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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

Full accreditation for MBA programme
2004-12-01

The University of the Free State (UFS) this week received full accreditation for its MBA-programme from the Council on Higher Education (CHE). The accreditation was granted after the programme was conditionally accredited earlier this year.

“The full accreditation serves as proof that the key elements of a good teaching programme are in place. After the programme received conditional accreditation, a few areas were addressed and a progress report was submitted to the CHE. This was followed by a site visit by a delegation from the CHE. We are happy about the successful outcome of the accreditation process,” said Prof Helena van Zyl, Director of the UFS’s School of Management.

“In the initial evaluation done by the CHE it was already mentioned that the UFS’s MBA-programme clearly and significantly contributes to students’ knowledge and skills, is relevant for the workplace and appropriately resourced. Now we can build on the further extension of the quality of the programme,” said Prof van Zyl.

“We welcome the CHE’s accreditation process. It confirms and protects the integrity of the group of high quality MBA-programmes in South Africa,” said Prof Frederick Fourie, Rector and Vice-Chancellor of the UFS.

The UFS’s online MBA-programme will only be evaluated next year because the CHE is still in the process of developing criteria for the on-line programmes of tertiary institutions.

Media release
Issued by: Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za
7 December 2004

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