Tag: entrepreneurship

This is a second book from business growth expert, Pavlo Phitidis, who draws on extensive experience across a wide range of industries, founder of multiple businesses, investor, speaker and a respected commentator on entrepreneurial and business growth and innovation.

For years, we’ve been told that entrepreneurs are key to South Africa’s economic growth and job creation. If we had any hope of escaping quarter after quarter of sluggish growth (or recession), we were told, we needed to support and invest in entrepreneurs.

The lockdown, interruption of supply chains, and the emergence of a distributed workforce are accentuating the need for innovation and entrepreneurship, with countless technology opportunities emanating from these unusual times. We are facing unprecedented disorder, with COVID-19 highlighting the need for bold, innovative solutions at all levels of society.

Almost two thirds of MBA graduates have found themselves in their dream role within just six months of completing an MBA programme from an AMBA-accredited Business School, new research reveals. Almost three quarters (74%) believe they have been able to develop all the business-related skills they wanted as a result of completing the qualification.

Learnerships are the key to optimising employability. Unemployment is a massive challenge that has been exacerbated by the COVID-19 crisis. Predictions are that 35% of South Africans won’t have jobs by December. This only accounts for people who are actively looking for jobs. The number of unemployed who’ve given up looking for work is much higher.

Every person who goes into business does so for various reasons and manages their company in a way they deem fit. Ultimately entrepreneurship is about creating jobs and improving society’s standard of living and while there may be ample ways of getting there, successful entrepreneurs have basic underlying traits that make them and their businesses fruitful.

Our 2020 Global Entrepreneurship Survey found that entrepreneurs who had a website were less likely to close their businesses during COVID-19 lockdowns than those without one. We also discovered that those with a website were more optimistic about future growth, with 31 percent projecting growth of at least 50 percent versus only 23 percent of those without a website.

August is women’s month. So, what better time than this to release a book that, among other great stories, features several powerfully positive tales written by talented women? Hope Stories is a collection of positive tales and motivational anecdotes, serendipitously released at a time when positivity is in high demand.

Managing and growing a business is no easy feat, this task becomes even more difficult when you factor in recessions, economic downgrades and pandemics. But the hurdles entrepreneurs and their businesses are currently facing can also be an opportunity to pivot their companies and brands.

Franchising has at its heart the spirit of entrepreneurship but amidst the COVID-19 pandemic that has resulted in immeasurable destruction of small businesses, the question remains whether the entrepreneurial flame can be re-ignited for future growth.