 Welkom back and as I told you today we shall have a business interview concerning on how to start up a business and let's say that business is a usual komashu activity engaged in as a means of livelihood. An unentrepreneur is one who organizes, manages and assumes the risk of business or an enterprise and starting up a business may be a big step of people and people tend to wonder how should I start a business and how should I make it successful. Today we have Tony Nyongesa who is an unentrepreneur. Welkom Tony. Thank you very much. Kindly just tell us about yourself. I'm called Anthony but people normally call me Tony. So far I stay in Nairobi. What I do is that I like business. Business is good personally because actually it is your security if you have personal business. So far in Nairobi I have various businesses and actually I have tried and everything is well in my life. I do well and that's why I advise so many people to do their own business apart from being employed. Yes, you are out to that point. Can you just basically explain to us what kind of business should one start? Okay, thank you very much. Business one it depends with you. First of all don't just choose business. One is supposed to have the experience of the business. Yes. Also you are supposed to base on the where the business, where you are supposed to start, whether you sell that business or not. And you are supposed to invest where by this strategically the business that you want to sell, yes. Another question that people may tend to ask that where should I start, where should I cooperate my business or where, which area should I start a business? Okay, business, when you want to start a business, don't just put because you have money you want to start up a business. First of all you are supposed to put where the strategic place for your business. Like for example shoes, like for example hotel. Like for example you want to start like a kahaia and whatever. You are supposed to look where by these restaurants or whatever. The place with the strategic for your business, the kind of business you are doing. Okay, thank you for that. Another question that people tend to ask is how should I capitalize my business at the beginning? Like what I mean is that when one wants to start a business, how much can one start with? Okay, thank you very much. Capitalization, it depends with the type of business. You know you cannot start doing big business like selling cars and you don't have money. First of all you start with the business, something little that you have. If you want to be an entrepreneur, you go for the cheapest way that you can afford. Like now selling shoes, selling clothes, you can start with the like 10,000. 10,000 as you grow slowly. You cannot just go and take big business and you don't have money. But any small like I see people start with my eye, you start with 2000 or 1000. So it depends with the business that you want. So long as it gives you income at the end of the day. Okay, and as I have gotten another question that one of the people asking is that is it good to do a market research? Probably you want to do something particularly probably on shoes or a hotel? Is it good to do? Of course yes. When you want to start a business, first of all do market research. That's very important. That one you cannot have risk of losing your money. Because I see other people, you just see somebody is doing well. And that's in my head and when they want to do the same thing that you are doing. So do a market research. First of all like the business. Do you like the business first is I do research. After doing research, go now and collect the resources like money. Then you start up the business. You cannot just wake up and say now I want to do this and this. You do research first. In the point of interest that you are? Yes, interest that you are. Now for instance, now you want to put up shoes. First of all go and do research where you are supposed to find a whole sale. Where they sell. Now you want to sell business. Are you going to sell online or are you going to take your shop to sell that business? Do market research so that you can come up with the disadvantages and disadvantages, merities and merities, challenges so that you can know now when you start a business, you won't have risk. Okay, sure. And should one require capital investors? You know probably one world would want to probably start a business idea and you just call people to come up. Is it really allowed? It's not allowed to me and it's not a must. I start to be those people that can support you. I personally have never engaged anybody to help me starting my business. I am very creative. I may just sit down and think what I am supposed to do because I can do this, I can do this. One, I go with the slowest. You know, in this world when you want to, everything starts from down. The only thing in Yanzanga, is to go up and down. But in this world when everything you grow, provided you are a hand-working person, you do transparent, you are so transparent. Everything I need to be good. Wow, thank you for that. And another question that I would like you and Tate to ask more on it, how can one get capital to pay attention to me? This is a meaning like, if you want to start up a business, what are the key things that one can actually rely on so that you can say that this business, how may I put it, an opportunity of the market? How can you explain that? Okay, thank you very much. On that, first of all, I can advise people that when you want to start up a business, first of all, and you like the business, first of all, you do the research, what kind of a business do you want to do? First of all, as I told you, do research. After doing research you have a vision. Maybe like now you don't have money. If you do research like now, they are planning around 2022. Like you see people, politics, they want 2022, they want to be somebody. So of course now they are starting now planning themselves in terms of financial, also in terms of now looking at the people who will now be on the ground, all that. So you suppose a serious entrepreneur, somebody who is serious, you know what you are doing, you are supposed to have a plan. Not just today we wake up and say now, I want to do a business. You suppose to have a plan, a long-term plan. Like now, three years. It depends on the business. You can say now, next year I want to sell clothes. First of all, you go and do research. Do I need a shop? Do I need, where to? Am I going to do online? Am I going to sell online? Am I going to use a shop now? How much does the shop cost? Is it now? We are supposed to get those clothes. Can I go to Uganda? Can I go to China? Can I go to Isli? Can I go to Kumbak? That's when we can start doing that business. So now after now planning, after now planning, now have to say now, where am I going to get money? Of course you know when you are planning a long-term, in the long-term, you suppose now to say, now let me enter into