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Hello, is it me you’re looking for? Telecoms and Politics in Africa

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Glo

I see MTN has been in the news too often lately… That got me thinking about my reflections on the telecoms landscape in the past decade going back to my observations and reporting of “A preliminary assessment of Middle East investments in sub-Saharan Africa: Insights from the mobile telecom sector.”

The article summed up as follows:

in order to derive any medium? to long?term opportunities in the African mobile telephony market, both existing and potential investors would need to ponder over a number of concerns and/or questions arising from this article—notably, what are the key drivers behind this growth? Who are the key players driving this pattern of investments? Why the renewed interest in Africa from Middle East telcos? How has the landscape changed in terms of innovation and value added?

Answers to these parting questions remain: especially in terms of drivers and value-added.

In a follow on article,  Entrepreneurship Development in Africa: Insights from Nigeria’s and Zimbabwe’s Telecoms, political connections was observed as a driver or break depending on whose side you’re on.

Here we highlighted the challenges and opportunities for entrepreneurship development in two sub Saharan African (SSA) contexts as a point of departure. The study explored two countries with nothing in common besides the metropolitan (or colonial if you like) history.

Both case illustrations signpost emerging issues in enterprise development through compelling success stories of entrepreneurship initiatives despite infrastructural challenges and unstable economic and political landscapes experienced in the two SSA countries in recent years.

Drilling down from the country level evaluation, the enterprises and their founders are profiled with a view to generating areas for future research exploration.

Specifically, Nigeria’s Globacom, founded by Mike Adenuga, and Econet Wireless, founded by Zimbabwean Strive Masiyiwa, contribute, we hope, to current discourse on a “new generation” and perhaps learning from the “old guard” of enterprise development in SSA.

It was our hope that the article, back then and even more so now that the discourse: “would make for a good class discussion/ debate for academics teaching on entrepreneurship, innovation, and international business subject areas – and especially those in African universities or those outside the region, but also delivering courses related to that discipline.”

Where is the value added?

Read More:

Madichie, N. O. (2011). A preliminary assessment of Middle East investments in sub?Saharan Africa: Insights from the mobile telecom sector. Thunderbird International Business Review53(1), 79-92.

Madichie, N. O., Mpofu, K., & Kolo, J. (2017). “Entrepreneurship Development in Africa: Insights from Nigeria’s and Zimbabwe’s Telecoms”. In Entrepreneurship Development in Africa: Insights from Nigeria’s and Zimbabwe’s Telecoms. Leiden, The Netherlands: Brill. doi: https://doi.org/10.1163/9789004351615_009

5 Mindset Shifts An Entrepreneur Must Make

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Change is incredibly constant. Accepting it, and learning from it, and understanding that, is a serious mental hurdle for entrepreneurs, as their businesses, customers and market shifts over time.

Entrepreneurs are like farmers. They must plant to harvest. However, there’s more to just planting and waiting for the harvest. Entrepreneurs must ensure that they prepare the ground, fight the weeds and of course, the stubborn pests that attack their plants. Imagine the rigours that farmers faced. Let’s imagine that after all what a farmer goes through to plant, then he gets a very low yield during the harvest.

What will he do?

If he quits, then he was never a farmer. He perhaps had jumped into the profession because of the gains he envisaged. The same is applicable to every entrepreneur out there. It doesn’t matter what type of business you are running. Building a productive business is all about having the proper mind frame. Being an entrepreneur isn’t just about mindset, however, it has to do with skills and nice ideas.

You must be ready. Something I always ask many people out there – ”are you ready?”

Being ready is more than answering – ”oh yes!”

You have to sit down and think it through. You have to think about the loss, the setbacks, the rejection, and the impossibility. You just have to be a smart thinker and a goal-getter at all costs.

Here are five mindset shifts that will help an entrepreneur:

