WANT TO MAKE A MILLION IN ONE DAY?

millionaire

Its been a minute since I shared something, I feel very guilty considering we are already half way though the year!

While I’ve been away, I’ve had the pleasure of being part of an amazing group of young women under 30 who are armed to the teeth with information and passion to make a difference in their lives, and the country. Most are entrepreneurs running  or have partnered to run businesses.

I like encouraging people to venture into business, growing their talents and making money while at it. Let’s be honest, white-collar jobs are not what they used to be. Who knew you’d make money off running someone else’s social media accounts? who knew you’d one day get paid to go around restaurants rating food?

Majority of those working now have been in that office for a minute, so as you train, whose job are you planning on taking exactly? Companies are downsizing and even shutting down. So where are you getting that job?

Here are a few eye opening facts we’ve seen this year.

As applications for the second cohort of Tuskys internship programme came to a close on June 30th, the reality of joblessness in Kenya became more apparent. According to results of the applications, majority of applicants were masters and undergraduate degree holders seeking to intern at Tuskys, Kenya’s second biggest retail chain in terms of turnover.

“The fact that even holders of Master’s degrees are looking for internships is a pointer that we have a huge role to play in filling in the skills gap,” said Tuskys CEO Dan Githua. “It shows that experience is as important as academic qualifications in the employment market.”

But it also shows how desperate the jobless market has become with thousands of graduates chasing fewer jobs in the market. So few that candidates are resorting to applying for jobs and opportunities they are overqualified for to increase their chances of being considered.

http://www.businesstoday.co.ke/masters-degree-holders-scramble-for-tuskys-internship/

An unsettling fact; 80% of unemployed Kenyans are below 35 years.

“The challenge of youth unemployment is compounded by the fact that 90% of all unemployed young people lack vocational skills, said Sicily Kariuki, cabinet secretary for youth and gender affairs in the Ministry of Public Service. “Addressing youth unemployment therefore calls for innovation, investment and commitment among all stakeholders.”

Unemployment is a major challenge that affects youth across Kenya. Approximately 800,000 young Kenyans enter the labour market every year and youth unemployment is estimated to be as high as 35%, compared to the overall national unemployment rate of 10%. Furthermore, 80% of unemployed Kenyans are below 35 years old.

https://www.theguardian.com/sustainable-business/2016/mar/02/tackling-youth-unemployment-in-kenya-through-public-private-collaboration

future mill

I’m sure most of you have read this in various WhatsApp groups and fb posts.

If your boss paid you 30,000 every month and you saved all that money without touching a coin, you would need to work for 36 months to get 1 million.

But if you convinced an organization like The UN to give you a printing job for only 5000 umbrellas and you made Ksh. 200  from each umbrella that  would be  5000×200=1,000,000. In only 1 day.

It becomes crazy if you want to become a Billionaire. Say your boss pays you 1 million per month and you saved all that money without touching a single coin, in a year you would only have 12 million and you would need to work for 84 years to get 1 billion (How old are you??).

However, there are 40 + million people in Kenya if you supplied salt to 12 million of them once per month making 10 bob per packet, it would only take you 1 year to be a billionaire.

A lot of people may punch holes in this, however what is key here is the lesson.

Times are changing, I’ll tell you this, companies hire people who can perform more than one task. The disruption is real, and its happening fast in Kenya and in Africa. We need to shape up and catch up fast.

My two cents on this:

  1. On top of what you already studied for, add a few more skills, that always wins.
  2. White collar jobs aren’t what they used to be, if you are below 30, you fall under the  entrepreneurial generation so get off the couch and do something.
  3. With Africa becoming a ‘continent of interest’ you don’t have to think going abroad will save your life, now is the time to take advantage of the opportunities coming in.
  4. Tender-preneurship is a thing now, jump on it.
  5. Take advantage of the youth,women tenders already set aside. If you don’t, who will?
  6. Nothing will come easy,that we all know, so brace yourself for tough times.However, it will be worth every minute.
  7. For the record, Farming isn’t shady.

