providing solutions to challenges of the 21st century
The content discusses the founder's dilemma between investor demands and maintaining a company's core mission. It emphasizes that investors need founders more than vice versa, advocating for founders to clearly define their mission and understand the distinction between mission and vision. Seven practical rules for navigating investor relationships are provided, stressing the importance of maintaining conviction and traction.
In reflecting on his consulting career, Adebayo Alonge emphasizes the importance of understanding market architecture to identify opportunities, particularly in closed markets. He transitioned from consulting to entrepreneurship, founding companies that deliver essential services to underserved areas. His journey underscores the need for moral clarity in building solutions that serve the overlooked.
Hernando de Soto argues that the global credit system fails to serve the vast majority of entrepreneurs due to outdated risk measurement models. StorsApp addresses this by utilizing alternative data for credit assessments, achieving a zero default rate. The company has pivoted to focus on cross-border payments and trade finance, facilitating access to international markets for small businesses in developing regions.
The author challenges the notion that speed and distance are opposites, advocating for a unified approach to tackling systemic issues like counterfeit drugs, financial exclusion, and energy poverty. By sharing resources across ventures, the author demonstrates how diverse projects can coexist under a single trust architecture, leading to significant impact and financial success.
The last AI wave wrote copy. This one runs companies. In this edition I unpack GPT-5’s impact on African founders: collapsing cost curves, multilingual-by-default products, and moats built on trusted local data. You’ll get 7 plays to close the gap (edge-first design, data commons, compliance-as-UX), 5 launchable business models, and a vendor checklist to stay regulator-ready.
Many people start business with almost no one providing them any advice. There are 4 tips to pay attention to in order to succeed in business - patience, focus, large markets , willingness to share. #smallbusinessowner #smallbusiness #entrepreneurship #africa #adebayoalonge https://youtu.be/LPSncpi8IS0?si=YaOQRC1Na4s0xmyO Tips can go a long way to help you succeed as you start out … Continue reading Tips to Entrepreneurs starting out
Small business owners need to set out time to plan for the year. Even just 3 hours of setting goals will make a big difference. How will you set goals for your business this year? Tell me in the comments. #smallbusinessowner #smallbusiness #entrepreneurship #africa #adebayoalonge #goalsetting #fyp #harvard https://youtu.be/F8FtLgY-rqk?si=HS-nk7vX_NczBGMd Goal setting helps small business owners … Continue reading Goal Setting for Small Business Owners
Happy New Year! GeoPolitics will present a major risk to scale up startups in 2024. What should entrepreneurs and small businesses do to ensure their businesses thrive in this era of increased geopolitical tensions? Let me know your thoughts in the comments. #entrepreneurship #smallbusiness #africa #geopolitics #adebayoalonge https://youtu.be/IbsXGhIP9iU?si=m_esCPRlOsj4J__a Businesses will need to navigate geopolitics in … Continue reading Geopolitics is major headwind for business in 2024
The African continent, given its young demography, large diaspora, propensity for cross-border trade and volatile local currencies, is well positioned to exercise soft power to drive innovation, as well as benefit from Web3 technology. In this article, Sam Ade Alonge (Founder/CEO of Storspay) shares his insights from the State of Web3 report published by Emurgo Africa, in collaboration with PwC.
Adebayo Alonge is one of 13 accomplished African tech leaders selected into the inaugural cohort of the prestigous MIT Legatum Foundry
