How to get the entrepreneurial advantage

I recently received a very poignant message.  Shaahid wrote that he is: “recovering from a business financial loss [which gives] your self-esteem a beating. The journey out of the financial hole can be long and calls for very creative thinking to reclaim your cash flow. “This was a journey of necessity, my business educational understanding. …

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Entrepreneur education in South Africa — We got it all wrong

“When you compare South Africa to the rest of the continent, it is clear that we are well below the African average in terms of entrepreneurial intention and activity.”[i] This is very disconcerting. Why is it so? The guys at Heavy Chef decided to find out what was at the root of the problem. They wanted to …

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Entrepreneurs don’t read

I read so little that you’d be forgiven for thinking that I’m barely literate.  I mostly read snippets of news about business, tech and politics. Harry Truman stated: “Not all readers are leaders, but all leaders are readers” So, if I want to be taken seriously as a thought leader in the world of small …

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SMMEs CAN get funding

“How’s business?” I asked.  “Fine” he smiled.  “Is it profitable?”  “I think so: I’ve still got some money at the end of the month.” Some small business owners know where every cent is coming from and going to.  Others just don’t have a clue.  Which means that they have no idea if their business is …

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Should I join an incubator or an ESD programme?

Why are so many SMME owners serial incubates?  Why do so many small business people leave enterprise development (ED) and supplier development (SD) programmes feeling that it wasn’t worth the effort?  These disturbing realities gave rise to the title of this article. Here are some useful pointers: Know your business development programmes Make sure that …

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SA Entrepreneurs are Naïve, Lazy and Self-Centred

What a revelation. Delegates and government officials at the 2018 Southern Africa Business Incubation Conference (SABIC) quibbled over whether our incubators and their skills transfer processes positively impacted our ecosystem sufficiently well enough to get them out of the starting blocks. By contrast, in advanced economies like Sweden’s, where there are over 120 incubators, their …

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