Midweek Check-In: Just Build It!

Really though, what are you waiting for? 🤷🧐

Hui, Dear Innovator! 😎

‘Hui’ (pronounced: who-ee) is how the Hawaiians say hello…

aaaand we know this because Google Translate 👀 says so. You can’t compete with that!😌

(Reality check…. testing 1… 2…)

And you know what that means, right? 😊

IT’S RESET TIME!!

Soooo, how has the first part of the week been for you and your team?

Good?

Is it good-bad, in a ‘we just dey’ kind of way?

Or good-GOOD, cos you’ve been cooking up something 💯 great in your kitchen of innovation?

C’mon then, which is it?! 😍

[Violently wiggling toes in anticipation]

We really hope that it’s the latter 🥺🥺, ‘cos we are rooting for you like that.

Soooo if you care to share, drop a comment below to let us in on the deets. Know that there’s always an eager pair of eyes on this end that can’t wait to be a part of your experience.

Ok? Cool 🤝

Think up something 🤔, Build something 🔨

You know the saying that nothing is truly new and we’re all just adding our own twists to old ideas?

Today, we’re swinging Nike’s way by using their ‘Just Do It’ slogan with a twist. And we looove it because it’s simple, yet powerful—no need for extra explanation.

Just Build It!

Y’know, more than the lack of funding, scarce tech talent, or other challenges facing the ecosystem, some of the biggest obstacles that affect African tech innovators are the fear of failure and the unwillingness to be seen as unprepared. There's way too much focus on perfection over action, and the price we’re all paying for this is SLOW GROWTH 🤦🤦‍♂️

[Source: We no fit lie give you]

Since you’re here, and just so happen to be an Innovator 👀, let’s put this to the test, shall we?

Think of five of your favourite long-standing brands—just the names will do.

Got them? Good! 🤝

Now, think about their journeys over the years. How many of them still look exactly the same as when they started?

Don’t answer—just sit with that thought for a minute.

Now, the real question: would those brands have become the big names they are today if they’d waited to figure out everything before launching? 🤔 Would they even exist?

Stats show that over 70% of successful startups didn’t start with perfect products or business models. On top of that, 90% of failed startups have cited waiting too long to launch as one of their key mistakes. This is because companies that become successful learn and grow by doing, not waiting.

So, Dear Innovator, why do you think your solution/idea is so special that it needs to spend a century 🙄 on the drawing board before being shown to the world?

🎤🎤 Take the mic… we’re listening.

If this whole spiel can be built on a borrowed and rephrased slogan, that your two-year-old idea that has been collecting dust can definitely do better! 💪

There’s so much to learn while you’re executing, so JUST BUILD IT anyway and figure out the details along the way 😊

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Did you miss this?

1. Will gaming become a major niche in Nigeria’s tech ecosystem? 🤔

2. This or that…. It’s time to decide, Innovator

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Wouldn’t You Love to Represent Your Country? 😍😍

Well, now you can with Monirates!

Monirates is officially opening its call for country representatives and ambassadors across Northern, Western, Central, Eastern, and Southern Africa.

Yay!!! 🌟

Ngl, members of the Consonance Community of Innovators are the real deal! 😍

Monirates has simplified and streamlined the process of moving, sending, and receiving money across Africa and beyond and now, they’re bringing this golden opportunity to you.

If you’d like to be part of this Afro-centered financial revolution, click the link to get started!

Note: Spots in Nigeria, Ghana and Kenya are filled up

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Bloomberg Is Looking for Africa’s Most Innovative Startups

News flash!

Bloomberg is on the hunt for the coolest ideas, the most diverse founders, and groundbreaking solutions from across the continent.

If your startup is privately held, solving Africa’s biggest problems, and has caught the eye of investors and customers, they want to hear from you! 📢

Apply on or before November. 8, 2024, and showcase what makes your product stand out. They'll feature the top startups on Bloomberg TV and more in early 2025!

Don’t miss out! ✨

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Be back on Saturday!

Why?

We have all the deets on what it takes to scale a tech company. If you’re tired of playing small games, you know 😌 where the party will be!

Bye till then 👋👋👋

Tech News 🌍️ Just For You:

1. African tech startups raised $306.3 million in funding last quarter and it’s 40% down, compared to the same period in 2023

2. GrabrFi has something for freelancers in Nigeria

3. South African shipping platform, TUNL, has raised an undisclosed amount in seed funding

4. AI will transform the country into an economic powerhouse, according to Nigeria’s tech minister

5. NCC and Starlink in a back and forth