Yaw Benneh Amponsah, MD, Merson Capital Limited, Ghana
Yaw Benneh Amponsah, a successful investor from Ghana who will shed light on the do’s and don’ts to provide you with that required extra-edge in the world of entrepreneurship.
Podcast
Overview
Whether you are an entrepreneur, an investor, or someone who is just starting out, or is thinking about it, there are always roadblocks that sometimes not only become bothersome but also force you to give up. But that is how the world of money is, no risks no profit; no ideas, no hits!
But just having a solution to a problem and thinking about developing a whole profitable business out of it, only sounds good in books, to do it practically that too successfully is an uphill task.
While there is no shortage of ideas, the difficult part is its execution. Understanding the flow of money and having investors on board becomes a nightmare for people who want to enter the world of entrepreneurship.
Though no amount of help can lessen the scare, the right guidance can definitely decrease the chances of faltering when one hits a roadblock.
There are endless questions when you decide to quit a job, start something of your own; and apparently, there is no one to answer!
But we’ve got you covered.
We have with us Yaw Benneh Amponsah, a successful investor from Ghana who will shed light on the do’s and don’ts to provide you with that required extra-edge in the world of entrepreneurship.
About:
Based out of Ghana, Yaw Benneh Amponsah who has led Merson Capital since the start has previously worked as the Chief Finance Officer at Geodrill Limited.
He was also involved in the founding and listing of other companies like Azumah Resources Limited and Castle Minerals Limited on the Australian Stock Exchange.
He holds a BSc in Business Administration from the University of Ghana and a PGDip Financial Strategy from Saïd Business School, Oxford University, UK.
Discussion:
Amponsah who is a firm believer in working for the community and impacting it has shared his philosophy of investment, start-ups, and about himself.
Hailing from Ghana, Amponsah has worked to better the start-up ecosystem in the country. He also shares his learning during Pandemic and the mistakes that he made.
Amponsah says that while he underestimated the challenge, he worked with the right people who had the right skill set which became a blessing in disguise for his venture.
Talking about the developments of his own country, Amponsah also points out that while Ghana lacks a formal ecosystem for startups, they are now developing an ecosystem with better political stability, a better judicial system that protects property rights.
He says the people residing in Ghana and those investing from foreign countries are more confident due to a friendlier jurisdiction and the protected ownership rights.
He further explains what are the do’s and don’ts when deciding on investment or working on a start-up.
He also shares his key metrics and the projects that he regrets missing. He has also shared his thoughts about bootstrapping and raising money and has highlighted the point of surrender where the owner should seek external validation.
‘Making a decision is not only about having information, but you can also still end up making a wrong one’, he added.
Amponsah who is determined to work for the betterment of society feels, ‘money is a by-product of who you really are’ and hence suggests people work for the ‘real impact’ and adhere to their core values.
More About Amponsah
Yaw Benneh-Amponsah is also a transaction advisor and serial entrepreneur is also the Executive Director of Personnel Practice. He comes with a 20-year-long experience in Human Resource Management and Finance.
Prior to founding Personnel Practice, he was an HR Officer with Stanley Mining Services Ltd and West African Drilling Services Ltd during which he also started the little ventures that he feels have helped him a lot in growing.
Profile
Based out of Ghana, Yaw Benneh Amponsah who has led Merson Capital since the start has previously worked as the Chief Finance Officer at Geodrill Limited.
He was also involved in the founding and listing of other companies like Azumah Resources Limited and Castle Minerals Limited on the Australian Stock Exchange.
He holds a BSc in Business Administration from the University of Ghana and a PGDip Financial Strategy from Saïd Business School, Oxford University, UK.
