We all want to be great business leaders and to get more done even when we are away. If you were to take an unexpected week off work, would your initiatives and priorities advance in your absence? We need to be more essential and less involved. If you achieve this you’ll become a sought […]
Introduction This year 2016 the government of Kenya is making good of its promise to have all standard one pupils getting computers in order to aid in their learning. This is a major disruptive innovation aimed at preparing the 21st century pupils for the digital age in their tender age. As this is rolling out […]
I have met several people who want to start a venture and their first ask is that they need a mobile application developed for them. When I ask why they need an app the response is usually that a mobile app will enable potential clients to conveniently access their products or services. Here’s the problem […]
Internet provides you with the ability to reach more potential customers outside the scope of other marketing outreach activities that you conduct. To go online you require the following; A domain name For example www.mybusiness.co.ke A webpage This can be from a web template available for free online. Web hosting This can be […]
The evolution of the matatu business in both urban and rural areas has led to a myriad of challenges that if not resolved will reverse the gains made over the years after the Michuki rules. The challenges are many and I may not be exhaustive as I seek to offer my opinion in how they […]
What Problem am i solving? How big is this problem? What do i project will be your sales for one year? What are the risks for my business? Who is my ideal customer? What is my target market? Why is my solution better than all the existing ones? What have i learnt about my business idea to date? What is my […]
Introduction Kenyans are known as some of the most innovative people in Africa. Growth in Innovation should go hand in hand with intellectual property protection so that the innovators can be able to secure their inventions. Despite the increase in innovations we still have very low numbers of patents and copyrights applied and granted in […]
Getting paid promptly is critical to the survival of your enterprise. You need to come up with a policy on payments so that you ensure you have cash to carry on and meet new orders. The following should be part of the policy: Defined credit period. Bank guarantees from new customers placing huge orders to […]
Having your own business presents a number of rewards. When your company is successful the financial and psychological rewards are often significant. Since this is definitely one of the reasons you want to start your business let’s take a look at how the end of the tunnel may look like for you. You’ll be your […]
As a startup you are very keen on learning about the reception of your product or service. You should get as much feedback from your first customers (visionary customers) as you possibly can. Find out why some people bought your product and why others are shying away from it. Hand out 1: Visionary customer questionnaire […]