As a strategic and analytical thinker, Thabo Moloko has the type of personality poised for entrepreneurship; I decided to go into business myself as a means to contribute to re-engineering how the African market consumes products or services using the internet. It was serendipitous then, that Moloko would partner up with Tebogo Moloi, a techy and serial entrepreneur and now co-founder of Gatestamp, a web-based ticketing app. It was a meeting of minds and opportunity, which has culminated in four years in business.
However, Moloko claims that the journey to opening Gatestamp came with its own set of obstacles. As a black-owned business existing in a white-dominated industry presents various challenges. Market leaders that have intrenched relationships with major venues have forced us to be more creative in our strategies.
Limited development capacity and failed go to market model attempts have been part of the journey. However, we now have scalable models in which we hope to make significant inroads into the market.
To date, Moloko continues to be the product manager at the company. He is also responsible for the businesses strategic vision. Our value proposition in the experience economy is to package and curate experiences that can be presented and sold to new markets more effectively and efficiently.
On the ESD Programme, Moloi adds that the experience has taught him about leadership. I’ve learned that building a business is much like building yourself as a human being. You can’t lead others if you don’t lead yourself.
About the Enterprise Supplier Development programme
The ESD programme aims to increase the participation of black-owned SMEs. The programme provides guidance in business development, implementation of growth opportunities and creating long term value for businesses. To learn about the enterprise supplier development programme (ESD) and to meet other beneficiaries of the programme, read more.