Hustle met with AfricaSokoni co-founder Fred Kirui to understand how they got their idea off the ground. The business model becomes your blueprint for growth. A business model is also useful as it outlines to any potential investor your company’s operational plan. We pitched for funding, and thanks to the clarity of our business model, were able to secure investment after agreeing on the terms of the return on investment. When it comes to the online business, you need as many customers as possible to boost conversion rates.
Source: Standard Digital May 16, 2018 08:48 UTC