Entrepreneurs show good ideas

2016-10-13 06:00
  From left are Aluta Bulali Banyula , David Lekgwathi (2nd place) , Tania Cunningham (3rd place) • Tembani Wright (Nedbank) , Yandisa Langa (Wild Card and Winner) , Tasneem Sulaima-Bray (Engen) , Unathi Njokweni-Magida (Engen) , Phumla Mpekula Jali and Randall Lewis (TSiBA).

From left are Aluta Bulali Banyula , David Lekgwathi (2nd place) , Tania Cunningham (3rd place) • Tembani Wright (Nedbank) , Yandisa Langa (Wild Card and Winner) , Tasneem Sulaima-Bray (Engen) , Unathi Njokweni-Magida (Engen) , Phumla Mpekula Jali and Randall Lewis (TSiBA).

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An entrepreneurship event held at the False Bay College, Khayelitsha Campus, left each of the participants invigorated and motivated to drive their business ideas forward.

The inspiration came from hearing Allon Raiz, a entrepreneur, author and CEO of Raizcorp, polishing pitches and conveying the hard truths about entrepreneurship.

“Know your economic right to exist,” he urged each person.

“It’s the key to the expression of your authenticity.” Riveted, the audience hung onto his every word.

The event was hosted by False Bay College and its partners, including the University of the Western Cape.

It was a milestone, with a record number of delegates attending, dignitaries as well as local partners.

This highly-anticipated event was opened and facilitated by Stephen Reid, a specialist in entrepreneurship development, who guided the participants through the business of polishing their business pitch.

The programme uses techniques that break down each step of a well-rounded pitch into simple and easy-to-understand concepts.

The delegates were asked to emulate investors or bank managers, instantaneously transforming their mental process from a money-seeker to a money-lender.

Allon and Stephen explained that this isn’t the platform for being ‘politically correct’ or for dishing out empty platitudes.

It is an intervention where the truth is spoken and real, honest feedback is given to entrepreneurs.

The five contestants entered the competition segment of the day with greater confidence and delivered pitches with more depth.

Tania Cunningham, Phumla Mpekula Jali, David Lekgwathi and the Wild Card contestants chosen on the day, Yandisa Langa and Aluta Bulali Banyula, presented their final three-minute pitch to the judges and audience. It was clear that their business pitches had been polished.

After their final pitches, judges Tasneem Sulaiman-Bray, Tembani Wright, and Randall Lewis, asked the five entrepreneurs questions and gave them valuable feedback.

“Fabulous!” enthused Tasneem.

“We watched the contestants and audience transform throughout the day, which was the highlight for me.

The winner spoke from the heart and conveyed his message with credibility and authenticity, clearly displaying his knowledge of the value chain and his business environment. We form partnerships in order to create a difference in the lives of the communities in which we operate.

That is the soul of our company.”

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