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Entrepreneurship

  • Does Mark Zuckerberg need adult supervision?

    Mark Zuckerberg, CEO of Facebook, is just 26 and has done very well but his young age does often show itself in various ways. He's put his foot in his mouth several times over privacy and has had mixed reviews on his performance in high profile interviews. Here is Chris Pirillo: "Things didn't go well for Mark Zuckerberg when he appeared on the D8 stage two days ago. From all angles, he appeared to...

  • Manifesto for web startup entrepreneurs

    I’m going to apologise up front. These aren’t all original thoughts - are original thoughts still possible? I read voraciously online and I am pretty convinced that all that reading has helped inform this list. And no, I’m not going to get into the semantics about exactly what a “startup” is right now. 1. Think global You are not going to become rich building an online business solely focused on the South African market. Read that again. You will not become rich. Despite what you think now, in order to become wildly successful, you have to build an online business that...

  • The Stuart Ntlathi story: A hope-filled prophecy for entrepreneurs in Africa

    High profile speakers, animated presentations, and the occasional F-bomb on stage all characterised the proceedings at what is fast-becoming one of South Africa’s hottest tech conferences. Net Prophet, a free one-day conference established by the RAMP Foundation last year as a means of social investment to debate and grow the local Internet economy, attracted about 800 people from all walks of life. This year’s line-up included Erik Hersman (Ushahidi), Vinny Lingham (Yola), Adriaan Pienaar (WooThemes), Stefan Magdalinski (Mocality), Richard Mulholland (Missing Link), Patrick Kayton (Cognician), Sarah Lacy (TechCrunch), Stephen Newton (ex-Google SA), Stephan Ekbergh (TravelStart), Stuart Ntlathi (SNSET), and Arthur...

  • Net Prophet: Africa is a sea of opportunity

    Free coffee, wi-fi and pumping music tunes was how more than 800 tech geeks, freaks, entrepreneurs and industry leaders were greeted at the Net Prophet Conference in Cape Town on Thursday. With an impressive line-up of speakers and the sense of a growing tech community in the Silicon Cape, it was no surprise to see a packed and enthusiastic auditorium at Old Mutual Park. Speakers included Erik Hersman, co-founder of Ushahidi.com, and Mocality.com CEO Stefan Magdalinski, who shared insights on mobile and internet innovation in Africa -- and how South African entrepreneurs in particular are well-placed to take advantage of...

  • Where is SA’s entrepreneurial spirit?

    Economically, America is almost three times larger than its nearest rival, and despite its size, it is one of the most productive economies in the world. This begs the question: What makes America the most successful economy the world has ever witnessed? The obvious reasons don’t provide us with a ready explanation though. What about education? Education is the ultimate driver of development, so surely America must have the best education system in the world. The reality is that, especially at the primary and secondary levels, many other countries have far better education systems than America. What about manufacturing? At the heart...

  • The startup way: 10 web tools we use

    When building a startup venture, small teams come up against several tough challenges. One being, how to deliver a lot of work in a little time, and how is this achievable with almost no budget? Luckily, these pains have been recognised by many great services that help small businesses punch above their weight. In a startup environment, inefficiencies are punished more than anywhere else. After getting Personera off the ground, our team has learnt some lessons in selecting the right tool for the job at hand. Here are 10 online tools we use regularly and have come to love. Communication Gmail: Yes,...

  • A business lesson: Go where the sardines are

    We are lucky in technology, because many other industries can only grow linearly and so that growth is a massive, long term effort that results in businesses like General Electric. The interesting thing is that even though we have the ability to scale with tech, a lot of people building businesses in tech try to build businesses in verticals that have no inherent potential for scale, or at least not enough to get to profitability before the runway cash is spent. They underestimate the sales effort required, overcook technical requirements, avoid the cold hard problem of "What's in it for...

  • Fear of failure is robbing South Africa of great thinkers

    Fear is the greatest energy sapper. Fear of failure, fear of ridicule and fear that things might never happen as you would like them to. As someone wisely said, fear is also the parent of cruelty. Cruelty to yourself. With fear paralysis sets in, and failure, which is so necessary for rapid innovation, is lost. Find your own way by getting things done. An idea does not have to be crafted into perfection to be worthy of an audience. In fact, the mere act of speaking it will allow it to emerge as better than it currently is. Ideas are...

  • 7 tips for starting up small

    There's no formula for guaranteeing the success of a startup and each new venture comes with its own story and own personal ideas of how to make it work. Still, there are some commonalities that you can learn from and prepare to encounter before heading into the great unknown. Here are seven simple and easy things to watch out for before and during the first few months of your startup's life, particularly if you're starting up without an investment or strategy partner. 1. The younger you are, the better If you have an idea for a startup but are not inclined...

  • Establishing your international startup anywhere

    There’s been a growing trend for startups to base themselves anywhere and have their employees scattered across the world, and in the process erase the concept of the old-school HQ. This trend seems to be even more prevalent for startups that operate online, with the WordPress/Automattic team being a great example. Over at WooThemes, our team is scattered across five different countries and we have a central office (which houses half of the team) in Cape Town, South Africa. Our whole business is online and we’re able to manage all of our daily activities from the comfort of our chosen...