How I Started a business with 6 million and lost it all in Less than 2 years. This is my story

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it is my journey on how I made big mistakes in a business I started and lessons learned along the way. join me as I share one of my lowest moments in life and hopefully you can learn something one or two.
I am Mianomuthii on all Social Media Platforms

[@SamuelMuraguri]

That interviewer was slow to understand and kept interfering the flow.

[@davidwalker2144]

4:35 dad gave him loan of 6M
5:30 loan processing calculations
7:30 got a house
8:17 about 5M
10:20 about may and cold
10:34 bout a lorry of 230k of 1M
12:42 fixing the lorry till june
13:45 650k
14:01 loan came June
14:35 where the problem started
17:13 A question shocking
17:52 funny payment loan.
18:20 estimated backfired
19:36 soda sales calculations
19:53 Question 1st problem
21:07 soda profit
21:25 soda crate has 24 profit is 50 bob
22:03 about soda monopoly
22:50 distribution pressure
24:08 about shelf life
25:55 about soda expired
27:03 about the contract
27:48 why business fail
28:44 about mother borrowed pickup issues
29:22 first day pick 4,500 issue
29:42 loss calculations
31:08 secret about coke
34:41 about the lorry trips

[@mianomuthii]

Wow nyce breakdown.. thanks bro 🙏

[@InkaAchando]

😂😂 twafanana kimpango on loan bussiness and flow out 🤣 nimecheka yangu yote

[@irene_peacewambui6987]

Aki biashara inataka roho...
When going through it inakaanga ni kama mapepo, ancestors and badluck are in cohorts
It's good we heal and laugh juu whue... it's not for the faint hearted

[@alexmundia1230]

When Dealing with Companies, YOU are the business. Wanakukula kabisa. Even Telkos are the same.

[@mianomuthii]

True learnt the hardway. Almost all franchise businesses are similar where the investor gets the most pain

[@lawrencemalika9687]

Interviewer please avoid the "okays" na "mmmhhhhs" si wewe story teller hapa we want to listen to his story not mhms and okays.

[@kahugumuiruri9057]

I think you now have a follower in me. Followed the channel from Dr. King'ori's interview. Your story here is what Kenyans were once saying, "kama video ni kama drama"... good lessons.. particularly on compliance, and trusting the process tuache tamaa... have watched several other videos... keep doing them, they are real.

[@mianomuthii]

Thanks 👍

[@stephenndirangu9925]

Huyo interviewer wako ako na panganga sana,he can't let you give the story in a good way...

[@mianomuthii]

Noted

[@jkmutea]

jacob(Interviewer) unaongea sana mpaka unaaribu story.. let the guy speak maze! Thanks for sharing bro

[@slack.]

For real! He was annoying AF!

[@alexmundia1230]

Kuna difference ya business na BUSYNESS.

[@mianomuthii]

,🤣🤣🤣

[@shelmithwairimumuthii1964]

😢😢

[@JohnMwangi-jv3pp]

Noma sana

[@Qaris82]

😂

[@office-gardener]

Thanks for sharing your experience with us! I ran a kiosk and it opened my eyes how razor thin margins are in some businesses.

[@mianomuthii]

Yea every coin matters

[@DMNJAGI]

The main mistake was that, it was not your biz idea. It was your dad's dream.
Parents please let your children make their own decisions.
Dads stop making every decision for your sons.
Thats why sometimes you see children from single mothers do good in life coz most of them have room to make their own decisions.
This is an opinion after many years of bonoko observations.

[@mianomuthii]

Great observation.,.

[@the254system]

May your dad rest in eternal peace. That's a great man you had for a dad. 👏na pole for your loss

[@mianomuthii]

Thanks 🙏

[@Sambabayao]

Very informative, but your interviewer is interrupting too much, hashikanishi

[@mianomuthii]

Sorry for that..we will do a better job next time

[@martinmuriuki6462]

Very poor interviewer

[@henryomondi6847]

I haven't finished watching this episode yet...but let me say it is torture listening to this story.

[@mianomuthii]

😂😂

[@Imuya324]

Inaitwa business

[@victorymedia-cw8tz]

apo kwa lorry joh!! alafu vyenye hiyo soda ili come ilishitua.

