If you love yourself and your family, please do not start a deep tech manufacturing business in SA especially in sectors with heavy R&D capital requirements. The system is not built for startups and SMMEs. Global markets will eat you alive with your R100k funding.
@MorolongZA You cannot build on an empty stomach, the same way they cannot perform their duties at work without getting paid. A hungry founder will not make the best decisions for the business....
@NkululekoMhlaba The real winners in this system are the consultants/mentors while real entrepreneurs are expected to turn water into wine...perform miracles.
Nothing feels better than healing from a time, period or moment that was meant to break you.
You look back and ask yourself, how did i do it? All the vulnerabilities, all the insecurities, all the anxieties and you look back and all your dots have connected and you are in a better place.
❤️
@karidas_ Development funding in SA is risk averse. Even ESD funding rarely fund early stage, unproven business models. I think that even Elon, if he was from rural SA without access to resources, building in SA, he would be struggling too...
Someone asked: "Why don't you cut grass or bake & sell bread?Ain't you an entrepreneur? Why do you wanna waste money on R&D?"
If you look at our R&D spend as a country, you'll understand why our economy is not growing .
Owners of capital vs caretakers of capital....Having worked as an executive at a corporate company and having served in a board , you learn to appreciate the power dynamics and roles that each one of them plays
Dear innovator/inventor
What is the significance of your solution? Is it to advance the human race and make money while doing so? Or is it to perpetuate the status quo and make money while doing so?
@MorolongZA How much did the investment committee invest on this? What was their investment criteria? Can they also allow their kids to carry 6. 4kg on their backs everyday? Has anyone from the investment committee bought this bag for their kids?
@khayadlanga@Kenny_T_Kunene There is a zero pothole road material technology developed in SA by https://t.co/yFUgloGTti. We have been reaching out to various municipalities to pilot these technologies without any success. Mind you, a pilot at no cost to the municipality or agency, still we got a "NO".