Entrepreneurship is a real physical monopoly game

This looks like an interesting Monopoly to play. Here YOU will physically feel the: Go To Jail, Do not pass begin, to do not collect $200. Entrepreneurship is practical. You don't become a successful entrepreneur in the classroom, you grow by implementing, making mistakes and learning from them. In the same way you don't learn…

Spiritual people

For many of us, spirituality brings comfort and peace in times of trouble. Our belief systems support us and hold us up when things get rough. However, spiritual people are not exempted from the world's physical problems. Just because you are a believer does not mean you do not have to real issues and real…

When Jeff Bezos met Warren Buffett

This conversation between Jeff Bezos and Warren Buffett keeps playing in head: Jeff Bezos: “[asked Warren] Your investment strategy is so simple.... You are the second richest guy in the world, and it is so simple. Why doesn‘t everyone just copy you?“ Warren Buffett: “Because nobody wants to get rich slow.“

Einstein and his wife, Mileva Maric

After reading Leonardo Da Vinci, Steve Jobs, Benjamin Franklin, and The Code Breaker and I thought I had read Walter Isaacson's best biographies, until I started reading Einstein: His Life and Universe. A few pages in and it is easily proving to be an amazing read. Here is an interesting paragraph from the book about…

Eight short business stories

1) Nokia rejected Android 2) Yahoo rejected Google 3) Kodak turned down digital cameras 4) Blockbuster rejected Netflix 5) Wikipedia disrupted enyclopedia 6) Zoom disrupted Skype 7) Uber disrupted taxis 8) Mpesa disrupted traditional banking Lessons: 1) Take risks [calculated] 2) Accept change. 3) When the pace of change outside is faster than the pace…

New products, strong distribution

Distribution wins. When a consumer market is new, distribution wins. When you are a startup introducing a new product to the market, a well thought-out distribution channel is critical. You want to make it easy for your early adopters to access your product. Don't just invest in your product, also invest in your distribute channel.…

Being desensetised

I was having a meeting with a friend at a restaurant near the OR Tambo airport. My friend stays at Ekurhuleni, which is where the airport is. So I arrive early at the mall where we are meeting, and I decide to sit silently in the car in the parking lot for a few minutes.…

Letterman and Obama

I love Letterman's interview style, his humour, his easy going style, his connection with his guests. His interview with Obama on My Next Guest Needs No Introduction With David Letterman, is fascinating. One thing that stood out for me was when they were discussing the role luck plays in our lives. Obama asked Letterman at…

Sankofa

Sankofa is a word in the Akan language of Ghana which encompasses the meaning: "We must go back and reclaim our past, so that we can move forward, so that we can understand why and how we came to be who we are today." [Kwesi Kwaa Prah in Rukuni 2007] I learned the meaning this…

Working on your forever

Do you remember Lethabo who booked regular sessions and always opened your newsletter updates? Or Lethabo who stopped by on her way to work every day for a skinny latte? How about Jo who religiously shared your blog posts and Mark who sent clients your way? Have you seen or heard much from them lately?…

Keep putting in the hours

How do you know that something you are working on is bearing fruits when you can't see those fruits immediately? Say you are working hard to lose weight, and after 5 days of gym, the scale keeps throwing out the same number. Often people give up when what they work on very hard, does not…