More than 80% of businesses operate on a loss, and this is because most people lack business management skills.
Our goal is to have at least 20 young people from Diepsloot running and managing economically viable businesses that contribute to the economic development through skills development and job creation.
Our young aspiring entrepreneurs are already aware of some of the most common economic factors and how they can impact negatively on their businesses. Issues if inflation and VAT, together with economic downturns depending on the type of market that one operates in. Young people are also given computer skills to help them venture into online-based businesses.
This follows the vision of “changing the way young people think about themselves’.