@Dalac Bilaash Somalis want answers but what u need is 'strategy' so u can find 'answers' for yourself across millions of ppl doing the same thing, one person feeding u fish isn't a solution.
Somali all want Wealth but 'jidki' lagu gaadhi laha ayaa ka khaldan and they end wasting time/effort with no wealth result. Don't be a sucker and I will give u the blue-print on how wealth happens, the rule is always the same, so when u look at anything, always look at it with these rules.
1. Is it RARE, we know 'rare' is the marker of wealth or is over-flooded, if u see it's overflooded with ppl don't go near it, ka carar.
2. Look at 'supply' chains, nothing pops into existence without a chain such as raw-process-trade-transport-infrastructure, look at it and see where the suppliers are limited so it's 'rare' and their is 'demand or baahi' for it
3. Look at the 'value' chain of the product or service. Expenses involved whether ongoing or one time, wages, taxes, potential vs real revenue. Look at international pricing of all products/services vs local prices so your not 'ripped off' when selling.
4. Start small always untill your confident to expand further. Always look at 'market' space first whether local-regional-global vs suppliers involved
5. Stay away from 'daruri' essentials, this is intentionally over-supplied to keep prices always low so ur returns are going to be low vs time-effort-resources expended
6. Adopt the 'diverse' strategy not 'centralized' strategy to overcome shocks, spread your eggs out into various industries.
7. Assess the 'risk' is acceptable 'margin' everything comes with a risk tho, u need foresight to see how likely it is
8. Study 'failed' businesses always waa 'cilmi' for u where they went wrong so u don't reproduce it. Study it in Somalia-Regionally-Globally where-ever u see them. They hold a wealth of wisdom for u so u don't go down same path. PPL don't study 'failures' always looking at 'successes'
A Madow dude provided some wisdom but it's true. He said these Somalis, I see them all lining up for govt or office interviews, but im there providing 'technical' services of the interview area, they walk away broke, I walk away rich. He saw 'baahi' and he saw what else? do something different to where the xoolos go so he can 'rare'. This when Puntitequeen starts to scream why their so cursed.
Somali all want Wealth but 'jidki' lagu gaadhi laha ayaa ka khaldan and they end wasting time/effort with no wealth result. Don't be a sucker and I will give u the blue-print on how wealth happens, the rule is always the same, so when u look at anything, always look at it with these rules.
1. Is it RARE, we know 'rare' is the marker of wealth or is over-flooded, if u see it's overflooded with ppl don't go near it, ka carar.
2. Look at 'supply' chains, nothing pops into existence without a chain such as raw-process-trade-transport-infrastructure, look at it and see where the suppliers are limited so it's 'rare' and their is 'demand or baahi' for it
3. Look at the 'value' chain of the product or service. Expenses involved whether ongoing or one time, wages, taxes, potential vs real revenue. Look at international pricing of all products/services vs local prices so your not 'ripped off' when selling.
4. Start small always untill your confident to expand further. Always look at 'market' space first whether local-regional-global vs suppliers involved
5. Stay away from 'daruri' essentials, this is intentionally over-supplied to keep prices always low so ur returns are going to be low vs time-effort-resources expended
6. Adopt the 'diverse' strategy not 'centralized' strategy to overcome shocks, spread your eggs out into various industries.
7. Assess the 'risk' is acceptable 'margin' everything comes with a risk tho, u need foresight to see how likely it is
8. Study 'failed' businesses always waa 'cilmi' for u where they went wrong so u don't reproduce it. Study it in Somalia-Regionally-Globally where-ever u see them. They hold a wealth of wisdom for u so u don't go down same path. PPL don't study 'failures' always looking at 'successes'
A Madow dude provided some wisdom but it's true. He said these Somalis, I see them all lining up for govt or office interviews, but im there providing 'technical' services of the interview area, they walk away broke, I walk away rich. He saw 'baahi' and he saw what else? do something different to where the xoolos go so he can 'rare'. This when Puntitequeen starts to scream why their so cursed.
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