Tsomo-born businessman, Nangamso Ntlemeza, says that the secret to being successful in business is to be passionate, starting small and not be lazy.<\/p>\n\n\n\n
He recently shared his rags to riches story, as motivation to other young business owners and aspiring entrepreneurs, during the Youth Business Summit held at Mthatha Stadium on Thursday, July 6.<\/p>\n\n\n\n
The summit was jointly hosted by the National Youth Development Agency, National Federated Chamber of Commerce, and the South African Youth Council.<\/p>\n\n\n\n
Having started his business journey by supplying fruit and vegetables to street vendors, Ntlemeza now owns a chain on MTN franchise stores in Mthatha and Mount Frere.<\/p>\n\n\n\n
\u201cI started my business by supplying fruit and vegetables to street vendors back in 2017. I sold a private car I had for a bakkie. I would drive to Durban in the evening to get my fruit and vegetables stock, and by the following morning I would sell the stock to street vendors,\u201d Ntlemeza recalled.<\/p>\n\n\n\n
He further said that he also used his bakkie to deliver items such as furniture from Mthatha town to his clients\u2019 places of residences as another source of income.<\/p>\n\n\n\n
Today, the trailblazing Ntlemeza\u2019s self-funded businesses have a monthly turnover of R2 million, and currently employ 38 permanent staff members that are 100 percent youth with more businesses in the pipeline.<\/p>\n\n\n\n
\u201cThe reality is that there are a lot of businesses for the youth. If you look at our villages, businesses have been taken over by foreign nationals and that is a space where youth should be starting their businesses,\u201d said Ntlemeza.<\/p>\n\n\n\n
He said that most businesses do not even need educational qualifications, but passion and determination.<\/p>\n\n\n\n
Ntlemeza said that he is working on opening more businesses that will create 150 job opportunities for the youth from now until the end of 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tsomo-born businessman, Nangamso Ntlemeza, says that the secret to being successful in business is to be passionate, starting small and not be 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