What Entrepreneurs Want

The recent City of Johannesburg Entrepreneurship Ecosystem Summits and Symposium, informed by Tamiko Sher’s Entrepreneurship Research Study: Voices of Entrepreneurs in Johannesburg revealed some surprising insights into what Joburg’s entrepreneurs need. More than three-quarters of the people interviewed for the study were entrepreneurs and the balance, organisations that support small businesses.  In addition, over 1,000 …

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Take-outs from three Delivery Guys

Three very different entrepreneurs - Dinesh Patel of OrderIn, Vutlharhi Valoyi of Zulzi and Enrico Ferigolli of Bottles App - gave some very astute advice at the SiMODiSA Start-Up Thursday recently. What do they have in common?  They are young, smart, good looking, exuding confidence … and they are all in the on-demand business. You already know …

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Built to Last or Built to Exit?

“I’ve registered a company with the CIPC and a consultant helped me draw up a business plan.  Can you help me with funding?”  This question was asked by a wannabe business-owner at FundEx who didn’t know how much she needed or even what she needed it for. Small business owners were invited to FundEx to …

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Running on Empty – do you need funding?

Their email opens with the standard knee-jerk response: “It sounds interesting.  I must state upfront though that we are unable to provide any funding for this project...” That’s understandable.  South Africa is the only country In the world currently in a recession.  Our GDP growth rate was actually negative in the first quarter of the …

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Are you paying too much tax?

Times are tough, even for SARS it seems.  Some businesses are complaining lately that it is taking longer to pay out VAT refunds.  The revenue service is also chasing up businesses that have outstanding tax due dating back as far as 15 years ago.  The revenue service was very relieved a couple of months back …

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Why B-BBEE doesn’t work

For many large companies and black owned businesses, B-BBEE doesn’t work.  It’s just too much trouble.  If the business of business is business, then it shouldn’t be about taking your valuable time trying to get your head around the opaque jargon and language of the legislation that is meant to empower black people.  So, large …

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