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@gypsii_j: #thicktok
Jamie Berriel
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Region: US
Saturday 11 December 2021 21:11:17 GMT
2048
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gym.drew.coach :
Don’t do it
2021-12-11 22:20:43
3
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4 Wealth Systems That Changed My Finances at 31 (Building in Africa) 💡 Here’s what we did, and how my team implements it: 1️⃣ Market Replication System Copy what works abroad. Adapt it locally. Actionable Steps for the Team: • Research 1–2 successful businesses in the US/UK each week. • Identify gaps in Africa where a similar model could work. • Brainstorm how to adapt it to local infrastructure, laws, and customer behavior. • Prototype a small version before scaling. Examples: • Uber → Local ride-hailing apps like Gokada or Bolt • Airbnb → Short-let apartments for domestic travelers 2️⃣ Currency Arbitrage System Earn in strong currencies. Spend in weaker ones. Actionable Steps for the Team: • Identify services or products we can offer international clients. • Open payment channels in USD, GBP, or EUR. • Price for foreign clients while keeping local operational costs in Africa. • Track margins weekly to maximize profitability. Examples: • Export Shea butter to Europe or the US • Run a remote agency serving US/UK clients 3️⃣ Boring Cash Flow System Build in essential sectors people use every day. Actionable Steps for the Team: • List top 10 daily essentials in your target city or region. • Research demand, supply, and recurring spending patterns. • Build processes to deliver consistently — reliability matters more than flash. • Track cash flow weekly and ensure repeat customers are retained. Examples: • Palm oil, toilet paper, Shea butter • Tricycle transport, local logistics services 4️⃣ Asymmetric Upside System Go where others aren’t looking. Risk is higher, but so is reward. Actionable Steps for the Team: • Research “gaps” in local markets where growth is projected but competition is low. • Validate demand before investing heavily — small tests first. • Identify high-impact areas: renewable energy, cold storage, affordable housing. • Build scalable systems now to capture the market as it grows. Examples: • Self storage solutions in growing cities • Affordable housing or renewable energy projects ⚡ Most Important Thing: Your Team No business runs without people. The best team = systems + skilled people + proper pay. • Make sure processes are clear and documented. • Pay above the market rate in Africa — top talent costs more, but multiplies revenue. • Give them autonomy and accountability — the business should run even when you’re not there. …. But never take your eyes off the game…TRUST ME #financialliteracy #businesstips #sarahadekola #africa
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