E01: Guns and Tactics [Video]

“Only 2% of the companies survive the first 10 years.” So, how did Stefan manage to remain in business with Guns and Tactics (https://guns-tactics.co.za/), a firearms accessory manufacturer, for 11 years? To find out I interview Stefan, an enthusiastic and resilient entrepreneur in South Africa leading a successful business manufacturing high-quality firearms accessories and other related products.

Welcome to the Entrepreneurship Podcast Series! Our podcasts feature real entrepreneurs from South Africa and around the world with different backgrounds and at different stages of their entrepreneurial journey. Listen to their wisdom and experiences, and hopefully learn how to achieve better success with your business.

Simple, straightforward, and filled with great experiences and knowledge, we strive to provide you with high-quality podcasts to help you better your business or learn the ropes of entrepreneurship. Let’s learn from the industry veterans and grow together as entrepreneurs. Feel free to share your opinions and views in the comments. See you in the podcast.

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00:00 Introduction.
00:19 Who is Stefan?
01:11 A little about Stefan’s Businesses.
03:21 How big are his businesses?
04:54 The Importance of a Reliable Team.
08:20 For how long have you been running your business?
11:47 Overcoming the challenges
13:16 Initial Startup Costs
15:00 Key Milestone Achievement
18:57 An Insight to Stefan’s Background
21:45 The Covid-19 Impact
24:50 The Most Challenging thing in 2024
27:46 Advertising your Business
31:44 How’s the Future looking for the Business?
34:02 Work-life balance
37:17 Advise for starting a business in 2024
41:57 Closer