Oct 072013
 

Entrepreneurs are often exposed to duties, situations, problems and opportunities that many have never had to face before. Entrepreneurs also rarely have someone to discuss common problems with, or to turn to, for objective advice and honest feedback and this can sometimes lead entrepreneurs to feel like they have the loneliest job in the world.

According to Nimo Naidoo, project manager of the Sanlam / Business Partners Entrepreneur of the Year® competition, a mentor will not only help an entrepreneur avoid isolation, but also become someone that he or she can confide in, as well as share uncertainties or successes.

She says that it is rare to find entrepreneurs who possess all the right qualities to make a business tick. “Entrepreneurs could be technically strong, yet lack financial knowledge, which is a vital cog in a business... more

Aug 132013
 

It is no secret that women business owners are more affected by the addition of a child in comparison to their male counterparts. However, female entrepreneurs are increasingly proving that they are able to successfully run a company and care for a family at the same time, and this has led to the rise of the ‘mompreneur’, a term given to female business owners who are actively balancing the role of being a mother and an entrepreneur.

According to Nimo Naidoo, project manager of the Sanlam / Business Partners Entrepreneur of the Year® competition, the number of female-owned South African businesses is growing, and ‘mompreneurs’ are contributing towards this growth.

“The concept of working from home has gained popularity over the last few years and due to the advances in communication and information technologies allowing for a more mobile workforce, many individuals are choosing to run their businesses from home instead of renting office space... more

Jul 312013
 

Quality of 2013 entrants praised by judges

After a gruelling first round of judging the 2013 Sanlam / Business Partners Entrepreneur of the Year® judges have announced that 14 finalists have been chosen to go through to the next round of the competition, with the ultimate winner to be announced in September.

According to Nimo Naidoo, project manager of the 2013 Sanlam / Business Partners Entrepreneur of the Year® competition, the quality of entries received this year significantly impressed the judging panel and have set a precedent in terms of entrepreneurial talent and success in South Africa.

She says that they received a record number of entries from talented South African entrepreneurs this year – an increase of over 100% on the 2012 competition... more