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Lessons from the Early Days: One More Thing...

Strive MasiyiwaStrive Masiyiwa
February 10, 2014
Image Attribution: Strive Masiyiwa Social Media (Facebook)

Image Attribution: Strive Masiyiwa Social Media (Facebook)

Originally posted on:Facebook

It was 1990, in just four short years I had gone from cobbling together $75 from friends and a relative to start a small electrical contracting business, to a burgeoning multimillion dollar, national business with almost 500 employees. I had learnt the art of raising money from banks, and had now secured an investment from The International Finance Corporation, an arm of the World Bank.

I had been named both Business Man of the Year and Industrialist of the Year. I was now sole owner of the business, as my partner had cashed out, and gone to establish his own business, before the IFC investment. We remain good friends to this day.

I began to think for the first time that I could tackle work in neighbouring countries, I chose Mozambique. So one morning, as part of my research into the opportunities in the country I visited their local embassy and spent several constructive hours with officials. When I left the Mozambique Embassy Building, I decided to walk back to my office rather than be driven. As I walked, I noticed a vehicle that appeared to be driving slowly behind me, but being deep in thought, I paid it no real attention. When I finally got into my office, two men rushed behind me, and abducted me at gun point!

I was taken to a secret detention centre by my abductors. Time and choice (today) constraints stop me from going into must detail about this incident. But let me say what is important; as I was in the place where I was being held and my abductors were outside, I did something I had not done since I was a child, I got on my knees and prayed earnestly to God, with tears in my eyes begging him to rescue me... He heard me! .... I was rescued from my ordeal that night!....

And now I had learnt the most important lesson of all... GOD ANSWERS PRAYER!

I came remarkably close to losing my life. We shall return to this issue again, my relationship with Jesus Christ, that is.....

God Bless You.

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3 Key Business Lessons

Generated by AI analysing this thought
1

Entrepreneurs should actively seek out partnerships and funding opportunities, like investment from reputable institutions such as the International Finance Corporation. This not only provides financial backing to scale operations but also enhances credibility and opens doors to new markets. Building relationships with financial institutions can support growth and help navigate the complex landscape of starting and expanding a business.

2

Conducting thorough market research is essential before venturing into new territories. Engaging with local officials and understanding the socio-economic conditions of a target market can provide valuable insights that inform strategic decisions. This proactive approach can help mitigate risks and identify potential challenges and opportunities in unfamiliar environments.

3

Cultivating resilience and maintaining a strong moral compass is vital for business leaders. Personal crises, such as unexpected threats, can serve as powerful reminders of the importance of faith, humility, and persistence. Establishing a strong personal grounding, whether through spirituality or other means, can provide the emotional strength needed to navigate challenges and setbacks in business.

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