As part of the entrepreneurship series, the Yes Girls sit down with incredible women entrepreneurs to discuss the secrets of successful capital raising. This conversation features Diana Kanyi, Group CEO of Lerruat Hotels, Irene Wanjiku, CEO of Rexe Roofing Products, both ISBI alumni, alongside Olive Kirigo, Business Development Lead of ISBI.
Sponsored by:
Institute for Small Business Initiatives (ISBI) at Strathmore Business School, dedicated to igniting the potential of every entrepreneur in Kenya, from micro-preneurs to seasoned captains of industry. Tune in for details on how to get discount codes for upcoming programs (Limited-time offer).
Timestamps to Specific Segments:
(0:00) Introduction
(2:21) Meet Olive (ISBI), Diana (Lerruat Hotels) & Irene (Rexe Roofing Products)
(5:54) What is the meaning of capital raising?
(6:25) Irene shares her experience with capital raising
(7:31) Diana shares her experience with capital raising
(9:57) The Yes Challenge: ways a company can raise capital
(11:11) Akumu and Claire take on the challenge in a role-play format
(16:17) Olive gives feedback for the girls' capital-raising process
(18:31) Before family & friends: pre-orders by existing clients
(20:25) Olive gives a score for the Yes Challenge
(21:09) A critical step in capital raising: business finances
(22:28) How much should you put into your own business?
(24:47) The importance of getting things on paper via actual contracts
(26:33) Does every business need to raise capital?
(27:33) Reasons for raising capital vs. reasons for growing organically
(33:26) Top tips for new and aspiring entrepreneurs
(37:46) Venture capital & private equity options for Kenyan entrepreneurs
(40:55) Learning opportunities at ISBI focused on capital raising
(43:41) More information about ISBI at Strathmore Business School
(45:38) Connect with ISBI, Rexe Roofing and Lerruat online
(46:59) What Olive, Diana, Irene, Claire and Akumu have recently said "yes" to
Learn from these inspiring women as they share their valuable insights and experiences on securing funding for their businesses, when or if the time is right to raise capital, plus other top tips on how to stay afloat and successful as a business owner.
Join the conversation and get inspired to turn your entrepreneurial dreams into reality!
About ISBI:
ISBI offers innovative business programs designed to empower entrepreneurs. Their programs focus on practical skills and industry best practices, using real-life Kenyan examples to guide learning.
They emphasise immediate value for participants and foster a strong network among entrepreneurs. Their experienced faculty, with a deep understanding of the SME landscape, delivers interactive instruction that provides a competitive edge.
Important resources:
Learn more about ISBI:
https://isbi.or.ke/
Follow Olive Kirigo on Linkedin:
https://www.linkedin.com/in/olive-kirigo-67676111b/
Learn more about Lerruat Hotels:
https://www.lerruathotels.co.ke/
Follow Diana Kanyi on Linkedin:
https://ke.linkedin.com/in/diana-kanyi
Learn more about Rexe Roofing Products:
https://www.rexeroofing.com/
Follow Irene Wanjiku on Linkedin:
https://www.linkedin.com/in/irene-wanjiku-34a88461/
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