There is much debate about why SA’s level of entrepreneurial activity is so low. Often policy issues are flagged: the red tape involved in starting businesses; rigid labour laws; and insufficient access to funding.

Obviously, these are important. But entrepreneurship is as much a behavioural activity as an economic one. You need to understand the animal spirits involved. So, as a starting point, let me raise a few myths around SA entrepreneurship today...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now