Entrepreneurship

Entrepreneurship

Human Intuition Is the Future of Innovation and Entrepreneurship

Many venture capitalists and technologists talk about artificial intelligence, big data and how everything from systems to objects are getting smarter. Devices talk to one another, and people are learning how to talk to devices. Google Home, Alexa and Siri are just a few examples of how spoken language can help automate our lives to get things done more quickly. Businesses are evolving, too. Objects gather information, software is developed to make decisions, and our virtual assistants make sure it all runs smoothly.

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2019-01-27T17:03:26+02:00 Jan 27th, 2019|Entrepreneurship, Human Capital|

9 Entrepreneurs Share Their Thoughts on the Future of Entrepreneurship

Every waking day, we are having tremendous changes in regulations and technology which greatly affects the way businesses operate. Some entrepreneurs will say the future is definitely bright but to others, some of these changes are meant to work against their expansion and business operations. Additionally, there’s growing empowerment and embracing of individuality which motivates more people to begin their entrepreneurship journey. But the big question, what’s the future of entrepreneurship?

We asked entrepreneurs their thoughts on the future of entrepreneurship and here’s what they had to say;

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2019-01-27T17:02:08+02:00 Jan 27th, 2019|Entrepreneurship|

20 Small Business Trends and Predictions for 2019

Another year is on its way out, offering entrepreneurs an opportunity to reflect on the past year, with all its peaks and valleys, and plan for the upcoming year with those lessons in mind. Of course, business operations don’t happen in a vacuum, and business trends are always changing. Whether the changes are in technology, marketing, finance or public policy, entrepreneurs need to be aware of all these external factors in addition to their internal operations.

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2019-01-27T17:00:15+02:00 Jan 27th, 2019|Entrepreneurship|

oBike launches global business partnership programme

2018 – The oBike

Cape Town – oBike, Singapore’s first homegrown smart station-less bike sharing operator, announced that it has hit a major milestone of 10 million trips globally.

To cope with the demand, oBike launched a franchise-like programme known as the Global Business Partnership Programme (GBPP), inviting interested parties to manage its on-ground operations and maintenance works as business partners.

Based on a revenue-share model, GBPP was established with the objective of harnessing the networks and resources of local businesses to better optimise oBike operations through timely deployment as well as redeployment and maintenance of the bikes. In return, these partners enjoy the support of oBike’s technology, backend systems and product support.

Since starting operations a year ago, oBike has grown to a presence in over 60 cities across 20 countries. Through GBPP, oBike hopes to create a more sustainable and scalable business model, while boosting business and employment opportunities in the respective […]

We visited the first Food Lover’s Eatery in Joburg, and found restaurant-grade takeaways available in 90 seconds flat

Thank you to Adila Tayob for sharing this article with us.

Phillip de Wet , Business Insider SA – Aug 24, 2018, 06:40 AM

Food Lover’s Market just opened its first Eatery store in Johannesburg, in the heart of Sandton, following success in Cape Town.
The choice of food it offers is downright silly – and that’s before you get to desert.
This is not the kind of restaurant you want to sit down at, but it should be deeply worrying fast-food restaurants that trade on speed rather than quality.

The Food Lover’s Market just launched its first Eatery store in Johannesburg, expanding its current Cape Town footprint of three stores. Between them the four outlets are already serving some 20,000 people per day, Food Lover’s tell us – and the way Sandton office workers swarmed through it, that number seems plausible.

We visited this new jewel in the company’s crown, in the horrible The […]

2018-10-22T11:55:59+02:00 Oct 22nd, 2018|2018 Case Study, Entrepreneurship, Recources, Syllabus Topics|

How to open a petrol station franchise in South Africa – and how much it costs

Thanks to Tamarin Vorster from Bishop Bavin who kindly shared this article with the Business Studies community via our platform

How to open a petrol station franchise in South Africa – and how much it costs

Staff Writer                                                            10 July 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

One of the more resilient industries capable of delivering healthy profits during times of slow national economic growth is the fuel retail industry, says James Noble, a business development manager at Absa Business Banking.
“The industry proved itself to be recession proof. This makes the sector a worthwhile consideration for people thinking of financial independence and wealth creation opportunities as well as existing business owners seeking to add to their growing business portfolio,” […]

2018-07-11T19:42:06+02:00 Jul 11th, 2018|2019 Case Study, Entrepreneurship, Recources, Syllabus Topics|

Tips for SMEs expanding into Africa

In light of Africa Day on the 25 May, more South African small and medium enterprise (SME) owners should be encouraged to look at how they could expand their operations into the rest of the continent.

This is according to Mark Paper, chief operating officer at Business Partners International, who says that Africa has for long been regarded as a region with untapped economic opportunity.

“The African Development Bank reports that the economic growth in Africa is set to accelerate to 4.1% over the course of 2018 and 2019, which can potentially yield benefits for SMEs.”

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2018-06-08T17:15:07+02:00 Jun 8th, 2018|Entrepreneurship, Environments|

Previously disadvantaged face more tech start-up challenges

 Cape Town – While tech start-ups generally face the same common challenges as other small businesses, previously disadvantaged members of the tech ecosystem face additional challenges, according to Kerry Petrie, general manager at Silicon Cape, an initiative by local entrepreneurs focused on branding and promoting tech in Cape Town.
Commonly cited challenges for start-ups are usually access to markets, funding and governmental red tape. Previously disadvantaged individuals trying to enter the tech SME sphere face additional challenges like skills deficits, structural inequalities and very limited social capital.

“Many service providers are seeing the need to work with this sector. From the largest legal and financial firms in the country to small, localised consultants, there is value in developing business clients from early relationships,” explained Petrie.

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2018-06-08T17:13:47+02:00 Jun 8th, 2018|Entrepreneurship|

Entrepreneurs flock to Cape Town, Africa’s start-up capital

 Cape Town is the continent’s start-up capital, says Wesgro, the official tourism, trade and investment agency for Cape Town and the Western Cape.
James Milne, head of Wesgro’s investment promotion team, and Boitumelo Menyatswe, ecosystem manager at Silicon Cape, shared their insights with Fin24.

From across the globe, start-ups choose Cape Town for various reasons: lifestyle, community, access to funding, a culture of creativity, and available talent. The latter is due to many top tertiary institutions in the area.

Additionally, investors are drawn to the city, thanks to the range of quality start-ups, tax incentives and access to the rest of Africa.

 

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2018-06-08T17:11:35+02:00 Jun 8th, 2018|Entrepreneurship|