Why most entrepreneurs fail & how to prevent it from happening to you.

Поділитися
Вставка
  • Опубліковано 3 січ 2025

КОМЕНТАРІ • 239

  • @prayerhut
    @prayerhut 5 років тому +70

    One of the best interviews I've ever seen in my entire life! Both the lady and Mr. Thembekwayo have phenomenal minds!

  • @theseyikayode
    @theseyikayode 4 місяці тому +6

    UA-cam recommending this 7years later is wild. Love it.
    Beautiful interview.

  • @wisemanmtembu5855
    @wisemanmtembu5855 5 років тому +212

    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

  • @duPreezLouis
    @duPreezLouis 7 років тому +90

    Vusi, you speak the truth. The principles you discuss here is relevant for any person doing his own business!!

  • @SalemSoni
    @SalemSoni 7 років тому +61

    Vusi, I'm not sure why I'm just now hearing about you brother! But I'm glad I did. You've just eloquently articulated what I believe. This is not just for South Africans, but all of Africa. Thank you sir!

    • @sarahspeaks145
      @sarahspeaks145 5 років тому +3

      Salem Soni , brother we're listening here in the the U.S.A. as well. I have so much respect for this young man.

  • @kromack971
    @kromack971 2 роки тому +10

    "Start where you're, do wat u've to do, so you can do wat u want to do" (9:49) Nice message!!

  • @nwekeonyekachi7715
    @nwekeonyekachi7715 5 років тому +21

    Stumbling into your UA-cam channel was one of the greatest things that happened to my entrepreneuring live. .. from Nigeria

    • @odohsimeon9389
      @odohsimeon9389 5 років тому +1

      Same here bro #connect me for more

  • @jwaiswa
    @jwaiswa 4 роки тому +14

    The best thing I've learnt is that a small business doesn't need a business plan

  • @nairobi1519
    @nairobi1519 4 роки тому +15

    "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.

  • @daviesmareya825
    @daviesmareya825 7 років тому +57

    it's about time we had brains like these on the continent

  • @nenesibanda4171
    @nenesibanda4171 2 роки тому +7

    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.

    • @ActionCOACHSA
      @ActionCOACHSA 2 роки тому

      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...

    • @Uce28
      @Uce28 2 роки тому

      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.

  • @veliem3935
    @veliem3935 4 роки тому +8

    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 🙌🏾

  • @mrstevens445
    @mrstevens445 5 років тому +11

    This guy is a prodigy. Period!!!

  • @ashleymarks9763
    @ashleymarks9763 5 років тому +29

    Thank you Vusi, when im down and unmotivated.I just hope on UA-cam and watch one of your videos :)

  • @kenbundi9118
    @kenbundi9118 5 років тому +13

    Great insights Vusi, we should step up our game as Africans
    From Kenya

  • @Stijlloosert
    @Stijlloosert 7 місяців тому +1

    As former Dutch retail banker: a businessplan can be helpful, and especially for starters or in experience entrepreneurs. It gives you the structure, to execute a successful and profitable mature business.
    Remember that it has to be crystal clear what you want, financialplan, prognose 24mnd exploration and liquidity needs.
    Are you complaint? regulations, etc.
    banks only finance assets and credit liquidity , no salaries or management fees.
    for idees you need investers, stockexchange etc.

  • @manzimfura
    @manzimfura 4 роки тому +3

    Now that's a Real Entrepreneur's Perspective not the one that read it in books!
    Thanks a lot for this video!

  • @mpumezohaka6856
    @mpumezohaka6856 7 років тому +4

    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

    • @MboniNtuma
      @MboniNtuma 5 років тому

      did you buy the book?

  • @retselisitsoebautloane8682
    @retselisitsoebautloane8682 6 років тому +11

    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!

  • @Ongezwa_Ntsepe
    @Ongezwa_Ntsepe 4 роки тому +5

    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.

  • @katlegokgonkwe2410
    @katlegokgonkwe2410 2 роки тому +6

    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 😊

  • @noorlenetv
    @noorlenetv 6 років тому +13

    Entrepreneurs DON'T need Business Plans to get fund! Love this VT!

