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Uncategorized By Jessica Colaço / May 6, 2012

What’s your Business Model?

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Many an entrepreneur have come up with a brilliant idea and gone about the painstaking business of developing it only to come to the realization that there’s no sound business model behind it, or the business model is not sustainable. The problem is significant among tech startups where the founder has a great vision for a technology product or service but fails to adequately answer the questions of just how they will go about creating, delivering and capturing value.

Then again, we find many tech companies have weak business models but are often over-valued, in comparison to the revenues and profits they’re bringing in.

The business model is a critical component that investors look for when evaluating a potential investment. What’s the value of having a sound business model? Is it necessary to have one? What is a business model exactly anyway? What are classic business models you can implement? How do develop one if you don’t have one? Or how do you strengthen your existing model?

Join the Afrinnovator team on Thursday, May 10 2012, at the iHub from 5.00 PM to 7.00 PM as we explore these issues and more.

Please RSVP to attend the event here:

https://startupsafrinnovator.eventbrite.com/

Author : Jessica Colaço

Jessica Colaço is currently the Director of Partnerships at iHub. She was the Founding Manager between 2010 and 2011 at iHub and Research Director between 2011 and 2013 at iHub Research. She is passionate about Innovation, Research, Mobile and Robotics Technology, Mentorship and Entrepreneurship in Kenya as she uses her position at iHub to court local, regional and international stakeholders to adopt Kenyan-made solutions. She is also a Mobile and Robotics Tech Evangelist, Co-Founder of WMIAfrica and AkiraChix, ISOC-Kenya Chapter, Treasurer, TED Global Fellow 2009 and upcoming Guitarist. She was named one of the top 40 women under 40 years in Kenya's business scene by Business Daily on 2009, 2011 and 2012. She blogs at: www.jessicacolaco.wordpress.com


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