      Friday, February 22nd, 2008

      I’ve mentioned Hasso Plattner a number of times in my blog. He is the colorful co-founder and former CEO of SAP AG. He is also the father of SAP’s client-server 3-tiered product called R/3.

      This week Hasso Plattner launch HP Ventures Africa (Hasso Plattner — not to be confused with Hewlett Packard) in Cape Town, South Africa. Vendorprisey mentioned it in his blog. HPV is also active in Europe. Jeff Nolan used to work for SAP Ventures and he had blogged about his first meeting with Hasso Plattner.

      I quote from this week’s BusinessWeek article:

      Hasso Plattner Ventures Africa will be targeted mainly at companies in telecom, mobile applications, media, software, renewable energy, and energy-saving technologies.

      and from the SAgoodnews.co.za website:

      A new R350 million venture capital fund has been launched to give innovators in South Africa a leg up into the global technology arena.The Hasso Plattner Ventures Africa, named after the co-founder of software giant SAP, aims to invest in and manage a portfolio of investments that have a unique innovative offering either based on the business model, product offering or underlying technology.

      Focusing predominantly on activities in South Africa and later in other emerging African markets, the technology investments will concentrate on telecommunications, mobile applications, media and software as well as clean technology investments such as renewable energy, energy-saving concepts and similar business segments in early stages of their development.

      Hasso Plattner Ventures Africa aims to identify companies that have the potential to succeed on an international level and will provide access to an international network of leading companies, venture capital firms and institutions in the technology arena, according to Andrea Böhmert, who is going to head the fund.

      “In the past SA technology companies have found it almost impossible to get funding from international groups outside of South Africa,” said Böhmert.

      “All start up businesses know, that it is extremely important not only to get investment funding but also assistance in accessing global markets. This is where our fund can score. Prof. Plattner and co-funders MAN Ferrostaal will be able to `open doors´ for start ups that would never be accessible otherwise across the IT industry as well as in the industrial solutions sector.”

      C|Net talks about the fund’s Green focus.

      And finally you can click here, to submit a proposal to the Hasso Plattner Ventures Africa Fund. Good luck!

      100 Ways to Succeed and Make Money

      Friday, February 8th, 2008

      Tom Peters is always interesting and unconventional. I found his 100 ways to succeed and make money and interesting read. It’s similar to Dale Carnegie’s “How to Win Friends and Influence People” .

      Here are some of my favorites:

      • Number #3: Write thank you notes.
      • Number #4: Make the difficult call NOW!
      • Number #6: Make today count — legacy. Similar to my principle of making each moment count.
      • Number #14: Read (and act on) these 3 books. You’ll have to read the manifesto to find out.
      • Number #17: He/She who has the Best Story wins!
      • Number #23: Design means you.
      • Number #29: Get the story! – everyone is important and has a story.
      • Number #33: Out-read ‘em.
      • Number #47: Just drill – drill more wells than the next guy.

      This is from the first 50 found on ChangeThis.com. I’ll list my favorites from the rest next…
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      Global South Africans project

      Thursday, January 24th, 2008

      The Global South Africans (GSA) project recently launched their website. Quoted from the Welcome page:

      GSA is a growing network of talented and successful South Africans who live abroad but still feel deeply attached to the country and want to contribute to the country’s growth and success.

      The initiative is being spearheaded by the International Marketing Council of South Africa, a public-private partnership dedicated to increasing global support for South Africa’s young democracy and for the continent of which South Africa is a part.

      There is a supply and a demand side to the GSA project. On the supply side, the idea is to empower network members to contribute in ways that suit their talents and desired level of engagement. On the demand side, we are marketing GSA as resource to South Africans who could benefit from the extraordinary range knowledge and connections the network represents.

      In coming months, we will be launching a more formal website. In the interim, we will use this blog to talk about how things are progressing, stimulate discussion and linkages and, we hope, generate a growing list of network contributions.

      A word about that word contributions. GSA isn’t about passing the tin cup. As we hope this blog will elucidate, it’s about knowledge transfer.

      Vinny Lingham – CEO of Synthasite

      Monday, December 10th, 2007

      Synthasite

      Recently Vinny Lingham stepped down from his post as chief strategy officer of IncuBeta, the online marketing company he co-founded, to concentrate on the interests of his venture capital company, Lingham Capital and more specifically on Synthasite. Lingham, along with his wife, Charlene, and a couple of friends started IncuBeta in 2003 and have grown the Cape Town company into a 50-employee operation with offices in the United Kingdom and United States. IncuBeta owns and manages several businesses, namely Clicks2Customers, a performance search marketing partner; SEM agency Quirk, ReveNews, and CostPerNews.

       

      Another IncuBeta startup company, Synthasite, is now one of the primary investments of his venture capital enterprise, Lingham Capital, and one of the primary targets of Lingham’s attention. Synthasite recently received another round of financing worth $5mm.

       

      Lingham is a mix of youthful energy and idealism, hard work, brains and national pride. He’s 28, works 60-70 hours a week, is a member of the Mensa organization, and loves South Africa.

       

      Raised in East London, a city on the east coast of South Africa, Lingham received an information systems degree from the University of Cape Town and (Vinny corrected me: he dropped out because he didn’t have the finances to continue. I wouldn’t be surprised if he gets an honorary degree from UCT) an honors degree in electronic commerce from the University of South Africa. He is a fourth generation South African with ancestors from India. He loves to read, especially novels by Dan Brown and Tom Clancy, and is a movie fan. He considers Virgin founder Richard Bransen and U2 lead singer Bono personal role models. (He admires Bransen for his passion and fun, and Bono for his work for Africa.) In 2006 Lingham was the winner of the Top Young IT Entrepreneur in Africa Award. He is also listed in South Africa’s who’s who database.

       

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      Just-in-time (JIT) training for entrepreneurs

      Wednesday, October 24th, 2007

      I think that the exponential increase of on-demand video (youtube.com, Yahoo! video) will allow entrepreneurs to learn on-the-fly from some incredible sources. The problem with Youtube is that it takes time to find quality videos, like this Sellingpower interview of SAP Americas CEO, Bill McDermont.The Stanford’s Educations Corner is an entrepreneur’s best friend. It contains wisdom, knowledge, tried-and-tested experience from very well-known and experienced business people like John Doerr (Kerner Perkins), Carly Fiorina (former HP CEO), and Guy Kawasaki (Garage Ventures). This month’s Futurist click-of-the-month is SciVee.tv. This is a great example of a site aggregating some quality videos.

      We expect to disseminate science to the widest possible audience, thereby bringing the YouTube generation–who are the next generation of leading scientists–the best science using a medium they have adopted and use on a daily basis,” says University of California, San Diego, pharmacy professor Phillip E. Bourne, one of the directors of the SciVee project.

      Apple’s iTunes now contains a section called uTunes. uTunes contains audio lectures from prominent universities like MIT, Stanford, Duke and Berkley.Another interesting site is slideshare.net. On this site you’ll find lots of very well articulated business presentations. Again, you’ll have to search a little to get gems like this one:

      View on SlideShare

      Which sites do you use for your JIT training?