WealthWise magazine www.wealthwisemag.com
Vol II/No. 14 FREE
South Africa/Africa region
Aug/Sep 2012
at networking budgeting property investing The Power of Being Rich Master Your Thoughts Growth versus Value Investing Manage Customer Perceptions
Celebrate Women's Month!
Contents
August/September 201 2 CareerWise
Coverstory
50 What Coaching?
8 From Good to Great
LifeWise
18 The Power to Be Rich 24 Start Thinking 足 Interview with Dr. John Tibane
MoneyWise 29 Growth Investing?
or
Value
32 How to benefit from economic gloom 38 What is UCITS?
BusinessWise
40 How to manage customer perceptions 44 Profile Entrepreneur: Camacho
of
an Pedro
48 The Key to Business Continuity
52 Focus Motivation
is
on
WealthWise magazine Shadow
Employee
Agenda Lifestyle
56 SA Businessman tackles Mongolian Derby 60 Journeys Feminine 足 A Unfolding 64 Book reviews 67 Competition 68 Events
Regulars 3 Contents
4 ForeWord 5 Get in touch 6 Contributors 71 In next edition
of the Bahamian
Publisher
REO Media Solutions
Managing Editor
Denisa Oosthuizen denisa@wealthwisemag.co.za
Editorial
editor@wealthwisemag.co.za
Sales and Marketing Advertising
sales@wealthwisemag.co.za
Graphic Design
REO Media Solutions
Layout:
Niall Brown
Cover: dreamstime.com Photos:
dreamstime.com and contributors' photos
Web
www.wealthwisemag.com www.wealthwisemag.co.za
Copyright
Should you wish to make use of any of the content displayed please contact us at editor@wealthwisemag.co.za. WealthWise magazine 3
ForeWord
Discover Your Greatness
C
ontinuous self development and selfimprovement is one of the cornerstones of WealthWise magazine’s mission to enrich African people’s lives. There is so much potential in all of us beyond the mere “good” or, worse, “average”. We were created to achieve greatness, to become the best we can possibly be.
economic gloom). If you’re in business, this month’s focus is on customer perception, employee motivation and business continuity.
In this edition, we focus on greatness and how you can improve certain aspects of your life. We show you how to network more efficient and how to draw a budget in our cover story. For investors, we have valuable advice on property investing and global markets (looking beyond the
Facebook: WealthWise We hope that our publication magazine will inspire you to make every day, longlasting changes to a Twitter: @WealthWisemag wealthier future. LinkedIn: Wishing you all the best, www.linkedin.com/company /wealthwisemagazine Denisa Oosthuizen Managing Editor Web: www.wealthwisemag.com
4 WealthWise magazine
Ladies, August is Women’s month and if you’re looking on a lifechanging experience, read more about the Journey of the Feminine and give yourself the greatest gift – a trip to the Bahamas, surrounded by beautiful and strong women.
How to reach us Email: denisa@wealthwisemag.c o.za editor@wealthwisemag.co .za Mobile: +27(0)82 819 2820 +27(0)81 326 1579 Skype: denisa.oosthuizen
www.flavourcard.co.za
Contributors
Andre G Smal
is a South African exgraphic designer turned life coach. André spent 20 years studying mind dynamics to satisfy his insatiable appetite for better understanding of the power of the subconscious mind. He realized many dreams: growing and stabilizing his business income and, in general, living an abundant lifestyle.
Read an excerpt of Andre's book, "The Power of Being Rich" in LifeWise section, page 18.
6 WealthWise magazine
Andrew Dittberner
is Senior Investment Manager at Cannon Asset Management and portfolio manager of the Cannon Flexible Fund. Cannon Asset Managers is a niche investment management company based on the philosophy and principles of value investing as an investment management approach. Read Andrew's article about growth versus value investing in MoneyWise section, page
29.
Dr. Adrian Saville is CIO of Cannon Asset Managers. He hold s a Visiting
Professorship in Economics and Finance at the Gordon Institute 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 from the current economic gloom, marketswise, from Adrian's feature in MoneyWise section, page 32.
Contributors
Andrew
Morton
is Managing Consultant at The HR Hub, South Africa’s first HR Service Centre, offering a number of HR products and services under one roof, covering the complete HR spectrum. Read Andrew's feature about shadow coaching in CareerWise section, page 50.
Hendrien van Zyl
is learning solutions consultant at Optima Training. She has over 25 Years experience in education, training and development, including design, development, facilitation, coaching, and management of training projects in various industries. Read Hendrien's article about managing customer perceptions in BusinessWise section, page 40.
Marilyn
Ramplin
is CEO of Hedge Fund Academy in South Africa. Marilyn has almost 15 years of hedge fund, risk management and OTC derivatives experience. Marilyn is a top rated international speaker and has been an advisor to European and UK regulators on issues such as the AIFM Directive, UCITS, Risk Management, OTC derivatives and Governance. She has provided training on these topics in the US, Western Europe, Scandinavia, UK and South Africa. Read Marilyn's article on UCITS in MoneyWise section, page 38. WealthWise magazine 7
How to Become Great at...
CoverStory
...Networking
W
hy is networking so important these days? If you are a frequent networker, you will probably expect to capitalize on your interactions and build extensive, fruitful and highly profitable relationships how do you make networking work for you? If you are in business, whether a business professional, employee or entrepreneur, it is important to maximize your net worth through increasing your networking efforts.
“It is not just what we know in life that matters, it is very much about whom we know and the quality of these relationships. The more people we have access to, the better our business opportunities”, says author, coach and entrepreneur Dr.
Renate Volpe, founder and CEO of Dr. R Volpe Leadership Consulting and author of “Master the Art of Networking”. Networking is, essentially, a process of building mutually beneficial relationships. Neszette Wilson, an Independent Certified coach, teacher and speaker of the John Maxwell Team in South Africa, describes networking as an arrangement of people crossed at regular intervals by other people, all of whom are cultivating mutually beneficial relationships. Most networkers know that in order to build relationships, they have to get out there and expose themselves to people, tell them what business they do and see how they would
both benefit from a business relationship. It is important to not just get out there at random events, but have a networking plan in place and network at regular intervals in various circles that meet our expectations. Effective networking is not a random event with overnight results. How much time do you actually spend networking? In a leadership study conducted by Fortune 500 companies in the United States and mentioned by D. Volpe in her networking book, efficient leaders spent 11% of their time networking, whereas successful leaders spent as much as 48% of their time networking. Spending great amounts of time networking is only productive if done correctly. WealthWise magazine 9
Subscribe for free to read the full digital magazine! www.wealthwisemag.com/wealthwi se/subscribe or click Subscribe and automatically receive the full digital version and e-newsletter! Need help? Call +27(0)82 819 2820 or email admin@wealthwisemag.co.za