“Behind every big problem there is a big opportunity.”
Sizwe Nzima, founder of Iyeza Express and ranked by Forbes as one of Africa’s top entrepreneurs under the age of 30, was the guest speaker at the second Ineng Networking event. Held at the Lookout Hill Centre in Khayelitsa on 21 June 2014, Sizwe gave an insightful talk about his experiences as an entrepreneur, while discussing how people can start businesses to meet community needs, rather than relying on government.
Sizwe adopted the approach of lightening the load on the public healthcare system through a market-based alternative with an entrepreneurial solution. His Iyeza Express distributes chronic medication to patients who would otherwise have to wait in line for up to three hours, as well as needing to miss work. After seeing this situation, Sizwe decided he wanted to be part of the solution, not simply accepting the situation as it was.
For Sizwe, consumers should have the option of greater choice. Those reliant on government deserve the same choices as private healthcare users through a competitive economy driven by entrepreneurs.
He said government had initially wanted to stop him from providing an alternative without them, but with the backing of his customers the authorities relented and allowed his firm to operate. His solution ultimately benefits the tax payer by reducing the burden on the public health system, while giving choice to consumers who would otherwise rely on the state.
Sizwe is a graduate of the Raymond Ackerman Academy of Entrepreneurial Development, where he spent time studying with MBA students, and says that management is key to turning a great idea into a great business.
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