Africans in Germany who would like to acquire business and financial skills to become successful investors are encouraged to attend the Business Training & Networking Masterclass in Nürnberg.
The Masterclass to be conducted by Steve Odhiambo, an award-winning entrepreneur and innovator will focus on main principles of business and what it takes to build a sustainable business.
Participants will be provided with investment training in the following areas; how to study trends in the market; how to spot business opportunities; how to calculate ROI (return on investment); how to minimize risk and maximize returns; and how to fund a business venture.
“We also talk about how to get into the mindset of an investor. The tools and skills that you will learn at this Masterclass will enable you to make sound business and investment decisions,” Mr Odhiambo says. “After all is said and done, it is up to you to act. Immediate and decisive action yields the best results. So the next time you’re considering making an investment in Africa, you can confidently do so knowing you have all the facts and figures.”
According to the World Bank, Africans in the diaspora sent a total of $ 32.5 billion in remittances to their countries of origin in 2015.
The average African living in the diaspora is actually an investor by default. However, due to lack of business knowledge and relevant market information, many may not be in a position to act as such.
Africans in the diaspora end up falling victim to scams where they eventually lose their money. Or in cases where the projects do take off, they incur heavy losses due to mismanagement and improper planning. Hiring family members, with little or no experience in running a business, instead of skilled personnel is a common practise. When the business venture eventually fails due to obvious reasons, many Africans living abroad suffer emotional stress resulting from disputes or even fallouts with very close family members.
Mr Odhiambo is the CEO of ukowapi UG and also serves as the COO of PRO-DATA GmbH i. Gr. He successfully raised over € 200,000 in funding for both businesses, and has vast experience in building a sustainable business from idea to execution.
The Business Training & Networking Masterclass by Steve Odhiambo will be held on 6th May 2017 from 10:00 – 18:00 at the Technische Hochschule Nürnberg Georg Simon Ohm, Keßlerplatz 12,
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