How To Succeed As An Entrepreneur In Africa

The African business environment provides many opportunities and challenges. Success depends on the ability to quickly see the opportunities and the courage to face the challenges. Successful African entrepreneurs are best described as "doers" rather than "dreamers". They are action-oriented people who look far ahead into the future, and treat mistakes and failures as temporary setbacks on the way to accomplishing their goals. Above all, they are disciplined when it comes to the use of money. These are some of the insights you can get by reading this book. You will also know how to do the following: -Make profits for a purpose -Grow your business -Design a winning strategy -Manage efficiently and effectively -Find trustworthy business partners -Motivate your workers -Communicate with maturity and appreciation -Engage in fast learning -Improve the management of your finances With these tools at your disposal, you are certain to join the small but growing group of very successful African business owners. __________________________________________ John Kuada is Emeritus Professor of International Management at Aalborg University, Denmark. He holds two doctorate degrees - PhD from Copenhagen Business School in Business Economics, and Dr Merc from Aalborg University in International Business. He has extensive experience as business consultant and training advisor in areas of management, marketing and cross-border inter-firm relations in many European and African countries. He is author and/or editor of 25 books on management. He has also written over 100 articles in scholarly and professional journals on a wide range of international business issues including entrepreneurship, international marketing, intercultural management, leadership and strategy. Madei Mangori has over 36 years of experience as an organizational and management development expert in Southern Africa mainly based in Gaborone Botswana. He turned academic in 2015 after obtaining a PhD in Business Management from Aldersgate College in the Philippines. He has published a book and co-authored another. All are available on Amazon. He is a founding member of Mentoring African Research Network (www.resanet.org). He is also the co-ordinator for business and contextual ministry and is currently leading the team working for the accreditation of Botswana Bible Training Institute into a multi-disciplinary tertiary institution operating in four countries in Southern Africa.

African Entrepreneurs: 50 Success Stories is a celebration of notable achievements of select Africans and how they have managed to excel in their chosen fields despite all odds. Each profile showcases the entrepreneur and their area of endeavor, including an exclusive interview in a question-and-answer format. Whether you are young or old, already in business or aspiring to get your feet wet, African Entrepreneurs: 50 Success Stories will encourage you. Although this book focuses on African business leaders, you will find that the core-ingredients of successful entrepreneurs are universal. You will be inspired, enthralled and above all motivated by how these savvy men and women overcame their personal challenges to get to where they are now. While some people are natural entrepreneurs, anyone can pursue entrepreneurship successfully if they put in what it takes. If you have a goal, you have to go for it - don’t wait for success to come to you.

Who are the entrepreneurs who have achieved success, wealth, and recognition in their African homelands, and how did they do it? Entrepreneur Dave Fick interviewed several hundred women and men who were willing to assume risks, often spectacular ones, for personal economic gain—but who did it legally, ethically, and who are now giving back to their nations and societies at least as much as they received. They speak openly of their hardships and failures, what they did right and what they did wrong, and their accounts are remarkable. We gain insight into the way business must be done under harsh political and economic circumstances, but we also learn unusual techniques and strategies that others in more favorable milieus can use to accomplish similar feats. With commentaries from notable scholars and other businesspeople and with Fick's own first-hand onsite observations, the book is a self-educating colloquium, a collection of personal meetings, accounts, letters, emails and telephone calls between Fick, his counterparts in Africa, and others around the world. It is also an attempt to encourage a dialogue that will accelerate the exchange and spread of knowledge and ideas, and a way to help the people of Africa build a peaceful and better society for themselves and the world.

The Definitive Guide to Doing Business in Africa For global and Africa-based companies looking to access new growth markets, Africa offers exciting opportunities to build large, profitable businesses. Its population is young, fast-growing, and increasingly urbanized--while rapid technology adoption makes the continent a fertile arena for innovation. But Africa's business environment remains poorly understood; it's known to many executives in the West only by its reputation for complexity, conflict, and corruption. Africa's Business Revolution provides the inside story on business in Africa and its future growth prospects and helps executives understand and seize the opportunities for building profitable, sustainable enterprises. From senior leaders in McKinsey's African offices and a leading executive on the continent, this book draws on in-depth proprietary research by the McKinsey Global Institute as well as McKinsey's extensive experience advising corporate and government leaders across Africa. Brimming with company case studies and exclusive interviews with some of Africa's most prominent executives, this book comes to life with the vibrant stories of those who have navigated the many twists and turns on the road to building successful businesses on the continent. Combining an unrivalled fact base with expert advice on shaping and executing an Africa growth strategy, this book is required reading for global business executives looking to expand their existing operations in Africa--and for those seeking a road map to access this vast, untapped market for the first time.

This volume offers an overview of the critical challenges faced by aspiring African entrepreneurs and their coping strategies to sustain and develop their businesses. Contributors to this volume detail the constraints placed on African entrepreneurs through rich case studies and challenge African leaders and international donors to review their own behaviors if they hope for African entrepreneurs to succeed.

I really hope that this book inspires many more people to use their entrepreneurial energy to change the world through creating opportunities for others.'

Mastering the Mysteries of Business is an inspiring business guide for Young Entrepreneurs striving in their little or great way to succeed and create an indelible mark in the world through their enterprises and endeavors. It contains a total of 101 Powerful Business Secrets and Lessons as taught and shared by a world-class business magnate and mentor, who have had records of groundbreaking business, philanthropic and leadership achievements and awards through his tough journey (as he would describe it), to the top. Dr. Strive Masiyiwa is a firm believer that the massive array of talents embedded in the African continent could be harnessed to create the needed change in the world through shared-economy model entrepreneurship. This book has been highly followed and recommended by the big players of the business world as it is a careful compilation of Dr. Strive Masiyiwa's teachings and experiences in business to help entrepreneurs and business leaders excel in their enterprises.

This book outlines the unique challenges and opportunities of doing business in Africa, analysing how varying degrees of development across its countries affects entrepreneurship. Taking into account historical and cultural contexts, the authors approach the topic by evaluating the different possibilities of business opportunity in Africa. Insightful contributions explore an extensive range of African countries, discussing both formal and informal entrepreneurship, as well as the different factors that influence the growing economy of Africa. African Entrepreneurship will be of interest to anyone researching the potential of doing business in Africa, as well as entrepreneurs and policy-makers looking to expand their knowledge on how businesses are managed in this region.