FUTURE OF TECH STARTUP IN NIGERIA

Soft is the new hard

Before the emergence of the 21st century, industrialization was the mantra, today tech. is the mantra.

We are in the age of the knowledge economy and tech is the main driver. Some say China would one day become the world leading economy through industrialization and I say it will always play catch-up to the US, simply because it does the work created by US companies.

Innovation would trump hardwork anytime. Without innovation, there won't be the need for hardwork. Who's the richest man in China? Jack Ma....Alibaba.com what does he do? Help the guys with hard stuff through his soft platform thrive.

-----Nigeria Economy and Tech Startups
3 Reasons why Nigeria Economy would be driven by Tech Startups

1. Nigeria infrastructure is in comatose
2. Nigeria banks do not fund SMEs let alone tech startups
3. High level youth unemployment

-----Opportunities in Tech Startups and How to Exploit them.
Limitless, but let's look at 5 Key areas...........
1. Tech Education & Incubator
2. E-Commerce
3. Entertainment
4. Education
5. Finance

3 Steps on how to Exploit them......................
1. Create a business concept (Business Model)
2. Test your business model through bootstrapping
3. Scout for investor to scale the business

5. Essential Skills of Successful Tech Entrepreneurs..................................................
1. Critical, analytical, strategic and creative thinking skills
2. Excellent interpersonal, writing and presentation skills
3. Strategic planning and brutal execution skills
4. Strategic Marketing skills
5. Coding skills (Optional)

Zuck, Jack Dorsey, Brian Chesky, Travis Kalanick, Palmer Luckey, Evan Spiegel and Matt Salzberg through soft are billionaires faster than Warren Buffet or even Bill gates can imagine.

Why then should you follow the path of Aliko or Tony or Otedola when you can use the leverage tech provides to accelerate yourself to multibillions in a flash.

Close:
Soft is the new hard. Embrace soft!

Thank you!tent