Tenderprenuership vs Entrepreneurship The system of tenders is the biggest impediment in the development of entrepreneurs in South Africa, we have a unique business model where small businesses offer everything from cleaning services to construction without. Identifying a niche market and exploiting such markets, in fact the word market research is a taboo in South Africa which is why a record 90% of small businesses fail within the first five years. Elsewhere in the world the success of any entreprenial idea is based on the market forces solving the problem your Bill Gates with Microsoft and Steve Jobs with the iPad are classic examples. Our young entrepreneurs need to be taught how to convert an idea into business. We need entrepreneur development centres like Peter Jones a succcesful entrepreneur is doing in England (developing entrepreneurs as early as standard six).
Posted on: Wed, 17 Sep 2014 06:54:04 +0000
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