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Tekedia Live – Scaling A Startup and Getting into YCombinator – July 22 @ 7pm WAT

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On Thursday, Tekedia Live will host the team from Mecho Autotech. Mecho is one of the fastest growing startups in Nigeria today. They made me good and I admire their excellence and execution spirit. And for all they did and doing, Y Combinator accepted them. The CEO of the  Tekedia Capital portfolio startup, Olusegun Owoade, will be at Tekedia Mini-MBA to explain how they did what they did – and how you can prepare for Y Combinator.

Thur, July 22 | 7pm-8pm WAT | Scaling A Startup and Getting into YCombinator – Olusegun Owoade, CEO Mecho Autotech (2021 Y Combinator) | Zoom Link in Board

Join the best school here by registering today.

Experiences Vary In Nigeria – Modulate Yours and Respect The Cubana Team

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Good People, do not use Nigeria’s averages to judge people in our nation (case in point: Obi Cubana and his team). That Nigeria continues to underperform does not mean that everyone feels it that way. I grew up in Ovim, Abia state, and while in primary school, I experienced people returning home with helicopters. In short, there is a Helipad Road in Ovim, close to my alma mater – Secondary Technical School Ovim.

As you drive to it, right now, you will see a new  28-classroom building equipped with computers and robots (see photo). Not shown is the automobile lab, woodwork lab, etc building. What is a secondary school doing with a new 28-classroom when it has dozens already? Men and women have TOUGH LOVE for their community – you want the next generation to be ready to compete in the world.

Until I came to Owerri for FUTO, I did not notice the mess in the nation; village life was great and everything was there. So, as we attack people, do not think that everyone is the same!

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It’s Nigeria that has been slowing some people down, there are those whose speed of thought and execution prowess is way above what Nigeria can handle, so to them, it’s hugely frustrating watching Nigeria’s pitiful crawl to progress.

When did government start building schools or providing electricity infrastructures to communities? Our people built these things and handed them to government, it’s government that is even slow in taking over.

Perhaps the most pragmatic people in Africa can be found in the land of rising sun. My people are never fans of bureaucracy and the inefficiencies it breeds, for them, just state what needs to be done, what it will cost, and when it’s starting; and you see people voting with both their hands and pockets.

A community government works well for our people, this imported governance system has never been effective or close to being efficient, rather it only saps people’s energy, encouraging laziness and mediocrity.

You don’t need government to sponsor scholarships for Igbo communities, just tell your people that their neighbouring community have started doing it, and they will get involved immediately. Schools, markets, health centre, churches, they build them with ease, no stories.

 

Global Festival Mobility and Countries in COVID-19 Woods in an Era of Travel Analytics

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In 2019 and 2020, and early this year, both Christians and Muslims across the world celebrated their festivals and performing religious rites under the strict measures and controls put in place by the relevant stakeholders for total containment of the COVID-19 spread and impacts. Aside the religion-driven activities, people also participated in ceremonies where the measures were either observed merely or strictly.

Some days before this year’s celebration of Eid-l-Adha by Muslims reports indicate that a number of countries were having a third wave of the virus with the emergence of variants such as Alpha, Beta, Delta among others. “In those countries with low COVID-19 vaccination coverage, terrible scenes of hospitals overflowing are again becoming the norm. But no country is out of the woods yet”, said Tedros Adhanom Gebreyesus, during his biweekly press conference. The global health management body also noted that the Delta variant of SARS-COV-2 has been detected in over 100 countries.

Exhibit 1: Where the Delta variant has spread to

Source: World Health Organisation, 2021

In spite of the warning from the body and relevant government agencies, our analysis indicates that people in Ireland, United Kingdom, United Arab Emirates, Canada, Australia, United States, Greece, Bangladesh, Philippines, Malaysia, South Africa, Pakistan, Netherlands, India, Belgium, Nigeria, Spain, France, Mexico, Brazil, Germany, Italy, Thailand, South Korea and Japan showed significant interest in traveling between July 12 and July 18, 2021 than understanding the variant in relation with the virus. It is also surprising that people’s interest in face mask and social distancing was not encouraging during the period.

