Justus Omari

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27/05/2024

Real life lessons!Number 9 iko lesson.
1) If you stay in a rental house, don't play loud music.Try to limit the volume of the music TV within the confines of your house. Don't assume you are entertaining your neighbor with ur latest collections,it is ANNOYING,he/she could be reading for exams or has a toddler who is trying to sleep.

2) If you are above 30yrs old,never participate in a road race to try and out-compete other presumably inferior cars.That's stupid and boyish. Stick to the maximum speed limit of 100km/hr.

3) The most naive thing you can do when buying a 2nd hand car in Kenya is to look at its mileage.There is no way a 2008 car can have a
mileage of 49,000,don't be silly.

4) If you want to live long, don't take Kenyan politicians seriously. NEVER EVER.....that is my humble piece of advice.THEY ARE BETRAYERS AND LIVE TO PAY FOR BETRAYALS EVERY FIVE YEARS

5) If you want to venture into agribusiness, make sure it is large scale. This is one sector that thrives on economies of scale. Planting sugar cane or maize in half an acre and then expecting to make any serious returns is a joke. You will live to blame the weather and the government.

6) Real estate is good but you need to be careful where you are putting up your rentals. If you do it in a very rural area where houses go for 2k, even if you have 10 houses that's just 20k per month. If the kaplot cost you 400k and you spent another 400k to put up your single
rooms, it will take you 4yrs before you recover your 800k which translates to bu****it.

7) If you are starting those small scale businesses like Milk bar, Kinyozi, Salon, Car wash, pub etc,make sure you invest in CCTV cameras.Your employees can make that place their cash cow. I have been there.

8. Your family and relatives are some of your most important assets you have. They will stand by you in your most difficult times. Treat them well ALWAYS.

9) The easiest way to lose your long time friend is to lend them money.Thats where problems begin

27/05/2024

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