Tag: entrepreneurship

Youth unemployment is not a problem to be solved; it is an opportunity to maximise. Reframing one of South Africa’s single biggest socio-economic challenges sets the us apart from most skills development providers.

The Young Entrepreneur’s Playbook is a sequential guide that takes the entrepreneur from inception of an idea to success and all the way to exit. The author details the milestones of growing and evolving a business in a journey that is by no means linear.

Globally, the perennial battle to alleviate poverty is an enduring one and in this respect South Africa is no exception. According to Statistics SA almost half of the adult population in our country is living below the upper-bound poverty line.

As we reflect on Women’s Month in South Africa, it is essential to acknowledge women’s contribution to society, the economy and unpaid care work – raising children, families and communities. Despite their massive contribution, women continue to face considerable challenges.

The chance of a century to end poverty, and how we can seize it. Africa does not need handouts, but positive impulses. It is therefore high time for a paradigm shift: now Europe must invest instead of help, especially since the low interest rates offer the opportunity to make a big difference with a modest investment.

As we navigate the turmoil and disruption caused by the COVID-19 pandemic, all eyes are on keeping each other safe while preparing for a post-pandemic world. The custodians of this post-pandemic future are young people – and when one considers that the official unemployment rate for people under 35 in South Africa is 46.3%, the urgency of meaningful and sustained youth empowerment cannot be understated.

Having a good business idea, nurturing it, and putting it into practice is one of the critical steps on the journey to entrepreneurship. Running a successful business, even during a pandemic, is the ultimate goal for all entrepreneurs.

Entrepreneurship can be defined as the discovery and exploitation of opportunities. One identifies a need and comes up with a solution to remedy the problem, on a great scale whilst making a profit. Easy to define but not so easy to execute.

For our world to survive, and thrive, we need people who can lead the way to a better future for everyone, be that in corporate, government, or society in general. What we need is great leadership – not mediocre leadership; and an attitude of ever-learning, growing and developing.

Buying a franchise is in no way the same as starting a company. In some ways, it is quite complex to get it off the ground, because some franchisors cutting corners when it comes to doing the groundwork for the franchisor. The franchise sector in South Africa is represented in 14 different business sectors, constituting the highest and most diverse range of entrepreneurial endeavours.