Before you get stuck into the recipe, test your skills in this supa quick 10-step assessment below. Then, try again at the end to see your improvement.
Click below to begin the assessment.
Question 1 of 10
What is the South African mindset that Alex loves?
"Out of sight, out of mind."
"What can we do to avoid this problem? How can we stall until it gets fixed by someone else?"
"Okay, so how do we get around this? How do we make this product? How do we change something?"
Question 2 of 10
What is Capitalise's whole premise?
Trying to provide capital for businesses through taking loans from the bank.
Trying to mesh the lenders and the businesses that need money.
They believe that capital should be provided by the government for free.
Question 3 of 10
What was the original pillar of why Capitalise was founded?
It was a Greek Corinthian pillar which kept the roof from collapsing in.
It was about ensuring that the Capitalise employees had enough money to start their own businesses.
It was about giving accounting firms the tools to better educate themselves.
Question 4 of 10
In Alex's opinion, what is Heavy Chef a great example of?
Business owners working better because they are with other business owners.
A community where entrepreneurs can converse on dietary plans.
A platform where its creator can showcase his favorite braai techniques.
Question 5 of 10
How does Capitalise want to empower businesses?
With electricity.
With manageable borrowing that will actually enhance that business' offering and drive the growth in that business.
With just enough borrowing to keep them attached to their business plan.
Question 6 of 10
Alex identifies a challenge which small businesses go through, what is it?
They have trouble creating a trendy brand.
They cannot find enough employees to hire.
The first funding offer that gets put on the table is the one that they take because they need it quickly.
Question 7 of 10
What does everyone want, according to Alex?
Large sums of money.
Perfect loans.
Spotify premium.
Question 8 of 10
In South Africa over the last four years, by how much has cloud accounting adoption increased?
It has more than doubled.
The numbers haven't been released yet.
It stayed the same.
Question 9 of 10
What is the human element in Capitalise?
They whole company works under one roof, so everyone can communicate efficiently.
Over the phone, they talk to you and understand your business.
An external business is hired to write a personal brand tagline.
Question 10 of 10
What key piece of advice does Alex give on funding requests?
Unavoidable though it may be at times, avoid leaving your funding requests to the last minute.
Ensure that you request the exact amount needed, to the cent, so that it's easier to pay back.
Post about it on Instagram so that the lender is more likely to grant your request.