Ep30: Okafor's Law and it's relevance to Business

24/01/2017 21 min
Ep30: Okafor's Law and it's relevance to Business

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Episode Synopsis

Our Nigerian listeners would have probably heard it at one time or the other. Okafor's law is the law of “repeatable” action: If you have done something once, you can do it again. If you have been somewhere before, you can go there again.

Many businesses owners feel that since a business strategy worked for me yesterday (or over time), the same strategy will remain effective tomorrow and in the future. This leaves us with a lot of businesses/companies stagnant, failing to compete with more innovative companies and dying off slowly.