Great work indeed. Funding is the main problem for entrepreneurs. Report Abuse
Nov 12, 2012
MasheleJ
"Higher Education Minister Blade Nzimande has again admitted the government has failed to improve the quality of education to bridge gaps between schooling, tertiary education and the job market."
A solid education is the prime requisite for successful entrepreneurship and a poor educational system doesn't contribute to this.
For gosh sakes, people, Zuma declared the other day that the textbook delivery debacle has been ongoing for the past 10 years. He calls it a challenge... To deliver books? Once a year? For shame!!!
Please god we don't need to go to war - I don't think we'd get the army off the base...
Therefore it appears that these ANC cadres are unable to manage even such a simple task usually acomplished, in commerce, by a learner stock-room clerk. The adresses are on file! It's not %&*#@ rocket science!
So we got the Peter Principle effect - people, who're at the bottom of the curve, promoted far beyond the levels of their competency - which seems to be being limited to manage getting their feet into their shoes in the mornings.
MrBean
With respect, Funding is NOT the main problem for entrepreneurs. In Bruce Witfield's programme yesterday there were entrepreneurs who turned a seed fund of R1000 to a turn over of R67 000.00. Please catch Bruce's "The Money Show" this afternoon from after 17h00 as they will be concluding the R1000 contest. Clearly lack of innovation, poor research and 'waiting for funding' is the limitation...not funding. Report Abuse
Nov 15, 2012
MrBean
@ Impela
Thanks for the insight & I will watch Bruce`s "the money show". In my own personal experience, I did everything that was expected of me to start the business (commercial farming) but could not succeed due to lack of funding. Alternatively I decided to self-sacrifice myself & do some savings for three yrs. I have bought a piece of land so far & next year i will be putting up structures to start with this venture. I have seen government programmes & some corporate social initiative of private companies come & go. More should be done & praises to Dr Nondumiso Mzizana.
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Comments
MrBean
Great work indeed. Funding is the main problem for entrepreneurs.Report Abuse
MasheleJ
"Higher Education Minister Blade Nzimande has again admitted the government has failed to improve the quality of education to bridge gaps between schooling, tertiary education and the job market."A solid education is the prime requisite for successful entrepreneurship and a poor educational system doesn't contribute to this.
For gosh sakes, people, Zuma declared the other day that the textbook delivery debacle has been ongoing for the past 10 years. He calls it a challenge... To deliver books? Once a year? For shame!!!
Please god we don't need to go to war - I don't think we'd get the army off the base...
Therefore it appears that these ANC cadres are unable to manage even such a simple task usually acomplished, in commerce, by a learner stock-room clerk. The adresses are on file! It's not %&*#@ rocket science!
So we got the Peter Principle effect - people, who're at the bottom of the curve, promoted far beyond the levels of their competency - which seems to be being limited to manage getting their feet into their shoes in the mornings.
For shame!!!!!
Report Abuse
Impela
MrBeanWith respect, Funding is NOT the main problem for entrepreneurs. In Bruce Witfield's programme yesterday there were entrepreneurs who turned a seed fund of R1000 to a turn over of R67 000.00. Please catch Bruce's "The Money Show" this afternoon from after 17h00 as they will be concluding the R1000 contest. Clearly lack of innovation, poor research and 'waiting for funding' is the limitation...not funding.
Report Abuse
MrBean
@ ImpelaThanks for the insight & I will watch Bruce`s "the money show". In my own personal experience, I did everything that was expected of me to start the business (commercial farming) but could not succeed due to lack of funding. Alternatively I decided to self-sacrifice myself & do some savings for three yrs. I have bought a piece of land so far & next year i will be putting up structures to start with this venture. I have seen government programmes & some corporate social initiative of private companies come & go. More should be done & praises to Dr Nondumiso Mzizana.
Report Abuse
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