Nipate
Forum => Kenya Discussion => Topic started by: sema on October 02, 2024, 08:54:22 PM
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David Ndii
@DavidNdii
Boda boda leasing business.
Bike Price 200k
Leasing Sh400 per day
Sh2m buys 10 bikes.
revenue :
P.m Sh120k
P.a Sh1.44m
Less 35% Depreciation allowance
Sh936k p.a
Gross profit per month Sh78k
Particulars not warranted.
This man has probably never ridden on a boda boda (probably can't even fit on one); has probably never talked to a boda boda driver; has probably never been to the slums in 40 years.
He appears to be TOTALLY disconnected from the realities on the ground that are affecting the average kenyan.
He just comes up with these mathematical equations in his head and based on nothing at all assumes that he must be right. A self-proclaimed genius in his own very bizarre brain.
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Here is talking about the mandazi business:
Initial capital is not a relevant variable in the profit equation. A kiosk in a busy location with sales of 1000 mandazis a day at a profit of Sh2 each will make 60k a month.
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Be very careful with a man who steals with his wife. Turning a family to a criminal enterprise.
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Ndii is a theoretical moron. Even the controversial Gatabaki sons have made billions while he sits in govt offices churning stupid theories.
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Shouldnt he be talking about how to assemle/manufacture solar panels??
Awhole high ranking official who has no policy except mandazi.
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Be very careful with a man who steals with his wife. Turning a family to a criminal enterprise.
like RiggyG
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Ndii Ako sawa. We only differ with him on infrastructure or capital projects. Hapo kwa informal business...that reality