Small businesses are the drivers of any economy. In our opinion they are the mainstay of capitalism / societal economic development, creating wealth while closing the employment gap in the society. However, as much as a great number of small businesses exist in the developing world, a huge percentage of them barely succeed owing to several inhibitors. And even when some of them succeed, they barely grow beyond mum and pop level mainly because of omission of some “common sense” secrets that are not necessarily taught in schools but one has to pick up along the way. It is for this reason and more that we will be sharing some nuggets to help small businesses not just to survive but to thrive and attain their full potential.
Below are Cowryvest articles on Small Business Nuggets for your reading pleasure. Click on any of the links to read:
Discover 5 powerful business lessons from Richard Branson’s 50+ years of entrepreneurship—from starting small to embracing failure, building with people, and staying curious.
A deep dive into Austin Avuru’s timeless lessons on entrepreneurship, investing, corporate governance, scaling businesses, family offices, and legacy building.
Austin Avuru (Seplat Co-Founder): Lessons on Personal Finance and Investments
Many small businesses fail despite being profitable. Learn why cash flow matters more than profit and how poor cash management destroys growing businesses.
Many small businesses fail because owners withdraw profits too early. Learn why reinvesting, building equity, and timing leverage drive long-term growth.
Learn how Government Bonds work in Africa, their benefits, risks, and how they fit into your portfolio as a passive investment option for your small business when you have funds that may not require immediate or short term need. Let such funds earn interest while awaiting deployment back into your business.