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Home Blog Page 6962

Walmart Brands Chewing Stick As “Organic Toothbrush” Selling A Box $15

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To be a successful businessperson, you do not need to be as mathematical as Chike Obi or grammatical as Wole Soyinka. All you need is awareness and observation on market frictions, finding solutions to them, and rapping up in a matching story. If you can get those three in sync, you will experience glory.

Three things, as I explained here, and in a Harvard Business Review piece:

  • In the age of slow dot matrix printing, HP named its printer LaserJet. It became a category-king.
  • When AMD was challenging Intel on microprocessors because all processors were hidden inside computer casings, Intel unveiled Intel Inside, stimulating the interests of the public to specifically ask for computers powered by Intel. Intel took over to the cleaners.
  • Microsoft is legendary for Windows. But the biggest innovation was not the necessarily the technology but the pricing model.

Simply, besides technology, there are many other things (“latent forces”) which are required in other to win in markets.

So, today, we have the largest retail chain in the world, Walmart, selling what most have discarded in villages across Africa, as a premium product in America. Yes, chewing stick is organic with no chemicals, and a box goes for $15 in America. I can tell you that organic products in U.S. are typically expensive. Next time, ask that auntie to send you organic toothbrush from U.S.: you will get your logo’d chewing stick!

Beyond Technology In African Startups, “Latent Factors” For Success

Besides Amazon and Alibaba, Nigerian Politics Deploys Double Play Strategy

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It is a strategy for federal contractors and jobbers of oh-yes-men: double play.

Question: Who do you support as INEC collates results to declare winners?

Contractor: The currently active winning candidate.

Question: Who exactly? Can you name?

Contractor: The guy that is winning at the moment.

People, are you the watching the TVs? These political catch-me-if-you-can are playing Double Play, making sure no matter what happens, they will remain relevant at the corridors of power. Yes, you can be a spokesman for a candidate while technically a member of the candidate’s main opposition party! Yes, besides Amazon and Alibaba, I have seen another example of Double Play strategy: Nigeria politics.

I explained in the duality element that digital products which thrive are typically both products and platforms. It would be hopeless to build modern digital products without having a moat through platforms. Interestingly, the greatest digital ICT utilities have double plays in their business models: if Amazon decimates many brick-and-mortar stores, it would welcome many online to sell them cloud services. Alibaba welcomes you to its marketplace platforms, and you certainly have signed up for its (partly affiliated) payment processing solutions (Alipay) which command commissions.

Double Play Business Models of Amazon and Alibaba

Three HUGE Election Results in Nigeria

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Three results to believe in Nigeria because from today our political system will never be the same. Yes, INEC and politicians have works to do but the Nigerian People delivered beyond any imagination.

Vice President Osinbajo lost APC to PDP on president, senate and House of Representatives in his polling unit.

The Peoples Democratic Party (PDP) has won the election for all positions at the polling unit of the vice president, Yemi Osinbajo.

The PDP won in the two voting points of the Polling Unit 033.

For the presidential election, the PDP polled 425 votes while the APC had 229.

For the senatorial election, the PDP had 414 votes while the APC had 261.

For the House of Representatives election, the PDP had 268 while the APC had 190 votes.

Former Vice President Atiku (running as president on PDP platform) lost his polling unit to his main opposition party, APC.

President Buhari lost at his place of work (Aso Villa polling units) to his main opposition party, PDP.

Simply, Nigerians – neighbors, families, workers etc – are now taking the future of their nation seriously. No more herding and the powers of gatekeepers seem to be weakening. Please do not tell me that it does not matter – it does.  That Prof Osinbajo lost in his polling unit? That former VP Atiku lost in his? That President Buhari could not convince his workers and environs? Those are key results!

Please give credits to Whatsapp, Facebook and mobile internet where people can get details about these politicians and their works, unfiltered. No more information asymmetry where only the gatekeepers can shape a village voting pattern. Now, with Facebook, everyone has access to the same information, helping to drive this unprecedented independence in the voting booths. Let this independence continues despite any paralysis from INEC! Yes, more independence on voting, people – this is an inflectxion point in Nigerian politics!

