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Big Business (1 million plus per month net)
tony stark
#111 Posted : Thursday, February 11, 2016 4:11:34 AM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
@S.Mutaga111 there are people making that kind of money from similar or less capital. However it won't be your usual suspects and most of the people making that kind of money also have serious loses.
1. Brokers all kinds of brokers can make the 1 million a month with less capital. Mboga and fruit brokers from my experience can easily make over 200% margin but they can also lose a lot of cash in the blink of an eye! Real estate brokers can make that kind of money with no capital.
2. Drug dealers. Someone mentioned them here already.
3. Wholesalers. Wholesalers of FMCG good can make the margins you wanted. issue is location and area. I would avoid Nairobi for this business and would branch out of Nairobi and specialize in few products that you understand very well.
4.Farming veges. Not for the faint hearted.

The general rule however is go an carry out research. Sit and talk to the people doing the business and take everything they say both positive and negative with a pinch of salt. Then talk to their customers and their service providers.

Good luck in your venture!

@Nabwire when did you become a scam artist? If you are doing legit business set up a legit outfit with contacts and post here. If what you are doing is as noble as you say it is and not a scam then posting details of a legit outfit should not be a big deal.
kaka2za
#112 Posted : Thursday, February 11, 2016 6:52:33 AM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
tony stark wrote:
@S.Mutaga111 there are people making that kind of money from similar or less capital. However it won't be your usual suspects and most of the people making that kind of money also have serious loses.
1. Brokers all kinds of brokers can make the 1 million a month with less capital. Mboga and fruit brokers from my experience can easily make over 200% margin but they can also lose a lot of cash in the blink of an eye! Real estate brokers can make that kind of money with no capital.
2. Drug dealers. Someone mentioned them here already.
3. Wholesalers. Wholesalers of FMCG good can make the margins you wanted. issue is location and area. I would avoid Nairobi for this business and would branch out of Nairobi and specialize in few products that you understand very well.
4.Farming veges. Not for the faint hearted.

The general rule however is go an carry out research. Sit and talk to the people doing the business and take everything they say both positive and negative with a pinch of salt. Then talk to their customers and their service providers.

Good luck in your venture!

@Nabwire when did you become a scam artist? If you are doing legit business set up a legit outfit with contacts and post here. If what you are doing is as noble as you say it is and not a scam then posting details of a legit outfit should not be a big deal.


Option 1 and 4 are mutually exclusive.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
Nabwire
#113 Posted : Thursday, February 11, 2016 8:22:55 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
tony stark wrote:
@S.Mutaga111 there are people making that kind of money from similar or less capital. However it won't be your usual suspects and most of the people making that kind of money also have serious loses.
1. Brokers all kinds of brokers can make the 1 million a month with less capital. Mboga and fruit brokers from my experience can easily make over 200% margin but they can also lose a lot of cash in the blink of an eye! Real estate brokers can make that kind of money with no capital.
2. Drug dealers. Someone mentioned them here already.
3. Wholesalers. Wholesalers of FMCG good can make the margins you wanted. issue is location and area. I would avoid Nairobi for this business and would branch out of Nairobi and specialize in few products that you understand very well.
4.Farming veges. Not for the faint hearted.

The general rule however is go an carry out research. Sit and talk to the people doing the business and take everything they say both positive and negative with a pinch of salt. Then talk to their customers and their service providers.

Good luck in your venture!

@Nabwire when did you become a scam artist? If you are doing legit business set up a legit outfit with contacts and post here. If what you are doing is as noble as you say it is and not a scam then posting details of a legit outfit should not be a big deal.




Tony Stark, when did you lose your reading glasses and mind? Notice how I only wanted the contacts of one person! Notice that I did not want attention from some questionable Wazuans? Now had you actually Googled the meaning of a scam artist, you would have duly noted that he/she does the exact opposite! He/she will be more than willing to share their contact details and even add pictures to prove they are doing something noble. I have nothing to prove, just needed one person's contacts! Now go out there and have a fruitful day!
mugz
#114 Posted : Thursday, February 11, 2016 11:58:12 AM
Rank: Member

Joined: 1/31/2007
Posts: 26
mawinder wrote:
kaka2za wrote:
Swenani wrote:
S.Mutaga III wrote:
popat wrote:
kaka2za wrote:
Lolest! wrote:
kaka2za wrote:
[quote=Niko Salama]My 2 cents ... the guy can resign ... take like a year off traveling inquisitively especially overseas ... he will find ideas/businesses already running overseas that have yet to make it to Kenya ... he can choose ideas requiring high capital outlays (since he already has the cash)... this will help insulate his business from immediate competition [/quote

Or he can start a local shark tank!

he only has 6m!


Come on! All this discussion has been about 6M?!
Still enough to start a Shark tank in his village. Mole catchers will ask for 3K for 50% equity.
Its easier said than done.Youll realise that most Kenyans put up with struggling businesses because they have not seen the money.Inject that hard earned money ndio utashangaa.You will loose that money.This is despite you owning shares in the damned company.

I believe it is possible to earn 1 mil per month from 6 million capital...if you know what you are doing. Retailing luxury products in populated areas with high networth customers like Westlands can make a kill. You dont need a big space to operate, but your turnover will be very high if strategically located.


e.g
1.
2.
3.


I think this thread has run its full course.The originator sought suggestions but he now seems to have the solution.
Wacha sasa atuambie how you can earn 1m per month after investing 6M.That's PBP of six months!!
In fact I would be OK with 1m in a year.

I have always known this boy gives us theories after taking bhang and changaa in his Githurai or Nyahururu cave
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Eddy
#115 Posted : Friday, February 19, 2016 10:49:46 PM
Rank: Member

Joined: 7/20/2006
Posts: 277
Do none of those things but simple research and patience, for starters have a look at this site,
http://www.standardmedia...s-an-oasis-in-arid-land or this http://www.hortinews.co.ke/article?id=149. With that you will find that your friend (and others who have 6M) actually have too much and he can still get his "clean" one million with a little dirt on the hands, just remember to pay them taxes and treat the workers with kindness.
Stealth
#116 Posted : Monday, March 14, 2016 9:58:30 AM
Rank: Member

Joined: 5/3/2010
Posts: 145
Location: East Africa
The people with businesses netting a million a month will not say a word so as not to invite gatecrashers to their party.

I would place my bet in value addition and manufacturing and give myself a target of 5 years to break into the '1 million plus per month net'.
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