African Entrepreneurs need to work together to improve VC conduct in Africa
In reviewing the book Bezonomics by Brian Dumaine , I compare similarities in the personal characteristics of Jeff Bezos and Elon Musk . I also discuss differences in their individual approach to business. I discuss what the Bezonomics philosophy is and how companies can both adopt it and compete against it. Although the book covers anti-trust concerns and potential regulator induced break-up implications for Bezos company- Amazon and the rest of the FAANGs (Facebook, Amazon, Apple, Netflix, Google), I do not cover these in my review. In conclusion, Bezonomics is an AI-automation philosophy focused on using AI to learn customer transaction data which is then used to keep customers happy through understanding their needs at scale and providing what they need, when they need it at the lowest prices on offer even if initially loss-making. It is focused on selling through all channels possible and to all potential customers- foe and friend alike - with goal of achieving scale economies in AI learning of customer needs that then translate to automation driven operational efficiencies that decimate the competition. This then yields market dominance and generates predictable cash flow that can then be used to subsidize expansion into new related verticals. This philosophy is superior especially for retail focused businesses. All business owners should seriously consider implementing this philosophy in their businesses or working with emerging AI business leaders like Adebayo Alonge as well as platforms like RxAll and StorsApp that provide them the understanding of AI business transformation strategies as well as AI tools to differentiate their business.
Coronavirus is sparking an upsurge in falsified drug cures. Personally and through my company RxAll, we are supporting the distribution of this eye-opening BBC undercover documentary exposing the fake cures being peddled in Ghana, West Africa. Premieres in 50 minutes at 2:30PM ET. Be First to Watch.#BBCAfricaEye or @BBCAfrica
adebayoalonge explores how business education helped him create RxAll into a global impact platform
Building a global tech platform from Africa that solves a huge social problem takes hard work and resilience especially more so when led by a native young African. Achieving some success attracts well wishers, flatterers and haters. How to manage success is key for the young African tech entrepreneur and this riveting article narrates the RxAll journey in managing these intricacies on its path to pioneering the in-situ drug checking industry as a solution to the global fake drugs problem.
So excited about the work Neuralink is doing. This is pure deepTech play connecting academic health research (neuroscience+physiology), material science, chip sensors, robotics, IoT, Big Data, AI the Internet and published academic studies. RxAll having followed a similar pathway and working on exactly similar deepTech components towards a whole solution is very much aligned and can empathise with your … Continue reading Praise for deepTech pioneers- RxAll & Neuralink
The following text represents the core of Adebayo Alonge's presentation at the world's largest deepTech conference in Paris France holding between March 13-15, 2019 where he is representing Africa
Emerging digital technologies revolutionize healthcare delivery across the world
Uber is not a ride sharing, ride hailing or taxi company. Uber is an on demand platform for autonomous vehicles.
In this article, adebayoalonge distills his learning from studying successful impact entrepreneurs into 11 principles that enable any aspiring social entrepreneur to succeed in transforming the world