"I intent to prove you wrong"..... Thumbs up to this man.
@lehlohonolorichardshuping9605
5 жыл бұрын
The queen 19
@dorothyotieno6214
5 жыл бұрын
I actually liked his idea
@nelsonmachete4969
6 жыл бұрын
2 points 1. Vusi is well informed 2. These entrepreneurs do not research on the markets they aspire to penetrate and do not know the threats to their business ideas.
@NeysonShuroJrIV
6 жыл бұрын
nelson machete correct Nelson , wrestling to get into certain mkts is hardwork & its assumption mostly , if data was made available to startups R&D would be easier saves you ,I learnt this the hard way
@yonelasadana402
6 жыл бұрын
Agree!
@Kabika83
5 жыл бұрын
Quite interesting. But I must add that if all businesses relied on the principle of first knowledge the world would not advance as quickly as it does. Sometimes people don’t know there is a problem to solve until they have an alternative. Before a car was invented people didn’t know they needed one. Once it was invented, soon people couldn’t live without one. People don’t know buy suits based on fabric (this is true). But if there was a suit that had a selling point of wash and wear without crease, people would soon realise they needed it all along because of how much they save on dry cleaning. What am saying is that the easiest business to start is one that address a present problem. A revolutionary business is one that addresses a future problem or one people don’t know that have.
@ranzidatendani3630
5 жыл бұрын
You really are wise, and that wisdom will take you places
@bizzynateete
4 жыл бұрын
I agree 💯
@maxmuthomi4790
8 ай бұрын
The only thing that changed about a car was the name and what propelled it. There were horse carriage before hence people could relate in that: "Am selling a horse carriage the uses an engine not a horse".
@divineartandfinacialloteracy
6 жыл бұрын
I love Vusi, Arrogantly Humble.
@Marketer_tolu01
6 ай бұрын
Swears
@residentalien310
6 жыл бұрын
People now look scared lol. Great platform, great feedback from Vusi. How he responds is exactly how the world responds to new businesses.
@enioluwaodunjo
6 жыл бұрын
Word.
@miyamikobanda9281
6 жыл бұрын
the problem isnt the time to go to dry cleaning its the additional cost
@venturee1960
5 жыл бұрын
The guy with a fabric idea for a suit has a brilliant idea and the problem exists. Not everyone can afford dry clean regularly and I personally can purchase a suit of that fabric. Not everytime when starting a business you have to solve a problem sometimes you just gotta compete and make money
@titisimojalefaalphonse5140
5 жыл бұрын
Yes his idea is good - but the problem he is trying to solve is the reason why Vusi had to bring him down .... if he had taken the route of reducing costs of dry cleaning and others it would have been much better - instead of time .
@zitlerthebandit9596
6 жыл бұрын
Vusi is a real business guru
@nyakarundi
6 жыл бұрын
it is true that entrepreneurship is about knowing what problem you solve UNLESS you in the luxury brand, then the approach is different.
@mohlomphehi
6 жыл бұрын
Damn this guys is as good as advertised!Pure Gold👌
@weezySKLH
6 жыл бұрын
Damn I like this man, I wanna listen to him all the time, eish I want him to be my mentor.
@godwinuche4507
4 жыл бұрын
You're not alone
@venturee1960
5 жыл бұрын
Never let anyone tell you your idea won't work, keep persuing.
@BrandHubz
5 жыл бұрын
Hallelujah tebza
@alexormulea
5 жыл бұрын
I am glad he knocked down my ideas or potential ideas with reality... Now I have good tips on how to judge my ideas before I put myself out there... Especially, "Make sure the market has a gap and guarantee that the gap also has a market" and "Tell the investor only what he needs to hear to get interested, then once he wants to know the further detail you can then tell him indepth" and "Never use words like 'a few', 'many', almost, 'about', a number', 'maybe' or basically any term that shows that you haven't researched the statistics of your anticipated estimates, but research and be able to say, 'at least one of five' or 'twenty percent' if you want someone to dare invest in your idea" "Always ask your self 'What problem am I solving' when you try to build up your idea'
@malkiapillowgallery3363
2 жыл бұрын
Sure
@monicakola6161
6 жыл бұрын
Straight to the point "what problem are you solving"? I find myself always trying to give a reason why instead of answering 'What' which I see is happening in this session. Let me work on my 'what' and get ready to talk business when I meet you, great work you are doing indeed I'm truly inspired.
