Transformify

SEPTEMBER 12, 2017

At the same time, 75% of all university graduates in Kenya and Nigeria are likely to be unemployed for up to 5 years after graduation. Kenya and Nigeria are of a particular interest for the employers in the UK due to the high percentage of English speakers who have received bachelor’s degree or higher.

Africa 75

Africa Benin Seychelles Nigeria 75

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. I went to Nigeria to meet that first cohort, interview them and try to pick four from the six. The problem was had the wrong business model at the time. Our revenue model was wrong.

Cofounder 147

Cofounder Entrepreneur Africa Sales Cycle 147

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. I went to Nigeria to meet that first cohort, interview them and try to pick four from the six. The problem was had the wrong business model at the time. Our revenue model was wrong.

Cofounder 120

Cofounder Entrepreneur Africa Sales Cycle 120

Up and Running

MAY 28, 2015

I’m on there as a mentor, and I’m mentoring a guy in Nigeria, who’s starting a business. Then you pick what are the types of areas you want help in. Then the system will match you with mentors who say they have expertise in those places. Then I’m also mentoring a woman in the Bay Area. I get to pick and choose who I want.

Small Business 60

Small Business Email Startup Aggregator 60

Up and Running

APRIL 27, 2012

The more visitors you bring to your website the greater your potential to derive revenue from them regardless of your business model, and without costs growing in proportion. For example, if you are selling a service where the core market is a local audience in the UK, traffic from Nigeria is not going to be of much use.

Metrics 68

Metrics Nigeria Ratchet Churn Rate 68

thebarefootvc

OCTOBER 25, 2015

Over 30% have used mobile banking in the past month, a mode of banking that is currently more efficient in Nigeria than it is in the United States. Within the next 10 years, we will see new business models created that will take advantage of these new networks and from the data created by this connectivity.

Disintermediation 58

Disintermediation United States Nigeria Kenya 58

thebarefootvc

OCTOBER 25, 2015

Over 30% have used mobile banking in the past month, a mode of banking that is currently more efficient in Nigeria than it is in the United States. Within the next 10 years, we will see new business models created that will take advantage of these new networks and from the data created by this connectivity.

Disintermediation 40

Disintermediation United States Nigeria Kenya 40