Monday, 5 September 2016

Lessons from Mark Zuckerberg's visit to Nigeria

Facebook’s CEO, Mark Zuckerberg recent surprise visit to Nigeria generated lot of buzz within and outside the country. Aside from the media attention and socialization, here are three business lessons:

It's time to build infrastructural facilities in Nigeria
Investors are like ants they know where the sugar is. You don't need to waste tax payers money looking for foreign investors. They will come when they see the opportunities.

Focus on the ecosystem
Real businessmen know their ecosystem so they focus on the ecosystem and not government. Any investor that goes straight to the government house is simply looking for contracts.

Learn new things to give you competitive edge 
Entrepreneurs build economies. Nollywood was not created by government and neither is the growing technology ecosystem a creation of government.  The change that we desire is not going to come from government, but from entrepreneurs. It is time for entrepreneurial revolution.

No comments:

Post a Comment