What is an entrepreneur?

An entrepreneur is someone that creates a new business. This can carry a high risk because it requires money to set up a new business without knowing if it will give a return on investment. Entrepreneurs need to have a good understanding of their markets. They find out what customers want and modify their products in…

8 tips to help you drive success

All the great success that has been achieved ultimately began with an idea, but what makes ideas become reality is the fuel of human desire. “An idea by itself can give you a temporary feeling of inspiration, but burning desire is what gets you through all the perspiration necessary to overcome the inevitable obstacles along…

Five vital steps in entrepreneurship

AS SOUTH Africans turn their attention to the second decade of democracy, it is important to learn from our experiences in the first. Five vital principles can guide a new approach to supporting emerging entrepreneurs. Entrepreneurship is a quality, not a deliverable commodity: it is a mistake to believe there is an unlimited pool of…

Empowering entrepreneurs

Levels of motivation to start a business differ around the world, and in South Africa entrepreneurship is often necessity driven due to businesses being created as a result of a need for employment, rather than because the business owners view the business as an entrepreneurial opportunity. According to Christo Botes, Executive Director of Business Partners…

Vusi Thembakwayo on financing growth.

There are many ways through which you can access your target of financing growth. Just ask Vusi Thembakwayo, founder of Motiv8, who has funded his business’s growth by tapping into the wallets of his clients. Step 1 Have a great relationship with your clients. If they know you operate with integrity, they’ll be far more…