The #1 reason I signed up on SomaliSpot.

[Deactivated]

Sxb i cant take you serious. its obv you have vendetta against Sland progress. and we all know landers are most entrepreneurial somalis, our private sector basically built somaliland, they paid the army, civil servants during egal and bootstrapped our finances.
Shouldnt we give credit where its due?

About starting business, well im alrrady working on it. already submitted license application in Sland.

I expect you the same sxb, stop being all talk and let ur accomplishment do the talk.
lead by example, motivation is fickle without commitment. Im all about everything good for somalis.

I'm a capitalist and applaud any development by SL.

I have Somaliland friends from canada who I have adviced tax frameworks and how to avoid getting slaughtered by the revenue agencies by registering onshore low tax havens, so they can keep their revenue from Somali profits.

You know how I catch liers who say they own businesses in Somalia or Somaliland? I always bring up taxes and international banking. Once they have that stupid look on thier face the conversation is compartmentalized.


I don't only talk I have a channel where I document and share my life and progress. There's an upcoming project I'm working on documenting in YouTube that is a case study walk through on starting a farm in Somalia and documenting the whole processes. I'm just waiting for a few chips to fall before I do that.

If anyone needs my help I provide it. But, if you think I'm worried about Somaliland that's my last concern. There's 212,000 SqKM in my province another 400,000 sqKm that is my country.

I wish nothing but success for Somaliland until it affects me personally on a financial level. And for what I'm involved in that's never going to happen.

 

[Tjioux]

The only reason I'm on this forum is because, believe it or not, the crockpots on here actually have answers to our problems unwittingly.

As a capitalist I noticed the business forum is dry and barren, while the political forum is filled with answers to every problem, but none if you will every return home and start a business in any infant industry.

"Every Gobol wuu Guuley" is the motto cushitic capitalist must learn.

My question to you the Political guys is that; when you come up with a great idea to stop foreign fishing companies as an example; why don't you describe ways of raising capital, traveling to said invaders country and opening a trading business and court their fisheries sector into buying your fish? Why not just lease a vessel? Why not cease a foreign vessel and just keep it for yourself?

We all know who kept Somalia on life support in 91--it was the entrepreneurs. They helped people secure thier homes and charged fees to send you images of the destruction. They set up money transfer companies so you can take care of your families, the started airlines to bring you into the country. They imported goods, opened clinics and even bought buses to transport people around the country.

Why is everyone on her fixed on politics?

As a capitalist, the market will favour you if you adopted some of the ideas you guys mention into your operational manual. From sustainability, resource management, human capital training and so on and so on.

So I ask, why do you political gurus give us capitalist just great ideas on this forum?

Or better yet, you know when companies launch a product or a beta software that can get consumer feedback prior to launch? Well, that's what this forum is for capitalist. I didn't come here to learn about your Qabil. I came here to learn how to give them jobs and get a ROI.

Somalis future is in Private Equity and yet you neefs keep promoting inequality.

I got hard reading this

 

[Deactivated]

I got hard reading this

What a Queer

 

[El padrone]

@LarryThePuntite kaalay sxb if youre working on bettering somalia, why evade the tax? nacalaa! arent you ruining the economy markaa. going offshore means no tax for the gov and this means less dollars for public services. no? and the fact that you are advicing this to every potential hustler is concerning.

i like your optimism and share your ambitions in PE and VCs, but your capitalistic tendencies are quiet terrifying.

 

[Bahal]

I remember reading a thread on here. Someone from SL was arguing with someone from Somalia about who had a bigger annual budget.

It was 200-300million I think. This is what companies in the west spend on Research and Development annually.

And these neefs are bickering about pennies, while there's gold under thier feet.

Real Madrid spends more

 

[Deactivated]

@LarryThePuntite kaalay sxb if youre working on bettering somalia, why evade the tax? nacalaa! arent you ruining the economy markaa. going offshore means no tax for the gov and this means less dollars for public services. no? and the fact that you are advicing this to every potential hustler is concerning.

i like your optimism and share your ambitions in PE and VCs, but your capitalistic tendencies are quiet terrifying.

