How A Young Man Turned His NSFAS Allowance Into A Thriving Business
- Meet the young entrepreneur who took a chance with his NSFAS allowance and turned it into a booming business.
- He reveals his hourly earnings, and trust me, it’s enough to make anyone’s jaw drop.
- Mzansi is buzzing as netizens flood the comment section to learn more about his journey.
You know those stories that make you sit up and take notice? This is one of them. A young man decided to think outside the box when it came to his National Student Financial Aid Scheme (NSFAS) allowance. Instead of using the funds solely for education-related expenses, he took a leap of faith and invested in a business. And let me tell you, it paid off in ways he never imagined.
Turning NSFAS Funds Into Profit: A Student’s Bold Move
So here’s the scoop. This young man, a TikTok user known as @b33kayt1, decided to take a calculated risk. He used his NSFAS allowance to dive headfirst into the world of dropshipping. For those who might not know, dropshipping is an e-commerce business model where you sell products without having to handle the inventory. It’s all about connecting buyers and suppliers seamlessly. At first, it was a slow burn, but as time went on, the business started picking up steam.
And then came the moment of truth. His first payment arrived, and it was nothing short of spectacular. He earned R1,650 for his initial efforts. But that was just the beginning. As the hours ticked by, his earnings skyrocketed. In just two hours, he made an astonishing R11,000. By midnight, with two more orders under his belt, he had racked up R14,000. Imagine the look on his face—speechless doesn’t even begin to cover it.
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Check out the full story in the video below.
Mzansi Reacts: Can We Get in on This?
When South Africans hear about success stories like this, they can’t help but get involved. The comments section exploded with questions and admiration. People from all over the country wanted to know more about how they could follow in @b33kayt1’s footsteps. Some were curious about the startup costs, while others wanted to know the secret to choosing the right niche. Here’s what some of the netizens had to say:
Yethu chimed in with:
“Hey, I want to ask how much to start dropshipping.”
Ethu echoed the same sentiment:
“Hey, I want to ask how much to start dropshipping.”
Pabala had a different query:
“Hey just wondering. What’s your niche? I’m really struggling to decide on a niche.”
Thapelo Ramoeletsi kept it simple:
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“How much to start?”
One user shared a common hurdle:
“Dawg, I have a website with everything paid, including a domain, but I don’t know what to do with the payment provider. I cannot use PayPal only. Please help.”
And Moo summed it up perfectly:
“Bro, I want to start, can you help?”
SA Woman Proves NSFAS Can Be More Than Just Tuition
This isn’t the only inspiring story coming out of South Africa. Briefly News shared the tale of a Johannesburg woman who used her NSFAS allowance in a unique way. For over six years, she squirreled away her R1,400 NSFAS allowance, building a foundation for her future. Fast forward to today, and she’s the proud owner of Atlegang Growth SA. Her company specializes in placing young people in international and national educational and employment-based opportunities.
In a heartfelt TikTok caption, she encouraged others to think creatively about their resources. Her message was clear: Your NSFAS allowance doesn’t have to be just for tuition. With a little creativity and determination, you can turn it into something life-changing.
