Young Entrepreneurs schooled on business startups

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• DOGO 9 years ago

  My brother what you are saying is only true in the western world and among the rich families in Africa. The reality is that people like me will never be able to get access to loans from family memebers and friends because the ...
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  My brother what you are saying is only true in the western world and among the rich families in Africa. The reality is that people like me will never be able to get access to loans from family memebers and friends because they don't have. As far as I'm concern, one of the bane of Africa's development is as a result of this issue. There are no angle investors who are willing to pick up brilliant business ideas from someone like me and develop it for the benefit of all. They are all one way investors so to speak. Angel investors are all over the western world and all they look at is the idea and not the person. They sepearte the person from the idea and then they look at the passion the person brought with the idea and then they decide. But in our part of the world, it's different. How to get close to that angel investor alone is a headache. You have to pay your way through.

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