Last month, I attended the Women Who Build Africa event – and it was an undeniable reminder of the unmatched energy of women entrepreneurs in Africa!
The event was full of wisdom and invaluable advice. Here are a few takeaways that resonated with me:
➡️ Entrepreneurs seeking to raise funds should structure their pitch around four key pillars:
1. Market – Know your market, along with the economic forces that drive it.
2. Momentum – Demonstrate how fast your business is growing and the trajectory you are on.
3. Model – Be clear on what you do and how your company makes money.
4. Management – Show why your team is the best one to bring the vision to life.
As Lewam Kefela pointed out during the event, "numbers are nothing without context, and context is nothing without numbers".
➡️ Solving big local problems and persistence are crucial. Shola Akinlade of Paystack shared his inspiring entrepreneurial journey. From tackling the African payment problem to becoming the first Nigerian startup to join Y Combinator, and getting acquired by Stripe for 200m$, Shola emphasized the critical decisions that brought them to scale.
➡️ As an entrepreneur, caring for your mental health and reflecting on what you need to stay well is essential. And remember, asking for help is a strength, not a weakness.
A huge thank you to A&A Collective , especially Yvonne O. Okafor and Araba Andoh for making my attendance possible. 🙏🏾 I am beyond grateful to have connected with so many powerhouse women, especially Megan Root from Grounded, Laura Stanford from Loop Pet Food, Radhika Bhachu from Ndovu, and so on.
I am already applying all those candid learnings to my own journey 🚀
#WWBAAssembly #FemaleFounders #Entrepreneurship #Leadership