Here are 10 challenges and competitions SA entrepreneurs can enter in 2018! By entering these challenges and competitions, SA startups stand to benefit from prize funding, media exposure and even opportunities to partner with corporates. Seedstars World: With up to $1-million in equity investment up for grabs, this Swiss global startup competition for emerging markets is … Continue reading Fintech – get your game on
The survey has revealed some interesting views however, the results do raise some important questions. ventureburn start-up survey Incubators With >50% of start-ups working from home, Is an incubator becoming irrelevant to tech entrepreneurs in South Africa? Founders With >40% of founders starting alone, Should med aid companies be looking at different lifestyle plans for … Continue reading 2017 Ventureburn Tech Start-up Survey – South Africa
If you’re raising money for your company and you are planning to pitch to angel investors or venture capitalists, entrepreneurs need to be prepared in pitching their startup by anticipating the questions they will receive. The failure to have thoughtful and reasonable answers to VC questions will decrease the likelihood of the company getting funded. You … Continue reading Know your VC questions!
A silent wish from a Chief Information Officer, when presenting to the Board. Acquire the approval, without needing to present a 5 page business case.
Old yet really cool!
Here’s a riddle: What takes a tenth of a second to occur and can make or break your startup? No, it’s not the computation performed by your tech product’s proprietary algorithm. It’s a ‘first impression’, something that won’t change much after getting to know somebody for longer. If making a good first impression is your primary … Continue reading Get your pitch ready for funding!
Source: Aaron Wallis recruitment firm According to Aaron Wallis, a study of the world’s top 100 billionaires, as ranked by Forbes, just over half the billionaires assessed (53) started their careers working for other companies, while 17 started their own business and 30 billionaires inherited their wealth. In terms of first jobs, of the 53 billionaires … Continue reading What is an African Tech Billionaire doing today?
Interesting view for a Fintech entrepreneur in Africa! Why build an IOS App for your end user client base, if Android is clearly the market leader on our continent? I guess the O/S for MVP 1 seems like a no brainer!
A = OE + L Part 2 of 2 I was a bit surprised that I haven’t written an article for 2 months. Interestingly, I was quite focused on writing my thesis that I had to be reminded (thank you love) about penning my thoughts. Nonetheless, this write up is a follow on from article … Continue reading Accelerators = Outrageous Entrepreneurs + Lifetime value
Part 1 of 2 This past week was a bit tough; I had to apply some deep reflection about my views on South African banking. It was the first time a peer at work had told me to not be so harsh on bankers, that banks’ were not ‘arteries’ congested by fatty transactional services. I … Continue reading Eat while its Hot!
So imagine this scenario, A room with 50 staff from the World Bank, 30 Masters students elect and 12 entrepreneurs seated in tables of six, where we get to discuss our macro views on entrepreneurship, technology, access to capital, regulation and our current challenges in the market. Interestingly, there was strong debate and each of … Continue reading Fintech Africa: Made in China!
It’s always great to be back home. It’s an opportune time to catch up with both family and friends. During my time off, I was privileged to spend time with banking executives who shared their thoughts around Fintech and what could happen. Interestingly, many of them appear blind or are ignorant to the fact that … Continue reading Fintech South Africa – still at 60 kph
I reflect on my last piece of work and two extracts stand out for me, There is an increasing need for local South African banks to consider doing business with a Fintech company. It remains to be seen whether any other South African bank would venture into this territory where acquisition rather than collaboration becomes … Continue reading Can a Traditional Bank transform itself into a Fintech?