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From Boardroom to Barstoll: My Journey from Corporate comfort to navigating realities in the…
- Starting Kairos was a calculated risk fueled by a deep understanding of the market, experience in strategic planning.
- Securing financial support was the biggest hurdle while bureaucratic hurdles ceased to end in getting renovation permit approval.
- Many entrepreneurs across Uganda fight the similar battles, stifling promising ventures by a lack of financial support and excessive bureaucracy.
- The entrepreneurial ecosystem, especially when it comes to financing, isn’t designed to take risks on ventures that don’t fit traditional molds.
- The reality is that banks and funds need to develop specialized sections focused on analyzing such ventures, not by their current assets but by their potential for growth, scalability, and impact.
- This struggle has been a humbling experience, full of uncertainties, but with unwavering commitment to make Kairos a success.
- Uganda needs impact funds that are designed to support ventures in the ideation stage, ventures that aren’t collateralized but have a clear growth trajectory.
- The entrepreneurial spirit is the way forward not just for entrepreneurs, but for many Ugandan youth, contributing significantly to the economy.
- Every setback has shaped the strategic thinking, honed business instincts, and reinforced the determination to succeed.
- This isn’t the end of the story it’s just the beginning.
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