About this episode

Derrick Abaitey discusses his journey from importing surgical masks during COVID to building successful businesses and the mindset required to overcome challenges.

From importing surgical masks during COVID to building multiple businesses across continents, and why the brutal truth about getting unstuck is that you can't just sit there like a pigeon waiting for someone to put you on because there's something you can put yourself on when you first stand up trust your guts and go out and surround yourself with sharks who are successful people with problems that need solving and every person on earth has a problem even God has issues trying to make children on earth not sin which is why preachers arise providing solutions to God's problems and that's why He blesses them, the young entrepreneur who discovered that to import a whole box of surgical masks during COVID cost less than a dollar but one single mask was selling for 20 cedis in Ghana proving the system does not support local produce in any sector whether health or agriculture because local products are always more expensive than imported ones, the businessman who brought masks into Ghana and watched the price drop from 20 cedis to 5 cedis then 2 cedis then 1 cedi while still making profit showing how predatory pricing works when someone enters the market with better connections and…

People in this episode

Host: Derrick Abaitey

Topics covered

• entrepreneurship
• business strategy
• importing goods
• pricing strategies
• local vs imported products

Keywords

• surgical masks
• COVID
• entrepreneurship
• business
• pricing
• local products
• importing

Mentioned in this episode

Organizations: Mahema, Viet Star

Places: Ghana, Congo

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