This week on Financially Incorrect, we're joined by Collins, the Founder of Terra, as he shares his incredible entrepreneurial journey. From losing 90% of his business during the COVID-19 pandemic and battling depression to finding a silver lining that helped him rebuild, Collins’ story is one of resilience and determination. He discusses the power of serving one customer well and leveraging network effects to grow a business. Collins also opens up about how camping in remote areas helps him decompress, his experience founding Terra in 2011, and developing a contactless payment system for a nonprofit in Kenya, which led to widespread recognition and success. He reflects on his upbringing, early love for technology, and the challenges of financial struggles, including delayed rent payments and unexpected debts. Despite the setbacks, Collins remains optimistic and committed to his passion. Don't miss this inspiring conversation! Chapter: 0:00 Intro 1:20 Sponsors 1:45 Guest Intro 6:29 What is Terra 11:45 What was growing up like for you 15:09 Will you do the same for your kids? 19:30 What led you to your degree 22:55 How did you survive in Uni? 29:30 Getting capital for you business 37:30 Opportunities with Seychelles Government 44:57 When did you realize Terra was becoming big? 47:02 Your next big gig 50:00 Did you ever pursue other options 53:10 Well that happened 😲 58:00 How did you recover 1:01:13 Side hustles 1:06:20 How do you pay yourself? 1:10:11 Wrap up