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Able Quote by Thabo Mbeki

“You might indeed be able to provide this money that people need to start a business, but can they run a business? This new consolidated agency [National Empowerment Fund] focuses on that matter of preparing people so that they can run business successfully.” quote by Thabo Mbeki
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“You might indeed be able to provide this money that people need to start a business, but can they run a business? This new consolidated agency [National Empowerment Fund] focuses on that matter of preparing people so that they can run business successfully.”

Thabo Mbeki

About This Quote

Source Speech: National Empowerment Fund launch, South Africa, 2005

Providing capital is insufficient without training; success depends on preparing entrepreneurs to manage businesses.

In simple terms: Money alone isn’t enough; skills matter.

Key Takeaway

Invest in education as well as funding.

Themes

entrepreneurship capacity building economic development

Mood

pragmatic hopeful

Type

advisory inspirational

When to use this quote

  • startup funding
  • business training
  • policy design
  • mentorship programs

Key Concepts

human capital development business management

Questions to Reflect On

  • How can training be tailored to diverse entrepreneurs?
  • What support follows initial training?
A Different Perspective

Training requires resources and time, and not all trainees succeed.

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