Thank you for your support by helping us create more educational and inspirational content. MPESA TILL (BUY GOODS) - 162177 PAYPAL - mumojaymes@@t SEND WAVE - (+254) 0112 766 596
It's next to impossible to start a car wash in the areas you just suggested with 200k The rent at a petrol station for a good space is usually 100k and above Then you have other costs like drainage, permits, water ,electricity, flood lights to use at night and most importantly water pressure pumps which might cost 200k or above Now don't forget you are probably going to make a loss during the first months as you are building up your customer base, so you'll need extra cash to keep you moving during this loss
Omar, thanks for your input. I am sure you can pick what works and make it work if you wanted. Business is all about risk. I am sure there are those who have started a carwash with far less and made it work.
Thanks alot..new to ths channel .love everthng about ur contents.soon i'm gona be backing hme frm Qatar.. God willng..hoping to start a bussiness this wht i really needed..thnx
the main problem we are facing today is the lack of space. even to get a let in office usually require connection otherwise they wont even give u space to practice your business
New subbie.😊 I have just discovered your channel and I'm really grateful 🙏.. 2021 I'm trying to figure out what to do as I feel tired of being employed.
@@mumo Sure. I will be literally watching your channel like series, that's anytime that I'm free. Thanks much for sharing your thoughts and knowledge with us.
Ibora, sorry to hear about that. I hope that you will be able to bounce back,bigger and better. Also, try and open another business alongside the MPESA business.
@@mumo Thanks for the encouragement. I started another one, provision of translation services online which has been doing good. I have saved about 800k which am unsure how to invest, any solid ideas?
@@RickyChemnjor Hi there, do you have training in translation and linguistics, this is a highly specialized field that needs the right kind of training in order to excel.
Mumo, aren’t these already a practiced business and the margins are too very low ? Can you advice on business which can have a minimum of 50% returns or more profit ! Eg: saloon will have ticket size if 250 - 500 shillings, Whereas spa will be priced 3500-7000 shillings ! Here spa generates higher returns with less consumers .
To each his own Venka. From the 250 if you get 20 customers and the spa gets one customer, you make much more profit. Plus, salons and barber shops are not as cheap as u may think. Haircuts go for even 1000 or more. Salons are much more lucrative. It depends with your marketing.
Thank you for your support by helping us create more educational and inspirational content.
MPESA TILL (BUY GOODS) - 162177
PAYPAL - mumojaymes@@t
SEND WAVE - (+254) 0112 766 596
@@mumo I have
It's next to impossible to start a car wash in the areas you just suggested with 200k
The rent at a petrol station for a good space is usually 100k and above
Then you have other costs like drainage, permits, water ,electricity, flood lights to use at night and most importantly water pressure pumps which might cost 200k or above
Now don't forget you are probably going to make a loss during the first months as you are building up your customer base, so you'll need extra cash to keep you moving during this loss
Omar, thanks for your input. I am sure you can pick what works and make it work if you wanted. Business is all about risk. I am sure there are those who have started a carwash with far less and made it work.
Thanks for the information ❤
No problem 👍
Thanx you 💪💪
Thanks Mugen
If you can get land (even on lease), agribusiness is a rewarding opportunity, but please Mumo can you plz explain about academic writing?
Thankyou soo much ...I honestly love you’re channel❤️
Thanks Daisy.
Wow am interested in this channel sir,,thanks
Welcome aboard 👍
If you have KES 100,000 , then these business ideas can make you good money: th-cam.com/video/oC5iz8CTKSo/w-d-xo.html
Hello Mumo,
How can I reach you privately please. I really need your advice
Thanks alot..new to ths channel .love everthng about ur contents.soon i'm gona be backing hme frm Qatar.. God willng..hoping to start a bussiness this wht i really needed..thnx
I hope you succeed am also in Qatar thinking about coming home
the main problem we are facing today is the lack of space. even to get a let in office usually require connection otherwise they wont even give u space to practice your business
Do you think Uber is a good idea..as in investing in Uber?
Watch this video. th-cam.com/video/eaIHdA4wj0o/w-d-xo.html I deal with this question.
if you only will drive your car !!!!! siongezi kitu !!!!
Eeiiiiish I have just seen myself doing big bizna already 🙏💪I love this already
All the very best as you get started in business.
New subbie.😊 I have just discovered your channel and I'm really grateful 🙏.. 2021 I'm trying to figure out what to do as I feel tired of being employed.
I'm sure you will get some good info on the Channel
@@mumo Sure. I will be literally watching your channel like series, that's anytime that I'm free. Thanks much for sharing your thoughts and knowledge with us.
I have half a mil and am 22 bt am confused wat to invest in😩
I would advise to visit a financial consultant on this.
Did you succeed?
Thankyou so much , I'm new to your channel . Just watched 3 of them and I like your contents and your good way of explaining. I recommend your channel
Awesome, thank you!
Thanks bro 👍
how can i start whole sale mobile shop
Na unapenda kamakis sana uko sure sijai kuuzia mguu ya mbuzi hapo scarlet lounge
thanks for your ideas
What business can do in 2million Ugandan shillings??? Please help🙏
Carol, please take time and look at the videos on the Channel. I am sure one would be good for u
@@mumo OK thanks so much🙏💞 we do appreciate for everything😍
Thanks sir
Welcome
Thank you I needed this today.
You are welcome Munyua
From Lynn show...u are blessed to have such kind of parents 😊
Thanks, Angy. God bless.
I did mpesa biz for several months in a densely populated area in Nairobi, margins are just too low. Closed it.
Ibora, sorry to hear about that. I hope that you will be able to bounce back,bigger and better. Also, try and open another business alongside the MPESA business.
@@mumo Thanks for the encouragement. I started another one, provision of translation services online which has been doing good. I have saved about 800k which am unsure how to invest, any solid ideas?
You can book a consultation session with me on email at mumowambua@zohomail.com and we can walk through the process.
@@iboraheights3142 hello bro how can I learn online translation biz?thanks
@@RickyChemnjor Hi there, do you have training in translation and linguistics, this is a highly specialized field that needs the right kind of training in order to excel.
Getting that 200,000/- Is the problem
@@brucemoma7734 exactly
Your insights are always on-point.
Grateful for the support @Salammy
@@mumo You are most welcome. I look forward to hosting you on my channel one day I'd that's okay with you.
@@TheSalvationCreek Sure thing. I am always looking for such opportunities.
@@mumo Thanks, we'll arrange for that.
Thanks. Very nice. Very workable businesses in many town.
Yes they are!
Thank you man💪🏻
No problem 👍
hello,hehe
What about 50,000
You can watch the video here Edwin: th-cam.com/video/2mgX4iD4i1s/w-d-xo.html
Good advise l love it
Well
How about club sir...
What of the milk Atm
It’s a good biz too
Mumo, aren’t these already a practiced business and the margins are too very low ? Can you advice on business which can have a minimum of 50% returns or more profit !
Eg: saloon will have ticket size if 250 - 500 shillings, Whereas spa will be priced 3500-7000 shillings ! Here spa generates higher returns with less consumers .
To each his own Venka. From the 250 if you get 20 customers and the spa gets one customer, you make much more profit. Plus, salons and barber shops are not as cheap as u may think. Haircuts go for even 1000 or more. Salons are much more lucrative. It depends with your marketing.
Hi Mumo, I need to reason with you as I plan to venture into the unknown. Nipe email yako.