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How to Use Frugal Innovation to Grow Your Startup

ReadWriteStart

As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. A frugal tap in Ghana. Or you could use open-source software to develop your product, which is often free or low-cost.

Startup 198
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Skills Development in Africa: How Wide is the Skills Gap?

Transformify

Post Brexit, many companies in the UK consider distributed teams overseas as an alternative to the shrinking talent pool and high recruitment costs in Britain. Just like its neighbours, Ghana is a predominantly agricultural country dependant on the cocoa production.

Africa 75
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Why I left Wall Street to figure it out.

Austin Startup

I wanted a Ghanaian delicacy that I had grown up on ( I was born in Ghana), and that meant getting up and going to the only African shop in the city. Better safe than sorry, so I paid it, including the cost of emails and phone conversations, even if I had a simple question that took a minute or two over the phone to answer.

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NYC 3.0

thebarefootvc

I shared it with incubators from Ghana to Nairobi , at the White House Treasury Department, and in Indonesia with business and government leaders on a delegation I was asked to participate in by the US State Department. Google continued to grow its NYC presence during this time. the list goes on and on.

Ghana 84
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Disrupting VC

thebarefootvc

However, while the cost of starting a tech company has plummeted this past decade, for the most part it still takes significant dollars to grow and scale game-changing companies. I helped launch NYCSeed in 2008 in response to the lack of seed funding available in NYC. Now we have an overabundance of capital at that stage.

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What is Brand Identity and How To Create a Great One: A Complete Guide for Marketers and Businesses (2019)

crowdSPRING Blog

Google’s USP might be in the way they connect people with information, whereas Amazon’s might be providing whatever product you need quickly, efficiently, and at as low a cost as possible. ” Divine’s chocolate is farmed by the Kuapa Kokoo cooperative in Ghana. Divine is following through on their promise in a very real way.

Marketing 162
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Out of the Crisis #11: Jeremy Howard on the power of masks, health policy, and data science in medicine

Startup Lessons Learned

In the time since our conversation, data and science have shown again and again that wearing masks is an incredibly effective, low-cost and simple way to prevent viral spread. So he said, "Okay, well you can look at all this human resources data for this mine in Ghana. When the thing has almost no cost, the potential upside is huge.