I love getting the chance to meet up with the inspirational and uber-successful women entrepreneurs in our 100 Lionesses network, whenever and wherever I can. Recently, I had the pleasure of spending time in Cape Town with Divine Ndhlukula, founder of Securico in Zimbabwe. She always has some wonderful insights to share, coming from her years of invaluable experience building a game-changing business from the ground up. She shares a particular piece of advice with young startups, which is relevant to every entrepreneur in the early years. And it will resonate with all those who are trying to manage when money is tight. She says, “Don't be tempted to take cash out of your early-stage startup venture. When a bit of cash starts rolling in, have the discipline to know that it is not your money yet. It is still the business’s money because you want the business to grow. So for you to sustain it and enjoy phenomenal growth, that anyone going into business wants, you need to reinvest all the little bits of cash that you get then you can be assured that your business will grow.” Great advice from someone who knows!
Have yourself an inspired entrepreneurial day! - Melanie