We have the pleasure of presenting the Accelerating Entrepreneurship in Africa report compiled by the Omidyar Network, the philanthropic foundation established by Pierre Omidyar -- the founder of eBay -- in partnership with global strategy consulting film, Monitor Group. This epic 48-page report is the result of a three-phase research project launched in 2012 aimed to better understand the state of entrepreneurship in Africa.
The project started with a survey of 582 entrepreneurs across six Sub-Saharan African countries: Ethiopia, Ghana, Kenya, ...
Last week, when I was home lazing in front of my laptop, my mother commanded me to go out and buy a few groceries and other household items (although I think the instruction was more out of concern for my laziness rather than an actual need for the groceries). So I ventured out and arrived at the main street and became instantly confused by all the store options. But almost immediately, one particular shop caught my attention and in a ...
I recently read an article about Nasty Gal, an eBay clothing retailer with nearly US$100m in sales. Whilst those revenues are undoubtedly very impressive, it was this bit from the article that impressed me most:
“Instead, she quit her job and started an eBay page to sell some of the vintage designer items she found rummaging through Goodwill bins. She bought a Chanel jacket at a Salvation Army store for $8 and sold it for $1,000. She found Yves Saint Laurent ...
Vilified by some, loved by others – the leadership legacy of Margaret Thatcher is as varied as it is distinct. Said German chancellor Angela Merkel: "She was an extraordinary leader in global politics of her time. I will never forget her part in surmounting the division of Europe and at the end of the Cold War."
Analysing Thatcher’s eleven and a half years in office, here are three primary leadership lessons that have characterised her style of leadership and are most ...
African entrepreneurs are increasingly looking for mentorship. Locally, a study by the Silicon Cape initiative, revealed that access to business mentors was the second most sought after resource. Now, VC4Africa (Venture Capital for Africa), the African entrepreneurial hub, is launching the Mentorship Marketplace, a peer-to-peer marketplace where entrepreneurs can add "mentor requests" that are searchable and actionable by a pool of registered mentors.
Entrepreneurs looking for advice on how to grow their business in Africa now have access to a ...
During the heyday of the domain name business in the late 90s, entrepreneurs snapped up attractive .com domains for cheap. Like real estate, the value of these domain names would balloon over the years as businesses rose to claim not only the smartest word combinations, but also their online identities. Buying and selling domain names turned out to be a very lucrative business for some. Domains like sex.com and insure.com would go on to hold jaw-dropping price tags of US$14-million ...
When I wrote about being born an entrepreneur, I did so to communicate what I felt / thought in an effort to be validated. Because if I can be validated, if I can find others like me, then surely it means that I'm not crazy. Right?
The various tweets and affirmations that I got subsequently made me feel like I wasn't alone. But then I read this article about entrepreneurs being soft-bipolar:
“In general, though, many believe that running startups can drive ...
Taking your company global is no small thing. For startups that want to conquer the international market, finding the best way to do that can be hard.
Eleven passionate tech entrepreneurs with great companies innovating in various areas decided to spend 100 days aboard a ship sailing around the world in order to do that... all made possible by Unreasonable at Sea.
The initiative, pioneered by Daniel Epstein, founder of entrepreneur accelerator programme Unreasonable Institute, is going to global markets ...
“I love my job” isn't something you hear very often, is it?
Well, I love my job. Ever since I started working for a UK-based startup five years ago, I've never looked back. Still working at a startup, currently at mobile marketing company TextMagic, I've taken some time to reflect on the reasons why I find working at startups so compelling.
I have heard from many people that they avoid working for a startup as they see it as unstable, low ...
I’ve raised close to US$1-million for my previous startups and I've been asked questions that were not what I had expected to hear from the investors I was pitching to. I was expecting to be asked about my team, market segments, financial projections, go-to market strategy, exit strategy, etc. Don’t get me wrong, I was asked these questions -- many of them -- but it was the questions below that I wasn’t expecting.
It’s also important to note that the investors ...