Award-winning entrepreneur Andrew Mupuya was just 16 years old when he decided to take on the world. That was back in 2008, when both of Mupuya’s parents had lost their jobs and could only afford to cover his school fees. “I had to get to meet my basic needs by myself,” remembers the Ugandan businessman. “I decided to face the world alone.”
Inadvertently, the government of Uganda came to Mupuya’s aid. At the time, officials in the country announced that they were considering a ban on plastic bags to curb environmental damage. Mupuya, who was still in secondary school, immediately saw this as an opportunity to launch a paper bag production company. “I conducted a feasibility study, market research around retail shops, kiosks, supermarkets around Kampala and discovered there is need and potential market for paper bags.”
To start out his small operation, Mupuya figured out he needed a capital of 36,000 Ugandan shillings ($14). He raised the first $11 from selling 70 kilos of used plastic bottles he’d collected over one week. Mupuya then borrowed the remaining $3 from his school teacher and embarked on his entrepreneurial journey producing paper bags on a small scale. Since then, the business has grown extensively and today, at the age of 21, Mupuya is the owner of Youth Entrepreneurial Link Investments (YELI), the first registered Ugandan company to make paper bags.
Posts tagged as “Samsung”
On July 4, Jay-Z’s new album “Magna Carta Holy Grail” will be released, but not through the usual online and physical music stores. It will be released to a million people who didn’t even know they had bought the album — that’s because Samsung has bought it for them.
One million Samsung Galaxy S3, S4 and Galaxy Note II owners will get the album 72 hours before it is available to everyone else. Starting on June 24 users will be able to download the “Magna Carta Holy Grail” app via the Android Google Play Store then on July 4 if you were among the million chosen the free album will appear in the app for your listening pleasure.
Samsung says that the million chosen will have to have already downloaded the app. The app will only be compatable on the select Galaxy S3, S4 and Note II phones and won’t work on other Android phones, says Samsung. The company hasn’t released numbers on how many of those three phone models have been sold, but in May it announced it had sold 10 million of its new Galaxy S4. For those who aren’t selected to get the full album, the app will also have an “unprecedented inside look into the album, personal stories and inspiration.”
Samsung has reportedly paid $5 for each album, totaling $5 million for the exclusive. It also means Jay-Z has sold a million copies before the public has heard a note of it.
[youtube http://www.youtube.com/watch?v=B–ZARCwSIE&w=560&h=315]
But since the Samsung marketing deal was announced on Sunday night during the NBA Finals over 5 million people have heard a teaser of the album. A video which ran first during the basketball event and then was posted to Samsung’s YouTube channel, which shows Jay-Z collaborating with others in the studio, has made its way across the Facebook and Twitter. As of today, 10.5 million people had watched the above via YouTube.