Today I feel betrayed by a friend. He’s been my friend since we were young. He wanted to start hiss own business and was looking fir seed capital to get it off the ground. It was a great business venture and in a safe market so I know I was going to be fine, plus I trust him. He later came back and told me he got someone eose to invest it with him. Wallahi my heart sunk.
My friend turned down my offer and went to ajnabi.
- Thread starter Hmohamed54
- Start date
Why does your heart sunk? U r ridiculous. You probably dodged a bullet. The business will fail
This is a good thing. Mixing friendship and business usually leads to problems. He probably doesn't want the business to mess up your friendship.
I don’t understand wdym? Its a trucking business.
Not really, thats only in the movies when they turn backs in eachother. You akways get lawyers involved and sign contracts, prenups, and share holder agreements.
Where do you live?. Uk?
United States. Big wheelers make good money.
BobSmoke
Flying over your heads
Nothing personal, just business my guy.
Maybe you should see this as an opportunity to look for your own ideas to invest in. Most of the time your intellectual contribution as a form of equity is more worth than the money you got in the vault.
How would the project benefit from involving you in the mix? If you cant answer with any concrete answer than money then probably that's why he chose that nigga to be an investor and not you.
How useful are you for the mission? Put friendship and your likkle feeling aside, how do you plan to follow thru the mission?
These are questions thats gotta be answered with brutal honesty. Alotta niggas just be cap overall because they cap to the man in the mirror.
Velœcity
Bosaaso iyo Qandala
Do you own the business?
If you wanna start a business, start it back home. There is barely any taxes, wages are low asf so you can hire a lot ppl.
Velœcity
Bosaaso iyo Qandala
Kinda risky though, in the us the market is very profitable
I mean if you got good connections the odds are in your favor. Also in the US it’s safer but not that profitable. High risk high return
Velœcity
Bosaaso iyo Qandala
Can you give me an example of a profitable market in Somalia? Low key might investI mean if you got good connections the odds are in your favor. Also in the US it’s safer but not that profitable. High risk high return
Me personally I thought of the fact that electricity is very expensive and also high in demand in Somalia so I thought of building a solar farm in a piece of land that i own and generate power and sell the power I generated to companies under a contract. Highly profitable for me and the company I might be contracted with. Also I won’t need employees maybe every 6 months an expert would need to check on its functionality, but other than that the solar farm can do its thing
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