@zamokuhlenjabulozwane976
6 жыл бұрын
its not about the WHAT but the WHY. i would recommend Simon Sinek start with WHY
@oscarmsibi9494
6 жыл бұрын
Just a rough idea for the guy who was thinking about starting/developing a personal trainer app, well Vusi mentioned one of the cons about the app would be that some personal trainers might give clients their private numbers and as a result the platform might lose money....well that's true, but i was thinking of an idea that would keep those clients coming back like, if you book sessions with the same trainer,you'll get (for example) one free session every after nine sessions!
@dareafolabi
5 жыл бұрын
To those who say Vusi was brutal, the market is not any kinder.
@hlengiwezondo1602
6 жыл бұрын
That lady in the beginning is so cute!
@Okeh_Emmanuel
4 жыл бұрын
Your discussion with the guy who was running a construction marketplace helped me refine my business.
@siyazola8531
6 жыл бұрын
I'm not sure I'd want to give my business ideas to the public like this though.
@boipeloramotse6240
6 жыл бұрын
Lol i agree with you so much
@thatomakofane4562
6 жыл бұрын
Yeah but then again you might get be setting yourself up for failure by blindly ignoring other factors. Plus you don't have as much knowledge as the next person. There's always room to learn more. You never learn anything in life if you think you're always right.😉👊
@siyazola8531
6 жыл бұрын
bantu thato I fully agree with your statement but you missed my point. I should think the reason these people went to the workshop was to learn and get more knowledge from others. My statement speaks to making people's business ideas public on KZitem for everyone to hear. Those people don't want opinions from KZitem followers if they did they would have made public announcements on social media and asked for opinions from the public. One of the dangers of publicizing someone's business idea like that is that it can easily be stolen perhaps by someone who has better resources, better capital and so forth.
@mosesa
5 жыл бұрын
I think he knows from experience and stats that 90 - 100% of new/amateur entrepreneurs THINK they have an idea and run with it. So they are always going to say rubbish but think it's an idea. An entrepreneur with a foolproof/solid idea can confidently say it because in order to steal it you will have (to have insight) to go and do some research the gap and market. You don't have an idea until you have done the homework; the need, customer and market research.
@meekgwebu7657
5 жыл бұрын
@@siyazola8531 true man dts wat these coperations do they hunt for ideas anyway n before yu kno it yu see it on tv...
@onkekoko3759
6 жыл бұрын
And it's only 26:16. This is great content, may you please make more of these. It has helped me scrutinize and improve an idea I have.
@zaneleradebe8954
6 жыл бұрын
Me too
@siyasuccess
6 жыл бұрын
This is great, we need more of such entreprenerial converastions based in SA
@bantubonkemaarman9233
6 жыл бұрын
We need one of these in Cape Town, please come down.
@bigdata9605
5 жыл бұрын
black excellence right there... we need more of these
@maxk5831
5 жыл бұрын
stop the black black thing
@matshweneemoshiaiii5084
5 жыл бұрын
I disagree with Vusi on the guy who talked about ironing and producing a certain clothing material. The guy has a great idea. Go for it guy...it will work.
@PhathekaPkay
5 жыл бұрын
PnP is currently working on an account concept!!
@1murkeybadmayn
6 жыл бұрын
saw two of this guy's talk a couple years back, nice to get some more knowledge from him...
@pheaganemokoena
6 жыл бұрын
VT i wish you could upload more of what went about during that session,great content as always,straight to the point and very insightful!