Tax in Somalia is a pay as you go thing.

There's no system developed unless you have reached a revenue milestone that requires massive record keeping like banks and money transfer companies.

There's no corporate tax return or anything of that nature. And farmers if you haven't known get subsidies with zero tax.

This is why I say "It's the Greatest Time To Be Somali".

The major problem is when you for example sell a house in Somalia and transfer the money into a Canadian bank. Guess what happens? Audits.

And if you don't have an international account in a place like HK; that money will get shredded by whatever country you come from.

Anyways kiddo. Can't sit her arguing with a guy who loves taxes. We don't see eye to eye mate.

 

[merka]

Real Madrid spends more

 

[OmarLittle]

Both sides make good points. But, as I person who's in the capitalist camp, I do believe in Darwinism. The lower IQ folks either die off because they can't compete or the government has an authoritarian program were those folks get paychecks and but in return they get sterilized.

While I agree with the anti-capitalist camp that capitalism is only good for the above/superior IQ folks, what do you guys want? Do you want to live in a society were lower IQ/less capable folks just get to live and breed at the expense of those who create wealth? So basically in year 2100, when the world is very advance, do you want the top 20% putting in the work, while the rest just live among those folks? Why? Why not get rid of them? And just have the advanced/higher IQ live on? Either there the government or no socialist programs?

So, it's either high taxes/state capitalism or population control.

 

[Deactivated]

Both sides make good points. But, as I person who's in the capitalist camp, I do believe in Darwinism. The lower IQ folks either die off because they can't compete or the government has an authoritarian program were those folks get paychecks and but in return they get sterilized.

While I agree with the anti-capitalist camp that capitalism is only good for the above/superior IQ folks, what do you guys want? Do you want to live in a society were lower IQ/less capable folks just get to live and breed at the expense of those who create wealth? So basically in year 2100, when the world is very advance, do you want the top 20% putting in the work, while the rest just live among those folks? Why? Why not get rid of them? And just have the advanced/higher IQ live on? Either there the government or no socialist programs?

So, it's either high taxes/state capitalism or population control.

This one Xoolo thinks Somalia needs to take money from rigshaw runners so we can invest that tax into something else.

We don't need buses because entrepreneurs solved that problem for the Shabab. Had that happened the government would have to pay drivers, benefits, and maintain these buses. This is just an example.

The job of the government at this point is to start state owned business that get us crawling first.

These socialist dwebs keep typing from their Hoyos council house thinking they are entitled to another Somalis wealth.

 

[Lilafrombole]

Wow this was a great discussion guys. Valid points being made from all corners I can't even decided who won the debate.
As an outsider I hope you don't mind me butting in but it sounds like most of you guys views on the economy somewhat reflects the country you guys live in. The Greeks may have invented democracy but it was America who took that system and created the Democratic system we see all over the world. In the same school of thought Somalia can do the same thing.
The geographical dispersal of Somalis should make gathering the pros and cons of the economic model of their countries of residance easy to gather. Take that and make it your own. Something that works for an ethno--state dominated by clans with fringe elements. It will be uniquely Somali.

Ps. I hope this doesn't sound sappy but It's been really encouraging to see the discussion here. It seems like Somalia/Somaliland's biggest potential is you guys.

I wish their was a place were the youth of Ethiopia could have c
ivil discussions like these

 

[Deactivated]

Wow this was a great discussion guys. Valid points being made from all corners I can't even decided who won the debate.
As an outsider I hope you don't mind me butting in but it sounds like most of you guys views on the economy somewhat reflects the country you guys live in. The Greeks may have invented democracy but it was America who took that system and created the Democratic system we see all over the world. In the same school of thought Somalia can do the same thing.
The geographical dispersal of Somalis should make gathering the pros and cons of the economic model of their countries of residance easy to gather. Take that and make it your own. Something that works for an ethno--state dominated by clans with fringe elements. It will be uniquely Somali.

