Questions & Answers
Am I notified of all projects approved by Zambian Entrepreneur?
No, you will not be notified and sent details of all projects. Different businesses will have different requirements from capital to expertise. In addition all partners will have different needs, investment objectives, different risk tolerance and different amounts of capital that they can invest. Therefore any project that you receive is one that we have identified as a potential fit based on our past working relationships and/or information we have about you.
Do I need my own attorney and/or financial professional?
Please note that investing in businesses may not be suitable for all investors and comes with a fair amount of risk. A partner must meet certain income, net worth and other suitability standards. As with any investment there is a chance of loss to part or all of your investment. Consultation with a financial professional and/or attorney is strongly advised before investing in any type of business, along with completing your own due diligence about the opportunity. Furthermore, once you partner with an entrepreneur, in many cases, you will be responsible for monitoring and managing your investment into that project.
I do not live in Zambia, is this for me?
Yes The inspiration behind Zambian Entrepreneur, among other things, arose from the Zambian Community living in diaspora. Internal research conducted resulted in the following major observations about Zambians living in diaspora:
- They acknowledge the tremendous investment opportunities that exist in Zambia and would welcome any proposal that would allow them to capitalize on these opportunities.
- A majority of Zambians miss their home country, but they have nothing to return to, thus welcoming any opportunity that will allow them to invest in building a foundation in Zambia or their current country of residence that would allow them to eventually return home permanently or periodically.
- Investment opportunities in Zambia are out of reach for the ordinary Zambian and can only be exploited by a small group of wealthy Zambians and foreign investors. This is the reason that many of them were forced to seek greener pastures in other countries.
Zambian Entrepreneur will make the first unprecedented step in becoming the first company to provide small business investment opportunities to Zambians living in Diaspora, foreign investors, and the Zambian market.
What if I don’t have a lot of money, should I sign up as a potential partner?
Yes, different businesses will have different requirements from the amount of capital required to the level of expertise required. Not all businesses are capital intensive and in some cases the investment required might not be money, but a particular skill set that you could offer.