Entrepreneurship A South African Perspective 5th Edition Updated May 2026
"Entrepreneurship: A South African Perspective (5th Edition)" by Cecile Nieuwenhuizen and Thea Tselepis, published in 2023, serves as a comprehensive, practical guide to starting and managing businesses within the South African landscape. The 5th edition integrates updated legislation, contemporary African case studies, and a focus on the Fourth Industrial Revolution (4IR), catering to undergraduate students and entrepreneurs. For more information, visit Van Schaik Publishers. Entrepreneurship - a South African perspective 5th edition
- Local focus: Identifying gaps in the market caused by failing state-owned enterprises (e.g., private security, waste management, alternative energy).
- Tools: Feasibility studies tailored to high-crime areas (security costs) and unreliable infrastructure.
Weaknesses
How to Use This Book for Maximum Impact
If you are a lecturer or a self-study student, do not read this book cover to cover like a novel. Use the "Entrepreneurial Roadmap" printed inside the cover. entrepreneurship a south african perspective 5th edition
Human Resource Management: Navigating local labor laws and building a tech-savvy workforce. 5. Alternative Routes: Franchising and Family Business Local focus: Identifying gaps in the market caused
Part E: Corporate Entrepreneurship: Discusses intrapreneurship within established organizations. Key Strengths Weaknesses How to Use This Book for Maximum
A practical roadmap (first 12 months)
- Identify and validate a customer problem (weeks 1–8): 50 customer interviews, 10 paid pilots.
- Build an MVP and get early revenue (months 2–4): target break-even unit economics.
- Formalize basics (months 4–6): register business, open bank account, set up accounting.
- Secure initial funding or lines of credit (months 6–9): demonstrate traction first.
- Standardize operations and hire 1–2 core staff (months 9–12).
- Review and plan scaling (end of month 12): set 12–24 month growth targets and capital needs.