{"id":3260,"date":"2022-08-30T00:00:30","date_gmt":"2022-08-29T21:00:30","guid":{"rendered":"https:\/\/www.ghafla.com\/sponsored\/?p=3260"},"modified":"2022-08-30T06:42:20","modified_gmt":"2022-08-30T03:42:20","slug":"my-campus-hustle-how-greed-for-smokies-made-my-business-fail","status":"publish","type":"post","link":"https:\/\/www.ghafla.co.ke\/sponsored\/my-campus-hustle-how-greed-for-smokies-made-my-business-fail\/","title":{"rendered":"My Campus Hustle: How Greed For Smokies Made My Business Fail"},"content":{"rendered":"

My first business venture came around in campus, second year. It was nothing meticulous, or well thought-out. I just chanced upon a couple of seniors disposing stuff weeks to their final exams. It\u2019s a regular comrade thing, to pass off campus \u2018survival tools\u2019.<\/p>\n

Assorted comrade stuff was on sale, from weathered printers, dart boards, blenders to some quite ageless Pentium 4 computers.<\/p>\n

\"\"<\/a><\/p>\n

I\u2019d purchase a Smokie<\/em> trolley – for a side hustle. The trolley was functional, and guaranteed to make campus stay easier with good weekly returns. Plus, I\u2019d inherit business goodwill: a coveted spot at the hostels entrance.<\/p>\n

I\u2019d be at my spot every evening after classes, selling Smokies<\/em> and Kachumbari<\/em>. The Smokie<\/em> business was, and is still great. The capital was quite low; just buy a fairly used trolley – at, say Ksh4,000.00. Besides, it didn\u2019t attract other expenses like county permits, rent or utility bills.<\/p>\n

Easy enough, right? Wrong! I didn\u2019t last a week – selling Smokies<\/em>!<\/p>\n

I largely blame it on my background – I didn\u2019t grow up around Smokies! I simply found them irresistible! As an investor, I\u2019d often blur the line to become the client.<\/p>\n

It\u2019d depend on the day; campus traffic was heavier on Mondays and Tuesdays. On these days, I\u2019d handle three or four dozens of Smokies<\/em>, daily. The hostels are deserted over weekends.<\/p>\n

Once I got the first batch roasted, I\u2019d have one Smokie<\/em>, to \u2018kufungua biashara\u2026<\/em>\u2019<\/p>\n

After a few minutes, I\u2019d have another Smokie, to \u2018kuskia kama ziko sawa<\/em>\u2026\u2019<\/p>\n

I\u2019d prepare the hallowed kachumbari<\/em>, the must-have accompaniment. No one, absolutely no one enjoys Smokies without kachumbari<\/em>.<\/p>\n

I\u2019d have another Smokie, to \u2018make sure kachumbari iko sawa\u2026\u2019. <\/em><\/p>\n

In the first quarter of an hour of the business opening, the investor has consumed three Smokies<\/em> – before the first client has made a purchase. Hey, they were irresistible. I first came face to face with a Smokie<\/em> in my 20\u2019s!<\/p>\n

In the village, we ate leftover Ugali<\/em> for breakfast – not Smokies, bacon or assorted meats!<\/p>\n

Then, friends will either make or break your business. I learnt that business tip, the hard way.<\/p>\n

A friend comes, he’d ask to have a Smokie <\/em>to ‘kufungua biashara, nitakuwa customer wa daily’. <\/em>In my naivety, I’d fall for the lie. I suddenly had lots of friends! I was popular!<\/p>\n

In my first week, I made little from my Smokies <\/em>gig. <\/em>The profit was negative, at an almost 100% loss rate. I had to call long-suffering mother to boost my capital. I couldn\u2019t admit it, but I had literally eaten my stock! I loved Smokies!<\/em> Before you judge, who doesn\u2019t?!<\/p>\n

Luckily, the novelty with Smokies<\/em> had started to wear off into my second week of campus business. It\u2019s like working in a bakery, the smell of bread is revolting. Or, working as a butcher – meat no longer calls the shots.<\/p>\n

I started getting weary of Smokies<\/em>. The smell turned repugnant and the sight revolting.<\/p>\n

Unbelievably, that\u2019s when the Smokie<\/em> business turned around.<\/p>\n

As an investor, I was my own worst enemy. I started recording good daily sales and building a solid reputation with clients. Gradually, I\u2019d start a network – adding a series of trolleys and recruiting staff.<\/p>\n

Towards my third year in campus I had become a business don, running a miniature Smokie <\/em>empire! I’d hire a fleet of trolleys to freshers, make supplies and make rounds in the evening making collections.<\/p>\n

\"\"<\/a><\/p>\n

I opened a Co-op Bank account at a local branch. I wanted more flexibility, so I downloaded MCo-op Cash app from Playstore. I had banking services at my fingertips. Campus environment is quite volatile, I didn’t want the risks that came with handling cash.<\/p>\n

As I made collections, I’d immediately send them to my account, via MCo-op Cash. It helps alot that checking Co-op Bank account balances is free. I learnt an easy way to transfer money between bank accounts.<\/p>\n

As my safety net, I’d make weekly deposits to my mother’s Co-op Bank account as savings.<\/p>\n

Besides making deposits and money transfers easier locally, MCo-op Cash offers a rich boutique of money transfer solutions offered by Co-op Bank on a global level. For Android users, click here to download MCo-op Cash app from Playstore<\/a>. For IOS users, MCo-op Cash app is available here on Applestore<\/a>.<\/p>\n

Or, just dial *667# to register.<\/p>\n","protected":false},"excerpt":{"rendered":"

My first business venture came around in campus, second year. It was nothing meticulous, or well thought-out. I just chanced upon a couple of seniors disposing stuff weeks to their final exams. It\u2019s a regular comrade thing, to pass off campus \u2018survival tools\u2019. Assorted comrade stuff was on sale, from weathered printers, dart boards, blenders […]<\/p>\n","protected":false},"author":6067,"featured_media":3261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[499,279],"class_list":["post-3260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sponsored","tag-co-op-bank-kenya-news","tag-mcoop-cash-news"],"yoast_head":"\nMy Campus Hustle: How Greed For Smokies Made My Business Fail - Ghafla! 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