Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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mkonomtupu wrote:Omenaz
If you want to do business your two ideas are totally lame, kind of thing all the idle educated youth in the estates are thinking about.
20k is a lot of cash to start, it's the idea and attitude not the capital that matters. Let me give an example of my gumbaro friend who i hang out with, over the weekend he told there is a maize shortage so he suggested we drive to those sides of emali and beyond to look for maize the expected price was 2500/ per bag. We went but we didn't get at our target price the locals want 3200/= so it looked like a bad trip as the only other things were onions and tomatoes which are already in season. But on the way back the guy notices people selling charcoal those side of kiboko, so he steps out and negotiates price per bag 350-400, each stop he kept buying and buying. coming to nairobi he sold the bags at 1200/= and he would have made even better cash just breaking bulk and selling the charcoal in some tins.
long and short if you want to know how njenga karume became rich from selling charcoal that's how it's done, if you want to make it start small with groceries every other good businessman i've met started by selling groceries door to door in parklands, now you go to mombasa road and think of all the new settlements you can sell groceries to, you begin to wonder what you are thinking of pop-corn and movies n series, my friend money does not grow on trees you buy low sell high...that's the first lesson n unless you learn it practically all your ideas will come to a cropper. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16 - 1769 Oxford King James Bible 'Authorized Version
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