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Traditional startup accelerators operate on a tried and tested model: knowledge and cash in exchange for equity. Mashauri, an online accelerator aimed at increasing the success rates of startups across the globe, is trying something different. For a monthly fee, Mashauri will serve up know-how over the web, or if your startup is in its concept stage, advice is free.Mashauri can be considered the scenic route adjacent to a fast-track which includes accelerators like Y Combinator, 500 Startups and 88mph. ...
I just watched the movie Jobs, and before you Apple fanatics lose your mind, this is not a review, go watch it yourself. What I have is some lessons from Apple’s early days for entrepreneurs, the Steve Jobs way.If the movie is an accurate representation of the birthing of Apple Inc., then Steve Jobs robbed Steve Wozniak out of a company and many people more. If the movie is an accurate representation of the early days at Apple, it takes ...
Jonathan was recently part of a team that traveled around South Africa actively searching for potential investments as they recruited entrepreneurs to the Canadian government’s Startup Visa Program, a scheme to assist qualified entrepreneurs interested in relocating to Canada. Here's his perspective on what they found.In the next five years, South Africa is going to produce successful breakout companies whose exciting stories will be told and re-told as inspiring startup legends. Among them will be some of the 50+ smart, ...
Being an entrepreneur anywhere in the world is daunting but the technology sector in Africa presents its own distinct challenges. Yet, despite the limited reliability of the network or the lack of available funding and training, men and women across the continent are risking their own money to grow Africa’s economies.I have worked in eight countries across Africa, and everywhere I go, I meet young people, like myself, posing difficult questions and working on innovative solutions.Read more on Ventureburn.
The short answer is: it depends. It depends on whether you are an investor or an entrepreneur. And here’s why.Investors, get there early!On the surface, South Africa doesn’t seem to pose the most enticing investment case. Here is a comparison of the country’s GDP growth rate compared to some of its peers on the continent.South Africa, although it is the continent’s largest economy (for now), is also its slowest, and taken at face value that’s not something investors find particularly ...
I recently caught up on Breaking Bad, and thought what great inspiration the show was for budding entrepreneurs, not the cooking meth bit but all the other things around building a business and a product that people want.With that in mind, I combed through my collection of moves and shows and whipped out seven I think all entrepreneurs should watch.12 Angry Men -- Doing what it takes to get people to see things your wayIf you have seen ...
With technology making it easier for startups to go virtual and decrease overheads, many entrepreneurs are opting to have their teams telecommute. A recent study by Stanford University found a company can save approximately US$2 000 per employee just by allowing them to work from home. For startup companies without deep pockets, running a virtual team can be a great way to keep overhead low while the company grows.Still, virtual workers can present challenges in the hiring process, especially when ...
Some bumper sticker wisdom: “You shouldn’t really worry when the competition’s trying to copy you, you should worry when they’re not.”You’ve seen them, right? The so-called Facebooks or Amazons of Africa. Notoriously known as clones, emerging markets have their fair share of them, each with its own degree of success and unique challenges. If you think about it, isn’t it only natural for a working solution to be applied elsewhere? Are they then as bad as their reputation holds them ...
By some predictions the global beauty care products industry is set to grow to US$265-billion by 2017.VC firms are aware of the trend. Abroad, Andreessen Horowitz, Jay-Z’s VC company, poured US$10-million into cosmetics startup Julep, while Ipsy, the monthly beauty box subscription service of vlogging sensation slash entrepreneur, Michelle Phan, pocketed US$3.8 million from Crosscut Ventures and Amalfi Capital.Read more on Ventureburn.
So here are some staggering statistics:By 2030 India’s urban population will reach 590 million. That’s almost twice the entire population of the United States. The number of urban middle-class households will rise by over 300% to 91 million and the working-age population will increase by 270 million people. What’s more, in order to meet forecast demand from India’s cities, US$1.2 trillion of capital investment is required.India has made some spectacular progress.According to the World Bank, from 2005 to 2012, poverty ...
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