#Update on franchising (Part 2).

#Update on franchising (Part 2).

__Vaya! Let’s go! 

As entrepreneurs, there is no point in discussing an idea unless we are prepared to put it into practice. Real entrepreneurs are practical! We learn to DO!!

Remember when I started talking about “the digital shared economy” model and my excitement about the “Uber model”? You should have known that I was working on something. Now we have our own business called Vaya Mobility and Logistics!

We are already scaling it in two markets: Zimbabwe and Nigeria!

(Remember what I said about “execution”? Always start in one or two markets, otherwise you create execution risk).

As our ever-astute brother on this platform, Ibrahim Wasiu, rightly noted, these “Shared Economy Digital Models” are really an “upgrade of an old concept—franchising”. I called it “Franchising 2.0”!

As we built Vaya, we realized that our drivers of both transport and delivery services are really “franchisees”. It is the same with our Mobile Money Agents for EcoCash.

What Uber (and now we) realized was that you can partner with owners of vehicles, who will use their own assets (in this case, cars) to provide the service.

Uber has almost 4m cars on its platform. The cost of so many cars would be over $60bn if Uber had to buy them! This would obviously been totally prohibitive for any #StartUp.

Vaya now has 20,000 vehicles (after 6 months). That would have cost us over $300m just to purchase vehicles… This would have been totally prohibitive for us, too!

By using this simple concept, we have been able to develop a viable business model at a fraction of the cost, and provide an affordable and needed service to our customers. If you want to find out more, go to https://www.vayaafrica.com/ and download the app. They’ll be adding some of our new services soonest but take a look! Let’s go!

Franchising can be used in many different types of industries. We are currently developing a very interesting franchise model for Waste Collection!

# We have already recruited 10x private contractors (franchisees) and we have assigned them each an area of the city of Harare (franchise area).

# Now we have begun to equip them with resources to collect waste from homes and businesses.

# In this model, we provide each franchisee with access to vehicles (using the Vaya Truck platform).

# We are using our #process# to ramp up these small companies so that they can handle 1m homes within three months, something they could not do on their own!

Watch this space!

__We call this initiative: “Clean City Africa!”

Imagine if we could scale this to cities like Lagos and Kinshasa!

Who knows… maybe you will be one of our franchisees!

My question for you: Can you ReImagine your business (model) today, as either a franchisor or franchisee?

I want to hear from you. Let’s get practical!

# What problem do you see?

# What solution are you imagining?

# Now what are you DOING about it?

“A year ago you will wish you had started today!”

To be continued. . .

 

 

Author:Strive Masiyiwa

Strive Masiyiwa is the founder and Executive Chairman of the Econet Group. He serves on several international boards including Unilever, and the Global Advisory boards of the Council on Foreign Relations and Stanford University. A board member of the Rockefeller Foundation for 15 years, he also serves as Chairman of the Alliance for a Green Revolution in Africa (AGRA). He is a co-founder of the Carbon War Room, Pathways for Prosperity, and the Global Business Coalition on Education. He and his wife, Tsitsi, co-founded the Higherlife Foundation and are signators of the Giving Pledge.

35 Replies to “#Update on franchising (Part 2).”

  1. Afterthought 1.

    “How does a project get to be a year late? One day at a time.” Frederick P. Brooks (American computer scientist who won many awards. Look him up).

    How does a business idea get launched by someone else before you yourself do it? One delay at a time…

    Get going! Let’s go!

  2. Afterthought 2.

    The idea of “franchising” is not new. It’s thought to have started with the inventor Benjamin Franklin almost 300 years ago in Charlestown, South Carolina. Do you know what his first franchise idea was? Then there was Isaac Singer who used a franchise model to distribute his Singer sewing machines.

    Multi-billion dollar franchise business models didn’t all start out with Mr Kroc’s hamburger stand! Maybe you will come up with the next one.

  3. Afterthought 4.

    “The greatest threat to our planet is the belief that someone else will save it.” Robert Swan, the first person to walk to both the North and South poles. Look him up, too…

    Can you think of franchise models that could be launched and scaled, eventually globally, with products or services that help protect the planet for future generations?

