Small Business Focus

Why South Africa needs entrepreneurs (not employees)

(Click here for more articles on small business.)

South Africa’s unemployment rate is the stuff of legends.

We need entrepreneurs (read “employers”), not more employees.

The Money Show’s Bruce Whitfield interviewed Ben Bierman, MD Designate of Business Partners, who discusses the following:

  • Why we need entrepreneurship/entrepreneurs.

  • How we can stimulate entrepreneurship in South Africa.

  • Whether entrepreneurs are born or made.

Scroll down for quotes from the audio below.

Small businesses are such efficient creators of wealth and economic opportunities.

Ben Bierman

Entrepreneurship is a noble endeavor.

Ben Bierman

Entrepreneurs make up about 7% of South Africa’s population. This is far below the average for countries at our level of development.

Ben Bierman

We right off about 4% of our investments every year.

Ben Bierman

We stay with a partner as long as she or he wants us.

Ben Bierman

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