Notes

How Technology Has Totally changed Money-Making in Africa
There is no theme that interests myself more than the topic involving making money and narrowing it straight down even further right now there is no particular subject in the particular process of creating cash that jazzes me more than the utilization of widely offered technology. And i also is not necessarily talking hi-tech in this article. I recently mean basic technology like the cell phone, e mail and stuff like that.

Why does indeed this interest myself so much? Due to the fact I believe presently there are huge chances to make tons of cash from company for those which make use involving technology to do things that have been previously impossible to do. This post explains all that in very simple dialect and i also actually give you practical activities from my life.

I started out within the very minimal tech basic traditional business of printing. I did previously make a few very good money printing letter brain, business cards and so forth for various consumers large and tiny. Then computers arrived and turned the whole industry benefit down. The computer system made the office paperless and therefore throughout need of very much less stationary. Clients who required 5000 letterheads now instrument 500 for the entire 12 months and just communicated using email and also sms messages. In order to make matters even worse computers and mobile phones invaded the marketplace at about the particular same time that simple accessible loans emerged so almost everybody who got a new loan in Nairobi bought a making press. The outcome was that we concluded up having too many printing machines around at the time once the market for printing jobs was shrinking speedily. To cut a long story short I got into serious economical problems and We were auctioned and even lost all the furniture and consumer electronics in the property and everything in the office (including ironically a personal computer I hadn't perhaps finished paying for).

Then one day an older friend organized for me to find a pretty lucrative printing job through a client within South Sudan. He client sent us the artwork from Juba as a good attachment to a good email. Then they wired me the particular cash. When We were done with the job I took it to be able to Wilson Airport where it was flown out. I concluded up with a few pretty good money that gave myself a little respite from the considerable economical pressure I was under-going at the time. I seated down and analyzed the role of technology in allowing me to function a client who was up to now away without leaving Nairobi. I asked personally questions like "Could I get more clients in Sth Sudan while I was in Nairobi? That way My partner and i would not be bogged down by crowded and yet shrinking market for offset printing in Nairobi.

My mind quickly zeroed in in technology as some sort of tool to help us make money in an increasingly hostile enterprise environment. I have got never looked back since.

To cut to the particular chase I finished up getting a great job in Dar-es-salaam Tanzania where We are currently based. After i went there with regard to the first period I got na�ve and I thought I actually would hit that under-developed market using kinds of items and services and turn a millionaire overnight. But alas, it absolutely was never to end up being. I had been quickly brought back to reality when even my personal Tanzanian employers ran into serious troubles trying to obtain us a work grant to work in of which country.

In all honesty We lost a substantial amount of money trusting locals to act as my front as We tried all kinds of businesses which often failed one after the other. My spouse got really upset about my continued "investments" into money draining failures in addition to remarked that the dollars I had missing would have already been enough to purchase a big perfect plot in Athi River or Kitengela. It really angered me when your woman said this. Especially since it was true.

It dawned on myself that I did not must battle in the Tanzanian market which We didn't know extremely well once i may use technology to do business in Kenya while I was still employed in Tanzania. It had been not hanging around in order to what I have got today but lastly I acquired to create something that functions like an appeal.

I have a couple of businesses that perform extremely well. I offer cars in Nairobi and Mombasa since a middleman. I actually advertise my vehicles using the noticeboards at Sarit Middle in Nairobi in addition to another one with Nakumatt in Mombasa. check here do my colour poster for the cars in the COMPUTER at home then I used to print out typically the posters and literally send them via Akamba bus coming from Dar all the particular way to Nairobi and Mombasa in which they would get acquired and put up in the respective notice boards intended for me to start off receiving enquiries. The particular whole exercise would certainly cost me about 4, 000 robert. But these days technology has built it even easier and even much cheaper. I personally use a new blog site site where We hire somebody in Nairobi and one more in Mombasa to receive my posters as a pdf attachment in their own email. Additional info printing them out in addition to put them way up at Sarit Centre and Nakumatt Nyali respectively. I pay them only Kshs 100 shillings each and every for this simple errand. I perform this from the internet site which means that will imply get compensated until they may have completed the task effectively. I usually give them the dollars via Mpesa to be able to the innovatively basic site. I make use of this guy in Ceder who travels together with buses every additional day to Mombasa and back and even I give him or her the cash in Tanzania shillings and deposits Mpesa inside Kenya shillings and sends the funds towards the recipient any time he is Kenya. To confirm how the work is completed, I simply call some sort of friend in Westlands and ask him to go with regard to lunch at Sarit Centre and check if they see my poster. I do a similar issue with the Mombasa poster. I may easily use the particular same site to hire somebody different at 100 chad to go and check and confirm of which the posters have been out upward, but I guess I have to save a hundred. The cell mobile phone advertised is the personal one (which works in Tanzania) When clients call I tell these people up to I can about the automobile and then immediate them where you should view it. I assist about 3 diverse major car importers in Mombasa. After they buy the auto the sellers basically deposit the finances in my KCB (Kenya Commercial Bank account) and i also can in that case access the funds via an CREDIT in Dar-es-salaam. Anytime my contacts find new cars throughout Mombasa they post them to their particular websites and We simply download all of them after that and make my sales cacher. Simple nonetheless it performs.

I still have our very well spending job and in the same moment my side business earns an average of Kshs five hundred, 000 every calendar month.

You get the float? Now you know the reason why I am interested within discussing technology and even how to use it to create money through a smaller simple business. Remember that you can do virtually any type of business as the absentee owner since technology now allows you "to get there" without in fact physically being presently there.

Sit down currently and try and even figure out how to use technological innovation for making money.

Mentor Lusweti runs a new daily online coaching programme that helps individuals gain skills to use opportunities made available by technology.
Website: https://cutt.ly/k4AQEn0