Nigerian Startup Founders: this is for you. Possibly, you might have noticed that the industry has changed dramatically in the last three months, across many dimensions. This redesign will continue over the next few quarters.
There are many CEOs and Founders in the industry, offering largely non-differentiated products. A solution is clear: some CEOs must be open to become Vice Presidents or Heads of Units in other companies. And what that means is that we need to combine some companies.
That combination does not diminish anyone; it is a sign of strength. Those fintech ideas are off by more than two years. Why not talk to other founders/startups and come together under one firm? If you do that, you have a better chance since we already have clear dominant players in the industry. The same goes for ecommerce, logistics and other sectors.
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Not everyone must be a CEO – come together! If you do that, investors will pay attention.
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