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Growth heals all business problems! – Join Us At Tekedia Live on Saturday

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Join us on Saturday at 7pm-8.30pm in Tekedia Live as we discuss “How To Scale a Business in Africa”. It would be a conversation on the physics of business growth and anchors for accelerating revenue. He speaks well. She presents well. His slides look great. Her style is superb. When the Board says those, it means your NUMBERS are great. But if your numbers are poor, even if you bring an orator, your presentation will remain mediocre.

Yes, nothing makes a business leader a STAR than great numbers because Growth heals all business problems! People, join me as we look at Growth within the mechanics of business systems. Zoom link in the board.

If you have registered for Tekedia Mini-MBA June edition and want to join, ask Admin for access. Registration continues here.

The Great Disintermediation In Advertising

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Our market share has grown but we are not making more money! It does happen. Your industry is shrinking but you are still there. Case in point: analog advertising agency. You must have noticed that many of your competitors are exiting the sector. If you are still there, it does not mean that you are doing better by out-competing them.

What is happening is simple: many of your industry peers are dying. Why? Your sector has been disintermediated by digital ICT utilities. Yes, the pile is getting smaller every year and even though players are working harder, there are limited ways to capture value. This is the time to TRANSFORM.

The disintermediation of advertising agencies by digital platforms like Google and Facebook. How vulnerable is your sector to the evolving digital commerce? The Wealth of Nations is now the Data of Nations, find your path to digital. It took Apple decades to hit the $1T market cap but just about 2 years to hit $2T. There is power in bytes; TRANSFORM digitally, not just Run digitally.

The Challenge Before Ad Agencies

Eyitayo Adeleke Is Tekedia CollegeBoost National Recruitment Coordinator

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To all Nigerian universities/polytechnics/colleges of education and student unions for Tekedia CollegeBoost, we have moved the recruitment engagement for that program to students. Eyitayo Adeleke is going to nationally coordinate that with his team at Federal University of Technology, Minna. So, if you have any questions, reach out to Eyitayo. Tekedia Institute will continue to handle all academic programs including the delivery, support, etc. But the recruitment goes to the students and their networks. The goal is to improve the cost model and ensure that most students can attain our program before graduation.

Tekedia CollegeBoost is an Advanced Diploma in Business Administration designed for students in colleges. It involves an 8-week program which could be broken into two semesters or taken in one semester, depending on the arrangement with the school or group of students. This course is only offered to a group of students.

Tekedia Live – “Starting a Business and Planning Finance”

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We just concluded an amazing live session on the mechanics of starting a business with the understanding that you can be working at a company, and still help launch a new business, new subsidiary or new product line, within that company. Of course, you can also be independent and decide to pursue a mission of building something from scratch.

The fact is this: you need to have a clear problem you want to solve in the market, as an entrepreneur or an intrepreneur, and then go and solve it, deploying the capabilities you have.

In the session, our Guest Faculty, Charles Igbelokotor, B.Eng, MSc, CCBI, shared experiences, drawing from founding, INOVIDIA in London, UK. It was a very engaging conversation.

The recorded video is in Board 4. It is a very great insight on how to BEGIN, internally or externally, once you have identified that a market has a friction. We will continue the conversation this Saturday when I lead a session on “How To Scale a Business in Africa”.

Tekedia Institute Mini-MBA – for the wealth in markets and communities.

The $40 Billion Indonesia’s GoTo

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It is a big moment in Indonesia as two giants combine for one. Yes, the ecommerce giant Tokopedia will merge with ride-hailing Gojek to form GoTo. The value of the deal? $40 billion. That could be more than the whole value of the Nigerian Stock Exchange depending on your exchange rate. So, these two firms are really amazing.

The Indonesian e-commerce and ride-hailing start-ups have confirmed their proposed deal and will create a new entity called GoTo. The company could be valued at up to $40 billion, DealStreetAsia reports.

Goto will be led by Tokopedia CEO William Tanuwijaya and president Patrick Cao; alongside Gojek’s co-CEOs Andre Soelistyo and Kevin Aluwi. Tokopedia and Gojek shareholders will own 42 and 58 percent of the company respectively, according to Bloomberg.

Goto’s services will span e-commerce, courier services, food delivery, ride-hailing and more; estimates from this month peg its valuation at around $18 billion.

The announcement follows news that Singaporean ride-hailing giant Grab will go public in the US in the world’s largest SPAC merger, which would also value that start-up at around $40 billion. Experts expect that the debut will spur a listing spree by Southeast Asian tech firms, including Goto.