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  • Top startup events in South Africa, Africa you should know about this week [18/07/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Company Office

    Securing the right investor for every stage of your business

    So you’ve nailed down the big idea, you’ve got the inspiration, and you’ve laid out a savvy business plan - now all you need is the right investor (or investors) to get your startup off the ground. For many new entrepreneurs, this is the hardest part (so far)…it usually requires pitching your idea (and essentially, pitching yourself), to family and friends, and as the business grows, to angel/seed investors and venture capitalists. It requires asking people to place their money and trust in you and your ability to make something out of nothing. For even the most self-assured among...

  • Is your Magneto store breathing easy? This infographic has the answer

    Magneto is a massively-popular open-source ecommerce software suite we've covered extensively here on Ventureburn. And while many may know what it is and how to get the best out of it, there are always a few more things we can learn (that's true about most things, in fact). Read more: Magento, Shopify, WooCommerce: which ecommerce platform works for you? With that said, the team over at MoFluid put together a great infographic for those users who just can't seem to diagnose problems within their ecommerce store. Entitled "How Healthy is my Ecommerce Store?" the graphic takes users through various stages of diagnosing...

  • Here are the pros and cons to starting your own startup

    Movies depict a grand view of an entrepreneur, a view of a life that's filled with bright ideas and enthusiastic men and women. The dedication to their dream unrelenting and somewhat childlike in a sense that they show the world anything is possible. The true grit and sacrifice of an entrepreneur cannot really be summed up in an hour and forty minutes. Pertinent observations arose in a 2015 Barclays study on the psychology of entrepreneurs, conducted in partnership with The Psychometrics Centre at the University of Cambridge. "Does a certain 'type' of person become an entrepreneur, no matter what – or does the political...

  • Common mistakes entrepreneurs make during a pitch

    Author and life coach Tony Gaskins once said, "If you don't build your dream someone will hire you to help build theirs". This mantra undoubtedly echoes in the heads of all entrepreneurs. But is this motto all it takes to succeed? For the lucky few maybe, but for most, it's all about trial and error. Former Chief Executive of Public Trust and author Tim Sole addressed the issue of persistence in his book Make Success Your Friend, "Laziness is the habit of resting before you become tired and success is often found between tiredness and exhaustion. If you give up a...

  • There’s a Startup Weekend happening in Mauritius

    There's a Startup Weekend in the island nation of Mauritius taking place from 15 to 17 July at the BPML CyberTower 1 in Ebene. The event is expecting around 60 participants, including entrepreneurs, professionals, and students. Those participating will pitch their business ideas for a startup company. They will then need to form groups in order to develop a working prototype. On Sunday evening, teams will pitch their business to a panel of judges who will decide the final three winners. All teams will have the opportunity to receive free mentorship and feedback on their projects from professionals. The coaches will include the likes...

  • Company identity and your startup: how to cultivate a winning culture

    Culture - it can make or break an otherwise viable business. It's that personality that drives performance, that special something that draws people to want to be part of an organisation. And yet culture is something that's often overlooked at the startup stage of a business. How many entrepreneurs have set out to create their own businesses precisely because they've found themselves stifled by a smothering corporate culture? It's an irony that many of today's most creative entrepreneurs don't give a thought to the culture they are cultivating in their own business. According to a Bain & Company Survey, 81% believe that...

  • The Guardian shines spotlight on Cape Town’s startup scene

    Cape Town's startup scene is gaining loads of attention, as the sector quickly makes a name for itself. Don't believe me? Then you should check out The Guardian's report, titled "How Cape Town's tech entrepreneurs are solving problems for small business". The article initially focuses on the Silicon Cape initiative, calling it "central to Cape Town's technology startup scene". "After starting my first company in Cape Town, I realised what a lonely place it was for founders. When I moved to Silicon Valley, I quickly discovered what an interconnected place it was and wanted to create the same type of environment back in...

  • Millionaire Underdog Club to hold open startup pitching event in Cape Town

    Are you an entrepreneur in CT with a startup idea in need of funding? The Millionaire Underdog Club is holding an event that may be right for you. Taking place on 14 July at the Table Bay Hotel, the event will allow entrepreneurs to pitch their ideas in front of a panel of top SA business icons and the audience. Those wanting to participate will need to conduct a two-minute elevator pitch, followed by two minutes of open Q&A. The judging panel will consist of Raj Wanniappa, CEO and founder of Future Horizon Technologies; MD of Internet Solutions Saki Missaikos; commercial director of Bidvest Lionel...

  • Seedstars World selects 10 startups for Mozambique pitching event

    Global pitching event, Seedstars World, has finalised their top 10 startups for the Mozambique leg of the tour. The event will take place on 15 July at Rua dos Desportistas. The winner of this event will go on to represent Mozambique at the Seedstars World global competition in Switzerland next year. Startups from 65 countries will compete for the chance to win up to US$1-million, as well as international networking opportunities. In addition to the grand prize, Seedstars World partner, TRECC is awarding the Transformation Education Prize of US$50 000 to the best startup in education. "Part of Standard Bank’s pan-African strategy, is...

  • The quest for startup friendly operator APIs in Africa’s emerging markets

    In a new report (PDF) released by the GSMA Association (GSMA), an organisation representing the interests of mobile operators worldwide, it is revealed that relationships between mobile operators and African mobile startups need to exist. Several startup founders, both on and off the record, complain about the reluctance of telecoms companies allowing their services to run in respective markets. Those being allowed to run on operator networks are apparently being over-charged as well. "On every ten naira made using my service, the operator takes seven naira leaving us with just three naira out of which we will still incur other expenses including royalties...