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Stop donating to the gov ya'll
this is not economics, let them do their damned jobs. Wow.
this is not economics, let them do their damned jobs. Wow.
This is how I see it. You want us to gain trust in your ability, invest what you have in achieving small scalable wins and then ask for money to expand. As as business owner, I could have asked my parents or family for a loan to start what I want to do with my own vision. 1/3
and obvs if we did well, my family was going to reap the benefits even without investing, but my co-founder and I pooled whatever we had and said this is it, it's our seed capital and we'll run dry then figure it out.
Before we ran dry we managed to attract trust in our capability & haven't invested a dime since that first year. Now our vision is funded by our ability to attract capital towards it while mutually benefiting our partners and naturally those close to us.
MANY people I see around me are afraid to put their own capital up for their own vision, they'd rather convince someone of their ability FIRST before gaining traction. 1- it's defeatist 2-do you REALLY have nothing to start with? 3- investment shd be evidence based, not talk
This is one of the many reasons y we lack innovation in Sudan; we're not putting money in places that have risk factors or no clear path or no given industry to uptake it. This thread has over-run itself, but the point is:
The Sudanese government has got to be kidding me with this defeatist approach to things. WE KNOW the gov has access to money pots, but either the civilian section is spineless & can't get the askaris to show them the money(case in point ustaza Asha's plea the other day) or
the entire cabinet is opportunist and wants to rely on donations by strangling the population with guilt-traps, instead of figuring out something between their many decorated degrees. Count me un-efffing-impressed. End
