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I think I will be buying plenty of #ProsperityParadox copies to give to people to read first before I engage them here. I am tired! Efosa Ojomo there is work to be done. Non Africans understand this better than Africans and it is worrisome.

Osaretin Victor Asemota Efosa Ojomo Just got it on Amazon

Osaretin Victor Asemota Efosa Ojomo Very true! Been trying to share the knowledge too, but #ProsperityParadox can do it so much better. We all need to read more! #becurious

Lovely piece by Efosa Ojomo semafor.com/article/06/02/…

Osaretin Victor Asemota Efosa Ojomo This is one of the best books I’ve read in a long time. It was my North Star on how I approached building my startup and the vision behind it. There’s a lot of knowledge and insight to be gained by a lot of other African Founders and Africans in general.

These products will end up in 3-4 very notable stores in the U.S. Fingers crossed, it will drive new growth for us.

Please read, listen, and vote. There are incredible people in Nigeria who are doing amazing things. Thanks 🙏🏾

If Gates succeeds in giving away $200 billion by 2045, that would amount to spending approximately $27.4 million everyday, for the next 20 years! christenseninstitute.org/blog/bill-gate…

Efosa Ojomo says that Nigeria is so unproductive that should we cease to exist, the world would not feel any loss in terms of impact. This is true as we have self limiting structural imperfections. I went to a tech campus in Jaipur, India and they had 30k people employed there.

I believe our future is NOT in startups but in building very large entities that will employ at scale. Without those entities, the startups are dead on arrival. I did some work with healthcare startups in the first five months of this year and the biggest one was still small.

Institutional investors said they were still small and they were very right. They will remain small unless some crazy moves are done. Tony O. Elumelu, CFR would have remained small if he had not risked it all to buy a bigger entity. Those who bought the same entity before him dared too.

We have to start taking over entities on that list and making them even bigger. I told someone that Access Bank was now an acquisition target and he thought I was joking. Why can’t Mochamad Taufiq or Moniepoint Group merge with them and grow something even bigger? That possibility exists.

I did my entire MBA thesis on M&As 30 years ago and since then, I can count the number of large deals that have been done on my two hands. We can’t “startup” our way out of this without inorganic growth through M&A. Dangote is trying but we need to do much better than one person.

The only flaw in this Nairametrics data set are the large farming companies like Okomu who hire a lot of seasonal and temporary workers. When we used to do their payroll almost 30 years ago, they had 18,000 of those types of workers. Mechanization likely reduced it over time.

Bill Gates has done it. He has committed to spending $200 billion in the next 20 years. That comes to spending roughly $27.4 million a day for the next 20 years. That is just incredible. I put down some ideas on how this can be transformative. christenseninstitute.org/blog/bill-gate…

Yesterday was lit! Premia Business Network Book club review: Prosperity Paradox Efosa Ojomo

Special message from one of the authors Efosa Ojomo THANK YOU! Premia Business Network

Efosa Ojomo

I can’t shake this part of the book (Upstream by Dan Heath) from my head. Poor people are not poor because they lack financial know how, they’re poor because they lack money. Success comes when the odds have shifted. This goes to the heart of Efosa Ojomo’s Market Creation thesis.