I am torn between starting a business and buying a matatu (14 seater). I work from home. I have recently seen the need to diversify my income and I have these two options.
OPTION 1: BUSINESS
I will need capital of 300k-400k to launch the business. I expect a net income of Ksh 90,000 from the business. I have already spotted a good location (kwa stage, grond floor, facing the highway)...in an area that is rapidly developing. The risks associated with the business are that if a business fails, I lose 400k cash i.e all capital invested.If the business picks, I expect a profit of at least 10k per day (net) because of that location. If I go for the business, I will have Ksh 1,800,000 remaining, which I can buy land with for real estate purposes. The business premise is 100 meters from my home which makes it easy to monitor at a moments notice.
OPTION 2: MATATU
After my calculations, I will need 2.2 million to launch this business successfully. I expect an income of Ksh 80,000 per month from the business (net)as per my research. Since the matatu is insured, I will have little worry of losing the 2.2 million investment. Transport is somewhat a basic need, therefore I will also be assured of something at the end of the day.
DILEMMA: Which one should I take?

For the first option, if the business picks, I can re-invest the earnings and make it 10k profit per day. My estimates are 80k per month for the first 6 months at least.
For the second option, my budget is strictly 2.2 million cash...no loans. I dont want loans when starting a business...I can only use loans to expand a business.

I need an unbiased opinion. Assuming a guy has cash 2.2 million...he has two choices:
1) Buy a matatu 14 seater at 1.8 million and add all expenses to 2.2 million.
2) Buy two plots near Juja town at 1.1 million each inclusive of all conveyancing costs.

Assumption: I have enough time to check on the matatu whenever needed because I am my own boss a.k.a businessman hence always available.

What would you choose...wazuans?

Which is this matatu costing 1.8M?

Wacha nikusaidie, buy that land wachana na matatu utaumia bure. Let me help you further, if you intend to spend 2.2M on a petrol box, what is your expected break even period all factors held constant? If you feel i do not want you to dip your fingers in the honeypot then remember 2.2M can get you a diesel vehicle.

Matatu industry is a criminal enterprise.Its founded on fraud,tax evasion and money laundering.If you are not buying your matatu to conceal your loot from say,NYS,stay away from that investment.However,a few good guys are in the industry,but the others are Kaburas of this world....

DO these, with the 2.2M, buy 2 axios and register them with Uber, you'll easily dwarf the expected income from bit ventures youre speculating about

@mkondoa macho. .. I have one landing on 22nd this month. 2009 diesel 3000cc. If interested inbox me. atalakuu@gmail.com

Kijana uko na mchezo sana. Nunua shamba.

I have read that thread already. I am not seeking insight into the matatu business, I am trying to do a comparison through the views of wazuans. I understand that both are good investments, what I need is views on which one to pursue because I know that I cant be knowledgeable 100% in both sectors (matatu and plot speculation).