STREET TALK
Capital scarcity — the extreme challenges of starting your own business in South Africa
(Image: Supplied)
Being your own boss means making your own rules, following your passion, and driving your own success. It also means working overtime, battling fickle consumers, and a lack of support from the government. If being an entrepreneur means that you’re helping the economy and creating jobs, what is the government doing to say ‘thank you’?
Entrepreneurs discuss the challenges involved in starting your own business, especially in townships.
This film was produced by Street Talk.
Street Talk is a groundbreaking television series aired weekly on community television. From grassroots to the establishment, our engaging programmes expose the lived realities and uncensored views of ordinary South Africans.
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I see at least one business case a month seeking a new home for a new but plain boring manufacturing concern – machines, new jobs, etc. most are feasible but the jockey simply cannot raise the capital (not being a trust baby with surety). Some have vendor finance for the equipment – literally talking about the working capital to get going. Most have jockeys with experience in manufacturing startups and operations. Maybe they should be pitching distributed finance crypto relationship management to get funding. Maybe the jockeys are the wrong sex and race. Whatever, the economy is the loser.