@simonkahungu361
5 жыл бұрын
I think and suggest he does not only consider short-term profit/benefit he targets LONGTERM PROJECT BENEFITING that is why he is asking WHAT PROBLEM ARE U SOLVING
@dozerdrives
6 жыл бұрын
..everybody's trying to be a middle-man via apps or some-such.. no-one's trying to get their feet and hands dirty in this "class".. construction (want to build an app for contractors to meet clients), gym stuff (health-seeker to find a trainer), bank details verifier (to link banks to run-away clients).. ..no-one's got a product to sell here...
@BahariNyeusi
6 жыл бұрын
Dozer Drives I totally agree.
@Okeh_Emmanuel
4 жыл бұрын
The truth is that people are already solving most of the problems, but helping them solve those problems at scale improves their efficiency at solving this problems better. Lack of clients or customers is a very big problem, and lack of information for realiable problem solvers is a big big problem too
@sifisokubuli8942
6 жыл бұрын
If I’m selling clothes for instance. I’m not solving a problem per ser I’m proving a basic necessity. It’s not a “pain or problem” it’s a necessity. Spot the difference
@AG-jd8rb
6 жыл бұрын
yes, you doing business, not entrepreneurship.
@sifisokubuli8942
5 жыл бұрын
Andile Grace Dlamini Whats the difference?
@AG-jd8rb
5 жыл бұрын
i will loosely say, entrepreneurship is taking the risk to invent, design and introduce a new idea in business, whilst business is doing whats already existing or slightly improved but not changed, another mans idea....
@mmathabomoeketsi3422
5 жыл бұрын
Well said Sifiso Kubuli
@leonmalomane2270
5 жыл бұрын
The guy (trainer) just very clear and simple
@billcapital899
6 жыл бұрын
Main take aways... "what problem are you solving"? & "Offline drives Online"
@mindgoal9251
6 жыл бұрын
I suggest this good book: The Millionaire Fastlane by MJ DeMarco... every entrepreneur should read it - more than once!
@kholofelolebepe9637
6 жыл бұрын
Yep
@sipholushozi2722
5 жыл бұрын
You are doing the best and I started selling some staff and they bought my staff the same day, but it's the products I make. I am looking to what you doing but not more about what you do, the confident you have that's whats drive my dream up. Next year I will make it for sure
@tatianamassangu3221
5 жыл бұрын
I need a brainstorming like you for helping me to let my business grow
@tttrtmtsh6019
6 жыл бұрын
Hello,im a newly subscribed SOuth African Individual, you keep me driven and having a hardcore ground
@theblacks1067
6 жыл бұрын
Mmm........gap in the market and market in the gap.......quite an insight.......That's my guy Vuci
@siphenkosifiltane4200
Жыл бұрын
Thank you Vusi, you showed flaws on my idea, I needed this.
@ThabangMkhwanazi
6 жыл бұрын
Hmmm, Great content and priceless information. I think learning from practicing entrepreneurs is way more valuable than information you'll find in any school. Books teach "concepts and theories", Entrepreneurs teach "practicality and expertise".
@zaneleradebe8954
6 жыл бұрын
I agree but the books also help
@ThabangMkhwanazi
6 жыл бұрын
That I cannot argue with, I am a life long learner too. I believe that learning never stops. Once you stop learning, you stop growing.
@morekolodiwagar1792
6 жыл бұрын
Now i understand why some countries have been called developing since i was born...
@inani6001
6 жыл бұрын
Wow, I can't believe I was captivated by this. I am laughing at myself... Anywhoo, Vusi what problem are you solving by doing these MasterClasses?
@Travelteez
5 жыл бұрын
Great advice. Nothing beats being your own boss...
@mpilokhumalo3202
6 жыл бұрын
Very interesting, thank you for this. People doing camera for you FOCUS.
@frizadube3775
5 жыл бұрын
Personally,I would have passed this masterclass, probably the only one.After vusi of course.
