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What Dragon’s Den judge Polo Leteka believes and hope for (and fear) about money

I was a typical black South African who made do with whatever means we had available.

Polo Leteka, Dragon's Den

I earned my first salary as an articled clerk at an auditing firm. I couldn’t spend it, because I had a student loan to pay back.

Polo Leteka, Dragon's Den

I like bags. I can’t tell you the most I’ve spent on one! I’ll come across as very irresponsible!

Polo Leteka, Dragon's Den

Sometimes the things in the stores call my name out!

Polo Leteka, Dragon's Den

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays” feature.

This week Whitfield interviewed Polo Leteka, Director and co-Founder at IDF Capital.

Leteka is probably more well-known to most South Africans as a judge on Dragon’s Den South Africa.

Listen to the dragon bare her soul in the audio below (and/or scroll down for more quotes from it).

My earliest memory of money is that it paid for school fees and clothes.

Polo Leteka, Dragon's Den

My mother was the Minister of Finance.

Polo Leteka, Dragon's Den

I was surrounded by women entrepreneurs growing up.

Polo Leteka, Dragon's Den

My mother wanted us to go to private school, but didn’t have the means.

Polo Leteka, Dragon's Den

I realised at an early age that I would never be able to squeeze money out of my mother.

Polo Leteka, Dragon's Den

I made my first money selling sweets at school.

Polo Leteka, Dragon's Den

I did get trapped by my credit card as a young person.

Polo Leteka, Dragon's Den

I don’t believe in insuring my phone. But my car I will insure.

Polo Leteka, Dragon's Den

One of the best money decisions I’ve ever made was to invest in timeshare.

Polo Leteka, Dragon's Den

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Article brought to us by Old Mutual.


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