Our Young Entrepreneurs Share Their Start-Up Secrets

Neftaly Malatjie – Southern Africa Youth Project

“I wanted to change the way young people think about themselves,” says Neftaly Malatjie, Founder of Southern African Youth Project. “The training takes place in communities in Gauteng and provides young people with enough skills to help them to get jobs.”

The projects aim is to bring hope to young people in the community through entrepreneurship training, sewing and interior design workshops, workplace skills development, career counselling, and computer training.

The Lesson

“Early on, I secured funding from a large corporate, and without thinking I spent the entire annual budget in a week,” Malatjie recalls. “I had signed a contract and eventually got into personal debt to cover the expenses for the rest of that year. This happens when your enthusiasm for your project overrides logic.”

“There were so many problems that need rectifying; that I wanted to fix them all at once, a lack of focus almost destroyed my dream. Whatever you set out to do, first allocate your budget and resources, especially with donor funds,” advises Malatjie.

The future of entrepreneurship has never looked so bright…these young entrepreneurs share their wisdom around building a successful business.

Source: 10 Young Entrepreneurs Under 30 Share Their Start-Up Secrets | Entrepreneur – Part 6

Originally posted 2017-11-30 10:27:34.

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