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How did you make your first Kes million?
Chaka
#101 Posted : Monday, January 30, 2012 11:10:19 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
jaggernaut wrote:
Read about how this Ugandan tycoon made his first billion. A must read.

www.monitor.co.ug/Magazi...50/-/c6yqgr/-/index.html


I like this: "Would you go if you were appointed ambassador, I push him on, but he crosses his legs and sits with hands akimbo and says, “My friend, I am the ambassador of a nuclear republic, Uganda is a banana republic, I am better off where I am.”
On the other hand how does banana juice taste like?
Burning Spear
#102 Posted : Monday, January 30, 2012 12:00:33 PM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
..
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
Sure
#103 Posted : Monday, January 30, 2012 3:20:05 PM
Rank: Member

Joined: 9/9/2010
Posts: 546
Location: Garissa
Vj wrote:
Made my first million at the age of 19, while still in university in UK. I used to paint peoples houses on my own (at half the cost of local painters), as i got more houses to paint I got other uni students to work for me, and soon i was painting around 5 houses a week. Within two years I saved up around 20,000 pounds and used it as down payment to buy a small rundown 2 bedroom house(my family really helped me at this time in getting the mortgage and giving me confidence). I renovated the house and within 4 months sold it at a 30% profit. After that i kept buying and selling property till i finished my course and headed back to Kenya.

Came back home with enough money to buy a plot of land and build a block of apartments and got into the property developing business.



Vj, do I know you? Do you have a concours car?
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
Impunity
#104 Posted : Monday, January 30, 2012 11:40:44 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Chaka wrote:
jaggernaut wrote:
Read about how this Ugandan tycoon made his first billion. A must read.

www.monitor.co.ug/Magazi...50/-/c6yqgr/-/index.html


I like this: "Would you go if you were appointed ambassador, I push him on, but he crosses his legs and sits with hands akimbo and says, “My friend, I am the ambassador of a nuclear republic, Uganda is a banana republic, I am better off where I am.”
On the other hand how does banana juice taste like?


Like may be the urine of a ngamia.
d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Elder
#105 Posted : Thursday, February 02, 2012 10:06:38 AM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
jaggernaut wrote:
Read about how this Ugandan tycoon made his first billion. A must read.

www.monitor.co.ug/Magazi...50/-/c6yqgr/-/index.html

The guy is too full of himself. Ati call me Dr. or His Excellency! And why do some people call themselves Dr. while all,they have is an honorary doctorate?
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.)
QW25091985
#106 Posted : Thursday, February 02, 2012 10:09:17 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Sure wrote:
Vj wrote:
Made my first million at the age of 19, while still in university in UK. I used to paint peoples houses on my own (at half the cost of local painters), as i got more houses to paint I got other uni students to work for me, and soon i was painting around 5 houses a week. Within two years I saved up around 20,000 pounds and used it as down payment to buy a small rundown 2 bedroom house(my family really helped me at this time in getting the mortgage and giving me confidence). I renovated the house and within 4 months sold it at a 30% profit. After that i kept buying and selling property till i finished my course and headed back to Kenya.

Came back home with enough money to buy a plot of land and build a block of apartments and got into the property developing business.



Vj, do I know you? Do you have a concours car?



vj. so inspiring ! Applause Applause Applause Applause Applause Applause Applause
Pierce
#107 Posted : Thursday, February 02, 2012 10:42:09 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
QW25091985 wrote:
Sure wrote:
Vj wrote:
Made my first million at the age of 19, while still in university in UK. I used to paint peoples houses on my own (at half the cost of local painters), as i got more houses to paint I got other uni students to work for me, and soon i was painting around 5 houses a week. Within two years I saved up around 20,000 pounds and used it as down payment to buy a small rundown 2 bedroom house(my family really helped me at this time in getting the mortgage and giving me confidence). I renovated the house and within 4 months sold it at a 30% profit. After that i kept buying and selling property till i finished my course and headed back to Kenya.

Came back home with enough money to buy a plot of land and build a block of apartments and got into the property developing business.



Vj, do I know you? Do you have a concours car?



vj. so inspiring ! Applause Applause Applause Applause Applause Applause Applause


Very very inspiring
seppuku
#108 Posted : Friday, February 03, 2012 3:03:20 PM
Rank: Veteran

Joined: 5/11/2010
Posts: 918
Burning Spear wrote:
bought a plot at membley at 200,000 in 2005,I had taken a loan.
This was for speculation purposes but was buying coz my collegues were buying.I sold the same plot last year at 1.8m coz I wanted to inject capital into my business that a was doing on the side beside being employed.
Out of the business,I have bot another plot at Muigai inn and another in Kitengela through a wazuan investor.
So,to be brief,my business after the capital injection is worth something like 4 million.I have two plots and still employed and still getting return on a daily basis.I foresee quiting employement late this year.I am 30 years old.


Inspiring story here. Got round to quiting employment? It's a great thing to pull off at 30 you know.
Learn first to treat your time as you would your money, then treat your money as you do your time.
Mastermind
#109 Posted : Friday, February 03, 2012 4:45:18 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
You can learn two or more things from this http://www.rediff.com/ge...ead/2005/may/12crore.htm
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
pariah
#110 Posted : Saturday, March 10, 2012 4:11:05 AM
Rank: Member

Joined: 11/24/2011
Posts: 833
quite some thread this one
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