'Start-ups will take us into the future' says venture capitalist Michael Jordaan

Small businesses and start-ups are the next frontier in developing the economy and creating jobs amid the unfavourable economic climate.

Jordaan advised individuals to find ways to fund their own businesses rather than approaching banks to acquire funds.

702/Cape Talk's #FridayStandIn, Michael Jordaan, explores the issue with listeners.

Listen to the conversation below:

Start-ups are the single biggest thing that will take us into the future. If you come up with an idea, the best way is to start a business around it.

Michael Jordaan, venture capitalist

Find something that you think is a problem and solve it. There's so many things that need resolution from education, technology, health.

Micahel Jordaan, venture capitalist

My concern is around capacity building and what process should we be going through to ensure that a higher percentage of people will come through the other end?

John, caller in Wellington

How do small guys like myself get in touch with other channels of funding like venture capitalists because we know that we can't go to the banks as they require things that we just don't have.

Sbu, caller in Midrand

Jordaan spoke to various business people regarding the services they offer, as well as advice they could impart for individuals looking to venture into the world of entrepreneurship.

My experience with the South African tech ecosystem is that people are far more risk averse and much more conservative than they are in places like Silicon Valley and New York.

Elizabeth Gould, codeX

This article first appeared on 702 : 'Start-ups will take us into the future' says venture capitalist Michael Jordaan


CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
'ANC hasn't stuck to its own campaign rules'

'ANC hasn't stuck to its own campaign rules'

Many ANC delegates are brandishing T-shirts and posters declaring their preferred presidential candidate, reports Govan Whittles.

'#ANC54 is not the big game'

'#ANC54 is not the big game'

Political analyst Sithembile Mbete looks at why it is all about winning state power and who holds that power in government.

[LISTEN] Whatever the outcome, it's all varying degrees of bad - Richard Poplak

[LISTEN] Whatever the outcome, it's all varying degrees of bad - Richard Poplak

Journalist Richard Poplak shrares his analysis of the current state of the ANC and its future after the national conference.

New ANC leadership must be firm on state capture - Mantashe at last SG address

New ANC leadership must be firm on state capture - Mantashe at last SG address

Outgoing secretary general Gwede Mantashe, in his final press briefing, says state capture debate continues to divide the party.

#ANC54 Three CNN journalists intimidated, threatened with arrest

#ANC54 Three CNN journalists intimidated, threatened with arrest

The group are said to have crossed a barricade separating delegates from journalists, before being ushered to a room.

#ANC54 The bigger the body the harder it is to make decisions - Stephen Grootes

#ANC54 The bigger the body the harder it is to make decisions - Stephen Grootes

Political reporter and talk show host Stephen Grootes reviews some of the proposed changes around the ANC's NEC.

Popular articles
#ANC54 Final Top 6 Nominees

#ANC54 Final Top 6 Nominees

The African National Congress (ANC) has announced its official nominees for the party's top leadership.

When nominations at  ANC’s ‘terrible, but awesome’ conference can begin

When nominations at ANC’s ‘terrible, but awesome’ conference can begin

702/CapeTalk presenter Eusebius McKaiser interviews veteran journalist Karima Brown and HuffPost SA’s Carien du Plessis.

‘A spectacular display [by Baleka Mbete] of sucking up to ensure a paycheque’

‘A spectacular display [by Baleka Mbete] of sucking up to ensure a paycheque’

eNCA’s Jeremy Maggs interviews political puppet Chester Missing about his views on Baleke Mbete’s endorsement of Cyril Ramaphosa.

ANC decides it will have only one Deputy President

ANC decides it will have only one Deputy President

The bid to introduce a second Deputy President has failed.

Zuma went for everyone he considers an enemy - Justice Malala

Zuma went for everyone he considers an enemy - Justice Malala

On Saturday, the President delivered his political report with a few scathing words directed at his detractors.

'Banned ANC delegates have shot themselves in the foot, got what they deserved'

'Banned ANC delegates have shot themselves in the foot, got what they deserved'

Deputy Editor of Financial Mail, Sikonathi Mantshantsha says branches were warned but did not listen, and he has no sympathy.

Adam Habib: Where would the money to fund free education come from?

Adam Habib: Where would the money to fund free education come from?

Vice-Chancellor of Wits University Adam Habib says Zuma's promise requires about R40 billion in order to be fulfilled.

LISTEN: Father of drowned toddler speaks of dangers and heartbreak

LISTEN: Father of drowned toddler speaks of dangers and heartbreak

Connor Weber, fell unnoticed into a bin of water and drowned.