  4. Afterthought 5.

    #A matter of economics: If I send you to invest USD $10m in a country with a currency that is devaluing at the rate of 50% per annum, how much profit do you need to make to give me my money back in five years?

  5. #Reflection:

    How the vision of Clean City was born:

    When Cholera broke out in a Zimbabwean township called Budiriro, the experts told the CEO of Econet Zimbabwe, that one of the reasons was poor sanitation. He then decided to organize a clean up of the area:
    He recruited 200 young people, and paid them allowances for several months. When he had cleaned up, he wanted a more sustainable solution, that also kept the young people permanently employed. So he designed a franchise system, and invited in a plastic recycling plant. Today they have a thriving little business.
    We actually used them to clean up the environmental mess created by the cyclone.

    When the city of Harare said they would no longer collect refuse, he moved swiftly!
    He called in all the small companies that collect waste, and scaled them using Econet #Process:
    It took 24 hours for Vaya Truck to provide 100 trucks, from our partners.
    Over 500 new jobs were created within 24 hours. It will be 3000 within a month.
    The service began this week, and is free for the next two weeks, to allow systems to settle down. Service will then be available through an icon on the Vaya Africa App, called Clean City.

  6. #Pause:

    “If you want to be an entrepreneur, identify a human need and reach out to solve it in a sustainable way.”

    #Vaya Ambulance:
    We wanted to make it easier to find an ambulance;
    #Vaya Clean City:
    If we don’t collect waste our cities will harbor disease;
    Plastics are damaging our rivers and oceans;
    #Vaya Water Drilling:
    During the cyclone we could not find enough drilling rigs.

    #Vaya Air Service: we were shocked to find there are 19 registered helicopters in the country, but we could not find most of them in the cyclone crisis. Now we want you to be able to charter a plane or helicopter in 10 minutes!

    #Vaya Van Delivery:
    We have 50,000 EcoCash agents, who are small businesses. Now we are helping them to deliver goods to their small shops without hassles. We ensure the prices are fair!

    #Vaya Tractor:
    I said I want to assign the hoe to a museum!
    Problem solved!
    Vaya Tractor!
    We have over 2000 tractors, and we plan to increase them to 10,000 soon!

    What is that problem you are complaining about?
    Try and @entrepreneurIt!

  7. #Pause:
    The business of Vaya is to transport people and goods.
    We have not gone into Waste Management, but we are supporting those businesses that do Waste Management by giving them access to our logistics, and payment platform. This allows them to grow rapidly and cover more customers.
    The 10x partners companies we have selected will be given access to equipment, and transport. We will also give them training, and equally important working capital loans [through our bank]:
    These guys are going to be very big, if the remain discipled. Some of them might even list on the stock exchange one day!

  8. #Vaya Hopper!

    “If you want to succeed as an entrepreneur, identify a human need, and reach out to solve it in a sustainable way”!

    Zimbabwe has an acute problem of fuel [petrol for cars]:
    EntrepreneurIt:
    Our team has created a Vaya transport service which uses a Three Wheeler Electric vehicle:
    It will have a 3km radius around the CBD.
    We are currently waiting for the delivery of the first 100 electric vehicles. They will be recharged at solar powered charging stations, by Vaya’s sister company, dpa Africa.

    Welcome Vaya Hopper!

    What is that problem you are seeing?
    Use it to make money for yourself!
    We call that @Entrepreneurship Lol!

  9. #Pause:
    When I started my business in 1986, the biggest challenge I faced was transport:
    I needed vehicles to transport people and materials. I had to borrow a lot of money just to buy vehicles.
    Just imagine what I could have done if there had been a Vaya Mobility And Logistics [VML] at the time?

    Fast Forward:
    Can you imagine the empowerment that VML is making to today’s entrepreneurs?
    It takes them a few minutes to order a vehicle of any type or size including tractors. There is no haggling for price or payment because we have already done that for you!
    Smart entrepreneurs are now going to use VML to develop new businesses that I never even imagined. I hope you are one of them.

  10. #Reflection:

    Cyclone Idai helped us to develop several powerful business ideas!

    Disasters, and other crisis can be used to also test new ideas by entrepreneurs. Some of the biggest companies in UK, US, Germany and Japan, emerged as a result of the Great War [2nd]!

