As training began countrywide on the Entrepreneur 1000 programme, aspiring entrepreneur, Mpho (30) from Germiston described the project in one word – “wow.” The fledgling business owners learnt that they must “be passionate go-getters and risk-takers.”
“I am going to register my company now!” Mphileli (26) from Roodepoort wrote as feedback afterwards. “The project is a good initiative for young Africans who want to become entrepreneurs,” Delani (28) from Pretoria enthused, “The training has enlightened me to put my ideas into practice. I can start my business now.”
Absa Provincial Manager of Enterprise Development, Charlton Thangalan, expressed Absa’s support of the programme, “For Absa, supporting small business is a key focus of our Shared Growth strategy and it is wonderful to be able to support such passionate entrepreneurs as they look to begin their journey to becoming business owners”.
“It was great to connect with other entrepreneurs out there and hear all the ideas,” Tsholofelo (26) from Johannesburg felt. Participants said that they learnt the basic concepts around entrepreneurship, what it takes to be an entrepreneur and successfully run an establishment. The training was described as very informative and assisted the students to realise critical entrepreneurial principles.
“It was very helpful in helping me understand why my idea hasn’t taken off,” Zanele (33) from Johannesburg said. Many felt that the sessions were interactive, as Pascal (39) from Van der Bijl Park voiced, “The facilitator could answer the difficult questions and concerns that entrepreneurs are grappling with.”
The workshop was a real eye-opener and motivation to keep on keeping on. “It was extremely educational to learn the importance of market segmentation,” Thathani (39) from Johannesburg felt, “Having a specific target audience is definitely something I will take and apply to my business model.”
“I am going to my place now to sit down and draft a real business plan – this training has awoken the fire in me,” Thabo (23) from Johannesburg concluded.
The Entrepreneur 1000 programme is seeking 1000 aspiring entrepreneurs across Johannesburg, Bloemfontein and Durban to learn what it takes to become an entrepreneur, the essential requirements for running a business and how to develop a business concept. The top 90 entrants will then undertake a three-day business workshop.
About the Entrepreneur 1000: Entrepreneur 1000 is a programme hosted by the Regenesys Foundation, a non-profit supported by Regenesys Business School.
About Absa Bank: Absa is committed to Shared Growth, which means having a positive impact on society and delivering shareholder value. As we grow society prospers, as society prospers we grow.
As a leading financial service provider, we do this is by offering innovative financial solutions and business development support services to small businesses to nurture the entrepreneurs of tomorrow. The Entrepreneur 1000 initiative, delivered by Regenesys Business School is an example of how we are enabling young people to create their own futures.