Entrepreneurship 101

Tackling the Basics of Business Start-Up in South Africa

Entrepreneurship 101 aims to educate South Africans about the fundamentals of entrepreneurship while looking at a uniquely South African business environment. This book will help aspirant entrepreneurs understand the very basics of running a business in South Africa. It will discuss what entrepreneurship is all about and guide the reader on the journey of starting a business. It will take them from a business idea, on a step-by-step process to synching the deal with their first client. It will address, among others: how to raise start-up capital, identify the bottlenecks that many entrepreneurs face in our country as well as explaining our unique labour laws. South Africa is beset with a number of unique socio-political factors, i.e. the crisis of high unemployment, which often leads to poverty, and ultimately inequality and to high rates of crime. The National Development Plan (NDP) – our national policy until 2030, the private sector and government all agree that entrepreneurship is the only reasonable catalyst to solve the problem. The challenge, however, is that those who are most affected by the scourge of unemployment do not have a firm grasp of what ‘entrepreneurship' is. Joshula Maluleke has included a section on frequently asked questions at the back of the book in an attempt to provide in-depth answers to some of the questions he gets asked at his entrepreneurship talks. Questions like: Can I register my spaza shop? I have registered a business with CIPC and government has not given me an opportunity to do business, what must I do?