The Big Lie of Small Business | Vusi Thembekwayo | TEDxUniversityofNamibia
A small Business can be a success, a small business doesn't have to stay small. Africa like many places is full of small businesses and struggling entrepreneurs, from small shop owners to street vendors. Vusi challenges the African business community as a whole to help grow these entrepreneurs as most businesses need capital and other forms of support from the more well established businesses and for bankers to play their part. As a continent Africa can become an economic giant of the world.
Known as a "Rock star of public speaking" Vusi is the only speaker globally to have been invited to the Dragon's Den as an investor. This is because he has built several businesses. Today, as Chairman of Watermark Afrika Fund he is spearheading a pan-African process of raising the largest Growth Fund of high growth, high potential entrepreneurs in Africa.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at ted.com/tedx
"Whatever you do... JUST START".
JUST DO IT
Wow got chills to my core. True Talk*
Litha Madabane 80% of success is showing up
That would be great! Problem is I don't know what to do....
aeron uy What is your strength? What are u good at? What is your passion or what frustrates you? That can give you an idea.
I'm an Angolan Entrepreneur and this is what I have to say: the fact that this video has less than 1 Million views in more than 1 year is the reason why Africa and African Business still have a long way to go. "They don't know what they don't know", thus no quick change will come from ignorance.
Hi Denilson we are looking for Angolan business partners
Denilson Moreira That’s People like you, us are meant to help them get it those who want to will. This is the mistake many Africans make not understanding just how deep the scars of colonisation runs in the minds of people. Even today because actually colonisation still exists just in a different guise to most people who live in the cities where there’s still a trace of “peace” but we all know there’s a lot going on below the surface like in the Congo so let’s not be pretentious. Let’s be real and those of us who still standing let us pass on the relay stick of knowledge. Less talk & judgement more action!
@@edwardsrubyg Before blaming colonialism. You need to take a deep hard look at the conduct of leaders in Africa since independence. Take a look at Uganda. In the 1900s, the Indians came to Uganda for jobs. Over time, many of these communities prospered and set up their own businesses. They built everything up from nothing. In 1972, the dictator Idi Amin said "We are determined to make the ordinary Ugandan master of his own destiny, and above all to see that he enjoys the wealth of his country. Our deliberate policy is to transfer the economic control of Uganda into the hands of Ugandans, for the first time in our country's history." Uganda, decided to expel 80,000 Indian who had made Uganda their home. Many had been born n the country. They did not know any other place. Uganda confiscated homes and business belonging to Indians. People lost their jobs. These Indians were not allowed to sell the businesses and homes, so they could have money to start a new live elsewhere. They were give 90 days to leave the country with just two suitcases. The looting of properties began before families had even left. On the way to the airport, cars were repeatedly stopped by the police, passengers were stripped of their belongings, jewellery was taken, and there was nothing anyone could do. They were further harassed at the airport. 1972, 90% of the taxes were paid by the Indians. The Indians contributed significantly to the Ugandan economy. After the expulsion, Uganda's faced economic crisis and inflation soared and imported goods became impossible to get hold of. Those who got the stolen businesses could not make them work and were run badly. The economy went downhill. Those who left had to start life with zero and faced a great deal of pain, struggle and hardship. One day they had everything, and the next they had nothing. They lost their friends and the place they called home. People were scattered. When Yoweri Museveni came to power in 1986, the Ugandan government warmed to the Asian community. He encouraged the exiles to return. A few returned, but most lost trust and confidence in Uganda. Why return to a country, which took everything from you? A country in which you were born? In neighbouring Kenya, the authorities were making it for hard to Indians to live there and many left to other countries. They feared, the country would to the same as Uganda. In 2016, despite making up less than 1% of the population, the Indians are estimated to contribute up to 65% of Uganda's tax revenues.
True
There are millions who have very little education in Africa. When you're scrabbling to exist, watching an KZhead video would be science fiction.
Vusi was invited as a speaker when I was working in corporate, I was doing very well but hated it. That night he told us that if you here and you not passionate you don't belong here. The following year I started my own clinic for women & children living in rural South Africa and I'm loving it. Absolutely amazing, Im not in finance hate when I'm asked about financials but very good with my customers and bringing good financials
Can I have your website
How are you doing?
To everyone who is thinking of starting their own business, believe in yourself and never give up.Your future self will be thankful
I will recommend you to my personal manager Automate my first investment with them was superb and profit was $23,000
That is so huge
i I’m living testimony of automate ,they change my financial status to a better standard
Automate is obviously the best, I invested $2,000 on a profit of $4000 in 7 days
I have been loosing on forex ever since I started trading, just last week I lost about $7,413 trading on my own.