Exhibit 2: Countries and level of interest in select indicators [July 12-July 18, 2021]

Source: Google Trends, 2021; Infoprations Analysis, 2021

Our analyst notes that it is imperative that people in these countries observe the measures because the global health body and infectious disease experts have stressed that the variants are deadlier than the type that occurred during first and second wave of the virus.  From the insights, we expect significant behavioural change campaign from disease control agencies or departments in the countries because it is clearly shown that public are losing interest in observing the critical protocols for total containment of the virus spread. It has also emerged that concerned stakeholders need to consider travel analytics in their efforts of tracking people’s behaviour during movements.

As Commercial Space Era Begins, U.S. Universities Introduce Relevant Courses

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American universities are now creating courses for the Space industry. I received this from Thunderbird School of Global Management. Call it proactive product evolution: creating things which markets want. Yes, as the space industry booms, there will be jobs in that industry, and some schools are already going ahead to create courses accordingly.

As Bezos, Musk and Branson blast off, the booming space sector needs executives, managers, and principled entrepreneurs, not just engineers and scientists. Space business will surely spawn millionaires to join this first class of space-baron billionaires, with taxpayer support.

Professor Greg Autry is the world’s top academic expert on the complex and dynamic commercial space sector, and he’s leading our launch of a new master’s degree in space policy and business at ASU’s Thunderbird School of Global Management, delivered in Los Angeles.

Director-General and Dean Sanjeev Khagram (Stanford PhD who taught at Harvard) is also available to talk about space entrepreneurship, potential regulation and governance, public-private collaborations, economic inequality and other ethical challenges, future sustainable industries like asteroid mining, and higher ed trends represented by Thunderbird’s first-of-its-kind graduate degree in outer space business management.

Yes, very soon, you will see graduates who host master’s degrees in space policy and business.

The Obi Cubana’s Market

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Good People, Nigerians need to understand the full meaning of tolerance and respect. While I praise ecommerce entrepreneurs, I have no interest in investing in one yet. Also, that one discusses and examines the business model of Obi Cubana does not mean I will do the same carnival he just did. 

Education is the liberation of the mind. A professor of real estate may not think that any human should live in a house that costs more than $500,000, but if the job requires examining Beyoncé and Jay-Z’s Bel Air $88 million home, that is the job.

I am a typical village boy: the Igbo proverb says that “uwa bu ahia” and a simplistic translation is that the world is a market. In other words, there is business in everything! I looked at the Obi Cubana carnival from a business viewpoint, and many people appreciated it. If you do not like it, flip and move to the next one.

But note this: Obi has elevated Cubana, and when he returns to business, he will check how the foot traffic has improved in his clubs and hotels! Like in Michael Jackson’s wake keep where the girl said it would be nice to do this type of show regularly, Cubana 2.0 has started. And before I go, I send my condolences. He truly wanted to celebrate his mother – and he has all the rights.

Sure, personally, I will not do that carnival. But that does not mean that someone who did it is wrong. My job is to find the “market” in his thinking. When I shared here how my family built a road in the village, many here said that was stupidity – doing the government’s job!  Lesson: people see things differently, and there is stupidity in ALL of us.

Tolerance and respect will make us better. One question you should focus is this: is the wealth being displayed taxed and legal? If yes, QED! If Adamu, Femi or Uche had gone to space as Richard Branson did when there are many hungry people on this earth, Nigerians would’ve hammered him. But because he is a white dude, he is a visionary! This is it: there is nothing Obi Cubana did that Hollywood does not do weekly!

Obi Cubana has built a new basis to compete, and possibly, the ascension to Cubana 2 is here. If the world is a market, he has simply expanded his “market” after the burial carnival.

The Obi Cubana’s Carnival and Nigeria’s Acres of Diamonds