Power couple want to help youth become millionaires

These two organisations specialise in training, skills development, youth, entrepreneurship, women empowerment and community development projects.

To empower the Vosloorus community the seminar, which was advertised via these organisations’ social media platforms, was hosted at the J Dumani Community Hall in Vosloorus on June 26.

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“The purpose of the seminars was to empower small, medium and micro enterprises (SMMEs), co-operatives, crèches, churches, NPOs, as well managers and supervisors in these types of organisations to develop skills to fund their organisations and manage finances and create wealth,” said Mngoma.

During the event, the young people who are jobseekers were given skills on how to position themselves for employment and avoid making mistakes that may compromise them from getting the jobs they desire.

SMMEs were added to a database for more opportunities. They were given a chance to exhibit their products and services to the residents.

As a well-known financial services provider, Old Mutual provided the youth with financial education training which will in future empower young people with all required tools to get out of debt and create their own wealth.

National Youth Development Agency (NYDA) representatives were also present.

Montsho-Mngoma advised young people to consider starting their own businesses.

She said the reason why it is important for people to start their own business is that the Fourth Industrial Revolution is ready to take over.

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“Which means after the next decade most people will not have jobs even in teaching since robots are now taking over the world,” she said.

She advised young people to shift their mindset if they want to become millionaires.

“No one who wants to become a millionaire and then work for other people,” she said.

She also encouraged people to consider saving towards starting their own businesses.

Mngoma advised NPO managers and business owners who are applying for funding to consider the following when applying for funding for their organisations:

• Compliance

• Accountability

• Prepare funding proposal

• Lack of quality team

• Poor profiling

• Poor selling skills

• No impact

• Research

• No track record

• Lack of patience

On behalf of the two organisations, Mngoma accepted CVs from young people who attended the event. He said they have identified at least 10 people who they would like groom and mentor in their company.

Both MEG and SI have been approached by NYDA to work closely with them to uplift young people.

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