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In Episode 3 of the Art of Waging Small Business Warfare podcast, we bring you up to speed with Guerrillapreneur news, news at the sharing and circular loop economies: •Smart is launching a car sharing (similar to Mercedes' Croove) service called "smart ready to share." Car owners can use the smartphone app to post the time when their cars are available and invite friends to use it. Users can un-lock shared Smart cars using the smartphone app. •Chinese bike-sharing start-up Mobike closed a $215M series D funding round. •Massachusetts-based bike sharing startup, Zagster, announced a $10M Series B financing round lead by Edison Partners. •Airbnb announced that Kenya doubled the number of homes available for sharing in 2016 reaching a total of 4,000 homes. Airbnb also noted that the number of guest staying in Kenyan homes tripled over the same time period. •Kenya has become a hotbed for sharing economy startups. Little Cabs, a ride sharing service similar to Uber and founded by telecommunications company Safaricom launched in July, 2016. Little Cabs already has 2,500 drivers and 90,000 active accounts. Lynk, a startup similar to Angie's List, launched a sharing platform that connects customers in Kenya with service providers. Also in this episode, I launch the VERY first Guerrillapreneur Mastermind Interview with the President and CEO of the Selma Good Company, Robert Armstrong. The Selma Good Company owns the line of G Mommas Cookies. The Selma Good Company is based in historic Selma, Alabama. Armstrong started this company with a $7,500 loan (using his truck as collateral) and a cookie recipe. Armstrong used shared economy tactics including sharing a local restaurant's kitchen (baking his cookies during their off hours) to launch his startup. Armstrong stated,"I knew the value of the product was in the product not in the equipment that I was using to make the product." Armstrong grew his cookie startup from 3 local stores to more 1,000 national chain stores around the country. The G Mommas's cookie line includes a Chocolate Chip with Pecans and a "Buddascotch" oatmeal both in 5.5oz retail packs. Since the launch of G Mommas cookies, Armstrong has used sharing economy tactics to increase the asset utilization of the equipment he purchased to pack and ship his cookies. The Selma Good Company now provides services to smaller manufacturers including 3rd Party Auditing, Packaging Sourcing, Warehousing and Distribution. Selma Good can pack candy, snack food, grocery and specialty food, coffee, mixes and powders and nutritionals. Armstrong use of sharing economic tactics has helped him preserve cash and extend the runway for the successful launch of his business. The interview with Armstrong is a mini-MBA for startups. Listed below are the business topic areas that are covered in the interview: •Leveraging the shared economy to avoid capital expenditures until you prove your concept •Focusing on your core competencies and outsourcing other non-strategic services •Identifying the right strategic outsourcing partner •Conducting market research on a show string budget •Getting your product on retail stores Please share your feedback and ways that we can make the show better for you. You can subscribe to the podcast via iTunes, GooglePlay, RSS, or Podomatic.com. Sign up for the Guerrillapreneur startup kit at ceyero.com. The startup kit includes templates, startup guides and the 12-Step Guide for Developing Disruptive Slingshot Innovations. Follow me on Twitter @guerillapreneur. Host: Mark Peterson Host Social Media: @Guerillapreneur (Twitter) Guest: Robert Armstrong, President & CEO of the Selma Good Company Guest website: www.gmommas.com and www.selmagood.com Sponsors: Ceyero Consulting, www.ceyero.com
In Episode 3 of the Art of Waging Small Business Warfare podcast, we bring you up to speed with Guerrillapreneur news, news at the sharing and circular loop economies: •Smart is launching a car sharing (similar to Mercedes' Croove) service called "smart ready to share." Car owners can use the smartphone app to post the time when their cars are available and invite friends to use it. Users can un-lock shared Smart cars using the smartphone app. •Chinese bike-sharing start-up Mobike closed a $215M series D funding round. •Massachusetts-based bike sharing startup, Zagster, announced a $10M Series B financing round lead by Edison Partners. •Airbnb announced that Kenya doubled the number of homes available for sharing in 2016 reaching a total of 4,000 homes. Airbnb also noted that the number of guest staying in Kenyan homes tripled over the same time period. •Kenya has become a hotbed for sharing economy startups. Little Cabs, a ride sharing service similar to Uber and founded by telecommunications company Safaricom launched in July, 2016. Little Cabs already has 2,500 drivers and 90,000 active accounts. Lynk, a startup similar to Angie's List, launched a sharing platform that connects customers in Kenya with service providers. Also in this episode, I launch the VERY first Guerrillapreneur Mastermind Interview with the President and CEO of the Selma Good Company, Robert Armstrong. The Selma Good Company owns the line of G Mommas Cookies. The Selma Good Company is based in historic Selma, Alabama. Armstrong started this company with a $7,500 loan (using his truck as collateral) and a cookie recipe. Armstrong used shared economy tactics including sharing a local restaurant's kitchen (baking his cookies during their off hours) to launch his startup. Armstrong stated,"I knew the value of the product was in the product not in the equipment that I was using to make the product." Armstrong grew his cookie startup from 3 local stores to more 1,000 national chain stores around the country. The G Mommas's cookie line includes a Chocolate Chip with Pecans and a "Buddascotch" oatmeal both in 5.5oz retail packs. Since the launch of G Mommas cookies, Armstrong has used sharing economy tactics to increase the asset utilization of the equipment he purchased to pack and ship his cookies. The