Using the 19-hour flight from Johannesburg to reflect on the trip, I reflected on the things I learned on the trip (from my perspective and opinion, of course):
- Patience. South Africans, and Africans in general, have much more patience than Americans. While we can’t wait for the microwave to get done, Africans will walk miles just to check their mail.
- Complexity. Problems, especially very important world problems like HIV and poverty, are complex and inter-dependent with other issues. I used to think that you could keep asking “why” to get to the root cause of a problem. Now, I’m realizing that trying to solve certain problems this way can drive you into a crazy “chicken and egg” paradox. Underestimating the complexity of problems is a trap door for a business manager — especially, and international business manager.
- Importance of Education. I understand even more so now how important it is to invest in education. If you have a country where a large share of your citizens can’t read, write, use computers, or do simple math, your country won’t be a big player in the global economy — OR, you will have a wide gap between the very poor and very rich, without a vibrant middle class.
- Democratizing Capital. I belive strongly that for an emerging economy to become a world player, another requirement is that capital be democratized to citizens. In South Africa, for example, only 400 companies are listed on its stock exchange, and, of those, only 78 are small to mid-cap. And, a very concentrated number of banks and insurance companies hoard the economy’s savings in the form of insurance policies. Yes, the people need to be educated on equities, but until capital is broken up and available to South Africa’s new, talented entrepreneurs, the economy’s growth will continue to be dependent on legacy industries such as mining and agriculture.
- I’m going back. South Africa was very inspiring to me personally, and I really want to go back and experience more of the wildlife, culture, and business. For me, this was a survey trip. Once you go to Africa and see majestic animals, a sea of stars in the black night sky, the orange-tinged sunset over multiple horizons, the graciousness of the people, and the determination of the next generation, you’ll be hooked too!






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