  • There is no right time:
    It is tempting to wait until the proper timing before beginning your business. Sadly, the proper time never really comes. It will happen after you make it happen, in spite of all obstacles in your personal life. An entrepreneur must get the timing right. If you have to wait for the perfect time, you may have to wait forever.
  • Not knowing is not allowed:
    There are many things you will not know-how as an entrepreneur. This could be scary, however, it’s not a problem. The mindset shift here is realizing that all of the knowledge is out there. It might be stored on the net, in a book, or someone’s head; however, it’s there, and you can find it. Everything else is by simply observing. Eventually, of course, you will also hire individuals to take on any tasks that you have got no ability to handle. Ignorance is never an excuse.
  • Money is just a number:
    You need money to run your business, thus, in fact, you do have to get serious about making it. However, you also cannot let yourself get intimidated by large sums of money. If the thought of handling $10 million scares you, then you’re likely to start sabotaging yourself and your business to stay in your comfort zone. As a business owner, always look at your revenue and decipher how to add a couple of additional zeros. It’s just adding zeros. Always remind yourself that money is just a mere number.
  • Setbacks are not signs:
    Many entrepreneurs drawback when they encounter a setback. You’re guaranteed to encounter setbacks. Conquering setbacks is your new job description in the entrepreneurship journey. An occurrence isn’t a symptom from the universe that you have created a terrible mistake. it is not a reason to quit. Instead, they are a reason to get even better at what you are doing.
  • It is not all about you:
    When you make a business work then you may deserve all of the rewards that go together with your successes. However, customers will tell if your only real interest is in enriching yourself. You cannot have a business if your merchandise or services do not make other people’s lives better. Concentrate on that first then the cash will follow.

Final words;
These aren’t the only breakthroughs you may experience as an entrepreneur. Failing to make these breakthroughs means passing up on opportunities which will take you to the next level. These are a few things you cannot afford to do completely.

As an entrepreneur, you’re to be blamed  for the failure and success of your company; no one else is. You need to take ownership of your results. You are accountable. You need to become a pacesetter and lead people to work for you.

Before You Get Married!

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The concept of a full housewife should be totally eradicated in Africa. I mean, no lady should go into marriage without having a clear understanding of what to do.

Every time I read about broken homes on the internet. I hear it on the radio and even see it on TV. It really saddens me to see how the young generation has bastardized marriage. There is no respect for the vows that were said at the altar.

I could vividly remember a marriage that lasted a month. Despite all that was spent on the wedding, couples no longer see eye to eye. The only reason the husband gave – ”She is too lazy. All she does is just sit at home and eats. I can’t continue to live with such a lazy person.”

I could understand his pain. Perhaps, the sole responsibility of carrying the whole burden of the home scares him to death. I asked if the wife learned any craft that she could build as a career but he said no.

Really? Hell no! She had no skills. All she could boast of is her first-degree certificate. Of course, I know how important the certificate is, but for a country like Nigeria, it is not enough. Especially when the job is not coming, a graduate could sit for donkey years looking for a job.

If you look at most of the failed marriages that we have, you will discover that the major reason for this common problem is ”finance.”

Lack of finance in the home is mainly the reason why the husband comes home angry. The thought of him paying for rent, home upkeep, children’s education, family and relatives’ needs, can be overwhelming.

Let’s be realistic, I am not against any man being irresponsible. No! Far from it. But if we must tell ourselves the bitter truth, then we must definitely agree that a woman who doesn’t have a job or skills, is not good for marriage. The bills are too much for a man who had spent almost everything he saved on wedding.

It might have worked for our grandparents in the past, but I doubt if it will work now. We are in a jet world. Everything has changed. We are in a world where multiple streams of income are needed to run a home smoothly. So if you ask me, I will advise all the ladies to go into a marriage like a complementing partner.

But honestly, some ladies are not there yet. They do not even have a clear path to follow. No wonder they get treated badly in marriage. Shame on the man who does that though, we must educate our women to stop future occurrence of this barbaric act.

I read a response on one of my articles titled, ”You must get married syndrome”. I wrote about the desperation to go into marriage. Here’s what a reader, Goodness Somtochukwu shared with me: ”Unfortunately, even some girls have adopted this mindset of getting married early even without a job or skill set.

”My 18-year-old friend was telling me the other day that once she’s done with school, she will get married. Time waits for no man. What will she be doing single?

”I was like really?
Like, she’s got no dreams to pursue.
She told me that what’s the need when she will marry a rich husband and will just have to give birth to kids and cook.

”Got me shocked.

”I always tell them that a man should be the icing on the cake for you and not the main cake. The same way some rush into marriage, that’s the same way they rush out.”

Any lady that goes into marriage with this type of mindset may never go far. It is really the wrong mindset anyone can have.

I made research from different homes. Couples who fight are mostly the ones who don’t have jobs. Being without a job makes them bitter and sad at everything. This tends to trigger their temper against any form of offence.

But for how long do we have to live like this? Marriage is meant to be enjoyed and not endured. A lady is supposed to be a helpmate and not a liability.

Therefore, dear single ladies, take your time to grow career-wise. Do not rush into any marriage. Be sure you have a clear path you want to follow. Develop a skill set that can enhance you while you are searching for a job.

A man should be the icing on the cake and not the cake itself.

