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Tim Kipchumba

@TimKipchumba

29 Dec 21

@TimKipchumba

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

@QuestworksKenya

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

Read 7 tweets

Tim Kipchumba

@TimKipchumba

8 Jun 21

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.

Read 13 tweets

Tim Kipchumba

@TimKipchumba

7 Jun 21

@FedEx

Record WORST way to ship Goods into Kenya is by @FedEx.

-Almost Always 15 late even for air shipments
-Most lousy partner locally in Kenya
-Phones that barely go through.
-Bad end to end service.

Why don’t they just stop this business?

From anywhere (China, USA). Look at customer reviews

https://twitter.com/daidey/status/1401981511440666624

Customer reviews.

https://twitter.com/daidey/status/1401981511440666624

Read 5 tweets

Tim Kipchumba

@TimKipchumba

22 Apr 21

@WorldVision

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!

Read 4 tweets

Tim Kipchumba

@TimKipchumba

18 Apr 21

@ericries

Startup Goal:

Learn what to Build to meet customer needs

How:
-Generate ideas
-Build ideas into products.
-Turn products into engine of growth.

- @ericries

Most important Questions when building a startup

- What do we BUILD that offers validated value?
-How do other customers get to know?

Most important activity early on:

-Get out and speak to customers!

Read 12 tweets

Tim Kipchumba

@TimKipchumba

21 Jun 20

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

@QuestworksKenya

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

Read 9 tweets

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