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Motivational Video: Lessons Learned from High Growth Businesses

Provided by the International Finance Corporation


Learn from inspirational high growth businesses how they turned challenges into success in their emerging markets. While most come from the Middle East and North Africa region, their lessons learned resonate with any entrepreneur globally.


1. The OPPORTUNITY OF CHALLENGES

Each and every high growth entrepreneur has cut their teeth on the challenges they encountered when they started their businesses. In this segment, six leading entrepreneurs explain how their approach to challenges became a key to their success.

2. BUILDING THE RIGHT TEAM

Khurram Mujtaba, CEO of Moftak Solutions is not impressed when businesses boast about the million dollar inventories stored in their warehouses. “The real capital in any business is the human resource,” he emphasizes. “If you are able to put together the right team, with the right caliber and dedication, you can achieve anything,” Mujtaba asserts. Seven entrepreneurs agree that finding talented and hard-working employees is the key element to building a successful and sustainable business. They then share how they did to eventually find such talents.

3. FINANCING

Money makes the world go around. But how do you find it? In emerging economies there is often a lack of angel investors, Venture Capital firms or banks willing to invest in SMEs. High growth entrepreneurs specialize in thinking outside the box. Find out what they came up with.

4. DEFINING STRATEGY - THE NEW BUSINESS PLAN

New entrepreneurs, new approaches. Traditional written business plans may be too old-school for many entrepreneurs…or not. As entrepreneurs in this segment illustrate, what matters first is to have a sound vision and strategy.

5. NETWORKING and VISIBILITY

Visibility is not vanity, its survivability. It leads to more business, to more success and to sustainability. As they join networks, entrepreneurs have watched their footprint extend beyond their local business community into valuable new regional and global markets.

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The material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law.  IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or  liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon.

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