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HOW DID YOU START?
Josey
#21 Posted : Saturday, October 17, 2009 4:53:00 PM
Rank: Member


Joined: 9/12/2009
Posts: 236
Location: Nairobi
@samsa

I aint started yet.

Better put your money where your mouth is...
samsa
#22 Posted : Monday, October 19, 2009 6:40:00 AM
Rank: Member


Joined: 5/7/2009
Posts: 155
@josey,

You have not started yet but would you want to start?

@seeker,

You can therefore count yourself extrablessed. I have not heard of that. The only thing I know is scam in internet.

@ghettomafia,
Where are you? We are waiting.

@all
Lets use this forum to suggest ways of raising startup capital. I know very many ambitious Kenyans are stuck. Trying but never make it.
Over the weekend,I talked to those guys I mentioned introducing this thread. When I seek a solution from them,all of them said; akili ni nywele na kila mtu ana zake. I mean,they are mean even to share the story or offer encouragement! I will not blame them,maybe they are starting to actualize and feeling guilty to some extent.
Those guys who have made it,share your experiences.
I have googled and realised there are some organisations (including our very own,esther passaris) that support a noble idea that is well documented. Problem is conditions stated can only be met if you have already running something.

It doesn't hurt to know more than you have
samsa
#23 Posted : Monday, October 19, 2009 8:23:00 AM
Rank: Member


Joined: 5/7/2009
Posts: 155
I remember there was a guy called @eli,
He sought to have partnership with someone to do some farming. Can't remember what it was. Same guy had ealrier requested for an M to invest in stocks and payback mos mos
I remember another guy (username forgotten) he asked for quick help for he is living from hand to mouth.

I remember another (username forgotten) who sought some loan from shylocks to startup biz for his better half

and the list never ends.

So where are we?

It doesn't hurt to know more than you have
Josey
#24 Posted : Monday, October 19, 2009 9:50:00 AM
Rank: Member


Joined: 9/12/2009
Posts: 236
Location: Nairobi
@samsa.

Yes i would want to start. 200k capital.


Better put your money where your mouth is...
The Real Shaft
#25 Posted : Monday, October 19, 2009 10:03:00 AM
Rank: Veteran


Joined: 11/19/2008
Posts: 839
and there was SK Investment Co.....

I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
samsa
#26 Posted : Monday, October 19, 2009 10:15:00 AM
Rank: Member


Joined: 5/7/2009
Posts: 155
@realshaft,
what happened to eskay?
Where are their offices?
I trust these fellas can rescue some of us.

It doesn't hurt to know more than you have
The Real Shaft
#27 Posted : Monday, October 19, 2009 10:18:00 AM
Rank: Veteran


Joined: 11/19/2008
Posts: 839
try shouting at the roof tops...

they may hear your calls.....

I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
kishtash
#28 Posted : Monday, October 19, 2009 10:26:00 AM
Rank: Member


Joined: 7/1/2008
Posts: 68
I also remember there was ESKAY.
Where are they? Their mission?
ESKAY members,please talk.

tash
mukiha
#29 Posted : Monday, October 19, 2009 11:59:00 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
The more money you invest in starting a business,the more likely it is to fail!!!

Look at the biggest businesses around...microsoft was start with less than US$200 for buying second hand computers....Tuskys was started with KSh7,000 in the early nineties [my salary at that time was Sh9,500 in a GoK institution]....etc

Any new business needs 3 ingridients:


A good idea for a product/service
Capital to get it started
A ready market to buy the product/service

Of these,a ready market is the most important. Capital and ideas are nothing if there is no market. I know very many businesses that were started without any capital and they are very successful today......

There is a guy who started a water delivery business during the current rationing. He made fliers and distributed to his neighbours offering to deliver the water. Got some orders. Contracted a tanker to fetch the water. Delivered to his neighbour. Was paid and then paid the tanker owner.....that was 6 months ago; today he is delivering 50,000litres to various people every day.....and he still hasn't bought a tanker!!!

Think about that!!


Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
The Real Shaft
#30 Posted : Monday, October 19, 2009 12:12:00 PM
Rank: Veteran


Joined: 11/19/2008
Posts: 839
does the guy work for...

Nairobi Water and Sewage.....???

I'm the real Massey F.....shut your mouth
I'm the real Massey Fergu...... Shut your mouth....
mukiha
#31 Posted : Monday, October 19, 2009 12:45:00 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
@TRS;

No. He is not even remotely related to anyone at the company.

BTW: 50,000 litres = only 5 deliveries.....He makes about Sh2k on each delivery...Sh10k per day....200k to 250k per month...

I guess the gravy train will run dry in the coming weeks as Ndakainin dam fills up...

