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What can African Startups borrow from Silicon Valley

Silicon Valley

Silicon Valley is the the heaven of tech entrepreneurs, startups, innovators and  hubs. We all crave Silicon Valley and I am one of the people having huge craves. According to Wikipedia :

Silicon Valley, in the southern San Francisco Bay Area of California, is home to many start-up and global technology companies. Apple, Facebook and Google are among the most prominent. It’s also the site of technology-focused institutions centered around Palo Alto’s Stanford University. The Computer History Museum and NASA’s Ames Research Center are in Mountain View. The Tech Museum of Innovation is in San Jose.

we have a famous saying If you cant Beat them Join them. and what if you cant Join them ? what if you don’t qualify to Join them ? we never ask our selves  some of this negative questions or maybe we do but we never out speak them. Most of the Blogs and tech Enthusiasts have come up with thoughts and realities. We have our our “silicon Valleys” we have countries Branded as Africa’s Silicon Valley , KENYA being the top hit on all index searches.

Kenya has a good history on technology improvements dating years back.

From Venture Capital For Africa

There is a couple or many things to learn and borrow from Silicon Valley, Not Elements of success only but how to embrace failure  for the growth of us as a continent in the Tech culture.

We Should Build platforms not Products

In the old economy, the math was simple: The more products you sell, the more money you make. Silicon Valley doesn’t think in terms of “products,” instead embracing the unbounded economics of the platform, where connecting users and interactions is the new coin of the realm. Unlike a static product, a platform’s value is defined by the users who populate and use it; a platform can morph to adapt to their needs and continually unspool new services and innovations. Valley companies think in terms of ecosystems, networks, and shareable services — elements that are crucial to scaling very quickly. Any business needs to make money eventually, but the power of rapid scaling is a huge competitive advantage that those in the Valley understand keenly.

Think like engineers and customers.

While “user-centered design” has become an increasingly popular term, Silicon Valley lives and breathes it in a way that senior executives elsewhere can’t imagine. In Valley companies all levels of the business, from the CEO to coders to cross-functional teams, are hardwired to look at problems from the perspective of the user in order to figure out what sets of processes would create the smoothest, richest experience. They obsess about the customer; everyone is expected to solve customer and user problems whenever and wherever they find them.

Give employees (and their dogs) a long leash. The strongest founder-led organizations recognize what really motivates their people. Mission-driven employees naturally expect competitive compensation, but more important is the opportunity to shape the path of innovation, to play a meaningful role in growing the business, and to develop their own leadership chops. The more autonomy employees have to be resourceful and make decisions, the more likely they will be to stick around. Artificial constraints, such as formal organizational hierarchies and belabored consensus-building processes, create waste and dampen motivation. The most innovative companies set clear expectations around goals and investment risk but let employees define the best way to meet them. If that means being open to flexible work schedules and letting people bring their dogs or bikes to the office, so be it.

 

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