Is ESD a Scam? Over-Mentored, Under-Funded: Entrepreneurs Say It’s an Industrial Complex That Uses Them as Bait – Feeding Corporate Staff and Consultants, Leaving Only Crumbs | First Principle Solutions

Some of the ideas will feature in my upcoming economics book, Robust Manifesto Nation.
“Entrepreneurs are heroes in our society. They fail for the rest of us.” – Nassim Nicholas Taleb (Skin in the Game)
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I recently shared a LinkedIn post by someone criticizing the Enterprise and Supplier Development (ESD) system – saying South African entrepreneurs are over-mentored and underfunded.
It showed the iconic video of Sibusiso Ngwenya of Skinny Sbu Socks on SABC News, where he outright defied the advice of an invited mentor on the show. Sbu said he “needs money” and not “solutions,” i.e., he does not want advice, but money. His business needed money as his market had developed and demand was growing.
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