Approaching your first client as a young entrepreneur

Gugu Mjadu Successfully building a client base: Advice for start-up, young entrepreneurs Attracting and retaining clientele is an integral part of running a successful business – irrespective of its industry, structure or size. Although a challenging feat for all entrepreneurs, this can be particularly trying for young entrepreneurs, who have not had the privilege of building up a network of business contacts and potential clients over a number of years. This is according to Gugu Mjadu, spokesperson for the 2016 Entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS , who says that young entrepreneurs are often so focussed on the novelty of establishing their own business venture that they forget the importance of securing an initial customer base. “Regardless of how innovative or necessary a new product or service may be, clients are ultimately the deciding factor in whether or not a business venture will be a success,” she says. Mjadu explains tha...