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Entrepreneurship

  • The Duke of York, President of Nigeria start African Entrepreneurship Programme

    The African Entrepreneurship Programme (AEP) has been created in partnership by the UK's Pitch@Palace and The Global African Investment Summit (TGAIS). This venture aims to further develop the African private sector while stimulating innovation and technology throughout the continent. Much like similar entrepreneurship programmes, AEP will allow businesses the opportunity to present and connect with potential investors. This will help open doors to them, which would normally be closed or difficult to open. A chosen top three entrepreneurs will present their business proposals to an audience of potential investors, mentors and CEOs at the Pitch@Palace event at Central Hell Westminster, London 1...

  • Payroll company PaySpace receives prestigious Frost & Sullivan award

    Cloud-based payroll and human capital management company PaySpace has been awarded the prestigious Frost & Sullivan 2015 South African Product Leadership of the Year Award for Enterprise Resource Planning Systems. Established by Bruce, Warren, Clyde van Wyk and George Karageorgiades (pictured above) in 2000, PaySpace offers low-cost, cloud-based payroll and human capital management (HCM) enterprise software. Frost & Sullivan has awarded PaySpace for its impressive growth achieved over the years. The payroll software has increased its usage from 18 countries in 2011 to 37 countries in 2014. Read more: Study: fewer than half of SA’s SMEs use cloud services Fadzai Deda, Frost &...

  • 10 small business commandments for every entrepreneur

    In a world of Instagram experiences, hashtagged vacations and overwhelmingly social moments, sometimes people know the glory but not the insane story behind your perfect photos. During my recent years of growth as an entrepreneur, I’ve found that the journey to success isn’t like Google maps, with turn-by-turn directions. There are nails in the road, dead ends and confusion. I’ve learned a number of lessons -- some of which were ugly, all of which were important for my growth. I started my business through a series of unfortunate events; it was almost an accident. I began my career with a...

  • Entrepreneurs shouldn’t be afraid to code: here’s why

    Many entrepreneurs are afraid of code. They see coding as magic — something that requires a degree in computer science to even begin to understand. Some think they’re not smart enough or mathematical enough to learn to code, so they decide it’s easier to hire a developer or find a technical co-founder — all because they’re too afraid (or think they’re too busy) to learn. Even entrepreneurs who express an interest in coding have a hard time figuring out where and how to start. Coding boot camps are often prohibitively expensive — they can cost more than US$10 000...

  • Does your personality type fit that of an entrepreneur?

    According to a survey conducted by a California-based personality and career assessments company, Truity Psychometrics, found that extraverts are more likely to become entrepreneurs. The four main deciding factors of the survey included extraversion (E) vs. introversion (I); sensing (S) vs intuition (N); thinking (T) vs feeling (F); judging (J) vs perceiving (P), as well as a second set of basic questions, such as income, age, and gender. Out of the 25 759 respondents, only around half completed the survey. From that the numbers were whittled down to those over 18 and who had answered the salary question. This left the...

  • 8 tips for marketing your startup on a shoestring budget

    While success has many fathers, failure is considered as an orphan. Sailing your entrepreneurial stint to success has its own challenges. Most startups fail within their first two years of operation. Of those, 75% fail due to pre-mature scaling. This means that startup companies spend too much money on aspects such as marketing, hiring and so on before the business has secured further sources of financing. As an entrepreneur, I have seen many failures. At the same time I have managed to sail a couple of projects to the top, the toughest of which was Pakistani.pk. I have been able to...

  • How to choose the right tech to boost your small business

    As a small business owner, you have plenty of choice when it comes to affordable technology that helps you run an efficient, responsive and productive company. Accounting and payroll software takes the pain out of dealing with SARS and other authorities, while making it easy to keep accurate financial records. Mobile broadband and smartphones mean that you can access business information while you’re on the road and stay in touch with colleagues and customers wherever you are. And the web has opened access to a global marketplace of customers and suppliers for even the smallest of SMEs. Read more: 16 growth...

  • 10 comic book characters who would make really awesome entrepreneurs

    Comic books have been around since before Superman first appeared in 1938's Action Comics #1. Throughout history, both characters and villains have taken on a variety of jobs, but seeing that tech startups are so trendy these days, we've decided to round up the ones who'd make the most interesting entrepreneurs. While we do have access to a pantheon collected over almost 80 years of characters, the list has been limited to only 10 entries. We've also excluded characters who are already billionaires, such as Tony Stark and Bruce Wayne, though some already have a bit of seed money. Bruce Banner...

  • It’s a jungle out there: ValueForest wants to help you find the best online classified deals

    A few months ago, software engineer David Kaplan quit his full-time job, stepped out into the wild, and joined an incubator. Today, the 23-year-old spends his days at JoziHub working on his startup called ValueForest. ValueForest is a platform that aggregates deals from South Africa's various online classifieds, such as OLX, Gumtree, Junkmail and bidorbuy. When searching for an item, such as a Xbox One controller, the website will list all of the active listings from various websites. Besides featuring loads of deals on one platform, the site also features some nifty tools. For instance, it shows the average price of the product,...

  • From banker to VC: what I’ve learned from SA’s startup space so far

    In 2013, Michael Jordaan stepped down as CEO of FNB after 12 years of working for the financial institution. Jordaan spearheaded an era of change and creativity at FNB, which in 2012 was named the world's most innovative bank. He could've walked into any boardroom in the country and would have been offered a job there and then. Instead, he decided to go into the often-risky, sometimes rewarding world of technology-focused Venture Capital. In the post below, he explains what the past two years have taught him about the nature of South Africa's startup space. I don’t want...