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Weekly Newsletter
Top news & stories of the startup ecosystem from Nigeria
 

Weekly Wrap | 19th January / by  Deji Aroloye

 
 

The Big Story

 
 

Good day  , 

If you're not happy with what you've got, what radical changes are you willing to make to change what you're getting? That was the question asked by the marketing guru, Seth Godin, in one of his blog posts some years ago.

The challenges that come with running a business can be daunting. Sometimes, it is our personal lives that seem to be tearing apart. However, what we need to do is not to allow the situation overwhelms us, but embrace the necessary change and expect a turnaround.

Change, especially the one that offers growth opportunities, is hard. Individuals or businesses don't go through it smiling or without pain. That is why it is important we know how to drive radical change successfully.

Successful transformational change of any kind requires strategy. Every genuine change is a product of smart thinking and planning, and deliberate efforts and actions. Nobody can go from good to great by wishful thinking.

First, it is important to set clear aspirational goals for the change we want. Why and where does your company desire a change? Do you want a transformed organizational culture? Are you looking for ways to reduce costs or build capabilities? Maybe the ability to create new products has become a challenge. A clear mandate must be set or else everything becomes a futile effort.

Another thing, don't reduce change to a mere slogan. The ideas, energy, and involvement required to make it happen must be evident across the organisation. Words do not birth transformation without knowledge, commitment and hard work.

Change also occurs when there is a readiness to let go of the familiar. There is a story in the business world about how Xerox built the first Personal computer called Xerox Alto in 1973 but failed to push the invention into the market. Maybe, the photocopier company would have been bigger today than the likes of IBM, Microsoft, and Apple.

Remember that things don't change until people are willing to change!

Cheers,
Team StartupLagos

 
 

 Storiesof the week
Here are a few big news items from the Startup Scene

 

  • Why start-up entrepreneurs need to take data seriously in 2020
    Data is increasingly becoming an important tool for businesses. This article gives insight on how start-ups can leverage data in making smart decisions, understanding customers and markets, and other business processes. Read the piece here
  • Who is speaking on your behalf?
    Prosper Otemuyiwa, a Nigerian software developer, wrote an article on medium on the importance of networking and human connection. According to him, it’s great to be smart, hardworking, and world class in the work that one does, but opportunities can be missed if there are no people speaking on one’s behalf. Read the piece her
    e.
  • Alphabet joins $1 trillion club

    Alphabet, Google parent company, has joined the exclusive $1 trillion club on Wall Street. The shares of the tech giant soared last week and took the company's market value to $1 trillion. Read here.

 
 

Job & Opportunities 
Funding, Events, other opportunities 

 

  • Digital Lab Africa open for creatives

    Digital Lab Africa (DLA) has opened for artists, producers, designers, collectives, students or entrepreneurs that have innovative projects in one of these 5 areas including immersive realities, video game, music, animation and digital art. The programme is an initiative of initiative of the Embassy of France and the French Institute in South Africa (IFAS) in partnership with the Tshimologong Digital Innovation Precinct. Selected applicants will receive mentorship and training session and also participate in residency in France. You can apply here. Deadline is 1 March 2020.

  • USADF, All On opens US$100,000 Off-Grid Energy Challenge

    The US African Development Foundation (USADF) and All On is accepting applications for the 2020 Nigeria Off-Grid Energy Challenge.

    Successful applicants will be provided with up to Up to $50,000 per selected company will be provided in the form of convertible debt along with up to $50,000 of grant capital. The deadline for entries is February 29th, 2020. Click here for more information

  • Prizes for African entrepreneurs

    Ventureburn published a list of six prizes African tech entrepreneurs can apply for in the first quarters of the year. Read here.

  • Kingdom Hackhaton

    The Kingdom Hackathon is an annual innovation challenge focused on solving social problems through technology. The event brings together developers and other innovators who are mentored by subject matter experts to provide solution to some of the key global challenges captured in the United Nations SDGs. Click here for more information

 
 
 

Job Board

Product Manager , MKOBO
 

 
 
Best Regards
Team Startup Lagos
 
 
 

About Us

 

Startup Lagos is a grassroots network of entrepreneurs (Startups, SME’s ) working together to build an environment for entrepreneurship in Nigeria. brought to you by Prime Startups

We want to see more tech-enabled companies start and scale in Nigeria! Supporting entrepreneurs as they build and grow tech-enabled products & companies is at the heart of Startup Lagos

 
 

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Startup Lagos
 

 

Lagos, Nigeria 

 
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