@onelezembe5365
6 жыл бұрын
Jaar this guy knows his story nd other than that he iss a good listner
@daughtaofthesoil3510
5 жыл бұрын
He is great! Need to find him asap to engage with.
@kefalotsemotlhoki204
6 жыл бұрын
Very informative, inspired!
@mohludi8050
5 жыл бұрын
Powerful presentation. Thanks so much for the vedio
@lebohangandries2459
6 жыл бұрын
VT YOU AN INSPIRATION, MY GUY.
@davidmathenjwa2293
6 жыл бұрын
if vusi can be the president of our country (sa), there wont be poverty and crime. like if you agree
@rogernkosi8420
6 жыл бұрын
Nonsense... Crime?
@britemphuthi2980
6 жыл бұрын
Important question one need to ask themselves. 1. What is the problem you are solving. 2. Do you have a market excess. 3. What are the Laws that may work against your business idea or what you want to venture into? 4. Can your business use the "offline drives online" method. 5. It's your business strong enough and needed enough in the market that no other intermediater can disrupt it simple by doing what you are doing? 6. Always try to come up with ideas that make complex problems simple e.g. like the Huawei example he did. 7. Read more about the market that you want to tap into than just assuming that your idea will work.( Read that is the important word)
@clarencemapulanga
10 ай бұрын
I love the honesty by vusi
@mzshatu
6 жыл бұрын
I like how he says one knows they are wrong by saying many and or most people but the says most people don't read their fibric. Great points though !
@tshepisosejamoholo9708
6 жыл бұрын
11:52. Pick n Pay is launching a credit facility that can be accessed through your existing Smart Shopper card, which gives you up to 55 days to pay back the money you borrow before the interest (21%) kicks in. The facility is currently in a pilot phase and can only be used in Pick n Pay stores, including the clothing stores, nationwide
@lehlogonolopapo3119
6 жыл бұрын
That is true
@duplexetchoffo6015
6 жыл бұрын
Great information and session Mr Vusi
@pinkynngwenya6448
6 жыл бұрын
Hi Vusi thank you so much for informing please assist i want to know when will you visit cape town for this kind of workshop, i tried to open business but did not make it yet, please assist us by educating us this site.
@veedunge8133
5 жыл бұрын
Vusi is just amazing
@siphiwemtshweni9783
5 жыл бұрын
He might be a successful entrepreneur/business man/business advisor but he can't tell you what will work and what can't work coz he can't be an expert in every field
@webmatorwebanimation355
5 жыл бұрын
Take out the wisdom that works for you. Simple
@why_so_fly_tho
6 жыл бұрын
vusi you are a legend
@eeforest7122
6 жыл бұрын
Tinotenda Mashavave your right
@maddemadetv445
5 жыл бұрын
Please be respectful of people's ideas, thanks
@strauuz
5 жыл бұрын
Retailers like pick n pay,game and Makro now offers credit facility for consumables
@TheZieleion
5 жыл бұрын
Watching this riveting!!
@mafeeofentse2633
6 жыл бұрын
great concept...would really like to be part of such
@ocubex
6 жыл бұрын
Always love Vusi's take on things. Why was the video flipped? It makes it difficult to follow what he is writing on the board...
@AmuMabasa
4 жыл бұрын
I gotta love the feedback he gives you as to why he disagrees with people's Ideas...Get the paperwork and the stats of your research correct...Some people just give out a No and an insult but they never really explain as to why they disagree...Is it perhaps too much admin or you just wanna insult and put someone down without there being a sense of logic to it? Conversate!!!
@lesdorco8398
6 жыл бұрын
Majority think within the same level of understanding... copy and paste then editing
@batsiraimcdonaldzulu3395
5 жыл бұрын
Thank you so much Vuso Thembekwayo. You are rely doing a great job in helping us young Zimbabwean entrepreneurs . Is there a platform where i can send my business idea and also get helped with ideas.
