Thursday, 13 March 2014

Buddy Up! II

Buddy Up! II
Ok, we continue with the point on Buddy Up!

Here is something I have learnt about money and about power [guess it applies to virtually anything else with few exceptions]; the more of it that you give away, the more of it that you have.

Partnership is something that is important for young Nigerian and African entrepreneurs who are espoused to the one man business idea. We need to learn how to bring in others who have skills that complement ours and together create something greater than the sum of both of our individual efforts. At the start of your enterprise when you don’t have the financial girth to hire the right hands you need, partnership and equity are a wise option to consider.

It appears that the guys in IT domain have mastered this truth. Here is what I am saying.

When Apple computers started it was the product of two Steves, Steve Jobs and Steve Wozniak. One made the product; one knew how to sell it. When Bill Gates caught the Microsoft idea, he didn’t go all out there alone. He invited his friend Paul Allen to join him on the adventure. Larry Elision started Oracle, and he didn’t do it alone he had Bob Miner with him.

Yahoo is the product of two guys David Filio and Jerry Yang. And what about Google? Larry Page and Sergey Brin breathed life and profit into it. Need I mention Facebook? Yes you know Mark Zuckerberg what you don’t know is that the success of Facebook is more a product of his partners Eduardo Severin and Dustin Moskowitz who was actually his roommate at Harvard [Dustin would leave Facebook years later to form what we know today as Instagram which Facebook has acquired]. Ok, what of Twitter? It was started by the duo of Jack Dorsey and Biz Stone.

Need more proof? Do you know that the HP brand is owned by two friends David PACKARD and William HEWLETT? What of e-bay, the company that started the online retail revolution. Everyone know Pierre Omidyar but what you don’t know is that when he conceived the idea, he went to his friend Jeff Skoll and asked him to buddy up with him to make it a reality, and not only did it become a reality it was a huge and massive success.

The blogosphere was abuzz lately about the sales of ‘Whatsapp’. Well the smart founders knew to buddy up. Brian Acton and Jan Koum will have to share the check from the sales but truth is, there might never have been a check or if there was one, it would be infinitesimal to the $19Billion dollar they got, had they not buddied up!

Recently we have the duo of guys at Jumia Raphael Afaedor and tuned Kehinde. Jobberman got the trio of Opeyemi Awoyemi, Olalekan Olude & Ayodeji Adewunmi. It pays to not go the ride all alone.

I hope you get the gist. I challenge you to dream real BIG, make it happen and don’t forget; BUDDY UP. If your goal is such that you can achieve all by yourself, then how small are you, and how petty your goal?

Dream big, dream real big and get big people to buddy up with you to make it happen easier, faster and better to reach more people and greater heights.
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1 comment:

  1. Nice write up. "Two are beta than one". I am yet to see "one is better than two"

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