Hi all,
My location will be irrelevant to most of you so I won't bother you with it... What May interest you is the following stats... Inflation 23 000 %, Unemployment 90%, Balance of Payment 1 USD : 7,500,000 local Units, GDP - 30 %... Crazy ain't it. p.s this is not a war zone just plane crazy government.
Am I a millionaire yes in my local currency cause I earn 750,000,000.00 a month no in USD cause that is only 100 USD. Savings about 300 USD. Anyway enough of that. Things haen always been this crazy.
I recently acknowledged my 28th birthday and It wasn't celebration time cause I realized that This was the age I have been eying to venture out . LOL one icon here started a bank at 28 and its one of the 13 commercial banks here so there is plenty to do yet.
I am currently the General Manager of a software development company which employs 19 people including 5 software developer. Our flagship software is an Investment management software that we are currently implementing at two Mutual Fund Houses here.
Anyway here is a hint at my plan. I wish to own a venture capital firm at the age of 35... Not too much of a stretch... I will start off by buying businesses outright- don't ask about financing I will find it ps loans here are rare and rates can be as high as 6000%... I am considering buying the businesses in other countries as well cause trying to get into business in a negative GDP country is like running up a downwards excarlator. The cool thing about buying a business is that, if you buy a good businesses you can influence capital allocation. Like buffet you can start off with a textiles business and end up with an insurance empire.
You have all been greeted
My location will be irrelevant to most of you so I won't bother you with it... What May interest you is the following stats... Inflation 23 000 %, Unemployment 90%, Balance of Payment 1 USD : 7,500,000 local Units, GDP - 30 %... Crazy ain't it. p.s this is not a war zone just plane crazy government.
Am I a millionaire yes in my local currency cause I earn 750,000,000.00 a month no in USD cause that is only 100 USD. Savings about 300 USD. Anyway enough of that. Things haen always been this crazy.
I recently acknowledged my 28th birthday and It wasn't celebration time cause I realized that This was the age I have been eying to venture out . LOL one icon here started a bank at 28 and its one of the 13 commercial banks here so there is plenty to do yet.
I am currently the General Manager of a software development company which employs 19 people including 5 software developer. Our flagship software is an Investment management software that we are currently implementing at two Mutual Fund Houses here.
Anyway here is a hint at my plan. I wish to own a venture capital firm at the age of 35... Not too much of a stretch... I will start off by buying businesses outright- don't ask about financing I will find it ps loans here are rare and rates can be as high as 6000%... I am considering buying the businesses in other countries as well cause trying to get into business in a negative GDP country is like running up a downwards excarlator. The cool thing about buying a business is that, if you buy a good businesses you can influence capital allocation. Like buffet you can start off with a textiles business and end up with an insurance empire.
You have all been greeted
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