im looking to start a business and was wondering what exactly i could do? i have been thinking baout htis for a long time but with our rate of inflation in southern africa most businesses are just not possible.what would you suggest is good i want something that targets maybe those who are going to school from primary to university etc. other proposals welcome too.
2007-01-04 01:51:18 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
My friend has a successful hotel/restaurant business in Port St John. He seems to be doing very well.
2007-01-04 01:54:48 · answer #1 · answered by ? 3 · 0⤊ 0⤋
If you think you are buoyant enough to start up a business in Africa then go for it and stop thinking of the negative side first - i want you to remember the reason why you left your beloved country is to have a better life and also remember the economy stability you are enjoying here was not your making but the making of people with will and positive thinking.Anyway try and open up an Educational centre where people can be taught and improve their skills in all department,i bet you wont regret it.Good luck
2007-01-04 10:04:24 · answer #2 · answered by wise5557 5 · 0⤊ 0⤋
You may be familiar with companies like Costo and Sam's Club in the U.S. They market to those that buy in bulk in order to save money and becuase of this they are successful. The opposite is true in these 3rd world countries in Africa, India, Philippines, etc. These people are not wealthy and require the same items but in smaller portions. In these countries you see single size packets of shampoo, conditioner and food products. These people are less inconvenienced by multiple trips to the local markets. Would you believe that the single serving market selling these item at the pennies on the dollar is a billion dollar market. Why? Becuase there are alot of poor and they need these items in small portions that they can afford.
Also startup ventures that cost alot in the U.S. lot farms can cost a fraction of that in the 3rd world. The profits are less but starting up is the first step to grand success. It's like traveling back through time and investing in business that are successful now but in these countries they don't exist yet. Think about it. Hindsight is 20/20. These 3rd worlds are like traveling back through time.
2007-01-04 10:34:19 · answer #3 · answered by kguy83 2 · 0⤊ 0⤋
I'm making good profit with penny stock. Check here http://trade-pennystock.checkhere.info
Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.
2014-10-22 18:12:26 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If you want to invest in stock in thailand, I recommend you to find information from this blog: http://mergerthailand.blogspot.com/ Although it's just a blog, I think the information might satisfy you, because the writer has put great effort in collecting data.
2007-01-04 10:57:02 · answer #5 · answered by ket 2 · 0⤊ 0⤋
Hi,
Why don’t you start your own forex or shares trading? I could introduce you to one brokerage company in Austria that allows to trade from same account currency (forex), commodities, metals and cfd on shares; total 500 instruments available. If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years and you’ll get my assistance in the future.
Currency (forex) trading is attractive because it is very high income and you could trade from any place in the world and at any time from Sunday night to Friday night.
Another way you could find trader who accepts private investments and invest with him/her.
If you are interesting please pm or e-mail me (press on my name) and I provide you with further information.
Good luck!
2007-01-04 09:55:58 · answer #6 · answered by VP 3 · 0⤊ 0⤋
I would build Green houses and grow fruits and veg in there. Anyone who works in there gets a bit of it and the rest can be used to send overseas.
2007-01-04 10:05:49 · answer #7 · answered by kish 2 · 0⤊ 0⤋
i can put you in touch with a company which produces educational resources for schools and study guides for school age students; they are looking to expand, find new markets + partners
what are your ideas?
2007-01-04 10:04:50 · answer #8 · answered by captain_gunner_stag 2 · 0⤊ 0⤋