[@patricksarkozy1]

This is the content people need,it's educative

[@bethngugi9787]

May your dad rest in eternal peace. What a supportive parent. Thank you for sharing

[@AboveandBeyondAviation1]

Uko na baba mzuri aje??..anyway, your father did a huge mistake in entrusting you with all that money without any experience. Nice lessons though. Keep it up👏

[@loymio]

I've worked with an eabl keg distributer as the IT guy (SuperUser) and later as the Sales manager before quiting to become an IT freelancer. After stabilizing the guy was making at least 2M profit (mwezi wa baridi/mvua). But now he gave us stories of how he started off and his story is so similar to yours. His dad negotiated the deal for him and gave him starting capital lakini ile mateso alipitia karibu sana anyang'anywe contract ipewe mwingine. His dad had to come to his rescue for the 2nd time with 3 new lorries and some political kicks to the guy who wanted to take the dealership. apo ndo akaanza kustabilize. Biz ya Eabl ama Cocacola inaweza kuua na pressure,. Nice story telling bro!

[@mianomuthii]

Thanks 👍...Eehh plus Kuna stuff as a new person in the biz hunanga idea.. Siri ni investigate before investmenting

[@josephkinyua5745]

I am a witnesses hapo kwa agrovet ju tushawai fanya Biashara nawe ....Yu were a good man sijai ona ubaya wako....I salute Yu sir

[@mianomuthii]

Thanks 🙏 you really appreciate it

[@jacobmjakfu9587]

Noma sana!! Thank you for sharing your story. Lots of lessons here

[@mianomuthii]

Thanks bro

[@merilusymgore8079]

This is very informative and good content. Good job!
In addition....I encourage people to read contracts. Engage a lawyer to help you interpret and understand....especially the fine print...knowledge is power.
Kazi safi Miano.

[@mianomuthii]

True don't rush into anything without reading the fine print...and lawyers are people we need Sana Sana... Couldn't agree more

[@Jonn254]

Good insights. How I wish the interviewer would not interject too much. He's distorting the flow of the story.

[@EmmilyTiampati]

Waa! What an interesting and informative story Miano. I'm assuming your dad paid off the loan for you, ama?
Sorry for his loss.

[@marynganga3278]

Yes coke you are always slave with you own money nimefanya na coke kwanza when they want to start something new and it doesn't move in market you will buy by force I can remember when they brought zero sugar and it was almost to expire, I sold it at 10bob and I bought it wholesale price 27. Hasara tupu. They force you to buy what you don't want.

[@mianomuthii]

Waaah iza... same case for me...

[@wangui0011]

😮

[@ClaytonOmwanga]

Good lessons to others.

[@lucynmwangiusa]

Sasa? Just came across your channel. Thanks for this video. Following from Delaware 🇺🇸

[@victorymedia-cw8tz]

🤣🤣🤣 juu una cheka wasaha ata mimi ni cheke

[@wangui0011]

At least you can now laugh at your misfortunes. All the best in future

[@ChiefOtieno]

A good story narrator 😂

[@_born84]

Business ya FMCG huwanga tricky sana na inataka serious financial muscle

[@ericmumo1646]

Good content mkuu 💯💯 make sure you keep going

[@edwardcheruiyot6057]

My father lost almost 1 M in a depot business too

[@edwardcheruiyot6057]

Acha ni explain kidogo venye kulienda.
1 wrong order....... ulikuwa unaweka order .. according to venye we umeona demand but io order ikifika unapata wameweka totally opposite.... Sasa io order instead ya kuuza within one week inaenda one month
2 .sales representative akikuja depot anauza alaf hakurudishii dooh na crates anakushow aty utapata mbele alaf dooh aty itakuwa included in the next order
3.pressure from the company
4. Theft from workers
5 ni io expiry date

[@joseO12326]

I would better start a small business and grow money or borrow free donations to start money, LOAN ni shetani
Am surprised bro you can smile😢 you have a strong heart, pole sana

[@mianomuthii]

Hapo napo..shida ni nani atakupea pesa

[@aj-rb5id]

Excellent storytelling, hilarious, and important lessons. RIP, he was a legend

[@timothymutethia4681]

Wanaruona mwenyewe. Have leant something. The Beauty is,you are not the same as that time.

[@mianomuthii]

Yes 👍

[@obedmukabane3146]

Hey brother you are arock and You're still laughing as if nothing happened. Great man very inspiring challenge in business.

[@twakeru]

Thanks for sharing, very educative. I appreciate the fact that you are keeping strong. May your dad RIP.

[@patrickchoya8777]

I feel you buddy... Next time napitia hapo nakuletea glucose ulambe!😅😅 Wueh!!...