@mphotsibolane4950
5 жыл бұрын
OMG! Why didn't i know about this class 😭😭😭😭
@chillyman7340
5 жыл бұрын
I would love to meet him in person and learn more from him.
@sifisomaphuma2346
4 жыл бұрын
Easy to ask?? Difficult to answer it!! ("What problem(s) are you solving")?? 😰😰😢😢 ("Who told you; that it was a problem")
@giftsiphesihlenkosi9806
5 жыл бұрын
we would like such lectures at the university of mpumalanga
@chevytahoe9913
4 жыл бұрын
Uber really changed the game, 85% of app business ideas are being modeled after their business model
@missglamourous2485
6 жыл бұрын
He is right..why solve a problem which does not exist
@tshimanelebodu162
5 жыл бұрын
what this guy is doing is right, why do people have only ideas and not executing?
@monyatsiishmaelmofokeng
6 жыл бұрын
Bro Vusi I did hear advice about property crowdfunding please share
@chillyman7340
5 жыл бұрын
Danm this guy shuts people down😂😂😂
@TimothyJohnSabad
5 жыл бұрын
This was probably way before Woolworths strated their food market
@adedoyin3336
5 жыл бұрын
camera man never use Lens with thick debt of field tutorial pls get wide angle lens .
@SostiSonic
6 жыл бұрын
Hi VT for the next event let me solve your sound quality problem :) I have a business in sound hire for such events.
@videoviewer502
6 жыл бұрын
12:16 ...that idea can work be a disruptor. You lose nothing by trying...you gain experience. Already you have seen the gap in the market and there is a market in the gap. ..because you are in the industry already.
@sifisokubuli8942
6 жыл бұрын
The only time “clothing” would be justified as a problem is when there is a significant shortage of production output in relation to the targeted population. Then we’d have a problem to solve. Example:- What is Trevor Noah selling? Humour right? What “problem” did he set out to solve when he started doing comedy? None. Humour is a social emotional need it’s not a solution to any specific problem.
@mmathabomoeketsi3422
5 жыл бұрын
I love your mindset👌
@takatsopholoholo4748
5 жыл бұрын
I think we often hear what people are saying but do not really understand what they are saying. Humour is a social emotional need, you say, right? So the question would be why would you need that social emotional feeling so much so that you would end up going to a comedy show? If you have the answer to that question then you would have the problem Trevor Noah is solving.
@OgaPita
5 жыл бұрын
Trevor is not an entrepreneur. Stay within context
@Letsgetyouahouse-room
Жыл бұрын
The guy with the banking details verification. I believe if he carried on and finessed his idea, he now, in 2023 is able to do KYC and credit checks for Banks. Banks want to outsource as much tech as they can.
@canaanbanda1075
5 жыл бұрын
Why is it that the majority are going into IT businesses? Just wondering... The basic businesses tick!
@demohub
5 жыл бұрын
Super Sad and very frustrating to watch this!!! Seems like entrepreneurship in Africa has boiled down to building apps. Everyone with a business idea has something to do with "apps". While tech startups sound sexy, trendy and cool, the real gem is in the non-tech sector. Education, farming, constructions, health, e.t.c. I personally would like to see a focus on that!!! Case in point. I had a friend who tried to build an Uber app for a West African country (i won't call the name). Of course, it had a hard time succeeding. Why? Because of the lack of basic infrastructure. Uber works in the Western countries because they have the basic infrastructure down. The roads are good, electricity is abundant to keep the computer servers powering those apps up, e.t.c. To me, trying to build apps, without solving the basic infrastructure problems is futile. It's putting the cart before the horse! And I see too many young entrepreneurs falling for that. Someone needs to hit the drums on this (@Vusi - can you take that challenge?). Again, Tech is good...but we need to STOP over-romanticizing it while missing out on other GREAT opportunities elsewhere. Good video, nonetheless. Use this extension to see the slices I added to this video as I watched. ==> www.threelly.com Or get it directly from google chrome store here: chrome.google.com/webstore/detail/threelly-smartview-for-yo/dfohlnjmjiipcppekkbhbabjbnikkibo/
@KingSolomon88
5 жыл бұрын
InspiredNation My friend, yes we need to focus on building our infrastructures in Africa e.g roads, electricity and farming, but the downside of that is you need a huge capital and you know how hard to get funding in Africa specially for young people. For the mention reasons young entrepreneurs in Africa start thinking out of the box, by creating apps and solving problems and they’re a lot of success. For your information Lyft found before Uber, and Lyft idea really came from Zambia please read the founder bio.
