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How To Become A Contributor for Inversk

You do not have to be an entrepreneur for you to write for Inversk Magazine. You can be somebody who has worked for a big company.

Kimani Patrick

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Over the last couple of months, Inversk has grown to be a powerhouse community of entrepreneurs who read our business content on a daily basis. So far Inversk is Kenya’s fastest growing business magazine and our blog is the premier source of actionable business content for entrepreneurs.

As a result, we receive requests asking how one can become a contributor to Inversk and our bi-monthly magazine. So I’ve decided to write a post with information and guidelines that I could send to people.

One reason you may want to become a contributor at Inversk is to position yourself as an authority over your area of specialization, to boost your credibility as an entrepreneur as well as impact other entrepreneurs positively through sharing your knowledge with them.

If you want to speak directly to an audience of committed and curious entrepreneurs or wantprenuers, Inversk is the place. Also, it is good to note that we do not pay contributors for both our magazine or blog.

Please note that being a contributor at Inversk does not offer you an opportunity to promote your business. The platform only provides you the opportunity to put forward your best advice and help readers accomplish their goals. Our readers always come first. If you want to use the platform to promote your business that is not the proper way.

First and foremost, you do not have to be an entrepreneur for you to blog at Inversk. You can be somebody who has worked for a big company.

We are more interested in ideas and the way you present your ideas. You don’t have to have your own business to write for us but you do need to have expertise in the area you’re writing about. We are looking for subject expertise and personality which is very important as well.

What to write: At Inversk, we strive to share actionable advice on how to build a business. Pieces about starting businesses, growing businesses, ideas, productivity, small business, leadership, technology, management, customer service, Finance, and entrepreneurship resonates well with our audience.

We recommend writing actionable advise/tips that our readers can put to use right away. The advice should be clear enough for a reader to put into action. The best tips are often ideas our readers haven’t seen before but offer them a new solution to a common problem. Consider your personal experience. What problems have you overcome? What unique perspectives can you bring? Tell that story.

The ideal length for your article should be between 800 and 1,500 words for online content and between 400 to 2,000 for magazine content. This content must not have been previously published on any site or publication. The content must be original and exclusive to Inversk. We will reject any content already published on other sites or in print and further blacklist your from submitting any content to us.

The steps to take;

  1. Read our site, and get familiar with the content we share. Search the site for what you’re writing on, see what’s already been written and find your own unique angle.
  2. Come up with a great idea.
    It should be within your area of interest or expertise. We want you to write something that you would want to read yourself.
  3. Pitch to us
    Send our editor a proposal – not a full article. Our Editorial email is: kimani@inversk.co.ke. Keep it brief: a tentative headline; two or three sentences explaining what your articles will be about; and one sentence saying why you are qualified to write them.

Based on this proposal we will let you know within three business days whether to start submitting your articles. If you do not hear from us in that time, please assume that we will not be able to publish your submissions; you should then feel free to offer them elsewhere.

If you qualify to be a contributor

Submit completed articles.
Please don’t send us rough drafts and ask our editors to critique or tell you whether you are on the right track. Attach your article as a Microsoft word document and send it via mail.

What happens next?

Our editor will acknowledge receipt of your article the same day, and let you know whether it has been accepted for publication.

If it is, our editors reserve the right to edit the article at their discretion, including changes in the text, subheads and headline, to improve readability and maximize web traffic.

After that we will request you to send us your brief bio. This means: your name; the name of your company (with a link to your website); and your social media links.

We will then create an author’s account on our site and send you login details to start contributing at Inversk as well as the magazine.

How often should a contributor write? There is no magic formula or number. It depends on what you’re writing about and what message you want to send to readers. We have contributors who write twice a week, weekly, every other week and monthly. If you’re writing about a niche topic it’s probably best to scale back.

Entrepreneur. Group CEO for The Carlstic Group | Magazine Publisher (@readinversk), Copywriter & Unpublished Author. Into = 🎤📃🚵‍ #ReadInversk

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Kenya Today

Fuel Price Soar in the Latest EPRA Review

Kevins Jerameel

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Energy and Petroleum Regulatory Authority (EPRA) has hiked the fuel prices for one month of November through December. In a statement signed by EPRA Director General Pavel Oimoke on Thursday, a litre of petrol in Nairobi will now cost Sh 110.59 an increase if SG 2.54 while a litre of diesel has risen by Sh 2.65 to retail at Sh 104.61.

