Sim Shagaya Reveals How He Chooses Billion-Dollar Business Ideas

Sim Shagaya Reveals How He Chooses Billion-Dollar Business Ideas

June 18, 2026 · 12 min · Season 3

About this episode

Sim Shagaya discusses his journey from e-commerce to education and his framework for identifying billion-dollar business opportunities.

After building Konga into one of Nigeria's biggest e-commerce companies, Sim Shagaya returned to the idea he had postponed for years—education. In this conversation, Sim explains why he ignored the critics who said EdTech was a losing business, how ULesson was conceived before Konga, and the framework he uses to identify billion-dollar opportunities. He also shares insights on AI, insurance, regulation, entrepreneurship, and why he believes Nigeria's future is brighter than many people think.

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