{"id":3292,"date":"2022-11-12T09:23:17","date_gmt":"2022-11-12T06:23:17","guid":{"rendered":"https:\/\/www.ghafla.com\/sponsored\/?p=3292"},"modified":"2022-11-12T09:23:17","modified_gmt":"2022-11-12T06:23:17","slug":"my-hustle-to-quit-high-salary-job-to-almost-starve-in-a-new-business","status":"publish","type":"post","link":"https:\/\/www.ghafla.co.ke\/sponsored\/my-hustle-to-quit-high-salary-job-to-almost-starve-in-a-new-business\/","title":{"rendered":"My Hustle: To Quit High-Salary Job to Almost Starve in a New Business"},"content":{"rendered":"

What’s your opinion on the perfect job?<\/p>\n

While people desire and actively chase different jobs it’s all grounded on the premise of stability and financial goals.<\/p>\n

How do you explain a scenario where a well paid employee in a stable career suddenly quits to found a start up? It’s crazy.<\/p>\n

Take the case of Nduta, now in her mid-30’s.<\/p>\n

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She’s married, with two kids in primary school. She’s spent a decade, climbing up the ladder in the human resources department of a middle-tier firm.<\/p>\n

The job pays well – the family lives in the suburbs, good schools, drives a decent sedan and an annual vacation.<\/p>\n

It’s an easy job. What makes it easy is that she walks out of the office exactly at 4pm. She works Monday to Friday, accumulates leave days.<\/p>\n

She doesn’t get work emails and texts over weekends, or asked to attend any Zoom meetings. She can call in sick, if need raises – which is often for a young parent.<\/p>\n

Nduta is content and happy at her workplace. But, suddenly, an uncontrollable itch bites.<\/p>\n

She wants to brand herself differently. There’s more to life than just a 8 to 5, right? She starts to believe, inspired by her earlier challenges to refurbish and decorate her house. She had imported all her materials.<\/p>\n

Could I not bridge the gap, with the importation of cutlery and interior decor fittings?
\nNduta does some basic internet search on requirements, then quietly registers a firm.<\/p>\n

Then, she quits her job.<\/p>\n

Her husband thought she was bat crazy. How could you? It didn’t help much that she had little to support her business idea, well – other than a ‘gut feeling’.<\/p>\n

To her, it felt much getting a new baby. In every aspect, it was exactly like having a baby. She gave alot of hours, weekends, late night calls and texting….<\/p>\n

It took alot to get the new business going. Sometimes, she’d even forget her children’s birthdays!<\/p>\n

There were lots of dry spells, zero business.<\/p>\n

Nduta would use these spells to invest in herself. She started attending business forums and building networks. She learnt the skills and tricks of trade.<\/p>\n

It’s in a trade forum, Nduta gained the solution for her major headache – CAPITAL. She learned about trade finance.<\/p>\n

Now, she’s in a position to handle large orders, and has gainfully started seeking big tenders with county governments.<\/p>\n

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Trade Finance refers to an external source of working capital finance. It is a form of short-term credit typically used by companies that export or import goods. It’s usually secured against goods, or backed by an insurance policy.<\/p>\n

In Kenya, Co-operative Bank has demystified trade finance for their business customers, by availing various instruments.<\/p>\n

These instruments are:<\/p>\n