Africa State of Mind with Lee Kasumba: Business through Richard Branson's eyes

Richard Branson is an English businessman, investor and philanthropist., and founder of the Virgin Group, which controls more than 400 companies worldwide.

Branson speaks to Ugandan radio and TV presenter, writer and singer, Lee Kasumba about entrepreneurship and his own personal journey to becoming one of the most inspiring business magnates globally.

He offers other aspiring entrepreneurs advice on how to get started and become the best they can be in the world of commerce.

If you feel you have an idea that’s going to make a real difference to other people’s lives and if you feel nobody has done that particular idea really well then you basically have a business idea.

Richard Branson, business man, investor and philanthropist

Find good people who believe in your idea and gather them around you.

Richard Branson, business man, investor and philanthropist

He spoke about the time when Nelson Mandela asked him to come to South Africa and help out with creating jobs for South Africans. Branson says "who could ever say No to Madiba".

We didn't have much experience in health clubs and taking on 60 was a big challenge. The stuff at the health clubs was pretty fantastic.

Richard Branson, business man, investor and philanthropist

Virgin Active in South Africa is one of the shining examples of really good business.

Richard Branson, business man, investor and philanthropist

Kasumba also spoke to Sophia Ike-Onu, founder and CEO of The 5k Shop, a retail online fashion store called where all items are sold at a price cap of 5000 Naira - which is under R200.

Ike-Onu was awarded the British Council Enterprise Challenge 2016 for the work she did with The 5K Shop, which allowed her to be privately mentored by Richard Branson.

I grew up looking up to Sir Richard Branson.

Sophia Ike-Onu, founder and CEO at The 5k Shop

Ike-Onu spoke about how her The 5K Shop went from being a small business to a big retail shop. She says they now get their products locally instead of relying on imports.

What we do is we just monitor trends - and people want to look good for less.

Sophia Ike-Onu, founder and CEO at The 5k Shop

To hear more of this interviews with Lee Kasumba, listen below:


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