This document outlines steps for youth success and self-employment in South Africa. It encourages asking yourself if you have a dream, skill, and belief in yourself. It then provides tips for setting up a business, including registering the company, obtaining necessary licenses and permits, creating business and marketing plans, and getting financial and legal documentation in order. The document emphasizes protecting your ideas, avoiding schemes that require upfront payments without contracts, and knowing your business and target market as well as the competition. Overall it provides guidance to South African youth on transforming their skills and dreams into sustainable businesses and careers.
7. ASK YOURSELF 3 QUESTIONS:
1. DO YOU HAVE A DREAM?
What is your dream? Can it come true? What would
you need to do to make it come true?
2. DO YOU HAVE A SKILL /TALENT?
Is it your only skill/talent? Is it a unique skill/talent?
How best can you use your skill/talent? Can your
skill/talent help make your dream come true?
3. DO YOU BELIEVE IN “YOU”?
Do you trust yourself enough to commit yourself to
“yourself” and your dreams? Do you believe in making
your dreams come true? Can you make a living out of
“YOURSELF” and what “YOU” are good at?
8. CIPC (Co. / Org Registration i.e. Pty, NGO etc)
BANKS (Business Bank Account)
SARS (Tax Clearance/Vat Reg / SDL etc)
DATABASE REG (ZNT, DoH, DoT, DoE etc)
COMPANY QUALIFICATIONS (BBBEE
Scoring, CIDB Grading, NHBRC etc)
BUSINESS / COMPANY PROFILES
BUSINESS PLAN (incl. Loans / Investments)
BUSINESS PROPOSALS / PRESENTATIONS
(mainly for Event Companies)
9. ADMINISTRATION
Document / record
Access to internet and easy contact
(cell / fax / email)
KNOW WHEN YOU NEED HELP
& ASK FOR IT!
Know your strengths & weaknesses
ALWAYS have a mentor / confidant
10. STAY AWAY from any ventures that
require you to bribe or pay in advance,
without any legal documentation that
requires you to
PROTECT your ideas and products
before sharing them with anyone
Be an ENTREPRENEUR, NOT a
TENDERPRENEUR
Know Thy BUSINESS As Thy SELF!
11. ADMINISTRATION
File management: Create your company
admin folder with ALL business
documents saved electronically &
hardcopy
Easy access to saved templates of all
company documents (e.g. Letterheads, fax
cover, quotes, )
Database forms, Invoices, Payments
Contact person during business hours
Constant updating / follow-up of ALL
Business Registrations
13. MARKETING &
BRANDING
Design & printing
of ALL marketing /
branding material
i.e..: Business cards,
Brochures, Banners,
T-shirts / caps etc.
Organizing of
media advertising
and interviews
Marketing schemes
& Promotion events
COMMUNICATION
Events organizing
Delivery of speeches and
presentations
Liaising with
Private/Public
organizations
Corporate relations &
Networking
Proposals: Fundraising
and Sponsorships
Awareness campaigns