    In our own small way we used Cyclone Idai to fast track many ideas that we had been developing. Here are some examples [not all because others are still secret]:

    #1. Vaya Truck:
    We expanded our ride hailing platform to help us secure Trucks to transport materials for ourselves and the donors. We did not charge anyone, but we were able to provide a service, and to speed up the development process!

    #2. Vaya Water Drilling:
    We decided to add this as a result of the challenges we faced in getting clean water to affected communities.
    Watch this space!

    #3. Clean City:
    We deployed almost 1000 young people to collect all the debris, and remove trees that had been uprooted.
    The leadership team came from the Cholera Zone Initiative.

    #4. Cumi Drones:
    The team from Cumi worked in the area identifying people looking to be rescued, when we could not use helicopters.

    #5. Vaya Tractor:
    They are still there as the community transporter for things like relief and water. We actually bought 15x new tractors, when we could not get enough tractors. They will remain in the area to do Winter Ploughing!

    #6. Technites:
    This platform is not yet commercial but they are currently deploying over 500 local artisans who are helping in the repair and building of homes.
    This group is not part of Vaya because it is bigger than Vaya!

    #7. Vaya Ambulance:
    The team at Vaya Ambulance did all the medical evacuations using more than 20 Ambulances, and several helicopters.
    This platform now has almost 100 ambulances nationwide.

    #8.Cassava Data Analytics [CADA]:
    This group has been working on identifying the number of missing persons. This weekend I was reviewing their report, which will be made public later this week.
    Very sad!

    In terms of my mantra:
    “If you want to be an entrepreneur, identify a human need and reach out to solve it in a sustainable way..”

    A crisis creates the most acute human need, and is therefore a call to entrepreneurs.

  11. #A Matter of Economics:

    When I was a student in the UK, my favorite pastime was to travel to Europe as a “backpacker”, hitch hiking as I could not afford anything else.

    I loved to debate with people that I met.
    I had one memorable discussion on the American election, which was won by Ronald Reagan, with an African American guy who served in the huge US Army based in Germany at the time:

    “Ronald Reagan is going to win this election, hands down!” he declared.
    “Why are you so sure?” I asked [a bit disappointed because I supported Jimmy Carter because of his policies on Africa].

    “It’s a matter of economics,” he explained.
    “Every American is taught at school that there are three enemies of prosperity:
    a weak dollar against our trading partners, high inflation, and high government debt.

    “No one will elect a guy who lets inflation go over 5%! That is crazy man! Where you ever heard such a thing?!” he asked in total disgust.

    “I have never voted, but I will be sure to follow your advice when I get a chance,” I said thoughtfully.

    # The strength or weakness of a currency is a measure of its devaluation with respect to other currencies.
    One of the strongest currencies in the world is the Korean Won:
    $1=1164 Korean Won.
    It is amazingly stable, over the last five years, against the USD. It is a VERY STRONG currency.

    #Inflation destroys income of workers, because it pushes up prices. It weakens the capacity of entrepreneurs to set up and run viable businesses. It decides the interest rates, and therefore the price of money [interest rates]. It is a job killer.

    Imagine if our own teachers taught us that inflation, devaluation and runaway government debt are part of a three-headed monster!
    Because they did not teach us, our newspapers never talk about it, and because they don’t talk about it, our entrepreneurs, business leaders and workers’ leaders don’t talk about it, and because they don’t talk about it, our legislators, don’t talk about it, and because they don’t talk about it, our cabinets don’t talk about it!

    #High Government debt;
    #High Inflation;
    #Weak currencies.

    #What is inflation in your country?

    #What is your national debt?

    #What has been the rate of devaluation in your country over the last 12+ months?

  12. #Breaking News: Stock Exchange Quiz Winner!

    Congratulations to our iPad quiz winner, Keolebogile Kgololo, from Botswana!

    Some of you gave some excellent answers but unfortunately, didn’t read the question carefully. I asked for you to give us a list of the benefits to the COUNTRY. Please notice the winner’s presentation as well. Some great work was done by many. Thanks to all! I hope everyone read and learned…

    Here was the question:

    “We have not done this for a while, but let’s have a little quiz: I will give a free iPad to the first person, who gives me the longest [accurate] list of the benefits to a country when one of its companies lists on its Stock Exchange. I will be checking carefully to see how well you have researched your answer: #GoForIt!”

