@Gitau : that is 'armature thinking'. when a bank wants to fund they ask for a proposal and a structure that shows you Idea gonna ripple the economies and return the cash they lend, and you seeking to convince them you put the idea as you seek to execute because if you don't do so then you got no funds. chances are they may never fund you. Now someone in the system should have seen the idea in plate and can re-fire it successfully to existence. I also like to remind you that we have Idealist (one who come with ideals but never run them) and we have starters(ones who only need to tell them something just something and they finish the rest). Open you mind dude stop sleeping...... On Mon, Feb 13, 2012 at 6:49 PM, John Gitau <jgitau@gmail.com> wrote:
Well if your idea was that easy to 'steal' then maybe it deserves someone else to implement it.
My take on ideas is they are useless until they find he right mix of people to work on them.
I can assure you people had ideas and have tried to have a system like umm pesapal or pesapoint or Sevenseas.
Funding ideas; just the idea no prototype, no way to validate it, no customer nothing! Doesn't make sense....even by equity...Not for me
Sent from my iPhone
On Feb 13, 2012, at 6:31 PM, Mickey Mickey <michaelakunga@gmail.com> wrote:
@Ken: YOU SPOKE TRUTH
On Mon, Feb 13, 2012 at 6:18 PM, Ken Yanski < <skunkazi@gmail.com> skunkazi@gmail.com> wrote:
This is just a harvesting house for ideas. They say they'll fund ideas and not businesses. What happens when they deny you then a few months down the line a new Equity subsidiary is launched with the idea of yours truly.
On Mon, Feb 13, 2012 at 12:25 PM, Agosta Liko < <agostal@gmail.com> agostal@gmail.com> wrote:
joram
besides a decent machine, you need food, shelter, clothing :)
for a team
On Mon, Feb 13, 2012 at 12:13 PM, Joram Mwinamo <<joram.mwinamo@gmail.com> joram.mwinamo@gmail.com> wrote:
In my experience working with entrepreneurs, financing is rarely the issue although it always manifests as the issue.
Especially for ICT products, what more do you need other than a decent machine and users?
Financing is good for scaling up not starting up........anyone who needs finance to start up may not be really serious about going into business
On Mon, Feb 13, 2012 at 12:09 PM, Antony Mwai < <antonymwai@gmail.com> antonymwai@gmail.com> wrote:
For the genuine Innovators, financing their ideas into reality is a major hindrance.
On Mon, Feb 13, 2012 at 11:17 AM, Maingi Njoroge <<njoroge.maingi@gmail.com> njoroge.maingi@gmail.com> wrote:
Ladies & Gentlemen,
The Other i was listening to the CEO of Equity Bank Dr. Mwangi and he Mentioned that the bank is in the process of setting up an innovation centre for funding ideas at yaya and back it up with a Kes 1B.
This will really be a major step forward for young entrepreneurs with bankable ideas.
This just made me think is Finance really the major hindrance to spurring innovation in Kenya and Africa generally as someone put are we all too much in to this culture that sees work as a curse to really innovate.
Maingi
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