Grit & Growth - podcast cover

Grit & Growth

Stanford Graduate School of Businessart19.com

Meet intrepid entrepreneurs from Africa and South Asia, hear their stories of trial & triumph, and gain insights and guidance from Stanford University faculty and global business experts on how to transform today’s challenges into tomorrow’s opportunities. 

From securing investment and planning family succession, to mindful leadership and managing in adversity, you’ll learn firsthand from entrepreneurs and experts on how to develop the grit you need to grow your business — in times of crisis and calm. Walk away with actionable information, new perspectives, and fresh inspiration to take your business to the next level. 

Listeners can also take a deep dive into entrepreneurship with masterclass episodes featuring interviews with Stanford faculty and global experts. It’s a unique opportunity to hear about cutting-edge research, get practical business tips, and learn proven leadership strategies from some of the world’s leading thinkers and practitioners.

Grit & Growth is brought to you by Stanford Seed, a Stanford Graduate School of Business-led initiative that partners with entrepreneurs in emerging markets to build thriving enterprises that transform lives. 


About The Host: 

Darius Teter is executive director of Stanford Seed, a Stanford Graduate School of Business-led initiative that partners with entrepreneurs in emerging markets to build thriving enterprises that transform lives. Darius has held leadership positions at Oxfam America, the Asian Development Bank and with the US Government where his experience included advising governments on economic policy, developing human rights programming, and financing infrastructure megaprojects across Africa, Asia and Latin America. All the while, he remained intrigued by the human experience and our universal drive towards growth and prosperity.

Episodes

Executive Coaching: Why Entrepreneurs Shouldn’t Go It Alone

Welcome to Grit & Growth’s masterclass on coaching, featuring Laurie Fuller, a certified executive coach, who believes entrepreneurs can benefit from having a collaborator, connector, and cheerleader by their side. Fuller provides practical tips on what to look for in a coach plus tried-and-true techniques she uses to help her clients transform themselves, their teams, and their companies. Entrepreneurs are almost always on a quest to improve. But improvement can be ridiculously hard to acco...

Jun 27, 202332 minSeason 3Ep. 5

Taking a Stand with Your Brand: Genderless Fashion in Africa

In Africa, as in the rest of the world, gay rights is a deeply divisive issue and queer people often face discrimination and violence. Wandia Gichuru, CEO of Vivo Fashion Group, and Chris Makena Muriithi, CEO of BOLD Network Africa, decided they wanted to do something about it using their collective strengths in business, fashion, advocacy, and storytelling. The Zoya X BOLD collection is about more than creating fashion for the queer community — it’s about starting a conversation about inclusivi...

Jun 06, 202336 minSeason 3Ep. 4

Strategy: It’s the Big Bets that Matter

Do you have a strategy? Or do you just have a plan? Understanding the difference and how to define and execute on both is essential to transforming your business. Abhishek Rungta, founder and CEO of INT, realized he had been running his business without a strategy for far too long. Hear his journey and gain strategic insights from Jesper Sorensen, professor at Stanford Graduate School of Business, on why strategy is all about managing uncertainty. Abhishek Rungta started his IT business in 1997 ...

May 16, 202334 minSeason 3Ep. 3

Executive Coaching: From Self-Doubt to Self-Awareness

Entrepreneurs aren’t meant to solve all their business problems alone, but all too often they try. Kunaal Rach, CEO of Healthy U, was no exception … until he met Laurie Fuller, a certified business coach, who transformed his leadership—and his business. Hear from both coach and coachee on how coaching can help provide the strategic, moral, and emotional support every entrepreneur needs. Kunaal Rach left Kenya at the age of 13 to attend boarding school in England and says he really had no intenti...

Apr 25, 202337 minSeason 3Ep. 2

Pivot, Adapt, Grow: Building a Fashion Brand in Kenya

Starting a business is hard enough. But growing it can be exponentially harder — especially when crossing borders and continents and in a business as fickle as fashion. Wandia Gichuru is experiencing it all as founder and CEO of Vivo Fashion Group, based in Nairobi, Kenya. Gichuru thinks about her business beyond simply selling clothes. We can be “warriors for economic growth,” she explains. Hear her story of lucky breaks and quick pivots, strategic growth and purposeful passion. Wandia Gichuru ...

Apr 04, 202341 minSeason 3Ep. 1

Short Takes: Sweet Success – Can you build an ice cream unicorn in India?

