Do you want to know the 7 secrets you need to build a successful business ?

If yes, there is a lot of lessons you can learn from the interview with CEO of VoguePay on "building the future" podcast. He talked about how he built VoguePay to become the fastest growing fintech company in West Africa that did not raise money from investors.There are so much "secret details" you can use in your business.

Listen to the interview: http://voguepayblog.com/voguepay-funding/

I also highlighted some of the lessons below:


Collaborate with other people:
Everyone should not aspire just to be called CEOs for the sake of it, instead, they should join forces with other like-minded people. The proverb, “two are better than one” also applies to business. Don’t struggle alone when you can work together with others to achieve success. Michael noted that VoguePay is run by 5 co-founders who have equal interests in the business and each of them contributed resources to grow the business from their savings and sweat.

Always start with what you have:
Savvy entrepreneurs focus on using what they have to get to where they need to be. This affects how they utilize available resources to achieve their business objectives. For them, nothing is too small to start with as long as it shows clearly that they are making progress. When they make progress, they can now place a demand for additional resources.

Michael notes that while his company, VoguePay, has not raised funding so far, the result that his team has achieved puts them in a better position to raise more money at a better valuation as investors can clearly see what value they will deliver with the funding.

Be innovative and embrace customer service:
Innovation and customer services are the chief drivers of growth in the digital economy. It is important to note that innovation comes from customers and use of technology, hence an innovative company must listen for customer feedback on every issue and be ready to use technology to improve its processes.



Read more http://pageone.ng/2017/12/15/business-africa-venture-funding/



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