Voting for small business part 2!
Firstly, let me take the time to honour all the mother’s out there. Yes, perhaps Mother’s day is somewhat commercialised, but it doesn’t detract from the essential and key role that mothers play in the building of our nation.
A huge thank you and appreciation.
Last week I referred to a post that encouraged us to vote for small business (stand behind, support and root for them)
Today I want to suggest a Manifesto. (A little tongue in cheek!) Thank you to Chari Kaufmann for the original words.
To strengthen, build and grow the economy, we can…….. (drum roll please)
And drink a cup of coffee!
Let me explain!
According to the Global Entrepreneurial monitor report (GEM), only 7% of South Africans are engaged in entrepreneurial activity. In a country where youth unemployment touches 60% in some areas, this is not good news.
There appears to be growing consensus that entrepreneurship should be introduced at lower levels and ages-at primary and high school level.
Thankfully, it is not just a concept waiting to be applied. I attended a WCED conference in April where entrepreneurial activity and focus is intentionally being brought into high school level.
Our CFE was established in 2015 with this imperative uppermost in mind-introduce entrepreneurship sooner. Teen entrepreneur, run by Lydia Zingoni, echo’s this refrain.
Raizcorp, a privately funded incubator, established its own school in 2015.
All of these are examples of…….aiming to introduce entrepreneurship sooner at a lower age/grade.
Small and Medium Enterprises (SMEs) have been identified as productive drivers of inclusive economic growth and development in South Africa and around the world. Some researchers have estimated that, in South Africa, small and medium-sized enterprises make up 91% of formalised businesses, provide employment to about 60% of the labour force and total economic output accounts for roughly 34% of GDP.
While contributing significantly to the economy, SMEs foster diversification through their development of new and unsaturated sectors of the economy. SMEs are considered an important contributor to the economy as drivers for reducing unemployment, especially since the formal sector continues to shed jobs. (Chairperson’s report Banking association)
By recognising and honouring the vital role of small businesses, simplifying their access to support and elevating the status of small…..we can build something big, significant and impactful.
I would like to suggest that one of the most powerful things those that have access to resources can do…..is to share some of these resources (give up).
It’s the kind of generosity and mindset shown in Marnus Broodryk (SA shark tank entrepreneur) by making his entrepreneurial book available to download free of charge. (see www.90rulesbook.co.za)
It is also seen in the gracious commitment of individuals and organisations like Rotary International and Cover magazine, as they volunteer mentoring time to help build into entrepreneurs on our program.
We also have the privilege of hero speakers and entrepreneurs who share nuggets and insights that make the theory live.
But “giving up” can involve small, seemingly insignificant acts. To those who are under resourced, that small act of generosity can be life changing.
And drink a cup of coffee
Some of my best networks, partnerships and opportunities have arisen accompanied by “a cup of coffee.”
It is also in this non- threatening environment that we can be exposed to new ideas, gain insight into other cultures and meet more people in the entrepreneurial ecosystem.
I trust that there was less hype and more hope in this manifesto
Voting for small business