How to turn your failures into successes:
Terry Macharia is at the top of her game as a successful, female tech entrepreneur and engineer. Her company,, based in Nairobi, Kenya, provides customized software and cyber-security solutions. It’s a good field to be in. Nir Kshetri, writing in the Journal of Global Information Technology, puts the costs of cyber-attacks at $3.5B annually in Africa and notes that cyber-crime is growing in emerging economies as more people come online.
Despite the pain of it, there is good reason to celebrate failure. Macharia knew what mistakes to avoid this time around. First, as simple as it sounds, recruiting needs to be done based on competencies and not friendships. You may be thinking to yourself that of course you hire on skills, but think deeper. How did you meet your first hires? Were they your friends? Or friends of your colleagues? Before your brand has any equity, personal relationships are your best bet at hiring top talent.
But, like almost a quarter of all startups, people issues were the final nails in the coffin. Internally, and at a board level, there was no clear decision-making process. This led to unsolvable conflicts of interests. Macharia and her partner knew that they had to make bold decisions, but in the end, the only one they could make was to go their separate ways.Terry Macharia
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