  • @makafuiberryl774
    @makafuiberryl774 2 роки тому +1

    Thank u so much Sir for teaching us how to grow on all sides. Sir,l have been a single woman for 10yrs and it's from hand to mouth l sell frozen foods and food packs and l want to stop that hand to mouth thing cos it's making my business go down so much. Pls l need your advice to be able to stand on my own in business and in all sides. Thank you

  • @jamesjallah6151
    @jamesjallah6151 2 роки тому +1

    Hi, my names are James Jallah. I am from Liberia, Africa. Thanks so much for the knowledge. I'm a small business owner and your wisdom have increased my desire more.

  • @DavidChandra
    @DavidChandra 4 роки тому +3

    I never saw or heard about this guy before. He is brilliant.

  • @wilsonsilasmkandawire
    @wilsonsilasmkandawire 6 років тому +4

    I am really inspired to go great heights in business. Thank Mr Vusi.

  • @chuolriekpuokgai3826
    @chuolriekpuokgai3826 3 роки тому +1

    Thanks Vusi 🙏
    You know what you preach,it reach me.
    Respect from South sudan 🇸🇸

  • @jeffgazijaygee9350
    @jeffgazijaygee9350 5 років тому +4

    Thank you Vusi. Will keep watching this video as much as I can.

  • @willykitheka7618
    @willykitheka7618 5 років тому +7

    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.

  • @derickmulema549
    @derickmulema549 4 роки тому +1

    Hi Mr. Vusi thembekwayo am from cameroon and am really enjoying your teachings let's as Africans learn from this Indians and asians ,I really wish you and your team can organize a workshop in cameroon

  • @OmbeniAidani
    @OmbeniAidani 5 років тому +1

    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.

  • @nyashab4276
    @nyashab4276 3 роки тому +3

    This is powerful! Really great interview! Wish it was longer!

  • @nelsarec
    @nelsarec 4 роки тому +3

    Vusi knows his staff. Inspiring man.

  • @makheemakh1197
    @makheemakh1197 5 років тому

    our people should learn a lot about from this gentleman. I have, being in the diaspora, learned and tested tried his principles and he is right on.

  • @HistoryKhethiwe
    @HistoryKhethiwe 5 років тому +9

    I congratulate you from Jamaica 🇯🇲 I am learning from you

  • @mathiasvicent9955
    @mathiasvicent9955 5 років тому +3

    I'm so glad to hear from the way you teach us, welcome to Tanzania bro

  • @hughjorgen30
    @hughjorgen30 7 років тому +3

    Discovered your channel by mistake and I've been watching and hopefully actually learning. Keep keeping on. We need this your knowledge.

  • @sebengobese7349
    @sebengobese7349 5 років тому +1

    Wow! This video blew my mind Vusi your Pession is uzzing and I'm in awe. I'm a young entrepreneur strunggling to make earns meat but my dream are bigger than what I'm facing now.

  • @mabel.e.kgalley9710
    @mabel.e.kgalley9710 2 роки тому +2

    We indeed have to start where we are building small steps. He is an awesome motivational person. Thanks a lot.

  • @abigailmolusi6483
    @abigailmolusi6483 7 років тому +3

    vusi you are my obsession Thank you for changing my mindset all i wanted was the land now all i want is you

  • @C33KZ-T1EN
    @C33KZ-T1EN 2 роки тому

    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.

  • @charmainephasoana6850
    @charmainephasoana6850 5 років тому

    Sunrise was the best.... This lady was the best at interviewing people .... And then Vusi is just the best as well ... Such information is needed to be programmed in the minds of black South Africans who are entrepreneurs and those who are working towards being entrepreneurs

  • @desiredhliwayo5971
    @desiredhliwayo5971 7 років тому +7

    we need u in zimbabwe vusi

  • @Meshalleez
    @Meshalleez 5 років тому +1

    Greatest startup advice I've heard thus far. Thanks Vusi.

  • @MrTekoliko
    @MrTekoliko 7 років тому +3

    Vusi Thembekwayo, very key!

  • @mothernature7126
    @mothernature7126 7 років тому +4

    Vusi, thank you!
    We need you in DRC.
    You inspire me
    Thnak you!

