Jeff Bezos – The Brains Behind Amazon
“Our vision is to be the world’s most consumer-centric company, where customers can come to find anything they want to buy online.”-Jeff Bezos In 1994, Jeff Bezos was already what many would consider extremely successful. The youngest-ever senior vice president at Wall Street investment…
Budget Friendly Valentine’s Day Ideas
Most of us are still recovering from the financially difficult month of January and the mere thought of having to spend money on Valentine’s Day is an absolute pain in the neck. However, expressing love through a gift doesn’t have to come in the form of overpriced roses…
Russell Simmons – Hip-Hopreneur
“My goal has been to present urban culture in its most true form to the people who love it and the people who live it.”-Russell Simmons Russell Simmons didn’t invent rap. But he did play a leading role in the music’s astonishing success. Like Motown Records…
The 5 Values Mark Zuckerberg Built Facebook On
In Facebook’s SEC filing there was a letter written by Mark Zuckerberg talking about the company. In that letter he outlined the 5 core values he built Facebook on, and plans to continue focusing on, as the company goes public. All 5 of these values can be taken…
How Much it Costs to Become President
With this year being an election year, both here and in the US, the local bars and rumour mills are rife with big numbers being bandied as to what the candidates will be spending. Unfortunately, unlike in the US, where the candidates are expected to declare what their…
CBK retains Central Bank Rate at 18%
The Central Bank of Kenya has decided to keep the central bank rate unchanged at 18% for the 2nd month running. In a press release following the meeting of the Monetary Policy Committee today, the Governor highlighted that the inflation rate had dropped from 18.93% in…
22Seven: South Africa’s own Mint.com & Money Munk
Last week saw the launch of 22Seven.com, a website that links with banks and allows the site’s users to track their expenses and see how, and where, they spend their money. The site, structured like America and Canada’s mint.com,…
What I Wish I'd Known at 22
As I was going through my Google Reader account this morning, I came across this interesting post by Under 30 CEO on 8 Things I Wish I Knew I knew When I was 22, and it got me thinking: I recently turned 23 and…
When friends and work just don't mix
FORTUNE — When David Bakke was looking to move from restaurant management into finance, he immediately thought to contact a friend who worked at a mortgage-lending firm in Tampa. Based on the friend’s recommendation, Bakke was hired for a financial analyst position at the company. Then things turned sour. The…
Ray Kroc: The Man Behind The Success of McDonald's Corp.
“The definition of salesmanship is the gentle art of letting the customer have it your way.”-Ray Kroc When Ray Kroc was a child, his father took him to a phrenologist-a practitioner who claimed he could predict the future by reading the bumps on a person’s head. Kroc’s chart revealed that…
Entrepreneurs Too Need Counselling On Business Loss
A year ago, Shirley Jepkosgei ran a successful clothing and beauty business to supplement her salary from a non-governmental organisation in Nairobi. Her business was worth more than Sh1.1 million and she says she often earned about Sh100,000 monthly from the venture. Since its launch in 2007, her business had…
Crowdsourcing Financial Information : Part 1
I, like all, Kenyans, love a bargain. I look at prices everywhere I go, not because I plan to buy anything, but because I have to know where the cheapest things can be found. Bargain hunting isn’t just about consumer items. I look for the best price in services as…
From start-up to sustainable business
No entrepreneur or businessperson starts a business with the aim of running it for a year or two and then being shut down because it cannot function. Businesspeople start businesses to make money, because they’ve spotted a gap in the market and have had the opportunity to take it. But…
Manage Your Money Better
Managing your finances can be very challenging; you may fail over and over and in turn sink into a depression. Why is this the case, why do most of us constantly fail at managing our money? Well, the answer is quite simple: we are never trained on how to be…
Making a business out of recruitment agencies in the DRC
Applying for jobs is a daunting process so Patricia Gieskes seized this opportunity and has introduced a successful women-run recruitment agency in the DRC, giving job seekers a competitive edge in the marketplace. Most people looking for jobs send out their CVs and apply in person. In the Democratic Republic…
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