Meet Gaurav Khemani, CEO of Prestige Ice Creams based in Kolkata. Faced with COVID-19 shutdowns, a cyclone, supply chain pains, and more, Khemani believes personal and professional discipline will help make his entrepreneurial dreams come true. Hear about his  journey from a career at big retail companies to leading a small business that he hopes will soon become a billion-dollar company.  Gaurav Khemani begins each day at 4 a.m., reading, writing, working out, and generally taking car...

Mar 14, 202316 minEp. 4

Short Takes: From Farms to Forks

Meet Delia Stirling, commercial director of Brown’s Food Co. in Nairobi. She and her team are on a mission to spark consumer demand for foods made from indigenous Kenyan crops. Hear how their efforts are also helping small family farms and educating consumers about the environmental, economic, and taste benefits of eating locally grown food. Delia Stirling has always been a foodie and entrepreneur. As a little girl, she sold ice cream at craft fairs, using a sleeping bag for insulation. And her ...

Feb 21, 202315 minEp. 3

Short Takes: Bringing Affordable Medical Imaging to Botswana

Meet Nita Bhagat, a hotelier turned owner of Village Imaging, a radiology practice in Botswana. Hear how her father’s struggle with cancer led her business in yet another new direction, one that now helps everyone in her country to get better, closer, faster health care. Nita Bhagat and her cardiologist husband came to Botswana from Zimbabwe in 2003 as economic refugees. With her life and career uprooted, she worked as a receptionist in her husband’s medical clinic. Bhagat got an immediate educa...

Jan 31, 202315 minEp. 2

Short Takes: Bringing Safe Water to Rural India

Meet Divya Yachamaneni, CEO of Naandi Community Water Services, a for-profit social enterprise bringing safe drinking water to rural communities across India. Hear how this mission-led company made a strategic pivot to get the “urban rich” to help subsidize and ultimately scale its impact. Coming from an urban environment, Yachamaneni had no idea how widespread and severe the problem of contaminated water really is. Visiting rural communities made the issue crystal clear. In one village, she rec...

Jan 10, 202315 minEp. 1

Customer Psychology: Why Don't People Buy Your Stuff?

Welcome to Grit & Growth’s masterclass on marketing, featuring Jonathan Levav, Stanford Graduate School of Business professor of, you guessed it, marketing. Levav provides insights and advice on the psychology of customer marketing so you can learn how to get into the heads and hearts of your customers, influence their decision-making, and get them to choose your brand over the competition. Professor Levav has a PhD in marketing with a passion for exploring the brains and guts of decision-ma...

Dec 20, 202231 minSeason 2Ep. 20

Marketing: Who are Your ACTUAL customers?

How do you market your product? And who are you marketing to? Those two questions go hand in hand as Nick Musyoka of Sonar Imaging Center learned. Hear how he targeted his marketing messages and increased revenues by 500% in just six years. And, gain insights from Jonathan Levav, professor of marketing at Stanford Graduate School of Business, on how customer segmentation can help you find and market more effectively to your customers. Standing out is never easy, especially when the product you a...

Dec 06, 202230 minSeason 2Ep. 19

Navigating Corruption: A Case Study from India

Is it possible to be virtuous in a sea of corruption? Indian entrepreneur Rajah Koppala of Avis Vascular Centers is trying to do just that. Hear how he and his team are strategically and realistically fighting against the tide of corruption. And, gain insights from Saumitra Jha, an associate professor of political economy at Stanford Graduate School of Business, on what it takes to understand and navigate challenging ecosystems.  Rajah Koppala trained and practiced medicine in the United St...

Nov 22, 202236 minSeason 2Ep. 18

Bribes, Kickbacks, “Commissions”—Oh My! Dealing with Corruption at Your Business

Corruption is an unfortunate fact of business life. How can you remain ethical and still survive when it seems that everyone else is playing the game? Soji Apampa is one entrepreneur who believes there are ways to strategically navigate a corrupt system. Hear how his NGO in Nigeria is helping entrepreneurs to keep their hands clean. And listen to true stories from business owners across Africa and South Asia about the real cost of corruption on lives and livelihoods. When it comes to dealing wit...

