This archive report was first published on 14 January 2020.
As of 2020, Cytonn Investments, an alternative investment management and real estate company, has over $800 million in assets under management, thanks in part to the vision of its CEO, Edwin Dande.
Published on January 14, 2020, Dande's business journey began when he exited Britam in 2014 to form Cytonn, which has since become a leading investment firm in the East-African region.
With a focus on offering alternative investment solutions to global institutional investors, individual high net-worth investors, local institutional investors, and diaspora investors, Cytonn's investment solutions are based on four main products: real estate, structured solutions, private equity, and advisory.
According to Dande, growing a business requires following four simple steps: delivering a service or product that solves real problems, getting a clear strategy, having a cohesive team, and focusing hard on execution.
"If you start with the goal of making money or the desire to be self-employed, you’re likely to fail," Dande cautions.
Instead, Dande emphasizes the importance of delivering a service or product that makes the world a better place to live, as this is the key driver for getting into business.