Why Diversifying Too Early Kills A Lot Of Companies.
The Chartered Vendor Podcast with Jerry More Nyazungu por Jerry More Nyazungu
Notas del episodio
Are you chasing every "shiny object" or hot new business trend?
In this video, I dive deep into Chapter One of my book, Why African Businesses Die Young, to break down Mistake #1: Diversifying Too Early.
I unpack the raw, real-life story of how a massive power crisis in Lusaka, Zambia, inspired a seemingly brilliant solar venture that quickly turned into a $50,000 lesson in the school of hard knocks for my team. If you’ve ever been tempted to jump into a new industry without expertise, systems, or strategic fit, this video is a brutal wake-up call.
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Key Takeaways From This Episode
Opportunity Without Preparation is a Trap: High demand in a market does not automatically mean you have the competitive advantage to exe ...