TY  - JOUR
T1  - Overcoming Entrepreneurial Demise: The Importance of Prior Mistakes
AU - Mkhwanazi, Thula Ralph AU - Mapanga, Arthur AU - Munapo, Elias 
JO  - Pakistan Journal of Social Sciences
VL  - 14
IS  - 4
SP  - 22
EP  - 29
PY  - 2017
DA  - 2001/08/19
SN  - 1683-8831
DO  - pjssci.2017.22.29
UR  - https://makhillpublications.co/view-article.php?doi=pjssci.2017.22.29
KW  - Entrepreneur
KW  -mixed study
KW  -questionnaire
KW  -thematic analysis
KW  -collecting data
KW  -entrepreneurship
AB  - The study focused on business mistakes and how these influenced future decision making of the
successful entrepreneurs. The study gave particular attention to mistakes made by entrepreneurs interviewed
as well as the available literature which also highlighted mistakes made by entrepreneurs and other related
matters. Entrepreneurship is a tough field which requires an individual to be well versed and savvy on a number
of different fields. Entrepreneurs are at the helm of their businesses and their decisions are final and binding.
Insights into the entrepreneurial traits will be explored further. The research aims to address the issue of
repetition of mistakes and non-sharing of lessons learned. The research aims to develop a good tool, knowledge
base and theoretical sounding board to those who want to enter the business world. A mixed research approach
was adopted and interviews were used as a research instrument for collecting data. The study was undertaken
on entrepreneurs owning single and or multiple business within certain parts of KwaZulu-Natal. Education and
business support were amongst clear findings from the study. As a recommendation, incorporating
entrepreneurship into the school curriculum would not only enhance but also accelerate entrepreneurship in
South Africa. Policies need to be explored and regulation needs to encourage as well as create a conducive
environment for entrepreneurship are necessary.
ER  -