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Day 3 in Egypt – The Gloves Come Off

Day 3 in Egypt – The Gloves Come Off

Shama Kabani visits with young Egyptian entrepreneurs she and a group of fellow Americans and Danes are mentoring.

For two days, the young Egyptian entrepreneurs we’ve been mentoring have been focusing on business challenges my fellow U.S. and Danish delegates and I have given them. On the third day, we told them it was their turn to challenge us. We picked four of their suggestions, which we felt would apply to the majority of their fledgling companies. But they still had work to do—they had to come up with solutions.

The first group I met with had an excellent start-up idea revolving around group-buying websites. They didn’t have any business plan, nor a PowerPoint. They just had a really good idea with some sense of the direction forward. I decided that I wasn’t doing them any favors if my feedback wasn’t honest. I was straightforward. I told them that they must have their plans written down, that they had to answer some basic questions. When would they launch the website? When would they start to approach other businesses? To their credit, they took these tough questions in great stride. I introduced these eager entrepreneurs to a group I had worked with on Monday, the second day of this week-long experience. Monday’s group shared their plan with Tuesday’s, and my latest mentees seemed grateful.

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ABOUT SHAMA HYDER

She is the founder & CEO of Zen Media. She has been named the “Zen Master of Marketing” by Entrepreneur Magazine and the “Millennial Master of the Universe” by FastCompany.com. Forbes, Businessweek, and Inc have all recognized her as one of the Top 30 under 30 entrepreneurs in the field of marketing. Shama has built a global audience and is known for helping brands succeed in the digital age. She is a bestselling author, an international keynote speaker, and has been named one of LinkedIn’s Top 10 Voices in Marketing for four years in a row. Learn More

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