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Nimeacha this Mat business for good now
Rank: Veteran Joined: 6/11/2008 Posts: 892
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I always knew i could hack it, bt i'm done with the biashara ya matatu. Have sold 2 and will retain 1 to be using for hires ama family outs/travels. Anyone with better biz ideas pls? No transport biz ideas For in him (Jesus) we live and move and have our being-Acts 17:28
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Rank: Elder Joined: 9/7/2010 Posts: 2,148 Location: elderville
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What happened? Try greenhouse (but make sure you have water and it has a roof) or fish farming. He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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rudi ocha! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 1/29/2011 Posts: 257
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 "All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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@ali, eaza bro. Kwani kuliendaje?was it a city route?
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Rank: Veteran Joined: 11/9/2009 Posts: 2,003
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Pole @ali. We all take time to learn how to make money in wazua, could you please tell us how NOT to lose money in mat business. Maybe someone in here could have been considering the idea.
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Rank: Veteran Joined: 6/11/2008 Posts: 892
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That biz has refuse to add up. It bring x amount. It soon ask for x+2 amount.i'm left minus 2. Tried no 30, moved to 44 and finally, ruiru 145. I raise my white flag! Greenhse? Tell me, biz i do on the side, i'm an 8am to 5pm. I grow things then where to sell? Time to sell? Mat: manager, driver/crew, polisi wanalipa daily. Route sacco, constant penalties, 'mechanical issues', ai, i need some peace. Always checking bal kwa my bank via sms to check kama pesa imewekwa, wapi! Hakuna. Nxt, pesa wanted for this, for that. Zimeshikwa, yes we take cash daily kwa 'mkubwa' Argh! For in him (Jesus) we live and move and have our being-Acts 17:28
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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radio wrote:Pole @ali. We all take time to learn how to make money in wazua, could you please tell us how NOT to lose money in mat business. Maybe someone in here could have been considering the idea. Please do.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Dont know about the mat biz but what I do know is you should do what you are passionate about. Sit back and think of something you love doing, and can spend hours doing and not notice the time. When you identify that thing, find ways in which you can profit off of it, if its playing video games, maybe you can open a video game cafe, if its movies etc etc. Mine is the stock market, I can watch those numbers go up and down the whole day mpaka I dream in numbers..true story. Do not do something ati coz someone else is doing it and profiting, if you dont have the passion, you may not make it in their field either.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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@ali. Some saccos manage the mats such that the collections from passengers is banked by the sacco and the fueling is done at saccos filling stations. You get the net. This possible especially with the 'shuttles'. The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Nabwire wrote:Dont know about the mat biz but what I do know is you should do what you are passionate about. Sit back and think of something you love doing, and can spend hours doing and not notice the time. When you identify that thing, find ways in which you can profit off of it, if its playing video games, maybe you can open a video game cafe, if its movies etc etc. Mine is the stock market, I can watch those numbers go up and down the whole day mpaka I dream in numbers..true story. Do not do something ati coz someone else is doing it and profiting, if you dont have the passion, you may not make it in their field either.  “small step for man”
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Ceinz wrote:Nabwire wrote:Dont know about the mat biz but what I do know is you should do what you are passionate about. Sit back and think of something you love doing, and can spend hours doing and not notice the time. When you identify that thing, find ways in which you can profit off of it, if its playing video games, maybe you can open a video game cafe, if its movies etc etc. Mine is the stock market, I can watch those numbers go up and down the whole day mpaka I dream in numbers..true story. Do not do something ati coz someone else is doing it and profiting, if you dont have the passion, you may not make it in their field either. Real talk.
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Rank: Member Joined: 7/22/2008 Posts: 851 Location: nairobi
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you sound like an absentee matatu operator
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Rank: Member Joined: 1/29/2007 Posts: 70
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So you thought OTC, Kenya Bus, Lolwe, RVP, Kwega, Stagecoach, Tawfiq... the list is endless, so you thought they were stupid! Serves you well!
Now go try a posho mill in the Rural Areas, if you still have money to burn.
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Rank: Member Joined: 1/29/2007 Posts: 70
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So you thought OTC, Kenya Bus, Lolwe, RVP, Kwega, Stagecoach, Tawfiq... the list is endless, so you thought they were stupid! Serves you well!
Now go try a posho mill in the Rural Areas, if you still have money to burn.
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Rank: Member Joined: 1/29/2007 Posts: 70
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So you thought OTC, Kenya Bus, Lolwe, RVP, Kwega, Stagecoach, Tawfiq... the list is endless, so you thought they were stupid! Serves you well!
Now go try a posho mill in the Rural Areas, if you still have money to burn.
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Rank: Member Joined: 3/29/2011 Posts: 102 Location: Nairobi,Kenya
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@ali,ignore the negative comments here those are detractors,i advise you to take your time and identify a biz you can easily monitor (manage) as it appears you have a fulltime job,the only guys I know who have succeeded in matatu or xport biz are those who have very dedicated and honest managers or even spouses who run the show,in this biz even your bro can con you so just take time relax and think with a sober mind and dont forget that you have acquired very critical skills from the matatu industry which you can employ in any other biz situation,am sure you also have enough contacts which you can use to access other biashara ideas,all the best and usikufe moyo even bill gates was ignored at first,branson was told he would even end up in jail so hizi challenges ni kawaida...
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Rank: Member Joined: 3/5/2008 Posts: 532 Location: Nairobi
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@ ali, pole for the bad experience. You need to rethink your business.Forget the jamas with negative comments, i can tell you for free they havent tried anything.Burning fingures is not a nice experience but a very hard learning experience.
Strive not to be a success, but rather to be of value. –Albert Einstein.
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Rank: Member Joined: 8/11/2009 Posts: 123
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Wacheni kuwa mahaters, the guy tried. wengine wenyu hata hamjanunua kuku ya kienyeji na na kumlea akatagaa mayayai Lets not be vague, we go to hague
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Nimeacha this Mat business for good now
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