StartupFactory Ethiopia

Startup Factory Ethiopia is a venture builder with a mission to build innovative, scalable and investable ventures with exceptional entrepreneurial teams. In order to achieve our mission, we have structured an approach to address the prior challenges grounded in 5 guiding principles EXCEPTIONAL COMPANIES START WITH EXCEPTIONAL TEAMS WHAT DOESN’T GET MEASURED DOESN’T GET DONE PICK YOUR BATTLES OUTSOURCE THE NON-ESSENTIALS FAIL CHEAP, FAIL FAST, ITERATE, REPEAT UNTIL SUCCESSFUL These above guiding principles will then inform the ideas we will choose to turn in to the companies we will build. Our selection of talent and idea goes through a rigorous process where 1. High potential talent sourced from personal networks, select schools and multinationals 2. World class training on structured problem solving, entrepreneurship, lean startup methodology and basic business skill 3. On going coaching, mentorship, skills development and access to new networks throughout lifetime of company 4. Apprenticeship under experienced entrepreneur that allows for progressive ramp up of management responsibility