Itumeleng Mpatlanyana, founder of Nkukhu-Box, is a firm believer in self-initiated entrepreneurship. “My first business was in my early high school days. I decided to take my parents’ lawnmower next door and cut the neighbour’s lawn. A couple of months later I was known around the township as the garden boy,” Mpatlanyana explains.
In his early 20s, Zareef Minty’s ZRF Holdings manages many subsidiaries that hold equal value. “We pride ourselves in the concept of diversification as our core strategy. We have a clothing, talent, consulting, management, events, distribution and construction company, all run concurrently. The concept of diversification comes into play where they all aid and assist each other through shared contacts lis and networks,” says this young entrepreneur. He aims to attract retailers to his clothing company in 2018. Minty also invests in selected ventures and people with good business ideas. “I like to invest in things that I know I can directly influence and ensure it is a success. However, I have met hundreds of people with brilliant ideas. The only issue had been their mindset and because of that the business would fail. I choose to invest in people. It’s the best way to guarantee a return. I personally love investing in stocks and property.” His advice to potential…
Magubane explains the arduous process of marketing and distribution: “We approach different stores directly or through their head office. From there we are shortlisted. It is a long process because they need food certification along with health and safety certification. The product also needs to be traceable and comply with all requirements before it is accepted for retail.”