    • @yerbyb8331
      @yerbyb8331 5 років тому

      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.

  • @sakhilehadebe1648
    @sakhilehadebe1648 4 роки тому +5

    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.

  • @christian.alivio4245
    @christian.alivio4245 5 років тому +2

    Wow. More blessings to come sir and keep inspiring. 🔥🔥🔥🔥🔥🔥

  • @brianmoru1123
    @brianmoru1123 7 років тому +9

    visu keep up my brother you mentor me alot congratulations my brother i follow you from venezuela

  • @natashasefu7320
    @natashasefu7320 5 років тому

    Yes I totally agree with your wording~one does not need funding!Entrepreneurs make it happen!

  • @gifts.maphanga2988
    @gifts.maphanga2988 5 років тому

    Key points
    Biznis plans are not vital
    You have to do it.
    Do what you have to do to do what you need to do.
    Get your thinking right, big businesses are.not built overnight
    Start where you are.
    Transform your mind, understand that you're building for the first ten years.

  • @trinimakeupluvr
    @trinimakeupluvr 5 років тому +10

    That "me" at the end 😂😂😂😂

  • @nonofomaine8866
    @nonofomaine8866 5 років тому +1

    HOUSE OF WISDOM! I REPEAT! VUSI IS A HOUSE OF WISDOM!!

  • @bennybooysen4723
    @bennybooysen4723 7 років тому +5

    "Just start" thank you Vusi

  • @thinkandprosper1
    @thinkandprosper1 3 роки тому +1

    FOR THE FIRST TIME IN A LONG TIME I HAVE HEARD SOMEBODY EXPLAIN THE BASICS OF BUSINESS.

  • @mzamoyendodazondi4310
    @mzamoyendodazondi4310 3 роки тому

    This conversation changed my reality VT 👌🏿👌🏿👌🏿🙏🏿🙏🏿

  • @kennefoma296
    @kennefoma296 3 роки тому +3

    Jesus Christ how on earth did I not listen to this guy before now. He is actually giving me solutions to my current problems

  • @ruthawodele6764
    @ruthawodele6764 2 роки тому

    Wow! This is mind blowing. Its all I need to hear at the moment. Thanks a million🙏

  • @tharushagoorsamy8527
    @tharushagoorsamy8527 6 років тому +1

    Perception vs Reality : spot on Vusi ....

  • @roxannecampbell4700
    @roxannecampbell4700 3 роки тому +1

    You are an amazing entrepreneur!!! This interview was fantastic. Thank you 😊

  • @dwbooksandbeyond1528
    @dwbooksandbeyond1528 Рік тому

    LOVE IT! How informative this information is.

  • @oreratilemolapo7308
    @oreratilemolapo7308 7 років тому +3

    🔥🔥🔥🔥!!POWERFUL!! 🔥🔥🔥🔥

  • @HelloGlorious
    @HelloGlorious 3 роки тому

    “Starting things we own & owning things we say we own!

  • @lumambamwaanza7209
    @lumambamwaanza7209 5 років тому

    Vusi, you have it right. You don't need money to start a business,period!!!

  • @uhuruuhuru3525
    @uhuruuhuru3525 3 роки тому

    I will never get over this!!! Ever!!!!

  • @tysonpayne1829
    @tysonpayne1829 Рік тому

    Thank You Mr Thembekwayo🌍

  • @abdulrafiuarikewuyo7181
    @abdulrafiuarikewuyo7181 Рік тому

    This is inspiring. Thanks for your perspectives Vusi

  • @remiem-iw7uk
    @remiem-iw7uk 5 років тому +1

    I love this man! Truth!

  • @banturalana2631
    @banturalana2631 4 роки тому

    Powerful, insightful and honest talk.

  • @CheriseBiagio
    @CheriseBiagio 5 років тому +3

    Articulate, concise and you offer so many valuable insights for a Micro-Entrepreneur like myself! Thank You! #alwaysafan

  • @tinomuvongagupure3264
    @tinomuvongagupure3264 5 років тому +4

    brilliant minds of africa

  • @nombulelokhunong4629
    @nombulelokhunong4629 4 роки тому +1

    Needed this. A little motivation when I lose hope

  • @masesinkosi7610
    @masesinkosi7610 4 роки тому

    Saw vusi on sabc 2 morning live with Leean that's y I'm here. But I like the interviewer more. 😍😍

  • @tolajectone6332
    @tolajectone6332 22 дні тому

    "Radical economic transaction starts in the mind".Fins Vusi quote.I love this.