 

Have a beautiful thought-provoking day 🙂

 

Cheers,

Cynthia Ythera Mwangi

 

 

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CINDERELLA,THE LIZARD AND MY AHA MOMENT

As 2016 year started, I found myself watching a re-run of Cinderella , (yes yes I’m one of those) oh how familiar this story is. And every fairytale from here to King George’s kingdom . The beautiful girl is married by the prince and the evil step sisters bite the dust. YES? Of course… And for a long time, I thought most of the fairly tales were about that…love. As a little girl I hoped my prince charming would come in and swoop me off my feet too and we’d live happily ever after in a big castle ( I know allow a girl her moments)

As I watched it, little things started catching my attention. Like this simple conversation :

cinderella

Cinderella: I’m frightened, Mr. Lizard.
Lizard Footman: Oh.
Cinderella: I’m only a girl, not a princess.
Lizard Footman: And I’m only a lizard, not a footman. Enjoy it while it lasts.
[Ella smiles then with a breath of courage starts making her way inside the palace]

   Then it all came together. It was always about being courageous, believing and taking risks. The answer the footman gave was what we may refer to as the pep talk before a big match; Before taking the first step into your happily ever after. Scared as you may be, courage is necessary.                     Have courage,

 I watched as Cinderella’s step-mother squashed every chance she might have had to meet the prince. However, when the time came, nothing could stand in her way. Her step-sisters laughed and mocked her but she still hoped. Something she never lost. she was determined, she held on to her dream, her spirit wasn’t crushed. You should have seen me scribbling down these words right after the movie. My light bulb moment gave me something I think was slowly dying; Hope. I was awakened, in that moment, I saw hope.

In 2016 May you be reminded like I was, to be hopeful, courageous, believe and taking risks. When an opportunity presents itself, no matter how insane it looks or feels, no matter how small, take it and Enjoy yourself.

Happy-New-Year-2016

Now I can wish you a Blessed New Year 2016!!

I look forward to hearing about the chances you took. yes? Brilliant!

I’ll leave you with these words : Have courage,  be kind and all will be well

 

Cheers,

Cynthia Ythera Mwangi

WOMEN IN TECH AFRICA LAUNCHES KENYA CHAPTER

WOMEN IN TECHAFRUCA

 

Date: September 10th 2015

Time : 6pm – 8:30pm
Theme: Women Leadership and the African Technology Dialogue
Target Audience: Women working in the technology sector and technology thought leaders across Africa
Location: iHub Nairobi,4th Floor, Bishop Magua Centre, Ngong Rd, Nairobi, Kenya

We would want you to invite you to attend

Speakers

Wambui Kenya – Managing Director – Africa at ThoughtWorks

Amrote Abdella -Director, Venture Capital & Start-ups, Microsoft Africa Initiatives

Linet Kwamboka CEO at DataScience LTD (Nairobi)

Amanda Gicharu Kemoli Co-Founder & Program Director Tech Republic Africa

In context of the theme we would l these ideas:
The Climb: playing to your strengths for career leadership
How do we support the entrepreneurs, how can we invest in the businesses that African women want to build/are building.
Entrepreneurship in Africa
Failure and Career Growth

Women in Tech Africa has membership of over 500 women in over 30 countries in Africa and will be launching Chapters in South Africa, Nigeria, Uganda, Kenya, Zambia and Canada in addition to Ghana by December 2015

About Women in tech Africa
In order to identify and learn from other Women in Technology across Africa, Women in Technology across Africa spear headed and run the first Pan African women in tech virtual meet up which brought together over 150 women in technology roles across Africa and was featured in CNN.
The success of this process resulted in an established a formal Pan-African Network of Women in Technology to organise regular activities to provide effective support to women in technology across the African continent.

source: event Facebook page

WRITING YOUR BUSINESS PLAN

business-plan      Whether you’re starting or growing your business, you need a business plan. Your plan will provide the road map to achieve the success you want. The question shouldn’t be IF you write your plan, but how to write a business plan that will take your company where you want to go.

Your business plan is essentially your answers to a comprehensive list of questions. The first and most important question is this: where do you want your business to go? Stated differently, what do you want your business to look like in three, five or even 10 or more years? What level of revenues and profits do you have at that time? How many employees? How many locations? And so on.

Likewise, your business plan should answer these questions for a shorter time period, particularly one year. That is, what are your business’ goals for the current year, and what must you accomplish to make the year a success.

