With the fourth industrial revolution gaining ground, the whole selling and buying (trading)system is rapidly transforming right before us. The birth of digital currencies has led to many claiming that this new form of currency is the next big thing that will transform industries whether through financial or just regular sales interaction.
Mpho Dagada is the founder and CEO of Invest in Future Currencies, an institution which educates people on how they can get involved in crypto currency. Dagada says at his institution they “give people the tools and empower them to make good decisions within crypto currencies on how they are going implement crypto currency within their businesses. We go beyond that and consult with businesses as to how they can get ready or rather ready themselves for the global digital change. We are show them how they can implement these changes into their businesses, so that they can use crypto currency by implementing what we call block chain technology”.
Dagada is a 24 year old entrepreneur, born and raised in Limpopo, Venda. He, like any other child born in a rural, underdeveloped area had a dream of making it big in the city. “While I was growing up there, i knew that was not the end goal, the end goal was to make it in the big city, the end goal was to experience the bigger cities in the world and to make it there. So I think the drive and the push that was there motivated me and pushed me to become what I am today.”
Through his determination and focus, Dagada was selected for the entrepreneurial programme in Standford University California where he got to watch and learn from the worlds entrepreneurial mavericks the true meaning of entrepreneurship. “I think one of the most important things that I have learnt was the culture around Silicon Valley and the culture around entrepreneurs within the Silicon Valley base… So firstly the mentality within Silicon Valley says we build big businesses and we allow them to grow and impact the world. But I think that there was one concept that stood out for me. That was the concept of starting, learning and failing fast, and that’s a concept that’s often used in Silicon Valley and often spoken about.”He says this concept stuck with him and he believes that this is something that South Africans can implement within the entrepreneurial environment so that they can adopt a mentality of starting a business without having fear of failure. “Start your business, learn from the opportunities that come, learn from the failures that happen and grow from there.” With so much knowledge gained from his excursion, Dagada came back open minded.
He went from purchasing a bitcoin for someone to actually teaching, making money and specialising in crypto currencies. “The journey started with someone asking me to purchase bit coin for them. I then took the money and I bought bitcoin on their behalf and overnight the bitcoin price jumped. And it jumped significantly, I went back to them and I asked, why is this price of this thing you told me to buy jumping? And they did not understand. So I went into researching it as to why did it actually jump, what is really going on and it was through my insights that I received that I actually grew interest.”He then saw that this is an untapped market and it has the potential of taking over globally and that spark his interest and got him interested in being informed about digital currencies. Dagada is a serial entrepreneur and has under his entrepreneurial belt two more companies, NDA logistics and Food Holdings. NDA Logistics, a professional transportation service company that offers excellent transportation. The company is said to be operating in various regions across South Africa. He is also the owner of Foodz Holdings a holding company that focuses on building food brands that have international standards. Dagada is a man of many talents; he is a speaker and also an author. His curious nature to acquire more knowledge has placed him amongst thought and innovative leaders in entrepreneurship.