Recent content by Nodus
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First time in food manufacturing. I need help!
SOURCINGWhat worked for me in starting manufacturing was to visit manufacturer of the products I want as a client of their products. Physically inspect their premises as a potential client (you may even place a sample order with them to check other aspects of prep time and logistics). Let them take...- Nodus
- Post #6
- Forum: Product Development, Importing, Sourcing
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Help to navigate US Dollar Shortages affecting my business
SOURCING SCALINGMelio 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?- Nodus
- Post #7
- Forum: Process and Execution
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Help to navigate US Dollar Shortages affecting my business
SOURCING SCALINGWe 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...- Nodus
- Post #6
- Forum: Process and Execution
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Help to navigate US Dollar Shortages affecting my business
SOURCING SCALINGThank 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- Nodus
- Post #4
- Forum: Process and Execution
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Help to navigate US Dollar Shortages affecting my business
SOURCING SCALINGShortly 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...- Nodus
- Thread
- Replies: 8
- Forum: Process and Execution
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You Don’t Have to be a Freelancer
NOTABLE! HOT! IDEAIts 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.- Nodus
- Post #175
- Forum: General Business Discussion
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Activist Investments
INVESTINGETFs 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...- Nodus
- Post #2
- Forum: Investing, Crypto, Personal Finance
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I launched a QR menu website, but people are not buying it. I need help
INVESTINGHi 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...- Nodus
- Post #2
- Forum: General Business Discussion
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Motivated goal keeps me going!
INTROWelcome to the forum Norman. What a life story- Nodus
- Post #2
- Forum: Introductions
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Friends & family asking for money
MINDSET PEOPLEComing 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...- Nodus
- Post #6
- Forum: Managing People, Relationships
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How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country
GOLD! EXECUTIONThanks. 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- Nodus
- Post #19
- Forum: Process and Execution
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How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country
GOLD! EXECUTIONCapital 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...- Nodus
- Post #18
- Forum: Process and Execution
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How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country
GOLD! EXECUTIONThanks a lot! And thank you for building this awesome platform- Nodus
- Post #11
- Forum: Process and Execution
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How I made $264,998 at 26 y.o in 2021 living in a 3rd World African Country
GOLD! EXECUTIONThanks for reading it- Nodus
- Post #6
- Forum: Process and Execution
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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- Nodus
- Post #8
- Forum: Books and Educating Yourself
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