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RE: Starting a business in Africa... is just like investing in Cryptocurrency

in #africa7 years ago

Well @nanzo-scoop. I do personally agree with you . Cryptocurrencies involves taking risks and unpredictable future revenue. They are countries that really amaze me like Congo DR, Uganda, Burundi and many others. You can start your business, it's works well and all of a sudden some event may happen and you loose it all. During strikes or other political instabilities you can loose it all.

Still, we should learn to take risk and make profits. I'm in Uganda and many people I included, have started businesses and then failed, we tried to understand the market and then failed. The only choice was just to take more risks and close eyes. This strategy worked since everyone is ready to gain or loose.

Finally, I wouldn't discourage people to invest back home in Africa, but would just Suggest that people should study well the market and at least learn to make some risks to earn more in the future.

Greetings from Uganda

@jona12