In the fast-paced world of startups, adaptability often determines whether a company thrives or folds. At the heart of this adaptability lies the concept of a pivot—a strategic shift designed to realign a business with market realities, customer needs, or unforeseen opportunities.
Far from being a retreat, a pivot is a bold decision to recalibrate,…
Starting a new business can be both exciting and daunting. One critical aspect of launching a successful startup is determining and optimising the business costs.
You can determine startup costs by listing all business expenses, researching and estimating costs for each expense, and adding it all up. Then, you can optimise these costs by focusing…
According to Pitchbook, almost 70% of startup investments fall short of their first valuation — highlighting the need for realistic expectations. After all, misaligned startup valuations can cost founders critical funding opportunities. So, what’s the way forward?
You can calculate your company’s worth by using the Market Multiples Approach, Discount Cash Flow Method, or the…
African startups often face numerous challenges that can hinder their growth and success, such as limited resources, lack of experience, and fierce competition. This is where a startup accelerator can become a game-changer. Accelerators provide structured programs, mentorship, and access to a network of investors and industry experts — all designed to propel early-stage companies…
In the fast-paced and ever-changing world of startups, company culture plays a crucial role in determining success. A startup's culture sets the foundation for the entire organisation — shaping how employees work, collaborate, and innovate. But what exactly is company culture, and why is it essential to build it?
Company culture refers to the shared…
Cash is king — especially when you’re a founder building in Africa. You need money to hire, scale and build a product that works. But exactly how much money is enough to have and spend as a business? In other words, how much of a burn rate is "perfect"?
There is no fixed “ideal” burn…
