All about Business.
Nigeria’s economy has not always been without its own fair share of challenges, despite the efforts of emerging entrepreneurs. The economy has had milestones that were usually short-lived due to change in government policies. Maintaining a suitable economy for all Nigerians cannot be far-fetched. Every citizen needs a thriving economy that that sets the pace…
People who are successful have long been regarded as geniuses destined to become inspiring leaders. Yet, the truth is that a growth mentality frequently goes hand in hand with a successful life and profession. These champions merely adopted an ongoing learning process driven by self-discipline, tenacity, and self-motivation to elevate the ordinary to the remarkable….
Establishing a small business is difficult. It requires commitment, ardor, and most importantly, an entrepreneurial mindset. Small business owners frequently have an entrepreneurial spirit that propels them to start something from the ground up. But after the company is up and running, it’s simple to become bogged down in the daily grind and lose sight…
An issue that every entrepreneur must address in a business is whether or not to scale. Individuals who aspire to run a lifestyle business are happy to earn the same, steady income in one place from year to year. But that’s insufficient for the majority of us. Our goal is to expand. The majority of…
In a fast paced business world, intellectual property is the foundation of every business. It forms the integral part of a business and so the lack of understanding of its significance may lead to a business catastrophe. What is intellectual property? Intellectual property is the original creative tools developed by a business. They are mostly intangible assets…
Secha Capital, an impact firm focused on African development capital, has introduced the Junior Operator-Investor Network (JOIN) training program. The program’s goal is to develop the next generation of business management, operations, and investment professionals. Secha Capital is an impact investment firm formed by women and people of color in Southern Africa. It uses an…
To put it mildly, starting a business is labor intensive. I’m here to share with you the four lessons that I wish someone had taught me before I went it alone. Regardless of your talent or motivation, launching a business is difficult, demanding work. I ended my twenty-one-year job in finance in 2021 and went…
Not everyone has the aptitude to run their own business. It requires a specific type of person—one who possesses both under and overconfidence. You should have faith in your skills, but not to the point where you underprepare or fail to see mistakes coming. According to Martin Gonzalez and Josh Yellin, the authors of The…
In a typical business landscape, organizations are constantly seeking ways to innovate, adapt, and stay ahead of the curve. One key factor in achieving success is the ability to create high-performance teams that can drive innovation, growth, and excellence. But what makes these teams tick? And how can organizations develop the capacity to support them?…
Africa is often hailed as the birthplace of some of the world’s most exciting tech startups. From Cape to Cairo, small businesses across the continent have become catalysts for change, helping to drive economic prosperity and leaving their mark on local society. In fact, it’s predicted that Africa’s digital economy, fueled by hundreds of active tech hubs,…
Startups come into existence for the purpose of solving a particular problem in the society. Every startup aims to be a worthy investment in the eyes of its potential investors. A startup’s business end goal, is to be valuable and have the ability to always connect to its end users. What is a startup business?…
In an era where data has become the new currency, businesses worldwide are increasingly leveraging analytics to fuel expansion and innovation. Data analytics has transformed from a supplementary tool into a strategic asset, enabling organizations to uncover insights, optimize operations, and drive sustainable growth. As someone deeply involved in digital transformation initiatives and now leading…
To help increase technology adoption among the continent’s SMEs, the research emphasizes the significance of sharing best practices to enable better decision-making and cost-effectiveness. Nearly 70% of Africa’s small and medium-sized firms (SMEs) have invested in technology in the last year to assist enhance growth and resilience, indicating that SMEs are recognizing technology’s positive impact….
