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My friend's housegirl has won Ksh500k Tazama Chapaa
essyk
#41 Posted : Sunday, May 27, 2012 1:14:50 PM
Rank: Elder


Joined: 11/15/2011
Posts: 4,518
I see learned people wakilemewa na business and people are advising the girl to hit the biz world right away.

Let me tell you what biz means in the mind of a housegirl
1. Rent a premises,equip and set up a salon or beauty parlour.
2. Give it a colourful name like Merimela beauty parlour and salon.
2. Buy tv and tune it to nollywood and soaps for customers
3. Sit down all day long and wait for customers to stream in.
4. Buy shoes and clothes every now and then from the hawkers who like walking in with their wares.
4. Withdraw cash to pay rent,electricity and other bills because there isn't much biz forthcoming.

After a year or so there's no money left in the account and she will say that biz was bad.

I always prefer that somebody goes into biz after they have tasted employment kidogo.I know its not always the case but there are some principles to be learnt in doing so.
Otherwise chances of it being run like an open air market are high.
Sioni why she shouldn't study cz study is investing in her future.Besides it's permanent unlike business which may fail anytime.

Then people must realise that she has relas who will emerge with all manner if needs and beg for assistance. It's not easy to give them a cold shoulder esp if they have helped her before.
That is why this liquid money must be utilised wisely haraka sana before it grows legs and takes a walk down river road
"The true measure of a man is how he treats someone who can do him absolutely no good.
kyt
#42 Posted : Sunday, May 27, 2012 3:22:54 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
let the kid go to school and learn, education is permanent, and opens doors, but bizn is 50-50. and with that she has the excuse of saying "sina pesa niko shule" to her nagging relatives.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
QW25091985
#43 Posted : Sunday, May 27, 2012 4:48:47 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
New business failure rate is HIGH. if you want to know go ask the ministry of affair.
The best way is for her to invest in an already stable business venture that she UNDERSTANDS.its very critical that she understands the business and the industry it operates in.
That way she'll remove the risk that comes with starting a business and ride on the experience of other. To me thats a win win situation .
Impunity
#44 Posted : Sunday, May 27, 2012 5:26:07 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
kyt wrote:
let the kid go to school and learn, education is permanent, and opens doors, but bizn is 50-50. and with that she has the excuse of saying "sina pesa niko shule" to her nagging relatives.


Who said she is a kid?
There are house helps who are in mid life!!
Shame on you
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

essyk
#45 Posted : Sunday, May 27, 2012 7:44:30 PM
Rank: Elder


Joined: 11/15/2011
Posts: 4,518
QW25091985 wrote:

The best way is for her to invest in an already stable business venture that she UNDERSTANDS.its very critical that she understands the business and the industry it operates in.


And what do you think would best help a beginner to understand the basics of running a biz?
Experience or Education?

We could even be discussing an old mama here.
In that case she can invest in her kids education or if she doesn't have any, hata selling scratchcards is biz.
"The true measure of a man is how he treats someone who can do him absolutely no good.
jaggernaut
#46 Posted : Sunday, May 27, 2012 7:52:46 PM
Rank: Elder


Joined: 10/9/2008
Posts: 5,389
The girl is 20yrs old. She got a C- in KCSE.
Lolest!
#47 Posted : Sunday, May 27, 2012 8:57:30 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
jaggernaut wrote:
The girl is 20yrs old. She got a C- in KCSE.

C- and 20? Masomo iendelee!!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
newfarer
#48 Posted : Sunday, May 27, 2012 9:50:18 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
jaggernaut wrote:
The girl is 20yrs old. She got a C- in KCSE.

kuna wazuans wengi hawakupata hiyo.masomo iendelee.there are many courses with that grade. don't waste her. she seems sharp only circumstances couldn't let her do better in kcse.with a bridging course she can even take a degree in business admin in some private universities like kemu!
punda amecheka
QW25091985
#49 Posted : Sunday, May 27, 2012 9:58:18 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
jaggernaut wrote:
The girl is 20yrs old. She got a C- in KCSE.


what !!!!!!!!!!!!!!!!!!!!!!!!!. she has her whole life infront of her...
a kule vitabu kwanza.
kyt
#50 Posted : Sunday, May 27, 2012 10:29:51 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
Impunity wrote:
kyt wrote:
let the kid go to school and learn, education is permanent, and opens doors, but bizn is 50-50. and with that she has the excuse of saying "sina pesa niko shule" to her nagging relatives.


