Most viable biz for 650k

qalonzo

Village Elder
#7
The best idea by the way if you don't have any, is to do what you did to get that 650k again. Otherwise, don't try. Utalilia Kwa joo
 
#15
I find this advice old outdated, and Low IQ especially here in KT. What if he has been saving kidogo kidogo and now wants to start a business?
Mi kitu nimenotice over the years. People who start with capital then start looking for ideas more often than not will fail. Someone who starts off with an idea then sets off to look for capital tends to have a better chance. Especially people who were employed in that industry then decide to venture out on their own, hawa ndio hua na really good chances of success. But an idea alone is worthless, if you don't have the attitude and aptitude to succeed. This will sound harsh, but some people are better off as employees. Not everyone was built to be a captain in the rough seas.

Fun fact: The overwhelming majority of small businesses collapse within the first 3 years.
 

qalonzo

Village Elder
#16
I find this advice old outdated, and Low IQ especially here in KT. What if he has been saving kidogo kidogo and now wants to start a business?
You are right actually. But just a simple question, why save, why take all that loan if you don't know what to do with it? Does it make sense to you?
Halafu after you take it, you come running here for advice? Aaaiiii ndigithia nie!
 

SparkMyke

Village Elder
#17
Hello guys, which is the best to start with this,if any?
My cousin has a gaming lounge at K-West that started off as a cyber first. In 2018 she realized children were installing PS One emulators or running browser based games in those Core 2 Duo ex-uk PCs so then decided to setup a spot with an XBox One. Now the cyber is no more. Same space, 3 XBOnes and 2 PS4s all 40" screens. Watching her business progress to what it now is, is inspiring.
I'd advice you to try this route. If I had the capital I would follow suit. This, based on what I've seen, is the laziest most profitable business there is. The only recurring expenses are electricity and rent. That's it.
 

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