In this article we will be discussing the fear of entrepreneurship. The very essence of an entrepreneur is someone who is willing to take risks in the hopes of a profit. Someone willing to put everything on the line for the chance, the opportunity, to make something for people. That is the very scary thing...
Category: Start Ups
5 Mistakes Entrepreneurs Make When taking the Leap
Here are the top 5 mistakes entrepreneurs make. This list is based on real entrepreneurs with experience. We interview entrepreneurs for our spotlight articles weekly to get these insights. This is not a theoretical textbook approach, but practical advice from people who have walked the path. As I wrote this article, I was reminded of...
Why you should trash your business plan
Many entrepreneurs are wondering why they are struggling to raise funds, even though the have the perfect business plan – here are the reasons why you should trash your business plan. A Business Plan is Fiction Believe it or not, writing a business plan requires more imagination than factual elements. Putting a business plan together...
Rest in Peace Black Business, there is a heaven for BEE
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...
A Case for Risk Investing in South African Small Business Ecosystem
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...