Notes

How Technology Has Totally changed Money-Making in Africa
There is no matter that interests us more than topic of making money in addition to narrowing it straight down even further presently there is no specific subject in typically the process of making cash that jazzes me personally more than the particular using widely offered technology. And am is certainly not talking hi-tech right here. I simply mean basic technology like the cell phone, email and stuff just like that.

Why does this interest me so much? Since I believe right now there are huge opportunities to make tons of cash from business for those which make use involving technology to perform things that have been previously impossible to do. This informative article points out all that inside very simple dialect and I actually offer you practical experience from my lifestyle.

I began inside the very minimal tech basic traditional business of making. I did previously make some very good money printing letter brain, business cards etc for various clients large and small. Then computers came up and turned the particular whole industry upside down. The computer system made the business office paperless and therefore throughout need of significantly less stationary. Customers who required 5000 letterheads now tool 500 for the whole 12 months and just disclosed using email and even sms messages. To make matters more serious computers and mobile phones invaded industry at about typically the same time that easy accessible loans emerged so almost everybody who got the loan in Nairobi bought a printing press. The effect was that we finished up having too many printing devices around at a time if the market for printing work was shrinking swiftly. To cut a long story short I got into serious financial problems and I was auctioned and even lost all my furniture and consumer electronics in the property and everything throughout the office (including ironically a pc I hadn't actually finished paying for).

Eventually an aged friend organized for me to get a pretty lucrative printing job by a client inside South Sudan. This individual client sent myself the artwork coming from Juba as the attachment to the email. And then he or she wired me the particular cash. When I actually was done along with the job I took it to Wilson Airport exactly where it was flown out. I concluded up with several pretty good money that gave us a little respite from the considerable financial pressure I seemed to be experiencing at typically the time. I sat down and examined the role regarding technology in permitting me to provide a client who was to date apart without leaving Nairobi. I asked myself questions like "Could I get even more clients in South Sudan while We were in Nairobi? That way My partner and i would not be bogged down by crowded and yet diminishing market for balance printing in Nairobi.

My mind rapidly zeroed in on technology as some sort of tool to aid me make money within an increasingly hostile company environment. I include practically never seemed back given that.

To cut to the chase I ended up getting a very good job in Dar-es-salaam Tanzania where I am currently based. Once i went there regarding the first moment I was na�ve and even I thought I actually would hit of which under-developed market using kinds of goods and services and become a millionaire right away. But alas, it had been never to become. I was quickly delivered back to reality when even the Tanzanian employers ran into serious issues trying to acquire us a work license to be effective in that country.

In all honesty My partner and i lost a substantial amount of funds trusting locals to act as my front as My partner and i tried all types of businesses which failed one following your other. My better half got really upset about my extended "investments" into cash draining failures in addition to pointed out that the money I had misplaced would have recently been enough to buy a big perfect plot in Athi River or Kitengela. It really angered me when the girl said this. Specially as it was true.

Then it dawned on myself that I do not must battle in the Tanzanian market which I didn't know really well while i may use technology to work in Kenya when i was still employed in Tanzania. It was not smooth sailing to be able to what I have got today but ultimately I acquired to set up something that functions like a charm.

I have 2 businesses that perform extremely well. I offer cars in Nairobi and Mombasa while a middleman. We advertise my autos using the noticeboards at Sarit Center in Nairobi and another one from Nakumatt in Mombasa. I really do my colour poster for the particular cars in the PC at home then I used in order to print out the posters and actually send them via Akamba bus coming from Dar all the particular way to Nairobi and Mombasa exactly where they would become found and place up at the respected notice boards intended for me to begin receiving enquiries. The particular whole exercise might cost me regarding 4, 000 chad. But these days and nights technology has made it even easier plus much cheaper. I prefer a new blog site site where I actually hire somebody inside Nairobi and another in Mombasa in order to receive my posters as a pdf file attachment in their email. They then print out them out in addition to put them upward at Sarit Center and Nakumatt Nyali respectively. I pay out them only Kshs 100 shillings every for this very simple errand. Additional info perform this through the internet site which means that indicate get paid out until they have achieved the task successfully. I usually send out them the money via Mpesa to be able to the innovatively very simple site. I work with this person in Ceder who travels with buses every some other day to Mombasa and back plus I give your pet the cash within Tanzania shillings and deposits Mpesa in Kenya shillings and even sends the dollars towards the recipient when he is in Kenya. To confirm how the work is carried out, I merely call a new friend in Westlands and ask him or her to go regarding lunch at Sarit Centre and check out if they notice my poster. I do a similar factor with the Mombasa poster. I may easily use the same site to hire somebody different at 100 bob to go and verify and confirm of which the posters have got been out upwards, but I speculate I have to save 100. The cell cell phone advertised is the personal one (which works in Tanzania) When clients call I tell all of them just as much as I can about the auto and then direct them best places to see it. I work with about 3 diverse major car importers in Mombasa. If they buy the vehicle the sellers just deposit the cash during my KCB (Kenya Commercial Bank account) and I can after that access the cash via an CREDIT in Dar-es-salaam. When my contacts acquire new cars in Mombasa they write-up them to their very own websites and My partner and i simply download all of them after that and produce my sales cartel. Simple nonetheless it works.

I still have the very well spending job and with the same moment my side enterprise brings in an average of Kshs five-hundred, 000 every month.

You get the float? You now know exactly why I am so interested throughout discussing technology and even how to use it to create funds through a small simple business. Understand that you can perform virtually any type of business as typically the absentee owner because technology now enables you "to get there" without truly physically being there.

Sit down currently and try plus learn how to use technologies to generate money.

Discipline Lusweti runs a new daily online education programme in order to men and women gain skills in order to use opportunities provided by technology.
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