Start a Business That Can Earn You Big Profits!

With the current high unemployment levels, starting a business that can earn you big profits is always the best alternative to the ever elusive jobs.  However, even if you are employed, you can still do business alongside your full-time job. All that matters for you to be successful in business is your managerial skills, a good customer service, your vision and last but not least, an ideal business location. Although certain businesses can’t be put up without access to large amounts of capital, it is still very possible to start a…

Wealthy People Do this to Keep Getting Richer

In a world of average people — and average salaries — many of us aspire to join the 7-figure club. Who doesn’t dream of becoming wealthy, so they can stop working, go on guilt-free shopping sprees and take endless vacations? However, most rich people don’t do those things, and that’s part of how they build and maintain their wealth. There’s a difference between living a life of careless spending (which will quickly drain even a wealthy person’s bank account) and living for long-term financial independence and wealth. The self-made rich…

Growth Can Destroy Your Business If You Aren’t Prepared for it

Sit back and close your eyes. Daydream about when your business generates enough revenue to set you free financially. Sales are rolling in. A long list of clients want to do business with you. There’s no more stress about not making enough. That day is the goal of entrepreneurship. We started a business to achieve time freedom, financial security and to make an impact on the lives of those our business serves. It’s not an easy path. At times achieving those goals requires more than we feel we’re capable of giving. You…

How to File Nil Returns on iTax

Filing nil returns on Kenya Revenue Authority’s website, iTax, may at times seem hectic but with the right amount of information, you can save yourself some serious penalties including the annual fine of Ksh 20,000 that one must pay. This penalty can make one miss incredible opportunities such as advancement in a career in which most companies in this age demand a KRA clearance, a fit you cannot achieve as long as you owe the taxman a penalty. What is Nil Returns Nil income tax returns are filed by Kenyan…

4 Lessons Most Successful Entrepreneurs Learnt the Hard Way

To help mitigate the impact of those speed bumps, here are four lessons that most successful entrepreneurs have learned the hard way, but maybe you don’t have to.   The path to building a successful business is rarely a simple one. But in the beginning, it seems simple enough: you’ll build an amazing product, market it and watch as people pull out their credit cards. Then you’ll hire people to take over menial tasks and you’ll move into the role of CEO, eventually delegating that as well and living on the…

Fuliza now goes Global

Safaricom  has announced plans to take its M-Pesa overdraft service, Fuliza, to seven new African countries as the telco seeks to tap into the high demand for instant, micro-loans. The telecommunications firm wants to introduce Fuliza in six other countries outside Kenya. These include Tanzania, Lesotho, Ghana, the Democratic Republic of Congo (DRC) and Mozambique where Safaricom’s mobile money service M-Pesa is already available through its parent company, Vodacom. M-Pesa services are also available in India through Vodacom. SEE ALSO: How to make first-time customers keep coming back Fuliza, an…

How to make first-time customers keep coming back

It’s no secret repeat business is critical to success; still, many businesses commit the bulk of their marketing budgets to customer acquisition rather than customer retention. Acquiring new customers is certainly important, but consider this: It costs five times more to attract a new customer versus retaining an existing customer, and increasing your customer retention rate by just five percent can yield a 25 to 95 percent increase in profits. The numbers speak for themselves: if you can retain customers, your business will be more successful — which is why you…

Vacancies in Kenya Ports Authority

The Kenya Ports Authority has announced 140 (One Hundred and Forty) vacancies. In a statement seen by The Hakika Post, KPA issued instructions on how to apply as below: How To Apply The first step in your application is very straightforward. Find a vacancy that suits your interests and qualifications. If you need a little more inspiration check out the stories of our people to learn more about them and working culture in Kenya Ports Authority. Once you’ve found a position in the vacancies area you can start filling in…

Billionaire Kevin O’Leary’s Favorite Savings Tip For When You Have Kids

It’s no secret that having children is a big financial undertaking — even mega-rich financier and star or ABC’s “Shark Tank” Kevin O’Leary says so. “Of course it’s wonderful to have a family, and I endorse the idea forever,” O’Leary tells CNBC Make It. “It’s wonderful to have children grow up with you, watch them age, become part of a family. It’s fantastic. But they’re not free. They’re very expensive.” Indeed, according to the most recent available data from the U.S. Department of Agriculture, it can cost around $233,610 to…

10 Ways To Make Money Online Today In Kenya

With the gigantic penetration of the internet, which is growing with every new day, online jobs have taken a new shape: it has become so much easier to make money online. The beauty of online jobs is that you can work at the comfort of your home. Here we list 15 ways you can earn a living working online. 1. Transcription and Content Translation These require listening and typing audio into text that can be read. Such jobs are listed on sites such as Upwork.com and Rev.com. Compensation varies from…