[@mianomuthii]

🤣🤣🥵🥵 Sawa sawa

[@CarolineNyawira-bg6df]

so educative hadi nimejua soda hukuwa na expiry... 😢 mi nlijua tu biz imeshika unaleta soda hadi sagana wuueh...machooos

[@mianomuthii]

🤣🤣 Sana tena sana

[@debrashee]

Woooow... What a story and the lessons learnt.

[@lewismurimi5702]

RIP Dad.. sorry for the loss . I've enjoyed the video.. very educative.
Thanks big Bro.. Meru Maua twawapenda sana

[@mianomuthii]

Thanks 🙏 appreciate it saana...

[@stevenadogo3774]

I have learnt a lot from this interview bro.

[@marynjenga7743]

Your Dad is an angel,what a good Dad.thanks for the lessons

[@Earthtrendstv]

The devil was actually overworking on your end bro. Wooooi 😢😢😢 this is so sad and am amazed that you can still laugh about it.
Am sorry. Very sorry Miano

[@frankmugo6093]

hahaha imagine kuzimwa na "read your contract!" must have been trying times. Hilarious and very educative show...bumped into u in the early days of hii biz ukiwa na tuktuk imejaa soda, didn't understand why u went out of biz so quickly...nimekuskia lol

[@deniswxyz]

Wow that business is inventory heavy. So you need a lot of cash flow or a line of credit. Research before start muhimu sana

[@MechanicalBuilds]

thanks for this hapo lorry ya 230k hahahah. Good Vibes and worth a watch.

[@mianomuthii]

Thanks 👍

[@dennismenace5174]

Thanks for the story, its so relatable..
I have a similar story only that yangu haikuwa pesa mob kama yako😂

[@mianomuthii]

🤣🤣🤣iza inaitwa Life

[@johnnyore9417]

Big up yourself for having the courage to tell your story, it's eye opening and I have learnt a lot. Keep up the good work.
Sorry for your loss your Dad must have loved and really wanted you to be financially free. So keep at it.

[@mianomuthii]

Thanks bro 🙏

[@salimmachila5736]

Waah pole sana but good experience to us

[@mianomuthii]

Yes 👍... Better to learn from other peoples failure than Urs... Very painful ukiipitia

[@albertmatu76]

Aaah buda you are a legend lazima nitakutembelea .....lakini apo kwa umenona ndio bado nimebaki

[@mianomuthii]

🙏.,🤣🤣

[@agnes6247]

Great insight. Cutting your losses was the best thing you did than watch it bleed for another 5 yrs.
Thanks for sharing

[@mianomuthii]

Thanks also

[@AvenueAdvancedSystems]

very informative, I've learnt a lot

[@the254system]

The most informative video, reality..wow. then you are open about what many don't dare say. Thank you and here is your new sub

[@findinglela]

Yes, Mumbi. He reveals the most useful information. Rare

[@mikeosiemo9721]

I've learnt a lot from your TH-cam videos. Thank you.

[@InkaAchando]

Thanks for sharing you’ve gave me laughter 😂 Very LOL . We are smiller on mind set .. also You’ve taught me few things and Tactiques .. you had a great dad I wish I could have such a family. Pole sana for your loss he is your Angel above .

[@mianomuthii]

Thanks Sana appreciate it very much ☺️😊

[@Imuya324]

Huyo beshte yako pia 😂😂 noma. But am happy you mentioned rentals that what disturbing my mind.

[@mianomuthii]

How can I be of help

[@shelmithwairimumuthii1964]

Life

[@qwertyscript-e9w]

Hi Story ungeambia Mkurugenzi🤣

[@viannemiano9659]

Hi very informative channel... .following your videos..btw namesake..

[@mianomuthii]

Thanks 😊

[@sirbobdennis]

Hauna picha ya hio ka lorry😂😂😂

[@mianomuthii]

@emotional damage @🤣🤣🤣

[@Madoidomadoido]

Very informative video!

[@mianomuthii]

Thanks 🙏

[@enginerdstudioskenya3591]

i loved the way you helped in our conversation

[@mianomuthii]

Welcome bro

[@yamilesd381]

Amazing!!!! This content is a gem. More than insights and education. Kep up! Thank you

[@brianfury254]

Huyu na mimi tunaeza kaa chini🤣. I have failed in so many businesses we wacha tu🤣

[@loisewanyumu816]

Good lesson for many

[@edwinkorongo4936]

Umenibamba miano!😂😂😂😂😂

[@benmulama128]

Good stuff right there, keep it up Miano

[@thedaveiknow.]

Interviewer disrupting the story.

[@itskaharadavesnr]

It is a good experience story but am still struggling to understand how the 6m was all lost. Wish the story was better structured, the interviewer interjected too many times where it was not necessary. Out of the 6m surely something was salvaged... But clearly the sold land was gone!

