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SME's - entrepreneurs with no skills

Written by: Dr. Rob Smorfitt

Article Overview: South African universities have come under fire from the Minister of Education for producing too many arts graduates. What is the true cause of the problem?

Free Download - SMEs – SMEs struggling in South Africa. Why? By Dr. Rob Smorfitt
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SME's - entrepreneurs with no skills

South African universities have come under fire from the Minister of Education for producing too many arts graduates. What is the true cause of the problem?

The problem rests with our teachers at high school level. Most teachers are not numerate and this reflects in their inability to teach the relevant subjects properly. As a consequence we have poor results in the numerate subjects. So universities are receiving people who choose the arts because they have no chance of passing a degree that requires any level of numeracy. Universities do compromise the situation further by offering management degrees that do not require numeracy. What use is a manager who has no understanding of finance and budgets? What chance do they have to succeed as an entrepreneur?

Unfortunately, 17 years after apartheid has ended, there is no noticeable improvement in the education that black people in South Africa are receiving. Attempts to lower the standards by reducing the pass mark and such like, are a sop to the politicians responsible, but still leave these poor people essentially uneducated.

Our ability to grow SME's will be impacted by these facts unfortunately, and there will be limited jobs available in large business and government for these people, and therefore unemployment will continue to be perpetuated by the current circumstances.

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Home > African-Accounts > Dr. Rob Smorfitt > SMEs entrepreneurs with no skills
Article Tags: entrepreneur, entrepreneurship, numeracy, poor education, SME, SMME, Smorfitt, university, wrong degrees offered

About the Author: Dr. Rob Smorfitt
RSS for Dr. Rob's articles - Visit Dr. Rob's website

Have an MBA and a PhD in entrepreneurship. Three key areas of ongoing research are entrepreneurship and innovation in large business strategy, the impact of legislation on SME development and SME finance. 


Run my own SME blog at http://sme-smb-smme.blogspot.com as well as an entrepreneurship and innovation for large businesses blog at http://innoveur.blogspot.com 


I have been self-employed since 1982. I have started or purchased in excess of 50 businesses since then. Most were sold again and a few were shut down because of a lack of profitability. Many were run by staff or family while I worked full time in my bigger businesses. 

Author of 6 books. Written articles for various magazines, newspapers and websites.  


Experienced in research within developing countries.

 



Click here to visit Dr. Rob's website
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Re: In-House or Outsource? Re: In-House or Outsource? - Unfortunately, in the South African context, very few SMEs see outsourcing as an option. They believe it is too expensive, and they are paranoid that someone will "steal their ideas". I believe that the three main functions that cannot be outsourced are marketing, sales and strategy. These must be done in house I believe. If you do not have the marketing skills then get them. Hire a consultant or attend a course, but get the skills. Even if you use a consultant, you need to understand what marketing is about, as no one knows your market like you do. Marketing is made to seem difficult and complex, but everyone who really understands their markets, can easily learn to do their own marketing. In South Africa, labour legislation is extremely inflexibile, and consequently labour broking is a large industry. This is an ideal starting point for SMEs in South Africa, as it is a legally complex area, whih comes with severe penalties. I say do it! Rob Smorfitt
Re: Essential Leadership skills Re: Essential Leadership skills - Great thread, Yinka. I agree with Robert and GT that at any point in time we possess at least one of those skills, with the ability to call upon any of the other skills when needed. Of course, everyone is born with specific skills and traits, and some skills and traits need to be learned and put into practice first.
Generalist vs. Expert Generalist vs. Expert - Hi Kevin - great topic! I think to start a business you need to have enough of the general skills to get going. You end up having to do so many things that you need to wear many hats in your business. Even if you have partners there will always be more tasks to get done than time and people available. That being said, you need to have a vision, lead your company forward and be an expert in your field. If you're not one of the best at what you do then it will be hard to stand out and build a successful company. I think the most successful entrepreneurs are experts in a particular field but also have enough skills to be generalists when need be.
Looking for business partners and mentors. Looking for business partners and mentors. - Hello entrepreneurs, I'm new to this forum. I'm looking for partners and mentors for my new business venture. I just started the business plan. The business is related to the Securities sector. Anyone who has management skills, entrepreneurship skills or who has experience in the securities sector, feel free to contact me. I am open to any discussion/suggestion about my plan. Let’s get this business started Thank you!!!! Richard
EGO EGO - I think really successful business people and entrepreneurs, in addition to having the skills etc. to find a need and fill it effectively, need a healthy amount of ego. Just enough to know that success is achievable and nothing can stand in their way and not so much that they stand in their own way. Sometimes you have to be big enough to be teachable. That is the magic ingredient from my perspective.


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