wazua Sun, Feb 2, 2025
Welcome Guest Search | Active Topics | Log In | Register

I have 250,000
robatwag
#1 Posted : Wednesday, July 08, 2009 10:54:00 AM
Rank: Member


Joined: 6/26/2009
Posts: 3
Please advice on which business I can venture into,with 250,000 to get a monthly return of 25000 per month.
Moibutu
#2 Posted : Wednesday, July 08, 2009 12:15:00 PM
Rank: Member


Joined: 9/12/2008
Posts: 58
10% per month is quite high. Well l bet if you start money lendering business that would do.

die trying
McReggae
#3 Posted : Wednesday, July 08, 2009 1:29:00 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Start a shylock besiness and you can make upto 25% per month,make sure yu cover uaself well though!!!!

The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
Obi 1 Kanobi
#4 Posted : Wednesday, July 08, 2009 2:21:00 PM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
@McRaggae

How exactly does one become a shylock,is it viable and how viable is such a business. Anybody who borrows from Shylock has to be very desperate and the posibility of default is most likely 50;50.

Do you need muscle to scare defaulters like in the movies?

How simple is it to dispose off collateral,


I've noticed the youth in particular coming in to a workplace with a completely outsized notion of their own value and importance... just a thinly-veiled arrogance. May be the credit crunch induced recession is whats needed to remind us all about the value of hard work.... By Anonymous
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
jerry
#5 Posted : Wednesday, July 08, 2009 10:32:00 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
You've to sign a contract b4 a commissioner for oaths. The contract could be legally bidding but I'm not sure if shylocking! is legal.

Hotels will always serve the fruits/vegs of the season. In stocks,ur duty as a trader is to identify the HOTshare of the season.
The opposite of courage is not cowardice, it's conformity.
Pablo
#6 Posted : Thursday, July 09, 2009 7:19:00 AM
Rank: Member


Joined: 3/17/2008
Posts: 567
Location: Nairobi
Open a gamming store. Back in the day there was Pop-In next to the Burgerland Restaurant.

Your srategy - Open in an estate shopping center,Get a shop & buy at least 2 - 3 29' flatscreen tvs (@ 29k) get some second hand Xbox or PS2's and get some furniture and decor done. Charge kids to play. Some guy at Mugoya shopping Center does this quite successfully. Combine it with Video lib,Popcorn,ice cream etc...



Want to be a millionaire.... plant a million cabbages and sell them at a bob...
McReggae
#7 Posted : Thursday, July 09, 2009 7:38:00 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Obi,if somebody wants 10K wat u take from him must be worth more than 20K,to protect uaself what u sign with him is a loose sale agreement coz shylocking is illegal in Kenya by law. Do an auction every month for the items whose owners have defaulted!!!

The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
pinkpanther
#8 Posted : Thursday, July 09, 2009 7:45:00 AM
Rank: Member


Joined: 6/25/2009
Posts: 63
@robatwag.I wish it was that easy to know where to put money and get such high returns.Before you put your hardearned money into any business the overiding question is do you like the business.Can you go through the good and bad times of the biz.Is it what yould want to do given another alternative.This will give you the drive to succeed.

pink
moshthepitt
#9 Posted : Thursday, July 09, 2009 7:53:00 AM
Rank: Member


Joined: 5/23/2009
Posts: 35
Aiiiiii that's a lot of money. This is what I'd do:

Take half,eh,and buy a website. A website that earns money.

125,000 = ~ $1,560

That's good money. But the trick is to find a site that isn't complicated to run,and one which has a nice passive income. It may not be 25,000 at the start but with websites there's always room to grow.

And as I said you buy one where there is passive income. So you can take some time to understand it while it is earning. Improve it and you earn higher.

Then,if it earns higher...why not sell it? You can make good profit this way. My friend once bought a site for $400 and sold it for $2000 three months later. After we spruced it up a bit.

