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WANT TO START A BUSSINESS WITH KSH20000
Rank: New-farer Joined: 4/27/2011 Posts: 11
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Hi wazuans, I would like to start a business with Ksh 20000 and had the following ideas: 1.Pop Corn Machine 2.Movies and Series Please assist in giving more business ideas on how i can start with the amount. Will appreciate your suggestions.
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Rank: New-farer Joined: 12/1/2009 Posts: 25 Location: Nairobi
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i'd advice u on a chemist in a high pop. area or a strategic location. movies margins are a bit low, but u can get more customers if u get them what the ask for rather than choosing from your stock.
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Rank: New-farer Joined: 4/27/2011 Posts: 11
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Hi Wazuans, I would like to start a business with Ksh 20000 and had the following ideas: 1.Pop Corn Machine 2.Movies and Series Please assist in giving more business ideas on how i can start with the amount. Will appreciate your suggestions.
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Rank: Member Joined: 4/18/2011 Posts: 459
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Out of the two options above I suggest the Pop Corn Machine but you will need to invest in some Marketing. Package your pop corn in different sizes of bags n supply to shops, kiosks small estate supermarkets. Try also to add roast groundnuts and sell them the same way. If possible make Mandazi's (the relatively small ones then u can distribute dozens) and distribute in the same way. If u have a base(Kibanda) make chapati/samosa/smokies as well. Go to the customers esp for popcorn, groundnuts, n the Mandazi don't wait for em to come to you. I am assuming you are available all day and that you will identify a locality with the right customers for your goods. You will need to live a cheap lifestyle to avoid eating into your capital. Try vegetables if you've got what it takes. The competetion is rather stiff with DVDs n stuff N with Piracy etc there is not much hope.In a similar field though, I heard of a fellow who has invested in DSTV (He gets only a few sports channels hence pays less) N has started a kabiashara of showing football premier league etc when in season for abt a 10bob per head.
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Rank: New-farer Joined: 6/1/2011 Posts: 47 Location: Nairobi
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movies and series... u will need excellent location with no much competition coz in most estates there are 2 on every corner. try the pop corn... it has potential for growth as kaka pointed out. even if u don't have time to be there all day, just the pop corn alone u can trace how much the sales are and progress to other items. be wary of wajanja employees who come with their own raw corn and sell, so jioni urs is still intact and little money but he's been selling his all day. pull surprise random visits on such... it'll sort them out. I am an optimist. It does not seem too much use being anything else. ~Winston Churchill
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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The DSTV business sounds good but that will need capital of more than 200,000 as you will need to have the DSTV,Chairs,Location,BIG SCREEN,Projector,security guards.
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Rank: New-farer Joined: 2/22/2011 Posts: 41
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Why dont you go for biogas???
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Rank: Member Joined: 4/18/2011 Posts: 459
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bomboclat wrote:Why dont you go for biogas??? @ bomboclat Please expound on these when you have the time.
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Rank: Member Joined: 9/12/2009 Posts: 236 Location: Nairobi
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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What are you good at? How did you get the 20k? Keep doing that over and over and you'll find it easier that starting a business that you think is easy because everyone is doing it. Most businesses in Kenya fail because of copying what your neighbours, friends or people around are doing. One of my workmates a few months told me that he wanted to take a loan from the sacco to invest in shares and repay it in 24 months 8k installments and needed my advice on which counters to invest in. I asked him to do a list of the ones he thought would give good returns and he did. I was shocked! And that's when I realised this thing is not for everyone. I advised him to add the 8k he wanted to use for repayment into his sacco contribution because that way he was guaranteed of making 8k every month. I also advised him to join wazua and place the same shares he had put on the list on the fantasy market. He's lost 33% so far and I know not of a more grateful person for the small advice I gave him. BBI will solve it :)
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Rank: Member Joined: 7/24/2009 Posts: 80
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2012 wrote:What are you good at? How did you get the 20k? Keep doing that over and over and you'll find it easier that starting a business that you think is easy because everyone is doing it. Most businesses in Kenya fail because of copying what your neighbours, friends or people around are doing. +1 People get into business for the wrong reasons. But if you get into business to solve an existing need or problem or even create a need for that matter then you are on course.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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inf8nity wrote:+1 People get into business for the wrong reasons. But if you get into business to solve an existing need or problem or even create a need for that matter then you are on course. I couldn't have put it any better. Sometimes people go too far to look for what's in front of their eyes. Kinda reminds me of a friend of mine who eventually married this guy - her next door neighbour who used to console her every time she was dumped. BBI will solve it :)
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Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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Omenaz wrote:Hi Wazuans, I would like to start a business with Ksh 20000 and had the following ideas: 1.Pop Corn Machine 2.Movies and SeriesPlease assist in giving more business ideas on how i can start with the amount. Will appreciate your suggestions. you are watching too many movies. Anyway the capital for both businesses is too little if you have to factor in a good premises and the machines. a simple business is what you need buy a wheelbarrow for abt 3k a crate of fresh tommatoes abt 5k count and value ur tomatoes and price it accordingly. get a price tag painted Get a small space near a stage and just shout enthusiastically while holding the price tag. Repeat this as many times as possible if the demand is good. Initial capital roughly 10,000/- miscellaneous expenses 300/- balance roughly 9,000/- '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Rank: New-farer Joined: 4/27/2011 Posts: 11
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@bomboclat Please give me more info on BIOGASS.
