EPISODE · Jan 24, 2017 · 21 MIN
Ep30: Okafor's Law and it's relevance to Business
from The Afropreneur Show · host The Afropreneur
Our Nigerian listeners would have probably heard it at one time or the other. Okafor's law is the law of “repeatable” action: If you have done something once, you can do it again. If you have been somewhere before, you can go there again. Many businesses owners feel that since a business strategy worked for me yesterday (or over time), the same strategy will remain effective tomorrow and in the future. This leaves us with a lot of businesses/companies stagnant, failing to compete with more innovative companies and dying off slowly.
What this episode covers
Our Nigerian listeners would have probably heard it at one time or the other. Okafor's law is the law of “repeatable” action: If you have done something once, you can do it again. If you have been somewhere before, you can go there again. Many businesses owners feel that since a business strategy worked for me yesterday (or over time), the same strategy will remain effective tomorrow and in the future. This leaves us with a lot of businesses/companies stagnant, failing to compete with more innovative companies and dying off slowly.
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Ep30: Okafor's Law and it's relevance to Business
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