Msimango-Galawe, Jabulile
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The Critical Success Factors for Entrepreneurial Coaching in South African Business Incubators Ndlovu-Hlatshwayo, Elona; Msimango-Galawe, Jabulile
Jurnal Maksipreneur Vol 13 No 1 (2023)
Publisher : Universitas Proklamasi 45

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30588/jmp.v13i1.1520

Abstract

This study examines the critical success factors for entrepreneurial coaching in South African business incubators through a qualitative method that involved interviewing 32 participants. The research aimed to identify the factors contributing to successful coaching interventions between coaches and entrepreneurs. The key findings include the importance of demographics, diversity, and cultural intelligence, coaching relational aspects, the coach’s personal attributes, the entrepreneur’s characteristics, the coach’s competence, and coaching elements. The study highlights the need for coaches to possess emotional intelligence, empathy, and a cultural understanding of their coachees. Additionally, the research underscores the significance of coaching programs and methods tailored to the unique needs and characteristics of the entrepreneurs being coached. The study’s findings have significant implications for coaching practitioners and program developers who work with entrepreneurs in South Africa, and it underscores the need for a nuanced and culturally sensitive approach to coaching and mentoring in the context of South African business incubators.
How have the Challenges Faced by Gauteng-based Township Small Business Evolved since Covid-19? Msimango-Galawe, Jabulile; Mohodi-Nteo, Lerato Palesa
Jurnal Maksipreneur Vol 14 No 1 (2024)
Publisher : Universitas Proklamasi 45

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30588/jmp.v14i1.2064

Abstract

This study examines the evolving challenges and potential solutions for township-based small, medium, and micro enterprises (SMMEs) in Gauteng, South Africa which are crucial in mitigating poverty and unemployment. Historically, SMMEs in townships were overlooked by policymakers, limiting their growth and sustainability. Through semi-structured interviews with 18 SMME owners, this study reveals that while some challenges remain consistent, they have shifted in nature. Before Covid-19, internal factors such as financial management, business operations, and human resources were predominant obstacles. Post-pandemic, however, external factors such as market survival, consumer buying power, and heightened unemployment emerged as significant threats. The pandemic left SMMEs in survival mode, with many unable to attract customers due to the declining purchasing power of their communities. Notably, mental health issues among business owners became a pressing concern, highlighting a need for psychological support. The study identifies job creation, skill development, and accessible government funding as essential solutions for fostering SMME resilience. Addressing these evolving challenges with targeted support could enhance the stability and growth of township SMMEs, promoting economic empowerment in the long term. The findings underscore the importance of adapting policies to the shifting needs of SMMEs in a post-pandemic landscape.