Financially-savvy, trained and driven entrepreneurs will build South Africa’s future as the country navigates through the struggles of a broader economic downturn.
At a recent and inspirational workshop hosted by MyBucks, a Fintech company that embraces technology as a means of providing financial products and services in Krugersdorp, entrepreneurial training and guidance were the theme of the day, as MyBucks played its role in helping communities realise their entrepreneurial potential.
The Women’s Entrepreneurial Workshop sourced budding entrepreneurs from the Krugersdorp area and presented a range of entrepreneurial skills and tools to help strengthen local businesses in their pursuit of successful entrepreneurial futures.
On the day, local women were guided in depth, from how to bring a business idea to life, how to market it, how to navigate marketing tools and platforms, and of course how to position and differentiate themselves in the local market.
For many of these women, entrepreneurial endeavour is not only commendable, but essential. Consequently, MyBucks wanted to offer support in the form of skills and direction, to help them grow their businesses. It is this very support that many have never received before – and how it inspired them was not only deeply moving, but economically encouraging for our future.
Other presentations covered issues such as how to manage their finances to drawing up a budget, to the broader structure of logistical business development. The day helped business owners package and deliver on their entrepreneurial vision. Even credit – its dangers and advantages – was discussed in detail, as were the complexities of keeping a business sustainable.
Many of the women did not understand why their profits were so low, for example, so they worked through the actual logistics of business maintenance to help uncover some of their business issues, to aid them going forward.
The most important offering, however, came in the form of business knowledge. MyBucks believes it was able to change the outlook of many small businesses in the area who might never again have the chance of being offered support of this nature.
The true pleasure will ultimately come in the form of success, seeing small businesses grow and flourish as a result of the event’s input.
For more information about MyBucks, visit http://MyBucks.com.
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