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25 April 2019 | Story Igno van Niekerk | Photo Igno van Niekerk
Allon Raiz
Entrepreneurship is the future: Allon Raiz provides tools for tomorrow at recent UFS Business School guest lecture.

Allon Raiz treated staff and students to an entertaining, insightful and thought-provoking session on Lose the business plan: what they don’t teach you about being an entrepreneur on Thursday 10 April 2019 at the Bloemfontein Campus. The University of the Free State (UFS) Business School hosted Raiz for a guest lecture on going beyond the business plan.

Raiz, the founder and CEO of Raizcorp is the host of The Big Small Business Show on Business Day TV. He is also the author of two best-selling entrepreneurial books, and he literally gets down to earth about talking business issues when he takes off his shoes as he takes the stage to deliver a talk.

What they don’t teach you

Raiz started the session by sharing the fact that 96% of small businesses fail within 10 years. From his research and experience, he shared the three main attributes always found when studying successful entrepreneurs: “They see opportunities, take risks and add value.”

He was however clear on the fact that there is no such thing as a typical entrepreneur. “It is not about a set of characteristics, it is about a set of probabilities.”

Effective entrepreneurship education

After sharing his personal journey to entrepreneurial success, Raiz explained that entrepreneurs had different expectations in terms of how much they wanted to earn, and how big they wanted to grow their businesses. Although entrepreneurs come in all shapes and sizes, there are some generic tools which all entrepreneurs can use. These include finding role models, being resilient, and having an internal locus of control. 

The essence of Raiz’s message was that no matter what you want to do, don’t wait and make plans – take action. In short, lose the business plan – start working on the business.

News Archive

Cardiology Unit involved in evaluation of drug for rare genetic disease
2013-01-04

Front from the left, are: Marinda Karsten (study coordinator and registered nurse),
Laumarie de Wet (clinical technologist), Charmaine Krahenbuhl (study coordinator and radiographer),
Lorinda de Meyer (administrator), Andonia Page (study coordinator and enrolled nurse);
back Dr Gideon Visagie (sub investigator), Dr Derick Aucamp (sub investigagtor),
Prof. Hennie Theron, (principal investigator) and Dr Wilhelm Herbst (sub investigator).
Photo: Supplied
09 January 2013


The Cardiology Research Unit at the University of the Free State (UFS) contributed largely to the evaluation of the drug Juxtapid (lomitapide), which was developed by the Aegerion pharmaceutical company and approved by the FDA (Federal Drug Administration). Together with countries such as die USA, Canada and Italy, the UFS’ Unit recruited and evaluated the most patients (5 of 29) for the study since 2008.  

The drug was evaluated in persons with so-called familial homozygous hypercholesterolemia (HoFH).  

Following its approval by the FDA, Juxtapid is now a new treatment option for patients suffering from HoFH. The drug operates in a unique way which brings about dramatic improvements in cholesterol counts.  

According to Prof. Hennie Theron, Associate Professor in the Department of Cardiology at the UFS and Head of the Cardiology Contract Research Unit, HoFH is a serious, rare genetic disease which affects the function of the receptor responsible for the removal of low-density lipoprotein cholesterol (LDL-C) (“bad” cholesterol) from the body. Damage to the LDL receptor function leads to extremely high levels of blood cholesterol. HoFH patients often develop premature and progressive atherosclerosis, which is a narrowing or blockage of the arteries.  

“HoFH is a genetically transmitted disease and the most severe form of hypercholesterolemia. Patients often need a coronary artery bypass or/and aortic valve replacement before the age of 20. Mortality is extremely high and death often occurs before the third decade of life. Existing conventional cholesterol-lowering medication is unsuccessful in achieving normal target cholesterol values in this group of patients.  

“The only modality for treatment is plasmapheresis (similar to dialysis in patients with renal failure). Even with this type of therapy the results are relatively unsatisfactory because it is very expensive and the plasmapheresis has to be performed on a regular basis.  

“The drug Juxtapid, as currently evaluated, has led to a dramatic reduction in cholesterol values and normal values were achieved in several people. No existing drug is nearly as effective.  

“The drug represents a breakthrough in the treatment of familial homozygous hypercholesterolemia. The fact that it has been approved by the FDA, gives further impetus to the findings,” says Prof. Theron.  

In future further evaluation will be performed in other forms of hypocholesterolemia.  

According to Prof. Theron, the findings of the study, as well as the recent successful FDA evaluation, once again confirms the fact that the UFS’ Cardiology Contract Research Unit is doing outstanding work.  

Since its inception in 1992, the Unit has already been involved in more than 60 multi-centre, international phase 2 and 3 drug studies. Several of these studies, including the abovementioned study, really affected the way in which cardiology functions.  

The UFS’ Cardiology Contract Research Unit is being recognised nationally and internationally for its high quality of work and is constantly approached for their involvement in new studies.  

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