In this episode, Hall welcomes John Oamen, Co-founder & CEO at CutStruct Technology Limited. 

CutStruct Technology is a proptech company aimed at unlocking the next one million homes in Africa by improving the construction business environment, leveraging technology as an enabler in the specific areas of how stakeholders buy, hire for, and manage their projects.

John is a strong believer in the process as the bedrock for all desired outcomes like cost savings, ease of doing business, efficiency in any area of endeavor, and particularly in construction. You arrive at the end goal by observing the day-to-day principles of success in any field. He believes people don’t get to their desired outcomes as a result of excessive focusing on those outcomes while ignoring the little details

He founded Faultless Finish Limited, where he built a project finishing reputation, establishing a name as an industry leader in finishing and home completion space.

As an aspiring business leader, he decided to apply to the illustrious Lagos Business School to hone his business leadership skills and network with other like minds and more established business leaders. He is a firm believer that we are more influenced by the company we keep more than most realize and makes a conscious effort to keep a strong network of game-changers at every point in his life.

A husband and father of 2, he believes in leaving every place in life better than you met it hence his favorite phrase “progress over perfection”. He also believes that children are an extension of their parents and are an opportunity for world improvement and so he spends a lot of his time teaching them life skills, ethics, empathy, and continuous improvement.

John discusses the state of investing in construction in Africa, the number of companies in the sector, the challenges they face, and his business model.

John can be contacted via email at john.oamen@cutstruct.com, via his website at https://linktr.ee/JohnOamen and www.livevend.com, via LinkedIn at www.linkedin.com/in/johnoamen, and via Twitter at www.twitter.com/johnoamen_e.   

Music courtesy of Bensound. 

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Deal flow is the lifeblood of startup investing.

It’s important to set up sources to provide quality deal flow on a consistent basis.

Here are the steps to set up your deal flow sources:

1. Map out the entrepreneurship and funding groups in your geographic area or sector.
2. Use the web and social media searches for an initial pass.
3. Check out universities for their entrepreneurship programs, including business plan competitions and accelerators.
4. Review the Chamber of Commerce for the trade associations for your area or sector to find programs related to startups.
5. Meet with venture capitalists, angel groups, and other investors in your sector or area.
6. Map out the accelerators, incubators, makers markets, and other groups that support aspiring startups.
7. Identify lenders such as banks, factoring companies, and equipment leasing companies, and more who may have deal flow.
8. Create and maintain a calendar of events to track their activities.
9. Reach out to those groups on a regular basis to offer support such as education, mentorship, and coaching.
10. Consider creating a newsletter to share with those in your sector or community to foster the relationship.
11. Follow up to support the best sources of deal flow and increase your engagement with those groups.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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Music courtesy of Bensound