Business · South Africa
Why the Entrepreneurial Spirit Matters for Business Growth in SA
Moneyweb · 2026/02/04
Summary
Keith Michael, the Founder and CEO of Lebone Media, emphasizes the importance of having an entrepreneurial spirit in South Africa's current business environment. Entrepreneurship is not just about starting new businesses but also about being innovative, taking risks, and solving problems creatively. In a country facing economic challenges, this spirit helps individuals and communities to grow and succeed despite obstacles. Entrepreneurs contribute to job creation, economic development, and social improvement. Keith Michael encourages everyone, including young people, to develop this mindset to help build a stronger and more resilient economy. The entrepreneurial spirit fosters self-reliance and drives change, making it essential for personal and national growth.
OnABudget takeaway: Embracing an entrepreneurial spirit can help consumers and small businesses find new opportunities to save money, increase income, and thrive in tough economic times. It shows that creativity and self-motivation are key to financial success.