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#DidYouKnow - Tweets with images receive 150% more retweets, 98% more favorites and 18% more clicks.
We're busy going through all the Branson Centre of Entrepreneurship - South Africa competition entries... We...
By using stock photos on your website, you can get a professional look without having to pay photography fees -
Looking for FREE #stock photos? This is the best online library we've found:
Looking for FREE stock photos to use on your website? This is one of the best free stock photo libraries we've...
. @GoogleSA are now penalizing websites that are not mobile friendly. Follow this link to see if your website is:…
A before and after overview of a recently published website, built on our web-building platform:…
For only R199 per month, you can get a responsive website that look as great as these examples:
New signage in our boardroom!! Also, anyone keen for some boardroom table tennis?
. @KFMza speaking of websites for small businesses - try this award-winning, @CapeTown-based website builder:
Feeling creative? Why not try your hand at creating your own website - or get an Account Manager to do it for you.
Your browser extensions could be slowing down your internet browsing experience.…
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DID YOU KNOW: Your browser extensions could be slowing down your internet browsing experience. Here's how you...
Thanks @iamwallace for sharing @vigocms's lessons! Our favourite quote from your talk "DO IT! DON'T QUIT!
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Our CEO chatting with some of the LaunchLab entrepreneurs after his talk today.
And that's a wrap from @iamwallace at @TheLaunchLab. If you have any more questions regarding start-ups or VIGO, feel free to tweet us!
Hiring the right staff can come at a high price - make sure you keep them motivated and that they buy into your vision.
At start-up level, hiring the right people is very important - especially to get them to form part of your start-up culture.
Investors hate spending money on marketing - have a market before approaching them.
Take the prototype of your start-up and work with partners who can help you create a market for the idea before going to an investor.
A lot of clients will pay more for VIGO than other competitors because they like to deal with African people who speak their language.
A lot of time has been spent on deciding on VIGO's pricing structure - some competitors are more expensive while others are cheaper.
Microsoft Azure is one part of our partnership with VIGO, but they are also helping us to drive into Africa.
The conversion rate is people who try out the product vs the ones who become paying clients.
It took about 8 months to sort out the problem with initial VC's.
Now the floor is open for questions.
An advisory board is very important in a start-up. A great way to get key people involved without paying directors salaries.
Building partnership relationships is key to the growth of any start-up.
VIGO was developed by Africans, for Africans - you can create a website on your mobile phone.
Most of our competitors are not mobile friendly and do not understand the African landscape.
80% of start-ups in Africa fail due to lack of knowledge and access to platforms and services.
Find mentors in different aspects of your business and your life - finance, future planning and someone in your personal life.
Get the best mentors you can find - you can have the best product with loads of money, without mentors you will struggle as a start-up.
Your business model should not be set in stone.
Revisit your business model regularly. VIGO's business model changes often as the company scales and problems pop up.
Your Venture Capitalist is there to stay - choose him/her clearly. They need to understand your company and your industry.
Due Diligence is a lot more work than I ever realised. Most start-ups never consider this when trying to raise capital.
Start-ups often overlook the Due Diligence process.
once all of that has been done, you are ready to look for funding.
Stop chasing the money. Get your product out in the market. Build the right partnerships. Test and re-test your business model.
For every round of funding, you'll lose a part of your business - only take what you need, when you need it.
There is such a thing as too much funding.
Capital is available for growth-funding, so focus on growth instead of looking for seed funding only.
Raising capital is nearly impossible - in the USA only 0.06% of start-ups receive seed funding.
Failure is not the end - it is a turning point. Keep going, tweak the business model into something that will work.
We the started GrowAfrica which gives youth a chance to create websites with VIGO for companies who do not want to do it themselves.
We also learned that many people in Africa are not inclined to create their own websites - a massive problem as VIGO is built on that idea.
A big failure of VIGO is that it never worked on mobile devices - we fixed that problem and learned from it. It allowed us to go into Africa