Most Startups and the success stories we hear involve a Founder who pushes themselves to both physical and emotional limits. According to Leva Katiliute of Kavidan Kaptal, deliberately pushing yourself to burnout is usually celebrated and seen as a ‘good’ imbalance. The constant stream of stories about “overnight success” and “crushing it” create an unattainable standard for Founders.
According to a widely cited study by Michael Freeman (Prof of Psychiatry at Uni of Calif , Entrepreneurship Mentor & Serial Founder), entrepreneurs are 50% more likely to report having a mental health condition, with some specific conditions being incredibly prevalent amongst Founders.
Founders are twice more likely to suffer from depression, suicidal thoughts and have psychiatric hospitalization. They are 3 times more likely to suffer substance abuse, 6 times more likely to suffer from ADHD and 10 times more likely to suffer from bi-polar disorder. It only makes sense that these conditions undermine Founder performance and put their own (and company) success in jeopardy. This realisation together with the stigma of mental health amongst company Founders and leaders makes it that much harder for the entrepreneurs to get out of the loop of mental health erosion — they are seen as super-humans and speaking up about it feels like weakness, it feels shameful.
Startupgrind East London invites you for a fireside chat on this topic – sharing experiences, exploring potential solutions and available support.
Mr Oyama Balfour, Founder and Managing Director of Penrose Capital will be our guest for the event.
Founder & Managing Director
Oyama is the Founder and Managing Director of Penrose Capital. Penrose Capital is an Eastern Cape based asset management business. The firm's investment pillars are property, private equity, and venture capital. Penrose Capital makes investments in technologies that lower the barriers to entry into the digital economy, Penrose Capital also invests in software infrastructure that improves busin…
Oyama is the Founder and Managing Director of Penrose Capital. Penrose Capital is an Eastern Cape based asset management business. The firm's investment pillars are property, private equity, and venture capital. Penrose Capital makes investments in technologies that lower the barriers to entry into the digital economy, Penrose Capital also invests in software infrastructure that improves business efficiencies and lower the friction of doing business. Penrose Capital has made a few investments to date and is currently raising capital for its first fund.
Oyama was a Junior Hedge Fund Manager for the Sanlam Multi-strategy Hedge Fund. He ran a family and friends cryptocurrency fund. The fund invested in Altcoins, ICO’s and bitcoin and achieved a peak holding period return of 84% whilst managing to protect capital when the market turned. He then worked as an Intern Investment Analyst at private equity firm: Kwande Capital. Kwande Capital is a young, dynamic and fast-growing group with a primary focus in the energy sector. This opportunity allowed Oyama to polish his valuation, due diligence and capital raising skills.
Oyama holds a B.Com (Economics and Statistics) from UCT.