Entrepreneurs beware where angels fear to tread

Absence of evidence is not evidence of absence.Translated to startup-speak:A lack of competitors doesn’t mean no one has ever tried to compete in a given area.Many aspiring entrepreneurs come up with a great idea and look around to see no one chasing the opportunity.“YES! Its a greenfield! No competition, I can create a monopoly!”What the…

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A dummy’s guide to starting a business

Here’s a dummy’s guide to starting a business in South Africa based on what has worked (and not worked) for me over the past 13 years:1. Find an ideaThere is no shortage of ideas out there. The trick is to find the one that plays to your strengths and that has the highest odds of not…

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