Tag Archives: township

Sappi incubatees pick Township Biz Fastrack as their book of choice in their syllabus

Some time ago, we got an email from SAPPI ordering copies of my second book TOWNSHIP BIZ FASTRACK for their incubatees in their community training centres.

This is how the story gets interesting – and touching for me (not to say the other stories from our clients are any less). At first Sappi bought 10 copies of the book on Amazon to give to its incubatees and to see if it helps in teaching them entrepreneurship.

Booklet — TOWNSHIP BIZ ADJACENT: Townships and Ghettos are a Goldmine Favourable to Young Black B2C Entrepreneurs: Understanding the Billion Rands Worth Economy Through the Adjacent Possible Theory

Buy here: Print books in South Africa | Amazon | Kobo | Barnes & Noble | iBooks

The billion Rands generating (yearly) townships are a goldmine that now is, unlike before, favourable and ready to be mined by young black startup entrepreneurs – especially those dealing in B2C (Business to Consumer) and FCMG (Fast Moving Consumer Goods) products.

This booklet explores and traces the economic cyclone that is townships through the ‘adjacent possible theory’ by Dr Stuart A. Kauffman.

Understanding the economics of township through the adjacent possible theory helps to create and innovate products that are suiting, i.e. products that the township can support into continuous virality.

Buy here: Print books in South Africa | Amazon | Kobo | Barnes & Noble | iBooks

 

 

2 lessons from how township businesses start and grow

I was giving a talk a few weekends ago at an Inspiring Women event. I spoke of the ‘importance of starting small in business. One of the examples I related was on what can be learned from how township businesses are started.

There are a number of reasons someone in the township starts a business. The exemplary world view is a mother starting a business out of the need or desperation to feed one’s family. Be it as it may, ‘passion to enterprise’ is fast overweighing the desperation to make ends meet. People are being exposed on how to offer great value even when in a dire situation.

Township business is sometimes looked down on, but it practices brilliant concepts which anyone can use to start and grow their business. However they the township businesses forget to grow and progress further on the very principles.

After the talk, 2 groups of people came to me asking further on the teachings of township business. They found the concept very enlightening and helpful.

The Book on the Intelligence of How Township Businesses are Started and Grown, TOWNSHIP BIZ FASTRACK

Township Biz Fastrack by Tiisetso Maloma 1st edition

Find it on Amazon, Apple iBookstore and Kobo.co.za.  

For print book orders within South Africa, click here to order.

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Township Biz Fastrack gives insights into development and growth models for township based businesses.