Tag: african startups


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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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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03
Oct 2016
Ep17: Rebounding from Failure

Dear Entrepreneur, Failure is part of your Entrepreneurial Journey because it is risky and has no-assured guarantee of success. Sometimes it feels like all the odds are against you and every step takes you some steps backwards rather than forward. It is worthy of note that every successful entrepreneur has failed at one point one time or the other. You can listen to our episode with Yusufa and Mommar to hear them describe how they found a way to succeed even in the face of adversity. Here are some......

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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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12
Sep 2016
Ep14: Taking Risks to Get Ahead, Conversation with Yusufa Sey

Dear Afropreneurs, Risk is a part of human existence, so why do we tend to run away from it? The decision to be an entrepreneur or business owner is a risk you took, and for some this has started bearing fruits. We spoke to an Amazing African Entrepreneur now making waves in Denmark, Yusufa Sey. Yusufa is the CEO of AthGene , regarded as one of the most innovative startups in Denmark. Yusufa shared his insight on the topic “Taking risks to get ahead” Here are key takeaways from our......

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08
Aug 2016
Ep9: How important is Customer Service?

Have you ever tried to purchase a product or service but you got turned off because the customer service personnel didn’t quite understand your needs? or were too robotic? No matter the size of your business, or how excellent your product is, good customer service should be at the heart of your business model if you wish to succeed. It is important to provide exceptional customer service to all cadres of your customers, from the potential, to the new and existing customers. African businesses need to step up their......

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01
Aug 2016
Ep8: The Value in Learning to Pitch

Dear Afropreneurs, This week has been a really busy week but Afropreneurs do not quit or make excuses do they? We had to make out time and record the interview with our Guest, Herbert Nderezina, in the car! Here’s a short profile on Herbert, Click here to read about him. Today’s topic is centered around ‘Pitching’. Pitching is the attempt to convince a potential investor or customer that your idea/business is worth investing in. Why do we think learning how to Pitch is important to ALL African entrepreneurs? Its simple, if......

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25
Jul 2016
Ep7: Dear Entrepreneur, Start Now!!!

Hello Afropreneur, We all know that the perfect world doesn’t exist and even much so in our continent Africa. We often make the mistake of waiting to have the ideal conditions before we start working on an idea/service/solution. Eventually, a lot of the ideas become obsolete and lose relevance with the times and trends in the market. You also run the risk of someone else working on that solution you thought of and then the realization that Ideas are not exclusive dawns on you. The CEO of Retrocode, Cohan......

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18
Jul 2016
Ep6: Why African Startups Fail

Hello Afropreneur, It is no news that a large amount of startups in Africa fail in the first year. Doesn’t this worry you? So today we took time out to discuss why African Startups fail, other that obvious reasons like poor government policies, deteriorating or non existent infrastructure and access to Finance. Listen and share. We would also love to hear from you, so please your thoughts in the comment section or drop a comment on our Facebook or Twitter.   If You Enjoyed the Show You can subscribe to......

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