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Help i want to be a building and roads contractor
bendi3
#21 Posted : Thursday, December 23, 2010 5:06:56 PM
Rank: Member

Joined: 9/14/2010
Posts: 106
Am kinda new to Wazua and am yet to know how to quote remarks in posts.

All the same,kudos to you @Mawinder.You are a true enterpreneur.One who finds a need in the market and commits resources to meet that need.We might not know what you did to earn the contract to,'gravel the roads',but from some posts above you are proving that you do not neccessarily need the technical knowhow to do something,as long as you can get the skill to perform required task.

You do not need to study medicine to invest in hospital business,if you surround yourself with people who have that technical know how.And yes,seeking advice from those in the know as you have done with this thread.

The early worm, is the one caught by the early bird.........
muthurimugi
#22 Posted : Thursday, December 23, 2010 6:55:25 PM
Rank: New-farer

Joined: 12/1/2010
Posts: 9
Location: Nairobi

@Mawinder, true entreprenuer!

My two cents 4 u though:
1. To be successful as a contractor, u hav to be very disciplined in terms of cashflow management. This is what messes most of our contractors. in this business, u really hav to keep be very good in supply chain management that is knowing how much and when to order materials so that u'l be able to balance between labour and materials.
Usije ukapewa certificate ya kwanza uende ununue cement ujaze kwa workshop, ama ukanunue Range rover.

Shame on you Most contractors usually have cashflow problems n they find themselves unable to pay for labour bcoz they bot materials with all the money paid ama waliongezea mabibi.

Shame on you Since ur undertaking Govt/cdf/community projects, u should always make sure that ur very keen on the payments. U shud expect to work n not be paid, it always happens. Be careful not invest ur all in a project, these kind of projects can take u back to zero
Contracts = Before u start any job, always make sure u have a well documented contract signed by u and ur client as this will for a basis of ur claims in case of abortive works. Also make sure u read and understand ur contract well especially on the payment clauses, fluctuation clauses, termination clauses, variations, dispute resolution... Very important.

Documentation => As a contractor, ur key weapon is documents.. if an instruction is issued to change scope of work or introducing new work, always make sure that is in writing or else u confirm in writing to the engineer or the architect. All verbal communications with cost implications.. always in writing.. this will come in handy if something goes wrong in future during which time ul have basis for ur claims. Document ur daily activities, update & impact ur programme of works, request for details in time and in writing.... all this will be helpful incase u have not completed the project in the contract time and u need to request for an extension of time as u will be required to give proof. Most clients will charge damages if u dont finish in the agreed time.


Payments - ensure payments are on time as per contract and charge interest for delayed payments.
mawinder
#23 Posted : Friday, December 24, 2010 10:42:30 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
bendi3,muthurimugi thanks for the advice.i had already started shopping for a 16 tonne tipper but i will now weigh my options carefully.
tony stark
#24 Posted : Saturday, December 25, 2010 2:22:57 AM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
@muthurimugi ... Wise words.
@Bendi3 according to the Kenya medical and dental practitioners board you require a degree in medicine to open a medical hospital!
@Mawinder ... My apologies if i come out harsh. I only mean to show my disdain for individuals who provide shoddy work in the name of making a profit at all cost in total disregard to the welfare of the person or community. I can see you are already doing that congratulations for not making a change/ difference and for maintaining the status quo. Best of luck as you become the next mugoya or ephraim maina!
mawinder
#25 Posted : Tuesday, December 28, 2010 2:23:24 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
tonystark,the roads were properly done and i have the completion certificates by kerra engineers.i am now chasing for payment.
Intelligentsia
#26 Posted : Thursday, December 30, 2010 10:55:18 AM
Rank: Elder

Joined: 10/1/2009
Posts: 2,436
@tonystark Laughing out loudly your posts really made me laugh
@mawinder, u remained calm in the face of so much ridicule, that's nice. And you are also making honest money, kudos!
Intelligentsia
#27 Posted : Thursday, December 30, 2010 10:57:28 AM
Rank: Elder

Joined: 10/1/2009
Posts: 2,436
@tonystark Laughing out loudly your posts really made me laugh
@mawinder, u remained calm in the face of so much ridicule, that's nice. And you appear to be making raking in honest cheddar, kudos! Applause
Wendz
#28 Posted : Thursday, January 06, 2011 5:32:42 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
mawinder wrote:
tonystark,the roads were properly done and i have the completion certificates by kerra engineers.i am now chasing for payment.


Hey, Nov 11th you ask on how to be a contractor.... December 23rd you have started graveling and have another tender for school construction.... and December 30th you are chasing for money....... yawa... yaani these government officials are that fast in approving tenders? And even if they approved on Nov 12th, then boss, I admire your speed of working and i respect your liquidity - seriously. Ama sikuangalia vizuri the year of this post?
mawinder
#29 Posted : Sunday, January 09, 2011 3:20:59 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
i got hold of a few people and my things were fasttracked.i now have a class d registration in the ministries of roads,works and water.as for the liquidity well
Nicky thompson
#30 Posted : Wednesday, February 02, 2011 6:30:04 PM
Rank: New-farer

Joined: 1/26/2011
Posts: 18
Anyboddy that knows what entrepreneurship is about knows quite well that it's about spotting a gap(need) and assembling the relevant resources to ensure that the need is met. Simple and plain......all this talk that he needs to go to school like the rest of the other engineers are people trying to put you down. Especially that one telling you to get back in line coz he's doing engineering and is in his final year. It's almost the same kind of reasoning that goes on in the heads of those in parliament. Google and look at how they define Donald Trump "a business magnet". He has made over three 5 star hotels and he didnt have to study hotel management for that. So people lets not be simple minded. Mawinder i think the best advice is from mosby, but you really dont have to be the manager. You can own the company and let other people(specialists) run it,the way Peter Munga does Equity and the pioneer group of schools.
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