Tips when writing your business plan

When writing your business plan and before you start using it, consider the following:

  • Do your research – You will need to make quite a few decisions about your business including structure, marketing strategies and finances before you can complete your plan. By having the right information to hand you also can be more accurate in your forecasts and analysis.
  • Determine who the plan is for – Does it have more than one purpose? Will it be used internally or will third parties be involved? Deciding the purpose of the plan can help you target your answers. If third parties are involved, what are they interested in? Although don’t assume they are just interested in the finance part of your business. They will be looking for the whole package.
  • Do not attempt to complete your business plan from start to finish – First decide which sections are relevant for your business and set aside the sections that don’t apply. You can always go back to the other sections later. Get some help – If you aren’t confident in completing the plan yourself, you can enlist the help of a professional (i.e. Business Enterprise Centre, business adviser, or accountant) to look through your plan and provide you with advice.
  • Actual vs. expected figures – Existing businesses can include actual figures in the plan, but if your business is just starting out and you are using expected figures for turnover and finances you will need to clearly show that these are expected figures or estimates.
  • Write your summary last – Use as few words as possible. You want to get to the point but not overlook important facts. This is also your opportunity to sell yourself. But don’t overdo it. You want prospective banks, investors, partners or wholesalers to be able to quickly read your plan, find it realistic and be motivated by what they read.
  • Review. Review. Review – Your business plan is there to make a good impression. Errors will only detract from your professional image so ask a number of impartial people to proofread your final plan.

 Business plan chalkboard

What to include in a business plan?

A business plan provides direction, keeping you on track and is usually a requirement when you seek finance. Depending on your business type, your plan could include the following sections:

  1. Company Analysis: what products and/or services do you offer now and/or what will you develop and offer in the future?
  2. Industry Analysis: how big is/are your market(s) and how are they changing? What trends are affecting them and do these trends bode well for your future success?
  3. Competitive Analysis: who are your competitors and what are each of their key strengths and weaknesses? In what areas will you have or gain competitive advantage? How?
  4. Customer Analysis: who are your target customers? What are their demographic and/or psychographic profiles? What are their needs?
  5. Marketing Plan: how will your reach your target customers? What promotional tactics and marketing channels will you use? How will you price your products and/or services? What brand positioning do you desire for each?
  6. Management Team: who comprises your current team and what key hires must you make in order to execute on the opportunity in front of you. Will you build a Board of Advisors or Directors, and if so, who will you seek?
  7. Operations Plan: what is your action plan? What are the milestones you must accomplish to go from where you are now to where you want to be at year’s end? At the end of five years?
  8. Financial Plan: how much external funding (if applicable) do you need to build your company? In what areas will these funds be invested? What are your projected revenues and profits over the next one to five years? What assets must you acquire?

 

Was this post helpful, Leave a comment.

Regards,

Cynthia Mwangi

Sources : forbes.com

: business.gov.au

Images : Google

BUSINESS IDEAS YOU CAN START TODAY : EVENT SERVICES

quote-Benjamin-Franklin-to-succeed-jump-as-quickly-at-opportunities-103044

we know how Kenyans get overly excited about events. Weddings, graduations, birthdays, barbeques,baby showers, bridal showers etc. Why not turn that into a business? You know someone who’ll be having a  party and can pay you to handle the logistics. Its not easy, trust me. But nothing ever came easy.

 

Event Services
Photography
With your eye for photo opportunities-at weddings, parties, special events and more-you could be zooming in on profits as a freelance photographer. Be prepared to work weekends and evenings (when many clients will need your services) and to hire an assistant to help you juggle your photo paraphernalia.

Errand Runner/Personal Shopper
Calling all shopaholics: Here’s one business where you can truly shop till you drop . . . without spending a penny of your own! Personal shoppers-who may also perform other errands, such as picking up prescriptions or buying groceries-can never complain about a lack of things to do.

Mobile DJ
As a mobile disc jockey, weddings, parties and other events are all music to your ears. Start jammin’ with a collection of compact discs, a CD player, and a speaker system, then pass on the word about your services to wedding and event planners.

