Archive for the ‘Entrepreneurship’ Category

Crowdfunding is an excellent initiative by Eve Dmochowska to jump-start South African tech startups.
How does it work?
The idea is simple – a bunch of people each invest R1,000 [or multiples thereof] in a pooled fund which then gets allocated to startups based on merit.
The startups get funding [clearly not too much, but enough to get [...]

You’ve most likely heard the rumours.
If they’re true…
… I’ll be hacked off that it actually is possible despite all the excuses we’ve been hearing for so long.
If they’re true…
… I’ll be fuming that it’s one bank driving this, not the government or the SARB or any of the other bodies that should be pushing this.
If [...]

Would you be willing to support a new young startup business that you’ve never heard of?
Chances are small I bet.
How about if you’d seen mention of it in the media, heard about it on the radio or heard colleagues talking about it around the water cooler?
Maybe a bit more hope for them now?
Preparing for failure

We [...]

A wise man is foolish to think he knows more than he actually does.
Building a business model/business plan – why bother?
Some people think this is good, some think it’s a waste of time. I’m in the former category.
Mashable carried a great article on “5 Business Models for social media startups”. The models are largely applicable [...]