Business Incubator

http://blog.startupprofessionals.com/2013/01/how-does-startup-incubator-really-help.html

Moving the Deck Chairs once again - while the ship is sinking,

Cape Town - The cabinet has approved the merger of several small, medium and micro enterprise (SMME) finance entities.

These are Khula, the SA Micro Enterprise Apex Fund and the Industrial Development Corporation's (IDC's) small business activities, government spokesperson Jimmy Manyi told a briefing on Thursday following cabinet's regular Wednesday meeting.

The merger is subject to approval of the business case by the National Treasury and the public service and administration department, he said.

In line with the new growth path, access to finance for small business is an enabler for creating and sustaining enterprise and jobs.

The current fragmented approach to delivery of finance to small business has resulted in higher overhead costs, limited reach and insufficient impact.

The merger would fall under the auspices of the IDC where it would be better resourced and capacitated.

It would also create the framework for improved support for SMMEs, Manyi said.

GEM Report.

A bit dated but still valid:

"Any government committed to sustained economic progress must ensure that all aspects of its economic system are conducive to and supportive of increased levels of entrepreneurial activity. This includes minimizing taxation, ensuring access to labor, lowering non-wage labor costs, reducing the regulatory burden and making it easier to do business..."

GLOBAL ENTREPRENEURSHIP MONITOR - 2000

What Trevor Watkins said of Steve Jobs

On 6 October 2011 08:13, Trevor Watkins wrote:

I am greatly saddened to learn of the death of Steve Jobs, a distant
American who had a profound impact on my life and the lives of millions.

He is a shining example of what one man of vision can accomplish, of
the power of intellect and innovation to change the world for the
better.

He won the hearts and minds and pocket and ears and eyes of
billions, as no politician could ever hope to do, and he did it
without compromising his integrity, his principles, or even his
quirky personality.

No one had to die to make Steve Jobs great, not
even Steve Jobs.

He is a towering monument to how the free market system can and does work.

As an ardent Macintosh user, as a huge neXt admirer, as a wannabe
iPad owner, Steve Jobs I salute you and mourn your passing.

It will
be awhile before we see another like you.

Trevor Watkins

Here is a later addition:

Passive income.

There is no such thing as passive income.

All income needs some attention at some point. Making money from Google ads that you place on a web- or blogsite is often regarded as passive income. Yes, it is passive in the sense that the income that you derive is not dependent on the work that you do today, but make no mistake - if you wish to have an increasing income you do have to add to your content constantly. Doing that means being active and not passive!

Blacks getting wealthier.

Sunday Times - 2 Oct. 2011

Have you got some "blocks" preventing you to be successful?

The question may arise as to whether it is necessary to ask yourself why you are afraid or reluctant to become the person that you would like to be – what is holding you back? What has happened in your past that has set you up to be in the current usatisfactory position that you are finding yourself in. Again there may be more than one answer to this. You may want to go through the painful process of self-analysis, or you may just put it behind you and tak.e the actions you know will lead to success. I am a bit of a coward and have opted for the second route. But if – in three months time I am not progressing significantly towards my goal I will go and see someone and get some help in slaying the demons of my childhood!