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The CEO

Do you know how to make money in the new economy?

It’s kid stuff! The other day a dear friend of ours dropped by our home in South Africa. Her 14-year old son was born about the same time as our youngest daughter, and they went to kindergarten together. I will call him “John” for the sake of this little story, …

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Building an Internet business

Building an Internet business __”The times they are a-changin”… Looking back 150 years ago, if a young man wanted to make a fortune, he had to go to the goldfields of California or Johannesburg. It was called the “gold rush.” About 100 years ago, it was all about being in …

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People, Product, Process…

Credit: Strive Masiyiwa Profit! One of my favorite shows on Kwesé TV is “The Profit.” In it a wealthy entrepreneur called Marcus Lemonis goes around helping entrepreneurs to fix their businesses and make them bigger and more profitable. He invests his own money. By now you all know that a …

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Understanding business models (Part 2)

Credit: Strive Masiyiwa When you see an opportunity, get STARTED! A case study. I knew it would be the next big thing. It was time to act, and be a “fast follower…” The product opportunity I saw: Mobile Money. I’d been watching the developments at Kenya’s M-PESA, talking to friends …

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Understanding business models (Part 1)

Credit: Strive Masiyiwa “When did you first see the opportunity?” When I first started Econet Wireless, I travelled to South Africa to meet the senior leadership of one of the leading mobile network companies. I was looking for investment into our business. I did the customary pitch and offered them …

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