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Shola Adekoya, CEO of Konga defends his company. Your thoughts?

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@seyitaylor wrote:

This is what he posted. What do you think?

Phew! What a long week! E-commerce commentaries and calculations left right and centre! My perception about some smart “experts” has changed while my respect for particular individuals who you would have called “non-experts” has gone through the roof.

Having read a lot of posts and seeing that no one hit the nail on the head.... I will like to throw a little spanner in the works (see chart on our growth in tough times)!

KONGA is a beautiful engine.... roaring even in difficult times! Our business model is not setup for short term gains but focused on fixing core issues and providing real solutions and we believe that we will ultimately get rewarded for adding value (Difficult to grasp in a short term minded environment). Over the last week, it seemed as though everyone was on the prowl to take a stab. But I respect that, you have to be tested and questioned at different times.

Even though we are a commercial entity, our intention has always been to bring a way of life and service that makes things smoother and improves quality of life in Nigeria and Africa at large,.….(reminds me of how some people also dream of a Nigeria with 24hr power). I didn’t come back from the UK only to take up a nice job, neither did I leave my cozy telecom role to join a great startup like Konga (where we built processes from scratch without a playbook) without the conviction that we could make a difference in the society.

Have we grown? Absolutely! Do we believe in our dreams! 100%! Are we perfect? Nah! but we are constantly improving our services and not resting until the last customer is happy. Our customers have in turn responded by doing more transactions than seen in many other countries and sites (Amazon, Flipkart, ebay all included)….just to throw some light on our DELIVERED revenues have trended in a Nigeria going through RECESSION, please see attached image! These numbers come with stronger margins than we have ever done in the past.

Make what you want of this chart! I just love numbers........they speak louder than words.

Konga’s future is bright…...my genuine fear is not for Konga but for Nigeria and Africa…our deep issues lie elsewhere and not in ecommerce or the size of Konga’s customer base! Only time will tell!

I hold my peace in a world where the value of what you bring to the table is not assessed by those that you serve!

Enough said!!!

https://www.linkedin.com/pulse/my-take-konga-shola-adekoya

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