$100 Million Business | Marek Zmyslowski, Investing in Africa

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May 5, 2020

$100 Million Business | Marek Zmyslowski, Private Investor | Top 10 Person in Tech | Co Founded Jumia Travel

Marek Zmyslowski, spends his life between Barcelona and South Africa. Marek is an accomplished leader and entrepreneur. His home is Africa but he is polish born. He co-founded Jumia Travel – Africa’s Biggest Hotel Booking Portal listed on NYSE as part of Jumia Group and HotelOnline.co – a Travel Technology Company. In 2014, he was chosen as one of the Ten Most Important People in Tech by IT News Africa Magazine. He is a Lead Mentor at Google’s Launchpad and World Bank’s XL Africa Program.

 

From a bullied child, he became successful and was able to buy a fancy car and drive it back through his old neighbourhood. Now in business he often looks to hire people who were raised in spots as they are disciplined or people who were bullied as they have a drive that is unmatched. Marek also speaks about increasing your chances of success by having your hands in many things and then doubling down on the one that is taking off. He thrives at the first stage of a business 0 – $1 Million then delegates as much as possible from $1-10 Million, he is always looking for the unfair advantage.

Marek has a great ebook available on his website “Chasing Black Unicorns. How building the Amazon of Africa put me on Interpol Most Wanted list”, you can find the link to his ebook in the resources.

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In this episode, Steve, Mary, Richard, and Marek discuss:

  • You need to have your hands in many things
  • The further you are in business the more opportunities you have
  • Launched a new product in telemedicine in a few days
  • Always looking for the low hanging fruit

Key Takeaways:

  • More opportunities – more chances for success
  • Leverage relationships
  • Partner with the right people

Best Advice I Ever Received:

“Don’t listen to too much advice”

Best Advice I’d Give To Someone Who Wants To Build A $10m+ Business:

In order to get from $1 mIllion to $10 million, you will have to unlearn many things that got you from $0-$1 Million

 

Connect with Marek:

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