Ps. I hope this doesn't sound sappy but It's been really encouraging to see the discussion here. It seems like Somalia/Somaliland's biggest potential is you guys.

I wish their was a place were the youth of Ethiopia could have c
ivil discussions like these

Absence of participation leads to appreciation.

All the next generation can do is watch the world boom and bust. And learn what has worked and didn't work in every cycle.

Being on the bench of global development has its benefits. Hopefully we get country going before judgement day.

 

[OmarLittle]

This one Xoolo thinks Somalia needs to take money from rigshaw runners so we can invest that tax into something else.

We don't need buses because entrepreneurs solved that problem for the Shabab. Had that happened the government would have to pay drivers, benefits, and maintain these buses. This is just an example.

The job of the government at this point is to start state owned business that get us crawling first.

These socialist dwebs keep typing from their Hoyos council house thinking they are entitled to another Somalis wealth.

Yeah, the entitlement culture isn't surprising. I just don't see how society will advance if you take away the incentive of ownership and self-driven success. These people believe it's cool to leave it up to the government and the few companies making the wealth as long as uncle Sam collects the wealth and there is redistribution. I don't think they understand that the government is the only thing that can feed them, smh. At least in the private sector, it up's to you and there is a diversity of jobs/companies that you can chose from and make your own decisions. Were, in these future utopias of basic income, it's insane and scary. What happens if there is a clerical error in the government system like it happens to food stamps recipients were they don't get there payments in days/weeks? Or those few rich folks make a plan to move away and take their money away which in this world is electronically/paper money anyway, so basically they're taking their talents? What happens? Yeah, famines and civil wars lol.

 

[El padrone]

This one Xoolo thinks Somalia needs to take money from rigshaw runners so we can invest that tax into something else.

We don't need buses because entrepreneurs solved that problem for the Shabab. Had that happened the government would have to pay drivers, benefits, and maintain these buses. This is just an example.

The job of the government at this point is to start state owned business that get us crawling first.

These socialist dwebs keep typing from their Hoyos council house thinking they are entitled to another Somalis wealth.

kkkkk sxb no one is taking u serious with name calling and trying to be a pro with zero experience.
everything you are espousing is textbook theories.
You are utterly wrong if you believe somalia will let you repatriate millions of capital gains out of somalia!
Even if u outsmart somalis you cant evade canada, your paper trails will end up in the panama papers.

Do your homework mate, stick flipping hamburgers! :siilaanyolaugh:

 

[Deactivated]

Yeah, the entitlement culture isn't surprising. I just don't see how society will advance if you take away the incentive of ownership and self-driven success. These people believe it's cool to leave it up to the government and the few companies making the wealth as long as uncle Sam collects the wealth and there is redistribution. I don't think they understand that the government is the only thing that can feed them, smh. At least in the private sector, it up's to you and there is a diversity of jobs/companies that you can chose from and make your own decisions. Were, in these future utopias of basic income, it's insane and scary. What happens if there is a clerical error in the government system like it happens to food stamps recipients were they don't get there payments in days/weeks? Or those few rich folks make a plan to move away and take their money away which in this world is electronically/paper money anyway, so basically they're taking their talents? What happens? Yeah, famines and civil wars lol.

This is why 11,000 American entrepreneurs handed in their passports and left to greener pastures.

The less tax you pay the more money you put back into the company; for more jobs, acquire more capital, invest in other businesses and increase production and output.

But noooo! These political guys on SomaliSpot turn into victims when the capitalists mention anything.

 

[Deactivated]

kkkkk sxb no one is taking u serious with name calling and trying to be a pro with zero experience.
everything you are espousing is textbook theories.
You are utterly wrong if you believe somalia will let you repatriate millions of capital gains out of somalia!
Even if u outsmart somalis you cant evade canada, your paper trails will end up in the panama papers.

