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Recent content by Nodus

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    Help to navigate US Dollar Shortages affecting my business

    SOURCING SCALING 
    Melio seems to have a solution for what we want because we can still pay by card and they make the wire transfer, but unfortunately it only works in the US. Any alternatives that work worldwide?
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    Help to navigate US Dollar Shortages affecting my business

    SOURCING SCALING 
    We import from many countries including the US, Germany, UK, China, India. The only African countries we import from are Egypt and South Africa, whose volumes are very low. For China and India based suppliers we already pay them on their local currency. But they peg the payment to the dollar...
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    Help to navigate US Dollar Shortages affecting my business

    SOURCING SCALING 
    Thank you. Will definitely try that service. With regards to converting it multiple times. The loses in this are huge. Since banks have both buying and selling prices for foreogn exchange this can tremendously increase the fees and total payment amount significantly
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    Help to navigate US Dollar Shortages affecting my business

    SOURCING SCALING 
    Shortly I am from Tanzania an East African country, my last intro post was a couple of years ago in this post. How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country We have been scaling significantly since the last time I posted, expecting to hit at least $2M in revenue...
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    You Don’t Have to be a Freelancer

    NOTABLE! HOT! IDEA 
    Its more of $5/DAY in most parts of Africa, $15/DAY is a salary for senior managers and mid to upper levels of corporate or government jobs, When I was a practicing doctor (General practitioner) my monthly income was around $650 per month before tax.
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    Activist Investments

    INVESTING 
    ETFs by definition are not actively managed, and their value is tied to the performance of their underlying assets. If you are inferring about the CENTS - commandment of control, anything YOU can't actively influence and change the inputs required to alter the outcome and performance to a high...
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    I launched a QR menu website, but people are not buying it. I need help

    INVESTING 
    Hi guys, I recently launched a QR menu solution for restaurants. The idea is that by scanning a qr-code, the guest can open the menu on their phone with the speed of a mobile app. What need does it solve? How dire is the need? Will it bring in more business to the customer? Personally, I never...
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    Motivated goal keeps me going!

    INTRO 
    Welcome to the forum Norman. What a life story
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    Friends & family asking for money

    MINDSET PEOPLE 
    Coming from a third world country, this is normal. You find yourself giving alot of money to family members and relatives in desperate needs, I faced this challenge alot. I then decided to invest every cent into my business to the time it hit my pocket no matter how small. You need to have...
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    How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country

    GOLD! EXECUTION 
    Thanks. Its tough to leave the medical field, the sunken costs fallacy reigns deep here. I had several other "push" factors that made me take the leap, and take extra measures such as not renewing my practicing license so as not to run for the hills when the road seems to scary
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    How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country

    GOLD! EXECUTION 
    Capital is a problem when establishing a CENTS based business. Since our business can be both B2B and B2C unlike software, I started out with a few items which were highly in NEED either due to being overpriced or simply unavailable and on top of that they are highly regulated so we had to find...
  12. N

    How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country

    GOLD! EXECUTION 
    Thanks a lot! And thank you for building this awesome platform
  13. N

    How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country

    GOLD! EXECUTION 
    Thanks for reading it
  14. N

    How creative are you? Take this test and find out...

    HOT! 
    Your score is 83.91, higher than 81.2% of the people who have completed this task
  15. N

    How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country

    GOLD! EXECUTION 
    Thanks, you too. On the other issue, the mobile money services are wholly owned by network operators that set the commissions, they lower commissions and have done so before at their will. The tariff thing was just the last nail on the coffin as it raised the transaction charges to almost...
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