Phuthuma Nhleko, CEO of MTN Group, could receive R300m from the group’s takeover of a structure that was set up to boost black ownership of the company, Business Report said on Wednesday last week. Earning 300 Million may seem out of reach for the rest of us, that is not the case with Zimbabwe. What I am trying to preach is that earning a big sum like that is not out of our reach here in South Africa. What may be out of our reach is something more subtle. I have a business idea that I shared with my family and the advise I got was that I should get a good job and earn my starting capital. This is fine if you are starting a corner shop,barber shop or butchery. But think of a bank, who would start a bank with their salary, Bill gates and Warren Buffet might struggle to start a small one so what are your chances. The big companies are started by “going out to the MARKET”.

I am afraid most of us colourful Africans are not yet aware what the market is and we do not participate fully yet.  What I mean by the “market” is a place to get funding in order to make big business. Most individuals do not have the knowledge of who to approach. The South African government has done well in initiating programs that we can source funding for company growth and start ups of new companies. To earn the big pay cheque an individual has to come up with a brilliant business idea, then source funding and start it. The rest will be details. When you have the idea, the Internet is a powerful tool, use it to find who to approach and learn material on how to present and what to present. You can also find out exactly what legal compliance you need and so on. I encourage us (black) colourful people to learn from our (white) colourless who have made cars, banks, shoe companies, tissue companies and so on which we all use. Each of the big companies be they makers of toilets or tissue, perhaps even scrap metal. Most of these guys earn it, we should also earn it.

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