Do your homework mate, stick flipping hamburgers! :siilaanyolaugh:

@OmarLittle See here's this simpleton socialist typing from Hoyos house as an example.

He wouldn't leave 100k in a Somaliland bank, but he wants you to believe he would trust having a letter of credit with the same 100k amount tied to a bank in Somaliland.


Every Somali entrepreneur issues thier letters of credit from gulf states with international banks.

He said no one will take you seriously 10X? You are more interested in me than vise versa. Take notes and add value to the thread.

 

[El padrone]

lol at simpleton socialist. sxb im just surprised you dont want any critique and want to force your stuff on our throats. you repeated many times how ppl with differing opinions shudnt be assosiated with u and thrown to the board etc. what kind of capitalist investor behaves like that?
Im not "more interested" in you, im interested in politics and how to stop leeching capitalist scums like you exploiting our countries, creating social classes and poverty. this isnt how economies are built. Theres difference bw free markets and greedy capitalists

 

[Deactivated]

lol at simpleton socialist. sxb im just surprised you dont want any critique and want to force your stuff on our throats. you repeated many times how ppl with differing opinions shudnt be assosiated with u and thrown to the board etc. what kind of capitalist investor behaves like that?
Im not "more interested" in you, im interested in politics and how to stop leeching capitalist scums like you exploiting our countries, creating social classes and poverty. this isnt how economies are built. Theres difference bw free markets and greedy capitalists

Dear Politician,

See you on the road to development. After your term is up, a capitalist will hire you on his terms.

 

[Apollo]

Getting business advice from this place is the dumbest thing you can do. You will only get bad ideas. Consult specialized business websites for good ideas. Everyone has an opinion on politics as humans are naturally political, business on the other hand is a specialized field.

Also, stop calling yourself a capitalist. You are not one. You are a ''temporarily embarrassed millionaire'' lumpenproletariat.

 

[Deactivated]

Getting business advice from this place is the dumbest thing you can do. You will only get bad ideas. Consult specialized business websites for good ideas. Everyone has an opinion on politics as humans are naturally political, business on the other hand is a specialized field.

Also, stop calling yourself a capitalist. You are not one. You are a ''temporarily embarrassed millionaire'' lumpenproletariat.

Hahaha, I only came on this forum for the business forum. Do you know this is the only Somali website that was a business forum online? The only thing this place has is collaboration and expensed in the wrong way.

So let me ask you something. If you want business advice related to Somalia are you going to head up to your little Frankfort business centre?

If you're going to start a business in Germany, you research the German market. If your online based you find your target audience. But if you're doing business in Somalia and navigating its unique environment, what will a German business specialist do for you?

I own a business and I purchased it from this website not long ago: www.empireflippers.com

No drop shipping bullshit, no online tutorials to teach me how to make money and get rich. I'm not a sucker. I purchased a business that was already running after closing up shop in another one.

I'm here to help young Somalis not get bamboozled by get rich quick schemes. And contribute to capitalist narrative and not the politician one that doesn't get you paid.

Später ficken,

 

[Apollo]

Hahaha, I only came on this forum for the business forum. Do you know this is the only Somali website that was a business forum online? The only thing this place has is collaboration and expensed in the wrong way.

So let me ask you something. If you want business advice related to Somalia are you going to head up to your little Frankfort business centre?

If you're going to start a business in Germany, you research the German market. If your online based you find your target audience. But if you're doing business in Somalia and navigating its unique environment, what will a German business specialist do for you?

I own a business and I purchased it from this website not long ago: www.empireflippers.com

No drop shipping bullshit, no online tutorials to teach me how to make money and get rich. I'm not a sucker. I purchased a business that was already running after closing up shop in another one.

I'm here to help young Somalis not get bamboozled by get rich quick schemes. And contribute to capitalist narrative and not the politician one that doesn't get you paid.

Später ficken,

I was just joking around. You're a good guy. But I'm not into starting a business, at least for now. Lousy bureaucrat here.