Africa needs more people like Vusi.
The world needs more people like Vusi.
Carlos Spagnol :)
the world already has more people like Vusi africa doesn't so africa needs more people like Vusi
Avina Mahar thanks for the pub
Avina Mahar binary options is great
you have challenged my mindset...…. im an entrepreneur in Zimbabwe and I wont give up because of our dead economy HELLO WEALTH is the name of our company
Keep going you're doing something amazing👑👑
You will never know how rich Your Country Is Until You Increase Your Sales and Ensure that You Give the people what they need
come to Mozambique
Yassss just started a chicken in company in Zim and I want it not to be like any other. Have innovative ideas around it
Hop you are still doing good
I'm African American and I LOOOOOVE this message! I want to see Africa succeed and I know she can!
why caNT IT be a he
Aeri cah, we need to be more proactive for this mere wish to transpire into reality, the question we should ask ourselves is what I am doing to change this narrative, regardless of how insignificant might seem it can create an impact.
Aeri cah I like you. Can we be friends?
Sammy Davis
Keep watching because you will benefit too. Africa is in need of everything. Don't be afraid to travel or connect via internet. Africa is more than ready.
Its 5yrs down the line and I find it thrilling watching from kenya.
Challenge accepted Vusi. Lets grow the mindset of Africa.
Indeed we have to
Exactly
So true and great message. I started a small business and 7 years later I now realize I should have thought bigger much bigger. Great speaker btw too! Thank you.
Four years down the line and the message is still ALIVE... its time for Africa to step into the light and challenge status quo and societal blueprints. Go Vusi!!!
Amazing! One of the best TEDx talks I've seen. Ever.
+Vanessa Rubombora Seriously. Great natural gifted speaker. I want to see more of Vusi Thembekwayo!
Carlos Flores Mnj#hhjjjk
True.
Agree, and african; where are all the rest of them? I know they got them!! I live in mexico but I am attracted to the african continent a lot, so where do I go to hear more african speakers on the business subjects. All the speakers I find are in other areas, you know what I mean!!
G. G. Come in Gabon.I show you elephants and jungle.(For tourim tour).And we speak about business here in Gabon
Wow, I love this- "Faith is the ability to see the invisible, believe in the impossible and trust in the unknown!!"
No exaggeration - This talk has hit closer to home than anything else I have EVER heard!! Thank you Vusi! The Caribbean is listening...
Damn ! I love this guy, he has to be the coolest dude in Africa !!!! Way to go Vusi !! Lots of love from Egypt !!
I'm a South African rapper struggled for many years to get my foot in the door I stopped and studied money.... Best thing I ever did
Am a Nigerian this Mr Vusi was recommended in my feed. Everything single word that comes out of his mouth is pure knowledge.
Brilliant presentation. Articulate, fluent, coherent and well structured. The humour is the icing on the cake.
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
Assets that can make you successful at this moment are:
.Stocks .Forex .Real estate . shares
Speaking of being successful . I know I am blessed if not I wouldn't have met someone who is as spectacular as Mrs Debra Barton
I have been surviving through my investment with her am so glad I inves..ted when I did . cause I've earned up to 78k USD in crypto trading
O ' Yes I'm a living testimony of her good work ex..pert Debra Barton.
Vusi Thembekwayo for President of South Africa. This guy is amazing! So motivational!
Watched this in 2016, 2017 and now again in 2018. This video is a masterpiece.
When I asked my followers from different platforms what are they immediate financial goal, most of them said that their want to make their first million. So that's what we're doing today.
Forex/stock is the best investment anyone could get into. As it could make you rich in a blink of an eye.
@Lethabo Williams it's not recommendable to go into trading or investment when you don't know how it's done
@Melissa REID Can you imagine how happy I'm and earning huge profits through the help of expert Mrs Galia Benartzi? with her help I've earned my first ($18000) ❤️
@Clara Gregory I wanna get involved, to make and save out some money, share me her updated way to start up right now, I'm gonna start with $500
@Kate Benaym I'm glad to share to you all on talking about stocks, Forex and cryptocurrency trading is the most profitable venture I ever invested in, I reached my goal of $30k monthly trade earnings. Am feeling happy meeting up viewers here are already familiar with Ms Galia Benartzi trading
Absolutely the best talk on TED for entrepreneurs.... unique, insightful and extremely inspirational!!
So sad something as inspiring as this barely gets 50,000 views but 50 million people have joined Yemi Alade to look for Johnny.
It's a pity!
hahahahahaha that killed me!!!!!!!
