Since its inception 14 years ago, Silulo Ulutho Technologies has evolved from being a struggling computer repair entity to one of the leading business and entrepreneurial schools in South Africa.
In this segment of South Africans Doing Great Things, #NightTalk host Gugu Mhlungu chats to the CEO and founder of Silulo Business Incubation Luvuyo Rani.
Rani says that when he was a teacher, the Government introduced Outcome Based Education.
I noticed that my colleagues struggled to use their computers, so they would ask me for assistance he says .
I decided to resign without a plan or funding... I saw an opportunity and then I resigned.— Luvuyo Rani, CEO and founder of Silulo Business Incubation
Rani says that when he resigned, he initially started in the cleaning business.
My brother borrowed R10 000 from the bank to start our business but we noticed that there was power in Stokvels says Rani.
He adds that they were losing a lot of money, so they decided to look for a third business partner.
It was very, very difficult because when I stopped teaching I didn't have that many savings.— Luvuyo Rani, CEO and founder of Silulo Business Incubation
Click on the link below to hear about how the business...
This article first appeared on 702 : #SADGT: From humble beginnings, to one of the leading business schools in SA