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The 5 ways to get filthy rich legally in Kenya
Rank: Elder Joined: 7/22/2009 Posts: 7,840
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Rank: Elder Joined: 7/22/2009 Posts: 7,840
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Angelica _ann wrote:Mike Ock wrote:S.Mutaga III wrote:I couldnt agree more. Especially selling addictive commodities. I sometimes imagine the kind of profits Tribeka and I-club rake in every weekend...selling beer at 250 plus...while buying at less than Ksh 100...you can only imagine. One establishment can make a person get into the billionaires club....literally. Sportpesa is reportedly generating 18m monthly in MPESA transactions alone in less than 2 years according to my Safcom sources Didn't know sportspesa is that bad until I met a cousin who wakes up and first thing is to look for newspaper for the day's games. Baaaad!!!!! Bets every day religiously!!!! I have seen people analyse teams I have never heard of from leagues I did not existed like the owned shares in those teams. They know how they have been performing, injuries, head to head etc. and we are talking about teams you can't even pronounce the names. That thing is terrible. And it has caught on even with ladies. Nice, decent, corporate ladies. Na yuko sportpesa. You hear her complaining how the Man City draw with Aston Villa messed up her multi bet!!! And they bet good money. Sio kama ma hustler!!! The owner(s) must be making a killing!!! 18m a month in MPesa transactions sounds to low given what is happening on the ground! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,840
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Lolest! wrote:What about brokers? Saw some ad for land on fb. Ad claimed the good agric land on offer was a great buy at 160k per acre...There were great pics of green maize.The place looked beaurifoo! I started sallivating...
Then I asked a guy in the office. Shocker! The area is mostly dry and selling prices never get past 80k and even then getting buyers is hard! The photos were taken during the Ninyo!
So this broker dude pretended to be one of the small buyers who needed others to join him in the purchase but then he doubled the price
Total size 40acres
GP per acre 80k
Just for marketing it on fb! I have a friend from Embu and he told me if you want to buy agricultural land anywhere you are not familiar with, you should take your time and visit the place different times of the year. He told me the area he comes from is Arid/Semi Arid but it rains nicely for like a month or so and everything becomes green. That is when people sell their land to people from Nairoberry!!! Wacha urudi after a month or two!!! Utalia machozi!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,840
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Ali Baba wrote:4eva eva wrote:Jon Jones wrote:There is one sure way I know of. People tend to think local, which is very bad. Kenyans are broke. Figure out a way of earning from Europeans, Arabs or Americans, and you will become filthy rich. I am talking about exports. Get paid in green bucks, not local currency. Trying to make billions legally from Kenyans is like squeezing juice from a stone. It is not impossible, but it is very hard. You will sweat 1000 times as much as trying to make a billion Kenya Shillings from a mzungu or arab. Just check beach hotels, and anyone else who earns in dollars. That is why they dont care about blacks anyway, or about locals for that matter. No offense intended...but in most cases, you are we are not the target market. In fact, having too many blacks in a beach resort may be bad for future business. Hehe quite interesting Having too many black people in one location/country increases cases of crime,corruption,prostitution,money laudering and tax evasion.Nelson Mandela once said that black people are more prone to being involved in crime than other races.Is it a case of bad genes ???? Tembea and get mugged white thugs, see streets full of Caucasian prostitutes, See the level of corporate corruption in the west etc. Ati Money Laundering? You can't come anywhere close to how it is done in the west by both corporations and criminals. Ubaya ya kuishi Githurai and imagining all bad things are done by blacks!! You have a higher chance of getting mugged at Time Square than in Githurai!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 9/19/2011 Posts: 1,694
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Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani
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MaichBlack wrote:Lolest! wrote:What about brokers? Saw some ad for land on fb. Ad claimed the good agric land on offer was a great buy at 160k per acre...There were great pics of green maize.The place looked beaurifoo! I started sallivating...
Then I asked a guy in the office. Shocker! The area is mostly dry and selling prices never get past 80k and even then getting buyers is hard! The photos were taken during the Ninyo!
