Harvard Business Review

NOVEMBER 23, 2010

The Conversation Blogs The Conversation Artisans Must Balance the Books 8:12 AM Tuesday November 23, 2010 by Ndubuisi Ekekwe | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print The boy was 11 years old when his father took him to live with a kinsman, a businessman with many shops in Lagos, Nigeria.

Books 13

Books Guidelines Banking Telecommunications 13

Harvard Business Review

NOVEMBER 23, 2010

He started very well, but as soon as his cash flow improved, financial burdens from family systems stifled his operations. As more people depended on him, he spent his working capital, and the business failed. Most African artisans do not bank because of the fees associated with operating current accounts.

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Books Banking Working Capital Finance 13

Harvard Business Review

SEPTEMBER 4, 2017

They’ve read Christensen’s book The Innovator’s Dilemma. Construction equipment and disk-drive manufacturing required heavy machinery, distribution facilities, and immense amounts of working capital. Asset-light businesses are not financed with debt. Naturally, the question is why. They are asset-light.

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Christensen Finance Innovation B2B 8