9 minute read

TEG UNEARTHING VALUE

TEG UNEARTHING VALUE

Business leaders of the future need more than funding; they need skills, know-how, grooming and confidence. That is what TEG provides.

What is Enterprise Supplier Development (ESD)? The national Broad-Based Black Economic Empowerment (B-BBEE) initiative provides a legislative framework for the development of historically disadvantaged companies. Helping people establish, expand or improve their businesses leads to long-term economic growth and job creation. TEG helps companies to meet their obligations while investing in the sustainable future of the South African people and economy.

DISCOVERING REAL GEMS

We nurture enterprises to a higher level of maturity so that they are able to participate in the economy in a meaningful way. Our ESD 360™ methodology is a local, homegrown business development system that delivers tangible outcomes to grow markets that will elevate the community.

Through partnerships with funders, we create and run customised business development programmes across a variety of sectors.

There is so much undiscovered wealth in our land and if we hope to see this benefiting more people, we have to work together. Partnering with TEG means unearthing true value that lasts.

GREAT RESULTS SPEAK FOR THEMSELVES

With 15 years’ experience in project management and business consultancy, my passion is to ensure that big business ventures make a positive impact in the communities where they operate.

We help our clients advance their B-BBEE scores by going beyond mere compliance. We particularly pride ourselves on cultural sensitivity, adaptability, and the ability to provide practical business solutions.

Our programmes take the needs of each specific company into account to tailor a personalised development plan. In this way we nurture a diversified and inclusive supply chain that benefits all involved. We ensure that funders can demonstrate their commitment to the spirit of B-BBEE by providing a genuine hand-up and not a hand-out to communities.

THE VALUE OF PARTNERSHIP

We choose our partners carefully from companies that are serious about generating meaningful change. By stimulating local economies, we help our clients create a legacy whilst opening up the markets. Our practices are based on mutual growth and win-win results. We would love to work with you.

TSHEGETSANG SEBEELA CEO & FOUNDER, TEG

When the company I worked for closed in 2010, I embraced the opportunity to follow my dream of launching my own business consultancy firm. I have a passion for business development and relished the chance to assist other enterprises to grow. Through this rewarding experience, I realised that everyone should have the opportunity to reach their dreams as I did. I now use myLevel 1 – 100% Black Woman Owned company as a force multiplier to make that a reality through Enterprise and Supplier Development (ESD).

“ADVANCING B-BBEE SCORECARDS BEYOND COMPLIANCE”

Company Details#1 SIOC Building Hendrick van Eck/Ian Flemming Kathu, Northern Cape, 8446

082 409 6409

team@teg.za.com

www.teg.za.com

ENTERPRISE SUPPLIER DEVELOPMENT

Translate scorecard compliance into bottom-line results by working with TEG management consultants. We achieve measurable value for programme funders that goes beyond compliance and donations. Our 15 years in the game speaks to our success and exemplary track record in the field of Enterprise Supplier Development.

BENEFIT FROM OUR PROGRAMMES IN:

Enterprise Supplier Development Development Fund Management Women in Leadership Youth Entrepreneur Programme

Our programmes are designed to marry the needs of the local economy and the community with that of the funder through sustainable growth of SMEs. Let’s get together for practical solutions that create lasting change and unearth new value.

Unearthing Valuewww.teg.za.com

TEG JOURNEYS

Alleschia (Manufacturer) “I bought a beverage business but little did I know, it was failing. I feared that I had made a terrible mistake and it would haunt me every night. I started my business from washing clothes and felt that now I was in over my head. The programme came at the right time in my life. At first I thought that money would solve the problems in the business, but it was knowing how to sell that changed things. We were averaging R14,000 pm month and we are now above R100,000 and the market is much bigger than we thought. Today, I can say I don’t regret buying this business.”

Matsidisho (Agri Logistics) “I always had a truck but it was just standing there, things have been hard. It has just been me alone holding on. Now I have regular customers that are calling me to deliver their livestock to auctions and I can boast that I have a positive bank balance. Enough that I have my first employee, now I am a real boss ”

Kealeboga (Biodiesel Producer) “My dream for biodiesel was almost 6 years old. The minute I joined the programme there was excellence, I was welcomed well and got encouragement from the interview. I was pushed immediately from the interview to go and visit my idea again. We knocked on so many doors which did not happen. This was such a breakthrough. Today I have my own plant that converts used cooking oil into diesel. We were able to develop a market with the farmers in the community where I grew up.”

Delvin (Driving School) “I have mostly been training Code 8 and 10 drivers for nearly a decade. My income was ok, nothing exciting, it was enough to pay my staff – but not every month. This programme got to me change my relationship with my business, it pushed me out of the car, onto the phone and into the light. We now are fully booked and I need to get more vehicles and instructors to keep up with the demand. I am now going to give advanced driver training and will be expanding into Code 14 training too.”

These journeys are from a custom made programme which was such a success thatour client has called us back to do it all over again. If your organization is looking torun an enterprise supplier development initiative give us a call. www.teg.za.com

Kedumetse (Farming) “The journey wasn’t easy, I started with some chickens at home so I was confident in my experience. We were able to secure a lease for farm land and constructed a coup with a capacity of 1000 birds. But when the supplier made a mistake by delivery both batches of day old chicks at once, things got hectic. It was winter, so there was a high rate of mortality. I began to doubt the plan, but we push through – all my birds are sold and the next batch is on its way. We tested various exit points in the value chain starting from incubation all the way to slaughtered products and layers. We finally found our niche market and I am the only company selling day old chicks to farmers in this district, before our farmers had to travel to the next province for their chicks. I am the local chicks chick”

Lydia (Catering) “Before the programme I was very very shy and lacked confidence. My income depended on one government customer, sometimes they would call me and I would do an event then I would sit at home and wait for their next call. At first I wanted to use the funds to improve my restaurant at home, but TEG challenged me to get out of my comfort zone and change the business into a mobile kitchen. Now I am happy to say that I have new customers and I can move my service to wherever the opportunities are, I might still be a little shy but I am not afraid to sell.”

Thato (Beautician) “If it was not for the consulting process, I would have not had the idea to upgrade my facility and to add on two new high value services. My plan was simply to buy stock, but the guidance I received on which direction to go was so important. I can see the result of the investment and my customers are impressed with the experience, with referrals coming from 2-hours’ drive just to see me. My turnover was on average less than R2000 a month, last month we reported R36,000 in sales. I am fully booked until the end of the year and had to employ two new ladies to help me. We are saving up to extend the building.”

Destiny (Auto Mechanic) “Our workshop was at my backyard at home ever since we started. The TEG team wanted me to move to a proper workshop but the only one available costed R23,300 per month and this was too much for me. Why should I move and pay rent when it is free at home. I did not want to move, but they encouraged me to take the chance. Last year my monthly average sales was around R80,000 and in last month we had the highest figure in our history over R170,000. Now I can pay my staff properly and afford the improvements needed to register with RMI to open up access to corporate clientele not just private customers.”

Beauty (Salon) “My salon was always operating from home. I wouldn’t be here if it wasn’t for these guys, they have been grooming and building us. Making sure that we are doing things right by challenging our vision of what we can do. I now have a shop in a prime location at the mall, my sales are unbelievable and I had to employ 4 new ladies, I’m looking at opening up another branch and have my own branded products.”

Nosimpine (B&B) “My company was doing odd jobs on construction, but the opportunities were scarce. When the team visited, we decided that there was potential for a B&B, we now have 13 long term tenants from contractors who work on the mines and I need more space to cope. My revenue, it has changed a lot! I can look after my family properly and leave them with something.”

This article is from: