Of success before 40 years, financial independence and other myths.
There can be so much pressure to be successful especially because everyone seems to be successful. Let’s bust this myth before this year ends beginning with @TimKipchumba
It’s almost everyone that has not yet made it by 40. It’s not just you alone. Most of succes takes time. We are accustomed to the 10,000 hour rule but for fast majority of folks, that success takes more than 10 years. We are what new science on success calls the late bloomers
I can tell you because we begin @QuestworksKenya 10 years ago. So ideally, I should be completely financially stable. Most of that is tied in assets as we have reinvested 120%.
That’s not true. For starters;
Let’s begin with me.
-no career yet
-not specialized
-IT degree.Masters in Ops.
-Project Management. Construction. Solar. Real estate. Supply chain. Writing experience
-Wrote 2 books. One sold 0 books
-Not nailed a niche in real estate
-no home yet
-couple areas with interests + skill
-not yet financially independent
-no exit
-earn 5X less than peers;
Thankfully I’m learning and having so much fun.
-some awards to to shore up that syndrome
-learning so much to worry
-can live on $2K or less
-Maintaining broad interests still for fun & learning
-trying investing to support & learn
-focused on jobs and helping to notice I’m 37
-tweet/ shares ideas to help and show our work.
-even the Average age of entrepreneurs is 42 years
Be kind to yourself. It takes time. Fall in love with your craft. And your work.
-Couple family road trips; Northern Kenya trip with son’s
-254 Global + 1st pre-seed deal
-$7M+ new contracts at @QuestworksKenya (solar, construction)
-@mentorthon birthday surprise
-Friendships (offline) & on @Twitter
-Ziplining with @jeronoebony
-Time outdoors @kwskenya
-Developing new projects (Solar, affordable accessible housing)
-Amazing meetups with entrepreneurs in East Africa
Passive INCOME, Untold Project Stories & my progress with a small tiny studio project
Last year, following my own advice to generate a small passive target $, i raised $130K from - my Sacco, friends & savings, i decided to develop a property.
Here is what happened (thread)
Owned the land from before. about 800 metres from Campus, good tarmac road and some retail shops. And determined that I could potentially develop studios - self bed roomed. Outperformed competition in value (better rooms, internet, 3 phase power etc). Projected completion in June
Added buffer of 3 months. campus open in Sept. So ideal plan. And went about doing the case project. Found a fantastic super honest project supervisor. And then with know how of material savings...Begun.
Anxiety antidote: Gratitude & Grinding
I’m the last person to be anxious. Yet I am often. Today I remember my late dad earned $30/per month when I was in high school & I won @WorldVision scholarship. My pocket money for 3 months at @StrathU was $30. I won, @EABL_PLC scholarship.
I think progress measured in decades amounts to significant change- both in wealth, knowledge and character. What i see in modern life is that we forget, we socialize up and generally don’t remember where we have come from. Life changes a lot. It changes Better
Note to self:
Remember where you have been.
Stick to your the journey.
Help along the way.
Breathe. Sleep. Work out.
Be grateful.
Commit to your friends and family.
Make some change!
Solar Power, Case and Investment Thesis (for corporate/industrial companies) and all of us end user (thread). Inspired by Blackout tonight.
Here is how your electricity bill looks like. The main numbers to think about are the consumption units and the total monthly bill.
How does this look over the year? There are months you spent significantly higher.
Pay attention to the unit cost- consolidated tax inclusive cost is around 21.93 Kes/unit to Kes 23.64. Or an average of , $22cents/unit
Could #solar be a viable solution? Here is why we should consider it to begin with:
-Uses rooft, that we often don’t use.
-Massive advances in tech (inverter, panel and optimizers)
-More knowledgeable EPC/designBuild companies like @QuestworksKenya
-plenty of sun ☀️ here