01 Entrepreneurship

Are you a small business owner or an entrepreneur?

Over the years that I have been working with SMEs, I have become increasingly aware of the clear distinction between small business owners and entrepreneurs.  Indeed, they can even be placed along a continuum on a scatter chart together with tenderpreneurs and intrepreneurs. Neither of them can be isolated in silos as each shares many …

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Today’s entrepreneurs are different

How do you define success?  Is it achieving status and respect, earning good money, being happy and content, having fun? How we see success may depend on factors like how easy it is to get rewarding work, where we live in the world and even when we were born.  For example, if you’ve had a …

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Why so few entrepreneurs?

What is REALLY holding SA's entrepreneurship levels back "South Africa’s rate of entrepreneurial activity is very low for a developing nation – a mere quarter of that seen in other sub-Saharan African countries.”  According to a recent Global Entrepreneurship Monitor (GEM) report, "Only 2.7% of adult South Africans own or manage an established business." Why …

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Sorry Ladies, you can’t have it AND eat it

Much has been written about women in business and why there aren’t more.  According to a SAQA report, in 2011, “the majority of students enrolled in public higher education institutions are female”.  But the Grant Thornton 2015 report, Women in business, states that only 27% of senior management roles in South Africa are held by …

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How to kill your business

Each morning, he arrived at work at 5:30, opened up, tidied up after last night’s class, marked the assignments that had been handed in, prepared for the day’s lessons and filled the water cooler.

Entrepreneurs aren’t normal

If you are normal, this isn’t for you. Many people who run businesses – even their own business – are not entrepreneurs. And not all entrepreneurs run businesses. Do you have to be a natural born entrepreneur to run a small business successfully?  Can an entrepreneur work in a corporation? What makes a person an entrepreneur? …

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