Who said she is a kid?
There are house helps who are in mid life!!
Shame on you

intuition boss, turns out i was right!!
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
dunkang
#51 Posted : Sunday, May 27, 2012 11:02:41 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
i believe you have enough options from wazua for miss mboch. Now, your friend (am assuming its a he), is he considering having a third/fourth wife?
Receive with simplicity everything that happens to you.” ― Rashi

radio
#52 Posted : Monday, May 28, 2012 6:58:59 AM
Rank: Veteran


Joined: 11/9/2009
Posts: 2,003
@jaggernaut, how much of this money is remaining after the party and the last past days.
Ask your friend to follow @newfarer advice.
QW25091985
#53 Posted : Monday, May 28, 2012 7:14:14 AM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
newfarer wrote:
jaggernaut wrote:
The girl is 20yrs old. She got a C- in KCSE.

kuna wazuans wengi hawakupata hiyo.masomo iendelee.there are many courses with that grade. don't waste her. she seems sharp only circumstances couldn't let her do better in kcse.with a bridging course she can even take a degree in business admin in some private universities like kemu!



are you nuts ? do you know how much a degree course costs ?
i donot think he should use all that money for the degree course . itsnot logical.
why cannt she invest in an already proven business that has stood the test of time ...
and she can be getting profits monthly
newfarer
#54 Posted : Monday, May 28, 2012 7:21:35 AM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
QW25091985 wrote:
newfarer wrote:
jaggernaut wrote:
The girl is 20yrs old. She got a C- in KCSE.

kuna wazuans wengi hawakupata hiyo.masomo iendelee.there are many courses with that grade. don't waste her. she seems sharp only circumstances couldn't let her do better in kcse.with a bridging course she can even take a degree in business admin in some private universities like kemu!



are you nuts ? do you know how much a degree course costs ?
i donot think he should use all that money for the degree course . itsnot logical.
why cannt she invest in an already proven business that has stood the test of time ...
and she can be getting profits monthly

the best thing with education is that no body can take it from her. business can go down especially if you don't have the skills.education gives the means business gives the ends. its safer to gamble with the means than the ends.
I don't think there is anyone who has ever regreted going to school but there are many business heartbreaks.

if I was her parent, I would be a proud father if she told me she is going to school but rather disappointed if she says she is starting a bizna with the whole amount. a small bizna as she learns business skills is ok but education is a must.


if you ask kalembe and muthama deep in their heart, they will tell you the same thing
punda amecheka
onmywaytowealth
#55 Posted : Monday, May 28, 2012 9:19:35 AM
Rank: New-farer


Joined: 7/4/2011
Posts: 24
newfarer wrote:
QW25091985 wrote:
newfarer wrote:
jaggernaut wrote:
The girl is 20yrs old. She got a C- in KCSE.

kuna wazuans wengi hawakupata hiyo.masomo iendelee.there are many courses with that grade. don't waste her. she seems sharp only circumstances couldn't let her do better in kcse.with a bridging course she can even take a degree in business admin in some private universities like kemu!



are you nuts ? do you know how much a degree course costs ?
i donot think he should use all that money for the degree course . itsnot logical.
why cannt she invest in an already proven business that has stood the test of time ...
and she can be getting profits monthly

the best thing with education is that no body can take it from her. business can go down especially if you don't have the skills.education gives the means business gives the ends. its safer to gamble with the means than the ends.
I don't think there is anyone who has ever regreted going to school but there are many business heartbreaks.

if I was her parent, I would be a proud father if she told me she is going to school but rather disappointed if she says she is starting a bizna with the whole amount. a small bizna as she learns business skills is ok but education is a must.


if you ask kalembe and muthama deep in their heart, they will tell you the same thing

Where is the like button. Education is the best option
bkismat
#56 Posted : Monday, May 28, 2012 10:01:06 AM
Rank: Elder


Joined: 10/23/2009
Posts: 2,375
A 20 year old should be in school.
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
princeofaspen
#57 Posted : Monday, May 28, 2012 10:17:28 AM
Rank: Hello