Selma Good Company now provides services to smaller manufacturers including 3rd Party Auditing, Packaging Sourcing, Warehousing and Distribution. Selma Good can pack candy, snack food, grocery and specialty food, coffee, mixes and powders and nutritionals. Armstrong use of sharing economic tactics has helped him preserve cash and extend the runway for the successful launch of his business. The interview with Armstrong is a mini-MBA for startups. Listed below are the business topic areas that are covered in the interview: •Leveraging the shared economy to avoid capital expenditures until you prove your concept •Focusing on your core competencies and outsourcing other non-strategic services •Identifying the right strategic outsourcing partner •Conducting market research on a show string budget •Getting your product on retail stores Please share your feedback and ways that we can make the show better for you. You can subscribe to the podcast via iTunes, GooglePlay, RSS, or Podomatic.com. Sign up for the Guerrillapreneur startup kit at ceyero.com. The startup kit includes templates, startup guides and the 12-Step Guide for Developing Disruptive Slingshot Innovations. Follow me on Twitter @guerillapreneur. Host: Mark Peterson Host Social Media: @Guerillapreneur (Twitter) Guest: Robert Armstrong, President & CEO of the Selma Good Company Guest website: www.gmommas.com and www.selmagood.com Sponsors: Ceyero Consulting, www.ceyero.com
The ride hailing/taxi app market in Nairobi, and the rest of Kenya, seems to be the in-thing right now for multinational and local organizations, attracting an ever-growing list of players – Uber, Little, Sendy, Mondo Ride, Taxify among others. The most dominant operator at the moment, Uber, seems to be learning the hard way about the peculiarities of this market – they slashed their rates dramatically and now the customer experience has deteriorated. We talk about that this week – should Uber have slashed their rates? And, if this was a mistake, what should they do next? Press play. Resources Why Taxi Apps are the Next Big Thing in Nairobi’s Move Forward The battle for Kenya – Uber vs. Easy Taxi Uber in Kenya is upsetting the taxi industry? Twitter feud over Uber in Kenya Easy Taxi opts out of Kenya, Africa after common investor leans towards rival Uber Easy Taxi Leaving Kenya, Africa after Stiff Competition from Rival Uber Uber and Little Cabs battle to control the streets of Nairobi Safaricom’s Little Cab triggers price war with Uber The Little Chance for Safaricom’s Little Cab Uber slashes taxi charges by 35pc in Nairobi Uber taxi fare cut triggers drivers’ go-slow in Nairobi Uber guarantees drivers peak-hour pay after price cut Jewels’ Nasty Experiences with Uber Complaints about poor service on Uber from Kenyans Uber’s Response after Their Driver Was Accused of Stealing from a Client at JKIA Nairobi taxi drivers are trying to shut down Uber with protests and intimidation Uber Drivers in Nairobi Discover Not All Taxi Drivers Welcome Competition
Safaricom and Craft Silicon both took an “L” this past week. As it turns out, they neglected to trademark the Little Cabs brand name before launching their ride-sharing service some weeks ago. And now, they’ve had to drop the word “Cab” from their brand after the “Little Cab” trademark-holder went to court to defend his right to use that name. From now on, they are to be known as Little. The whole situation is more than a little embarrassing to say the least, and reminds me of the wisdom MiPhone Founder and CEO, Alpesh Patel shared on the show some months ago, about how important it is to “dot the i’s and cross the t’s” when it comes to securing one’s commercial intellectual property. Nevertheless, I’m sure the folks at Safaricom and Craft Silicon have learned their lesson. This week’s African Tech Round-up also features a chat Andile Masuku had with Brendan Horan. Brendan is an executive vice president of MiX Telematics— a fleet and mobile asset management solutions business that’s listed on both the Johannesburg and the New York Stock Exchanges, as well as the Managing Director of MiX Telematics’ African business. Listen in to hear how Brendan’s company goes about applying a Software-as-a-Service (SaaS) delivery model to deliver solutions to customers in more than 120 countries around the world, how the global AI and machine learning trend is impacting their corporate’s strategy, and how Brendan deals with the challenge of growing the firm’s African business in hugely varied markets across the continent. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0
Despite the considerable push-back Uber has experienced in certain African markets, the firm’s march towards utter and complete world domination continued last week as they launched in Tanzania’s capital city, Dar es Salaam. Dar es Salaam is the 3rd African city Uber has taken to in as many weeks (following Luanda, Uganda and Accra, Ghana) and their 475th location worldwide. Since launching in Johannesburg in 2012, Uber has quietly gone about silencing many of the doubts that sceptics have had about the viability of their business model in African markets that typically show little regard to hype-driven startups that roll in from the West expecting an easy ride. (No pun intended.) Basically, what might have appeared to some as being a casual African safari is gradually developing into a case study on lean, mean execution. Only time will tell if a home-grown platform like Little Cabs— the ride-hailing service Safaricom is set to launch, will be able to rain on Uber’s parade. Be sure to listen into this week’s episode of the African Tech Round-up to hear Andile Masuku chat with Matthew Lee— a plumber turned corporate executive who now heads up African operations at the German open source software firm, Suse. Matthew shares insights on how well Africa is keeping up with the rest of the world in terms of producing world-class software applications, and points out key growth areas that could benefit from the increased roll-out of OSS solutions. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0