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Jun 21, 2005

"An entrepreneur tends to bite off a little more than he can chew hoping he'll quickly learn how to chew it." --Roy Ash

Educational Entrepreneur

Five years ago, Teddy Blecher started a university with no resources other than sending out letters of invitation from his fax machine to 350 schools asking the brightest and poorest students to apply to the new university – promising them the “best business education in Africa”. After beginning with a borrowed building, a handful of business collogues for teachers, and photocopies of keyboards to fill in as computers, the university in Johannesburg in South Africa has grown to educate 1,600 poor students for free.