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I million cabbages
Rank: Elder Joined: 10/9/2008 Posts: 5,389
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There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob. Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months. I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this. 
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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jaggernaut wrote:There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.
Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.
I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this. factor water, seedling, labour, transport etc Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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dunkang wrote:jaggernaut wrote:There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.
Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.
I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this. factor water, seedling, labour, transport etc Lets give those expenses 400k. That leaves 2m.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Good for you to plant. But take your mind off the 80 bob price. Cobweb Theorem is always at play in such markets. There will be serious oversupply in a few weeks
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Lolest! wrote:Good for you to plant. But take your mind off the 80 bob price. Cobweb Theorem is always at play in such markets. There will be serious oversupply in a few weeks Of course timing is quite important. Wholesaling at 40bob would still give you about 1m after factoring expenses. Even selling at a throw away price of 20bob will give you 600k. This after just 3 months.
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Rank: Elder Joined: 2/8/2013 Posts: 4,068 Location: At Large.
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jaggernaut wrote:Lolest! wrote:Good for you to plant. But take your mind off the 80 bob price. Cobweb Theorem is always at play in such markets. There will be serious oversupply in a few weeks Of course timing is quite important. Wholesaling at 40bob would still give you about 1m after factoring expenses. Even selling at a throw away price of 20bob will give you 600k. This after just 3 months. Lower that to 10 bob (am being modest by not saying 5 bob) coz thats yhe price middlemen buy at.Talk to farmers in Kimende Lari area. And they are good at timing, giving false promise the first week then coming back when you are desperate and willing to sell even at 3 bob. Start with establishing ready market then grow them. Otherwise theory sounds good while practical ni balaa tupu. Good luck. Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Right @bigchick. And also avoid flat land. Could be disastrous when it floods
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Rank: Elder Joined: 3/31/2008 Posts: 7,081 Location: Kenya
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jaggernaut wrote:There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob. Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months. I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.  Got 5 acres lying idle in mayakos (midway mayakos town and makutano...2.5 km off the main road...Don't know what to do with it!!! But no water nearby...Uko na roho ya borehole?
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Rank: Elder Joined: 2/8/2013 Posts: 4,068 Location: At Large.
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Magigi wrote:jaggernaut wrote:There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob. Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months. I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.  Got 5 acres lying idle in mayakos (midway mayakos town and makutano...2.5 km off the main road...Don't know what to do with it!!! But no water nearby...Uko na roho ya borehole? Ukifanya borehole jaribu somethingelse.Kama matunda melons, maembe , paipai nakathalika. Sijasiskia cabbage ya kutoka Mayakos. Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Bigchick wrote:Magigi wrote:jaggernaut wrote:There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob. Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months. I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.  Got 5 acres lying idle in mayakos (midway mayakos town and makutano...2.5 km off the main road...Don't know what to do with it!!! But no water nearby...Uko na roho ya borehole? Ukifanya borehole jaribu somethingelse.Kama matunda melons, maembe , paipai nakathalika. Sijasiskia cabbage ya kutoka Mayakos. ... Ama sukuma 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.
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