Entrepreneurs, husband and wife, Sylvia and Milan Milosevic had turned their first property investment failures into lessons and today own a successful property education business
The couple actively share their learnings and provide people with practical tips and advice through Wealth Alliance – an organisation that empowers individuals to change their perspective on traditional wealth creation.
Soon after they met, these proud parents of twins realised that they have the same goals in life, live by the same values and share a burning desire to succeed.
“Sylvia and I are goal-getters and property was always our passion. Once we ventured into the property space, things started happening,” says Milan.
Individually, they have achieved great success and together they are the ultimate power team. They actively share their learnings and provide people with practical tips and advice through Wealth Alliance.
Both initially tried to establish businesses, but lost money along the way.
They recall that it was a valuable experience for them and it made them realise that they needed to learn from someone who was successful in the space.
“Four years ago, we started learning from our first multi-millionaire mentor and finally found a clear path to follow that brought us here today,” they recall.
Sylvia and Milan believe that it is important to balance and separate their working and personal relationships.
While they are working, they put aside their personal life and focus strictly on business, accomplishing goals and changing people’s lives.
This power couple set goals regularly and set out a clear plan to achieve them. “Our goals are aligned, which works well for us as a couple and business partners,” they say.
The two emphasise that prioritising tasks during the day and finding time to nurture the relationship at the end is necessary for long-term happiness.
As entrepreneurs, they know that any business decision can affect their relationship and reckon the best way to handle this challenge as partners in business is through constant communication to find a middle ground.
They advised that partners who want to venture into business together should trust and support each other.
“That’s the main element in a partnership. Thereafter, it’s just about making sure that your goals are aligned and that you’re constantly communicating,” says Milan.
Aisha Pandor and Alen Ribic are the husband-and-wife team who co-founded SweepSouth about four years ago.
Their business has grown exponentially since launch and in the past year, despite tough economic conditions, has paid out R33 million to domestic workers in South Africa.
This power couple believe the key to a successful partnership is to make sure that you both have your roles clearly defined.
Ribic manages the technology side of the business, building and scaling the platform from scratch, while Pandor focuses on business development and operations.
“Alen has always been very entrepreneurial, working in business and building his own phone apps even before the concept of consumer-based app stores. As a married couple, we were both working in the corporate environment. I have a PhD in Human Genetics and a research background, but was working as a management consultant,” says Aisha.
Ribic admits that they struggle to separate work from personal and family time, as they are both so invested in and passionate about the business.
“We do try to set aside time away from home to relax, but it can become difficult when a scheduled date night becomes a board meeting! In some respects, we have resigned ourselves to the fact that as two founders who love our business, we’ll never be able to fully switch off after-hours,” says Ribic.
Their company has grown massively in the three-and-a-half years since inception.
When they started, they had only two employees working from home with about four cleaners on their platform and today they are operating in five major South African cities with a team of almost 30 and have provided work for over 6 000 domestic workers in the country via their platform.
“We’ve raised funding from respected investors, both in South Africa and in Silicon Valley, and have partnered with some amazing companies on very powerful campaigns. Over the past year, we’ve paid out more than R33 million to domestic workers in the country,” they say.
Become partners in business because you have complementary skill-sets and are both passionate about the concept, not just because of your relationship, they advise.
Pandora learnt basic python coding to better appreciate Ribic’s skills and role.
“Respect and appreciate your partner’s skill-set and let them have the final say on matters in which they have expertise,” says Ribic.
Pandor is the CEO of the business and is more planned, pragmatic, and logistical, with a business management background. Ribic is the CTO and a software engineer who is both analytical and creative. He’s excellent at forecasting what will work in terms of future technology.