Why you should start a business back home.
- Thread starter Farah717
- Start date
It’s possible even though local govt supposed to help with things like that. Things like sewage ,water treatment and such take a lot of investment. Waste removal little but easier but still. will average person want to pay for that? or should it be handled by taxes which they have no choice
the reason I always tell people start in west it’s not supper corrupt, you can get loans, and there is huge difference in purchasing power. The market cap for these industries back home is in million of dollars with cut throat competition. In west market is hundreds of billion with people who have a lot of disposable income. It’s much easier to succeed in west don’t jump in deep end and start looking first in Somalia for business
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Vapour
Habeen
The West is a red ocean, too. There are too many fixes for common problems. To make it big, you must think outside the box. Copying a business idea and implementing it elsewhere, is easier than coming up with a new one.
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So my brother who lives in Bossaso owns a car sales/rental company and he's making ~$10,000 a month without paying any taxes. Opportunities there seem to booming off time to cash in.
Does anyone else have any experience back home?
For reference
I wanna know
How many cars does he own?
Anything like insurance for damages?
Does he perform background checks before deciding whose to rent?
Abdisamad
VIP
Yoga center for xalimos suhul baruur
He owns 15 cars he leases them but he makes the most profit buying/ selling land cruisers. They use some app to sell and get id. cheap imports from dubai
Fair enough so about $22 dollar a car per day. Does he rent em to NGOs or organisations didn't think people were renting cars like that because people jump on bajaaj or whateverSo my brother who lives in Bossaso owns a car sales/rental company and he's making ~$10,000 a month without paying any taxes. Opportunities there seem to booming off time to cash in
Does anyone else have any experience back home?
Moon-
Bipolar Express
yogas haram <<< pilates
Abdisamad
VIP
Stretching and getting flexible is haram?
If u from Landheere qabil u fine lol
I did some digging and apparently a 2005 Landcruiser costs around $12k in Dubai's used cars market and in Somalia it could go upto $50k
Unreal profit margins
Imo its better to sell toyota pickups to qabil militias , its a lucrative business
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gona go there its so rare for a eclipse there
But the west are already oversaturated in main industry unless it’s tech with new products
you can open up gas station, day care, home care , school, buy stuff from China sell it here. There is also a lot of demand for minority. A lot of big companies and local govts have awards and money set a side for minority business . West is richest in the world if people can’t succede here they won’t in Somalia. Unless they get money through corruption and clan nepotism. Best chance of being self made is in west. Somalia is broke with most people worried about surviving week to week
Somali American is trailblazer in a construction field with few women, people of color
As a developer and general contractor, Nawal Noor is leading efforts to diversify construction.
The us child care market cap in America is expected to reach 83 billion by 2030 that’s 10x Somalia gdp
finance.yahoo.com
U.S. Child Care Market Report 2023-2030: Bright Horizons, KinderCare, Learning Care Group Leading Key Players with Strategic Initiatives
U.S. Child Care Market U.S. Child Care Market Dublin, Aug. 17, 2023 (GLOBE NEWSWIRE) -- The "U.S. Child Care Market Size, Share & Trends Analysis Report By Type (Early Care, Early Education & Daycare, Backup Care), By Delivery Type (Organized Care Facilities, Home-based Settings), And Segment...
Moon-
Bipolar Express
its basically bc some yoga poses are salah for them some ppl say it depends on intention some haram but i just avoid as a whole you can stretch without calling it yoga
Abaq
VIP
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