You are a Somali Investor!

[Maf Kees]

Somaliaonline has been kind of dry lately, so I'm posting a stimulating, useful thread.

 

Say you're a Somali man or woman in the diaspora. 30 years old with the intention to leave for Somalia to invest in a business project. You're armed with an MBA degree, experience as manager in the corporate world and a $1.000.000,- budget (part savings - part loans) for your business.

 

Additional money is needed for the relocation of your family to Dubai to keep them closeby. And also a villa ($30.000,-) with toyota landcruiser (5.000,-) in Somalia itself for your stay while you start and manage the business. Till the house is ready, you're staying in a nice and clean hotel in Somalia.

 

Allright, got the picture with the useless information in the second paragraph? Close your eyes, take a deep breath and picture yourself in this situation.

 

OK, now try to answer the following questions:

 

• In what kind of business would you invest in and why? (hotel, trading firm, ICT, media etc.)
• Where in Somalia would you invest in and why? (Mogadishu, Hargeisa, Bosaso etc.)
• What will make you stand out from the rest of the local businessmen as a young person from the diaspora? (efficiency, long-term strategy, professionalism etc.)
• What will your business contribute to the Somali people? (lower prices, better services, filling up a vacuüm etc.)

If some nomads feel answering all the questions takes to much time and energy, just the first two questions is fine to. Bal adiga haa iswaalin, waxa aad ka jawaabi kartid ka jawaab.

 

Try to be realistic, honest and serious and consider Somalia's present-day state while you're at it.

[Conspiracy]

None of the above , I wouldn't invest in Somalia to start with!! they prob. going to fight again and loot everything I do.

I'd go start my little sole trade or little project in western socitey and live comfoy till ever after :cool:

[Nur]

Farah Blue

 

An MBA in finance and a Million Dolllars doing biz in Somalia?

 

Wonderful idea, here is what eNuri Business Developers Suggest for that kind of Talent and Money.

 

The following is a free Business Development Consultancy for all Somalis reading this page, please be free to share with al businessmen, with condition of mentioning that they have read it at Somaliaonline, and eNuri Business Advisory and Development. eNuri's business is the well being of Somalis, no rayalties are solicited.

 

 

A Charitable/profitable Business Ideas

 

 

1. Establish a Charty Organization based in Washington DC

2. Vision: Educating and Skills training of the poor, Rural Development,

 

A. Education:

 

Opening of Five K-12 Schools in Five main regions: Jubbaland, Central, Northeast, West and Somaliland.

 

A1: Skills Training:

 

Dairy and Cheese making principles

Fruit Preserve making ( Tomatoe paste etec)

Embroidery for housewives

Small machine maintenance ( Yamaha boat ingines for fishery)

Windmill assembly and maintenance

Farm pest control methods

Fruit and vegetable prudiction planning and implementation.

farm management skills

Animal Husbandry and vet science.

HACCP certification ( Hazard Analyses and Critical Control Program) For fisheries cold meat exports reqquirements

 

A2.Research Labs:

 

Camel Milk Research Laboratory

( Largest number in the world, appx. 9 million camels) Camel milk is being investigated for its antibodies which is believed that it can kill the HIV virus. The only milk with Vitamin C, and loweset fat, not mentioning its energy boosting qualities.

 

Herbal Science Research Laborary:

Somalia has some of the most diversified natural Flora and herbal remedies plants and vegetations

 

 

B. Rural Development:

 

Fisheries:

 

Boat building and leasing business, fishermen as partners ( 1/3 of catch for fihserman, 2/3 for investor).

Freezers on shores for colllection and export.

 

Water Resources:

 

Contact eNuri Well digging specialists, to show you how you can did a water well up to 75 Meters deep with a system that costs under 10K dollars, in an hour operated by a single person.

 

Dairy Manufacturing:

 

Empower the villagers to manufacture cash goods like Goat cheese to be exported to fat people in developed world.

 

Buy 1000 milking goats @ 30 dollars each, deliverry trucks, a cheese making apparatus complete with a freezer powered by windmill power, train villagers to run business, and share profits with them. ( Goats will have five kids every two years, in four years you may haveat least five thousand milking goats.

 

Other Community Supported businesses:

 

Agricultural Produce ( Corn, wheat, vegetables and fruits)

Honey Export business ( great income, low investment, free workers ( busy like a bee)

Fruit juice, dried fruits, export business

Low Cost housing building machines for rural housing

Stone cutting and export business

Fishery export.

 

 

That was my quick thoughts , details available upon request

 

 

Nur

 

 

2006 eNuri Charitable Business Development

Better Than Cofe Anan, UN Thief Executive's Programs

[opportunist]

Say you're a Somali man or woman in the diaspora. 30 years old with the intention to leave for Somalia to invest in a business project. You're armed with an MBA degree, experience as manager in the corporate world and a $1.000.000,- budget (part savings - part loans) for your business.

 

^^ do U mean US $ 100,000 or 1000,000 million here.

If US$100,000, which isnt that much to acquire. then almost if not all us would be heading to somalia/somaliland if the rewards of investing in the homeland was that promising as it sounded should U only need to have $100,000 US in ur savings or whatever, which means Your own savings plus a few loans here and there.

Now should one not have any access baggage like kids and a wife, not to mention inlaws that come with thier own baggages, than all should be under a calculated risks, meaning a cautionary tale should be in place for the good of all.

