Entrepreneurship Debate. 

THE PLATFORM

Pause: Entrepreneurship should be taught as a subject in all schools across Africa.

By far the biggest employer of people in Africa is what is generally called the “informal sector.” I personally don’t like this title “informal,” preferring something like the “entrepreneurial” sector, but the truth of the matter is that most people in Africa survive and put their kids through school, by being “self-employed” in some sort of business activity.

Whilst most of the people in this sector are generally literate, having been to school, there’s very little in our education system that actually prepares them for a life running their own business.

This attitude that people must “fend for themselves” is something we need to end across Africa. Governments do have a responsibility to help create real jobs in an economy.

For those government leaders that ask for my advice, there are always five things that I recommend:

View original post 397 more words

Advertisements

Investment Risk 

THE PLATFORM

RISK APPETITE


Shared:
A story is told. The story goes:

John appeared in a village market and announced to the villagers that he would buy monkeys for 20,000/- each.

The villagers seeing that there were many monkeys around,

went out to the forest and started catching them. The man

bought many of them at 20,000/- and as supply started to diminish, the villagers stopped their effort.

He further announced that he would now buy at 30,000/-

This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even

further and people started going back to their farms.

The offer increased to 40,000/- each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at 100,000/-!

However, since he had to come to Nairobi…

View original post 846 more words

Money Mistakes 

THE PLATFORM

MONEY


#Money Mistake 1:

Never borrow money that accrues interest to start a business (except if you are paying for it through your salary); only borrow to grow your business. This is because business takes a long time to gain ground and begin making profit, yet most loans repayments have to be made within a month of taking the loan or even earlier. Therefore, never borrow money to start a business expecting that the business will generate income to pay back the borrowed money plus the interest.
#Money Mistake 2:

Never spend money you haven’t received. Don’t even promise someone money based on a promise you have from someone else. If someone tells you: “Ezra, come to my office tomorrow at 9am and pick Sh30K”don’t go out to buy items on credit based on this promise, with the hope that you will pay off your creditor when the promised money…

View original post 1,028 more words

Social Entrepreneurship 

THE PLATFORM

SOCIAL ENTREPRENEURSHIP


We are living in the Experience Economy age and slowly but gradually gravitating towards a transformational economy. The journey however started way back from a commodity economy then goods economy then service economy coming to experience economy headed towards transformational economy. So it’s argued in the Experience Economy, business people are far concerned with Mass customization unlike say the investors of the 60’s who’s major concern was mass production. In the transformational economy however, entrepreneurs strive to holistically improve the lives of their product and services consumers visa vis giving key attention to issues such as environmental concern and social economic integration. Social Entrepreneurship thus has taken a Centre stage. Social Entrepreneurship could be simply be seen from the aspect of the business of doing good. Most recently companies have heightened their corporate social responsibility: CSR. Widely evident in the number of foundations being fronted by organizations.

There…

View original post 225 more words

Ma

THE PLATFORM

Jack Ma was In Town.

Here are a few facts you probably didn’t know about this legend:
1. Harvard university rejected his applications 10 times.
2. He applied for jobs and was rejected 30 times. The interesting one is where he applied for a job at KFC, and while 24 people had applied, 23 were accepted. He’s the only one who was declined.
3. His first salary was $12 – 15 a month.
4. He raised Alibaba’s capital ($60,000) in two hours by inviting 18 people in his apartment and talking to them about his vision.
5. He learned English as a teen by giving free tours to visitors in Eastern China for 8 solid years.
6. His first career was an English teacher.
7. He’s worth $24billion
8. He performs mass weddings for his employees.
9. He’s barely computer literate.
10. He was the first mainland Chinese entrepreneur…

View original post 263 more words

Land Question

THE PLATFORM

LAND


These days all and sundry are  buying land.  Following is a step by step process to follow to avoid the path of being conned or rather just ensuring yuu stay on the right side of things:

Land Map
Visit the local surveyor and purchase maps of the place, normally two, one drawn to scale (informally known as tracing or mutation) and another showing the neighbouring farms, costing Ksh300 per map. You can buy these at the Lands Ministry but a surveyor is better and faster.
Ground Verification
Armed with the map, the surveyor and the seller visit the land on the ground. Have a tape measure to confirm the dimension from the map drawn to scale. Make sure you see the beacons or replace the lost ones. Surveyors charge about Ksh1,000 per beacon. Make sure the bordering neighbours are in agreement with the boundaries.
Agreement
The law requires any…

View original post 833 more words

Drawing Art 

THE PLATFORM

Art Enthusiasm

Happened to Check on my friend recently, and he’s refined his art big time. His business slogan reads “A business with no sign is a sign of no Business” Sure how do you run a business with no sign to show unless you are into some ‘below water stuff’ Here in the hood they put it you are a ‘pharmacist’ to mean you do DRUGS. That now sounds illegal. His is a fine trade. The work of his hands is what puts bread and butter upon table. He’s a straight guy who lives by his words. He prints, paints but most importantly he draws virgin Art. He’s the type who will draw you up in 3D. Just as his business slogan interestingly reads “A Business with no sign is a sign of no business” his works of art stand commandeering loud.
Think about Art and Art is innate…

View original post 307 more words