After university, I started a pharmacy and co-owned the business. Later, I was hired to set up another pharmacy in Slough for an American company entering the U...
Silicon Valley Money Isn't Always the Answer - Hans Nilsson
We dive deep into the critical considerations for scaling businesses in Africa, examining the complicated relationship between founders and investors. The conversation reveals the three essential questions every entrepreneur must answer before seeking investment and explores why importing Western business models often fails in African markets.• Know your customer and focus on simplifying your business model rather than trying to serve everyone• Many African startups misuse investor funds, which "burns investors" and damages the ecosystem• Ask yourself: what benefit are you bringing, how will you make money, and how will you protect your business• Raising investment means giving up control - investors will always be thinking about their exit• Consider if you need investment at all - building a family business requires a different approach than venture-backed startups• The "color of money" matters - choosing the right investors who align with your vision is crucial• Don't blindly import Western business ideas without adapting them to local culture and customersIf you haven't subscribed, please do. Leave us a review on Spotify or Apple Podcasts and let us know what you think about this conversation.Support the showWatch the video episode of this on YouTube - https://linktr.ee/konnectedminds
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Don't Build Tech, Solve Real Problems: Lessons from Hubtel's Success - Hans Nilsson
We explore how African tech companies can leapfrog established markets by focusing on practical problem-solving instead of technology for its own sake. Hubtel's journey reveals valuable lessons for entrepreneurs looking to build lasting tech businesses that make a meaningful impact across Africa.• Technology in Africa offers immense untapped opportunities and potential to leapfrog established markets• The Citizen app in Ghana consolidates government services efficiently, something that would take years to implement in the UK• Mobile money thrives in Africa but barely exists in Europe, creating unique opportunities• Young entrepreneurs should focus on solving practical problems with technology rather than being "tech businesses"• Hubtel transformed ECG's payment system from -7% annual growth to +128%, implementing the solution in just four months• Companies should consider international expansion earlier than conventional wisdom suggests• Expanding the same service to neighboring countries often carries less risk than developing entirely new services at home• An IPO represents a "very realistic future possibility" for Hubtel as it thinks about becoming a multi-generational institution• Successful expansion requires finding underserved markets rather than competing head-on with established playersSupport the showWatch the video episode of this on YouTube - https://linktr.ee/konnectedminds
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Value Recognizes Value: The Blueprint for Success Beyond Talent - Futurist Kwame
The journey from being a 15-year-old preacher to becoming a global public speaker reveals how persistence, character development, and strategic consistency lead to life-changing opportunities and relationships.• Living an integrated life rather than separating work, family, and personal development• Balancing multiple responsibilities through integration rather than compartmentalization• Starting public speaking journey at 15 after a powerful sermon featuring a matchbox demonstration• Learning that charisma without character creates an unsustainable foundation• Struggling with spiritual disillusionment and searching for purpose through entertainment• Finding the blueprint for success through studying Vusi Tambe Kwayo's speaking career• Pursuing a mentor relationship consistently for seven years before receiving acknowledgment• Building value until recognition becomes inevitable• Understanding that "nothing good comes easy, nothing worth keeping comes easy"• Applying biblical principles of patience to modern career developmentSupport the showWatch the video episode of this on YouTube - https://linktr.ee/konnectedminds
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Beyond Jobs: Partnering with Technology - Futurist Kwame
We explore how technology should be viewed as a partner rather than an enemy, making life and work easier while freeing human creativity from repetitive tasks. • Technology has always taken redundant jobs to free humans for more creative work• Historical perspective helps us see current tech disruption as part of a longer adaptation pattern• Build "non-technology cannibalizing skills" that automation and AI cannot replace• Take your education into your own hands as knowledge is more accessible than ever• Develop computational thinking to understand how tech fits in your industry• Build digital literacy by staying informed about emerging technological trends• Document your learning process and share valuable content to build your brand• People often judge messages by the messenger rather than the content• Resistance to trying new approaches prevents many from professional advancementTake your education into your own hands, develop computational thinking, document your process, and share it with the world. These simple steps can help you build a sustainable career in any industry.Support the showWatch the video episode of this on YouTube - https://linktr.ee/konnectedminds
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Building Wealth in Ghana and Beyond: A Complete Investment Guide
Benjamin Anane-Asamoah shares powerful insights on investment strategies for Ghanaians, explaining how to build wealth through compound investing and diversification across multiple asset classes. He breaks down the financial wisdom that transformed his own life from employee to successful entrepreneur and investor.• Understanding compound investing as the key driver of wealth accumulation• How to earn 28% returns through treasury bills in Ghana while beating inflation• Using money market funds like IC Liquidity Fund and Stanbic Cash Trust for consistent returns• Accessing Ghana Stock Exchange through brokers like IC Securities and Black Star Group• Investing in US stocks directly from Ghana using apps like Bamboo• Why diversification protects your wealth from market volatility and company failures• The importance of planning for retirement rather than relying on children for support• How investing just 400-500 cedis monthly for 20-30 years could yield 1 million Ghana cedis• Moving from saving to investing to protect against inflation eating away your purchasing power• Analyzing stocks by understanding company fundamentals and growth potentialSupport the showWatch the video episode of this on YouTube - https://linktr.ee/konnectedminds
After university, I started a pharmacy and co-owned the business. Later, I was hired to set up another pharmacy in Slough for an American company entering the UK online healthcare market. Over the years of running our business and establishing pharmacies and a real estate company in Ghana, I developed a passion for sharing the skills I acquired. On this show, I'll bring you insights from entrepreneurs, healthcare professionals, and specialists in their fields. I hope you enjoy the best podcast in Ghana! YT: https://youtube.com/@KonnectedMinds?si=s2vkw92aRslgfsV_IG: https://www.instagram.com/konnectedminds/TikTok: https://www.tiktok.com/@konnectedminds?_t=8ispP2H1oBC&_r=1
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