All South Africans should help to cultivate a start-up culture
There is no question that entrepreneurship would help turn the tide against endemic unemployment and introduce much-needed foreign investment and talent to SA
The state of our economy is the result of not only global difficulties, but our own failings, lack of foresight and lack of a national vision. With creativity and co-operation among all stakeholders, problems such as unemployment, the brain drain and social fragmentation can be solved. The Wandile Zulu Foundation and Batlagae Trust recently hosted a youth economic crowdstorming summit to facilitate a forum where young entrepreneurs can share an economic vision with the aim of kick-starting the economy. San Francisco, Tel Aviv, Berlin, Copenhagen and Beijing have become booming tech start-up hubs, attracting jobs, investments, scarce talent and so much more. Entrepreneurs in such cities are solving real problems affecting millions of people, while encouraging others to take the plunge into the entrepreneurial deep end. SA too could leverage this potential by unlocking barriers to the four major components of a start-up ecosystem: talent, investors, culture and government. Only when t...
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