Comment on LinkedIn Feed

COMMENT: These loses speak volume Prof. I’m yet to fully verify that of Atiku losing in his polling unit cos reports have it that it’s false. We shall see. But others are confirmed!!. If these results are anything to go by, it’s imperative that the messiah is not anywhere near sight. ‘A man that cannot lead his own home is an infidel’ , after all ‘ Charity they say,

MY RESPONSE: Atiku result is confirmed. Click my piece, his aides did confirm but flipped it: yes, Buhari won but did not get as much votes as in 2015! Go figure! Though Moghalu was never in it – his own lost in his polling unit in Anambra was something else. Simply, neighbors did not care: time for me to choose who can deliver better future for me and my family. He/she does not have to come from this village or city. That is the message Nigerians should preach.

No matter what happens, I see that as a huge shift in our political evolution as a nation.  I will be speaking next week in Lagos on the implication of this election. My thesis is that if we keep this trajectory, governance will improve. And if INEC steps out, Nigeria will advance faster because only results will win elections in future. Disintermediation in the political system by unbundling information asymmetry is on.

People, Nigeria Is Making Progress – Election Results Show Emerging Independent Voters

People, Nigeria Is Making Progress – Election Results Show Emerging Independent Voters

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Good Morning Nigeria, we made it. In the deepest of the night, right into the valleys of tension which enveloped this nation on Friday night, we made it. Saturday came, we did the election, and it is now past. Today is Sunday – the day of resurrection – and we still have a nation.

For Nigeria to reach the mountaintop, or depart from the solid bounds of this earth into a promised future, deep into the planetary ecclesiastical domain of abundance, your VOTE is a critical fuel for that economic spaceship.

I want to thank all of you for the decency, honor and values. This election has reinforced my optimistic exuberance on the character, resilience and spirit of the Nigerian people. I never believed that a major presidential candidate will lose in his polling unit. I never thought that an incumbent vice president will lose in his polling unit. I had never imagined that a former president who has vigorously campaigned for a major presidential candidate will lose the party in his polling unit. And the BIGGEST – I never conceived in my imagination that a challenger will defeat an incumbent president in the seat of power’s polling unit.

People, Nigeria is making progress. You may think it is still the miry clay but I tell you that the green pastures are emerging. Citizens are making decisions, on themselves, by themselves, for themselves, and that is beautiful. Yes, even a president cannot count on people that work for him. And a major candidate cannot take for granted his own fellow community members. That is democracy – independence of the voting minds for the collective pursuit of excellence in governance.

As I go through the results – I smile. Apolitical, neutral and unbiased, I can see citizens that are becoming truly independent inside the polling booths. This is amazing – congratulations, my fellow citizens.

Yet – the election itself was poorly organized. I cannot say it was free and fair. But that was on the politicians and the electoral umpire. But for the citizens, it was progress of the voting minds.

LIVE UPDATE- Nigeria 2019 General Election Results – President, Senate, House of Representatives

Get This Book FREE When You Join My Webinar; Forget The Unauthorized Ones Sold in Bookstores

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Free for all Mini-MBA edition 2 participants

My book – Africa’s Sankofa Innovation – can be found in some Ghanaian bookstores. (Sankofa is a word from a Ghanaian language.) The problem, though, is that the copies are not authorized by yours truly. Possibly, the person bought a copy from Amazon and ran to the printing press. Nothing new here; respecting IP rights remain one of our challenges, from software to books.

But the piracy has brought some good comments. People bought and then wrote me. Read this one – “Oh you Authored that great book” (LinkedIn) Amazon is not really working well in Africa when it comes to physical books at the moment due to the shipping challenges.

For a limited time, we are giving full access to the eBook on Tekedia, my blog, if you join my webinar. The fee is fair (I demand that for people to respect my time) at $15 or N5,000.

REGISTER here .

Sample of Certificate for Participants

Join Ndubuisi Ekekwe for Tekedia Business Innovation Webinar