preview wealthwise magazine august-september 2012
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WealthWise magazine is your guide to wealth creation and wealth management in Africa. Subscribe today for free at www.wealthwisemag.comTRANSCRIPT
WealthWisemagazineSouth Africa/Africa region
Aug/Sep 2012Vol II/No. 14FREE
at networkingbudgetingproperty investing
www.wealthwisemag.com
Celebrate Women's Month!
The Power of Being RichMasterYour ThoughtsGrowth versusValue InvestingManage Customer Perceptions
August/September 201 2
Contents
Coverstory8 From Good to Great
LifeWise18 The Power to Be Rich24 Start Thinking Interview with Dr. JohnTibane
MoneyWise29 Growth or ValueInvesting?32 How to benefit fromeconomic gloom38 What is UCITS?
BusinessWise40 How to managecustomer perceptions44 Profile of anEntrepreneur: PedroCamacho48 The Key to BusinessContinuity
CareerWise50 What is ShadowCoaching?52 Focus on EmployeeMotivation
Agenda Lifestyle56 SA Businessmantackles Mongolian Derby60 Journeys of theFeminine A BahamianUnfolding64 Book reviews67 Competition68 Events
Regulars3 Contents4 ForeWord5 Get in touch6 Contributors71 In next edition
WealthWise magazinePublisherREO Media SolutionsManaging EditorDenisa [email protected]@wealthwisemag.co.zaSales and [email protected] DesignREO Media SolutionsLayout: N ial l Brown
Cover: dreamstime.comPhotos: dreamstime.comand contributors' photosWebwww.wealthwisemag.com
www.wealthwisemag.co. za
CopyrightShould you wish to make useof any of the contentdisplayed please contact us [email protected].
WealthWise magazine 3
Discover Your Greatness
ForeWord
ontinuous selfdevelopment andselfimprovement isone of the
cornerstones of WealthWisemagazine’s mission to enrichAfrican people’s lives. There isso much potential in all of usbeyond the mere “good” or,worse, “average”. We werecreated to achieve greatness,to become the best we canpossibly be.In this edition, we focus ongreatness and how you canimprovecertainaspectsofyour We hope that our publication
will inspire you to make everyday, longlasting changes to awealthier future.Wishing you all the best,Denisa OosthuizenManaging Editor
C
4 WealthWise magazine
life. We show you how tonetwork more efficient andhow to draw a budget in ourcover story. For investors, wehave valuable advice onproperty investing and globalmarkets (looking beyond the
economic gloom). If you’re inbusiness, this month’s focus ison customer perception,employee motivation andbusiness continuity.Ladies, August is Women’smonth and if you’re looking ona lifechanging experience,read more about the Journeyof the Feminine and giveyourself the greatest gift – atrip to the Bahamas,surrounded by beautiful andstrong women.
How to reach us
Email:[email protected]@wealthwisemag.co.zaMobile: +27(0)82 819 2820
+27(0)81 326 1579Skype: denisa.oosthuizenFacebook: WealthWisemagazineTwitter: @WealthWisemagLinkedIn:www.linkedin.com/company/wealthwisemagazineWeb:www.wealthwisemag.com
www.flavourcard.co.za
Andre G Smal is a SouthAfrican exgraphic designerturned life coach. Andréspent 20 years studying minddynamics to satisfy hisinsatiable appetite for betterunderstanding of the powerof the subconscious mind. Herealized many dreams:growing and stabilizing hisbusiness income and, ingeneral, living an abundantlifestyle.Read an excerpt of Andre'sbook, "The Power of BeingRich" in LifeWise section,page 18.
Andrew Dittberner isSenior Investment Managerat Cannon Asset Managementand portfolio manager of theCannon Flexible Fund.Cannon Asset Managers is aniche investmentmanagement company basedon the philosophy andprinciples of value investingas an investmentmanagement approach.Read Andrew's article aboutgrowth versus value investingin MoneyWise section, page29.
Dr. Adrian Saville isCI O of Cannon Asset Managers.
H e holds a Visiting
Professorship in Economics
and Finance at the Gordon
I nstitute of Business Science.
Cannon Asset Managers is a
niche investment management
company, based on the
philosophy and principles of
value investing.
Find out how to benefit fromthe current economic gloom,marketswise, from Adrian'sfeature in MoneyWisesection, page 32.
Contributors
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Andrew Morton isManaging Consultant at TheHR Hub, South Africa’s firstHR Service Centre, offering anumber of HR products andservices under one roof,covering the complete HRspectrum.Read Andrew's feature aboutshadow coaching inCareerWise section, page50.
Hendrien van Zyl islearning solutions consultantat Optima Training. She hasover 25 Years experience ineducation, training anddevelopment, includingdesign, development,facilitation, coaching, andmanagement of trainingprojects in various industries.Read Hendrien's article aboutmanaging customerperceptions in BusinessWisesection, page 40.
Marilyn Ramplin isCEO of Hedge Fund Academyin South Africa. Marilyn hasalmost 15 years of hedgefund, risk management andOTC derivatives experience.Marilyn is a top ratedinternational speaker and hasbeen an advisor to Europeanand UK regulators on issuessuch as the AIFM Directive,UCITS, Risk Management,OTC derivatives andGovernance. She hasprovided training on thesetopics in the US, WesternEurope, Scandinavia, UK andSouth Africa.Read Marilyn's article onUCITS in MoneyWisesection, page 38.
Contributors
WealthWise magazine 7
How to BecomeGreat at...
CoverStory
hy is networkingso important thesedays? If you are afrequent
networker, you will probablyexpect to capitalize on yourinteractions and buildextensive, fruitful and highlyprofitable relationships how do you makenetworking work for you?If you are in business,whether a businessprofessional, employee orentrepreneur, it is importantto maximize your net worththrough increasing yournetworking efforts.
Most networkers know thatin order to buildrelationships, they have toget out there and exposethemselves to people, tellthem what business they doand see how they would
both benefit from a businessrelationship. It is importantto not just get out there atrandom events, but have anetworking plan in place andnetwork at regular intervalsin various circles that meetour expectations. Effectivenetworking is not a randomevent with overnight results.How much time do youactually spend networking?In a leadership studyconducted by Fortune 500companies in the UnitedStates and mentioned by D.Volpe in her networkingbook, efficient leaders spent11% of their timenetworking, whereassuccessful leaders spent asmuch as 48% of their timenetworking.Spending great amounts oftime networking is onlyproductive if done correctly.
W
“It is not just what we knowin life that matters, it is verymuch about whom we knowand the quality of theserelationships. The morepeople we have access to,the better our businessopportunities”, says author,coach and entrepreneur Dr.
Renate Volpe, founder andCEO of Dr. R VolpeLeadership Consulting andauthor of “Master the Art ofNetworking”.Networking is, essentially, aprocess of building mutuallybeneficial relationships.Neszette Wilson, anIndependent Certifiedcoach, teacher and speakerof the John Maxwell Team inSouth Africa, describesnetworking as anarrangement of peoplecrossed at regular intervalsby other people, all of whomare cultivating mutuallybeneficial relationships.
...Networking
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