Michelle Mathuloe is a good example of turning lemons into lemonade after she started her own business shortly after being retrenched.
Michelle was retrenched from her job as a pharmacist's assistant in 2016. She decided to take the opportunity to get training on how to manufacture furniture using pallets and car tires.
She used her Unemployment Insurance Fund (UIF) to buy equipment that she needed to start her business: Puni Vibrant Creation.
Mathuloe sells her products in her hometown near Rustenburg, North West. She adds that although she does receive orders from outside the North West, she is is still working on growing her brand.
Speaking to SowetanLive, the 31-year-old said that she is currently doing most of the work herself.
“I only have one person that I call for help whenever business is too much for me to handle."
In 2017, Mathuloe approached the National Youth Development Agency (NYDA) to apply for a business grant. Her application was successful and she received about R47 000, which was used to purchase more equipment.
She hopes to be able to employ more young people in her business as it grows.
Her advice to young people who would like to start businesses is that they should not be in a hurry to make money but rather invest in getting the necessary skills that they will help them.
Enjoyed reading our story? Download BRIEFLY's news app on Google Play now and stay up-to-date with major South African news!