wazua Fri, Apr 17, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages123>»
Possible or unrealistic?
M Karoki
#1 Posted : Sunday, July 31, 2016 12:25:46 PM
Rank: New-farer

Joined: 7/6/2016
Posts: 17
Location: Nairobi
Everyone starts somewhere right?

Hello wazuans,I'm a 19 year old campus student,I'm currently running a viable farming project on leased and I would like to spread my risk on Some other doable investments. Doable in Reference of I being a student hence would venture into something that doesn't take much of my time.

I have identified a bikes hiring business seeing it having boomed pretty much around campus,JKUAT juja. I'm one of the regular customers of these guys,they hire these bikes at 50/- an hour,leaving your school or national ID as assurance that you'll take the bike back. They operate from 8a.m. To 7p.m. daily meaning they are in operation for 11 hours. They hire the bikes overnight till 9a.m. from 7p.m. at 50/- only.
Assuming the bikes operatess for 5 hours that day,that's 250/- per bike per day,And let's say I own 10 bikes that will cost me about 80k to purchase(must not be new) ,rent and kanji probably 20k,total 100k.
With 10 bikes,that's about 2500/- a day,17500/- weekly,70k monthly.
The deal I'd work with the employee,just like it in the matatu business,is a daily return of 2500/-,anything higher or less is onto him.
Maintenance costs and rent,to the higher end might cost an average of 30k,40k profits On average?
I plan doing it around some other campus not necessarily JKUAT. I have identified Embu/Kirinyaga/Karatina universities since I have friends around and would be easy to monitor. Visits,every weekend. Also,planning On adding more bikes with the profits.
If I Start,planning on first operating the business for two weeks to know the market activity.

Is this possible or does it sound unrealistic?
Regards
There's no WORSE enemy than a man with limited resources,he's got NOTHING to lose.
aemathenge
#2 Posted: : Sunday, July 31, 2016 1:42:13 PM
Rank: Elder

Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
I am impressed.

Okay, I am jealous.

Welcome to the Virtual Republic of Wazua.

What are you studying if I may ask?
M Karoki
#3 Posted : Sunday, July 31, 2016 1:46:00 PM
Rank: New-farer

Joined: 7/6/2016
Posts: 17
Location: Nairobi
Its a new course, Bsc Innovation technology management.
jealous?
There's no WORSE enemy than a man with limited resources,he's got NOTHING to lose.
aemathenge
#4 Posted : Sunday, July 31, 2016 4:11:29 PM
Rank: Elder

Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
M Karoki wrote:
jealous?


Yes.

Of your entrepreneurial energy at such an interesting age.

You are about to receive a lot of hot air and "analysis" from other citizens starting from Monday when they get to their offices.

Do not be discouraged or waste time dancing with them.

My only advice: Concentrate on two ventures you can manage alone, intricate book keeping and your academics.

Consider no business operation as complete until each feature is entered into your books each day. Let these entries determine how your business is doing. Not your gut instinct.

Entrusting anything to underlings is an invitation to losing your hard earned cash. Trust no one. No one.

Also, put most of your profits into the Nairobi Securities Exchange shares. They are very cheap at the moment.
murchr
#5 Posted : Sunday, July 31, 2016 4:50:57 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Go for it, sometimes you have to throw yourself in there to know if its possible or unrealistic. Am totally impressed with you, at 19 every coin i saved was used in a bash.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
sparkly
#6 Posted : Sunday, July 31, 2016 5:31:13 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@Karoki are you paying your own university fee? If you are, go ahead and do all kind of business that you wish.

Are you being sponsored by your parents? If so just show them some respect, complete your studies then do whatever you want to afterwards.

From my experience guys who take business or politics too seriously in campus end up as perpetual students or small time hustlers after campus.
Life is short. Live passionately.
M Karoki
#7 Posted : Sunday, July 31, 2016 6:25:10 PM
Rank: New-farer

Joined: 7/6/2016
Posts: 17
Location: Nairobi
aemathenge wrote:
M Karoki wrote:
jealous?


Yes.

Of your entrepreneurial energy at such an interesting age.

You are about to receive a lot of hot air and "analysis" from other citizens starting from Monday when they get to their offices.

Do not be discouraged or waste time dancing with them.

My only advice: Concentrate on two ventures you can manage alone, intricate book keeping and your academics.

Consider no business operation as complete until each feature is entered into your books each day. Let these entries determine how your business is doing. Not your gut instinct.

Entrusting anything to underlings is an invitation to losing your hard earned cash. Trust no one. No one.

Also, put most of your profits into the Nairobi Securities Exchange shares. They are very cheap at the moment.



Thanks you so much for the advice,I am considering this as my second venture since the farming project rakes in cash after some few months thus the need Sth that gives cash daily or weekly.
Also,on NSE,I'll sure need proper guidance on that,been following threads here on Wazua and I think I'll get there Soon.

I don't pay my own school fees for now,but I pay my own rent(my parents know I Live in the school's hostels).
The projects above aren't sponsored by my parents directly,my savings and also Started out with loans From friends and small partnerships with them.

I am not up for white collar jobs tho I make sure that my grades are good every semester. Sadly,the old man is in HDU in Nairobi West Hosp,makes me scared and wanting to invest more.

What motivates me is the thought of being independent,calling my parents every week for a small allowance is depressing.

And again thanks ya'll for the kind words.
There's no WORSE enemy than a man with limited resources,he's got NOTHING to lose.
sitaki.kujulikana
#8 Posted : Sunday, July 31, 2016 9:10:54 PM
Rank: Veteran

Joined: 8/25/2012
Posts: 1,826
interesting, my take might be the odd one here, but at 19 and in campus, don't load yourself with too much money making ventures, you only get to be young once.
If you think the biashara has good chances of growing, then my take would be postpone the studies for like a year go full time into it and see how that works, but that is just me.
hardwood
#9 Posted : Sunday, July 31, 2016 9:13:07 PM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
My advice. Concentrate on your studies 100%. These short 4yrs can make a huge difference and determine whether you live the rest of your life as a top executive or as a "hustler". This is the time to unleash your maximum academic potential without any distractions. Do the best you can academically. And you will have all the time to engage in any business you so wish after graduation. There is a time for everything. A time to study, a time to trade.

As someone said up there, those who are always hustling in campus on side business mostly end up hustling after campo since their grades suffer.
natema2000
#10 Posted : Monday, August 01, 2016 1:31:56 AM
Rank: New-farer

Joined: 8/6/2014
Posts: 11
Add Moi Uni main campus to your list.
4 Pages123>»
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 © 2026 Wazua.co.ke. All Rights Reserved.