  • @chibiggiemotivation345
    @chibiggiemotivation345 3 роки тому

    Start from where you are and go step by step

  • @JamesInspires
    @JamesInspires 11 місяців тому

    Amazing
    Thanks for this insightful talk

  • @mrlsv5188
    @mrlsv5188 4 роки тому

    phenomenal interviewer ! 100%

  • @erickeffa740
    @erickeffa740 3 місяці тому

    Your analysis are awesome

  • @andilehlanze9097
    @andilehlanze9097 7 років тому +1

    Wow Vusi is great 👏👏👏

  • @Deeq-d9j
    @Deeq-d9j Місяць тому

    Absolutely mind blowing

  • @sarajngonyani
    @sarajngonyani 5 років тому

    @Vusi,,, what i have learnt is, we black people we think we are too late so we have to run run run even though we don't know where are the running to, and we don't care if running needs stamina (discipline). I like the Indian example of family businesses and succession plans,, selfishness is killing us😞

  • @SA.hustler
    @SA.hustler 5 років тому

    I feel reborn in business thanks million time Vusi

  • @eymmie1
    @eymmie1 7 років тому +5

    Great insights there. Thank you.

  • @perisaluoch6162
    @perisaluoch6162 5 років тому

    Wow.... feeling encouraged...nice.peace

  • @gebongmaxgmax2789
    @gebongmaxgmax2789 2 роки тому

    My take.we have to start where we are and grow step by step.❤💪

  • @hlehmamhlophe1259
    @hlehmamhlophe1259 4 роки тому +5

    I'm here in 2020

    • @AskMeStartUp
      @AskMeStartUp 4 роки тому +1

      me too. Entrepreneurship still is great

  • @MrTobyjansen
    @MrTobyjansen 2 роки тому

    Great stuff. I'm following you.

  • @blue_orange.2023
    @blue_orange.2023 Рік тому

    Powerful Vusi.

  • @mashotoshaku
    @mashotoshaku 7 років тому +7

    preach 🔥

  • @aboubacardiallo2838
    @aboubacardiallo2838 7 років тому +7

    We really need you in Guinea Conakry brother to inspire the new generation

    • @fobipearl74
      @fobipearl74 6 років тому

      Courage Brother... I bet the Francophonie countries are going through something else....

    • @boubabah1698
      @boubabah1698 5 років тому +1

      Happy to meet a Guinean brother here

  • @edgest5137
    @edgest5137 6 років тому +1

    Do what you have got to do. So that you can do what you want to do.

  • @tumeloratsoma4848
    @tumeloratsoma4848 4 роки тому

    Vusi is a ray of sunshine

  • @KingsmanConsultingGroup
    @KingsmanConsultingGroup Рік тому

    Am learning alot. Great interview.

  • @kenyenkang8130
    @kenyenkang8130 6 років тому

    Powerful analysis! Thanks Vusi

  • @lekema7409
    @lekema7409 3 місяці тому

    this man is great

  • @joanyohana2371
    @joanyohana2371 3 роки тому

    start where you are do what you what you have to do so you cn get to where you want to be

  • @RyanONeilKnight
    @RyanONeilKnight 7 років тому +2

    amen, well said with great examples!

  • @PriscillaPillay-b1j
    @PriscillaPillay-b1j 10 місяців тому

    I totally agree. I believe in starting small and saving your capital for bigger projects

  • @odohsimeon9389
    @odohsimeon9389 5 років тому +2

    We need u here in Nigeria

    • @josephjaspermedia3709
      @josephjaspermedia3709 4 роки тому +1

      The powers that be in our country will suppress him. They don't like the truth.
      The start up owners will not take h seriously. They would rather listen to pastors.

  • @nanaakuaafriyie1
    @nanaakuaafriyie1 2 роки тому

    This is phenomenal 😍