Tag: African Entrepreneurs


24
Jan 2017
Ep30: Okafor's Law and it's relevance to Business

Have you ever heard about “Okafor’s Law”? Our Nigerian listeners would have probably heard it at one time or the other.  Okafor’s law is the law of “repeatable” action: If you have done something once, you can do it again. If you have been somewhere before, you can go there again. Although it is often mischievously applied to the sexual relationship between a boy and girl, Okafor’s law is actually a principle of life. Many businesses owners feel that since a business strategy worked for me yesterday (or over......

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17
Jan 2017
Ep29: Leadership, Driving Africa's growth, Conversation with Olatorera Oniru

Dear African Entrepreneur, We often make the mistake of attributing all that’s wrong in our continent to our leaders forgetting that each and every one of us, and not just the leaders, hold the key to Africa’s development. Leadership is everyone’s business and responsibility. We caught up with the inspiring Olatorera Oniru, who is the CEO of Dressmeoutlet.com. Dressmeoutlet.com is one of Africa’s fastest growing, fashion-focused, quality-focused and customer-centric online retailers. You can read all about her here. She shared her thoughts on Leadership and the role of entrepreneurs in......

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28
Nov 2016
Ep24: Leveraging Technology, Conversation with Adeola Bojuwoye

Hello African Entrepreneur. We know building startups can be hard especially in Africa but it is worth it especially when you become profitable. But it is imperative that we entrepreneurs begin to leverage on technology as a business enabler to effectively manage our time, staff, clients, productivity and growth. With the advancement in technology, applications exist in numbers that entrepreneurs can leverage on, both free and paid. In this episode, we speak to Adeola Bojuwoye, who is the CEO of Roundstone Consulting. He talks about the Technology landscape in......

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17
Oct 2016
Ep19: Productivity hacks for Entrepreneurs

Entrepreneurs are hard pressed for time especially those with growing businesses. Working hard doesn’t necessarily mean productivity! The goal of every Entrepreneur is to be efficient and effective with the limited resources available to bring about optimal output in good and services. Here are some of the talking points of our conversation below: Have a detailed plan Place you goals in order of priority, use the 80:20 rule Be early for meetings Keep meetings as short as possible, have a clear agenda. Get some sleep, at least 4 hours......

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27
Sep 2016
Attracting and retaining your first users as a virtual start-up

I have had startups across Nigeria, Kenya, and Ghana, and clients who consult with SME Growth Hub, especially technology startups, ask the same ageless question; “how do we get our first line of users for our platform?” This had me gathering some research, which I’ll freely share with you. I am writing to help startups across Africa, and anywhere else, with developing the frame of mind and strategic thinking for finding the first users and consolidating on them. This write-up is centred around five successful startups — Konga, Jumia,......

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21
Sep 2016
Africa’s Next Greatest Goldmine: Youth Entrepreneurs

Lack of employment opportunities for young people has a significant hindrance to developing sub-Saharan Africa. Entrepreneurship is undoubtedly the greatest way to build prosperity and the only vehicle that can create true wealth, employment and ownership. As the most important vehicle for economic growth, there is little known about how best to support youth entrepreneurship. As Youthia, we propose the Youthia Model that outlines four core tenets that will radically disrupt the level playing field for the greater good. The Youthia Model focuses on four core priorities – namely......

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19
Sep 2016
The Beauty Of Work

It is only well with me when I have a chisel in my hand. -Michelangelo Our village had twenty houses and almost every adult in the village was a farmer. My dad has the habit of rising up very early in the morning, sharpen his cutlass and head for his farm before daybreak, while other men in the village were still sleeping. I was born when Papa was about sixty-five years old. As the second child of his third wife, Papa love me so dearly. When I was a......

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18
Sep 2016
Ep15: Surviving the Sharks

Dear Afropreneurs, Doing business in Africa can be tough, more so when you have big competitors operating in your industry. In a recent survey conducted by smartcompany, it was discovered that 61% of SME owners said small businesses failed because of an inability to manage costs, 50% said inexperienced management, 50% said poorly designed business models or no business plan, 49% said insufficient capital, 37% said poor or insufficient marketing, and 35% said insufficient time managing the books. SMEs do not necessarily fail because of the monopoly of the market caused......

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05
Sep 2016
Ep13: Dealing with Difficult Clients

Hello Afropreneurs, As entrepreneurs we have all encountered difficult clients at one time or the other, if you haven’t you will soon. How do you then handle them? Is the Customer always right? Should you always bend to the needs of the customer/clients? Here are key points from our conversation: Always document the agreements between you and your clients Learn to give regular updates There are times you will have to say ‘No’ to your clients Be patient and communicate wisely Listen to more of what we had to......

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28
Aug 2016
Meet Victoria Mbabazi, the Ugandan Foodpreneur

Victoria Mbabazi  is a Ugandan Entrepreneur. She studied Software Engineering but had a great passion for food. This passion led her to Kahwa2Go, a restaurant that was birthed from the love for coffee. Victoria has been involved in a lot of projects. She has mentored various girls through the Resilient Africa Network as well as being involved with the Women In Technology company in Uganda. Kahwa2Go is a contemporary, quick service, coffee themed café. It’s the best alternative for a quick stop over for a freshly prepared breakfast, lunch......

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