    Keolebogile’s answer:

    1. Listing on a stock exchange helps to increase the liquidity of the exchange and makes the country a destination for investment as many investors prefer a bourse with liquidity.

    2. Platform for economic inclusion: By listing, the company helps the citizens to be actively involved in economic activity of the nation.

    3. Wealth creation: by listing in the exchange, citizens can buy the shares and can reap from dividends and Capital gains which will help to improve the household Income hence better living standards.

    4. Shareholders get to receive dividends and capital gains which when taxed return revenues to the government coffers and helps in development of infrastructure, social security programs and helps in improving the nation’s reserves.

    5. By listing, a business venture has access to capital through the capital markets and can help it to acquire the capital needed to expand and expansion also means more opportunities for value creation for existing shareholders and also means employment due to expanding operations.

    6. Listing may be considered as a index for business confidence: Where companies list on the stock exchange, they demonstrate business confidence that there are opportunities for growth hence may list to access capital to realize expansion through non-organic growth (Mergers & Acquisitions).

    7. Listing helps in providing more transparency to shareholders and the greater public as exchanges and regulatory bodies require companies to dissipate countless amounts of information for the public so that they may make informed investment decisions. This means that the public gets to know more about the business.

    8. Listed companies as stated above are required to share large information about it’s business activities, financial position, their assets, this helps to ensure solvency so that the shareholders are not being given false information to make the business appear profitable whilst infact it’s not, this on it’s own helps to protect shareholders from investing in business that at time do not even make profit yet are made to appear so.

  13. #ShoutOut to Godwin, for this statement:

    “There is a problem here in Nigeria which I’m working on how it can be solved”

    “…WHICH I AM WORKING ON HOW IT CAN BE SOLVED…”

    This is the audacity of entrepreneurship:
    You see a problem, AND YOU WORK ON HOW IT CAN BE SOLVED…

    WHAT PROBLEM ARE YOU WORKING ON TODAY?

  14. #The secret to solving any big problem is to start small!

    A good entrepreneur knows how to start small, even when they have a big vision.

    Once you have a big vision about something, in order to get started look for a small “entry point” into the game. Let me give you an example:
    I have always known about the potential for Solar energy. In fact I took a course in solar energy at University more than 35 years ago!
    Ten years ago, I started to dabble in it for the first time. I did not start by building huge power plants but instead I set up a small business selling solar lanterns. Over time [now 10 years ] I grew my knowledge and capability. Today we have projects for hundreds of megawatts across Africa!

    If you are running around with a big project, never having started anything before, you may never actually start!

  15. #Learn to @Fast Follow:

    QUICKLY!!!

    For those of you new to the platform, I need you to go back to a series of posts about the concept of @Fast Follow in business.

    All good entrepreneurs know the importance of “fast following”:

    I saw Uber in the USA, I then read about it, and decided to @Fast Follow! So I created Vaya.
    If I meet the founder of Uber he will not accuse me of “stealing his idea”, he will understand that I’m a @Fast Follower.

    There is no law against it, as long as you don’t steal legally protected patents or copy rights.

    I challenge you to @Fast Follow my own “Clean City” platform. There is nothing stopping you from writing your own App, and using it to mobilize trucks to clean your own city, or even country.

    I know there are going to be @Fast Followers, so I must move quickly to capture the markets I want.

    You can even take my concept and innovate further to develop other solutions.
    A friend of mine, a medical doctor called me this morning and said he would like to start a company which handles medical Waste only, and put it on my platform!

  16. #NextGen African entrepreneur!

    One of our intrapreneurs submitted a business plan for building a “Lithium business in Zimbabwe”:
    His pitch started like this:

    “Chairman, I know you don’t like to go into mining.”

    “That is true, I have never been involved in mining anywhere in Africa, and I’m not going to start now.”
    I replied.

    “Sir, let’s build a huge Lithium Battery factory. You see Zimbabwe has this mineral. We want to introduce electric cars for Vaya.”

    “Okay? Make your pitch; I’m listening!”

    Don’t talk to me about oil, platinum, diamonds.

