• #026 Melvyn Lubega of GO1 | What It Takes to Build a Unicorn in Africa

  • Jan 9 2025
  • Length: 59 mins
  • Podcast

#026 Melvyn Lubega of GO1 | What It Takes to Build a Unicorn in Africa

  • Summary

  • In this episode, Melvyn Lubega, co-founder of GO1 and partner at Breega, shares his remarkable journey of building South Africa’s first unicorn company. He dives into the highs and lows of entrepreneurship, the lessons learned along the way, and how a commitment to solving African challenges with technology has shaped his career.

    Highlights

    🌍 Building a Unicorn: Melvyn details how GO1 grew into a $2 billion company, attracting $450M in investment from global giants like Microsoft Ventures and SoftBank.
    📈 Scaling with Purpose: From humble beginnings to employing over 800 people globally, Melvyn shares the inflection points that fueled GO1’s growth.
    🤝 The Power of Partnerships: Learn why Melvyn believes in co-founders and teamwork as crucial for success in entrepreneurship.
    💡 Solving African Problems with Technology: Melvyn discusses his vision of creating businesses that tackle Africa’s unique challenges while generating impact and opportunities.
    📚 Lessons in Lifelong Learning: With a strong emphasis on education, Melvyn explains how GO1 is reshaping professional learning worldwide, likening it to a "Spotify for education."
    🎯 Preparation Meets Opportunity: Melvyn reveals how being ready for key moments, like pitching to Microsoft, played a pivotal role in securing major investments.

    Key Insights

    🛠️ Building for Scale: Success doesn’t happen overnight. Melvyn emphasizes the importance of grit, adaptability, and a focus on solving real customer problems to scale a business.
    📊 Luck Meets Preparation: While luck can open doors, preparation ensures you’re ready to walk through them. Melvyn highlights how this mindset helped GO1 secure key partnerships and funding.
    👥 Co-Founders Matter: Melvyn underscores the value of having co-founders, especially during challenging times, to balance skills and share the load.
    🌱 Creating Jobs Through Innovation: With a mission to create 100,000 jobs, Melvyn showcases how businesses can drive social impact alongside profitability.
    🌈 Vision for African Entrepreneurship: Melvyn shares his hope for a future where African entrepreneurs create global solutions while championing the continent’s potential.
    🧵 Adapting Your Offering: GO1’s shift from providing a learning platform to aggregating world-class content underscores the importance of listening to customers and evolving based on their needs.
    📱 The Importance of Marketplaces: By creating a content marketplace, GO1 connected creators and consumers, boosting value for all stakeholders and driving revenue growth.

    Vision for the Future
    Melvyn Lubega envisions an Africa where technology drives education, opportunity, and impact. His story is a testament to what’s possible when passion, purpose, and preparation align.

    Whether you’re an entrepreneur, a technologist, or someone passionate about Africa’s growth, this episode will leave you inspired and equipped to take bold steps toward your goals. 🎧

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