Daniel Ngongang it's Africa
Daniel Ngongang 😂😂😂😂
Daniel Ngongang the ever elusive Johnny it's the most insignificant things that people subscribe to
15:03 We need to create a culture that says start. Start badly. Start scrappy. Make mistakes. Fail. Start again. But whatever you do...just START!
Watching from namibia and I love this guy...he inspire me for greatness
This is the best of all TED talks.
Michael Alexander Briseño Ummmmm,...no.
What a powerful and inspiring speech,we need more of this attitude.
True !!!
Lame I win all arguments your info is so wrong omg Pew Research already suggests ur wrong
Learn the info you dont know
He's not spitting ryhmes, he's spitting KNOWLEDGE!
He sure is.
Love you brother! We, the kids of Africa are doing it. I have started a hospital in Kenya which will eliminate medical tourism in Africa.
I live in Trinidad and just found out about Vusi a few days ago and ever since I have been binge watching videos. so radical! Unlike any I have heard before
I am proud to say that l've started, 6 months in and posting my 2nd quarter Newsletter in July. Started off on a great high, then came the pain of rejection from the business community, the struggle to pay bills, the failures, owing institutions money, the mistakes. That has been the downside. On the upside, the strong recommendation letters from clients, support from the community in my projects, the affiliation into recognised associations, working with equally ambitious young people. I really cannot wait to see myself five years from now! Entrepreneurship is the BEST decision l ever made for myself. Still on my 8-5 but slowly getting out of that grind. So yes Vusi, l totally relate when you say , "Just start!".
Any update
Mr. V. Themebekwayo your material has grown at all level.
Incredible talk! I’m from India and I really want Africa to flourish in business and entrepreneurship. It’s gonna be so interesting to watch.
Thank you for your kind words
What he said about asians is true, they start a shop in the view like a 'Kingdom' which their next generations should keep carrying on. Thus, start ups are done for future generations.
And yes Africa as a whole should economically develop
I believe am not late watching this. You have really spoken to my life. Thx Vusi, i have to start on my journey
This guy just solved my problem. Thanks Vusi!
lol 😂 I know right!
This is the best ted talk I have ever heard.
*Just Start*... That line just killed me
One of the best TED talk I have heard in a long time.
If I were in South Africa I would votr for you as the next president. I like the honesty of this guy, he is not these reach people who give us dubious facts like I worked hard and so forth. His theories are real they apply to ordinary people and are facts. Asante Yesu. Infact I have a mental crush on this man.
I particularly drew inspiration from Vusi’s personal story at the end of the segment. Persistence and staying the course when things seem bleek is the one constant in every successful entrepreneur’s path (road) to success. “Just start”. Well noted, Vusi. Thank you. Another powerful public speaking event.
What i needed to hear as the Year start. Thank You Vusi.
Wow I love the way he defined faith , the ability to see the invisible, believe in the impossible and trust in the unknown !!
I recognized him from the Swissgarde conference I once attended in Jo'burg. I like his thought processes. Africa certainly needs a new ideology
meen i swear vusi is just goals goals goals,typa mentality we need in africa
Beautiful! This was very informative and I love the statement regarding bringing the ideas and initiative of the whole African diaspora back to the African continent.
Much respect to this guy and that Ted Talk from Brazil
Wow!This was a great speech! The ending kinda brought tears to my eyes! Every Africans with a dream/goal needs to see this!
Thanks Vusi we have a palm oil business that aims to solve the problem of palm oil adulteration in Nigeria and Africa as a whole. This is indeed a motivation for us to keep going regardless of the hurdles we have had to face. God bless you sir.
Nice one reply with ur Instagram ,or Facebook handle we can do business together
This is so deep, as an entrepreneur, i see myself all in what Vusi is saying. FAITH
Powerful. Very inspiring. Africa is the future and we are ready to take it. Thank you Vusi. God bless you Man.
This is such a blessing to watch... In today's World it's so difficult to have someone believe in you. We struggle a lot and fail so much both in private and public spaces but I believe some day, we would make it!
Thank you so much brother. Stay as you permanently and growing as well.
YES THAT'S WHAT I TELL WE NEED TO GROW OUR OWN CONTINENT
I'm with you Roland ✊
this man makes everything seem possible again, am inspired i have been rejected by so many people asking for mentorship its a humbling experienced.
Big up to you Vusi, I am looking forward to seeing you soon at TUT. You`re awesome....Your speech gave me courage in my business....
Best TEDx. Hands down. A real authority speaking cogently about something that matters.
My PRECIOUS BROTHER you are too AMAZING!
Sheer truth telling. The end...astonishing. Thank you so much for your generosity.
Wow, just wow! Powerful words! Vusi Thembekwayo never disappoints!
Wow, what an amazing gentleman. I'm so inspired that maybe I too don't need to give up on Africa.
