As Bill O’ Reilly put it, “For all of its faults, it gives most hardworking people a chance to improve themselves economically, even as the deck is stacked in favor of the privileged few. Here are the choices most of us face in such a system: Get bitter or get busy.”Here are a few highlights to consider in your business emblem;
Bill O’ Reilly
The most naive thing you can do when buying a second hand car in Kenya is to look at its mileage.There is no way a 2008 car can have a mileage of 49,000,stay woke!
Are you planing to venture into agribusiness?Well then make sure it is large scale. This is one sector that thrives on economies of scale. Planting sugar cane or maize in half an acre and then expecting to make any serious returns is a big joke. You will live to blame the weather and the government.
Real estate is the current big deal in Kenya ,it is good! However, be careful where you are putting up your rentals. If you do it in a very rural area where houses go for two thousand, even if you have ten houses that’s just twenty thousand per month. If the plot cost you four hundred thousand and you spent another four hundred thousand to put up your single rooms, it will take you four years before you recover your eight hundred thousand which is meagre.
Are you planning to start a small scale business like having a Milk bar, Barber shop, Salon, Car wash or pub ?Make sure you invest in CCTV cameras.Your employees can make that place their gold mine.
Looking for an Insurance cover ? Don’t give an insurance guy your phone number if you are not yet ready to take a policy with them.Well,persistence is good but they could be overly irritant.
Having office friends is good .However ,office drinking friends and relationships can drain your pockets faster than you know it. Approach these two with some moderation and open eyes.
In this time and age, you cannot afford to stay without a power-bank.Get one ,its a necessity!
Always have some little money in your M-PESA account.You never know when it comes in handy.
At home or at work, never let your power tokens go below twenty before refilling them.
Rarely does your employer have your individual interests at heart.They can easily let you go without blinking, just to balance the books. Don’t be overly loyal to your employer.Remain subtle!
Books are your best companion.
Finally,READ READ READ. Make it a habit to read books,magazines,blogs etc. It will save you from uncomfortable and awkward silences in round table meetings or dinner dates because a well read person will always have something to say.
By Michelle WAHITO