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Showing posts from August, 2009

Do or Die

When you start a business and its a Do or Die agenda the possibility of you succeeding is much higher than when its done as a side hobby. For instance, if payment for where you stay and what you eat is dependent on the business you are doing, trust me the chances of you failing are reduced substantially. However, even if Do or Die, I came to discover there are many other additional things that will affect the success of your business. According to the Ministry of Trade (Kenya), those additional things include "being able to craft good strategies that can exploit the opportunities in the environment". These strategies don't just come by you, they are based on theories made practical. How are we expected to get these theories made practical? Well its simple ...training! A number of us (small business owners) don't look at training as an asset. Training well done can substantially increase your profitability. And am not talking about an MBA or an MSc...am talking ab

The CEO Janitor

I’m a self confessed holiday hater , but today as I still wait to be counted I am grateful for this holiday. Besides dreaming up some crazy ‘tribe’ which I’ll tell the enumerators I belong to (I’m leaning towards Kryptonian) I get a chance to take a breather. You see the last two years have been a non-stop 24/7 marathon to keep ahead of an economy battered by the combined effects of post-election violence and a global economic recession. Although 2009 has had its upsides compared to last year, the scarcity of food, electricity, and water continue to take their toll on business. One can even say that it’s been stressful. Stress however is not necessarily a bad thing, like Jon Voight acting as a bad guy in 24 says “stress is the fertilizer of creativity”. Indeed I have had to be extremely creative in 2009 to ensure that my business continues to be relevant in the face of a depressed economy and with all this rationing. By forging strong partnerships with other entrepreneurs I launch