Why most entrepreneurs fail & how to prevent it from happening to you.
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- Опубліковано 28 вер 2024
- So let’s begin… Vusi is a disruptor.
At 25 he ran a R400mn division in a R17bn multi-national and today is widely regarded as one of the most disruptive forces in venture capital in Africa. He was amongst the youngest directors of a listed company in South Africa and now serves on several boards.
Currently, he is the CEO of a boutique investment & advisory firm in Africa. Leading by example, his firm forces medium, large and listed businesses into much needed, often painful, always lucrative new directions.
Having graced the covers of Entrepreneur Magazine, with features on Forbes and Inc500, his social media engagement often mirrors that of a Rockstar.
Vusi is a consummate speaking professional! On and off stage. He doesn’t just talk business - he lives it. For real, he walks, talks and breathes it! You see he does more than simply inspire revolution, he’s the guy that initiates it.
He has been the catalyst for change in businesses across the globe through expertise in strategy, leadership and sales.
A staggering 21 global cities have experienced Vusi. Oh and add New York, London, Paris, Lagos, Jersey, Guernsey, Rio de Janeiro, Dar es Salaam, Sao Paulo, Buenos Aires, Colombo, Nairobi, Kampala, San Francisco to the list.
That’s what you get when you talk about things that make perfect sense.
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UA-cam recommending this 7years later is wild. Love it.
Beautiful interview.
Vusi, you speak the truth. The principles you discuss here is relevant for any person doing his own business!!
Financial track record, waaaw!!!
"But I am not going to give you 3M to buy a farm and buildings and put eggs in it and chickens and then sit and wait for some miracles to happen." I like this statement. You hit the nail on the head brother.
Stumbling into your UA-cam channel was one of the greatest things that happened to my entrepreneuring live. .. from Nigeria
Same here bro #connect me for more
it's about time we had brains like these on the continent
SouthAfrican language sounds woop
I think I've watched this a 1000 times. I can even recite the words😂😂😂... I've never seen an interviewer that can match Vusi like this.. Props to the both of them 🙌🏾
"Start where you're, do wat u've to do, so you can do wat u want to do" (9:49) Nice message!!
Wow! This video needs to be re-trend, re-cycle, viewed and shared many more times again...so inspirational. We all need to get up and make the world a better place through entreprenuership. Thank you!
I personally believe business plans are important because it sort of creates a relationship between the entrepreneur and the business itself, if you don't plan, you plan on failing. A business plan is the constitution of a business, just as a country can not run without a constitution so can a business not run without a document. It is fundamental that the business owner has a relationship and a broader understanding of the aspects of the business. Maybe Vusi speaks as he does because of his long term experience but for the beginners and even for those who are not beginning planning is good and having a document which directs the business is absolutely important in ensuring plans are executed. As an entrepreneur one is an architect and the plan is something which the architect plans on executing those very plans.
10000% agree, however, you constantly have to GROW and ADAPT to constant changing markets which could be volatile at times and you have to be prepared for the unexpected and WHEN the unexpected happens, adapt...
Yeah I definitely agree on that one how can you jump into something being tested rather than putting thought into something, you try and jump into a certain market where there are big sharks out there and you'll most likely get destroyed by the competition unless having a business plan to exceed for a more precise knowledge in your business just puts more assurance in the business idea.
Extremely educational and mind opening. As an entrepreneur and business UA-camr i cant stress enough how important it is to be humble and start small and be patient.
I learnt what you addressed late 😩but I'm glad I'm on the right track 😊. Worst mistake I made was to cease embarking on my plan due to lack of funds. Do what you can, with what you have 😊
Now that's a Real Entrepreneur's Perspective not the one that read it in books!
Thanks a lot for this video!
This guy is a prodigy. Period!!!
I am a 24 year old man with a mission and vision of building an empire one day..just realized reading your book and books to be released would be a first step towards the goal.. raw facts for current generation and coming one. Thanks
did you buy the book?