    The NextGen African Entrepreneur 2.0, is not about mining and resources, it is about products and services using those resources.
    Consider Aliko Dangote. He never fought for oil blocks in Nigeria, but focused on using those resources link Clinker and Phosphate to produce products.
    Now he is building Africa’s largest oil refinery.

    It will require us to think differently about how we approach wealth creation in Africa.

  17. Biodun Collins Ogundipe writes,

    Dr. Strive, how could we reach you or your business development team?

    We would love to partner with VAYA, we are into Waste Recycling and Manufacturing.

    Short Pitch: Silverstream Limited is a small recycling and manufacturing company in Abuja started under 2-year. Presently, we produce about 2-Tons of recycled LDPE pellets monthly, market value of $720/ton. We have collected and recycled 28.5-Tons of waste plastic in 15-month, making money, employing labour, while cleaning up the environment. We must expand and stop selling our pellets out. Hence, we need investment to set up plant already designed for manufacturing pipes and nylon/plastic bags as our end-product (producing 7-tons monthly); with a potential revenue of $1300/ton, profit margin of 33%. We have been meeting our loan obligations and reinvesting.

    My reply,
    Although the Clean City Initiative is now operating only in Zimbabwe, Nigeria is our next market. We already have Vaya KariGo in the market.
    Once we roll out the full Vaya Logistics platform in Nigeria, our team will want to work with you!
    They will reach you after reading this.

  18. Part Zhou writes,

    The problem that I see is about urban rental ,Its time consuming for a tenant to get place to stay.Its not easy for landlord to get their rooms and apartments occupied.
    The solution that l have is to create an app like that one for AIRB&B ,so that those with the apartments, rooms and houses will register and those who want these apartments will just type on their figures and get what they want without hassling.
    It helps also the tenants to compare prices and go for what is right. Am on the app now trying to figure out how best I can do it in my country Zim for now

    My reply,
    When I first saw AirBnB, I thought of the system behind Lodgers found in African cities!
    I would not be surprised if these guys got the idea from Africa, just like Ride Hailing came from Zimbabwe [the company Lyft, actually used to be called Zimride].
    I believe there are lots of opportunities still for someone to “digitize” urban accommodation in Africa.

    Lyft is worth $17bn,
    AirBnB is worth $31bn,
    Uber is worth$100bn.

  19. Justin writes,

    Why don’t we utilise the waste collected to generate electricity!?

    My reply,
    Why don’t you [as an entrepreneur] look into it. It could be a great opportunity for you.
    Just don’t come saying someone stole your idea, because it could be that someone was already working on it, and just didn’t say anything at the time, because it was not wise to do so.

  20. Tartian Mahlamvana writes,

    I was impressed by the service. I used Vaya a lot on my recent visit to Zimbabwe.

    My reply,
    I appreciate to hear that. I have never used the service myself. The day I get to Zimbabwe I will also order a Vaya.

  21. Caleb Nii Lante Lamptey writes,

    Insightful, Sir we are running something similar in a unique way but still on waste management. We started just last 2 months. And currently working on some deals which we hope to be successful. We would like to partner with your team especially to help us build the web/mobile platform because we are working on it from the scratch but with your team we could leap over that. You can visit our facebook page since our website is not ready at the moment.
    Thanks for considering us for this partnership.

    https://www.facebook.com/baawoinc/

    My reply,
    You have made a great start!
    Well done.

    Lovemore Nyatsine who is managing the Cyclone disaster has been appointed CEO of Clean City Africa.
    Stay in touch with him, because we will be looking for partners in Ghana, when we get there.

  22. Jack Akello writes,

    Waste bins/collection point having sensors that automatically alert the vaya trucks (nearby truck) that the waste bin is full and needs collection and the nearest(or the one that responds to the adjust) truck responds to go collect it and….this is just good

    My reply,
    Yes, they have them in China, and possibly a number of other places too.
    The number of innovations around Waste are almost endless!

    The key in rolling out a new business is to take it step by step, and not to rush every innovation in at the same time.
    You must always start in a place where you have competitive advantage or people ready to go.
    It will take us at least a year to bed down Clean City Zimbabwe, and turn it into a national business. Only after that can we consider other markets, and then we will focus on those markets where we have other successful Econet businesses, that can help out.

