All of Somalia is a START-UP. In the west people creating start-ups to solve problems that don't exist, or they start business to RAISE money not MAKE money.
If you are stuck on an IDEA, Take the hard copy of the "Yellowpages" Or whatever your country has that shows all the businesses in your city.
Take that Yellowpages, go outside and let the wind hit it--stop on a page, close your eyes. And guess what? That business doesn't exist in Somalia or is an Infant industry and nobody has created.
Here's are Three of the most over looked and crucial components of entering the somali market.
Always, Always get your banking correct before you start anything is Somalia.
You need to move your companies money in and out of Banks incase something goes wrong.
A) Step one:
i)Open an HSBC international business account, this way you can land in Dubai and get access to funds right away.
ii)Open another bank account in Dubai that recognizes Somali banks.
iii)Whatever business you will be starting, you will most likely need an Alibaba account to source supplies and expenditures used
often to run your business.
B)Step two:
i)Always use a fucking policy and procedure manual. This way you don't have to keep telling people what you expect of them.
Here's the format I use for anything:
http://www.inc.com/david-finkel/why...dead-and-what-you-should-replace-them-wi.html
C)Step three:
i) Start with something you are good at, or proficient in. If not whatever you start it will be a great opportunity.
People don't put respect on starting a startup in Somalia. The whole country is a START-UP. American entrepreneurs are desperate
to access anything, and its getting harder and harder to make money in the US because of regulations.
Just pick anything and you will be find.
The whole country is a Start-up bro