Wedding-Planning Service
Getting married isn’t always as simple as saying, “I do.” There’s a caterer to be contracted, a location to be rented, and flowers to be ordered. So when it comes to making matrimony a more harmonious event for the new couple and their families, wedding planners take the cake.

Event Planning
If your life has been, well, uneventful until now, we have a solution: Be an event planner! Whether it’s a party, wedding or convention, you’re sure to be at the center of all the action when you coordinate everything from room rentals and speakers to decorations and food.

event

 

Limousine Service
With a limo and some insurance, you could be the driving force behind a new business venture. Stretch your market by adding more drivers and cars to your fleet. Then, once you’ve established a reliable reputation, start-driving home your limousine-service sales.

Photo Birth Announcements
For birth-announcement producers, business is booming as fast as the population! Some basic desktop-publishing software, scanning equipment, and the names of new parents put you in the starting blocks; from there, create fanciful photo-cards, including those all-important details: name, birth date, time and weight.

Video Service
You may not win a producer-of-the-year award, but you’ll win the appreciation of your clients when you capture their weddings,  birthdays and more on video. Keep the film rolling at special events, then edit a final version for clients’ own special screenings.

Reunion Organizing
Reunite ’em ’cause it pays so good: Whether it’s one big happy family or one big high school class, reunions can be a joyful-and lucrative-occasion for reunion organizers. coordinate the catering and entertainment, send out the invitations, then sit back and let it all “come together.”

 

Was this post helpful? Leave a comment.

 

Regards,

Cynthia Mwangi

 

source : Guen Sublette runs her writing-and-editing-services business from her home in Redondo Beach, California.

: entrepreneur.com

images : Google

 

 

BUSINESS IDEAS YOU CAN START TODAY : MARKETING AND SALES

A JOURNEY

If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have to keep moving forward.”

Martin Luther King Jr.

 

Marketing and Sales
Sales-Lead Generating
Streamline salespeople’s efforts by identifying prospects and generating sales leads. Some footwork, market research, and a phone set you on the path to compiling a list of potential customers for your clients.

Public-Relations Agency
A way with words, enthusiasm and persistence are all necessary in this competitive business. Networking–by developing contacts with reporters and other media–is also crucial to helping your clients go public with press releases and more.

Copy writing and Proofreading Service
Wanted: creative writer with a knack for finding typos and misteaks . . . er, mistakes. Writers who help ensure clients’ advertising copy is both catchy and fault-free may not win a Pulitzer, but they will have some profits to write home about.

Public-Relations Agency
A way with words, enthusiasm and persistence are all necessary in this competitive business. Networking–by developing contacts with reporters and other media–is also crucial to helping your clients go public with press releases and more.

Sales Training
Don’t sell yourself short: With some self-promotion and marketing know-how, you could have what it takes to build your own business as a sales trainer. By sharing your sales savvy with other busy business owners, you not only help boost clients’ bottom line, but yours, too.

 

Source : Guen Sublette runs her writing-and-editing-services business from her home in Redondo Beach, California

Full article found in Young entrepreneurs

pictures : Google

BUSINESS IDEAS YOU CAN START TODAY : PERSONAL SERVICES

 

Most young people have unfortunately found themselves in the ‘ serikali saidia ma youth’ choir. Even with the youth/uwezo fund, tenders generally reserved for Women, Youth and Persons With disabilities. 

  In the same breathe, they want to drive range rovers and live in Nyari estate. How they plan to achieve that, i don’t know.  As Wangari Maathai said,  It’s the little things you do. That’s what will make the difference.   My little thing is sharing what I think will take you a step closer to that range rover.

Like this article that gave 105  jobs you can start without a lot of capital, the jobs , all very relevant.

I’ll share them with you in 7 posts

1.Personal services

2.Business services

3.Marketing and sales

4.Home services

5.Computer and technology

6.Children services

7.Event services

 

Personal Services

Mobile Pet Grooming
Snip, clip and brush your way to success as a mobile pet groomer. Fido and his owner will both appreciate the convenience of a “doorstep” doggie-grooming service. With the proper training and experience, a van and some grooming tools, start barking up the right tree by marketing your business in your neighborhood and others.