  23. Francis Thomas writes,

    Wow my Mentor may you live to be a 100 years , much such visionaries are a rare breed, thank you for allowing God to use you . we# Kings Harvest Academy excited about Franchising our model through partnerships, our school is a Smart Rural School Model , Private Rural School and we are affording the Rural Child same opportunity and infrastructure as an urban child gets to achieve their destiny. We developing each child as a king . We rolled out the model is Kzn in 2018 and we are extremely proud of what God is do through our Rural School shared economy model that our community is quickly destined to be a City# ReimagingRural#for more visit http://www.kings harvest academy .co.za or our Facebook page

    My reply,
    If I was still a boy, I would have climbed the roof of my house to give you a #ShoutOut!
    I will be shouting Out entrepreneurs like you and your colleagues forever, because you are the answer to all our problems in Africa!

  24. Twisha Molapo writes,

    Sir, may I say you truly have Africa at your heart and this is truly a great initiative. For the past year I have been working on raising capital to start a similar business model here in Botswana under the name Isa App. We successfully went through the Tony Elumelu Funding Program and are awaiting the Botswana Innovation Seed Funding and also our Youth Fund. (The Botswana government is very open to funding youth business, a privilege we don’t take lightly). However seeing VAYA gives me great hope for my business. I believe this will be a great opportunity for me to partner with VAYA as Isa in Botswana. The reason behind Isa was to help address youth unemployment in my nation. This is a business model that will benefit all and change many lives for the better. Therefore Mr. Strive, it is my desire to work with you and give our fellow Africans a better livelihood. My contacts are +267 76102721 or email isaappbw@gmail.com

    My reply,
    Here is what I will do for you:
    If you have a passport, I will ask the guys in Zimbabwe to fly you over for a visit. We will cover all your costs.

    You can spend a week or two as part of the team working on this.

    I will also see you in Botswana for the big Townhall in 3 months!

  25. Osmo Castus writes,

    Wow! Amazing stuff. However, you only mentioned that a plastic recycling plant was invited to the table, but reflecting on your question, “Can you think of franchise models that could be launched and scaled, eventually globally, with products or services that help protect the planet for future generations?”, I feel there’s something left out. What happens to the e-waste? E-waste recycling comes to mind. I know ZOL partnered with EnviroServe which has a plant in Zimbabwe, I would love to partner, it’s high time more people know how harmful e-waste can be if it gets into our water bodies

    My reply,
    You are correct, e-waste is a major challenge in Africa.
    I’m very much aware of it, as are members of the Clean City team.

    On this platform I train entrepreneurs, and show them how to turn every day problems into great businesses for themselves.
    Since you are the one who has seen this problem, now go turn it into an opportunity for yourself!

  26. Goodluck Ojusin writes,

    Leader I see myself as not only one of VML host but one of the most “Valued” VML host/Agent in Africa. This is as a result of my consistency and focus in the growth and advancement of VML company.

    My reply,
    I love your persistence!
    So I have extended the invitation that I gave to Twisha from Botswana to also include you!
    They will host you for upto two weeks.

  27. Mohammed writes,

    Strive Masiyiwa Chief Strive Masiyiwa… I have an interest in Vaya Express delivery and Tructor service. In my country Ghana, Startup Enterpreneurs who mostly sell online face delivery difficulties. Buyers prefer Cash on delivery whiles sellers have a bit fear sending out goods without an Escrow in other words have trust issues with buyers. How does Vaya express delivery solve this problem? It’ll be a great privilege to partner in my locality to find a lasting solution to enterpreneurs selling on digital platforms.

    My reply,

    “Buyers prefer Cash on delivery whiles sellers have a big fear sending out goods without an Escrow in other words have trust issues with buyers.”

    Jack Ma saw exactly the same problem in China. This is how he created Alipay, which is now worth hundreds of billions!

    At Cassava we have spent years trying to solve this problem. Our solution is called the Cassava Payment Gateway [CPG]:
    Buyers and sellers are able to use an Escrow system, as an option, during a transaction.
    We have built “Africa’s Alipay system”!
    We are now working to make it a continental platform.

