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Re: American, US Based, And US Aspirant Derailer Thread by Babyvet: 12:03pm On Aug 17, 2018 |
When you say business , what type of businesses are you talking about? |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 12:50pm On Aug 17, 2018 |
Babyvet: Who are you asking, so.the right person can answer? Btw, where is Holocene? I would have thought he would have booked his spot. It has low key irritated me. |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 12:59pm On Aug 17, 2018 |
Tech startup Babyvet: |
Re: American, US Based, And US Aspirant Derailer Thread by Babyvet: 1:32pm On Aug 17, 2018 |
Backfornow: I’m directing it to anybody that has established a business in this country. |
Re: American, US Based, And US Aspirant Derailer Thread by Babyvet: 1:34pm On Aug 17, 2018 |
lillaowow: Lol, , no come start trouble here. |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 1:36pm On Aug 17, 2018 |
Babyvet: Oh you mean tell us what type of business you are operating. Good idea. |
Re: American, US Based, And US Aspirant Derailer Thread by Babyvet: 1:45pm On Aug 17, 2018 |
Backfornow: yes they need to be specific and share their experience. Like for example , if they own a store , they could share the type of store they have , how they raised capital, hiring employees, getting customers etc . That’s what I mean. Someone had mentioned that opening a business was very easy ( which I don’t think it is) , so I need more specifics. |
Re: American, US Based, And US Aspirant Derailer Thread by Nig4Greatness: 5:30pm On Aug 17, 2018 |
Backfornow:... Kindly take off the word derailer from the headline,let it be a thread borne out of genuine motives. Thanks |
Re: American, US Based, And US Aspirant Derailer Thread by Nig4Greatness: 5:39pm On Aug 17, 2018 |
Dremca:.... You are still in Nigeria,are you planing of coming over anytime soon??..or why the lure of starting a business in America??. |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 6:21pm On Aug 17, 2018 |
Nig4Greatness: The motives are genuine, as can be seen by the content of the thread so far. I like the title because it has significance for me and so it shall stay. Thank you for your input. |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 6:35pm On Aug 17, 2018 |
Yes I am in Nigeria currently and making plans to move to the US. Starting and running a tech business is my passion as Nigeria doesn't have the environment to encourage tech startups. I am very much concerned about the low number of black in tech in silicon valley and that's why am much concerned to know the reason for that, whether is die to racism, lack of interest, environment or any other factors and as people who have lived in the US, what advice do you give to a budding technopreneur coming to the US. Nig4Greatness: 2 Likes |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 6:53pm On Aug 17, 2018 |
2. Partnerships This is the second type of business ownership. It is defined as an association of 2 or more persons who carryon as co-owners of a business. Partnerships are the least used form of business used. There are 2 types of partnerships:general and limited. A general partnership has complete sharing in the management of the business this includes debt. Each partner has unlimited liability for the debts of the business. Examples are lawyers, architects, and accountants. Limited partnerships has at least one general partner and at least one limited partner. This general partner assumes unlimited liability. The limited partner liability is limited to his or her initial investment. General partners run the everyday activites of the business and accept most of the risk. The limited partner do not participate in the everyday activities of the business but do receive a share of the profit. Examples are real estate partnerships and oil drilling partnerships. Anyone considering this type of business structure should make an article of partnership. Articles of partnership are legal documents that detail the basic agreement between the partners. Ex how much money is invested, the roles of each partner, and how the business should be carried forth if one partner wants to leave. Next time Advantages and Disadvantages of Partnerships 1 Like |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 7:32pm On Aug 17, 2018 |
I've taken the front row seat Backfornow: |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 7:41pm On Aug 17, 2018 |
Dremca: I think the upcoming segment on corporations will be more of interest to you. Did you look into that movie I was telling you about? When I first heard of it, I wasnt interested bc I didn't care about McDonald's. But it is a good movie to watch for entrepreneurs bc it makes you think about innovation and the importance of protecting yourself. 1 Like |
Re: American, US Based, And US Aspirant Derailer Thread by hammed71(m): 7:45pm On Aug 17, 2018 |
