THE IDEAL STARTUP
BY NICHOLAS ARUHO
The Ideal Startup by Nicholas Aruho is a book
about entrepreneurship. It centers on startups in specifically African third world countries.
It articulates practical strategies and steps of starting, prospering and
sustaining a startup. It talks about a number of topics including but not
limited to, coming up with startup ideas, raising of capital, book and record
keeping, legal aspects of the business, making and leading a winning team,
making and presenting a winning pitch deck and business plan.
With the field of
business literature being flooded with mostly books from foreign countries, The
Ideal Startup attempts to bridge the gap by providing content of relevance to
the African third world countries like Kenya and Uganda.
The biggest win
for this book is its practicability in its targeted market. The statistics and
even the referenced businesses are of those within or at least began within the
boundaries of this African third world countries. There is clear evidence of
thorough research put into the content to validate the stated facts. Also, the
author having a background in business professionally with a good number of years
of experience gives the book some authority.
The book is well arranged
systematically with the ideation process and raising of capital starring the
opening chapters. The jargon used is technical yet simple making it easy to
understand for anyone who can read English. The book is well structured and
designed right from the cover page to the content pages.
Whereas the
localization is a plus, it is like a two-edged saw, it cuts on both sides. Reading
the book even as a Kenyan, in some section of the book I felt left out. Especially
the pages dedicated to the legal aspects of the books. The pages were solely
based on the Ugandan ways of paying the taxes and the responsible authorities,
this was a turnoff. Good thing these contents comes towards the end of the book,
I would have snapped out of my reading had it been at the beginning.
There are a number
of favorite lines or statements I picked from the book. Maybe just to point out
a few of them;
“Starting is about experimenting and
finding out what works and what doesn’t work. You should be quick to discard
what doesn’t work and adopt what works.”
“Innovators should not fear bringing in
other partners in the business as long as such partners are vetted and come
with complimentary skills. You are better off owning a small part of a bug
business than owning 100% of a small or failed business.”
“Pitching is like selling and therefore
you should expect to be rejected many times. What matters is t stay positive and
keep trying.”
“in the end, all entrepreneurs are in
the service business, because even if you are selling a product, the service
offered while selling to the customer is the one that will determine whether
the customer will come back or not.”
“in the words of
Andy Stanley, leaders who don’t listen will eventually be surrounded by people
who have nothing to say.”
Above all, I definitely
enjoyed reading this book. It was very much enlightening. To you who is
planning to start a business, to venture into entrepreneurship or you already
have, and you are from Kenya, Uganda and largely African countries, I confidently
recommend this read. Good thing it is well distributed across different
countries and the pricing is quite affordable. I bought mine at 1,300 Ksh from
Nuria store. You can get from them or check from your local store.
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