Create Opportunity

Start A Business

This is the first official post of Entrepreneurs on the Move, giving young people an opportunity to grow and make it in the business environment. The main objective of Entrepreneurs on the Move is to recognise young business leaders and share with the potential of growth with the world, creating an interactive environment for them to share ideas, learn about the industry and from each other.

http://www.smesouthafrica.co.za/wp-content/uploads/2014/05/sustainablity-lr.jpg

According to Trading Economics, South African unemployment rate has increased from 25.2% in the first quarter of 2014 to 25.5% in the second quarter of 2014; known as the worst rate of jobless people seen since the first labour force survey in 2008. We find more and more unemployed graduates from different areas of the country.

WE BLAME THE GOVERNMENT BUT WHAT ARE WE DOING ABOUT IT???

More and more young people are starting their own business because “finding a job is a job on its own” said Reamogetse Motsepe, Independent Field Advertiser and small time business owner.

How can one make small businesses work in South Africa?

Small, Medium and Micro Enterprises contribute about 40% of South Africa’s GDP, and employ more than half of the private sector work-force. About 80% of new jobs in the world economies are being created through SMMEs, making small businesses a key player in this day and age’s economy.

Before you dabble in the business sector there are key basics that one should take into consideration:

• ·         Evaluate your strengths and weaknesses
• ·         Find out if you are a self-motivated
• ·         Are you willing to work long hours?
• ·         You have to be a good decision maker
• ·         Must have proper planning skills

What is the perfect SMME?

• v  Antique refurbishment
• v  Babysitting
• v  Bed and breakfast
• v  Blogging
• v  Cake decorating
• v  Catering
• v  Cleaning services for businesses
• v  Network marketing
• v  Event coordinator
• v  Event DJing
• v  Landscaping services
• v  Beauty and cosmetics

Before you start any business, one you should do research about the industry you are looking at expanding into, scan your environment for competitors, opportunities that align with your business idea, possible threats that you might encounter through your journey, also visualize the “idea” of your successful business.

“Remember If You Align Yourself with Success, You Are Bound To Attract Success” 

Share your business and story with us:

getse.motsepe@gmail.com

www.facebook.com/Motsepe911

@MotsepeCharlie