initial funding is the lifeblood of any entrepreneurship. Getting the right funds is a huge milestone in itself. But, that’s just the beginning. Once a startup secures necessary funding, the journey truly begins. It is time to set targets, adjust pre–emptive plans, and take the right steps. The actions a budding business takes after[…]
Money is a critical cog in the human economy. Whether you are a megacorporation or a promising startup, you need funds to keep things running. Without continual, necessary funding, things eventually come to a screeching halt, lets Understand Start-Up Funding Stages. Up-coming entrepreneurs need to thoroughly understand all the different stages of funding & how[…]
Pre-seed Startup funding has its nuances. Entrepreneurs must be able to think in advance and anticipate potential opportunities, crucial stages, and all possible pitfalls. As a startup owner, the onus is on you to understand how best to use seed funding & when you will be needing more funds. Pre-seed funding breathes life into ideas.[…]
The phenomenal success stories of tech start-ups across Africa are nothing short of fairy tales. Africa’s sector is defying global trends and showcasing incredible resilience in the face of increasing economic uncertainty. According to an article on Bloomberg, the booming technology-dominated start-up sector in Africa witnessed inflows of a whopping $2.7 billion since January 2022. […]
Metamorphosing a business dream into a successful, thriving venture is not easy at all. It takes a lot of courage. A huge dose of self-confidence, solid business acumen, a clear vision, a quick intelligent wit, and proper financial support. However, with the right kind of start-up funding, any entrepreneur can materialize their dream and take[…]
The continent of Africa is defying global trends. While the rest of the world shudders in the wake of a pandemic, we have African unicorn start-ups enjoying phenomenal success & brilliant growth. According to an article in African. Business, the year 2020 saw start-ups around Africa raise a record $4.2 billion, which increased to $4.9[…]
The Seven Essential Business Skills for Starting A Small Business Establishing a business successfully is not a simple feat. First, an array of skills is necessary for developing, growing, sustaining, and turning your new venture into a profit-making machine. Whether you are tech startup founders or entrepreneurs with tech ideas in Africa, identifying that skill[…]
It is one thing to have an exceptional business idea. It is a whole other thing to build a successful enterprise around it. You may have all the money and access to all the necessary resources to kickstart your business the way you always wanted. But, without proper planning and management, things will crumble like[…]
It was the year when African tech startup funding passed the $2 billion mark, according to an article on Disrupt Africa. 564 tech startups acquired more than $ 2.1 billion worth of funding last year. 2021 was a landmark year for the African startup sector. Founders of the fastest-growing tech startups, such as Chipper Cash, TymeBank,[…]
The growth and success of a startup depend upon many factors. Enough funding, the right vision & strategies, and the ability to tackle adverse market conditions; a combination of all such critical factors is vital to a business’ continual existence. Unfortunately, many startups struggle to keep themselves relevant and fail within the first 2 to[…]