Nhlanhla Ndlovu: This young entrepreneur is changing the face of the ‘backroom economy’

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Newsletter| Nhlanhla Ndlovu is everything but a typical entrepreneur. The Soweto born and bred entrepreneur has managed to carve out a unique business model that generates income for poor homeowners at no cost to them

The Soweto born and bred entrepreneur has managed to carve out a unique business model that generates income for poor homeowners at no cost to them.

Like a typical rebellious teenager, Ndlovu dropped out of JSS and returned to Soweto where he lived with his siblings and uncle.After dropping out in Grade 11, he tried his hand at a string of jobs – first a driver’s assistant for a trucking company, then he worked at a tombstone-making company and later as a packer at a multinational food company.

The interest from customers was a turning point as it prompted him to register the company HustleNomics.“We had so many family members who wanted us to build them back rooms but they didn’t have the money. That was when I came up with an idea of raising funds to build for them at no costs but repay ourselves with some of the rental revenue,” he said.

Armed with the business plan, he never got investors but entered various business competitions and bagged several prices along the way. Ndlovu has built 30 houses in Soweto using conventional methods and one house using the new method as a pilot.

 

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