Join me tomorrow at Tekedia Live as we discuss first-scaler advantages and how to optimize uncertainty, speed and growth in young companies. The world focuses on first-mover advantages (the first to market largely wins); I dwell on first-scaler advantages because the stable state sector-winners are not just those who pioneer sectors, but rather those who scale first, improving marginal costs and unit economics on the way.
The greatest reward in digital businesses is attaining near-zero marginal cost where marginal cost over time in the finite time becomes asymptotic. In Further mathematics in secondary school, in the Series section, you can say that let x be a continuous variable tending to a limit. If you have a real function f (x), and positive function g(x), you can have an asymptotic equivalence if f/q ? 1 as the limit is taken (you can also use Landau symbols and express all with infinity over a discrete space).
Good People, I will not bring any calculus tomorrow. But note this, the best pricing models in Lagos in logistics startups deploy a lot of calculus. Distribution cost, a key component of marginal cost, remains extremely unbounded where you have no postal service, and that means you have to use calculus to determine certain things using your operating variables. Mathematics graduates are hired to build those pricing systems.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
Tekedia Mini-MBA >> come for a mindset. Registration for the June edition continues here
---
Register for Tekedia Mini-MBA (Jun 3 - Sep 2, 2024), and join Prof Ndubuisi Ekekwe and our global faculty; click here.