Saturday, June 30, 2012

Africa's Cheetah generation

From ThomasPMBarrett's(Wikistrat) blog: 
he sites an article in the Economist (UK)

Nifty Economist story on what economist George Ayitteh likes to dub the "cheetah generation" of Africa's business community ...  
Article contrasts serial entrpreneurs (who start company after company in sequence over their lives) with parallel entrepreneurs (who start mini-conglomerates of companies and seek to grow them all synergistically over time). The Economist argues that this is really the way things are unfolding in successful African economies.
 he then adds:

Speaking from experience, I couldn't agree more.  Virtually every deal I'm currently structuring or pursuing in Africa involves these parallel entrepreneurs.  They all seem about 35 and they're all running this cluster of companies that involve them in all manner of adjacent opportunities and economies (most of these clusters extend over several African states).

he links to this TED video:

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