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1,000,000 bob a month - REQUIRED
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maka
#11 Posted : Tuesday, September 03, 2013 11:18:30 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
How much do you have/can you get?
possunt quia posse videntur
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butterflyke
#12 Posted : Wednesday, September 04, 2013 12:12:34 AM
Rank: Elder

Joined: 5/1/2010
Posts: 3,024
Location: Hapa
Chaka wrote:
Hey mblo,who is a millioneare ??


ni ule anazioneanga kwa mbali
Float like a butterfly, sting like a bee. - Muhammad Ali🐝
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micsmd1003
#13 Posted : Wednesday, September 04, 2013 4:00:14 AM
Rank: Hello

Joined: 9/2/2013
Posts: 1
Pure millioneare(PM) wrote:
@QuickSand. I appreciate your point of view..."that capital looking for business idea is usually not a good thing". However its a possible situation to have a pile of cash lying idle or at best in a 10% interest bearing account; Yet out there, could be someone with business ideas to generate 50 or 100% returns - obviously with higher risks...

@The Associate. I like your idea. Ofcourse it would require an experienced manager. And if the investor has a passion for agribusiness and is available for a personal touch, the success rate will be higher. The implementation will obviously have what @QuickSand called "pits, trenches, marshes and bogs".. Unfortunately, I am not sure to maintain the passion and availability aspects..


Yea PM your right. An attractive marginal profit in milk production will even be difficult to obtain as the suppliers are more than the demand. That's why I support Becky who earlier pointed the Financial Derivatives products with which the risk to reward ratio is more bearable to even an amount of 20m. For example when trading commodities like XAU and XAG you find that to put a 3% risk can yield an immense profit. Like I have done silver on a smaller account alone and results was amazing with just a lower risk. In conclusion an amount of 20M will be even better to easily bring 1M per month without struggling consistently.
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quicksand
#14 Posted : Wednesday, September 04, 2013 7:33:54 AM
Rank: Veteran

Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
Pure millioneare(PM) wrote:
@QuickSand. I appreciate your point of view..."that capital looking for business idea is usually not a good thing". However its a possible situation to have a pile of cash lying idle or at best in a 10% interest bearing account; Yet out there, could be someone with business ideas to generate 50 or 100% returns - obviously with higher risks...

@The Associate. I like your idea. Ofcourse it would require an experienced manager. And if the investor has a passion for agribusiness and is available for a personal touch, the success rate will be higher. The implementation will obviously have what @QuickSand called "pits, trenches, marshes and bogs".. Unfortunately, I am not sure to maintain the passion and availability aspects..

Very probably true. Just tread carefully, appetite for large and fast profits exposes you to fellows out to make a quick buck ..even professional business advisers have been known to offer terrible advice ... Sad
i) Do a lot of research. Similar businesses fare vastly differently under different hands
ii) Start small and granular, then keep injecting more capital if there are positive returns.
In closing, agriculture is a tricky business. When conditions are favourable, they are favourable for everybody, leading to a glut in product. My own experiment with wheat led to a disaster.
What is your professional training/career?
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Pure millioneare(PM)
#15 Posted : Wednesday, September 04, 2013 7:21:47 PM
Rank: Member

Joined: 11/1/2008
Posts: 38
@QuickSand..
Mine is information Technology background.
I quess we can say, there is no formula (without personal involvement) with acceptable degree of probability to make a 1M a month from say 20M? Obviously normal business enteprise is dependent on individual dexterity, acumenship and a bit of luck.
A safer bet is real estate rental business which would obviously require much more, like 80M to make a revenue stream of 1M a month.
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becky_omu
#16 Posted : Thursday, September 05, 2013 9:59:15 AM
Rank: Hello

Joined: 9/2/2013
Posts: 2
Pure millioneare(PM) wrote:
@Mukiha - The Risk should be less than 50%.
@chaka - ignore the 'Pure millioneare'..is just a name coined since 2008 from 'Prime Minister' debates...
@becky; Could you give a one liner indication of the achievability of the such revenue stream..i.e. in your estimation, what amount capital it would take? Later we can arrange for more detailed discussion...



Start with the minimum 20M, then see the results.
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TNT
#17 Posted : Thursday, September 05, 2013 11:11:07 AM
Rank: Member

Joined: 5/22/2009
Posts: 206
My two cents: @Mawinder seems to have an interesting proposition on this thread http://www.wazua.co.ke/f...px?g=posts&t=25653.
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Pure millioneare(PM)
#18 Posted : Friday, September 06, 2013 11:59:47 AM
Rank: Member

Joined: 11/1/2008
Posts: 38
TNT wrote:
My two cents: @Mawinder seems to have an interesting proposition on this thread http://www.wazua.co.ke/f...px?g=posts&t=25653.


This link is not working.....
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alma
#19 Posted : Friday, September 06, 2013 12:05:49 PM
Rank: Elder

Joined: 7/20/2007
Posts: 4,432
Get in touch with me. Currently taking on new shareholders. It's been tried tested, verified, now needs to scale.....
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
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Pure millioneare(PM)
#20 Posted : Friday, September 06, 2013 12:07:09 PM
Rank: Member

Joined: 11/1/2008
Posts: 38
Some people say its easy to make money. But it seem I can't get a sure workable idea to generate my required revenue stream. I see why 91, 182 and 364 day t-bills continue to attract crazy subscription rates. The auctions registered 648%, 403% and 257% performance rates respectively this week for returns of 9.928%, 10.46% and 11.402% respectively. Lets all agree that its NOT easy to MAKE money!
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