'We need contextual solutions for our real problems'

Despite the number of innovation hubs popping up in South Africa's city centres, entrepreneurs have been set up to fail, according to Business Enterprize Development Manager at Tshimologong, Shaun Randles.

Randles and founder of Jozi Angels, Abu Cassiem joined Azania to talk about the role of innovation hubs, what needs to change in the entrepreneurial landscape and how entrepreneurs should better themselves.

Speaking of building a culture of entrepreneurship, Randal says if you are looking to turn an idea into a business, you may want to change your approach.

I think poor entrepreneurs have been set up to fail in the past because they haven't been given clear guidelines on what they are looking at fixing or solving.

Shaun Randles, Business Enterprize Development Manager at Tshimologong

That needs to be the culture mindset change that needs to happen in South Africa - stop trying to build an Uber, ora lift or copycat of an American product and let's start building contextual solutions for our real problems.

Shaun Randles, Business Enterprize Development Manager at Tshimologong

Cassiem says there can be frustrations across the board.

Entrepreneurs not being able to get the funding they need to start a business and then the angels looking at entrepreneurs and saying you need to be a bit further along before we invest in you. Money at the moment is an investors market...

Abu Cassiem, Founder of Jozi Angels

He says entrepreneurs should develop their business and solutions over time.

Start at point A, where you are now. Go and do whatever it is you are doing on a much lower scale, develop your business and your solution overtime. Work your way to that vision, sometimes you find they can bootstrap for quite some time before they need external funding...

Abu Cassiem, Founder of Jozi Angels

Click on the link below to listen to the full conversation...


Recommended

by NEWSROOM AI
Read More
[WATCH] Brian Temba serenades listeners on #702Unplugged

[WATCH] Brian Temba serenades listeners on #702Unplugged

Musician and songwriter Brian Temba performs live on 702 Unplugged.

How to address issues of racism with children

How to address issues of racism with children

BabyYumYum founder Amanda Rogaly gives tips on how to nurture non-racial attitudes in children.

SA second most stressed nation in the world - Here's what you can do about it

SA second most stressed nation in the world - Here's what you can do about it

Health and Performance Educator and Consultant, Richard Sutton discusses methods for de-stressing.

4th Industrial Revolution: How SA can avoid excluding an entire generation

4th Industrial Revolution: How SA can avoid excluding an entire generation

Dr Corrin Varady says government is sitting on a ticking time bomb if it doesn’t equip educators to teach for a digitised future.

Motoring: Why it's best not to check your tyre pressure at a filling station

Motoring: Why it's best not to check your tyre pressure at a filling station

Azania speaks to motoring journalist Lance Branqunho on everything you need to know about the up-keeping of your tyres.

Usasazo High School is empowering their learner’s through Entrepreneurship

Usasazo High School is empowering their learner’s through Entrepreneurship

Teacher Coordinator at the YES club Kadima Kayembe chats about the conceptualization of the club, and what it aims to do.

Popular articles
Zuma's permanent stay of prosecution bid puts NPA on trial, says Karyn Maughan

Zuma's permanent stay of prosecution bid puts NPA on trial, says Karyn Maughan

Reporter Karyn Maughan shares latest in Jacob Zuma's high court bid to have corruption charges against him permanently dropped.

Best way to invest the jackpot if you win the lotto

Best way to invest the jackpot if you win the lotto

More than 70% of lotto winners go broke, warns Warren Ingram, a personal financial advisor at Galileo Capital.

South Africa can have cheap electricity, forever! – former Eskom engineer

South Africa can have cheap electricity, forever! – former Eskom engineer

The Money Show’s Bruce Whitfield interviews Dr Tobias Bischof-Niemz, CEO at ENERTRAG South Africa.

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

TymeBank has no branches and no monthly fees. Most transactions are free. Bruce Whitfield interviews its CEO.

Survey reveals SA teachers 'emotionally overwhelmed'

Survey reveals SA teachers 'emotionally overwhelmed'

A report has revealed that many teachers feel overwhelmed and often feel they must step into the role of a 'proxy parent'.