What Nobody Tells You About Starting a Business Until It’s Too Late
By Sam Marcum
You won’t see it in the headlines or hear it in the accelerator pitch nights, but starting a business from scratch in cities like Accra, Nairobi, or Johannesburg means stepping into an arena where the rules don’t always apply and the wins come slow. What looks like momentum from the outside often hides chaos on the back end. People around you may nod approvingly at the concept, maybe even repost your launch, but execution lives in the shadows, where power cuts, shifting tax rules, and late payments threaten to knock the whole thing over. New business owners don’t fail because they lack ambition; they fail because nobody told them what actually eats a business alive.
Thinking You Can Outwork Bad Planning
There’s a quiet but powerful belief that enough hard work can cover bad structure. But working late into the night doesn’t fix a vague pricing model or the fact that you didn’t register your business correctly and now face a fine you can’t afford. Early hustle is important, but not if it replaces proper planning. If your operation relies solely on your stamina, then you don’t really have a business — just a personal marathon with no finish line.
Wearing Every Hat Until You Break
There’s this stretch where you’re everything at once: founder, accountant, delivery driver, customer care. You convince yourself it’s temporary. But months in, nothing changes because you never let go of control. Refusing to hire or even trade skills with someone else isn’t smart; it’s suffocating. You can’t scale when every decision waits for you, and every fire depends on you to put it out.
Ignoring the Technology That Could Save You
Too many businesses operate like it’s still 2004, scribbling expenses in notebooks, tracking stock with memory, and answering every inquiry by hand. Tech doesn’t have to mean fancy software with subscription fees in dollars. There are local tools, mobile apps, even WhatsApp integrations that can save time, reduce errors, and create structure where there was just effort. Delaying tech adoption isn’t frugal; it’s expensive in disguise. The time you waste adds up, and so do the mistakes.
Confusing Visibility with Viability
The illusion of being busy or popular is hard to resist. You might see your brand all over timelines, get tagged in stories, even attract media. But real business isn’t loud. It’s built quietly in delivery notes, return policies, and honest margins. If your operations can’t support the hype, that hype turns to smoke fast. Focus on building systems that work whether people are watching or not.
Chasing Investors Instead of Revenue
It’s easy to get caught up chasing grant announcements, pitching to funds, or trying to get that one VC to answer your email. But if the only money in your business is potential money, you’re gambling. The best feedback is still a paying customer, even if it’s your neighbour or cousin. Too many owners build presentations instead of products, chasing applause over income. A business should feed itself before it feeds an investor’s ego.
Misunderstanding the Actual Market
Founders often build for who they wish existed instead of who’s already here. They price for clients they hope to get, not the ones who are ready now. Whether in fintech, agri-tech, or energy solutions, ignoring how people buy and spend leads to beautiful solutions no one uses. Spend less time perfecting the pitch and more time talking to the people on the ground. They’ll show you what’s broken and what they’ll pay to fix.
Getting Addicted to the Grind Narrative
There’s this idea that you’re supposed to suffer for it — that exhaustion is proof you’re serious. But what good is a business that only works when you’re wrecking your health? Rest isn’t lazy; it’s strategic. If you can’t step away without the whole thing collapsing, then you’ve built a trap, not a company. Longevity doesn’t come from burnout; it comes from balance.
Most of the time, it’s not one big failure that ends a business. It’s the small ones you thought didn’t matter. The systems you didn’t put in place, the help you refused, the manual process you could’ve automated. Starting is brave, but sustaining? That’s something else. That takes structure, discipline, and a willingness to do the unglamorous work every single day.
Stay informed with the latest in finance, energy, and technology by visiting Markets Reporters for in-depth analysis and breaking news from across Africa and beyond!