Grow South Africa?
It is widely believed that koi and goldfish can only grow as large as the habitat they are in. Some grow big and others stay small, it’s all about the size of the pond or bowl. This got me thinking about businesses in South Africa and the constraints posed by our environment here. Your business can only grow as big as the environment it is in. So if you want to scale, can you do it from SA?
There are a lot of advantages to starting a business here. A few come to mind:
SA holds the crystal ball on trends elsewhere. We tend to lag behind First-World countries in adoption of certain trends and technologies. For example, daily deal sites like Groupon, online shopping platforms like eBay and online music stores like Apple iTunes were well-established overseas before coming to SA. The i Tunes Store l aunched i n SA i n 2012, some nine years after Apple launched its iTunes Store in 2003 in the US. This lag-time means that SA holds a crystal ball on global trends and the businesses that arise from them. We can see what trends are happening in First-World countries before they happen in SA. This creates an ideal opportunity for first-mover advantage here. Why?