Nov 08, 202240 minSeason 2Ep. 17

Survival and Growth: Franchising in Africa

What are the obstacles and opportunities of franchising in Africa? While this business model is still in its infancy there, entrepreneurs like Grace Munyirwa of Vine Pharmaceuticals in Uganda are embracing it to grow and scale, while experiencing significant challenges along the way. Hear a story of struggle and success and gain insights from Chiagozie Nwizu , a franchise expert in Africa who has dedicated his career to educating entrepreneurs and investors on the power and pitfalls of the franc...

Oct 25, 202235 minSeason 2Ep. 16

Latest Insights on Driving Business Growth

Welcome to Grit & Growth’s masterclass on the effectiveness of small business interventions in emerging markets — with hard data to back it up. Thanks to researcher Stephen J. Anderson’s studies with African entrepreneurs, you’ll hear why having a coach, getting classroom training, and learning how to delegate can drive growth and impact your bottom line. Stephen J. Anderson has spent his entire career trying to bring rigorous research to international development efforts, whether at the Wor...

Oct 11, 202232 minSeason 2Ep. 15

It Starts With You: Evolving Your Leadership as Your Company Grows

What kind of people and culture do you want in your company? How will you engage with employees and lead effectively? And how do you figure all that out while growing revenues? Human resources are rarely the first priority of leaders, but they should be. Just ask Sachin Dhanani, co-founder of Kenyan-based Danco Capital, and his HR adviser Claudia Salvischiani. Leadership styles are as varied as entrepreneurs. And they certainly change over time as companies grow. But the very best leaders put th...

Sep 27, 202233 minSeason 2Ep. 14

Scaling Your Business: It’s All About The People

What’s the greatest resource for a fast-growing company? If you answered human resources, you’ve got a great head start on scaling for success. Sachin Dhanani, co-founder of Kenyan-based Danco Capital, learned firsthand the importance of having a strategic HR plan. Hear his story and get essential guidance from HR expert Claudia Salvischiani as you grow and scale your own company. Sachin Dhanani paid little attention to org charts as he took his manufacturing company in just seven years from fou...

Sep 13, 202239 minSeason 2Ep. 13

Masterclass: Find The Best People...& Keep Them

Welcome to Grit & Growth’s masterclass on talent — finding it and keeping it — featuring Claudia Salvischiani, an expert on all things HR. From workforce trends and interview techniques to structuring incentives and performance evaluations, Salvischiani gives candid advice and insights on how to attract and retain the best people to help your business thrive. It takes people to run a business, and the better they are, the better your business. So what can you do to not just get, but als...

Aug 30, 202237 minSeason 2Ep. 12

Changing Lives, Organizations and the World: Dean Jon Levin, Stanford Graduate School of Business

Meet Jon Levin, dean of the Stanford Graduate School of Business, economics professor, and eternal optimist. Hear his thoughts on the business world, innovation in emerging economies, the role of big tech, and how the GSB is preparing students to meet the challenges of the global economy — from climate change to inequality. Jon Levin grew up in an academic family, but he never imagined he’d be leading one of the most prestigious business schools in the country. An economics professor by training...

Aug 16, 202242 minSeason 2Ep. 11

Franchising in India: Learning the Hard Way

Franchises are taking over the world, from fast-food restaurants to furniture outlets. While they may seem like a simple, risk-free way to expand your footprint and revenue, franchising is tricky business. Vijay Kapoor learned firsthand how difficult it is to create a successful franchise in India for his fashion brand Derby Responsible Menswear. Hear his roller coaster of a success story and get strategic advice on if, when, and how to franchise your own business.  Vijay Kapoor learned the...

Aug 02, 202240 minSeason 2Ep. 10

Fundraising: It’s a Marathon not a Sprint

Welcome to Grit & Growth’s retrospective on a topic that’s on every entrepreneur’s mind: money! Hear from startup and early stage investors in Africa and South Asia about what investors are really looking for, how to vet potential backers, pitching advice, and more. These experts provide practical guidance and strategies on how to secure funding for your venture. Money, money, money. Entrepreneurs can’t stop thinking about it. Which explains why fundraising is such a critical — and ongoing —...

Jul 19, 202230 minSeason 2Ep. 9

Solving Important Problems

Creating a startup is challenging enough. So, when you want that startup to also address social problems, the pressure on entrepreneurs to succeed and scale can be even more intense. Meet Sadaf Rehman of codeschool.pk in Pakistan and Sarika Kulkarni Pathak of Cresa GreenTech in India, and hear how these two women entrepreneurs are struggling and striving to make the world a better place. Many of the challenges faced by social entrepreneurs are no different than those of for-profit startups. Unde...

