Failing to win: hard-earned lessons from a purpose-driven African startup
"In 2009, Canadian entrepreneur Mike Quinn packed his backpack and moved to Lusaka, Zambia on a mission to find African entrepreneurs building scalable, high-impact businesses. There he stumbled across two South African brothers who had founded a business to help unbanked smallholder farmers re...
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Kenilworth, South Africa
Mercury, an imprint of Burnet Media
2021
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Schlagworte: | |
Zusammenfassung: | "In 2009, Canadian entrepreneur Mike Quinn packed his backpack and moved to Lusaka, Zambia on a mission to find African entrepreneurs building scalable, high-impact businesses. There he stumbled across two South African brothers who had founded a business to help unbanked smallholder farmers receive mobile payments in a market where cash was king. After convincing his retired parents to mortgage their house and lend him $100,000, Mike joined as a co-founder of Zoona and became CEO for nine of the next ten years. With his partners, Mike built a network of more than 3,000 entrepreneur agents across Zambia and Malawi that enabled millions of unbanked consumers to send and receive $2.5-billion in money transfers and remittances. Headquartered in Cape Town, Zoona raised over $35-million of venture investment and operated on the leading edge of Africa's emerging fintech ecosystem. Mike's remarkable story gives a rare and honest glimpse into the workings of a pioneering African startup through the lens of a purpose-driven entrepreneur who went "all in". Zoona faced tremendous adversity along the way: currency crises, investment round collapses, ruthless pushback from the major mobile network operators, and a continuous internal struggle to discover and execute a growth strategy that matched the company's billion-dollar ambition. It was by failing to win that Mike learned what entrepreneurship - specifically entrepreneurship in Africa - is all about, and it was what motivated him to double down and try again. |
Beschreibung: | Originally published in paperback in South Africa in 2021 |
Beschreibung: | 285 Seiten Illustrationen 23 cm |
ISBN: | 9781990956317 9798480379570 |
Internformat
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020 | |a 9798480379570 |c Hardcover |9 9798480379570 | ||
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505 | 8 | |a Origins -- A cashless Africa -- Failing to become a team -- Failing to manage a board -- Failing to focus -- Failing to design culture -- Failing to expand -- Failing to lead the market -- Failing to lead the market -- Failing to close the investment -- Failing to exit -- Embracing and learning from failures | |
520 | |a "In 2009, Canadian entrepreneur Mike Quinn packed his backpack and moved to Lusaka, Zambia on a mission to find African entrepreneurs building scalable, high-impact businesses. There he stumbled across two South African brothers who had founded a business to help unbanked smallholder farmers receive mobile payments in a market where cash was king. After convincing his retired parents to mortgage their house and lend him $100,000, Mike joined as a co-founder of Zoona and became CEO for nine of the next ten years. With his partners, Mike built a network of more than 3,000 entrepreneur agents across Zambia and Malawi that enabled millions of unbanked consumers to send and receive $2.5-billion in money transfers and remittances. Headquartered in Cape Town, Zoona raised over $35-million of venture investment and operated on the leading edge of Africa's emerging fintech ecosystem. Mike's remarkable story gives a rare and honest glimpse into the workings of a pioneering African startup through the lens of a purpose-driven entrepreneur who went "all in". Zoona faced tremendous adversity along the way: currency crises, investment round collapses, ruthless pushback from the major mobile network operators, and a continuous internal struggle to discover and execute a growth strategy that matched the company's billion-dollar ambition. It was by failing to win that Mike learned what entrepreneurship - specifically entrepreneurship in Africa - is all about, and it was what motivated him to double down and try again. | ||
650 | 4 | |a New business enterprises / Zambia / Finance | |
650 | 4 | |a Entrepreneurship / Zambia | |
650 | 4 | |a Venture capital / Zambia | |
650 | 4 | |a Success in business | |
650 | 4 | |a Business planning | |
650 | 7 | |a Business planning |2 fast | |
650 | 7 | |a Entrepreneurship |2 fast | |
650 | 7 | |a New business enterprises / Finance |2 fast | |
650 | 7 | |a Success in business |2 fast | |
650 | 7 | |a Venture capital |2 fast | |
651 | 7 | |a Zambia |2 fast | |
999 | |a oai:aleph.bib-bvb.de:BVB01-033092443 |
Datensatz im Suchindex
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author | Quinn, Mike |
author_facet | Quinn, Mike |
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author_sort | Quinn, Mike |
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building | Verbundindex |
bvnumber | BV047708621 |
