Elon Musk explains why many people are afraid to take risks and achieve greatness
Bill Murphy Jr.
January 3, 2018
It’s the most rational reason imaginable–but it can lead to a boring, ordinary life. The most powerful threat to greatness isn’t evil. It’s mediocrity. Of all the colorful ways to articulate that truth, one of the best is what Elon Musk told Chris Anderson of Wired magazine, back in 2012. They were talking about Musk’s space exploration company, SpaceX, which grew out […]
Two Nigerians shine in African Entrepreneurship Award 2017
Businessam StaffDecember 15, 2017
Two Nigerians, Folashade Amusa of VicFold Recyclers, and Sylvester Mujakperuo of Saint Michelles and Joey Limited, were among 12 winners from 19 countries at the third edition of the African Entrepreneurship Award, which held in Casanblanca Morocco recently. Folashade Amusa won for her efforts in paper collection and recycling to protect the environment. Her company, […]
Now best time to invest in Africa, Tony Elumelu inspires entrepreneurs
Businessam StaffDecember 7, 2017
Africa offers investors the largest return on investment, Tony Elumelu, chairman of Heirs Holdings in Nigeria said during the first session of the Africa 2017 Forum that kicked off Thursday, featuring the Young Entrepreneurs Day. “I want to leave this forum knowing that there is no greater time to invest in Africa,” Elumelu said opening the […]
Lebo Gunguluza to launch Africa’s first 100% black-owned digital bank
Businessam StaffDecember 4, 2017
The Fourth Industrial Revolution is upon us and with it the growth of financial technology (FinTech), which is quickly changing the world and holds much promise for the African continent. Gunguluza is looking into bringing both these innovations by launching the first FinTech bank on the continent at the Hilton Hotel in Sandton on 12 […]
Macron to urge entrepreneurship on first African tour
Businessam StaffNovember 28, 2017
Emmanuel Macron, French President will tour Africa this week to try to boost France’s flagging influence on the continent and convince young people eyeing Europe’s shores they have a future at home. Macron’s first African tour, which begins Tuesday, takes him to Burkina Faso and Ivory Coast, two former French colonies that deposed strongmen leaders in […]
China offers financing help, subsidies to boost private investment in manufacturing
Businessam StaffNovember 20, 2017
China issued guidelines on Monday aimed at boosting private investment in manufacturing, including stepping up fiscal support and “innovative financing” for private firms to gear towards greener development and move up the value chain. The government will support private firms’ fundraising efforts through products such as corporate bonds and asset-backed securities, as well as through […]
Want to be an entrepreneur? Leave politeness at the door
Businessam StaffSeptember 5, 2017
Maybe Travis Kalanick and Steve Jobs were onto something. There are more entrepreneurs in countries where ruthless business traits are held in higher esteem—even after controlling for gender, education level, and gross domestic product per capita, according to a review by researchers at Aston Business School in the U.K. and Kansas State University in the […]
Lessons entrepreneurs should learn from Dangote’s Bloomberg interview
Businessam StaffAugust 28, 2017
One of the major highlights of last week was an in-depth interview Africa’s richest man, Aliko Dangote had with Bloomberg correspondent, Francine Lacqua. In the interview, Dangote revealed much about his personal life as well as a business journey so far. While many are harping on the surprising revelations that emerged from the interview, this […]
Expert urges entrepreneurs to save businesses with equity funding
Businessam StaffAugust 24, 2017
An Economist, Emmanuel Eze, Thursday, advised entrepreneurs to embrace equity funding to keep their businesses afloat, especially in this era of economic challenges. Eze, the Chief Executive Officer, Perfecta Investment Company, Lagos, gave the advice in an interview with NAN in Lagos. He said that the funding could be private equity or expert advice was […]
World Quality Alliance seeks to promote standard in business environment
Businessam StaffAugust 15, 2017
World Quality Alliance, a global organisation that seeks to improve a quality of human life by contributing to the progress of science and technology in partnership with Africa Quality Institute is seeking to build capacity that will help businesses and organisations attain standard in their service delivery. The seminar which comes up on the 6th […]