The Money Show’s Bruce Whitfield interviewed Aurik Business Incubator Director and CEO Pavlo Phitidis.
Phitidis discussed five case studies of South African small businesses that are succeeding despite the tough environment they operate in.
Phitidis and Whitfield also took a call from 20-year-old Siyabulela Releni, founder and CEO of Itemz online.
Itemz has already raised R2-million.
Releni is troubled by young people’s concern regarding the lack of job opportunities.
He says they should be starting businesses from scratch instead.
Releni also founded www.kozekuse.co.za, a successful events and ticketing e-commerce platform.
Scroll down for quotes from the audio below.
In tough times many others are too afraid to act. This gives you an advantage.— Pavlo Phitids, Aurik Business Incubator
If you build in tough environments you instil in yourself good habits.— Pavlo Phitids, Aurik Business Incubator
This article first appeared on 702 : 5 small businesses that have grown despite very tough environments