Yogavelli Nambiar, Chief Executive Officer, Allan Gray Orbis Foundation

Yogavelli Nambiar, Chief Executive Officer, Allan Gray Orbis Foundation

Yogavelli joined the Allan Gray Orbis Foundation in October 2017 as its Chief Executive Officer. Previously she was the Founding Director of the Entrepreneurship Development Academy at the Gordon Institute of Business Science (GIBS).

Podcast

Overview

Starting a Business is one of the biggest challenges any entrepreneur will face. There are many questions to answer at the very beginning when starting a business, but the most difficult one is the question of what exactly you want to do. Yogavelli Nambiar, Chief Executive Officer, Allan Gray Orbis Foundation to talk about her experience of starting a business.

00:41- About Yogavelli Nambiar

  • Yogavelli joined the Allan Gray Orbis Foundation in October 2017 as its Chief Executive Officer. Previously she was the Founding Director of the Entrepreneurship Development Academy at the Gordon Institute of Business Science (GIBS), the business school of the University of Pretoria, where she led the school’s entrepreneurship efforts.
  • She started the Academy in 2014 to offer scholarship-based education and support to entrepreneurs of start-up, micro, and small enterprises who were previously marginalized or underserved, leading to it being commended by the Cabinet and receiving other awards.
  • During this time, she taught in the Social Entrepreneurship Program on business models that can be used to create social change.

05:48- Challenges of potential startup entrepreneurs in South Africa or Africa

  • Getting access to entrepreneurship education.
  • Starting a business and putting income in danger is a very difficult decision to make.
  • You do not get a lot of support from a financing perspective. Accessing the market is difficult.

12:00- Three reasons why startups fail

  • If you are not working on the mindset, if you’re looking at entrepreneurship as a solution to all your problems, it won’t work. You need to have a strong sense of purpose.
  • They do not reach out for help.
  •  I see a lot of startup entrepreneurs not properly understanding their Market.

RESOURCES:

You can connect with Yogavelli Nambiar- LinkedIn

Profile

  • Yogavelli joined the Allan Gray Orbis Foundation in October 2017 as its Chief Executive Officer. Previously she was the Founding Director of the Entrepreneurship Development Academy at the Gordon Institute of Business Science (GIBS), the business school of the University of Pretoria, where she led the school’s entrepreneurship efforts.
  • She started the Academy in 2014 to offer scholarship-based education and support to entrepreneurs of start-up, micro, and small enterprises who were previously marginalized or underserved, leading to it being commended by the Cabinet and receiving other awards.
  • During this time, she taught in the Social Entrepreneurship Program on business models that can be used to create social change.

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