Entrepreneurship Zone: 12 March 2021: Mudau carves a niche in automobile industry
Bulls n Bears
bulls at bullszimbabwe.com
Fri Mar 12 07:53:35 CAT 2021
<https://bullszimbabwe.com/>
<http://www.bullszimbabwe.com/> Bullszimbabwe.com <mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments <http://www.bulls.co.zw/blog> Bullish Thoughts <http://www.twitter.com/BullsBears2010> Twitter <https://www.facebook.com/BullsBearsZimbabwe> Facebook <http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn <https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp <mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe
Entrepreneurship Zone: 12 March 2021: Mudau carves a niche in automobile industry
<https://www.firstmutual.co.zw/>
SOON after completing electrical engineering studies at Bulawayo Polytechnic in 2003, Mr Lungile Mudau (32) applied for jobs with no luck.
Instead of mourning, Mr Mudau decided to partner his father in car breaking business in Beitbridge’s light industrial area.
Soon after his father’s retirement, Mr Mudau took over the business turning it into a household name in the border town.
Now, he has a message for unemployed youths: “Venture into business instead of aiming to be employed by someone else.”
Mr Mudau, the director of John Mudau Motor Spares, is a living example of how simplicity can give one a sustainable life. He has carved a niche in the automobile industry.
He represents a crop of young businesspeople who have taken it upon themselves to economically empower themselves and create employment.
Mr Mudau sustains his family of five through the innovative idea of buying accident-damaged cars and breaking them to sell parts.
He employs five people at the workshop.
“When I joined my father in this business of car breaking about 10 year ago, it was after I had struggled to get a job after completing studies in electrical engineering. Each time I applied for a job, I would either get a letter of regret or no reply at all and this forced me to think outside the box,” he said.
“Initially, I was cynical when my father invited me to assist him in his business because there was no meaningful activity at the time.
However, through perseverance and hard work, we managed to grow the business and today it is a household name in Beitbridge.”
Mr Mudau said demand for second-hand vehicle parts is high due to the exorbitant prices of brand-new car accessories.
“We specialise mostly in breaking ex-Japanese cars and we buy accident damaged vehicles, especially those beyond repair. People stream to my workshop daily, especially now that the country’s inland borders are closed,” he said
He hopes to grow his business and be among big employers once he gets a huge capital injection.
“My ultimate goal is to be one of the country’s dealers in Japanese cars and selling genuine parts from that country,” said Mr Mudau.
Some of the scrap metal is sold to companies that recycle scrap metal for export.
Mr Mudau urged unemployed youths to venture into business instead of aiming to be employed.
“As a youth who encountered challenges after finishing school, I urge those in a similar position to stay on course and one day they will achieve the success that awaits them. You just have to be patient and be willing to work extra harder,” he said. — chronicle.co.zw
Mr Lungile Mudau
Invest Wisely!
Bulls n Bears
Cellphone: <tel:%2B263%2077%20344%201674> +263 77 344 1674
rAlt. Email: <mailto:info at bulls.co.zw> info at bulls.co.zw
Website: <http://www.bullszimbabwe.com> www.bullszimbabwe.com
Blog: <https://bullszimbabwe.com/category/blogs/bullish-thoughts/> www.bullszimbabwe.com/blog
Twitter: @bullsbears2010
LinkedIn: Bulls n Bears Zimbabwe
Facebook: <http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimbabwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA> www.facebook.com/BullsBearsZimbabwe
Skype: Bulls.Bears
DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other Indices quoted herein are for guideline purposes only and sourced from third parties.
(c) 2021 Web: <http://www.bullszimbabwe.com> www.bullszimbabwe.com Email: <mailto:info at bulls.co.zw> info at bulls.co.zw Tel: +263 4 2927658 Cell: +263 77 344 1674
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210312/89c44d41/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 9458 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210312/89c44d41/attachment-0002.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210312/89c44d41/attachment-0003.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 65574 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210312/89c44d41/attachment-0001.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 173052 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210312/89c44d41/attachment-0002.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 100855 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210312/89c44d41/attachment-0003.jpg>
More information about the Bulls
mailing list