Ease of doing biz. Entrepreneurs and small business face a spade of challenges especially the indiscriminate taxes and levies imposed by the various levels of government in PK. The explanation is straight forward we just choose not see it.
When u have a vast majority of folks who have never run any thing successful let alone a biz are the ones running this country.They only understand feudal extraction (rent seeking). It is the same as babu mentality.Targeting those who perceptively have something to give.Or loose
When the vast majority of the people running the country are under qualified and lazy across all levels, this is what you get. Worse still, these taxes they collect hardly deliver any benefit society at large or the common man. It is an exercise to siphon for self & their cronies
So where to from here on this issues? It is obvious that a legislative intervention is required to streamline & harmonize the core issues around taxes & levies, including mode of collection, across the country. Key is how to tackle the vested interests of the feudal/ruling class
Or those whose birth right it has been to not consider themselves a part of the tax net or to self assess that it doesn't apply to them. They are either too big to be taxed because the have alternate arrangements, or the corridors of power they walk through have the right payoffs
Sadly no one calls a spade a spade and the employed class plus general citizenry is double triple taxed because they have no stake in this conversation. Yet the folks would should pay taxes prefer paying settlements and bribes. Because the people running the country are lazy
These so called govt reform bodies keep devising new taxes & levies, use multiple officials or industrial vested groups for input on the same tax items, arm-twist but against the wrong audience.Their methods are as obnoxious as rules they impose & the segments they target
In 70+ yrs if u can't get taxation right some ones really gotten this govt and it's systems figured out. U have the same familiar but sleazeballish people benefiting from this hegemony of bureaucrats and lawmakers n their handlers. It's this circle of life that's draining life
From every one else. From the largest city it's employed class to its residential societies subsidizing the rest of the country the imbalance will eventually shock the system. How & when is a matter of time not a matter of IF. The landlord class considers the rest of us
'bloody tax payers' & good for nothing always complaining. Do u think any of these folks have any interest in making sure that ur kids or mine have any ease let alone of ease of biz. They are protectionist at best and psychotic at worse. Expect nothing to change
So long as ur not willing to change them en mass. For one, businesses hardly know what taxes are legal because the laws are not easily accessible and the ones enforcing them are any thing but legal. Questioning the govt or the tax man is akin to loosing ones religion
And we all know the consequences of both. This lack of transparency provides the cover under which the various revenue agents are able to extort and intimidate SMBs owners.But the so called 'tajir' biradri,'traders' & 'industrialists' are aligned when it comes to not paying taxes
The common man also doesn't know the tax break down in everything he buys at source from retail etc because the lazy ones have factored in the lack of tax payments by pretty much every one outside of khi and the employed class in the cost of doing business better-known as
Survival tax to fund the govt and it's apathy. In this circle of life this is taxation without representation to essentially fund a system of failed results and outcomes to further in debt the future generations of the common man.
A self serving bias where the subject is not privy to the reward nor has control to change the inputs. Talk about ease of doing business we need to talk about the ease of survival first. It seems like most of us are struggling to not be dragged down by this system of invisible
Classist regime. U can't see it but it can see u and sure as hell will extract every ounce of blood sweat and taxes. The shabbar syndrome lives on. When the empowered are helpless imagine how deep the rot is. When it's that deep u cut ur losses and re build vs not.
Time for the non political non everything else class of people ie the bloody tax payers to organize beyond Twitter & seek parity else we will be replaced by others with more to loose and further generations of VC citizenry who will fund the recklessness of the lazy ones
Time to stop being lazy ourselves and seek accountability before we even loose the right to imagine that possibility beyond our own headspace @rebootdude @babushka99 @YusufJan @raza_matin @Ash_Kalim @jehan_ara @SaadGH @ShahidM99 @ZMoosaPK @Huk06 @fmsheik

