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Their other posts in the index, biggest breakout first.
When your capital is beginning to compound, you'll find investors. One main thing we need to know about investors are investors are simply, for lack of a better word, just looking for returns. Risk-adjusted returns. I put in $1, I am going to get $2. So when people say finding investors is hard, it's generally of course harder in Nigeria because the supply is not a lot. Unlike if you're in the West. So it's harder. But you will still find, especially if you are having growth. So hence to any entrepreneur, the first thing you need to focus on is growth. Once you find growth, you will likely find people that are willing to fund you. Secondly is that, where do you get your first startup capital? In the case of Moniepoint or in case of my in my own case, I had some savings and immediately after I left the job, I I got a contract that gave us about 15 million Naira. So that was the work- that was the startup capital that we did. But this was this was 2019. 2019. So you know, 15 million Naira wouldn't even wouldn't have gotten you a microfinance license. Exactly then. So how did you Yeah, exactly. So how did you bridge that gap? So we began to take projects right from banks and that's why TeamApt was like, you know, was born because banks paid us upfront. When you take a project, 15 million Naira project, probably pay 40% upfront. So that allowed us to have some cashflow.