Jul 05, 202238 minSeason 2Ep. 8

It's Not Just a Man's World

To submit a story for our episode on corruption, send a voice memo to Stanford Seed via WhatsApp at +1(650) 206-3055. Women represent about 50% of the global population yet own only ⅓ of the world’s businesses and still get paid 37% less than men. Georgette Barnes, a Ghanian entrepreneur, and Stanford professors Dr. Deborah Gruenfeld and Margaret Neale share experiences, advice, and strategies for navigating the workforce as a woman — from power dynamics and negotiations to gender expectations a...

Jun 21, 202234 minSeason 2Ep. 7

Negotiation: When to Stay and When to Walk Away

Negotiation is at the heart of almost every business transaction — whether working on terms with potential investors or communicating with colleagues. Listen to Ghanian educational entrepreneur Charles Yeboah as he shares his real-world negotiation challenges and get surprising tips and insights from Stanford professor Margaret Neale on how to turn your next negotiation into a win-win. Charles Yeboah never imagined he’d be in the business of education. But after searching for a school for h...

Jun 07, 202238 minSeason 2Ep. 6

A Conversation with Nigerian Businessman & Philanthropist, Tony Elumelu

The deadline to apply for our 2023 Seed Transformation Program is June 1st! To find out more, visit: stanfordseed.co/apply Meet Tony Elumelu, a Nigerian businessman, billionaire, investor, philanthropist, champion of African entrepreneurs, and steadfast believer in luck. Hear how and why he’s committed to catalyzing entrepreneurship across the African continent. Ask almost any entrepreneur about their secret to success and more than likely they’ll credit a combination of hard work and luck. Tony...

May 24, 202227 minSeason 2Ep. 5

Masterclass on Effective Corporate Governance

Welcome to Grit & Growth’s masterclass on corporate governance, featuring Alexey Volynets of International Finance Corporation. From what structures make sense to employ, and when in the life cycle of your business you should use them, Volynets provides advice and insights on how corporate governance can be a powerful tool for your business. While many entrepreneurs fear corporate governance because they believe it means more legal constraints and less control, Volynets wants to change the w...

May 10, 202235 minSeason 2Ep. 4

Brain Trust: Making a Great Advisory Board

Is it time to consider an advisory board? And if so, why? What skills do you need? And how do you find the right people who are willing to help? Aashish Agarwaal, founder and chairman of the Enerji Group, and Alexey Volynets of the International Finance Corporation share entrepreneurial perspectives and corporate governance advice to help you figure out what’s right for your company. Rare is the entrepreneur who is an expert at everything. Turning to others outside your company for advice can be...

Apr 26, 202238 minSeason 2Ep. 3

The Psychology of Power & Influence

Welcome to Grit & Growth’s masterclass on power, featuring Dr. Deborah Gruenfeld, Stanford Graduate School of Business professor of organizational behavior. From the body language of power to the authority vs. authenticity debate, Gruenfeld provides insights on how and when to use your power to gain the trust and respect of others. Professor Gruenfeld is a psychologist by training and she’s been researching and teaching about the psychology of power and powerlessness for decades. So, she has...

Apr 12, 202233 minSeason 2Ep. 2

The Big Picture: Hakeem Belo-Osagie on African Entrepreneurship

What are the unique challenges facing the African entrepreneurial ecosystem? How is the rapid growth of fintech startups impacting the Nigerian economy? And what does it take to become a modern business leader? Hakeem Belo-Osagie, accomplished businessman, philanthropist, and educator, has the experience and expertise to tackle all three. Few business leaders understand the systemic challenges facing African finance as well as Hakeem Belo-Osagie. For three decades, he’s been a driving force in t...

Mar 29, 202243 minSeason 2Ep. 1

Season 2 Trailer

Welcome back to Grit & Growth from Stanford Graduate School of Business. We’re tackling the complex issues facing entrepreneurs who are building businesses in Africa and South Asia. These emerging markets are exploding with opportunity and obstacles. And you’ll hear firsthand from entrepreneurs about their trials and triumphs, along with insights from Stanford faculty and global experts on how to overcome challenges and achieve success. We dig deep on product innovation, negotiation, corpora...

Mar 22, 20221 minSeason 1Ep. 2