Michael Gerber raises an interesting observation, in his book eMyth Revisited, he says "The problem is that everybody who goes into business is actually three people-in-one: The Entrepreneur, The Manager, and The Technician. And the problem is compounded by the fact that while each of these personalities wants to be the boss, none of them wants to have a boss. So they start a business together in order to get rid of the boss. And the conflict begins." This means that in a partnership there are actually more people than the eye meets. Without this knowledge, friction and worse still breakup is guaranteed. To be successful in business, reading broad and wide cannot be overemphasized.
Introduction to theblastoff.org
Welcome to "theblastoff.org", a blog dedicated to empowering entrepreneurs and small business owners in South Africa and Africa. We aim to provide actionable advice and research-backed strategies to help you navigate the unique challenges of the region. Current Issues in Entrepreneurship Entrepreneurship in this context faces several hurdles, including: Funding Access : Many struggle to secure loans or investments, with South Africa rating access at just 3.4 out of 10. High Failure Rates : 66% of small businesses in South Africa fail within five years, often due to unprofitability and bureaucracy. Operational Challenges : Issues like load shedding and high costs due to poor infrastructure disrupt operations. Fear and Digital Gaps : 53% fear failure, and only 52% plan to use digital tech for sales, limiting growth. How "theblastoff.org" Assists Our blog combines insights from successful businessmen and academic research to offer: Practical tips on funding, marketing,...
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