4. The lie called “SME”
• Start Small
• Stay Small
• You need help
• You will always need help
• Your audience is in your area only
• Make what you need for family
5. The truth called ”Startup”
• Business from idea to the world
• Business of solving problems
• Business that fuels collaboration to success
• Business with learning as the main activity
• Business that intentionally builds leaders
• Business that promotes innovation
• Business that can only be designed only to exchange true VALUE
6. SMEs vs Startups
• Grow fast: By design, this means that they have something they
can sell to a very large market. For most SME businesses, this is
not the case.
• Financing: Startups tend to rely on capital that comes via angel
investors or venture capital firms, while small business
operations may rely on loans and grants.
• Exit Strategy: startup plan an exit strategy and pitch this for VC
funding. Without an exit strategy in your plan, you’re unlikely to
get it.
10. What do investors want?
• Size of the opportunity
• Products or Services
• Strength of founding team
• Where is My Money is going?
• Attracting Customers,
• Funding Alternatives,
• Execution Strategy,
• Exit Strategy.
12. The Next Economy
An economy lead by Entrepreneurs not Politicians
Entrepreneurship
Politics/Governance
• Increase meaningful living
• Attract & Recycle Investments
• Increase economic productivity
• Reduce Unemployment
• Reduce crime
• Pay Bills & Taxes
• Build better working Systems & Institutions
• Create business friendly policies
• Provide basic amenities/infrastructure
• Create easy access to market
• Build the best international trade relationships
13. The Roadmap to the Next Economy.
Capacity Building
Innovation
Access to Market (Local & Global)
Trainings with Intent
Ideas that actually solve problems
Policies for high traction
( Africa/Global )
14. Very Clear Actions & Tools
1. Team
2. Hubs & Events
3. Incubation
4. Accelerators
5. Mentors/Investors
0. Family Meeting Clearly ask every body in the family to support you or leave you alone
Identify great minds from your past or present and build a strong team
Converge with other great minds and always attend learning events
Be prepared to go through the tough but right processes from idea to business
Get expert assistance/funding to sharpen the business for exponential growth
Work with people most interested in your success to make it happen