Something Different for Joomla!

The changing face of entrepreneurship in SA...
Friday, 22 October 2010 15:29

The idea of entrepreneurship has undergone some sweeping changes in the recent past, and nowhere more so than right here in SA. These are just a few of the reasons for, and outcomes of, people having an entirely different take on going into business for oneself…

Being an entrepreneur is no longer seen as being mad. It’s now socially acceptable, and even aspirational, to be in business for yourself. Look at the number of entrepreneurial publications and shows on TV, compared with 15 years ago. Everybody knows a couple of entrepreneurs, and in general, they sing their praises. The business owners in communities are now the role models, and no longer simply seen as the outcasts trying to ‘stick it to the man’.


Necessity. Sixteen years into democracy, it’s clear that the government’s not going to hand everything to you on a plate, so you have to look out for yourself. With jobs being cut across the board in corporates around the country, the situation of having no paycheque is becoming a stark reality for many. But if you’ve got mouths to feed, and bills to pay, what are you going to do? For many, going out on their own has been the answer, and they’ve never looked back.

People want to take back control of their lives. Clawing our way out of a massive recession has also shown people that you can’t even trust the biggest (supposedly safest) institutions to guarantee the sanctity of your money – and they’re wanting to take their wealth-building back into their own hands. One great way to do that? Invest in something you have control over – your own business.

People are starting businesses younger. If some pimply-faced teenager came to you with a business proposal way back when, the standard (and expected) response was to laugh him out of the door. These days, though, that young upstart could be on to something, and at the very least, he’s being listened to. More plugged in, more connected, the youth of today are flexing their entrepreneurial muscles in a big way. Hell, I started working for myself when I was 12. And starting younger doesn’t mean that they’re constantly swimming against the tide, either. Customers and companies are appreciating that they’re being engaged with by people their own age – in their shoes, in their schools, and in their communities – and the uptake has been a real boon for young businesspeople.

People are coming back from overseas to start businesses here. They’ve tried their luck, have seen that the grass isn’t always greener, and have realised that it’s in the emerging economies of the world where true opportunities lie. Worried about the ‘swartgevaar’ in the early nineties, they were on the first plane outta here; but now they’re returning – wanting to be here to contribute to the country’s growth (and make a good buck out of it, of course!) They’re bringing with them the accumulated knowledge of thousands of travelled kilometres, and applying it here. They’re approaching it from a place of inspiration, not desperation, and it’s making all the difference in the world.

Mixing it up in terms of race. In the past, you teamed up with your own ‘kind’, and that was that. Nowadays, you’ve got lots of guys coming together with their peers who happen to be of a different hue. Yes, this is a product of more integrated society – guys and girls of different colours working and studying together, which wasn’t happening in the bad old days – but they’re also tapping into the inherent benefits – think BEE opportunities, accessing and appealing to broader markets, making the most of multi-cultural approaches, etc.

Proliferation of small and micro-businesses. In the past, you either had to go big or go home. If you didn’t have your own premises and at least a handful of employees, you weren’t in business; you were just tooling around, or a hippie. These days, huge swathes of business owners are one-man bands, and happy to be so. And small doesn’t mean unprofitable, either. With the increasing reach of technology and the internet, you can have a successful, lucrative business running from a single laptop in your living room.

People are going back to basics. They’re realising that there’s more to life than punching in at work for 40 years, and then hoping that their retirement savings will sustain them. They want to spend time with their families and friends, maintain their health better, travel and see the world. People are now proactively following their dreams, with less fear of sanction by society. Only want to work 3 days a week? Fine. Want to go on holiday four or five times a year? Not a problem. The reality that living the life that you want to live is eminently more achievable by running your own show has kicked in in a big way, and is adding to the groundswell of entrepreneurship pouring over the land.



#1 2011-10-26 01:56
great article
#2 bank personal loans 2014-06-26 13:58
Offer copies of your unsecured personal loan paycheck receipts can be sufficient.
When seeking a $50, 000 unsecured personal loan can fund
a family vacation, while other lenders can help you over a period of
1 to 10 years. If you are one of those who are unsecured personal loan not comfortable borrowing money
from family member with a great way to borrow money.
These not only provide the debtor with money, but if you don't do something big and exciting to

Stop by my web-site :: bank personal loans bad credit:
#3 lakeside village 2014-08-22 04:00
After I initially left a comment I seem to Һave clicked оn tɦe -Notify me
whеn new comments ɑre addeɗ- checkbox and fгom noѡ on ѡhenever a commеnt is
ɑdded I recieve 4 emails with the exact same comment.

Is there a means you aгe able to remove mе fгom that service?
#4 forex server 2014-09-01 11:46
Eveгyone loves it when folks come together аnd
sɦare ideas. Great website, continue the good work!

Here is my web-sitе forex server:
#5 wireless phone plans 2014-09-22 06:10
If there is a thing that inhibits you from creating a
graceful however silent quit, then you definitely must
converse gently in to the recipient and end your contact as swiftly that you can.
Push your cell-phone up with your favorite tunes this is a free beneficial guide that
explains a method to create high quality free-ringtones out of your free audio packages that you already
#6 Adonis Golden Ratio 2014-09-28 14:35
Hmm is anyone else having problems with the pictures on this blog loading?
I'm trying to figure out if its a problem on my end or
if it's the blog. Any responses would be greatly appreciated.

Also visit my web site: Adonis Golden Ratio:
#7 Www.Buildmuscles.350 2014-09-28 17:45
I visited several blogs except the audio feature for audio songs present at this web site is in fact fabulous.

Here is my page :: Best Workouts To Get Beach Body Fast (
#8 Glenn 2014-09-29 00:34
Attractive section of content. I just stumbled upon your website and in accession capital to
assert that I get actually enjoyed account your blog posts.
Anyway I'll be subscribing to your augment and even I achievement you access consistently rapidly.

Also visit my blog post Best Muscle Building Program (Glenn:
#9 Does Adonis Golden 2014-10-01 10:07
Hey would you mind letting me know which hosting company you're working
with? I've loaded your blog in 3 completely different browsers and I must say this blog loads a lot quicker then most.
Can you recommend a good internet hosting provider
at a fair price? Cheers, I appreciate it!

my webpage Does Adonis Golden Ratio Really Work:
#10 2014-10-09 00:42
I was recommended this blog bby my cousin. I am not sure
whether this post is written by him as nobody else know such
detailed about my difficulty. You are incredible!


my site - bad credit loan (

Add comment

Security code