This partnership was a 50 – 50 ratio, and together, they created the largest platinum-producing mines in South Africa called Modikwa. His father, Augustine, was first a school teacher, before going on to start a business of his own in the form of a Spaza shop (a mini store that can be home-run).After saving up for many years, in 1997 when the price of Gold was falling, one of the largest mining companies in South Africa, AngloGold, was looking to sell some of their smaller, older, low-performing mine shafts, so they could focus on their larger and higher performing mines.As at 2017, Patrice Motsepe holds the position of the interim chairman of the Black Business Council and is one of the founding members and former president of one of South Africa’s most influential business advocacy and lobby group called Business Unity SA (BUSA).You have successfully registered for this course. These group of men usually stormed his father’s shop every day to first buy and drink liquor before heading to the mines to work.He also owns stakes in several other companies, including about a 5.5% stake in Sanlam, a publicly traded financial services company located outside of Cape Town, South Africa.From different ends of the African continent, stories of triumph, highlights of unrelenting entrepreneurs, and remarkable achievements born out of a sheer tenacity of purpose has continued to light a fire in the hearts of people who look up to these figures; causing them to relentlessly forge ahead, even in the face of uncertainty, with the hopes of someday achieving their dreams.While his company handled very miniature mining contract services, Patrice Tlhopane Motsepe continued to strive until he realized that the successful mines didn’t have to be the large ones, but rather any one, especially small ones that better managed their finances and operations.With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed!With a price tag set at $8.2 million, Patrice Motsepe had to run around in a bid to source the money before the opportunity was gone. To do this, he implemented a lot of lean operations, downsized the staffs at the Orkney mine to 5,000 from 7,500, cut the management staffs in half, and worked from a building located in Orkney, so he could supervise its operations directly, since it was the most profitable of all the mine shafts handed over to him.Heartwarming how one of our own local boys can be such a successful entrepreneur break all boundaries and through sheer hard work and education become such an awesome role model for the youth of S.A.Our leaders in the education field should include him in the school curriculum to show our youth what sheer hard work,tenacity and education can achieve.After this success, in the year 2000, Patrice Tlhopane Motsepe partnered with Anglo Platinum, the world’s largest platinum producer. Patrice Motsepe’s son, Tlhopane, is expected to be appointed in a managerial position at Mamelodi Sundowns. He would read all kinds of books & articles and study anything he could on mining, just so he could have a complete understanding and technical know-how on how the business operates.Patrice Tlhopane Motsepe went on to study and earn a Bachelor of Arts degree at the University of Swaziland, then subsequently earned a law degree from the University of the Witwatersrand.After getting his LLB, in 1988, Patrice Motsepe got a great job offer from the Bowman Gilfillan law firm, which was one of South Africa’s most reputable law firms.They struck a good deal, and Bobby Godsell handed over the mining shafts to Patrice Motsepe, who would pay the $8.2 million cost over a period of years.Despite being a firm predominantly run by white South Africans, Patrice Tlhopane Motsepe’s drive, commitment to growth, and high success rates in his job activities got his bosses to take a unique interest in him.Yes, Let's Start The Free CourseSuccess Story Of Patrice Motsepe | Image Source: buzzsouthafrica.comIn the year 1994, Patrice Tlhopane Motsepe’s hard work at the Bowman Gilfillan law firm paid off, as he was appointed the first black partner of the organization, in exactly the same year that Nelson Mandela became the president of South Africa.Patrice Tlhopane Motsepe’s success story is a remarkable one showing how curiosity, doggedness, perseverance, and the knack to exploit great opportunities as they come, can determine how successful or not, any individual could become.From his dad’s small foray into entrepreneurship, Patrice Motsepe got his first exposure to the business world and got his first understanding of the mining business.Small business ideas, business plans, & tips for African entrepreneurs to start, run, & grow successful businesses.Mr Motsepe is such an inspiration, His humbleness is so remarkable.