According to a World Bank article published in November 2018 on women entrepreneurs and the future of Africa, enterprises owned by male entrepreneurs have more capital than women-owned enterprises.
This month, we shine the spotlight on a fierce lady who has bootstrapped her way into starting not just one – but two – businesses while holding down a full-time job.
Siyamthanda Makhwabe is a professional town planner, a wife and mother, owner of Kuhle Bags and Accessories and a town planning consulting business.
Fellow Motherland Mogul, Zimkhitha met with Siyamthanda to talk about juggling work, business, a kid, and a briefcase.
The Many Hustles of Siyamthanda Makhwabe
Determined to gain financial freedom, Makhwabe took the leap in 2019 to start two businesses while keeping her job as a town planner.
Leveraging her background in Town Planning and Housing, Makhwabe started a consulting business catering to SMEs and startups. Using the power of her network as a launchpad, she has run this venture in the past year purely by word-of-mouth and industry referrals.
In October 2019, Makhwabe diversified her business portfolio to include a fashion business named after her daughter, Kuhle. Here she offers affordable bags and accessories to South Africans online via social media.
She coverts a lot of customers via WhatsApp and uses Instagram to advertise what’s in stock, which markets she will be visiting and pop up stalls.
Entrepreneurship: A seat at the table
As a STEM woman working in a male-dominated space, Siyamthanda has not always found it welcoming. She explains that this dismissal boils down to the most basic things. For instance, in meetings, men are more readily acknowledged and engaged than women.
“When you sit at that table, it can be very easy to feel invisible and like a fraud, hence many women rather take the back seat”, she says, talking about the dreaded imposter syndrome that creeps in even when you know you have both the qualification(s) and relevant experience to be seated at the proverbial table.
With her ventures, Makhwabe has found autonomy and confidence in being a decision-maker and leader. This remains a key motivator for her in moving her business forward.
Siyamthanda’s Top Tips for every Hustler
Here are Siyamthanda’s top tips for female entrepreneurs on the building – not only a sustainable – but profitable business, from the ground up:
1. Before you throw money at it – innovate
There is a temptation to think that money will solve your problems. As an entrepreneur, it’s important to learn how to be scrappy. Think on your feet, look at the competition and see how you can offer more value to your customer base.
2. Stay learning and find mentors
As you grow your business, you will find out there is a lot you don’t know. It is necessary to stay curious, take short courses and prioritize soft skills. A mentor also gives you an edge in the game. Having someone who’s been there in your corner is invaluable. It’ll save you money, time and headache.
3. Never stop networking
You don’t know what you don’t know until you know.
Reach out to those in your market and those outside to get inspiration and to see what is out there. This will help expand your mind into untapped segments.
My interview with Siyamthanda was eye-opening. I think it is important to emphasize how necessary it is for female entrepreneurs to be more transparent about their experiences. The hustle does not always look glamorous and that’s okay. To all you Motherland Moguls out there, keep on SLAying and exuding your #BlackGirlMagic!
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