Dry-Cleaning Pickup & Delivery
Are you clothes-minded? Then try on the dry-cleaning pickup-and-delivery business for size. Provide pickup and drop-off at a place that’s convenient for busy professionals, then follow suit by arranging with a local dry cleaner to do the actual cleaning.

Golf-Club Cleaning
Take your best shot with a golf-club cleaning service. Not only will you be offering golfers a clean edge to improve their game, but you’ll be offering a way to protect their investment from the rusting, pitting and discoloration of dirty clubs.

Self-Defense Instructor
You can never feel too safe or secure. People of all ages and backgrounds can benefit from the self-defense skills you can teach them. Get your business jump-started by training others in the disciplines you’ve learned–Aikido, Karate, or simply basic safety-awareness skills.

Adventure Tours
got a taste for adventure? Whether it’s exploring South American caves or touring Masaai mara, you’re sure to find a fanatic following . . . so long as you do all the footwork first. Put your service on the road to success by coordinating transportation, food and lodging. Your clients only need to worry about one thing: having fun. e.g bonfire adventures

Pet Sitting
When it comes to creature comforts, most canines would choose their own backyard over a kennel any day. Thanks to pet sitters–who take care of pets while their owners are out of town or busy–Fido can have his kibble at home. This business isn’t just for the dogs, however; gear your services toward all creatures great and small for maximum profits.

Mobile Massage
Success is close at hand for mobile massage providers. Advertise your stress-relieving services at local workout clubs, spas and physical therapists’ offices. Then bring your trained hands–and a portable massage table–to clients’ homes or places of work.

Personal Chef
Cook up tasty profits as a personal chef. Those with culinary competence can likely find a hungry clientele  Or, market your business to clients for those special occasions when they prefer to dine in–complete with restaurant-quality food and service.

Mobile Mechanic
As a mobile mechanic, a good knowledge of automobile repair techniques and a list of referrals help you rev up sales. Put your business in the fast lane by bringing your service directly to clients’ homes or places of business.

Cover Letter/Resume Service
Not everyone knows how to look good on paper. With your editing and basic layout skills, a laser printer, and some high-quality stationery, you’re set to start showing clients how to put their best foot forward in their resumes and cover letters–and how to get in the door of potential employers’ businesses for an interview.

Mystery Shopping
Now, you can shop till you drop . . . and get paid for it! Just put on your shopping shoes and put service personnel to the test as a “mystery” shopper. Rate local retail stores’ employees on attitude, friendliness, and overall quality of service, then report back to your store-owner clients, helping them to ensure their service really is number one.

Tax-Form Preparer
One thing is certain: There will always be a need for tax preparers. Come tax season, businesses and individuals alike need help preparing numerous tax forms and understanding the latest tax regulations. Equipped with some specialized computer software, start scheduling your career as a tax preparer this fiscal year-and get ready for some returns on your time and investment.

Wedding-Guide publishing
for photographers, bakers, caterers and florists, wedding bells means big business. Help them get a piece of the action by publishing a wedding guide with space for local advertisers. Include some basic wedding-planning articles, and you’ll find June brides aren’t the only ones to benefit from your premarital publication.

Mobile Car-Wash and Detailing
Take your business on the road, and clean up on profits as a mobile car-wash and detailing pro. Let a little soap and water do wonders . . . along with a few rags, brushes, and elbow grease; then drive home sales by marketing your services to car dealers, rental fleet owners, and corporations.

Professional Organizer
If you’re got a knack for neatness, why not help the organizationally challenged? Messy closets, home offices and commercial offices alike could benefit from a more efficient setup. Put some order into others’ lives, and arrange yourself some pretty profits.

Tutoring
Thought your proficiency in high school algebra was all for naught? Think again: As a tutor, you could help others bone up on their studies. Whether it’s reading, writing or arithmetic, help your students reach the top of their class with a little experienced guidance and support.

Private Investigation
Blaze your own entrepreneurial trail while following others’ footsteps-literally. As a private investigator, make your mark in the industry by keeping a keen “eye” on other people’s activities. Clients include attorneys gathering evidence for a case, or individuals seeking information about a significant other.

 

Guen Sublette runs her writing-and-editing-services business from her home in Redondo Beach, California

Source :Young entrepreneurs

pictures : Google