Business Basics


05
Apr 2017
Entrepreneurship is an Art—Not a Job

Over the last decade we assumed that once we found repeatable methodologies (Agile and Customer Development, Business Model Design) to build early stage ventures, entrepreneurship would become a “science,” and anyone could do it. I’m beginning to suspect this assumption may be wrong. WHERE DID WE GO WRONG? It’s not that the tools are wrong, I think the entrepreneurship management stack is correct and has made a major contribution to reducing startup failures. Where I think we have gone wrong is the belief that anyone can use these tools equally well. ENTREPRENEURSHIP......

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27
Mar 2017
Rethinking value proposition

When designing a Business Model for a startup or any business at all,   a “Value Proposition” is an essential element. This Value Proposition is combination of products, services, information or experiences offered to a market to satisfy a need or want. Successfully creating a differentiated Value Proposition, ensure it is successful. This is what has made Uber, Airbnb, Apple, Amazon and similar companies great. Over time, we have been thought to innovate by improving on products in the market, or creatively coming up with a new one. We’ve spent time viewing......

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10
Mar 2017
3 Crucial Questions to 'Fail Proof' Your New Business Idea

Starting a successful business is hard, but let’s not presume that entrepreneurship itself is intrinsically riskier than other things that popular culture deems as “acceptable.” You’ll never be able to completely avoid risk, either in your personal or professional life, but you can mitigate it significantly by having a solid game plan in place. You need a proven system that will help you determine which ideas are worth pursuing so that you don’t become a statistic of America, Inc. You want to be as certain as possible that your business will succeed before......

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01
Mar 2017
Our breakdown of Startup Grind Lagos' February Meetup with Nimi Akinkugbe and Muyiwa Oludayo

Startup grind has managed to break a norm that is often associated with most entrepreneurship events held in Nigeria. The event kicked-off on time and more impressive, guests and our guest speakers arrived on time which I suppose is fitting considering that our featured talk was on Time Management. In typical Startup Grind fashion we started with our Ice Breaker question to help ease the guest into the event. Discussing the difference between Businessmen and Entrepreneurs we had the following opinions: Entrepreneurs are passion driven while businessmen are more profit oriented –......

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16
Feb 2017
Six ways to be more productive in 2017

Intelligent technology is changing how the world does things. Everyone is empowered to do more, and less. Using technology to tackle some of life’s most mundane tasks means spending more time doing what you love and less time doing what you have to do. Below is an infographic that looks at five ways we can be more productive this year, so we can achieve more in less time.  ...

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09
Feb 2017
How To Overcome The Hardest Part Of Entrepreneurship: Getting Started

We spend the majority of our young lives having others motivate and direct us – from parents and teachers pushing us to excel at learning, to peers inspiring us to push our limits and discover what we’re truly capable of, to loved ones causing us to look deeper into ourselves and develop who we are as a person, and where our moral compass points. It’s understandably jarring when that’s all yanked out from under us during an important time, and there are few more familiar with that feeling than entrepreneurs. For many,......

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08
Feb 2017
3 Steps To Launching A Successful Business

The most common mistake entrepreneurs make when launching something new is trying to do too much at once. I call it the hammer-and-nail syndrome. Let’s say I give you one hammer and one nail. Your job is to hold the hammer in one hand and the nail in the other. All you have to do is drive that nail into a piece of wood. That’s it; just nail that one product or service. You may miss the first time or even the second, but eventually you’ll nail it. But what if I......

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07
Feb 2017
How to Build a Startup as a Non-Tech Founder

Startups and innovative technology have become so synonymous with one another, that many people now think that you can’t create one without the other. And while it is necessary to have an understanding of the technology that you’re building, you actually don’t need to be a developer or engineer or computer scientist to launch an impactful company. If you’re an aspiring entrepreneur who wants to launch a tech startup but doesn’t have much tech experience, this blog post will give you the wisdom you need to build your dream company, featuring insights......

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29
Jan 2017
Ensuring Africa is not left behind in the ‘Fourth Industrial Revolution’

By: Antony Cook, Associate General Counsel, Corporate, External and Legal Affairs lead, Microsoft Middle East and Africa Technology is changing Africa. More than any other time in history, innovation is rapidly transforming almost every aspect of how people live, communicate, work and learn across the continent. The rate of change is so quick that some are calling this the ‘Fourth Industrial Revolution’. This transformation offers the potential to address some of Africa’s most pressing issues in areas including health, education and the environment. At the heart of this transformation is cloud computing.......

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