How Technology Has Revolutionized Money-Making in Africa

There is no topic that interests me more than making money and narrowing it down even similarly. There is no precise problem in getting cash that jazzes me more than using broadly available generation. And I am no longer speaking hi-tech right here. I imply simple eras like the cellular telephone, electronic mail, etc.

Why does this hobby me so much?

Because I believe there are large possibilities to make tons of cash from enterprise for individuals who employ technology to do things that had been previously impossible to do. This article explains everything in simple language, and I truly give you practical reports from my life. I started within the very low-tech fundamental traditional business of printing. I used to make some superb cash printing letterheads, commercial enterprise cards, and so on for various clients, large and small. Then, computer systems got here and turned the entire industry upside down. The computer made the workplace paperless and accordingly in want of a good deal, much less stationary.

Clients who required 5000 letterheads now device 500 for 12 months and communicate using email and even SMS messages. Computer systems and cellular telephones invaded the marketplace at approximately the same same time that easily available loans made subjects worse. Hence, nearly everyone given a mortgage in Nairobi sold a printing press. The result was that we had too many printing machines around when the market for printing jobs was shrinking swiftly. To cut a long story short, I got into critical financial issues. I became auctioned and misplaced all my fixtures and electronics inside the house and the entirety of the office (including, sarcastically, a laptop I hadn’t even completed procuring).

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Then, one day, a vintage buddy prepared me to get a pretty profitable printing activity from a purchaser in South Sudan. The customer sent me the artwork from Juba as an attachment to an electronic mail. And then he wired me the coins. When I was accomplished with the process, I took it to Wilson Airport, where it was flown out. I ended up with a few quite appropriate cash that gave me a touch of respite from the massive economic strain I changed into going via at the time. I sat down and reviewed the role of technology in enabling me to serve a customer who was now away without leaving Nairobi. I asked myself, “Could I get more customers in South Sudan while I turned into Nairobi? In that manner, I could not be slowed down through the crowded shrink-making marketplace for offset printing in Nairobi.

My thoughts quickly zeroed in on the era as a device to help me make money in increasingly more antagonistic enterprise surroundings. I have by no means seemed lower back because. To reduce the chase, I got an excellent job in Dar-es-salaam, Tanzania, where I am based. When I went there for the first time, I I thought I might hit that beneath-evolved market with all kinds of services and products and become a millionaire overnight. But alas, it was by no means to be. I turned into speedy brought back to the fact that even my Tanzanian employers ran into serious troubles seeking to get me a work permit to work in that country.

To be sincere, I misplaced quite a piece of money, trusting locals to act as my front as I tried all kinds of businesses that failed one after the other. My wife was upset about my persistent “investments” into cash-draining failures and talked about how the misplaced coins would have been sufficient to shop for a huge top plot in Athi River or Kitengela. It sincerely angered me when she stated this, especially as it became proper. Then it dawned on me that I did not want to war within the Tanzanian marketplace, which I did not recognize thoroughly after I tried to use generation to do commercial enterprise in Kenya even as I became mired in Tanzania. It is no longer easy sailing to what I have today; however, sooner or later, I got to set up something that works like an attraction.

I have two corporations that do extremely well. I sell cars in Nairobi and Mombasa as an intermediary. I advertise my vehicles using the noticeboards at Sarit Centre in Nairobi and some others at Nakumatt in Mombasa. I do my shade poster for the cars on my PC at home, and then I print out the signs. Bodily send them via Akamba bus from Dar to Nairobi and Mombasa. They would be picked up and positioned upon the respective observe forums for me to begin receiving inquiries. The entire exercise might cost me approximately 4,000 bobs. But nowadays, the generation has made it even less difficult and much cheaper. I use a new blog website wherein I hire someone in Nairobi and every other in Mombasa to obtain my posters as a PDF attachment in their email. They then print them out and put them up at Sarit Centre and Nakumatt Nyali, respectively.

I pay them the best Kshs 100 shillings every for this simple errand. I do this through the site, meaning they do not receive a commission until they have carried out the venture efficiently. I generally ship them the coins through Mpesa to the innovatively simple website. I use this guy in Dar who travels with buses every different day to Mombasa and back, and I give him the coins in Tanzania shillings. He deposits Mpesa in Kenya shillings and sends the cash to the recipient when he’s in Kenya. To confirm that the paintings are finished, I virtually call a chum in Westlands and ask him to go for lunch at Sarit Centre and test if they see my poster. I had a similar issue with the Mombasa poster.

I ought to, without difficulty, use the same site to rent anyone else at one hundred bobs to the head and look at and verify that the posters had been put up, but I guess I need to keep 100. The cell telephone advertised is my one (which fits in Tanzania). When clients call, I tell them as much as I can, approximately the auto after, directing them to view it. I painted about three unique main vehicle importers in Mombasa. When they buy the car, the sellers deposit the finances in my KCB (Kenya Commercial Bank account), and I can then get admission to the price range via an ATM in Dar-es-salaam. Whenever my contacts get new cars in Mombasa, they publish them on their websites, and I surely download them from there and create my income poster. Simple, however, it works.