Backfornow:please what movie is that |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 7:46pm On Aug 17, 2018 |
I'm waiting for pirated copy sold on the street. In Nigeria we don't buy movie from Netflix, we buy from street vendors. Backfornow: 1 Like |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 7:48pm On Aug 17, 2018 |
hammed71: The Founder made in 2016 with Michael Keaton |
Re: American, US Based, And US Aspirant Derailer Thread by hammed71(m): 7:50pm On Aug 17, 2018 |
OK thank you. |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 7:51pm On Aug 17, 2018 |
Bossman and other tech gurus in the states, your contributions is very much needed. Dremca: |
Re: American, US Based, And US Aspirant Derailer Thread by Nig4Greatness: 9:19pm On Aug 17, 2018 |
Backfornow:..... Lol..I never said the motive was not genuine, you got the message all wrong.you already had the intention of creating something like this before the bickering on the other thread got out of hands.I reason the word derailer shouldn't make it look an offshoots of that thread. |
Re: American, US Based, And US Aspirant Derailer Thread by Nig4Greatness: 9:24pm On Aug 17, 2018 |
Dremca:... Are you doing anything techs related in Nigeria presently??. Can you shed some light on the bolded??. Let's start from there. |
Re: American, US Based, And US Aspirant Derailer Thread by Holocene(m): 9:42pm On Aug 17, 2018 |
Backfornow: Hi guys, I was buried under a load of work and I couldn't get time off to type shi.t... Nice move with the new thread. Hopefully we ain't gonna have guys comparing how much hairs they got on their damn balls here. |
Re: American, US Based, And US Aspirant Derailer Thread by Basiljoe: 10:52pm On Aug 17, 2018 |
EgunMogaji:How do you run both businesses in USA and Nigeria? I could use some tips. |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 11:00pm On Aug 17, 2018 |
Cost of buying data is very expensive compared to what is obtainable in developed countries. I won't mention electricity as generator can serve and access to funding is also a big issue. No venture capitalist as it is in the US, what we have in Nigeria are international funding agency and foundations which are more competitive. Nig4Greatness: |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 11:32pm On Aug 17, 2018 |
Basiljoe: It would not be possible without three things 1) Internet - based on the business that you're in, the internet makes it just as if you're on the other side of town. 2) Banking - it's easier now to do electronic banking. With a global bank account, deposits can flow in and you can get alert on your phone anywhere in the world, verify via internet banking from anywhere in the world. You can also make transfers to vendors from anywhere in the world. Make sure you run a "No Cash" business. This is important. 3) Trusted Person - you need a trusted person on the ground. You need to treat this person very well. My person gets a bigger share of deals than me the owner of the investment But I'm okay with that. Just be creative, treat your partner well, don't let anyone touch your money. Bank deposits only. Good luck. 13 Likes 1 Share |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 11:34pm On Aug 17, 2018 |
Dremca: Depending on what industry you are in, you can get free 24/7 electricity. Is it cheap? No. May not be even feasible once you calculate the amortization. But it's available nonetheless. |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 11:37pm On Aug 17, 2018 |
Dremca: If you have a viable idea/product then no one will really care about the color of your skin. There are lot's of african american in silicon valley. I lived there for about 3 years or so. 3 Likes |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 11:37pm On Aug 17, 2018 |
I won't complain of electricity since am into tech niche but cost of data in Nigeria is still far expensive. EgunMogaji: |
Re: American, US Based, And US Aspirant Derailer Thread by Dremca(m): 11:39pm On Aug 17, 2018 |
What was your experience like living in the midst of white majority. EgunMogaji: |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 11:41pm On Aug 17, 2018 |
Babyvet: It's not impossible to open a business in either locale. If doing business was easy then everyone would be doing it. It does require some internal fortitude, dedication and sticktoitveness. I do various things but I like to identify myself as a Customer Solutions Provider Vague? You betcha. But that doesn't matter a much as everyone following their own dreams and ideologies. |
Re: American, US Based, And US Aspirant Derailer Thread by Nobody: 11:43pm On Aug 17, 2018 |
Dremca: I had no issues, none at all. Here's the shocker. Get ready for it. The most issues that I've had in my entire over 30 years here has been at the hands of African Americans. I will take a white person over most black people. There, I've said it. Get out the pitchforks but please no Tesla Flamethrowers 9 Likes |
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