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5 Profitable Businesses You Can Reap Big From Right After College

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To most of us, college life is usually the best phase of life it comes with ample freedom. College is meant to be a stepping stone into the real life. Unfortunately many of us are too engaged with this life that we forget to ready ourselves for the life after campus. We forget that soon, we shall no longer receive the HELB. We ought to be ready to transition to life after college. So let us get our aerials raised as we venture into this.

What we are taught in school is vital. Often times there are business units no matter which course you are pursuing, in most colleges these are placed under the Entrepreneurship unit common to all students in campus.

As a graduate or if you are still in college, the transition is not as tough as most people perceive it. While in school, get to learn what is lacking in the market and what people are in need of and give them that. That is called identifying business gaps and converting them into profitable ventures.

For instance, there is a craze of everyone striving to keep healthy. Everyone wants to look fit and be in good shape. If you have a passion for cooking, you can always supply healthy foods to clients at their doorsteps.

Arrowroots (nduma) and sweet potatoes (ngwaci) are selling like hot cake. Try supplying them, ready and cooked to offices or homes. In one week’s time you will get multiple orders.

The profits are captivating. You get to buy 6 sweet potatoes at Ksh 100 and sell one at Ksh. 30 or 40. That means in six, you make Ksh. 240. A whooping Ksh. 140 in profits. How great is that? Good thing for this business you will need less than Ksh. 1000 starting capital.

Another amazing venture is the mitumba business. This one you can even do it right in college. I had friends who would do this and they would make good money. You go to gikomba, buy ladies’ clothes say dresses, tops, trousers, handbags and then you get to sell them. For instance you buy a top at Ksh.20 or 30, sell it at Ksh. 150 or Ksh 200.  The profits are unimaginable! Ksh. 170 in profit! How about a dress? You buy one at Ksh. 100 and sell it at Ksh. 300. This now gets really enticing! With your Ksh. 2000, you are definitely good to go.

Another ideal business would be pottery; this would demand passion for molding. All you need is a workshop, where you can mold soil, mix it with water, give it a shape, let it settle for some few days and then sell it out. How about you sell it to tourists or people who store ashes in pots? Do you see the fortune? You can even get market from abroad once you get a recommendation.

Another profitable venture is cereals selling business. Get to buy rice in bulk, beans or ndengu. You can start small and then grow to supplying to wholesalers. This business is good because these are commodities that are a must have for every household and they are not perishable. They also come with irresistible profits.

Are you good at public speaking and the forums that come with it? You can moderate events and get paid really well. The likes of Johnson Mwakazi get a livelihood through this. You also can be the next Mwakazi.

Just do not sit and complain that there are no jobs. Create the jobs, you have been in school and acquired knowledge. It is high time you used the knowledge to benefit yourself and the society at large.

I believe that there’s so much more God has impacted in us. We just need to get out of our comfort zones and acknowledge that we can be so much. Let us not limit ourselves. After all, everyone was created uniquely. Let us all absorb that uniqueness.

Arise young people, Arise Kenya and Africa at large! Let us change the world with the knowledge we have acquired. At times we may need a little push, and well, that is okay. But the greatest push and enemy is from within.

Coming from college, first of all you are educated. You know how to handle pressure, customers and finances. You are smart! You passed through school and attained knowledge. Now use it!

Graduates, I hope we all come out of the cacoon of ‘no employment’ and then live miserable lives just because someone does not think you are qualified enough. Start small and watch yourself grow.

If you think you have what it takes, Take up your mat and walk!

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Business

5-Step Guide to Achieving Effective Communication for Business leaders

Kimani Patrick

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As an entrepreneur, communication is a very important facet if you are going to grow your personal brand and grow your business to the next level

For you, is not just about exchanging information, it’s about understanding the emotions and intentions behind the information you relay and receive.

Effective communication is also a two-way street. It is not only how you convey a message so that it is received and understood by someone in exactly the way you intended, it is also how you listen to gain the full meaning of what’s being said and to make the other person feel heard and understood.

Apart from building trust, being an effective communicator means that your team can rely on you. You will build stronger relationships, employees will adopt your ideas, and you will reduce breakdowns as well as get more results for your business.

Being an effective communicator will also help you to understand other people better and when you understand them, you will relate to them in a meaningful way.

While you already know how to communicate, learning a few simple principles that can be applied immediately will make you an effective communicator and give you a huge advantage in today’s ultracompetitive business world.

Step 1: Be Friendly

When someone steps into your office to say hello, step out from behind your desk to shake his or her hand.

During a networking event or coffee break, don’t hold your beverage in a way that blocks your body or distances you from others. The higher you hold your coffee, the more of a physical barrier you put up between yourself and the person you’re talking to. Hold it closer to your waist, that way you will seem open and engaged.

Step 2: Keep Your Word

Doing what you say you will do when you say you will do it is the highest attainable level of disciple. When you promise someone something make sure you deliver within the agreed upon timeframe. If you are not able to meet your promise, communicate it in good time so that the other party can prepare for an alternative to avoid inconveniences.

