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Mbogo: newspaper vendor turned taxi barron
mukiha
#1 Posted : Monday, September 27, 2010 9:18:07 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
I met Mbogo in 2004. He was selling newspapers at Bellevue junction on Mombasa road. At the time, he had been contracted by a registered vendor to sell as a sub-agent.

A few months later, his boss was hit by a matatu and died. Mbogo was left without a job.

Luckily, Mbogo had saved sh30k and he went to Nation newspapers and paid a deposit to be registered as a vendor. BTW: you need to pay for one week supply of 100 papers daily; cost comes to about sh20k.

Within a month, he had raised enough to register at the Standard as well.

For the next 3 years, Mbogo worked hard and increased his area of operation to cover almost half of South B. He had six sub-distributors selling a total of almost 1,000 papers daily.

One morning in 2007 as I picked my paper from him, he noticed a Toyota Corolla 90 passing by and said "If you know some one selling such a car, tell me".

I asked him what he wanted to do with it and he said he wants to provide taxi services to the local people. Some of his newspaper customers had asked him to get the taxis on several occasions...

A month or so later, he told me that he had found one and bought it at sh200k. It was parked across the road from his mains newspaper stand.

He operated this vehicle for about a year and one fine morning I saw him driving a newly imported Toyota Fielder. He stopped and gave me a lift to town.

As we talked, he let it out that he had imported it from Singapore at a cost of sh850k. "What about the old car?" I asked him.

He said he had employed a driver to run it....

About a year ago, I moved out of the estate and didn't see Mbogo for several months.

Last Friday I visited a friend at my old estate and while there I saw Mbogo's Fielder taxis parked near the main gate.

I called him to say hi and catch up... he told me that he was at the airport picking up a customer in his taxi.

I retorted: "Come on, Mbogo I can see your car parked here in South B!"

"No; I am in my new car. That one is with my driver" He replied.......

I was very happy to see that he has grown his business, now to three taxis and still runs the newspaper distribution.
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I expect that in another 10 years, Mbogo will have about 20 vehicles in operation and if the media gets wind of his story; many people will find it hard to believe that one can build an empire from selling newspapers.....
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
tony stark
#2 Posted : Monday, September 27, 2010 9:35:33 AM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
Interesting story to start the week. Great story but could I fathom a guess that he stayed in mukuru thereby limiting his expenses?? Is his family back in machinani where living expenses low and you eat of your garden and cows and he is hustling in Nairobi??

mukiha
#3 Posted : Monday, September 27, 2010 9:49:33 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Yes; he lives in Mukuru.

No; his family is not in "Machinani". It is in the Mukuru house
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Jangwa la Jangili
#4 Posted : Monday, September 27, 2010 9:53:11 AM
Rank: Member

Joined: 10/9/2009
Posts: 311
Good one. There are many ways to make money. What holds many of us back is pride, fear, comfort zones and listening too much to other people's opinions.
Katika Jangwa la Jangili ndipo Pwagu hupata Pwaguzi.
Conquestador
#5 Posted : Monday, September 27, 2010 10:52:40 AM
Rank: Member

Joined: 8/17/2010
Posts: 110
Location: Nairobi
@ Mukiha, in 20 years... dont be too sure.

During the next elections, a presidential candidate will whip tribal emotions saying that' 'its their time to eat' like Mbogo and tribe have been 'helped' to eat.

Then during the subsequent post-election violence, my well educated but lazy younger brother who also live in mukuru; and spends most of time outside Jubilee insurance building discussing politics, and also a heckler for hire... will claim Mbogo's taxis as rightfully his as was acquired by 'our/ taxpayers money'.

My younger bro is sure about it... his hero politician who is always right told them that Mbogo and tribe obtains government money from a wall, upon presenting his ID card to verify his tribe...and he showed photos/video of an ATM queue and people leaving with cash handed by the gvt official behind the wall.

Having said that, Mbogo is a hero. Pity he may never make it to be a public role model, as modern youth still think the ultimate is a 'celebrity'. As for his making it to Senator/ Governor/ MP - he'd have to add 'pharmacy products' in his portfolio...
Fundaah
#6 Posted : Monday, September 27, 2010 10:59:48 AM
Rank: Elder

Joined: 11/19/2008
Posts: 1,267
And someone was saying here 120,000 is little money......

Poverty is just a state of mind.

http://www.wazua.co.ke/f...=8803&p=2#post110469...
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
mjuaji wa stocks
#7 Posted : Monday, September 27, 2010 12:37:58 PM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
Applause Applause Applause Applause Applause Congratulations bro Mbogo….i wish I can give him a handshake!! smile smile smile

That is impressive…..mukiha…..msalimie ukimwona!
Speak to the hand
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

poundfoolish
#8 Posted : Monday, September 27, 2010 12:42:52 PM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
Great post for a monday morning Bw. Mukiha
your contributions are enriching..that story is articulately put and inspiring..



is this a market? Cos Conquestador has spoilt it by being the guy that never lacks in one
JkMwatha
#9 Posted : Monday, September 27, 2010 3:24:57 PM
Rank: Veteran

Joined: 9/11/2007
Posts: 816
Inspiring.
Bettertry
#10 Posted : Monday, September 27, 2010 4:28:44 PM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
Very inspiring & motivating btw @ Mukiha, does this jamaa come from Embu and while there did he use to sale newspapers too in town?
We Will Either Find a Way or Create One - HANNIBAL
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