Today, 8 startups will be available for our Tekedia Capital Syndicate members to invest in. The sectors cut through fintech, financial services, agriculture, human resources management, telecoms and mobile money. We’re making it easier for citizens, groups, investment clubs, companies, organizations, etc to own a piece of early-stage, high-growth technology startups operating across Africa.

Good People, out of these 8 companies, a unicorn could be born today. We invite you to join our Syndicate here and co-invest with our members.

A new cycle begins today to end early May 2023. If you want to co-invest with us in the world’s leading startups, we invite you to join us. We see a new future and are investing to build that future. We have seeded great companies and cushioned amazing innovators.

Tekedia Capital offers a specialty investment vehicle (or investment syndicate) which makes it possible for citizens, groups and organizations to co-invest in innovative startups and young companies in Africa and around the world. Capital from these investing entities are pooled together and then invested in a specific company or companies.

Join today and let us build together; begin here.

Chris Yeh, the man who co-wrote with LinkedIn founder (Reid Hoffman) the award winning book -”Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies” – dropped a line months ago: “Professor, thanks for your efforts spreading Blitzscaling in Africa.” Indeed, Tekedia Institute has become a temple where entrepreneurs and professionals are mastering how to grow companies.

On Saturday, at Tekedia Mini-MBA Live, I will lead a session on Growth. It is always a moment when we run this session because for most of our learners, at the end of everything, the question which must be answered remains “how do I grow this company”?

Meanwhile, register for the next edition here . It is the most affordable business school right now.

Your minimum viable product (MVP) should focus on functionality over design. Here, the goal is to prove the hypothesis that the product can fix the market frictions. Unless that validation has been done, do not waste resources on secondary features…. And do not mindlessly burn cash on advertising until you can attain a product-market fit.

Never try to scale a business until you can retain customers. That customer retention is a validation of your business hypothesis via product-market fit.

A growth playbook which begins when a company cannot retain customers wastes resources. You are likely going to onboard customers, but the day that marketing or promotion blitz stops, the customers will move. Build. Pursue product-market fit. Then Scale.

Meanwhile, Tekedia Mini-MBA is many new courses including “The Mechanics of Minimum Viable Products (MVP)” and “The NEP Framework – Discovering and Listening to Customers”. If you have not registered, do so here . We offer great value.

Comment on Feed

Comment 1: Thanks, Prof, for sharing your insights on MVPs and customer retention. I completely agree that functionality should be the priority when building an MVP. It’s crucial to validate the hypothesis and attain product-market fit before investing in secondary features and advertising.

Furthermore, your point about customer retention being a validation of the business hypothesis is spot on. As you mentioned, it’s not wise to focus solely on onboarding customers without ensuring they will stick around in the long run. Pursuing product-market fit first and then scaling is a more efficient and sustainable approach.

Thank you for sharing your valuable insights, as always.

Comment 2: When Sir Francis Bacon  published in his work, Meditationes Sacrae (1597), the saying: “knowledge itself is power”, he was partly right, holistically knowledge itself is not just power but the wisdom to channel potential/acquired power to the right direction at the right time for optimal result/performance.

The above infor is worth millions of dollars to any startup, many has fallen victim of this, unfortunately they where not armed with such classical yet simple knowledge and that have cost them their existence sadly.

Thank you Prof. Ndubuisi Ekekwe. You made my day with this timely advice.