Tag: entrepreneurship

Are you working long hours just to keep your head above water? Are you stuck in the first gear and want to get moving – fast? Mind Your Own Business details 12 crucial lessons on entrepreneurship; offering a fresh perspective, savvy advice and practical measures to put in place.

For the past decade, this is a question that Tom Eisenmann has tried to answer. Focusing his research and his MBA class at Harvard University on the mistakes and missteps of entrepreneurs, for the first time, he reveals his findings, and - most importantly - how you can avoid them.

Over the past decade, South Africa has seen a sharp increase in the number of people earning an income outside of formal employment. For some, the need for a self-generated income arose from falling victim to the country’s steadily rising unemployment figures.

Being an entrepreneur is stressful at the best of times, but what happens when unforeseen circumstances (like a pandemic for example) cast its dark shadow of doubt, forcing you to rethink everything about your business and yourself? It’s more important than ever to bring discussions around mental health and wellbeing into the light as we all learn to adapt to a rapidly changing world and an uncertain future.

Statistics show that companies that are evolving by embracing speed and agility are growing at twice the rate of companies that are struggling to scale innovation.

In the face of a shrinking job market there has never been a more urgent need for entrepreneurship than now. A new year is upon us, and as we grapple with the ongoing effects of COVID-19 on our lives and livelihoods - with thousands of South Africans having lost their jobs over the past few months - many people are looking at fresh new ways to earn a living.

Life and business are not mutually exclusive. Business can, and must work for you, not the other way around. We have been conditioned to believe that being willing to sacrifice everything is the ‘right thing to do’ and the entrepreneurial way. That is a flawed approach.

Nuts & Bolts is a book about hope; it is full of stories about real people and companies who are making a difference, with testimonies from entrepreneurs, experienced ecosystem builders and innovators. It captures deep insights, from the considerable time McLean has spent with entrepreneurs and innovators, on the importance of inclusive innovation and entrepreneurship, and provides a mix of global experiences and entrepreneurship narratives that eloquently sketch out the ‘nuts and bolts’ for entrepreneurship and innovation.

In an emerging economy like South Africa, human capital development is central to the survival and growth of the economy. The economic system that is conducted in South Africa is a market driven capitalistic one, whose focus is on maintaining a sound financial system that is globally competitive.

With only a few weeks till the Brexit transition and having initiated discussions years ago, UK ministers are considering formally doing away with non-compete clauses sooner rather than later. Essentially, removing non-compete clauses allows employees to start their own businesses without having to sit out a waiting period.