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I million cabbages
jaggernaut
#1 Posted : Saturday, August 10, 2013 2:58:46 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.

Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.

I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.

dunkang
#2 Posted : Saturday, August 10, 2013 3:07:40 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
jaggernaut wrote:
There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.

Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.

I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.

factor water, seedling, labour, transport etc
Receive with simplicity everything that happens to you.” ― Rashi

jaggernaut
#3 Posted : Saturday, August 10, 2013 3:10:43 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
dunkang wrote:
jaggernaut wrote:
There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.

Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.

I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.

factor water, seedling, labour, transport etc


Lets give those expenses 400k. That leaves 2m.
Lolest!
#4 Posted : Saturday, August 10, 2013 3:11:43 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Good for you to plant. But take your mind off the 80 bob price. Cobweb Theorem is always at play in such markets. There will be serious oversupply in a few weeks
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jaggernaut
#5 Posted : Saturday, August 10, 2013 3:25:59 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
Lolest! wrote:
Good for you to plant. But take your mind off the 80 bob price. Cobweb Theorem is always at play in such markets. There will be serious oversupply in a few weeks


Of course timing is quite important. Wholesaling at 40bob would still give you about 1m after factoring expenses. Even selling at a throw away price of 20bob will give you 600k. This after just 3 months.
Bigchick
#6 Posted : Saturday, August 10, 2013 4:01:04 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
jaggernaut wrote:
Lolest! wrote:
Good for you to plant. But take your mind off the 80 bob price. Cobweb Theorem is always at play in such markets. There will be serious oversupply in a few weeks


Of course timing is quite important. Wholesaling at 40bob would still give you about 1m after factoring expenses. Even selling at a throw away price of 20bob will give you 600k. This after just 3 months.



Lower that to 10 bob (am being modest by not saying 5 bob) coz thats yhe price middlemen buy at.Talk to farmers in Kimende Lari area.

And they are good at timing, giving false promise the first week then coming back when you are desperate and willing to sell even at 3 bob.

Start with establishing ready market then grow them.

Otherwise theory sounds good while practical ni balaa tupu.

Good luck.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Lolest!
#7 Posted : Saturday, August 10, 2013 4:21:58 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Right @bigchick. And also avoid flat land. Could be disastrous when it floods
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Magigi
#8 Posted : Saturday, August 10, 2013 4:31:56 PM
Rank: Elder

Joined: 3/31/2008
Posts: 7,081
Location: Kenya
jaggernaut wrote:
There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.

Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.

I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.


Got 5 acres lying idle in mayakos (midway mayakos town and makutano...2.5 km off the main road...Don't know what to do with it!!! But no water nearby...Uko na roho ya borehole?
Bigchick
#9 Posted : Saturday, August 10, 2013 4:41:15 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
Magigi wrote:
jaggernaut wrote:
There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.

Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.

I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.


Got 5 acres lying idle in mayakos (midway mayakos town and makutano...2.5 km off the main road...Don't know what to do with it!!! But no water nearby...Uko na roho ya borehole?



Ukifanya borehole jaribu somethingelse.Kama matunda melons, maembe , paipai nakathalika.

Sijasiskia cabbage ya kutoka Mayakos.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Mastermind
#10 Posted : Saturday, August 10, 2013 4:45:41 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
Bigchick wrote:
Magigi wrote:
jaggernaut wrote:
There is always this joke that the easiest way to become a millionaire is to plant 1 million cabbages and sell each at 1 bob.

Anyway, on a serious note, 1 acre can have 30,000 cabbages and with the price of one cabbage currently at 80bob in Nairobi, it means one can make Ksh 2,400,000 in just 3 months.

I am seriously looking for 1 acre of land to lease within 100km of Nairobi to try and actualize this.


Got 5 acres lying idle in mayakos (midway mayakos town and makutano...2.5 km off the main road...Don't know what to do with it!!! But no water nearby...Uko na roho ya borehole?



Ukifanya borehole jaribu somethingelse.Kama matunda melons, maembe , paipai nakathalika.

Sijasiskia cabbage ya kutoka Mayakos.

... Ama sukuma
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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