  28. Kosgei Stephen writes,

    I am working on how the power shortages can be solved in Africa. Inadequate electricity slows the rate of development making life difficult, for instance we can not have electronic trains when we dont have enough power

    My reply,
    It is a good vision but vision is not what gets you into setting up a successful business.
    It is the ability to start something, however small.

    Look for something small that can get you into the game, and then build from there.

    Before you can try and solve Africa’s power problem, trying solving for a village.
    I started attacking this problem more than 10 years ago by selling solar lanterns for kids to do homework. We actually sold over 1m such lanterns. Then I “graduated” to bigger things, and bigger things. Now I can talk about Africa.

  29. [name withheld]

    Strive Masiyiwa sir l have a business plan on shared economy(Uberization), how do l send it to you.
    We need funding.. Thanks

    My reply,
    If I allowed people to send me Business plans, I would receive thousands every single day!
    It would become my full time job.

    I do not read other people’s business plans because I’m too busy reading the business plans from our management teams. That is what I’m paid to do. It is also what they are paid for, and they are good at it.

    If you want to be an entrepreneur, don’t just write a plan; start a business!
    That is what entrepreneurship is all about.

    Go back to what I have written in the past about raising capital.

  30. Twisha writes,

    A truth many of us aspiring entrepreneurs often take lightly. This is how many of our dreams die because we channel so much of our energy into developing the grandest of solutions only to be frustrated because we missed some steps in our process.

    From experience, Africa is not short of great innovations technology wise. However many of them have come before their time because we did not fill in the gaps before going to market and these products end up being shelved.

    My reply,
    Every time I read one of your comments, I get this sense that you are going to be one of Africa’s greatest entrepreneurs. Botswana is blessed to have someone like you.
    Just keep your head down, and stay out of politics. Just like I did.

  31. Jerry Musungo writes,

    Strive Masiyiwa I use Vaya taxis all the time, the drivers are professional and safer to use because they are vetted. As a learning and conscious entrepreneur I always ask the drivers (entrepreneurs) about their experiences with Vaya and their revenue turnovers are actually fantastic in comparison to average salaries in Zimbabwe. I’m soon going to register my vehicle for Vaya as well . This is true empowerment!

    My reply,
    It is always good to hear from you.

    There are some amazing new services that are being pioneered on the Vaya Platform.
    The launch of Vaya Carpool, which is scheduled for the next two weeks, is going to be a real game changer. The cost will be much lower than the current service [Vaya Premium]
    Vaya Hopper [the electric vehicles] will also help ease pressure over fuel.

  32. Kennedy writes,

    I hope in our home country (TANZANIA) we are going to benefit from VAYA, I wish I will be the first one to grab this opportunity Strive Masiyiwa there is several why we need this service

    My reply,
    Whether we come to Tanzania or not is really not the issue. What matters is what you and other Tanzanian entrepreneurs do to @Fast Follow!

    When I saw Uber in America, I did not say to myself “I hope this comes to my country”. That is not an entrepreneur’s response!
    You must be thinking about how to position yourself to take advantage of any new entrepreneurial development.

    #PlayThe Game!
    #GetInTheGame!

  33. Omoruyi writes,

    I can see endless opportunities via the Vaya Hopper! Lots of Businessess will spring from the chain.

    1 EV Charging Station
    2 EV Management App
    3 Charging Station Aggregation App
    4 EV Charging Station Management
    5 eCommerce Store – EV Spare Parts etc
    6 Home Charging Station Setup Service
    7 Charging Station Setup Training Service
    8 Clean Energy Device Business
    9 Battery Swapping
    10 Electric Car Self Drive Rental
    11 Electric Cab Aggregator
    12 Spare Parts Manufacturing
    13 Lithium Recycling
    14 Franchising/Reselling
    15 Portable Charging Station.
    16 EV blogs
    17 EV Vlogs

    This is the birth of a new Era! Every day I see opportunities. I wish I can do all myself, but I know my spot, and I am focused on that.

    Friends in Zimbabwe please research more on the sub topics I listed and find how to connect. Don’t be caught crying that there are no jobs. The opportunities are endless.

    #GodlyBillionaire.

    My reply,
    There is always a job for you at Econet!

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