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*Strive Says He Was Offered MacDonald's Franchise And Declined* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ui Zimbabwean-born billionaire and philanthropist, Strive Masiyiwa, has revealed that he turned down an offer to establish famous fast-food company McDonald’s in Africa. Masiyiwa claimed that the offer came whilst he was battling the Zimbabwean government for a telecoms licence, which he eventually won to establish Econet Wireless. Writing of Facebook, he said: ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > Years ago, when I was fighting for the cell phone license in Zimbabwe, a friend of mine who ran Coca-Cola Africa, heard about my plight, and made me an interesting offer: > “McDonald’s is looking for a master franchisee for Africa. I would like to put forward your name. You will have to go to their university for a year.” > I declined the generous opportunity. I only had one regret from my decision: > This was the equivalent of a young soccer player from a small African team being invited to train with Barcelona for a year! It would have honed my craft skills as an entrepreneur. There are about 40,000 McDonald’s restaurants worldwide. Just imagine what it takes to build an operation like that? > Although I turned down the opportunity, I was intrigued by the franchise model and began to study it closely. I later used it to when launching Econet stores. There are some of you struggling with any of the following challenges: > #1. You do not have the capital to start and expand business; Or #2. You don’t know how to run a big business with more than one outlet; Or #3. You don’t know how to innovate a product or service continuously to keep customers interested; Or #4. You don’t know how to attract the best people to join your business; Or #5. You want to be an entrepreneur but you are risk-averse. > The answer for you lies in franchising from a tried and tested business with an established brand. Franchising opportunities [as a franchise] are found in almost every industry. If you are shrewd, you can develop your business as a franchisor, and use other entrepreneurs and their capital to grow your business. *Related:* *Strive Masiyiwa Bringing Over 100 Electric Vehicles To Africa* *Vaya To Introduce Tractor And Ambulance Services* *Econet Related Company, Cassava, Buys MARS Ambulance* *Masiyiwa Pledges To Connect Broadband To Every Household In Botswana* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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