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muzani 4 days ago

Malaysian here. Different environment but there's some similarities in that there was no jobs when I started off, and only recently were there unicorns etc, but local funding is still dry.

1) We'll always need tech for bureaucracy. Look for anything that is done on paper that can be digitalized. CRM, POS, LMS, inventory management. These stuff are red ocean and you don't need to convince people that yours is better. Just be better than Excel, simpler than SAP.

2) Anti-corruption is a fertile field in developing nations. That means forms. Payments and payments infra. Malaysia is entering an era where e-invoicing is mandatory for tax cuts. Things like remittance may be difficult too and it could mostly be a paperwork thing.

3) Common advice in HN is jobs good, entrepreneurship bad. But in your situation, the odds of having a business may be 15%, and the odds of getting a job may be 1%. Entrepreneurship is also a lot more difficult if your competitors are people like Walmart or Amazon so the math is entirely different.

em-bee 4 days ago | parent [-]

Common advice in HN is jobs good, entrepreneurship bad

when you can't get a job then entrepreneurship is the only other option. uganda leads the statistics with the highest number of entrepreneurs world wide for a reason.