Failure is the default outcome for a startup” – Iyin Aboyeji
- Iyinoluwa Aboyeji states that failure is the default outcome of a startup, urging investors and founders to accept this reality.
- During the Africa Deep Tech Conference 2026, Aboyeji and Adia Sowho discussed the importance of building products that have market demand.
- Sowho highlighted the lack of global standards in African startups, leading to a preference for foreign solutions by large corporations.
The discussion around startup failures and the need for a supportive ecosystem in Africa is crucial. While acknowledging the inherent risks of entrepreneurship, it is essential to create an environment where failure is seen as a learning opportunity rather than a definitive end. This shift could empower more founders to innovate without the fear of permanent financial loss.