This is the reason the guy doesn't want to buy a tanker.....bright chap!


Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
kishtash
#32 Posted : Tuesday, October 20, 2009 9:55:00 AM
Rank: Member


Joined: 7/1/2008
Posts: 68
@samsa,
I think I have something to contribute in this.
Like someone has said in the thread,you cannot become prosperous by starting big but by growing big.
I never believe in geniouses. I however believe in improvements. Improve what you are doing today for a better tomorrow.
If you start big,you will eventually come down. But if you start small,you will eventually grow. I watched citizen news on Sunday and I realised Paul Wanderi Ndung'u owns a Billion in todays NSE. If you ask him,he did not start by buying a million. Maybe a 10k or below worth of shares. He continued growing.
If you are not saving today,start saving. Tomorrow you will have something you didnot have today. Tomorrow increase your savings or diversify. Whatever you start to do,do it with all your minds and heart and energy. You will surely be big one day.
I have been to Rift valley the better part of my career until pev broke last year. I tell you,the prosperous people are innovative,hardworking and smart. If you are the type that sits down to think you have nothing,you wil never get. But if you work with the little you have,then one day,you wil testify of how you have moved from lower levels to great heights.

Start small!

tash
kishtash
#33 Posted : Tuesday, October 20, 2009 10:05:00 AM
Rank: Member


Joined: 7/1/2008
Posts: 68
additionally,I am stuck at your point no 3. The housegal. She is innovative and used her opportunity well.It turned out to be a fortune. One thing that many kenyans don't do is self sacrifice and taking risks. You got to place your life on the edge. You will work very hard to save yourself because you dont wanna die.
By the way,you go to eastleigh. There are hawkers just before you enter the mkt itself. These guys sell and earn a living by just buying those items from the makt and selling the wares right outsdide the same market. Supposing you were to take the same clothes out of that place? You will earn much more than them. No wonder Michael Joseph says his mentors are hawkers and touts!
Why do people travel all the way to NBI to buy some things? Can't you offer to supply them at discounted prices to them? Kenyans need to always think outside the box.
If you sit down to complain,you will die poor. Wake up and work.

Start small!

tash
Yawezekana
#34 Posted : Tuesday, October 20, 2009 12:16:00 PM
Rank: Member


Joined: 7/22/2007
Posts: 7
TRS and Kishtash


ESkay is still alive and well.Members very committed.The company is still taking small but important steps towards being a great company.

All I can say is that a lot is happening concerning this company behind the scenes.

Hope you wont have to shout at the roof tops now :)

Its time to wake up young people -Lets invest
samsa
#35 Posted : Wednesday, October 21, 2009 6:08:00 AM
Rank: Member


Joined: 5/7/2009
Posts: 155
@yawezekana,

I will be intrested to know more about Eskay.

Where are their offices? Or contacts?

@kishtash

Kuddos men. You speak with alot of passion. I agree with you 100%. I have benefited. I wil start small

It doesn't hurt to know more than you have
VituVingiSana
#36 Posted : Wednesday, October 21, 2009 7:20:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
From my savings... Then borrowed from my Mother... Bless her...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
reiner
#37 Posted : Wednesday, October 21, 2009 12:32:00 PM
Rank: Member


Joined: 3/11/2009
Posts: 27
all youth should look up to mike,the owner of club casurina and those fancy buru mats. He is proof a young man with vision and a humble beginning can go very far. I'm also told he is one of the few rich men who have made money through honest means.
myks
#38 Posted : Wednesday, October 21, 2009 1:40:00 PM
Rank: Member


Joined: 8/14/2008
Posts: 107
reiner,,i have different storos ..za unga 'bout that guy,,nway nobody knows how tru

face your fears live your dreams
reiner
#39 Posted : Wednesday, October 21, 2009 1:55:00 PM
Rank: Member


Joined: 3/11/2009
Posts: 27
maybe they're jealous about mike's success. people are bound to be jealous of a 30 year old with that much money
mukiha
#40 Posted : Wednesday, October 21, 2009 2:44:00 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
@reiner;

Very true.

I have heard many silly stories also about Thuo and his Citi Hoppa company...how he stole money fro KBS [Yet the truth is that he was fired because he refused to go along with the board's plan to milk the company...they eventually replaced him with Mukhabana whom Thuo had fired for incompetence] and also how he is just a front for Michuki [a version propagated by Mapolomoko Madd,aka,Paul Kelemba,aka,Maddo.....complete hogwash with no basis!!]

Just BTW; Thuo sold his house in order to pay back the housing loan to KBS. The profit made after the sale was invested in four busses partly financed by CMC.....the rest is history....

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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