Being disciplined in keeping your word communicates to people that you are a reliable and trustworthy person. This will help them want to keep you close and conduct business with you.

This also extends further to building your positive reputation and people will find it easy to recommend you whenever an opportunity shows up.

Step 3: Be Clear and Never Assume Anything

Assumptions are a major problem in communication, whether they are self-fulfilled assumptions or merely assuming that others see things in the exact same way that you do.

Never assume – the fact of the matter is that most people do not see things the way you do, nor do they have the same feelings as you do. The less you assume, the better. This falls in the category of making your communication is always clear.

Step 4: Be Authoritative

Even if you are friendly and down to earth, your relaxed attitude should never overshadow the fact that you are in control. When you are introduced to someone, stand tall, extend your hand, and introduce yourself by saying your name and what you do.

To sound authoritative, speak in a normal, conversational tone. And if you are a female, watch that your voice doesn’t rise at the end of a sentence as if you are asking a question or seeking approval.

When stating your opinion, use the authoritative arc, in which your voice starts on one note, rises in pitch through the sentence and drops back down at the end.

Step 5: Learn How to Talk Business

If you are trying to get someone to open up then try using open-ended questions rather than yes or no interrogations. When reviewing your own tactful, analyze how you approach people. Do you bully them with close ended questions or do you ask them in a positive manner how the both of you can make necessary changes to get a project, for example, moving more efficiently.

The more effective you can be with you communication the more successful you will be – personally and professionally.

Have more ideas on effective communication? Share them in the comments’ section below.

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Africa

5 Murdered in South Africa as MTN, MultiChoice and Shoprite shut Branches in Nigeria amid Protests

News Team

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Five people, all foreign nationals, have been killed in the ongoing Xenophobic violence and protests in South Africa.

The violence which erupted late last week has seen businesses owned by citizens from other African countries looted, property damaged and truck drivers from neighboring countries being targeted and torched in the violent attacks.

South Africa – Pretoria – 29 August 2019 – Calm restored in the Pretoria CBD following burning of foreign owned shops. Photo: Africa News Agency / ANA

In a retaliatory move, Nigerian protesters took to the streets of Lagos on Tuesday evening to vent their anger by throwing stones and destroyed properties owned by SA brands such as MTN, Shoprite and MultiChoice.

Dozens of shoppers descended on Novare Shoprite Mall in Lekki, near Lagos, Nigeria and looted goods of unknown value while torching a police truck. Several other SA owned stores including PEP, MTN were looted and property destroyed in Surulere and Jakande.

Following the protests, South African television group MultiChoice has shut its offices and branches in Nigeria and Zambia, “We have had to shut branches and offices to safeguard customers and staff until further notices,” said its head of corporate affairs Jabavu Heshu on a statement on Wednesday morning.

On its case, MTN Group said it had closed its stores and service centers in Nigeria “as a precaution” after four stores in Nigeria were attacked on Tuesday evening. Sources indicate that the company also closed several stores in Johannesburg. The company, in a statement condemned the acts of violence.

Shoprite Holdings said in a statement on Wednesday that several stores in South Africa, Nigeria and Zambia were closed and extensive damage had been done to several supermarkets over the past 24 hours.

“(Shoprite) is highly concerned about the acts of xenophobic violence against foreign nationals that sporadically flare up and the resultant rhetoric of intolerance that is levelled against foreigners and the platform this creates for criminals to exploit this,” the company said in a statement.

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Business

Go For Gold: Lessons From Chris Kirubi

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As an entrepreneur, you have to pursue and attempt to achieve the very best possible outcome or reward from the same activity, task or endeavor. Below is advice transcribed from a few of Chris Kirubi’s #AskKirubi show.

Gold is very symbolic to mean the fine things in life. You don’t find gold all around you, but you find at least somewhere close to you. Very scarce indeed. Does that mean it is not meant for everyone? It’s all in your mind. Reach out for the best possible solutions. Reach out for the biggest venture. Reach out for the biggest investment.

Gold is a great reward. Great things don’t come easy. You will struggle to get to it, but the fruits will be there. To be the best, you have to effect change. Don’t be afraid to effect the change. Within our comfort zones, we as entrepreneurs might feel like we have actually achieved it all. When that feeling crosses your mind, that’s when you need to move and effect change. Change is the only constant thing in the world.

Don’t say you can’t move. When you get that mindset, you will be poor. The worst thing you should avoid is being poor in the mind. Do not conform your mind to weak struggles. Conform your mind with strong struggles such that you will put more effort in your deeds. Challenge yourself and out great effort into that. Then expect great rewards.

Arm yourself with knowledge. Knowledge should be your weapon whenever you want to attack and get huge profit margins. Be hungry for knowledge and do not shy away from wanting to know more.

Go for quality. Quality begins with you. Be quality. Don’t be shady. How you look, is how you act. From what and how you dress, to how you carry yourself and interact. Look quality. Talk quality and expect nothing less of quality anywhere you venture into. When you are quality, you will definitely attract quality.

Build your own stature. No matter how difficult it may seem. It will cost you but it will be worth it. Do what you will be proud of. Quality will definitely make you a proud person.

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