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…
Visionary Entrepreneurs: Oprah Winfrey
Oprah Winfrey Founder of Harpo Productions Inc. Founded: 1986 “I don’t think of myself as a poor, deprived ghetto girl who made good. I think of myself as somebody who from an early age knew she was responsible for herself-and I had to make good.”-Oprah Winfrey Oprah Winfrey…
Why Joining a Startup Incubators is Better Than Joining a Business School
Let’s get this straight: If you want to work at Goldman Sachs, McKinsey or General Electric, an MBA is a handy scrap of paper. But if you’d prefer to bypass the corporate ladder and actually build something of your own, spending upwards of 1 Million Kshs and two years without…
Manage Your Money College: six lessons in the self-study course Manage Your Money
The only way to gain financial independence and live a debt free life is through effectively managing your money. Every Tuesday for the next 6 weeks we’ll explore through 6 lessons in the self study course Manage your money that will give you a better methods of managing your money.
Milking it in Nairobi: The Emma Ng'ang'a Success Story
Emma Nganga used to work in the corporate world. She used to suit up every day and head into Nairobi’s business district where she was a PR associate and represented large enterprises in multi-million dollar deals. You wouldn’t know that by looking at her now – she wears gumboots and…
7 Free Household Budget Spreadsheets
Whether you’re venturing out on your own for the first time or just realizing you need to get your personal finances under control, one thing is certain – you need to budget. If you are trying to create a personal budget, a good place to start is from our 10…
Kenyans and Money
Kenyan’s and Money I love Kenyans and I love being Kenyan, we are hard working, toiling for between 8 to 12 hours a day or even longer, looking for cash. The average Kenyan will start hustling at an early age. Wafula who just completed his high school education in Western…
How and Why to Start an Emergency Fund
“Pay off your debt.” “Pay your taxes.” “Buy a house.” “Get a new job.” Personal finance advisers bombard us with a litany of things we ought to do in order to achieve financial independence. It’s overwhelming. Where’s a person to start? Most personal finance books agree: the first thing you…
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