[Innovation is about simplicity and elegance of solutions. Simple solutions stick & sustain. Lets challenge innovators to design simple solutions and not Rube Goldberg machines.]
[There’s no Sam’s Club, Ebay or Amazon Prime in Africa. Designing the distribution network with appropriate incentive structures is just as important as the design of a context-appropriate product.]
[Institutional investors generally don’t invest small amounts because they want to be more focused. Small investments are inefficient and signal limited growth potential. They would rather get a 2x return on $2 Million than a 5x return on $50,000.]
[A hockey stick sales projection, the holy grail of entrepreneurs, shows product sales magically rocketing up like the shaft of a hockey stick. Such ambitious forecasts rarely materialize and even very successful companies take much longer to achieve significant sales and profits.]