The final of the 2015 ENGEN Pitch Polish entrepreneurial workshop and competition was recently held in Johannesburg and the winner announced. Port Elizabeth finalists, Jean-Pierre Malgas, did exceptionally well and reached the semi-final.
The 25-year-old qualified Chartered Accountant (SA) entered the competition as a wild card on the day of the event, after deciding to attend it at the last minute. His tenacious entrepreneurial spirit saw him grab his spot for the national competition which will be taking place in Johannesburg on October 21 and 22. “This was just an idea that I had since the beginning of the year. I told one or two people about it, who thought it was cool, but never thought my idea could be turned into a business,” says Malgas.
The former Grey High School pupil, who has been doing accounting since Grade 10, started working on the software at the beginning of the year after realising he was not cut out for a regular office job.
Malgas did his articles at PKF (PE) Inc, qualified as a chartered accountant in 2014 and is now doing a master’s in economics.
Jean-Pierre’s product allows businesses to send daily raw transaction data that he will process and send back to the business for a once-off initial fee for the software package and an annual subscription fee.
Round 1 of the competition was attended by over 1400 delegates and held in eight cities and towns across South Africa. The winner from each event succeeded in going through to Round 2 where the eight winners, plus the SAfm Wild Card winner, were flown to Raizcorp in Johannesburg for a two-day workshop to further deepen their business knowledge and refine their pitch.
Jean-Pierre Malgas’ account software business idea made it to the semi-final and added great value to the programme, earning much respect.
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