The Agrarian Quest : The Elon Musk storm, future of agribusiness

The Agrarian Quest : The Elon Musk storm, future of agribusiness

L AST week, the international media fraternity – both social and mainstream – was awash with the news of Elon Musk’s unprecedented pronouncement that he intends to buy Twitter Inc. at 43 billion US dollars in a move that would completely transform it into a private company.

On Thursday though, the Twitter Board of Directors cunningly used the ‘’poison pill’’ rule – which prohibits shareholders from buying more than 15 per cent of the available stocks – to block the world’s richest man’s ambition from getting the control of the elite social network.

The New York Post reported on Friday that the defiant Musk is contacting other prospective investors to join him in a bid to break the mentioned rule and achieve his ambition.

Well, acquisition of companies is a very normal practice in the world of business and probably in normal circumstances the said move was not even meant to cause any noise, nevertheless what is strange and what has led into becoming today’s topic is the motive that pushed this great African innovator into doing the unexpected, to improve free speech is arguably the world’s leading Town Hall.

Apart from giving a very catchy rationale, the motive is itself a moving narrative that can make that business a great success.

Many opinion polls on whether free speech is lacking on Twitter happened to prove Mr Musk’s assertion which suggests that any successful takeover will increase the customer of the base of the platform and eventually its profitability while solving mankind’s need to live in freedom.

Now, this is what is missing in many millennial entrepreneurs, especially those who are engaging in agriculture. It is said that most of the messages that are packaged intending to woo many Generation Y into agribusiness are concentrated on making them rich if the word itself carries the whole meaning though. Part of the reason many who starts a business in agriculture don’t get with it to the shore is that they seemingly rush in with a “get-rich-quick” mindset.

No successful businessperson made it to the zenith with that horrible thinking. Walter Isaacson who was given a mandate by Steve Jobs to write a biography on him shares in his book, “Steve Jobs”, the Apple company’s mindset as he was narrated by one of the senior executives that, “the goal was never to beat the competition, or to make a lot of money. It was to do the greatest thing possible, or a little greater”.

Jobs’ words to John Sculley (the then President of Pepsi) in 1984, which ended up convincing him into joining Apple and its President, are even more revealing; “Do you want to spend the rest of your life selling sugared water, or do you want to change the world?”.

The question arguably carries the very mantle behind Steve Jobs’s entrepreneurship zeal, to change the world. In these scenarios one can realise that to grow rich is a result (maybe an unintended one) but transforming the society around is the very thing that should be considered by an entrepreneur. Every major invention was meant to address the existing dangers or problems.

The following are some of the innovations with the problems they solved indicated in brackets; Tesla’s Electric Cars (alternative to cars run by fossil fuels that cause climate change), Space X’s rockets (lowering the price of rockets and making voyages to space cheap and affordable), and Microsoft’s Windows (to make computer easily usable by clicking on the available icons as opposed to sophisticated Dos Command Operating System that required only an informed user to operate it).

The world’s society regally needs answers some of which can only be sorted from agriculture. It is true that people need food and other agricultural products, but that phrase might be misleading if one won’t get to the bottom of it. Are those food and agricultural products available?

Are they affordable?

Do they have the quality and standards that the people need? If one will be able to grasp this concept and dare to address one will be in the league of Musk, Steve Jobs and other successful business people who took the world by shock.

Tanzania’s productivity is lower than the global average in the number of crops. Quick ‘solutions’ to this problem have revolved around replacing small scale production with large scale.

The latter have always demanded bigger space so this means if the said solution will one day come into practice then there should be an evacuation of small producers from their small pieces of land in favour of those who can properly utilize the bigger chunks of them and eventually turning those landowners into out-growers.

Any solution that will serve the purpose of increasing productivity with out disenfranchising the small farmer will be a great innovation

You might be bright, but a brighter fellow exists

DEAR nephew Milambo Greetings from this confused ...

Author: Zirack Andrew

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