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Why are Kenyans obsessed with service industry?
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mukiha
#21 Posted : Wednesday, May 11, 2011 8:26:34 AM
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Joined: 6/27/2008
Posts: 4,114
bird_man wrote:
I support KenyanLyrics on that.Capital should never be an obstacle.Most people want to start a biz and make 100k a month pap instead of buying a few products to start with and grow rich slowly.

If you are in the business of buying and selling products, then you are in the SERVICE industry.... the service you offer is delivering and handling of products... only that you are not charging the producer, but the end-user.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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KenyanLyrics
#22 Posted : Wednesday, May 11, 2011 9:31:20 PM
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Joined: 4/16/2010
Posts: 906
Location: Nairobi
As long as you're selling tangible goods(that you own, hapana middleman), then you are in the product business. All that matters is where on the production chain you are(manufacturer, wholeseller, retailer, reseller)
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mukiha
#23 Posted : Saturday, May 14, 2011 6:27:23 PM
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Joined: 6/27/2008
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KenyanLyrics wrote:
As long as you're selling tangible goods(that you own, hapana middleman), then you are in the product business. All that matters is where on the production chain you are(manufacturer, wholeseller, retailer, reseller)

...and at that point, we disagree...

But, using your definition, it then turns out that Kenyans are NOT obsessed with service industry. Just take a walk down river road and see the number of small businesses selling all sorts of products.

In fact, most of the people you can think of that are doing some business are selling products.... mtumba clothes, new clothes from Dubai, cell-phones, computers etc
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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madhaquer
#24 Posted : Sunday, May 15, 2011 10:30:57 AM
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Joined: 11/10/2010
Posts: 281
Location: Nairobi
@KenyanLyrics Looks like the chemists, supermarkets, kiosks, clothing stalls, hawkers and pubs all fit your definition of products business. Perhaps we should have started by understanding your definition.
My definition of a products business is one that is engaged in the actual manufacture of a product. Not distribution, retail, marketing etc. It is fairly easy to start a business retailing a product. It's another thing starting a manufacturing plant.
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