contents | Origins -- A cashless Africa -- Failing to become a team -- Failing to manage a board -- Failing to focus -- Failing to design culture -- Failing to expand -- Failing to lead the market -- Failing to lead the market -- Failing to close the investment -- Failing to exit -- Embracing and learning from failures |
ctrlnum | (DE-599)BVBBV047708621 |
format | Book |
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illustrated | Illustrated |
index_date | 2024-07-03T18:59:56Z |
indexdate | 2024-07-10T09:19:45Z |
institution | BVB |
isbn | 9781990956317 9798480379570 |
language | English |
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physical | 285 Seiten Illustrationen 23 cm |
publishDate | 2021 |
publishDateSearch | 2021 |
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publisher | Mercury, an imprint of Burnet Media |
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spelling | Quinn, Mike Verfasser aut Failing to win hard-earned lessons from a purpose-driven African startup Mike Quinn Kenilworth, South Africa Mercury, an imprint of Burnet Media 2021 285 Seiten Illustrationen 23 cm txt rdacontent n rdamedia nc rdacarrier Originally published in paperback in South Africa in 2021 Origins -- A cashless Africa -- Failing to become a team -- Failing to manage a board -- Failing to focus -- Failing to design culture -- Failing to expand -- Failing to lead the market -- Failing to lead the market -- Failing to close the investment -- Failing to exit -- Embracing and learning from failures "In 2009, Canadian entrepreneur Mike Quinn packed his backpack and moved to Lusaka, Zambia on a mission to find African entrepreneurs building scalable, high-impact businesses. There he stumbled across two South African brothers who had founded a business to help unbanked smallholder farmers receive mobile payments in a market where cash was king. After convincing his retired parents to mortgage their house and lend him $100,000, Mike joined as a co-founder of Zoona and became CEO for nine of the next ten years. With his partners, Mike built a network of more than 3,000 entrepreneur agents across Zambia and Malawi that enabled millions of unbanked consumers to send and receive $2.5-billion in money transfers and remittances. Headquartered in Cape Town, Zoona raised over $35-million of venture investment and operated on the leading edge of Africa's emerging fintech ecosystem. Mike's remarkable story gives a rare and honest glimpse into the workings of a pioneering African startup through the lens of a purpose-driven entrepreneur who went "all in". Zoona faced tremendous adversity along the way: currency crises, investment round collapses, ruthless pushback from the major mobile network operators, and a continuous internal struggle to discover and execute a growth strategy that matched the company's billion-dollar ambition. It was by failing to win that Mike learned what entrepreneurship - specifically entrepreneurship in Africa - is all about, and it was what motivated him to double down and try again. New business enterprises / Zambia / Finance Entrepreneurship / Zambia Venture capital / Zambia Success in business Business planning Business planning fast Entrepreneurship fast New business enterprises / Finance fast Success in business fast Venture capital fast Zambia fast |
spellingShingle | Quinn, Mike Failing to win hard-earned lessons from a purpose-driven African startup Origins -- A cashless Africa -- Failing to become a team -- Failing to manage a board -- Failing to focus -- Failing to design culture -- Failing to expand -- Failing to lead the market -- Failing to lead the market -- Failing to close the investment -- Failing to exit -- Embracing and learning from failures New business enterprises / Zambia / Finance Entrepreneurship / Zambia Venture capital / Zambia Success in business Business planning Business planning fast Entrepreneurship fast New business enterprises / Finance fast Success in business fast Venture capital fast |
title | Failing to win hard-earned lessons from a purpose-driven African startup |
title_auth | Failing to win hard-earned lessons from a purpose-driven African startup |
title_exact_search | Failing to win hard-earned lessons from a purpose-driven African startup |
title_exact_search_txtP | Failing to win hard-earned lessons from a purpose-driven African startup |
title_full | Failing to win hard-earned lessons from a purpose-driven African startup Mike Quinn |
title_fullStr | Failing to win hard-earned lessons from a purpose-driven African startup Mike Quinn |
title_full_unstemmed | Failing to win hard-earned lessons from a purpose-driven African startup Mike Quinn |
title_short | Failing to win |
title_sort | failing to win hard earned lessons from a purpose driven african startup |
title_sub | hard-earned lessons from a purpose-driven African startup |
topic | New business enterprises / Zambia / Finance Entrepreneurship / Zambia Venture capital / Zambia Success in business Business planning Business planning fast Entrepreneurship fast New business enterprises / Finance fast Success in business fast Venture capital fast |
topic_facet | New business enterprises / Zambia / Finance Entrepreneurship / Zambia Venture capital / Zambia Success in business Business planning Entrepreneurship New business enterprises / Finance Venture capital Zambia |
work_keys_str_mv | AT quinnmike failingtowinhardearnedlessonsfromapurposedrivenafricanstartup |