Sago, whereby I'll be saving my money. Like I'll be saving monthly 1000, 1000, 1000, 1000. So that next year you get this having a lump sum money when you start the business. Another question is that concerning this is a youth channel. What advice on the business can the youth venture in? To me I can advise youth that let them not just stay there and thinking that maybe somebody will come and help you. Ayut 1, once you are born, you suppose to know that now you are a man or a year, when you are above 15 years, you suppose to think and say now, what am I supposed to do? Mostly youths think about to employ yourself. Shelf employment is very good because you want to be disabled. You will grow. You know when you start a business, you will grow. If you are focused. Second advice youths that from today just or Germany, they do their own things, they employ themselves, jobs ziko vizuri o kati kibaki, adingia, adi tifunguria mi lango eba you can go to another country, do business, you can come and do business in everywhere, in Nairobi, youths sizing their employers, they employing so many things. You can get a youth like 18 years or 22 years, 26 years. Having their own business. Yes, having their own business and having money. Even more than, even like me, I'm employing all the, all the, all the, all the, yes. I have two cars, I'm employing, now I've employed like two cookers, you know. For the taxi business. Yes, taxi business. And they are all the love cars. But me, I'm a youth because I think very fast. And then my car was alone because I was great. And I liked it. I wanted to change my life. I want to be employed whereby you are being paid 12,000. You stay there, you are being harassed. That's what life. Yes. You know behind the second generation. Okay, right. And as we come to wind up of this, of this interview, what are the biggest challenges that, that one comes across in starting up a business? The challenges one is that to kuchabuama hetas. Don't employ hetas, isn't it? Don't go and give the ideas to your hetas. Of course, in fact spiritually they will send you spiritually and you won't even go anywhere. The next one is that poor planning. If you don't have poor planning, you cannot do business. The next one is that challenges is capital. People they don't have capital to start up a business. They have so many plans but they don't have capital. Another one is that just to have money, then I have like 200,000, then you start business. Just you see somebody is doing business and so you copy. You risk. Risk is good but at times risk something. At times that people never, they can hate you just maturity. You can be starting, you have started a business but now they are customers. They hate you. You have another person selling vias there. You are selling vias there. You see that there is a lot of go-sips and everything. So the people just hate you like the way you are. Maybe you have a car you are selling inside the car. They don't want others. They think that you are a rich person so you want to do that. So those are the challenges that you normally face. And to that point of starting a business, there are several things that one is not supposed to do when starting up a business. What are the key things? Probably saying picking up the wrong business or something of the sort. Thank you. One of all, something I don't suppose to do when you are starting a business. One is that don't fail into plan. Make sure you plan your business. Make sure you look at the business that is your class. Actually there are some. I read that if man is your own goal in starting a business, you will not kufa. That's true. Yeah sure. You have to change life and all that. Of course. Yeah. Being focused. Another thing is that challenges people. You don't suppose to, like now, time. Okay. You have employed so many people. And you know, fire it. Just come. You don't know how to socialize with the people. You fire your employees. Yeah. That's there. Yeah sure. Yeah. Thank you for that. And as you just say give your final remarks and adding why do youths prefer the white collar jobs rather than the kazi amikono as the people say. Thank you very much. I personally, it is just a testimony that I can tell you that actually I have come from Rifa. I came in Nairobi. I was supported by my brother. Kondopatismil. And Bbiya, she called Dikimani. Actually by the time I entered Nairobi, nili kon me gia mini. Like nili kubali everything. I asked my brother. My brother was working in a big company. Very estate. Yes. Then I asked him, now I have come in Nairobi. What plans do you have? Okay. Then he told me, me, so long as you have stepped in Nairobi, that is it. I said no. I don't have any plan. Just go, go, go, go. Find your own self the way you want. Take kukoteni there, get it trolley there. Do you know what I did? I told my brother to buy for me a trolley. Isn't it? Because he told me, go and do whatever you can do. I took a trolley. I went to town. Isn't it? CBD. That was 2012. Yes. CBD. And you know I was a learning person. I was an organized person. In fact I can do a good job in an office. My brother by that time he was an operation manager in the office. I don't know which plans he had to me. But I thank him because he showed me he was supposed to struggle. So I went to town. Biza trolley, biza trolley. I was coming with around 1000 shillings, 1500 shillings at the end of the day. And here you are. I said now this is what my job is. I was supposed to do this because my children in Switzerland were like I should have this. I cannot do it in my life. I can't have my own with this because it will go on challenges. We were supposed to go to the stage where we were supposed to go. They are smoking and they don't smoke. They are drinking and they don't drink. I was just an upright person. But I was trying to reach money because I came from Mushago to come to Nairobi to look for money. So I had to do that. But then I stopped because I had a challenge that Stikanzo Kema took my trolley because I was not within that organization. I was in Fanyasota because I was a clean man and customers they needed. So I can just advise the jobs that I have done a lot I have done muchari, I have done so many things. So youths now they don't like they like white collar jobs because they don't want to do that. And they are lazy. They like somewhere whereby they can just do this the way I am doing. But that one nowadays you can do that at the same time you are doing your own business. Work hard pace. When you struggle, you gain. So I can advise youths that don't just like to sit there. Don't just like white collar jobs because in fact to business so many business are paying better than white collar jobs. Because white collar jobs can be paying $20,000 but a business can give you $200,000. As you have heard that work hard pace. Do not run for the white collar jobs. So thank you for having me and staying tuned to us on business tuesday. My name is Joendegwa. Have a blessed night. God bless.