Page 4 - KZN Business Sense 10.1 Page One Shaaz Moosa - CEO Supahot- Ebook

THE SERIAL BUSINESSMAN

haaz Moosa is the CEO and credit facilities due to his young
CFO of Supahot Geysers age. This challenge forced him
Sand MS Group Holdings. to be more creative and to look
His business career has, he says, at out-of-the-box solutions. One
been motivated by his family solution was to develop business
who have all operated business partnerships, and Shaaz now
enterprises. has multiple partners in a range
of businesses and projects.
Straight after finishing
matric, and with their support, In commenting on his
Shaaz started his own business leadership style, he said that he
journey in the insurance prefers working with inclusion
industry. He explained that and communication rather than
this experience taught him a in an authoritative style. “I’m
lot about communicating with surrounded by a phenomenal
people, about how money works team, and I prefer having the
as well as the finance industry. buy in and understanding from
He quickly decided to become our key staff. We set up our plan
an independent insurance and our mission for what we’re
broker and applied for his wanting to achieve. Including
license. By the age of 19 he had our staff in this process has led
multiple contracts. to the success of our business.
You do get certain people
However, Shaaz commented
that he realised that the who just take themselves as
an employee and don’t see the
insurance industry did not greater vision, but they fall off
offer the long-term business
growth, which would enable the wayside.”
him to reach his own goals. Shaaz started the Supahot
Consequently, he started geyser journey in 2018 and the
dabbling in a variety of company has now become the
businesses including the third geyser manufacturer in
property market. the country. He explained that
their success is due to keeping
In 2006 Shaaz’s father
unexpectedly and tragically their expenses low and to the
relationships that they have
passed away and his entire built. Initially the company
world changed. Shaaz was experienced challenges from
now required to be the leader
in his family and take care of their competitors who had the
bigger nationals tied up. They
everyone.
started off selling geysers to
Hard Work independent hardware stores
while growing their brand, and
He then started looking for from there, the nationals started
other business opportunities approaching them to sell their
and got involved with the Shaaz Moosa is the CEO and CFO of Supahot Geysers and MS Group Holdings products, which has been very
Scooters’ pizza brand, opening successful.
up Halaal stores. He explained, finances better, and he was also you have money to give, give more technical about it,” he
“Over three years, we opened able to enhance himself. from what you have, and the said with a smile. “Water boils To relax Shaaz enjoys time at
up multiple stores and I soon Almighty is going to give you at 100°C. At 100° C what that home with his family. “I think
realised that this is very hard Shaaz mentioned that he has more. And if you’re doing right, process can do is limitless. You with my busy schedule and
work as the effort to financial always had good teams and with the right moral compass, can create power, and from that busy timelines, I find joy in
reward did not make sense. I support structures. His mom, the Almighty will certainly power you can create electricity, my family. I enjoy spending
found that it was better for me wife as well as his family, and make sure that he gives you that steam trains, etc. Motion can time with my family. I have
to open up these stores and sell ‘phenomenal’ friends are always responsibility.” be created by 100°C of boiling also achieved much because of
them off. Whilst doing that I willing to assist. He explained, water. At 95°C what can you do? the support, the blessings, and
was dabbling in buying one/ “It’s not about finance, It’s He added, “You have to give Have a cup of tea and that’s all. prayers of my mum. I try as
two-bedroom apartments, as at about hearing you, guiding you, back into your communities. That 5% extra is what creates much as possible to just be there
that time the avenue to credit motivating you, and being able You have to give back to your and unlocks the multitude of for her.”
was quite easy.” As the values of to learn from people and what family, whether it’s in time or other things that you can do, “I’ve got a wonderful spouse
properties was going up, when they’ve done over the years. money. You have to include and to achieve that you’ve just who’s very supportive of me,
Shaaz sold these properties off, I think that experience is the people and by doing that, got to persevere, be consistent and I’ve actually grown quite a
he was able to build an asset basis for the success of who I am success is automatic. We must and disciplined.” bit because of her support.”
base. today.” understand that success is not
just measured in finances, In addition to the 5% rule, In conclusion, the motto
“I realised unintentionally, Give From What You Have there’s no point in having lots Shaaz said that if you look at the that Shaaz lives is: “To do
that I’d become a serial of money if you’re not a person top 100 companies in the world good, speak well and listen to
businessman. At the time FNB In commenting on his that one can sit and talk to.” and the CEOs and founders people.” 
invited myself and a very close, motivation to succeed, Shaaz of all of them, they have this
said, “I strongly believe that
dear friend of mine, who has “And the rule that I would quality of starting early. “When
just passed away, to do a mini- if you do the right things, advise to anybody who wants I say starting early, I’m talking W: www.supahot.co.za
MBA. He convinced me to go the Almighty opens up the to start to do anything, is just about the 4:00 am rule. One
on it and do this mini-MBA doors for you. If you assist to give 5% more. Because that should start work early and that
the community, your people,
with him, which we completed 5% more is what allows you to allows you to work hard.”
in just over a year.” Shaaz said family, etc, then the Almighty be better than the rest. I use
the course was self-empowering will give you more. That is the an analogy of boiling water, Shaaz’s career has not been
and due to his practical business advice that I give to every young and it’s a 5% rule. I’m in the without challenges, which in
person today. Don’t wait until
experience he understood geyser business, so I can be his early days included a lack of

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