Man you have to tell pple to stop paying DSTV, they must install Wi-Fi in their homes, coz we not learning anything from Genaration, Uzalo but with WiFi i can listen to you i can listen to Denzel Washington n im learning big... Ey i dont watch tv now im work for someone now getting 12,000 salary n my business gives me 10,000 every month
That's true
Yes yes yes yes and yes
I agree
This is the type of guy that get the job in a 1st minute the interview started and if the interview was meant to take 30 minutes it takes 2 hours. This is what "thinking outside the box" mean.
I am really inspired to go great heights in business. Thank Mr Vusi.
I never saw or heard about this guy before. He is brilliant.
Entrepreneurs DON'T need Business Plans to get fund! Love this VT!
I needed to have a back up voice to what I thought
I congratulate you from Jamaica 🇯🇲 I am learning from you
Discovered your channel by mistake and I've been watching and hopefully actually learning. Keep keeping on. We need this your knowledge.
Thanks Vusi 🙏
You know what you preach,it reach me.
Respect from South sudan 🇸🇸
This is Amazing, its all about the mindset. The business plans are very irrelevant right now.
Your teachings are very real. Hit like if from Tanzania.
Thank you Vusi. Will keep watching this video as much as I can.
Vusi knows his staff. Inspiring man.
This is powerful! Really great interview! Wish it was longer!
Boss, I have to hand it over to you! You're wise, intelligent and very knowledgeable. You're a light to those of us who are "in the dark engine room" building our businesses! There's hope for Africa.
We indeed have to start where we are building small steps. He is an awesome motivational person. Thanks a lot.
vusi you are my obsession Thank you for changing my mindset all i wanted was the land now all i want is you
we need u in zimbabwe vusi
visu keep up my brother you mentor me alot congratulations my brother i follow you from venezuela
How is Venezuela
Greatest startup advice I've heard thus far. Thanks Vusi.
"Just start" thank you Vusi
Vusi, thank you!
We need you in DRC.
You inspire me
Thnak you!
happily surprised to see a bro from DRC who listen to this phenomenal person (vusi) a true inspiration. I am on my way to start my own business and I am learning a lot from him. we definitely need him in DRC, but the language would be a barrier coz not so many Congolese speak English.
I TRULY BELIEVE THIS MAN IS MY ROLE MODEL.I WANT TO GET IN THE CANNABIS INDUSTRY AND I HAVE BIG DREAMS BUT IM STARTING SMAL.EVERYONE IN MY FAMILY THINK IM CRAZY WHEN I SAY I WANT TO DO ENTREPRENEUR.THEY ARE SCEPTICAL ABOUT MY PLAN.ITRIED TELLING THAT THE BEST WAY TO BECOME AN ENTREPRENEUR IS TO START WITH A MVP.I ADOPTED THIS MINDSET BECAUSE I REALIZED THAT PEOPLE WHO STARTED SMALL BUSINESSES IS BECAUSE THEY START BIG BUT SMALL.
Vusi Thembekwayo, very key!
Yes I totally agree with your wording~one does not need funding!Entrepreneurs make it happen!
I'm here in 2020
me too. Entrepreneurship still is great
You are an amazing entrepreneur!!! This interview was fantastic. Thank you 😊
Articulate, concise and you offer so many valuable insights for a Micro-Entrepreneur like myself! Thank You! #alwaysafan
“Starting things we own & owning things we say we own!
Perception vs Reality : spot on Vusi ....
HOUSE OF WISDOM! I REPEAT! VUSI IS A HOUSE OF WISDOM!!
Same as lecturers who teach MBA or Entrepreneurship but they have never started a business.
Jesus Christ how on earth did I not listen to this guy before now. He is actually giving me solutions to my current problems
brilliant minds of africa
Wow! This is mind blowing. Its all I need to hear at the moment. Thanks a million🙏
Do what you have got to do. So that you can do what you want to do.
