SimplyBiz Magazine - Edition 7

Creative and unconventional… young entrepreneurs do business differently!

Did you know? South Africa has a median age of 27.6 years… these young people are running their own businesses; they’re employees in our firms and they are likely our customers.
 

According to The International Labour Organization (ILO), South Africa had the highest unemployment rate for youth aged 15 to 24 in 2020, out of 189 countries. Self-employment is a logical option in this situation.
 
In the first quarter of 2020, there were 20,4 million young people aged 15–34 years. South African youth account for over a third of the population, with those within the age group 15 to 34 constituting 34.7% of the population.
 
Despite the gloom, they are socially aware, tech-savvy and attracted to companies that act as a force for positive change.

Featuring Gen Z are in the workforce You need to know what makes them tick and how to engage meaningfully with them… Find out what makes them tick. Youth - Get your hustle on! Your generation has a lot to offer. You are energetic, tech-savvy, woke, innovative and resilient… Here are 10 business ideas to get you started. Creative and unconventional! We are featuring 10 businesses run by u30s… Find out why they got started and what excites them. Top tips from SimplyBiz young pros We asked our young SimplyBiz small-business owners to share their top tips for success.