@KR-jg7gc
5 жыл бұрын
@@KingSolomon88 💁🏾♂️💁🏾♂️🤦🏾♂️
@Lordlarry
4 жыл бұрын
Power
@tlokz850
6 жыл бұрын
Powerful message
@rosemaryrosinahmorero426
5 жыл бұрын
I wish u cn visit limpopo sir
@EmakhosiniSiyakhuleka
6 жыл бұрын
Why was I not invited to this? I personally prefer the question "How are you changing the world?" instead of "What problem are you solving?", but, that's just me.
@ntobekomtimkulu239
6 жыл бұрын
Sibusiso Sibeko I agree. There are a number of successful businesses that don't necessarily solve a given problem.
@tshekisochabs8971
6 жыл бұрын
Sibusiso Sibeko I like that take...super
@perekisi
6 жыл бұрын
K
@MyGrowthFundSA
6 жыл бұрын
Hi Sibusiso, we will have another one soon. Don't miss the updates, follow us on our social media pages (If you are not already)
@EmakhosiniSiyakhuleka
6 жыл бұрын
Can we confirm my attendance now already? What do I need to do?
@oathmthupha9471
5 жыл бұрын
Damn it this guy is smart
@leefarnlove2315
3 жыл бұрын
I knew there was something that kept me watching classes, you love CARS I dare you contact me . I am in the middle of project .
@victorletsheleha8582
6 жыл бұрын
I would like the opportunity to attend you seminars or your meetings. I already registered the business with my partners and so far a little guidance will take us a long way.
@janisatcompany5714
6 жыл бұрын
Hi Vusi, always enjoy your talks. What are the channels one should explore to take part in these sessions.
@periperi2151
4 жыл бұрын
reality check
@mnyorej
6 жыл бұрын
The best advice is don't take advice. Or just take ten percent. I like that. However, visu has a snobbish intellectual character that makes him undermine(soft spoken) his audiences instead of seeing light and guiding them. He just says, 'it won't work,"....so? Direct, and don't criticize.
@yonelasadana402
6 жыл бұрын
I disagree. He actually guides you on how to think. Thinking big and also you find that most people do not make adequate research on their business idea. He mentions a few hacks 1. Find a gap in the market and find a market in that gap 2. What is the problem that you are trying to solve? 3. Is it in need at the present moment and can people afford to pay... Also when he says "it won't work" he actually gives you a detail reason why. Take the guy that wanted to do the Banking clearance thing... Vusi rejected his idea and mentioned the nation credit act etc. I think this is a good guide.
@sicelondlovu2403
5 жыл бұрын
You can't ask for straight forward advice and expect it to be sugar coated.
@balozianne539
5 жыл бұрын
The guy with the idea at 15:28, please note that if it's not been done yet. It's actually very possible. It's being done in my country very successfully and if you need details on how it worked, feel free to contact me, I will give you the details.
@lebogangkekana7530
6 жыл бұрын
Good stuff
@natureworldmusic
5 жыл бұрын
Good one, but the words you've said that sounded bad, is, "it wont work". How I wish those guys finds a way to prove you wrong. So bad to tell a determined soul, " IT WONT WORK!"
@XolaniArtist
5 жыл бұрын
There more you know it is the more you dont know..
@theledidynasty
6 жыл бұрын
Wow I like this.
@justinlethwane4936
6 жыл бұрын
When is the next Masterclass and where i'd love to attend one
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