I spent too many years of my life in this space and in the end I discovered that building products made more sense than providing services. The crazy thing is that products won’t work properly without services. We are in a catch 22 situation in Africa.
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An unexpected silver lining of the ongoing once-in-a-generation economic crisis in Nigeria is that except they belong to the 0.01% and don't intend to work in Nigeria afterward, kids no longer expect to get their 1st degree outside Nigeria because the exchange rate has made it completely unfeasible. This has created an unprecedented market opportunity for high quality (private) university solutions in Nigeria.
In my time, it was perfectly normal and commonplace for an entire secondary school graduating class of 100 to continue straight to the UK/US/Canada as international students, most of whom would, of course, not end up returning after their 1st degree. It wasn't until much later that I clocked that getting a Bachelors degree abroad (because every single university in your country is substandard) is not a flex.
Every other major developing country on earth - China, India, Malaysia, South Africa, Indonesia, Vietnam - has at least 1 or 2 world class universities that train their very best students for leadership roles within their economies. Only Nigeria for some reason, continues to lag behind even in the private space.
I hope the likes of Wigwe University embrace the opportunity that the crisis is presenting to them, so that a new culture of excellence at tertiary level in Nigeria can be incubated - even if it is only available to those who can afford to go private. If it is possible to get world class primary and secondary education in Nigeria, there is no reason why world class university education should only be possible outside Nigeria.
Listening to a @FoundersPodcast episode about Steve Jobs and thinking of mistakes vs regrets in my life.
I have made many mistakes and have few to almost no regrets. It is because I immerse myself completely into whatever I am doing and don't juggle.
When I became a parent, I retired from running a business. The two couldn't compete. The only mistake I made was not letting my wife know that it was my plan.
The first year of marriage was hectic as I was never around because of the business. I left a pregnant woman whose mother had died shortly before all alone most of the time. I regret doing that. It is why I decided to retire when my daughter was born.
I couldn't outsource parenting and marriage.
I have no regrets about leaving work even though it has been tough not getting regular income and being on my toes all the time. I enjoy this time I spend with my family and turning it into one of my most creative periods.
Steve Jobs made one of the most profound statements about life ever - "Don't be a career."
I believe you can be everything but don't only be one thing forever.
I never heard from her again. I was wondering if what I said was wrong but it was the truth. I was getting to my limit of usage already. Maybe she detected that and sought help from others. Some people are perpetual users and that is the root cause of their problems.
As for me, even when I love someone and they are disrespecting others openly, I sometimes correct immediately because losing that relationship is not as important to me as the damage you will do to yourself and others publicly.
Don’t be evil.
“Google isn't going to lose to OpenAI tomorrow - it lost to it over the last ten years.”
Poignant. I think it wasn’t only to OpenAI but to Amazon and the Chinese. I have been close to Google for close to two decades now than most people who never worked there.
I saw Google transform to a design first company when it realized that design was its Achilles heel. It did that well from within and it led to great products. They have also been ruthless in killing off products they feel will not make the mark.
Yes, Google has a culture problem and I saw how easy it was for people to hide behind others and achieve nothing but play politics. @kenju254 and I used to joke a lot about this politics before and after our close friends left because of the same politics of political correctness.
I think the company needs to be broken up again into smaller more nimble bits. Africa for instance needs to run completely on its own and iterate at the speed at which the continent is growing. Google has been far ahead of others in Africa and made significant investments but I think they never took advantage of the opportunities provided by those investments.
Google needs to own new and big markets. The Next Billion User strategy has to evolve into backing the next million entrepreneurs in emerging markets strategy. They did it very well for developers and almost did it for designers but their support of entrepreneurs has been lukewarm.
As usual people in tech have an America Centric way of viewing competition. There was a reason Sam Altman visited Nigeria not too long ago. I am sure Microsoft made him come. The real fights are going to come from having meaningful data sets globally to make AI global. When it comes to making AI globally relevant, my bet is on Google.
Data comes from ventures and enterprise. Google needs to accelerate its rest of the world strategy. It can’t keep doing it from Mountain View. That was how Oracle lost Africa to Microsoft and Google.
Microsoft is OpenAI’s biggest advantage. This fight is between Google and Microsoft and they are coming back for their pound of flesh.
Microsoft owns African large enterprise cloud now. Google should own the startup cloud and data space before Amazon also wins them here. Google has a market advantage globally even when it currently doesn’t have a product advantage. They can also lose it easily at the speed of Microsoft’s thoughts. My best Bill Gates book after “Hard Drive” was “Business at the Speed of Thought.” Microsoft is back to executing at that speed.
Herbert had only one fear and that was the fear of failure. I knew him when he had nothing and when he didn’t even own his own car. I knew when bought his first car a bright red Golf GTI,and we celebrated it but to him it was nothing. Other people had better.
I remember when he left Kapital Bank and he did his UK Postgraduate degree. He never wanted to go back to when he was driving his mother’s old car around. Moving forward and ahead was a religion to him. His goals were larger than anyone’s imagination. Buying one bank wasn’t enough, it had to be several.
My brother Herbert really lived and left behind a lot of legacies. I didn’t understand why he named this university after himself but now, I do and it is left to us to make it exemplary.
Losing him was bad enough, losing his wife and son along with him is a catastrophe. I haven’t been able to talk to family members because all we will do is cry.
Taleb said that black swans are everywhere and closer to us than we think. I would never have imagined this outcome in a billion years. All I can hope for is to turn it somehow into a greater positive.
I am spent and tired. This took everything out of me.
@JumiaNigeria Never mind Ruby. All your agents that i managed to reach either via phone call or chat are extremely unhelpful and just regurgitating generic info that does not help my planning. I will just wait till evening then cancel the order. Thank you
@JumiaNigeria Team, we need expedited shipping options for those willing to pay. My item has been at your sorting hub for days, and customer care mentioned that the delivery will follow the schedule.🙁😭