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Rank: Member Joined: 9/15/2008 Posts: 13
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Keni popcorn machine Cost howmuch? its 35k - even if you get a seecond hand one it will be 20k where is the money for the Porpcorn and Oil? I advise you to buy Buy Maize meal and repack as you wait for high Price you can repack 500gms and sell - you will double your money eeh.
eeh
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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Omenaz wrote:@bomboclat Please give me more info on BIOGASS. A boss with no humor is like a job that is no fun.
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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The best advice you'll ever get is @2012's. The best business is always doing what you are currently doing, making the 20k out of & like best. If you ask the Adan's, MOO's, JM's & Etemesi's of this world what propelled them, i think they'll tell you the same & they never set up their 'own' businesses. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: New-farer Joined: 6/19/2011 Posts: 11
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Kaka M wrote:Out of the two options above I suggest the Pop Corn Machine but you will need to invest in some Marketing. Package your pop corn in different sizes of bags n supply to shops, kiosks small estate supermarkets. Try also to add roast groundnuts and sell them the same way. If possible make Mandazi's (the relatively small ones then u can distribute dozens) and distribute in the same way. If u have a base(Kibanda) make chapati/samosa/smokies as well. Go to the customers esp for popcorn, groundnuts, n the Mandazi don't wait for em to come to you. I am assuming you are available all day and that you will identify a locality with the right customers for your goods. You will need to live a cheap lifestyle to avoid eating into your capital. Try vegetables if you've got what it takes. The competetion is rather stiff with DVDs n stuff N with Piracy etc there is not much hope.In a similar field though, I heard of a fellow who has invested in DSTV (He gets only a few sports channels hence pays less) N has started a kabiashara of showing football premier league etc when in season for abt a 10bob per head.
your two cents is misleading on two fronts....1. i don know where you live but nowadays in all if not most shopping centres u'l get a pop corn machine after every 100 meters or so outside a shop. this pop corn is usually hot and fresh, so with him going to meet expense of packing branding delivering and marketing tell me how he's going to outwit those chaps outside the shops wit burning hot fresh pop corn..2.Dstv packages with the football package is the full premium paackage, the one that is going for bout 7k5 at the moment coz the dollar is high,do your maths, for him to break even monthly to pay the premiums plus rent of the place and get a salo at ten bob my friend u have thoroughly decieved him!!!!!!!!get ur facts right
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Rank: Veteran Joined: 5/18/2008 Posts: 796
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If you can convince one of the bigger companies to allow to sell fruit salads within their premises you could make significant profits. I've seen a lady buy her own car from selling those salads in fifty shilling bowls.
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Rank: New-farer Joined: 6/22/2010 Posts: 39 Location: Nairobi
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Derrick.joker wrote:Kaka M wrote:Out of the two options above I suggest the Pop Corn Machine but you will need to invest in some Marketing. Package your pop corn in different sizes of bags n supply to shops, kiosks small estate supermarkets. Try also to add roast groundnuts and sell them the same way. If possible make Mandazi's (the relatively small ones then u can distribute dozens) and distribute in the same way. If u have a base(Kibanda) make chapati/samosa/smokies as well. Go to the customers esp for popcorn, groundnuts, n the Mandazi don't wait for em to come to you. I am assuming you are available all day and that you will identify a locality with the right customers for your goods. You will need to live a cheap lifestyle to avoid eating into your capital. Try vegetables if you've got what it takes. The competetion is rather stiff with DVDs n stuff N with Piracy etc there is not much hope.In a similar field though, I heard of a fellow who has invested in DSTV (He gets only a few sports channels hence pays less) N has started a kabiashara of showing football premier league etc when in season for abt a 10bob per head.
your two cents is misleading on two fronts....1. i don know where you live but nowadays in all if not most shopping centres u'l get a pop corn machine after every 100 meters or so outside a shop. this pop corn is usually hot and fresh, so with him going to meet expense of packing branding delivering and marketing tell me how he's going to outwit those chaps outside the shops wit burning hot fresh pop corn..2.Dstv packages with the football package is the full premium paackage, the one that is going for bout 7k5 at the moment coz the dollar is high,do your maths, for him to break even monthly to pay the premiums plus rent of the place and get a salo at ten bob my friend u have thoroughly decieved him!!!!!!!!get ur facts right seconded. You are right about the dstv venture, for he has to factor in the cost of dstv installation, first subscription, rent, business permit, tv or projector and lastly the chairs. Thats around 200k, thus at 10 bob per game, if will take ages to break even. Spread love like violence.
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