Share

Beating the fly-by-night stigma

A Fin24 user says he wants to build a health empire, despite facing financial hurdles and having to beat the fly-by-night stigma. He writes:

I run a medical supplies, consumables and disposables company called C1st Light EMS that I started in 2008.

I plan to one day grow my business into a multimillion rand company. I have a vision of having an all in one company that will boast a clinic, eye care, medical supplies, as well as an ambulance company.

However, truth be told, it is not easy running your own business. This is further compounded by banks, investors and financial institutions requiring a tonne of paperwork.

They ask for things that you have never even heard of before they can grant you a loan, yet it will cost an arm and a leg to repay.
 
One of the main challenges we face relates to ownership and size.

We have lost business in the past because clients are doubtful about black-owned micro start-ups. They may assume that we are just a fly by night company.  

But I take each day as a challenge, appreciate all the clients that I have and we are still growing.

I have three full time workers and employ up to five part time employees.


health

In order to expand and grow, we are slowly saving up and increasing our clientele by providing a wider range of products.

We are also looking at other areas of the business that we can grow, while being mindful of areas that needs more attention.

In my opinion, the perfect examples of other medical/health firms are ER24 and St Johns Ambulance, including our competition.

If there is any one else out there with a similar experience or who is looking to start a business, my advice to you is keep your head up and work hard - the night is always at its darkest before the dawn.

- Fin24

* Share your experience of setting up a business or simply ask a question. Our business panel can put you on the right path.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.03
-0.3%
Rand - Pound
23.65
-0.1%
Rand - Euro
20.22
-0.3%
Rand - Aus dollar
12.19
+0.2%
Rand - Yen
0.12
-0.1%
Platinum
978.80
+0.3%
Palladium
1,032.00
+0.9%
Gold
2,386.19
+0.1%
Silver
28.24
-2.2%
Brent Crude
90.10
-0.4%
Top 40
66,902
-2.1%
All Share
73,000
-2.0%
Resource 10
61,638
-3.5%
Industrial 25
98,321
-1.8%
Financial 15
15,650
-1.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders