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Entrepreneurship
What is an Entrepreneur?
Entrepreneurship
◦ The ability to develop, organize and manage a business idea along
with risks in order to make a profit.
◦ What are some examples of businesses that you see on a regular basis?
Imagine your Future
◦ Everybody close their eyes and take 2 minutes to visualize your life as an adult in 10 years.
◦ What would you like to be when you grow up?
◦ What steps should you take to meet your goal?
On your piece of paper write down what you want to be. Keep your paper and bring it with you tomorrow.
Rules
Think of something that you are interested in.
Be creative!
Focus on a specific activity that you enjoy.
Agricultural Business Ventures
Industry
◦ Gardening
◦ Nursery (Plant Production)
◦ Farming ( Fruit, Vegetables, Ostrich)
◦ Restaurant Owner/ Chef
◦ Florist
◦ Extension/ consultant
◦ Teaching
◦ Wine making
◦ Environmental Consultant
◦ Food Scientist
Corporate World
◦ Herbal Pharmacy
◦ Ag. Entrepreneur
◦ Exporter/ Importer
◦ Equipment Manufacturer ( Tractors, Irrigation,
etc.)
◦ Plant/Animal breeder
Young Entrepreneurs- Khanyi Dhlomo
Founder and Managing Director of Ndalo Media
Khanyi Dhlomo is presently the Managing Director
of Ndalo Media, which she founded in 2007.
She is the head publisher for two of the most
successful South African
magazines: Destiny and Destiny Man.
Created the online media site, Destiny Connect.
Dhlomo was noted as one of Africa’s most
successful women by Forbes Magazine in 2011,
Awards:
Magazine Editor of the Year
Most Influential Woman in South African Media.
Young Entrepreneurs-Lynette Magasa
Founder and chief executive of Boniswa Corporate
Solutions
Born in Swaziland
Magasa created a telecom start-up business in 2004
Now the proud owner of one the most successful black-
owned telecoms businesses in Africa – Boniswa
Corporate Solutions.
Operational in Gauteng, Mpumalanga, the Eastern Cape,
Limpopo, as well as Swaziland, Botswana, Mozambique
and Zambia.
A BEE-compliant company
Awards include:
The BBQ 2013 Trade and Investment KwaZulu-Natal New
and Innovative Business award.
Business Women of the Year in 2013.
Young Entrepreneurs – Ludwick Marishane (22)
According to the Entrepreneurs’ Organisation, Ludwick
Marishane is the best student entrepreneur in the world.
Started businesses as a teenager in Limpopo.
Many failed, like his own brand of biodiesel, healthy cigarettes
and a security magazine.
Started HeadBoy Industries, a business that designs and
commercialises new products and services in South Africa.
One of its products, DryBath, is the world’s first bath-
substituting solution. It is easy to use and needs minimal
water. It moisturises the skin, kills germs, and leaves the user
smelling fresh.
If that is not enough, Ludwick was also named by Google
among the 12 most intelligent young brains in the universe.
Young Entrepreneurs – Ashley Uys (29)
Ashley Uys (29) – @AshleyTUys
Founder of Medical Diagnostech, a company that
develops and markets affordable and reliable
medical test kits for malaria, pregnancy, syphilis,
and HIV/Aids for Africa’s rural poor.
Malaria test kit can reportedly detect all strains of
malaria and indicate within 30 minutes whether the
malaria treatment provided is effective.
Each test kit costs R4, effectively bringing reliable
malaria diagnosis into the hands of millions of
people
This company is set for huge success!
Activity
 Questions from each activity will allow you to think critically
and develop a basic business plan.
 Each group will work independently to generate answers.
 Tomorrow, each group will present their Business plan
 ! The most Creative and Productive business
plan will win a Special Prize !
Answer the questions with your group members.
Questions To Answer
1. What type of agricultural job will you develop?
2. What Product or Service Will You Offer?
3. Where Will Your Business Be Located ?
4. How Will This Product or Service Benefit The Community?
5. How Will You Make Your Product or Service Unique?
6. Come Up With A Creative Name For Your Business.
Questions?
Marketing
What is Marketing?
Why is it important?
1. Marketing helps to move products faster
◦ Example: Because fruits and vegetables rot, the faster the you
move the product, the faster the producer makes the money.
Producers will not make money off of rotten fruit.
2. It creates a network for producers and consumers
◦ Pen and paper demo
◦ Also, fruit and vegetables
3. It provides products in the manner that consumers
want to buy
◦ Examples
Marketing
Definition: The bridge between the producer and the
consumer
◦ What is a producer?
Someone who supplies a product. (ex. A farmer)
Money-maker
◦ What is a consumer?
Someone who purchases a product (ex. Your mom)
Money-spender
The Four P’s
1. Product
2. Price
3. Place
4. Promotion
1. Product
◦ What the producer sells, and the consumer buys.
2. Price
◦ The cost of the product
3. Place
◦ Where the product is sold
4. Promotion
◦ How you sell the product
Target Market
Communication
<iframe width="420" height="315"
src="https://www.youtube.com/embed/LB5ARpC22TE"
frameborder="0" allowfullscreen></iframe>
It’s a big world out there!
From small/local market to the world!
Activity
 Questions from each activity will allow you to think critically
and develop a basic business plan.
 Each group will work independently to generate answers.
 Tomorrow, each group will present their Business plan
 ! The most Creative and Productive business
plan will win a Special Prize !
Answer the questions with your group members.
Questions to Answer
7. What is the product that you are selling?
8. What way will you promote your product?
9. What is the price of your product?
10. Where will you sell your product?
Questions?
Budgeting
What is a Budget?
A way to keep track of how much money you spend and earn.
It is also a good way to track where your money is going.
What is budgeting?
Why do you budget?
Budgeting is important because it allows you to track the
money you spend which depends on the amount of money
you have.
How to do your budget?
All Income→ the amount of money coming in.
All Expenses→ the amount of money that is spent from your business.
Different Budgeting Plans
Seasonal
Yearly
Example of Business Budgeting
Plan
Activity
 Questions from each activity will allow you to think critically
and develop a basic business plan.
 Each group will work independently to generate answers.
 Tomorrow, each group will present their Business plan
 ! The most Creative and Productive business
plan will win a Special Prize !
Answer the questions with your group members.
Questions to Answer
11. How much money do we have?
12. How much money do we need?
13. How much did we spend?
14. How much money did we save?
Questions?

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South Africa School Project FINAL(Solo)

  • 2. What is an Entrepreneur?
  • 3. Entrepreneurship ◦ The ability to develop, organize and manage a business idea along with risks in order to make a profit. ◦ What are some examples of businesses that you see on a regular basis?
  • 4. Imagine your Future ◦ Everybody close their eyes and take 2 minutes to visualize your life as an adult in 10 years. ◦ What would you like to be when you grow up? ◦ What steps should you take to meet your goal? On your piece of paper write down what you want to be. Keep your paper and bring it with you tomorrow. Rules Think of something that you are interested in. Be creative! Focus on a specific activity that you enjoy.
  • 5. Agricultural Business Ventures Industry ◦ Gardening ◦ Nursery (Plant Production) ◦ Farming ( Fruit, Vegetables, Ostrich) ◦ Restaurant Owner/ Chef ◦ Florist ◦ Extension/ consultant ◦ Teaching ◦ Wine making ◦ Environmental Consultant ◦ Food Scientist Corporate World ◦ Herbal Pharmacy ◦ Ag. Entrepreneur ◦ Exporter/ Importer ◦ Equipment Manufacturer ( Tractors, Irrigation, etc.) ◦ Plant/Animal breeder
  • 6. Young Entrepreneurs- Khanyi Dhlomo Founder and Managing Director of Ndalo Media Khanyi Dhlomo is presently the Managing Director of Ndalo Media, which she founded in 2007. She is the head publisher for two of the most successful South African magazines: Destiny and Destiny Man. Created the online media site, Destiny Connect. Dhlomo was noted as one of Africa’s most successful women by Forbes Magazine in 2011, Awards: Magazine Editor of the Year Most Influential Woman in South African Media.
  • 7. Young Entrepreneurs-Lynette Magasa Founder and chief executive of Boniswa Corporate Solutions Born in Swaziland Magasa created a telecom start-up business in 2004 Now the proud owner of one the most successful black- owned telecoms businesses in Africa – Boniswa Corporate Solutions. Operational in Gauteng, Mpumalanga, the Eastern Cape, Limpopo, as well as Swaziland, Botswana, Mozambique and Zambia. A BEE-compliant company Awards include: The BBQ 2013 Trade and Investment KwaZulu-Natal New and Innovative Business award. Business Women of the Year in 2013.
  • 8. Young Entrepreneurs – Ludwick Marishane (22) According to the Entrepreneurs’ Organisation, Ludwick Marishane is the best student entrepreneur in the world. Started businesses as a teenager in Limpopo. Many failed, like his own brand of biodiesel, healthy cigarettes and a security magazine. Started HeadBoy Industries, a business that designs and commercialises new products and services in South Africa. One of its products, DryBath, is the world’s first bath- substituting solution. It is easy to use and needs minimal water. It moisturises the skin, kills germs, and leaves the user smelling fresh. If that is not enough, Ludwick was also named by Google among the 12 most intelligent young brains in the universe.
  • 9. Young Entrepreneurs – Ashley Uys (29) Ashley Uys (29) – @AshleyTUys Founder of Medical Diagnostech, a company that develops and markets affordable and reliable medical test kits for malaria, pregnancy, syphilis, and HIV/Aids for Africa’s rural poor. Malaria test kit can reportedly detect all strains of malaria and indicate within 30 minutes whether the malaria treatment provided is effective. Each test kit costs R4, effectively bringing reliable malaria diagnosis into the hands of millions of people This company is set for huge success!
  • 10. Activity  Questions from each activity will allow you to think critically and develop a basic business plan.  Each group will work independently to generate answers.  Tomorrow, each group will present their Business plan  ! The most Creative and Productive business plan will win a Special Prize ! Answer the questions with your group members.
  • 11. Questions To Answer 1. What type of agricultural job will you develop? 2. What Product or Service Will You Offer? 3. Where Will Your Business Be Located ? 4. How Will This Product or Service Benefit The Community? 5. How Will You Make Your Product or Service Unique? 6. Come Up With A Creative Name For Your Business.
  • 15. Why is it important? 1. Marketing helps to move products faster ◦ Example: Because fruits and vegetables rot, the faster the you move the product, the faster the producer makes the money. Producers will not make money off of rotten fruit. 2. It creates a network for producers and consumers ◦ Pen and paper demo ◦ Also, fruit and vegetables 3. It provides products in the manner that consumers want to buy ◦ Examples
  • 16. Marketing Definition: The bridge between the producer and the consumer ◦ What is a producer? Someone who supplies a product. (ex. A farmer) Money-maker ◦ What is a consumer? Someone who purchases a product (ex. Your mom) Money-spender
  • 17. The Four P’s 1. Product 2. Price 3. Place 4. Promotion
  • 18. 1. Product ◦ What the producer sells, and the consumer buys.
  • 19. 2. Price ◦ The cost of the product
  • 20. 3. Place ◦ Where the product is sold
  • 21. 4. Promotion ◦ How you sell the product
  • 24. It’s a big world out there! From small/local market to the world!
  • 25.
  • 26. Activity  Questions from each activity will allow you to think critically and develop a basic business plan.  Each group will work independently to generate answers.  Tomorrow, each group will present their Business plan  ! The most Creative and Productive business plan will win a Special Prize ! Answer the questions with your group members.
  • 27. Questions to Answer 7. What is the product that you are selling? 8. What way will you promote your product? 9. What is the price of your product? 10. Where will you sell your product?
  • 30. What is a Budget?
  • 31. A way to keep track of how much money you spend and earn. It is also a good way to track where your money is going. What is budgeting?
  • 32. Why do you budget? Budgeting is important because it allows you to track the money you spend which depends on the amount of money you have.
  • 33. How to do your budget? All Income→ the amount of money coming in. All Expenses→ the amount of money that is spent from your business.
  • 35. Example of Business Budgeting Plan
  • 36. Activity  Questions from each activity will allow you to think critically and develop a basic business plan.  Each group will work independently to generate answers.  Tomorrow, each group will present their Business plan  ! The most Creative and Productive business plan will win a Special Prize ! Answer the questions with your group members.
  • 37. Questions to Answer 11. How much money do we have? 12. How much money do we need? 13. How much did we spend? 14. How much money did we save?