 

So in this Scenario, say one should have a certain degree, and a certain amount totalling around $US 100,000 and feeling uncertain about investing in a hard earned money in somalia/somaliland, but yet far and far away from the million mark, what should one do, if one decides to pulled it away from the mutual funds or shares?????

[Maf Kees]

^ War waa 1.000.000 = 1 million belo ku sii qaatee!

 

Nur.

 

That was extraordinary. Feel free to go into details. Everything you listed is needed, possibly profitable and most importantly useful for the country. Your list made me remind of this this company I saw on the Somaliaonline homepage. A collegebuddy of mine was planning to start a consultancy firm in Hargeisa after his studies and I laughed at him like he was crazy. But now I see he wasn't that far off the mark.

 

 

I would personally invest in a Media Network and call it Muraayadda Television. With things unseen before in Somali media such as:

 

• Somali subtitles for Bollywood/Hollywood flix. No more: Alla wuu soo jeestay. Sidey fiirineysey maad uu jeedey? Waa la dharbaaxay. Weey qososhey. Wuu faraxsanyahay! Now Maryoley will know what the Atooros are talking about!
• Soaps and cartoons in Somali language synchronisation. The women and kids will not like it at first, but they will get used to it.
• Callers can call live with Somali wadaads to ask questions. You will be amazed by how many Maryoley will call.
• Talk show with diverse topics that interests Somalis. Talk show host will encourage participants to fight with each other like Jerry Springer. It must be a Somali program of course.
• Reality show where Somalis with different lifestyles and backgrounds will be followed. Somali people in an interracial marriage or Somalis with phobias.
• Survival shows where 10 Somalis from the diaspora will be dropped in Somalia in the countryside with a nomad family for 6 month period. The players will be subjected to a hard life and challenges. At the end the nomad family selects the winner.
• Somali comedy show. Half an hour program where 3 Somali comedians can crack jokes in 10 minutes on the stage. Audience will be given green light to throw their dacas at them if they are not funny.

   

  and so much more.

[mantra]

here's what Mantra would do..

please bare in mind im not very business oriented..

 

In what kind of business would you invest in and why? (hotel, trading firm, ICT, media etc.)

 

I'de take my money and invest in property. Yes, there may be a war of sorts going on but people still need shelter...

So Mantra would start on a small scale..building houses for people on the lower end of the spectrum.. easier said than done you say..

well heres the plan ..Mantra Housing Combany (MHO) will implement a plan very similar to that of Habitat for Humanity, (for those of you who arent in the know.. http://www.habitat.org/default2.aspx. If your thinking what im thinking that means major bucks from the UN) using the people as a task force to build their own houses is much easier than hiring construction workers...I'll be avoiding major loss and at the same time bringing the people together as a community to help themselves attain a better quality of living..What could be greater than that?

Ofcourse that would be the charitable aspect of MHC, since profit is the main aim here I would use my political affiliation to various tribes (imagination at work) and sign a contract to construct new govt buildings and redo damaged ones, obviously cheap labour would be easily attainable.. How would I land this contract you say? I give a few favours here and there..say pay a certain warlord.. marry off my daughter to another.. behead anyone who dare opposes me.. and so forth, nothing to it really..

 

Where you ask..well im not too familiar with the layout of Somalia..i'll get back to you on that one. Erm that’s all folks!

 

^^^^^

Load of crap..completely disregard everything you just read…think im better off starring in your soap opera...

[Nur]

Farah bro.

 

Please select where to post more detail. This is a free service, and while at it, what region do you have in mind, eNuri solutions are region specific since they have different needs and resources to exploit to meet their needs.

 

 

Nur

[Gordon Gekko]

I actually liked the Mantra Housing Company idea.

[Yaabka-Yaabkiis]

That was my quick thoughts , details available upon request

Nur, If that was Your quick thoughts, i am sure you have what it takes to be social entrepreneur.

 

Yaabka-Yaabkiis.

[Yaabka-Yaabkiis]

As Be-Happy, I would simply invest in K-Economy business activities/ventures. Nur pointed out some of those activities.

[Allamagan]

Nice Read all. Peace and stability (low and order) is the key here, without these in place sooner or later you will be wasting your time and money. Yet against all odds we have witnessed many businesses flourished in these circumstances by them taking risks. So am not willing to take risks like these guys, so I agree with Conspiracy and given the situation of lawlessness Somalia finding itself in I dont think I would invest some money in there. So not this time!

[Kool_Kat]

Originally posted by Farah Blue:

Try to be realistic, honest and serious and consider Somalia's present-day state while you're at it.

Did you say to consider Somalia's present day situation? Hell NO I wouldn't invest a penny let alone a million dollar...Not today, not tomorrow, not even the day after...Mala isku dheelaa? I might as well put that money in the toilet and flush it...

 

I would join Conspiracy and Allamagan here...Hayeh what could we do with $3,000,000?

 

 

**Waves HI @Allamagan**

[Fabregas]

^^ Somalia is very much a place for investment! Of course, though, some people have given up all hope!

[Buuxo]

I would invest in somali Tourism,I would create a great railway stretching from Bu'aale to Caluula overlooking the beautiful hawd, landscape and Indian Ocean.Of course the passenger train will include spacious and luxurious cabin and entertainment. Due to be complete 15yrs following sanadka nabada-iyo-barwaaqad.

[Abdulladiif Al-Fiqih]

^Tourists reer galbeed ah ma rabno! We dont want infidels in our country Buuxo...Bu'aalena railway-gaas marinmaysid e meel-kale mari eedo