Business Types in Back home Somalia/land??

Discussion in 'General' started by Gbyallmeans, Aug 12, 2017.

  1. Gbyallmeans

    Gbyallmeans Yuusuf direed Founding Father of Ahlu-naar

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    I want to start a business under $10,000 back home in Somalia, my aim is Mogadishu due to popluation size for the market, is there any ideas you guys could mentions what is best, cheap and easy to start businesses.

    My idea is to start, Ice Cream, or just supermarket (western type), any suggestions, really appreciate your inputs.

    @Duke of Bohol , @Inquisitive_ @TSP @XamarCade @Canuck @fox
     
    Last edited: Aug 12, 2017
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  2. XamarCade

    XamarCade Empowering Black People #MAGA #AllLivesMatter

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    Buy a couple of Chinese jetskis and rent it out to the locals and visitors :manny:
     
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  3. Xooshdheere

    Xooshdheere how do i use this

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    So you wanna be an entrepreneur? Did you study regular entrepreneurship?
     
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  4. XamarCade

    XamarCade Empowering Black People #MAGA #AllLivesMatter

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    Do u have a farmland back home? U can invest in that
     
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  5. Xooshdheere

    Xooshdheere how do i use this

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  6. TSP

    TSP RW drinking Horusocod's tears

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    I'll ask my uncle who is a businessman in Xamar. I'm not sure how far 10k will get you in the capital city but you should be aware of the current trends. It seems to be construction and offering technical skills. You should check out the thread @Canuck had which showed NGOs were trying to bring in foreigners to do stuff like project management and IT.
     
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  7. Malcolm X

    Malcolm X The price of freedom is death

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    $10k is not much

    If you're really serious, then you need to think about who you are selling to. Native Somalis don't have much money and it will take a long time to get return on the investment.

    If you're targeting Somali foreigners, then you will need to think about what they want after arriving in Somalia. Hotel is easy one but the market is saturated.

    Selling something aboard is riskiest but makes most money if you get it right. $10k is not enough for this type of business though
     
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  8. Gbyallmeans

    Gbyallmeans Yuusuf direed Founding Father of Ahlu-naar

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    TSP do that for me buddy.

    Business in Mogadishu is golden, imagine your startup company growing with Somalia's/Mogadishu economy, you can literally end up being millionaire with 5-7 years.

    But the question remains, what business though???
     
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  9. Gbyallmeans

    Gbyallmeans Yuusuf direed Founding Father of Ahlu-naar

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    No, but a plots of lands yes, lands itself is useless unless someone else wants to buy it from me, what can one do with lands??
     
  10. Canuck

    Canuck

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    Look for what the market needs and imports it and try to make its alternative in Somalia cheaper price (sugar refinery, rice instead of plastic Chinese rice, small medication factory like pain killers only instead of expired medication in our markets),
     
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  11. Mercury

    Mercury

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    Wedding are always lucrative and people get married everyday

    If all else fails buy fake iPhones from China and sell em there
     
  12. merka

    merka ʏᴍᴏʜɢɪ

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    Better to learn a skill and then go home and start a business.
     
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  13. MARAQ DIGAAG

    MARAQ DIGAAG

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    I can give you some tips if you make a small investment into paypal . # The greatest power is influence . # The best advice is never free .
    # Guru SamAle
     
  14. Adheer Warsame

    Adheer Warsame Tougher than Nigerian Hair

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    Construction and real estate is the real deal

    It's best you get ahead of the niggas that open up hotels and restaurants, full fledged memes.

    You should use the 10k to day trade
     
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  15. Von

    Von Lord give me strength to protect the Fatherland

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