Joined: 5/28/2012
Posts: 1
onmywaytowealth wrote:
newfarer wrote:
QW25091985 wrote:
newfarer wrote:
jaggernaut wrote:
The girl is 20yrs old. She got a C- in KCSE.

kuna wazuans wengi hawakupata hiyo.masomo iendelee.there are many courses with that grade. don't waste her. she seems sharp only circumstances couldn't let her do better in kcse.with a bridging course she can even take a degree in business admin in some private universities like kemu!



are you nuts ? do you know how much a degree course costs ?
i donot think he should use all that money for the degree course . itsnot logical.
why cannt she invest in an already proven business that has stood the test of time ...
and she can be getting profits monthly

the best thing with education is that no body can take it from her. business can go down especially if you don't have the skills.education gives the means business gives the ends. its safer to gamble with the means than the ends.
I don't think there is anyone who has ever regreted going to school but there are many business heartbreaks.

if I was her parent, I would be a proud father if she told me she is going to school but rather disappointed if she says she is starting a bizna with the whole amount. a small bizna as she learns business skills is ok but education is a must.


if you ask kalembe and muthama deep in their heart, they will tell you the same thing

Where is the like button. Education is the best option


Why must she choose between education and business why not have both? From what I learned from robert kiyosaki dont spend the principal on liabilities but purchase assets with it. Education is not necessarily an asset in kenya since there are many unemployed degree holders, I would rather she purchases a piece of land and put up a few mabati houses for rental. Like 20 units at 1000 each that way she has both an appreciating asset and an income to finance her education or to save and reinvest in another piece plus rental units etc etc thats how you become wealthy fast
essyk
#58 Posted : Monday, May 28, 2012 10:46:10 AM
Rank: Elder


Joined: 11/15/2011
Posts: 4,518
princeofaspen wrote:

Why must she choose between education and business why not have both? From what I learned from robert kiyosaki dont spend the principal on liabilities but purchase assets with it. Education is not necessarily an asset in kenya since there are many unemployed degree holders, I would rather she purchases a piece of land and put up a few mabati houses for rental. Like 20 units at 1000 each that way she has both an appreciating asset and an income to finance her education or to save and reinvest in another piece plus rental units etc etc thats how you become wealthy fast


Huh!! You must be today's wazua biggest comedian.
Talk is cheap,very cheap, but reality is something else.
Wish you had even suggested a tuk tuk!Pray
The intricasies involved in purchasing and developing a piece of land can drive one nuts.
And who said mabati is cheap? Have you ever tried to construct a simple cow shed or nyumba ya kuku?
Jeez! it looks cheap wait till you start it.
Do you know the kind of tenants cheap mabati structures attract? short term.wapita njia.
They enter and leave using handcarts when things get tough. The amount of Wear and tear will be something else cz she will be left covering holes on walls.


And why assume that she has 500k at her disposal??
As we keep offering suggestions the money keeps reducing rem!Sad
-She threw a bash so how much d u think she's got left?
-She must have a mother or dad back home that she must thank(say buy them a goat)for struggling to educate her to that level.
-She could be having siblings in school in dire need of school uniforms.
-I believe she has other pressing and personal needs to sort out as well.Those which her meagre salary cannot.

Now put all those into consideration before you talk about plots and mabati.

Ok even if we go plot's way,how much does a useful plot cost?
How much will she be left with after paying some lawyer,title deed blablabla.
Unless she decides to buy a thorny thicket or shrub in some very remote and dry place, I doubt that money will be enough to put up structures that will generate reasonable income.

Education is the key to life.smile That is the standard motto in all schools.

"The true measure of a man is how he treats someone who can do him absolutely no good.
kyt
#59 Posted : Monday, May 28, 2012 10:57:36 AM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
bkismat wrote:
A 20 year old should be in school.

that is not debatable
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
wilyum
#60 Posted : Monday, May 28, 2012 11:10:53 AM
Rank: Veteran


Joined: 12/21/2011
Posts: 1,010
I concur with @essyk, Education is the key to life.

Its what you do with the education that matters,unfortunately majority are crying that there are no jobs even after holding a degree.

The greatest mistake they all make is going for what every Tom,Dick and Harry is going for,you got to be different from everyone else,its like marketing a new product in the market,how you market it, determines how far you will go.

And two, changing you strategy as often as possible if the first one doesn't work.

AENDE SHULE,KAZI ZIPO!!!
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