“When you take risks, odds are you’re going to fail. Successful people don’t like to fail. So the challenge with innovating as you scale is that you have to get people in the mindset that failure is part of the process — it’s part of this iterative process of grinding.”
The Savannah Fund has been in operation about 8 months now, and has done 5 investments. One at $200k+, one at $75k and three at the accelerator level of $25k each.
iHub Research continues to put out great research for clients. They also take time to put together the numbers for everyone else as far as what’s going on in our part of Africa.
A couple months back Omidyar Network released a report (with an exhaustively long title, like all reports tend to have), “Accelerating Entrepreneurship in Africa: Understanding Africa’s Challenges to Creating Opportunity-driven Entrepreneurship.“.
Last year for Pivot East, we flew in one of the top trainers in presentation design in the world from Duarte Design to spend two days with the 25 companies who would go on stage. The first day was a general training for all hands. The second day was one-on-one sessions. Only half decided they needed to do the personal session.