Modisa Maphanyane is a serial entrepreneur from Botswana with a long history of ventures. He is known for his tenacity and understanding of the constant learning required to stay ahead in business. He has also been involved in public discourse for over 30 years.
“Failure is learning what you didn’t know before. Learn how to build a business that can exist without you the owner.” Modisa Maphanyane
Mobi rides is Modisa Maphanyane’s latest tech venture. It addresses the issue of immobility by connecting vehicle owners with individuals seeking affordable informal rentals. Essentially, it’s a platform designed to create convenience and access in the mobility space.
Here is his latest interview where he talks about his latest experiences with building Mobi Rides.
These are some of his key takeaways:-
🚀 Failure is part of success – Modisa Maphanyane emphasizes that failure is not a sign of incompetence but a crucial learning experience for entrepreneurs.
💡 Learn continuously – Success in entrepreneurship requires constant learning; staying updated is essential to avoid being left behind.
🧠 Build sustainable businesses – A real business must operate independently of the founder, unlike self-employment which collapses without the owner.
🌍 Align with global trends – MobiRides targets urban mobility and sustainability by promoting electric vehicle (EV) adoption through an AI-powered platform.
📊 Start small, scale smart – MobiRides began by testing demand with 100 users and 30 vehicles, aiming for sustainable growth and real-world validation before scaling.
🤖 Tech-enabled fleet rentals – The platform offers fleet owners insurance, financing, and tracking tools, creating a safer and more scalable e-mobility ecosystem.
💳 E-wallet Pro for businesses – FNB’s E-wallet Pro enables entrepreneurs to manage business finances more efficiently, with higher limits and fewer fees than standard wallets.
💼 Team is everything – The most critical part of any startup is the team; building and maintaining a strong, reliable team is key to long-term success.