Households using kerosene are the hardest hit, in the latest review, kerosene consumers part with Sh 2.98 more for a liter that will cost Sh 104.06.

Kenya’s inflation increased to 5.7% in the month of September from 4.04% the previous month due to increased taxes on petroleum products.

The rate is the highest in 12 months, an indication that the impact of VAT on fuel is sieving into the economy. The price increase which took effect from Thursday night will remain in force till the midnight of December 14.

The rise in fuel proves is attributed to an increase in the landing cost for super petrol by 0.86% from Sh 4,593 per cubic meter last September to Sh 4632 per cubic meter last month while that of diesel increased by 2.08% from Sh 4919 per cubic meter to Sh 4999 cubic meter.

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Markets

Auctions Jump as Mortgage Defaults Hits sh38 Billion

Georgina Korir

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Default on mortgages jumped 41 percent to Sh38 billion, pointing to widespread distress in the real estate as it is experiencing a slump growth and property auctions pick up.

Latest real estate data from the Central Bank of Kenya (CBK) shows that mortgages shows the industry experienced the biggest hike in non-performing loans (NPLs). Unpaid mortgages increased by Ksh11.2 billion or 41.1 percent, manufacturing by 19 percent, traders by four per cent and personal loans by six percent.

According to the report, 16.9 percent of the Ksh224.8 billion gross loans extended as mortgages were not being serviced at the end of December 2018, up from 12.2 percent in 2017.

“The ratios were above the industry gross NPLs to gross loans ratio of 12.7 percent in December 2018. Deterioration in asset quality was mainly attributed to among other factors; subdued business activities, delayed payments from public and private entities and low uptake of housing and commercial units,” CBK noted.

The real estate industry was dotted with auctions, as the most people who had taken loans on the strength of their pay slips to buy property failed to service them in 2018 and 2019, following the NPLs.

Attributing to a dying economy, which has seen several companies shut, there have been a lot of job cuts in Kenya.

At least 78,400 new formal jobs were created in the economy in 2018 compared to 114,400 in 2017 this, According to the Economic Survey 2019.

Following the interest rate cap which was repealed last week, the banks have also been reluctant to offer loans to individuals and SMEs who are first time borrowers.

As a result, compared with a growth of 23.9 percent in 2015, there was minimal growth in mortgage growth of 0.7 percent last year.

CBK said, “This could be attributed to banks’ review of mortgage terms to offer mortgage loans on increasing credit risk in the real estate sector,”

It is reported that more auctions linked to mortgage defaults were conducted in 2018 compared to 2017.

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Features

Understanding Art Piece Collection Value In The Market

Dennis Kamau

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You probably have had a trigger of suspense when art is mentioned either in the movies and you wonder how to value them? Well there are a number of factors to consider when valuing an art piece.

Unknown to individuals when it comes to art, is the value that art piece carries on matters concerning the monetary value. The most important factor when valuing an art piece is the artist of the work.

A piece of work that has been produced frequently by an artist will have a high monetary value than an art piece done by a new artist. Also, works that was produced as old art collections have a quite good impression as they tell a story of occurrence of that season and whether it represents their work.

Subject of work may narrow or broaden the market of buyers as more private buyers are purchasing art directly from the artist (primary market). Certain subjects always attract more clientele than others. Like an art piece of a beautiful lady will sell better or the big five animals than a portrait of an old man.

Subjectivity of work is not a factor that is independent but depends on the drive of demand of buyers. If the demand is high the prices increases. The commercial value of art piece depends on collective intentionality similar to currency.

On a different scale, sizes matter where even though the artist may feel that a small size is efficient the buyer perception is different.  Art piece with big size are expensive in the market like a wonderful sculpt that can sit at the backyard of an individual or next to the welcoming door of the house.

The type of materials used in an art piece can greatly increase the price, Leonard Davinci Mona Lisa painting holds the highest value insurance for a paint, its custodian is the museum. Art is being redefined from the beginnings of illusionist painting to complex photography with binary digits and also, sculpture designs. We humans tend to try and tell a story of what the impression an artist had when coming up with an art design.

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