Let's blow the dust off this Ganacsiga forum

[Deactivated]

How many Somali friends do you know within your network that own B2C or B2B businesses?

What do you guys think of Hagbad based investments for Somali entrepreneurs raising money to start a businesses?

 

[Vanguard]

Two. One does drop shipping and has his own website. The other has his own storage space and supplies businesses with safety equipment.

The entrepreneur can buy back all of his business when the hagbad finishes. What's in it for the the investors?

 

[Deactivated]

Two. One does drop shipping and has his own website. The other has his own storage space and supplies businesses with safety equipment.

The entrepreneur can buy back all of his business when the hagbad finishes. What's in it for the the investors?

I was thinking 2-3 people investing and owning the same equity.

 

[merka]

Hagbad based investments would be a great idea for companies to raise capital collectively. Why should it only be for hooyos?

There's this online hagbad type app where groups of people lend money to one another. They even came up with a way to mitigate the trust factor where people are comfortable to get in a money pool with strangers.

The entrepreneur can buy back all of his business when the hagbad finishes. What's in it for the the investors?

You can have hagbads between businesses so that they can grow their businesses together. When the hagbad finishes, the businesses will have all benefited.

 

[Somali Legend]

Only 3. The rest are locked up (Free Da Guys Out Da Can), working in oil, engineering, or computer programming.

 

[Vanguard]

You can have hagbads between businesses so that they can grow their businesses together. When the hagbad finishes, the businesses will have all benefited.

How would this work if you're starting from scratch? You'd have to find individuals with similar aspirations. Let's say I wanted to start a business but I've only got half the money saved up. To benefit from a hagbad, I would have to find an entrepreneur who's willing to put in the same amount of money in the same timeframe. If that's not enough, I'd have to join multiple hagbads.

 

[Deactivated]

How would this work if you're starting from scratch? You'd have to find individuals with similar aspirations. Let's say I wanted to start a business but I've only got half the money saved up. To benefit from a hagbad, I would have to find an entrepreneur who's willing to put in the same amount of money in the same timeframe. If that's not enough, I'd have to join multiple hagbads.

They would be 20-75k per person and it would have to be limited to 3-4 people max.

In Hong Kong, the Indians and Chinese with MBAs open stores this way from coffee shops, restaurants to boutiques.

You would need policies, procedures and systems to automate and hire managers to run the business for the investors.

 

[𐒁𐒚𐒒𐒂𐒘𐒂𐒗 𐒎𐒚𐒗𐒗𐒒]

I'd love to join a venture like this. I think 20 K would be a decent starting point.

I was actually thinking of starting an investment group to fill the gaps in the market in Puntland, as it seems a lot of our millionaires are 'scared' of fully committing in Somalia like they do in Zambia and Kenya. "Scared money doesn't make money".

 

[Deactivated]

Puntite Queen eh.

 

[Rorschach]

Puntite Queen eh.

A match made in heaven.

 

[Deactivated]

A match made in heaven.

I just need screen anyone who uses the name "Puntite" they must carry it with respect.

I'm happily married btw. LoL

 

[fox]

Wouldn't mind doing this you know. There's something like this in Islamic banking, i forgot what it was called.

Puntite Queen eh.

Love birds are at it again