Financial support is the bedrock of any business. Most businesses must always utilise the benefits of financial support in order to stay afloat. Is there any business that thrives without any financial support? A lot do survive without it, but not for long. Finances pay the business bills and attract valuable products and services for…
Running a small and medium business is not always an easy ride, especially in an unpredictable business environment. These businesses always seek ways to stay afloat and the only way to do this is to implement strategies that can increase productivity and efficiency. Most Small and medium Enterprises (SMEs) are a one-man type of business…
The tug-of-war between familiarity and novelty is a constant force in consumer behavior. On one hand, we crave the comfort of the known, the reliable brand or the trusted product. On the other, we’re drawn to the thrill of the new, the innovative experience, the “shiny new toy.” Understanding this dynamic is key for businesses…
Nigerian startup Dukka has created a digital environment that supports emerging market commerce by assisting businesses in automating daily operations, accepting payments, and gathering performance data. Dukka, founded in 2020 with a demo app produced during the early phases of the COVID-19 epidemic, offers simple technologies to assist individuals and small businesses better manage their…
In the hyper-connected post-pandemic world, we have seen an increase in the number of businesses embracing cloud infrastructure in a race to digitise their operations. According to Flexera’s State of the Cloud 2023 report, 65% of those surveyed were heavy cloud users, compared to 63% in 2022, and business leaders expected cloud spending to increase by…
Bingtellar, a Nigerian blockchain startup, says it is developing modern cross-border payments infrastructure and solutions for Africa to streamline global transactions for consumers and enterprises. Bingtellar, founded in 2022 by Joshua Tebepina, CEO, and Arepade Peremi, CTO, facilitates fast and affordable cross-border transactions into or across Africa for diaspora, freelancers, remote teams, foreign contractors, and…
An on-demand beauty tech platform called TausiApp, founded in Kenya, uses artificial intelligence (AI) to match clients with independent beauticians. TausiApp is a marketplace that was founded in 2021 by well-known Kenyan musician Amos Kimani. It allows users to quickly select and schedule beauty services, including as makeup application and hair styling, from a network…
AfriLabs, a support organization for innovation hubs, has introduced the AfriLabs Connect Deal Room (ACDR) to tackle the significant obstacles associated with locating, financing, and gaining access to investable businesses in Africa. AfriLabs is a network organization that brings together investors, startups, technology hubs, and other important players in the ecosystem to promote innovation and…
Just behind Apple, Microsoft’s stock market valuation crossed the $3 trillion milestone on Wednesday. This kept Microsoft’s ranking as the second most valuable corporation in the world. Since the beginning of the year, Microsoft and Apple shares have been competing to be the most capitalized stock on Wall Street; earlier in January, the software giant…
A business ceases to exist the moment it stops creating value and generating sales and revenue. Pricing is one of the most important aspects of your business and it ties all these three elements together in one. Every business has a pricing strategy they deploy as this determines how they intend to make money and…
In a thought-provoking post on LinkedIn Professor Ndubuisi Ekekwe shared a captivating anecdote about a resourceful bird and its remarkable ability to overcome a seemingly insurmountable challenge. This simple yet profound analogy sparked a wave of inspiration, prompting me to delve deeper into the parallels between the bird’s actions and the fundamental principles of entrepreneurial…
Written by: Oluwafemi Jacob Oni Adopting a Zero Trust Architecture (ZTA) has become essential for large companies in today’s quickly changing digital ecosystem, where cyber threats and data breaches have gotten more regular and complex. As businesses become more linked and reliant on cloud services, mobile devices, and remote workforces, old security strategies are no…
Market segmentation is the process of dividing a target market into groups of consumers with similar needs and preferences. By understanding the different segments of their target market, businesses can develop more effective marketing campaigns and achieve their business goals. Refer to my last update on MVS- Minimum Viable Segment. One of the most important decisions…
Today’s customers and employees demand a seamless digital experience. But building an outstanding digital experience that is sustainably repeatable and scalable is no small feat. In today’s distributed networks and application environments, user-interface problems can occur anywhere: along a long chain, from within the app itself, in transit, or within a third-party plug-in. We have…
In recent times, when consumers are inundated with options and information, creating a personalized customer experience is no longer just a nice-to-have; it’s a competitive necessity. Businesses, particularly in 1ntech, tech product sales, and OEMs, must go beyond the traditional approaches of mass marketing and one-size-1ts-all services. The answer lies in harnessing the power of…
I have had many founders reach out that they want to set up a Delaware company, but often get confused on whether or not to register a C-corporation or a Limited Liability Company (LLC) based on their business model or structure. It’s natural to wonder which option would be better suited for your needs especially when you are…
Africa is undergoing a digital transformation, and e-commerce is one of the key drivers of this change. The continent’s young and growing population, coupled with rising incomes and increasing internet penetration, is creating a surge in demand for online goods and services. As a result, the African e-commerce market is expected to grow from $120…