After the Bell: Why is entrepreneurship so undervalued in SA?
“What holds you back from starting a business?” Business Partners Limited finds less than one in 50 South Africans owns an established business. The biggest reason is “fear of failure”, and it is an outstanding reason in SA. Even if you have the money and skills, starting your own business takes guts. It’s just hard. It’s a huge leap, one that is massively underappreciated. SA entrepreneurship is not where it should be. For things to change, we have to be slower with the rule book and quicker with encouragement. Just imagine what it could do for our unemployment figures.