Founder: Thuto Chopo
Alkebulan reduces the gap between the corporate world by targeting students in higher learning institutions and make purchasing easy between service providers, buyers and sellers. This forms a seamless end to end link between students and all services and products available for students on campus. In addition it enables students to earn quick pocket money for themselves.
BUSINESS PRIOR TO PARTICIPATING ON CED
I knew that I wanted to be active in the entrepreneurial arena with many business ideas which were not fully developed. I was looking for money to fund these ideas. My business ideas was product driven instead of problem solving driven. All of these ideas stalled for that reason.
BUSINESS HIGHLIGHTS SINCE ENROLLING ON CED
Since I started enrolling to and be part of the CED programme, I have acquired lot of valuable entrepreneurial skills. Skills that plays an important role in my entrepreneurial journey. The CED programme has contributed a lot to my business. I have acquired skills from ground up starting from the modelling of the business, which is more important when it comes to business planning, the legality which is one of the important thing that every entrepreneur should understand, I have also acquired some skills about an organisational accounting, knowing and understanding the cost implications that are behind starting a business, and how I can manage my projects that are about to happen analysing the finances and the time that it would take.
POSITIVE BUSINESS OUTCOMES ATTRIBUTED TO CED PARTICIPATION
Since enrolling with CED I have been able to focus my thinking on all aspects of entrepreneurship right from formulating the business idea. I now also have the ability to manage business record keeping and the drafting of key systems such as budgets. I am now also able to present my business idea. I know how to present my business and understand the value of networks and their impact on my business. My confidence in the entrepreneurial space has gone from strength to strength.
ASPIRATIONS FOR THE BUSINESS
I formed partnership with Mash Pictures on my second company Thuto Ke Khumo Pty Ltd and we partnered to come up with a theatre production story play: My African dream.
NEXT LEVEL FUNDING REQUIREMENT AND WHAT IS THE ANTICIPATED GROWTH OF THE BUSINESS AT THIS NEXT LEVEL
Funding for producing the IOS version of the Alkebulan App is R2,500.00
Anticipated growth at this stage will be just before running ads on both Android and IOS versions the of Alkebulan App.