It’s a wonderful moment of elation and one to really treasure, but I am of the opinion that our nation has matured way beyond being dependent on symbolic moments of hope.
The fact that you sincerely ask the question at 33 is the most important starting point in securing your family’s financial freedom. You’ll be surprised how many talented people from your peer group argue that ‘earning a lot of money’ is in itself a ticket to retirement, or how many of them simply ignore the question.
Big move, expanding your circle of concern from ‘getting a job done’ to ‘achieving numerous goals through others’!
Great leaders are essentially good at one thing; aligning the individual aspirations of people with the vision of their organisation. Your primary challenge as leader will therefore be to consistently eliminate any form of serious disconnect between the goals of individuals and the goals of the business, and so unify energy.
First, well done; you have actually completed one of the most difficult phases of a business. That is converting a basic idea into a real revenue stream. And, of course, backing yourself by breaking with your previous life, undertaking risk, and mobilising the resources to finance it. Most business plans never reach this stage and remain idling jets at the start of the runway, never taking off because of "fear of risk".
You needn’t be in a rush.
The uptick in interest rates of the last 12 months is only but starting to rub off on the property market. This lagged effect of more expensive credit on house prices is due to continue over the next 18 months.
What you experience firsthand is a crude call for assistance from an economy that has grown out of its immediately employable skills base!
No choice in life is good or bad in its own right. To have children, to not have any, to stay home with them, to go back to work…all of them are choices based on their own sets of merit.
It’s a question you can approach from various boetie-maak-vir-baba-bang South African angles. I prefer the perspective of simple economic realism.
Indications are that South Africa’s annual economic growth rate has found its sweet spot between 4.5% and 5.5%, for the time being in any case. This is a rate of economic expansion that is roughly three times higher than the growth trend of some 12 years ago.
I feel for you! Starting a business is indeed one of the scariest places on earth. As you might have realized, the three biggest enemies of a start-up entrepreneur are
- the professional doomsayers and conventional ‘sages’, giving you strings of convincing reasons why it won’t work,
I would argue that emigration is the last of the three most important decisions you’ll ever have to make in life. The first being deciding upon a life partner and the second, assuming the responsibility of raising a child.