Related NewsKashifu Abdullahi, has tasked Nigerian startups to prepare for more innovative ideas while the world is fighting the COVID-19 pandemic which is ravaging the global economy.
According to the DG, COVID-19 is going to change the entire technology and economic activities in the world, and industries around the globe will be disrupted with many innovations. “Things are not going to be the same after the pandemic. The world economic order is going to change. A lot of industries are going to be disrupted. Startups should be ready to embrace the inevitable change,” he said.
“You can grow your startup to become a unicorn within short period by following the playbook successful startups had followed. It is a 3 simple rules; firstly, they begin with a plan to disrupt an existing industry; secondly, they inject capital to grow as rapidly as possible and; thirdly they tolerate high risk in a rush to conquer and dominate market segment.
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