- SME Brief
- Posts
- Open for Business 🔑
Open for Business 🔑
Looking for your next BIG idea? We got you!
Is it possible to scale a corner store? Yes, but MINDSET has a lot to do with it. Long-time collaborator, Bulelani Balabala, who is an entrepreneur and founder of the Township Entrepreneurs Alliance (TEA), shared that it begins with seeing your business as an "opportunity business and not as a response to circumstance and necessity.”His other advice, which applies whether you have a township-based business or not, is:
1. You must have a desire for growth.
2. Continually build your knowledge.
3. Network like a pro. Full article on Scaling Your Township Business HERE. This advice comes just in time for our updated Hot Township Business Ideas Guide which now has
6 NEW township business ideas in Tourism, Hospitality, Entertainment and Logistics. Your Township Business Guide HERE. +++ PLUS +++We have also updated our Business Ideas for University Students Guide. We have ideas for Service-based and Product-based businesses .... and NOW Online business ideas. Your Business Ideas for University Students Guide HERE.
Tip of the week
Is the fear of failure or rejection holding you back?
Shoot your shot!
“It is hard to fail, but it is worse never to have tried to succeed.” -
Theodore Roosevelt
Other RESOURCES on the website this week:
Entrepreneur Support: How to Join Township Entrepreneurs Alliance (Mentorship & Support) Township-based entrepreneurs can join TEA to access to enterprise development, networking initiatives and pitching workshops, and ultimately learn how to grow their businesses.
Business Plan for Startups(Downloadable Template) Download a business plan template to help you put together your market analysis, objectives and mission.
Remember you can ask your questions to any of our experts, join our SME FORUM here
What's Popular in SME South Africa
Stories others are reading on the website: