Entrepreneurs Should Exude Confidence In Their Ventures” – Motsepe

Patrice Motsepe, Confederation of African Football President

The best business visionaries brag a confidence in their organizations that can verge on self-importance — like that of the world’s most affluent man, Elon Musk. This is what Africa’s first black billionaire Patrice Motsepe expressed on Monday April 25 during the Forbes Under 30 Summit Africa Summit in Botswana.

At the summit, Motsepe discussed a tale told to him by investor John Doerr, who Motsepe said believe Musk was unremarkable, extremely haughty and exceptionally arrogant in an early pitch meeting.

“I’m not saying entrepreneurs must be cocky and arrogant . . . but I think [Musk believed so much in what he was doing . . . he succeeded,” said Motsepe, who used the anecdote as a way to educate entrepreneurs to exude confidence in their ventures.

Motsepe, who became the continent’s first black billionaire in 2008, on account of a fortune amassed in the mining business, said he, as well, confronted critical pushback from financial backers who didn’t have similar visually impaired confidence in his vision to purchase fruitless mines that later turned into the way to building his business empire.

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As indicated by him, if you take a gander at the best business people on the planet, the common feature amongst the majority of them is that when they started, everybody said to them . . . this thing won’t succeed.

Motsepe is worth $3 billion, according to Forbes’ latest estimates, making him the third-wealthiest person in South Africa. Motsepe currently fills in as leader of the Confederation of African Football, the continent’s administering body for the sport.

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