[@mianomuthii]

Lost land, at the end I had loan arrears of 2.4million and all the revenue lost on the house I was using... Cumulatively almost 5-6 m... Title took from the initial money I had in the bank day 1

[@charlesloto1091]

I went into bread supply business it's has the same challenge,the margins are so small that it's practically impossible for the business to work

[@mianomuthii]

Very true...

[@slack.]

The interviewer is annoying AF. Please don’t use him again. He made the interview his story plus unnecessary interruption 🤦🏾‍♂️
Anyways my take away advice is, the BEST way to do business research in by doing the business ata kama you’ll be employed for a month and do it.

[@mianomuthii]

We were both new to this ... Nway sorry for that

[@mettamminds]

aki nimecheka nikaanguka

[@kenyanlivingabroad]

hello Miano there was every wrong with the investment not only u doing a god reasearch but the company flawed on busness ethics

[@lucymaina4649]

very informative. I remember you used to make pizzas

[@mianomuthii]

Hustle lazima 🤣

[@namwanoeunice4180]

You were a slave to coca cola company 🙄🤔🤔🤔not money lenders. Thanks for sharing umenifungua macho I was hoping to distribute drinks but hiii imenimaliza waah😱

[@mianomuthii]

You can but lazima uwe mjamja

[@mianomuthii]

Ad open your eyes sana

[@wangui0011]

Slavery to a franchise…pole

[@justinekenyansa]

Am here from Kingori's interview... Wueeh! this is a full series...

[@mianomuthii]

Thanks 🙏

[@evelyneofwona4717]

Wow! I have learnt a lot

[@laeneiy3764]

waah pole bro

[@thenotemployedtrader]

Great insights being the first generation in your family in the field you are bound to struggle its the cost we have to pay to learn

[@mianomuthii]

Yeah

[@henrymuiruri813]

Manze, you end up learning everything from scratch.

[@ClaytonOmwanga]

I agree with you 🙏

[@OliveRhoda]

Waah , this life ..., 😢

[@swthedj254]

WUEH!

[@KyanUganda-yh5bc]

Pressure ndo motivation 😂😂😂😂 weeh

[@isaackinyili6294]

thank you for sharing.

[@peterkamau7608]

In America no distillery can supply the distributor with expiring or expired products. Take them to court.

[@mianomuthii]

cost for court and time, and how bad our justice system works is a thing i wouldnt want to take part iin

[@ClaytonOmwanga]

I would like to watch this but the interviewer's interruption 😢

[@mianomuthii]

So sorry 😐

[@jonnesmwangi3250]

This is very informative! Good stuff

[@muasemuase8849]

Miamo thank God you r healed n can laugh at yourself the Story can go directly to Churchill show 😂or WICKED EDITION

[@mianomuthii]

Hizo prayers si mbaya

[@mianomuthii]

Thanks 😊

[@muasemuase8849]

​@@mianomuthii Iam happy to see you at WICKED EDITION ,my prophesy from nowhere comes true so quickly.God bless you

[@martinotieno1594]

Waah !!

[@justuswaweru1703]

thanks soo much for this information

[@Motiv_Kenya]

Hehe Kagio kalini gonga ka saving kangu ka campus pia😂

[@mianomuthii]

Iza

[@3rdworldwonder585]

Kwa hisani yako, sitawahi kunywa soda tena wah

[@mianomuthii]

😂😂

[@salestenjoroge9673]

Hi bro kindly discuss about sacco loans,interest benefits,do's & don'ts

[@mianomuthii]

Okay

[@ericmumo1646]

I want to know about this too...

[@tinaankaradesigns254]

coca cola is scan; the house always win

[@mianomuthii]

Very true 🤣

[@I_Matheri]

Wah! hapa coke wakufira

[@peterkamau7608]

Our hosts or interviewers need to be professional. U laughing too much nd interruption pia.

[@nancymwangi5352]

This is a good story but unfortunately we are getting lost because the interviewer is interrupting so much..I believe you have moved on...

[@Gisura]

Wuee, hiyo story imenikumbusha yangu fulani. Pole lakini.

[@mianomuthii]

Thanks 🙏

[@arochophilemon8513]

😂😂😂 you are funny in pain...naisha...

[@davidkinyuah1042]

1st mistake:
Zero research and didnt start small.

[@mianomuthii]

Yeah.. but they don't give u time plus you can not start small on this business

[@lewismurimi5702]

sorry bro.. lesson learnt