Anyway,that's just me. Think about it.

www.likechapaa.com
pinkpanther
#10 Posted : Thursday, July 09, 2009 9:49:00 AM
Rank: Member


Joined: 6/25/2009
Posts: 63
@mosh.Where can one buy a website.Is there a market for such.Do you know of one i can buy?

pink
mwenza
#11 Posted : Thursday, July 09, 2009 9:58:00 AM
Rank: Elder


Joined: 4/22/2009
Posts: 2,863
@ Pinkpanther....The GTV website is currently for sale

WOULD RATHER DIE FIGHTING 4 MY RIGHTS THAN LIVE FOREVER WITHOUT ANY RIGHTS
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
pinkpanther
#12 Posted : Thursday, July 09, 2009 10:37:00 AM
Rank: Member


Joined: 6/25/2009
Posts: 63
@mwenza.Thats a dead horse.It may never make money with its record.Iko ingine mzuri?

pink
Obi 1 Kanobi
#13 Posted : Thursday, July 09, 2009 11:32:00 AM
Rank: Elder


Joined: 7/23/2008
Posts: 3,017
How does just owning a website translate into a business idea. I would imagine the content of the site,and the name would be the attraction. After buying a site you would need to update it with expert knowledge on the subject matter of the site.

Instead of buying a site,I would suggest you build one from scratch,if you have time,start a premier league football blog for Kenyans/Nairobians. Should see a tidy return.


I've noticed the youth in particular coming in to a workplace with a completely outsized notion of their own value and importance... just a thinly-veiled arrogance. May be the credit crunch induced recession is whats needed to remind us all about the value of hard work.... By Anonymous
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
wailerz2000
#14 Posted : Thursday, July 09, 2009 12:12:00 PM
Rank: Member


Joined: 6/12/2009
Posts: 2
Have you tried forex trading,those guys can do magic wit cash and make you some serious profits the catch is,u have to split 50:50 profits wit them.
moshthepitt
#15 Posted : Thursday, July 09, 2009 1:22:00 PM
Rank: Member


Joined: 5/23/2009
Posts: 35
@ pinkpanther

You can buy a site here: Flippa
Read about it here: http://likechapaa.com/20...ternet-business-models/

@ Obi 1

Is it better to buy,or build your first website? I dare say it is better to buy one. For people who are very very new to websites,building one may take forever and finally getting to focus on profit and making even your first shilling may be even more difficult. Don't you agree? Just think about al those things you need to learn to maeke it,then how much more do you need to learn to popularise it? Monetise it? Not something advisable to the new unless you have time. But probably the best learning process.

An easier (just a little bit) is to buy a site that already makes money. And not in just any way but PASSIVE income (meaning you can just leave the site alone and it earns). This way,you can get a site up and running in no time (or however long the sale takes),you don't need to learn akina html na sijui nini,and you are diving head first into internet business. The passive income will give you some chapaa as you familiarise yourself with things. Provided you put in the energy to learn and you don't do anythng not smart,you should be okay in a few months. And all along you'll have been making some nice,even if small,money.

The best part? You can sell the same site later on for profit. I think this beats making your own site for new people who want fast results....though I admit I do make my own sites.

The key thing here is to be
a)smart
b) ready to learn A LOT in a short time
c) incredibly hard working


www.likechapaa.com
SUSU
#16 Posted : Thursday, July 09, 2009 3:02:00 PM
Rank: Member


Joined: 11/14/2006
Posts: 64
Location: Far East
@Robatwang.

What a coincidance! I am also holding the same amount! Why don't we join hands,find a nice piece of Land ....Grab it and sell immediatelly after buying it..Dont u think we can make more than 10%? Think it over.
mozenrat
#17 Posted : Friday, July 10, 2009 7:17:00 AM
Rank: Veteran


Joined: 5/18/2008
Posts: 796
DO NOT EVEN ATTEMPT to go near the FOREX dudes... just search for forex on this site and see.
SUSU
#18 Posted : Friday, July 10, 2009 8:33:00 AM
Rank: Member


Joined: 11/14/2006
Posts: 64
Location: Far East
@Wailer.

U r right those guys can do magic...just try them...u'll wish u never did it....Forex is damn risky.
rayeeee
#19 Posted : Friday, July 10, 2009 9:24:00 AM
Rank: Member


Joined: 12/2/2008
Posts: 16
hi,

my friend works for an investment company.

the return is 10.5%pa




Financial freedom is our birthright,rather than the 'slave walk' of the Monday through Friday grind.
Users browsing this topic
Guest (2)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.