Published On Feb 26, 2024
A shop attendant that worked her way to become the biggest mobile phone spare parts supplier in Kenya, Dama wa Mobile spares details the tips for success in the cut throat industry of SMEs, the lies of passive income and rules for business in the Nairobi CBD. #GrinContent
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CHAPTERS
0:00 Intro
3:26 Age bracket for financial stability and the
journey up the ladder
11:00 Capital to begin your own business
12:07 Difference between selling phones and
selling phone spares
12:59 Does one still has to think even after
acquiring the capital
14:10 Secrets of a business
18:15 Is there assurance that the business
would bring in profits
20:36 First million experience
22:10 How you know that the business is
stable
24:03 First million experience
25:20 Staying in a rented house while
financially stable
28:37 Advice on passive income
32:46 Understanding the market
35:12 How borrowing impacts the business
36:08 The general perception of a stable
lady in business
41:29 Does money change a person
52:45 The role of a supportive partner in
business
59:25 Judgement from the society and
personal standards
1:02:53 How you know it's time to change
your lifestyle
1:04:48 What determines how much an
employee is paid
1:13:49 Special treatments
1:17:16 Exceeding your budget to assist
Someone
1:18:28 Being mistaken for a political
aspirant
1:19:15 Once you start working you don't
stop
1:21:20 More light on side hustles
1:26:19 How to deal with employees with
potential to own businesses
1:29:02 How much capital is required to start
a serious business
1:31:58 Outro