Start your business small, the lean approach was advice we got when we interviewed Dr Hajira Mashego, an inspirational entrepreneur running her own Fitness Gym Brand. Due to travel challenges, our interview was done over the phone. I was happy Hajira had decided to speak with us about her story. Our entrepreneurship stories are meant...
If you are an entrepreneur you have come across risk work, but is it only a false carrot to get free entrepreneur labour? Risk work is when a potential client approaches a business person and requests certain products and services. However this said “client” is not willing to pay for these services or products. Instead...
Before we discuss the top 5 reasons why you should become a freelancer, let us define freelancing. Freelancing is the practice of working your yourself, lending your services to employers on a short-term or project basis. Although freelancing is not very popular in South Africa, it is estimated that by the end of 2020 half...
How many black businesses fell victim to the government, rest in peace black business. There is a heaven for BEE (Black Economic Empowerment). It would be a lie if I told you that I never thought of failure in business, if you are reading this as an entrepreneur: we are the last ones left. Thobile’s...
Why would any investor want to put their money at risk investing in the South African small business ecosystem? The numbers are undisputed. According to Fundera.com 20% of small businesses fail in their first year, 30% in their second year. 50% businesses will fail after 5 years and 70% within 10 years. The majority of...
What is Incubation Fatigue and Why are Incubation Programmes not working in South Africa? Incubation by definition is the process of keeping young vulnerable eggs warm, in the time needed for them to hatch and produce. Therefore business incubation can be defined as a process of keeping pre-business ideas and businesses warm and protected, while...
