Not So Secret Sauce S2 EP3: Unlocking The Power of Community Building Practice
Download MP3Not So Secret Sauce S2 EP3: Unlocking The Power of Community Building Practice
Andile Masuku, Head of Community at Founders Factory Africa hosts this episode of the community practice focused episode featuring Karl Nchite, Co-founder and CEO at CatalyzU, a fellowship created to ignite collaboration between Africa's next generation of venture capital leaders. Karl is also formerly ESG and Impact Manager at early-stage impact investor Goodwell Investments.
Nchite defines community as "a group of people who are connected by a shared purpose or interest, and who support and encourage each other to achieve their goals." He believes that community is essential for founders, as it provides them with a network of support, mentorship, and resources.
Nchite defines community as "a group of people who are connected by a shared purpose or interest, and who support and encourage each other to achieve their goals." He believes that community is essential for founders, as it provides them with a network of support, mentorship, and resources.
What to look forward to in this episode:
- Defining 'Community' [09:18]
- Packaging community practice at CatalyzU [10:13]
- CatalyzU's value add to the VC and startup community [17:33]
- The business case for leveraging community practice [19:16]
- The business model fundamentals of community practice [26:55]
- Growing a community vs. Competition for commercial success [29:35]
- Creating opportunities for mutual stakeholder benefits [36:46]
- Turning community practice into a profitable business [40:53]
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