Thursday 30 August 2007

Plow around the stump

I have just returned from a trip to SA, with a few days in Mauritius en route home. It's fascinating to look at the country from the perspective of a 'tourist', and to see where the stresses are.

The good news: not a great deal has changed. The bad news: everybody I met seems so stressed that they go out of their way to find vexatious issues to attack.

We get so focused on the mouse that we lose sight of the elephant. As a business owner, an economic being, your task is to make as much profit as you can with the least effort. And if anything gets in your way, your task is to shrug it off and move on. Your task is not to try and convince this errant being/corporation of the error of their ways, and to bludgeon them into submitting to your will. Simply move on.

Of course it's a little vexing when you don't get your own way, but it's also the universe's way of suggesting another path, if only you will step back from whacking this poor problem/person.

So if FNB/ Nedbank/ Standard Bank/ ABSA want to charge you blood for the privilege of exchanging your offshore/Internet earned dollars/ pounds/ Kuwaiti dinar/ Thai baht/ Japanese sushi, then you face a few choices:
  • Stop trying and give up;
  • waste a lot of time and effort forcing the issue, and do yourself and your family a conniption in the process;
  • open an account at another bank/branch of FNB/ Nedbank/ Standard Bank/ ABSA;
  • or open an account with LloydsTSB/ Barclays/ HSBC anywhere in the world (or any other bank that you fancy anywhere in the world).
(The above problem will not occur in any jurisdiction where they do not have Exchange Control, a particular vexation for small business owners in South Africa.)

A farmer with a humongous stump in the middle of his primary field does not refuse to plant corn because the stump won't come out, nor does he spend 5 valuable days attacking the stump with his spade. He plows around it and gets on with his day. That could explain why he is so much more relaxed than the rest of us!

It's all a game. At least that's what we tell our children when they puff up with self-righteous indignation. When did we forget that en route to adulthood?

About this blog...

In March 2004 I set up the Business Warrior community - an online community of South African small business owners. They give me a unique insight into the challenges small businesses face coming to grips with a changing environment. The problems they face are the same as anywhere else (cash flow, marketing, sales, staffing, banks, taxes, and the whole litany) compounded with high crime levels and a very interesting political situation. My role is to research trends and challenges, and come up with useful and effective solutions for 1500 business owners.