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Four entrepreneurship archetypes

Research has identified four entrepreneurship archetypes in the South African SME market and identified the components that needs to be strengthened to ensure that these archetypes thrive:High-tech Entrepreneurship Model -  In this model intellectual property (IP) is developed by research universities or centers and commercialized with support from angel investors and venture capital. External...

Four mentors every entrepreneur needs

Even the most successful entrepreneurs have found value in mentorship relationship. Business mentor and founder of Promentor, Brent Combrink says mentorship can offer  many benefits including have an opportunity to have a sounding board to help validate and guide your decisions.According to Brent Combrink, every entrepreneur should invest time in acquiring four types of...

Are SMMEs reluctant to adopt tech or simply out of their depth?

Technology has become a key driver of efficiency and therefore the success of multinational businesses, so it is interesting that SMMEs are not embracing this trend. There are a number of issues which prevent startups from embracing technology, chief among these is digital illiteracy.When compared to global counterparts, research shows that South African business owners...

How shared office space saves you money

Co-working spaces are a cost-effective alternative to working from home, while balancing professionalism to your  and partners as well as maintaining productivity, here are a few reasons why:Save on working space costs - business owners can select daily or monthly plans and are in control of how much they pay Costs of facilities - rates...

Why shared workspace is more than desks and chairs?

As the growth of small businesses in South Africa continues to accelerate, there is a need to ensure that the small businesses get all the support they need in order to achieve long-term sustainability. Along with the government, independent incubators and shared workspaces are also their bit to fill this gap.Part of this involves...

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