Cultivating a Culture of Entrepreneurship in South Africa
The unemployment rate in South Africa is currently at a staggering 34.4%. That’s 7.826-million people without jobs. First-world, developed countries that do not have this problem, also have something else we do not have – many entrepreneurs. Why is there such a shortage of entrepreneurs in this country? Could it be that we aren’t encouraging or rewarding entrepreneurial thinking enough? The pandemic may have clipped the wings of many start-ups, but it has also seen many innovators coming to the fore. Why we need to cultivate a culture of entrepreneurship in SA: 1. It creates jobs and assists in growing the economy Let’s look at the most obvious benefit first. Entrepreneurs create businesses and businesses essent […]