Ready for launch?

When I left my job at AfrikanSwiss. I was not doing much for a few months and a friend of mine suggested that I take my Twitter handle and make it a business. I was nowhere but I decided then and there to take a leap of faith and see what it could become. I borrowed R8 000 to make 100 jeans. It took six months to sell them...

Tshepo Mohlala

Once you have tested your idea and found that there is a market for it, you might decide that you want to take the plunge and go into the business full-time. As we mentioned in Part 1, you will need to ensure that you have enough capital to cover your costs until the business starts generating a profit. These costs are:

  • The initial costs of starting the business
  • The recurring monthly costs of running the business
  • Your own living expenses

Fact

15% of the 4 000 Yoco merchants started with a side hustle, but everyone's path is different. Read more about how real business owners got their start in the Art of Getting Started.

There are a number of ways of getting the funds you need. In the next module we look at how to fund your business. But remember, always connect back to your ‘why’ – when times get tough that will be your fuel.

Good luck on your journey!

Tshepo Mohlala

Founder & Creative Director
Tshepo the Jean Maker