Help Needed On Book Cover Designs

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Tekedia will be publishing short books covering many areas. The books will have dedicated pages on our site. If you have a short book, published or unpublished, provided you control the rights, we will be happy to publish same.To help on this project, as usual, we will need crowd-sourced cover designs.

Dr A.J. Ajengbe has sent us six short books. Now, we need creative people to help on cover designs. The book titles and the author preferred name are provided below. 

To thank you, you will have a one year free access to Tekedia exclusive sections with all the deeper insights therein. And you will attend my next webinar free! Send your designs to my team (on click).

  • #1. 
  • Title of book: Mastering the Concept of Perception: Reasons you are Esteemed or Disdained
  • Author: Dr A. J. Ajengbe
  • #2. 
  • Title of book: Covenant Pathway to Parental Blessing
  • Author: Dr A. J. Ajengbe
  • #3.
  • Title of Book: The Secret of Exploits
  • Author: Dr A. J. Ajengbe
  • #4.
  • Title of Book: The Price of Perseverance
  • Author: Dr A. J. Ajengbe
  • #5.
  • Title of Book: Ingredients of Success
  • Author: Dr A. J. Ajengbe
  • #6. 
  • Title of Book: Optimizing Yourself
  • Author: Dr A. J. Ajengbe

Deadline to Send Nov 11, 2019

Amy Blaschka – A Change Might Be All You Need To Move Your Life Forward

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”Transitions are tough.” Amy Blaschka

Change is constant and most times, painful. You had better fall in love with it because there is absolutely nothing you can do about it.

According to a Forbes Contributor and a Published Author, Amy Blaschka, she said: ”Most of us dislike change, particularly when it’s thrust upon us unexpectedly. But even when we know it’s coming, we dread at its arrival.”

I have never seen anyone growing in the comfort zone. Even animals do have to make a change when the time comes. Remember, when the going gets tough, only the tougher ones get  going. It is called a transition.

Amy Blaschka shared the lesson she learned from a good friend.

Recently, I recalled a conversation I had with a good friend of mine who, at the time, was preparing for her daughter to leave for college. My friend had been struggling for months with the idea of her only child going away to school until she made a simple but powerful mindset shift – ’It’s not a loss, it’s a change.’

”At that moment, it dawned on me that if my friend could come around from a place of sadness, anxiety, and worry to acceptance, then perhaps we could adopt her mindset for other transitions in life and career.” Amy Blaschka

Change does not necessarily have to be negative. Let’s take a look at the eagles who has the longest life span amongst the birds. An eagle has to replace its feathers when it gets to 40 years. If it wants to live for another 30 years, then the eagle must do the unthinkable.

That is, it must go to the top of a mountain for a rebirth. The eagle can only do this if it accepts that shedding its feathers is not a loss but a change that must occur to grow and live many more years.

But before it can shed off the feathers, it has to get rid of the old bent beak because the longer the eagle lives, the beak becomes bent and weak. At that point, the beak can not even pick up its prey to feed.

The breaking of the old beak for a new one is the hardest part of the change that must occur for the eagle. This is what makes it hard, the eagle has to fly to the top of a mountain and hit the old beak against a rock. If the eagle thinks about the pain, then it can decide to leave the old beak. Leaving the old beak means – the eagle will starve and eventually die.

But the eagle always chooses to lose the old beak and grow a new one. Meaning, it will continue to hit the beak against a rock until it falls off. Then the eagle waits on the mountain top for many days for the beak to grow.

When the beak grows, it uses it to pluck off all the old feathers. The old and heavy feathers that have always stopped it from soaring higher. Then the eagle becomes light and sharp. Goes hunting as always and lives for 30 years.

Here’s one lesson to learn from this – change is not meant to be easy, that is why it is called change. It is getting comfortable with the uncomfortable. It wasn’t convenient for the eagle to break the beak or pluck off its feathers, but the eagle must do it to live. The eagle endured 150 days of hardship to live for 30 years.

It doesn’t matter what situation you are going through, you can not help but accept that – it has happened. So, what do I do about it?

How you respond to the situation is what determines your growth.

”Reframing a situation as a change rather than a loss means that you accept that things will be different (and possibly even okay or better).

”The one thing we know is constant is change. And the only thing we can control is how we respond to it.

”So the next time you’re faced with a transition, remind yourself that “it’s not a loss, it’s a change.” Amy Blaschka

You need to shed off the burden that has always drawn you back. Let go of it!

It could be a change of career, business, home, partner, or even friends. Life is too short to live with regrets. Remember that the change may be just what’s needed to move your life forward. I wish you success in your endeavours.