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More from @faizansiddiqi

14 Nov
My first mentor was my professor who told me that if you miss a touch down by an Inch it's not a touch down. Much like if u miss an A by one point. Whilst American football may not be for every one. That lesson ensured that I knew 'almost' is the diff between mediocre & great.
Don't be an almost kind of person. Don't almost get stuff done. Don't almost make it to an event. Be great, go for the touch down in everything u do. If you almost start a company or almost release a product you will almost be a unicorn. Which means nothing. Almost plagues us.
We are a nation of almost. We almost always get democracy and almost also get military rule we almost get good leaders and almost jail the ones that we almost run through the legal system. Almost certain every time that this time things will almost be right. U get the idea?
Read 9 tweets
14 Nov
Don’t let your mentors confuse you, biz isn’t all that complicated: sell 1 thing to 1 person you don’t know, then repeat. Best case, get faster at it along the way and make sure the product/service remains compelling.
Mentors are great so long as you don't confuse them to be CxOs in your biz. Remember your biz is your biz. Seek advice and use them as sounding boards or SMEs. If your mentoring outlook is picking some ones brain, make sure u pick the parts u need vs the parts they aren't using.
Stay away from tittle inflation when looking for mentors. Look for quality of human being.Look for some one with high EQ & empathy. In my experience the best mentors I've had are the kindest ones @ large. It starts by being kind enough to lend you their time followed by headspace
Read 15 tweets
13 Nov
The type of friends or networks you have will contribute significantly to your outlook. If you happen to be a hustler, they likely have the potential to give you deep insights. Locally like most other places, its typically who you know mixed with what you know
That will add significantly to the outcomes you make for your self. Some of the most boring professions make for the best network effect. Having access to commercial bankers, who see all kinds of funding needs & interact with the "traditional" businesses in our ecosystem
tend to be an invaluable source of insights to the most boring and unsexy verticals that can use a hustler. The value unlocked by commercial bankers is second only to pindi boys. The other variety of folks that lend insights are those, who are in the business of being middle men
Read 9 tweets
28 Oct
We are bad at dealing with ambiguity and its known to get worse when there's money on the table. Typically we can take better risks by using a pencil, not our gut, to weigh what a chance is worth. More times than none we over estimate our ability to get it right,worse 4 startups
Perceptive value is a powerful construct, easy to understand, but excruciatingly difficult to use in our daily lives. So it's the value of an outcome X the likely hood it will happen. Seems simple enough, but is it?
Let's look at the low & high. If the fine for littering is 100 & u have a 1/10 chance of being caught as u throw your wrapper outside, right after ur purchase. The expected cost of breaking the law is 10. Do it enough times & eventually get caught that's what it'll cost u.
Read 13 tweets
27 Sep
The future is not female. The present is. The wrong question to ask is "how to get more women in tech" that would imply that some how "men" are the ones giving women power. The ask cant be to have more women take (corp/exec/founder roles)esp with the current mental disposition
The view has to change first. In history no ones given up power by choice. Not much different for companies. Power has to be taken, it can be taken when we all as society/ecosystems amplify the work, women executives & founders are doing across industries. Wont happen over night.
But we have stop over-indexing on male founders. The disposition has to change from thinking women have to seek permission or join some 1 else's band wagon vs launching their own. This narrative changes with us, you dont need to give any one permission, only encouragement
Read 15 tweets
26 Sep
Problems worth solving is a concept worth spending time on. Building an other app for chatting is a trivial problem, 1 likely not startup worthy. The key is to think about the process of finding problems worth solving. If it has a low barrier to entry 4 U it does for others 2.
Dont chase the same rabbit as all others, find things that from the outside in are extremely challenging to scale but likely can. It might be better to focus on something very hard at first sight, something unsexy and messy. All the world's problems if looked at from a tech lens
Will continue to make u think that all problems are technical problems. Just like we all read the same blogs, follow the same popular tech news we continue to be a curated version of the world's technical output. This makes us shortsighted in terms of the problems of this world.
Read 13 tweets

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