Well for me if you need funding from the financial institutions you go by their terms by providing them business plan but what they don't know is that some of these business plans are bought from people and tendered to the financial institutions to fund a business that is not originally captured in the plan.
Plot Twist/Qstn: What if you buy yo car on credit and pay instalments and invest the Cash you have? Vs buying the car on cash coz yu can afford it. I have observed that most millionnaires takes a bank loan for say a 400mill project , the catch could be that his money is tied on another "profitable"project to cover the loan interest than to sacrifice his ongoing project for the current need, your thoughts?
Yeah it's TRUE. For instance if you need to buy a car that cost 1000$ n u already have 1000$ in your bank account, you can buy n be done with it. But a business minded person will you his 1000$ to buy a property let's say a real estate property, use it as a mortgage for a loan to buy a car and use the profit from the real estate property to pay for the loan. After he is done paying for the loan, he has a car and his real estate asset..
This conversation changed my reality VT 👌🏿👌🏿👌🏿🙏🏿🙏🏿
Saw vusi on sabc 2 morning live with Leean that's y I'm here. But I like the interviewer more. 😍😍
We really need you in Guinea Conakry brother to inspire the new generation
Courage Brother... I bet the Francophonie countries are going through something else....
Happy to meet a Guinean brother here
LOVE IT! How informative this information is.
Great insights there. Thank you.
Start from where you are and go step by step
I will never get over this!!! Ever!!!!
Thank You Mr Thembekwayo🌍
I love this man! Truth!
Powerful Vusi.
Powerful, insightful and honest talk.
start where you are do what you what you have to do so you cn get to where you want to be
Amazing
Thanks for this insightful talk
Am learning alot. Great interview.
Wow Vusi is great 👏👏👏
amen, well said with great examples!
this man is great
This Vusi guy has a great mind
Kai.............
Great stuff. I'm following you.
phenomenal interviewer ! 100%
Vusi is a ray of sunshine
This is phenomenal 😍
Absolutely!
Thanks for this information and education. Everything you said was in point!
Real wisdom no bush it
Boi wena unoske uvule icawa ye business qha uthul uthi tu ushumayeze our SMALL BUSINESS qha uzaubona ingatshintsha le South Africa
Very helpful
This guy is smart!
watching from Zambia
Is there a version of this theme song that is longer? Who wrote this music??
Thank you
Entrepreneurs make it work.... Yes!!
We back to basics... please remind us...
Well spoken guy. Enjoyed this.
OUTSTANDING!!!
Brilliant!
this guy just gets all the answers fucking righttt!!!!!
Good ideas
Lovely lovely lovely period.
Oh Yes! I have been looking for THIS video for the past 2 years. I had received it via What's app and lost it. Now I just did not know where to find it. When I first heard Vusi speak, I said to myself that he is probably AS GOOD as the guy in the lost video! Vusi, so it is you? Why does Stunt Performers like Bushiri and the "the guy who claims to raise the dead, Alf" have a larger following than Vusi? Simple, Vusi does not sooth your ears with lies and fairy tales of magical wealth. He tells you IT'S GONNA be hard to succeed and that you MUST WORK. Can you imagine what would would happen to Africa (well to me he is African first and second South African) if we had even a tenth of people who think like Vusi?
Wow this man is awesome
Eish you carry wisdom from God
wow!!!!!👏
Hello Mr. Vusi, i really enjoy your confidence and mastery of what you. Please I am a government Computer Science but which to switch into sewing business. I wish to take a degree programme in Business management. Please which programme should i enroll in (i.e Accountng, Managaement, Finance etc)
Management, then manage your business
Scm man!
Amen. Preach
DEEEEP DEEEPER DEEEEEEPEST STUFFS ALWAYS 🔥🔥🔥
Thanks
Man you're Dope!
If you don't find a means of multiplying your money, you will wake up one day to realise that the money you thought you had, has exhausted. Investment is a ladder to **climb the financial wall.**
Back here in 2024. Still resonating with me!