Crisis tips from SA’s ‘old toppie’ business pioneers
If it was easy, everyone would have a business empire. It’s not – that’s why the rest of us need to pay attention
The death of Marc Wainer this week got me thinking about how much we can learn from older people, if only we take the time to listen.
Wainer, who was 71, founded Redefine, one of SA’s most successful property companies. He had no formal education beyond matric, but was a fast learner and instinctive dealmaker, who learnt the basics of cash flow, profit margins, work ethic and dealing with landlords while working in the family fish shop in Yeoville...