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Business ideas for a retrenched man, capital 700,000 Kshs.
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Cde Monomotapa
#31 Posted : Thursday, July 21, 2011 11:05:20 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
There is surely an underlying lesson to be learned here.
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Tycoon!
#32 Posted : Saturday, July 23, 2011 10:16:24 PM
Rank: Member

Joined: 9/11/2007
Posts: 62
Location: Nairobi
Farming is the cheapest and he can start enjoying returns in 6-9 months. He will need a quarter of an acre somewhere out of town, with water and a green house. The investment for the greenhouse is 150-250k.
The beauty is demand for food never ends, and once a farm starts producing it doesnt stop unless disease catches up. That is why he can go to KARI for tips on taking care of his crops. There is demand for everything even strawberries.

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Cde Monomotapa
#33 Posted : Sunday, July 24, 2011 5:47:42 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
There is surely an underlying lesson to be learned here.
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Genghis Khan
#34 Posted : Monday, July 25, 2011 4:31:08 PM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
Tycoon! wrote:
Farming is the cheapest and he can start enjoying returns in 6-9 months. He will need a quarter of an acre somewhere out of town, with water and a green house. The investment for the greenhouse is 150-250k.
The beauty is demand for food never ends, and once a farm starts producing it doesnt stop unless disease catches up. That is why he can go to KARI for tips on taking care of his crops. There is demand for everything even strawberries.


Correct!
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
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AlphDoti
#35 Posted : Thursday, September 06, 2012 3:51:37 PM
Rank: Elder

Joined: 6/20/2008
Posts: 6,275
Location: Kenya
KenyanLyrics wrote:
@mapozi my opinion is that a poor 51 year old is in no position to be taking risks with his golden handshake. Advise him to invest in safe investments.

My uncle told me once that retirement handsake money is your last "salary", must be careful with it.
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sonko2
#36 Posted : Sunday, September 09, 2012 2:13:29 AM
Rank: New-farer

Joined: 11/3/2011
Posts: 35
Buy a plot in juja farm and eventually you are going to sell it and make a profit.For more details email:danielluke75@yahoo.com
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King G
#37 Posted : Tuesday, September 11, 2012 8:55:48 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
KenyanLyrics wrote:
@mapozi my opinion is that a poor 51 year old is in no position to be taking risks with his golden handshake. Advise him to invest in safe investments.



Laughing out loudly Laughing out loudly Laughing out loudly Truth be told; black and white!
Thieves
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S.Mutaga III
#38 Posted : Wednesday, September 12, 2012 8:44:58 AM
Rank: Member

Joined: 3/26/2012
Posts: 830
700k for a retiree is not a lot of money.However,he is lucky enough to get it.Does he have any other sources of income?This is because the advice you give to this man heavily depends on whether he has another source of regular income.You cannot advice a person without another source of income to buy land or any longterm investment that does not give cashflow.Assuming worst case scenario where the man has no other source of income,I would advice him to leave the city and find cheap land in the village,and rear 3 fresian cows which will give him at least 30ltrs a day...selling the milk at sh40 per litre,he gets 1200 daily,for the rest of the cows lives...
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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