Entrepreneurs need to have ‘mad belief’ in their idea

When you start a business it is important to have a childlike obsession with your idea and truly believe that it will work and that it is the right thing to do, says Hannes van Rensburg, CEO of Fundamo.

Fundamo is one of South Africa’s tech success stories exiting to Visa for a whopping US$110-million in 2011. But the journey to that great exit for the mobile financial services company wasn’t all smooth sailing.

At an intimate Angelhub Founders Dinner, an event dedicated to connecting entrepreneurs around a table to share their “war” stories, van Rensburg dispensed some key lessons his journey with Fundamo.

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