118 karma · joined December 12, 2011
Feel free to get in touch and we can see if something makes sense - hans@ilovezoona.com.
(Same goes for anyone else reading this! Depending on your interests, may be able to link you to a few other projects doing some interesting stuff)
When people need to be "available" while on vacation it usually means that there is way too much dependency on that person or insufficient knowledge-sharing. It shows the glaring holes on what's being hacked together and where systems can strengthen.
Sweat. If you have a shower at work then great. If not there's no reason to go full tilt on the way to work. Relax, go at a reasonable pace to avoid working up a major sweat. We have a shower at the office, but I rarely use it because it's not too hectic of a ride.
Store stuff at work. Drive into work on a Monday and bring clothes and stuff with you and store in a locker or somewhere at work. Then bike the rest of the days and drive home later in the week.
If you can leave your laptop at work the odd day.. you'll enjoy life at home that much more :)
Start with a minimal set of standards and templates and build up, rather than over-engineering and not getting anything done.
Evidence points to keep at it
A counterbalance to this though is that bright students are as much the product as they are the customers, especially in elite schools, where building up networks is a key driver of demand.
I worked on the Colalife project in Zambia via Zoona, a mobile payments company, and it's worth understanding how distribution of the product actually evolved.
Coke has enormous distribution into the farthest reaches of rural Zambia because there is enormous demand for the product, which Coke has achieved by its excellent marketing and a smart distribution model.
The Colalife project did great, entrepreneurial work to identify an issue and get a new medical product on the market, but it quickly found that distribution didn't happen by putting the product in coke crates as intended. When demand for oral rehydration salts/zinc increased, traditional distribution mechanisms took over -- boxes of the product making their way on trucks, bicycles, etc. There are things we can learn from Coke's marketing to help design solutions to social issues, but that's not the same as the consumer product itself contributing.
The article makes a good point that caring != ability to create something that produces social impact, but seems to miss the most important part: engaging with and actually understanding your customers, regardless of who they are. Caring itself is not a problem, it's that people conflate those good intentions with understanding, and since they care that is enough to push forward with an idea.
The missing principle, which is as true for affluent as well as disadvantaged customers, is to really engage with, understand and get feedback from your target market.
Zoona is a mobile payments company focused on helping small and medium businesses in Africa grow. We provide a payments platform, innovative financing, and data analytics to help people start mobile payment outlets and connect micro and small businesses to their suppliers and customers.
In 2012 Zoona closed a $4m Series A venture capital round led by Omidyar Network and Accion, and we've grown to process millions of dollars in payment value each month.
We're in a very exciting growth phase and looking for:
- Java Developers
- PHP Developers
- UI/UX Designers
- Data Scientists
If you're interested, I'm happy to chat more about the opportunities and the company: hans@zoona.co.za
Cape Town, South Africa
Zoona is a mobile payments company with a passion for helping businesses grow in Africa. In countries like Zambia (Zoona’s core market), businesses of all sizes struggle to grow because of challenges transacting in cash, low access to affordable finance and poor and unreliable data. We provide a payments platform, innovative financing, and data analytics to help people start mobile payment outlets and connect micro and small businesses to their suppliers.
In 2012 Zoona closed a $4m Series A venture capital round led by Omidyar Network and Accion. Zoona has grown to process millions of dollars in payment value each month in pursuit of its vision of Cashless Growing Businesses.
We're in a very exciting growth phase and looking for:
- Java Developers
- PHP Developers
- UI/UX Designers
- Data Scientists
If you're interested, I'm happy to chat more about the opportunities and the company: hans@zoona.co.za
Feel free to get in touch - hans@zoona.co.za
If you're in our part of the world, have skills in frontend development, java, or python, and you want to work at a fast growing mobile payments company, send me a mail (email on profile)
Renaming marshaling, couldn't tell you.
Cape Town, South Africa
Zoona is an African payments business with a passion for helping businesses grow by enabling “Easy Quick Safe” payments between Corporate Suppliers and Micro & Small Enterprises (MSE’s). In countries like Zambia (Zoona’s core market), businesses of all sizes struggle to grow because of challenges transacting in cash, low access to affordable finance and poor and unreliable data. By combining a set of affordable and accessible working capital finance products with a real-time, electronic payments platform, Zoona addresses real business problems with real business solutions.
In 2012 Zoona closed a $4m Series A venture capital round led by Omidyar Network and Accion, marking the first venture capital deal in a Zambia-based start-up, technology company. Zoona has grown to process millions of dollars in payment value each month in pursuit of its vision of Cashless Growing Businesses.
We're in a very exciting growth phase and looking for:
- Java Developers
- PHP Developers
- UI/UX Designers
- Data Scientists
If you're interested, I'm happy to chat more about the opportunities and the company: hans@zoona.co.za
Besides this, it's important to recognize the difference between identifying correlations and patterns in data vs understanding the mechanisms behind the phenomena. Krugman makes a strong point: "The problem is that there is no alternative to models. We all think in simplified models, all the time. The sophisticated thing to do is not to pretend to stop, but to be self-conscious -- to be aware that your models are maps rather than reality." [1]
Data-mining will help generate and support hypotheses, but this is complementary to model building.
The politics isn't perfect and economic diversification from mining is still only in it's infancy, but the trends are pointing in the right direction.
Zambia has been growing at 6+ % for 6-7 years, raised a massively oversubscribed bond issuance to invest in infrastructure, and a Transparency International corruption perception index score just shy of Italy's.
All of the things you mention are relevant, but things are changing more quickly than you would expect.
Suppose you start at $80k and work at the company for 5 years. After five years the strict 8-5 eng in your example is making $87k--barely keeping up with inflation--and the hard worker is making $101k. The total compensation difference over 5 years is $35k.
Unfortunately, real world compensation schemes often don't even work out as well as your example...