This edition of the Business Day Spotlight focuses on the core skills for entrepreneurial success in South Africa<\/p>\n
Host Mudiwa Gavaza is joined by Carl Herman, head of impact assurance at the Allan Gray Orbis Foundation, and Prof Melodi Botha, a researcher in entrepreneurship at the University of Pretoria (UP). <\/p>\n
The discussion focuses on a seven-year research study by Allan Gray Orbis Foundation and UP that identified the top competencies of action-driven entrepreneurs across diverse backgrounds. <\/p>\n
Botha details the methodology used to put together the study. <\/p>\n
Ultimately, the report identified the 14 core skills proven to help South African entrepreneurs start and sustain businesses. <\/p>\n
\u201cThose individuals who possess a growth mindset emerged as the most likely to start businesses,\u201d says Botha.<\/p>\n
Herman, drawing on years of working with business owners, explains how the findings align with what they see each day.<\/p>\n
\u201cWhat became clear from our work is that many entrepreneurship education programmes take a generic approach when developing entrepreneurial competencies. They often fail to consider individual learning styles, sticking to a one-size-fits-all method. Even some international frameworks that were tested didn\u2019t quite meet the mark,\u201d says Herman. <\/p>\n
Through the discussion, the team outlines the results of a new study on entrepreneurs; core skills for business owners; how the study was conducted; and how the findings can be used to improve education around entrepreneurship. <\/p>\n
Join the discussion: <\/p>\n
Producer: Demi Buzo<\/p>\n
Business Day Spotlight is an Arena Podcasts Production.<\/p>\n