Thumbs up those watching in 2019!
🤮
Well 2020 haha
One of the best ted talks I've ever seen about business.
Really moved me to wanting to start my own small ICT biz from scratch. God help me
This interview is gold. How I found it 8 years later is still a puzzle for me. Thank you Vusi.
Yessss I'm starting. We are going for BIG business models. There is absolutely no reason us not to succeed on that level. We can do it!
Most powerful words “change the conversation” which i agree with 100%
"We've had conversations that makes it okay for Africans to just be be okay" powerful
Real Intelligence and concise message. I am proud of you sir and honored that I get to watch this video. Keep up the faith Bro...Keep up the faith!! Because this continent really needs it.
Thank you very much, Vusi Thembekwayo. That was very inspired. It will be a pleasure by having you here in Angola, Luanda and Benguela.
one of the best talks I have watched till date. Incredible speaker!
He spoke very well and made some challenging points. And not just for Africans; much of this is applicable everywhere.
There was a great show I caught on a non cable network it was called, "African Americans without borders". Basically it showcased 5 different types of African American entrepreneurs who went to Africa to Start their businesses.. One lady was a real estate investor, 1 guy was an accounting, one person opened up hospitals.. can't remember the other 2 youtube it.
This is brilliant, share and listen to repeatedly. And his story at the end...is brutally true. Progress and success is far from a straight line. Many curved paths, dead ends, potholes and detours along the way. Be diligent, disciplined, persist and execute...
Short, sweet and direct. Had my attention from the beginning till the end. I'm so motivated!
Vusi I just have to say amen to that!! Now it's our turn to shine!! Arise Africa!! I strongly believe that entrepreneurship is the way out from the dark scenario Africa has been facing. Thanks for the talk, your message was effectively passed.
For first time I have seen such a good speech from an African, kudos! Getting goosebumps, this talk is applicable for anyone in their own context.
I am on the second restart with a twist of diversification and this has just reinforced my believe that it is possible. Thanks V.T.
Network marketing fully encumbers all the solution that vusi highlighted. 💯
This guy here is simply excellent
This was so insightful. It's my second time watching this. The first time was most probably a year ago and now, it hit me hard. It is starting to make sense why most startups don't grow. Thank you Vusi
Wow, Vusi is the REAL deal!!! Our Mindset and the structural problems are the deepest challenges we have in Africa. Listening from Boston, MA - USA
Amazing speaker. The reason I have been able to stay in business for almost 10 years starting from nothing is by listening to great speakers like this and being open to new ideas. Work hard and keep your mind open.
Oh Lord this is just it.What else is missing.Heard this in 2020,who can relate?
This is superstar talent, keep an eye for him guys in the coming years!
'You and I today need to have a little faith in our OWN continent.'
This is what África needs, our own movers and shakers. Waiting foi handouts from overseas won’t move us out of poverty. Bootstraps will. And most importantly as the speaker said “ FAITH” in the motherland.. thank you very much and a blessed day everyone..
I have faith for all of us... thank you
Amazing talk. I'm moving from a legacy to a philosophy business.! Thanks Vusi.
I love the way he highlights that his generation were about getting good grades and getting a job. My generation you get good grades but there's no job. We can't be all be Entrepreneur's.
He is a very gifted speaker with tremendous insight. I hope he runs for president of South Africa but it would be wise to include God for strength and direction. The best business partner anyone could have.
I just googled KOTAs. At this moment I realized I have not truly eaten. 😧. Omg it’s looks so good!!!!!🤤🤤🤤
Woow i love this one. If you want to make a legacy just start that thing u think can bring a difference in you and your pple. JUST START. Am applying this one
I have always loved Vusi, he is one of my most admired Speaking Leadership Consultant like Fela Durotoye
Just start is the best part ever. I've been trying to explain this to some close friends of mine but they dont get it. JUST START and ADAPT (PIVOT). Great speech! Thank you!
Great great talk by a very confident man 👏🏿👏🏿👏🏿👏🏿
still as awesome as it was when i heard it live #TEDxUniversityofNamibia#
Hey Alex, how do you get to attend th e at TEDtalks?
This is the BEST Ted Talk I have watched. Very real. That guy can speak and the message on point.
Thanks brother, well said. Love from Dubai but originally from E. Africa. I have really enjoyed your speech.
Okay, now I love Vusi even more.
Brilliant and well articulated inspirational talk. Many thanks bro....💪🏿
Vusie Am proud to know there are Africans who think like me. You are such an inspiration. You are talented in many ways
Seven years on......the message is still loud and strong, Africa needs ti have very strong FAITH......and most of all UNITY!!! Thank you Vusi......we need more of you in this continent.