Not So Secret Sauce S2 EP3: Unlocking The Power of Community Building Practice

Andile Masuku, Head of Community at Founders Factory Africa hosts this episode of the community practice focused episode featuring Karl Nchite, Co-founder and CEO at CatalyzU, a fellowship created to ignite collaboration between Africa's next generation of venture capital leaders. Karl is also formerly ESG and Impact Manager at early-stage impact investor Goodwell Investments.

Nchite defines community as "a group of people who are connected by a shared purpose or interest, and who support and encourage each other to achieve their goals." He believes that community is essential for founders, as it provides them with a network of support, mentorship, and resources.

What to look forward to in this episode:

• Defining 'Community' [09:18]
• Packaging community practice at CatalyzU [10:13]
• CatalyzU's value add to the VC and startup community [17:33]
• The business case for leveraging community practice [19:16]
• The business model fundamentals of community practice [26:55]
• Growing a community vs. Competition for commercial success [29:35]
• Creating opportunities for mutual stakeholder benefits [36:46]
• Turning community practice into a profitable business [40:53]

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Connect with Karl Nchite on Linkedin

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