The mechanism, from the book
1.5 million people abroad who know how rich countries work, and who send home money and little else.
Every idea in cluster 18 uses this mechanism.
A first step
Visit four Sri Lankan restaurants in one city abroad and ask the chef where the spices, the rice and the dried fish come from and what they pay. Get a quote from a wholesaler at home for the same items, shipped. If one restaurant agrees to a trial order at your price, you have the first account.
- Who pays first
- A Sri Lankan restaurant abroad that buys through intermediaries and wants the real product, traceable to the island, at a steady price.
- What leaves today
- Ingredients for Sri Lankan food abroad pass through other countries' wholesalers; direct supply keeps the margin and the origin with the island.
The idea and the mechanism are from the book. The first step was written for this site as a suggestion; if you know a better one, say so.
The test
Does it keep value that now leaves the island, or build the proof that lets somebody else do so?
The only test any idea on this site has to pass. The four rules that go with it are here.
In the book
- Ch. EightWhat It Costs to Go First
What bonds sold to Sri Lankans abroad have and have not done - Ch. SixteenThe Bridge
The institutions that could carry value back
More from cluster 18
- 361A directory of Sri Lankans abroad: who does what, where, and what they will help with, verified
- 362Return-relocation services: the school, the house, the car, the tax, in one package
- 363Sri Lanka House in London, Melbourne and Toronto: a shop, a café and a desk, the Colombo model abroad
- 364Money-transfer products that buy a specific thing at home, a course, a machine, a roof, rather than cash
- 365Investment clubs of Sri Lankans abroad that own one business each at home, with a manager on the ground
- 366Import agencies in each city with a Sri Lankan community, stocking Sri Lankan brands and nothing else
Idea 372 of the 500 in the appendix of Why Not Sri Lanka? Every one can be started by one person, one family or one small firm.
