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Matatu Business
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Othelo
#871 Posted : Sunday, July 10, 2016 10:58:38 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
jerry wrote:
kanyimwa wrote:
jerry wrote:
Jon Jones wrote:
Is matatu business a perfect retirement plan? Consider a retiree (60) with just enough to buy a 7L Hiace diesel or build rentals. Considering that he does not want to leave the city, the amount will hardly get him good land and build rentals worth mentioning.

If he's a driver he can make it by driving the mat himself. Otherwise he can buy a transport lorry and ferry the likes of sand n stones.


I disagree with these naysayers. You don't need to drive your mat to make a return out of it. Just join an organized sacco and get good crew (i mean people who you can work with and also they can work with you).

The only major hustle is handling police raids of which your vehicle can run for weeks without an incident.

Again, this is a business for all ages. From my experience.

You are 1 in 100 that have good matatu crew!

@kanyimwa my concern is getting into matatu business and a new venture for him for that matter at 60 years. Not your cup of tea.
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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sparkly
#872 Posted : Monday, July 11, 2016 6:44:29 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Othelo wrote:
jerry wrote:
kanyimwa wrote:
jerry wrote:
Jon Jones wrote:
Is matatu business a perfect retirement plan? Consider a retiree (60) with just enough to buy a 7L Hiace diesel or build rentals. Considering that he does not want to leave the city, the amount will hardly get him good land and build rentals worth mentioning.

If he's a driver he can make it by driving the mat himself. Otherwise he can buy a transport lorry and ferry the likes of sand n stones.


I disagree with these naysayers. You don't need to drive your mat to make a return out of it. Just join an organized sacco and get good crew (i mean people who you can work with and also they can work with you).

The only major hustle is handling police raids of which your vehicle can run for weeks without an incident.

Again, this is a business for all ages. From my experience.

You are 1 in 100 that have good matatu crew!

@kanyimwa my concern is getting into matatu business and a new venture for him for that matter at 60 years. Not your cup of tea.


After 60, a matatu will kill you in 3 months
Life is short. Live passionately.
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tnai9
#873 Posted : Monday, July 11, 2016 8:12:49 AM
Rank: Member

Joined: 6/21/2010
Posts: 345
Location: easto
sparkly wrote:

After 60, a matatu will kill you in 3 months


I believe this has to critically do with the crew you have, the route/sacco management and also how you handle stressing issues generally. On the contrary some senior citizens are very wise and can therefore handle stress well.
There are those hacking it with all the 'stresses', there are also those who quit after a few issues. Its paramount to learn the ropes.
"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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matatuman
#874 Posted : Monday, July 11, 2016 11:40:28 AM
Rank: Member

Joined: 12/5/2013
Posts: 224
tnai9 wrote:
sparkly wrote:

After 60, a matatu will kill you in 3 months


I believe this has to critically do with the crew you have, the route/sacco management and also how you handle stressing issues generally. On the contrary some senior citizens are very wise and can therefore handle stress well.
There are those hacking it with all the 'stresses', there are also those who quit after a few issues. Its paramount to learn the ropes.


Well said. You should just have summarised it with your signature. The people who thrive in the industry aren't necessarily the brightest. It most probably has the highest concentration of semi-illiterate investors and yet they thrive.

"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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sparkly
#875 Posted : Monday, July 11, 2016 1:48:56 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
matatuman wrote:
tnai9 wrote:
sparkly wrote:

After 60, a matatu will kill you in 3 months


I believe this has to critically do with the crew you have, the route/sacco management and also how you handle stressing issues generally. On the contrary some senior citizens are very wise and can therefore handle stress well.
There are those hacking it with all the 'stresses', there are also those who quit after a few issues. Its paramount to learn the ropes.


Well said. You should just have summarised it with your signature. The people who thrive in the industry aren't necessarily the brightest. It most probably has the highest concentration of semi-illiterate investors and yet they thrive.

"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski


Do not underestimate retirement. It can be a traumatic experience kwa wale hawajajipanga, just like loss of a job or spouse. some people cannot even adjust to the loss of status like being called "mkubwa" company perks,loss of friends and sink into depression. Giving the same guy a matatu is a death sentence.
Life is short. Live passionately.
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vky
#876 Posted : Monday, July 11, 2016 2:16:33 PM
Rank: Member

Joined: 6/17/2010
Posts: 572
@matatuman and other stakeholders in this industry, how suitable would be the below car be for use as a shuttle van hapa kwetu assuming parts and servicing wasn't an issue.
its a 2000cc diesel, seats 8 but can be modified to fit ten




more in this link

http://www.autotrader.co...;logcode=p&adPos=10

'One headache for famous medieval holy people was that someone might murder you to acquire your body parts for the relics trade'
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  | | Edit by user: Monday, July 11, 2016 2:18 PM | Reason: Not specified
brayosylvan
#877 Posted : Thursday, July 14, 2016 10:08:18 AM
Rank: Hello

Joined: 7/31/2015
Posts: 7


Am selling my van it’s new just landed in Kenya this month from Japan and I just got the NTSA requirements and leather seats in it. It’s Diesel-3000cc, Nissan Caravan 2009
Going for only 2.5M
It’s cost was 2.65M I have the original receipt. Email me on bomet11flights@live.com
Or whatsapp +254722543327
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streetwise
#878 Posted : Thursday, July 14, 2016 10:50:41 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Let me ask politely , why are you selling at a loss. I.e does it have anything to do with the vehicle ?.
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matatuman
#879 Posted : Thursday, July 14, 2016 7:51:06 PM
Rank: Member

Joined: 12/5/2013
Posts: 224
brayosylvan wrote:


Am selling my van it’s new just landed in Kenya this month from Japan and I just got the NTSA requirements and leather seats in it. It’s Diesel-3000cc, Nissan Caravan 2009
Going for only 2.5M
It’s cost was 2.65M I have the original receipt. Email me on bomet11flights@live.com
Or whatsapp +254722543327


Dude, ondoa madharau hapa. There is no used Caravan thats worth that money, not even a manual unit. NV350 grey imports are yet to land so please start another thread for your advert or stick to the topic. If you bought at that cash you were ripped off, accept and move on but do not try to tell us some tall tale.

Out of curiosity, which is this Japanese exporter that gave you an original receipt?
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  | | Edit by user: Thursday, July 14, 2016 7:58 PM | Reason: Not specified
Chaka
#880 Posted : Friday, July 15, 2016 10:52:44 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
brayosylvan wrote:


Am selling my van it’s new just landed in Kenya this month from Japan and I just got the NTSA requirements and leather seats in it. It’s Diesel-3000cc, Nissan Caravan 2009
Going for only 2.5M
It’s cost was 2.65M I have the original receipt. Email me on bomet11flights@live.com
Or whatsapp +254722543327

How can new and 2009 be used in the same sentence?
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