So this broker dude pretended to be one of the small buyers who needed others to join him in the purchase but then he doubled the price
Total size 40acres
GP per acre 80k
Just for marketing it on fb! I have a friend from Embu and he told me if you want to buy agricultural land anywhere you are not familiar with, you should take your time and visit the place different times of the year. He told me the area he comes from is Arid/Semi Arid but it rains nicely for like a month or so and everything becomes green. That is when people sell their land to people from Nairoberry!!! Wacha urudi after a month or two!!! Utalia machozi!!!  wow that is big thinking
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Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani
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MaichBlack wrote:Ali Baba wrote:4eva eva wrote:Jon Jones wrote:There is one sure way I know of. People tend to think local, which is very bad. Kenyans are broke. Figure out a way of earning from Europeans, Arabs or Americans, and you will become filthy rich. I am talking about exports. Get paid in green bucks, not local currency. Trying to make billions legally from Kenyans is like squeezing juice from a stone. It is not impossible, but it is very hard. You will sweat 1000 times as much as trying to make a billion Kenya Shillings from a mzungu or arab. Just check beach hotels, and anyone else who earns in dollars. That is why they dont care about blacks anyway, or about locals for that matter. No offense intended...but in most cases, you are we are not the target market. In fact, having too many blacks in a beach resort may be bad for future business. Hehe quite interesting Having too many black people in one location/country increases cases of crime,corruption,prostitution,money laudering and tax evasion.Nelson Mandela once said that black people are more prone to being involved in crime than other races.Is it a case of bad genes ???? Tembea and get mugged white thugs, see streets full of Caucasian prostitutes, See the level of corporate corruption in the west etc. Ati Money Laundering? You can't come anywhere close to how it is done in the west by both corporations and criminals. Ubaya ya kuishi Githurai and imagining all bad things are done by blacks!!
You have a higher chance of getting mugged at Time Square than in Githurai!!!  And what is the percentage of those mugging you being blacks??? To say the truth, we blacks are still in the small league of thieves. Just like that chicken thief in the village comparing it to the Anglo leasing thief in Nairobi.
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Rank: New-farer Joined: 1/6/2019 Posts: 34 Location: L.A. 90010
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Route # 1 - Having a net income of 450k. This the reason a lot of Kenyans seek employment opportunities outside Kenya. There are many jobs paying such an amount and even more in western countries. The best thing about it is even for those who do manual jobs such as truck driving, fishing jobs, oil drilling jobs etc, they can net that amount or at the very minimum work two jobs to earn that cash. The next step is simply living below your means and investing the rest back in Kenya. Very possible to live in Nyari, drive that S-class without kuiba. God. Real Estate. Fast Cars. Hot Chicks. Philanthropy.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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LosAngeles~254 wrote:Route # 1 - Having a net income of 450k. This the reason a lot of Kenyans seek employment opportunities outside Kenya. There are many jobs paying such an amount and even more in western countries.
The best thing about it is even for those who do manual jobs such as truck driving, fishing jobs, oil drilling jobs etc, they can net that amount or at the very minimum work two jobs to earn that cash.
The next step is simply living below your means and investing the rest back in Kenya. Very possible to live in Nyari, drive that S-class without kuiba. Living in Nyari with 450k a month? I pay rent of 250k monthly excluding service charge in Runda..May be you mean living in an SQ in Nyari
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Rank: Elder Joined: 10/3/2008 Posts: 4,058 Location: Gwitu
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mawinder wrote:LosAngeles~254 wrote:Route # 1 - Having a net income of 450k. This the reason a lot of Kenyans seek employment opportunities outside Kenya. There are many jobs paying such an amount and even more in western countries.
The best thing about it is even for those who do manual jobs such as truck driving, fishing jobs, oil drilling jobs etc, they can net that amount or at the very minimum work two jobs to earn that cash.
The next step is simply living below your means and investing the rest back in Kenya. Very possible to live in Nyari, drive that S-class without kuiba. Living in Nyari with 450k a month? I pay rent of 250k monthly excluding service charge in Runda..May be you mean living in an SQ in Nyari With 450K you are better off living in cheaper parts of Thome or Muthiga Kinoo. Mambo ya Nyari achia wenyewe Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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