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21:23
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Kenyanentrepreneur.com
Send this article to Twitter!This post is prompted by a piece I read in another Kenyan blog called “Lovelymoney”. In the post, the blog author talks about the plans he and his wife had when they first moved to America and those plans involved getting their education, saving up some money and eventually moving back [...]
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22:36
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Kenyanentrepreneur.com
Send this article to Twitter!So, I guess everyone’s getting excited about this AGOA conference and I’m just trying to figure out why. In preparation for this post, I went to the AGOA site and tried to read what it was all about, but was forced to stop mid-stream when I realized that my eyes were [...]
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12:01
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Kenyanentrepreneur.com
** I just joined twitter and you can follow some of these posts here on my link at twitter.com/kenentrepreneur. I’ll primarily be using it to get instantenous viewpoints from different people, especially on topics that I’m interested in like Kenya and entrepreneurship. So, feel free to follow me and/or tweet me.
Now onto the topic at [...]
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8:33
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Kenyanentrepreneur.com
I was reading a post on Kenyan Pundit about more and more people deciding to relocate back to “Africa” after having lived in the west for several years (I tried to leave a comment, but for whatever reason, it wasn’t posted, which is unfortunate because I think that post could have [...]
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23:23
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Kenyanentrepreneur.com
Now, that the stock markets around the world seem to be collapsing, I want to return to talking about the production of real things (or “stuff”), Why? because (as we are painfully discovering), real economies are created by those who produce real things, not those who shuffle “paper” money around the world that’s created from [...]
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15:10
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Kenyanentrepreneur.com
There’s an interesting story in the NYT about UBS agreeing to give up the names of it’s customers who for years, have used the bank’s secret accounts to hide money away from tax enforcers. I guess as this economic crunch begins to take hold and as governments keep getting more desperate for cash, they are [...]
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13:35
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Kenyanentrepreneur.com
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12:52
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Kenyanentrepreneur.com
I want to move away from talking about politicians because they are going to continue to do whatever it is they want to do and at this point, we just have to move on and start worrying about ourselves.
So, I’m going to assume that most of the people who read this blog are not politicians [...]
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12:42
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Kenyanentrepreneur.com
This is a good video that explains the inter-connected nature of this global economy. It’s all about finding the cheapest labor sources wherever in the world they lie.
If the service can be provided over a computer, the job will most probably be moved to India.
If the goods can be manufactured in China, that’s where the [...]
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8:36
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Kenyanentrepreneur.com
If you have a retirement account that is losing value, you must, must, watch this video. Had you watched it six years ago, you’d probably have been able to avoid some losses.
However, even if you don’t have a retirement account, you should listen to this video because I think it explains very well, why people [...]
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8:35
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Kenyanentrepreneur.com
This video is unbelievable. Here is Peter Schiff, the head of Euro-Pacific capital, predicting this financial crisis SIX YEARS AGO. Like Roubini, people laughed at this guy then, but they’re not laughing anymore.
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11:58
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Kenyanentrepreneur.com
I was reading an interesting commentary in some paper the other day where someone talked about the on-going layoff’s that are taking place around the world.
This person was basically looking at the layoff’s from a point of view I have yet to hear spoken about. He or she was saying that in America especially, the [...]
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18:38
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Kenyanentrepreneur.com
Let’s hear what Dr. Doom, aka Dr. Nouriel Roubini has to say {again} about this economic crisis. It’s amazing how his predictions keep coming true.
His next prediction? deflation (someone please feel free to explain that).
http://www.youtube.com/watch?v=z6cyOtGnhyQ
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21:27
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Kenyanentrepreneur.com
As I’ve said before, this professor of economics, Nouriel Roubini, is one of the few people who predicted this global financial crisis and he’s saying the worst is yet to come.
This is a 5 part series. So, if you want to watch all of it, just google his name)
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9:15
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Kenyanentrepreneur.com
What is money? I pose this question in light of the current global financial crisis which is increasing inflation all around the world. I mean, many people think that money has this infinite value, but in this era of inflation, should this crisis become a lesson about why one should always convert this “paper” called [...]
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20:48
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Kenyanentrepreneur.com
I was having dinner with a good friend the other night and she mentioned that her 401K was taking a hit. This is the second time she’s mentioned it. I’m sure others have observed the same thing with their 401k’s.
I was talking to yet another friend (who I consider to be a semi-expert on finance) [...]
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13:00
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Kenyanentrepreneur.com
There’s an interesting article in Fast Company magazine on China’s foray into Africa. It’s making people nervous:
“This commercial invasion is without question the most important development in the sub-Sahara since the end of the Cold War — an epic, almost primal propulsion that is redrawing the global economic map. One former U.S. assistant secretary [...]
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15:15
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Kenyanentrepreneur.com
I’ve been thinking about this whole outsourcing issue again (why am I so obsessed with this issue of outsourcing?). Anyway, I was thinking about this issue because for the past two weeks, I have been trying to work on this website and I got stuck. There were some things I needed to do [...]
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18:47
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Kenyanentrepreneur.com
I was reading an interesting story today in the NYT about Japanese fears that it is no longer churning out enough engineers and this will become a problem if it hopes to remain an advanced nation. Apparently, young Japanese who’ve grown up in a wealthy country, no longer feel the need to go into engineering, [...]
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7:39
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Kenyanentrepreneur.com
There’s an interesting article in the Standard about call centres coming to Kenya. I guess this cable line has everyone excited about outsourcing opportunities. If you are based in America, you’ve pretty much dealt with call centres in India and I know of very few people who are impressed by them (heavy accents, unpleasant personalities, rude, etc, [...]
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8:01
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Kenyanentrepreneur.com
I’ve been thinking about doing this for awhile and now that the political stuff seems to be dying down, I’d like to invite people to contribute articles on this forum. So, if you think you have something interesting to say, particularly about business or entrepreneurship in Kenya {or anywhere else} and you don’t want to [...]
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16:59
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Kenyanentrepreneur.com
I just finished reading this great article in Fortune magazine about how Dubai is expanding it’s global reach beyond it’s borders and it’s doing it in poor, third world countries. What caught my attention were some of the countries it has selected: Djibouti and Rwanda. Huh?? (Full article here: Camels, Gorilla’s and skyscrappers)
Basically, the government [...]
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11:09
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Kenyanentrepreneur.com
You can’t ignore a country with 500 million potential consumers, can you? World leaders are flocking there trying to get in on all that potential business (Maharaja’s land of gold).
Africans always like to inform westerners about the “other” side of Africa (”no, trust me….it’s not all poor”, really, I’m telling you, please believe me, etc, etc…you [...]
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20:11
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Kenyanentrepreneur.com
This is a documentary about an American computer programmer who travels to India to find out why so many “American” jobs are being outsourced to that location.
The guy is obviously bitter about being laid off and I got no sense from watching this video that he has come to terms with the realities of the [...]
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21:32
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Kenyanentrepreneur.com
E-commerce was all about making money on the internet; M-commerce is about making money with mobile phones. This discussion is mainly about India, but the examples could easily be applied to Kenya (btw - how is M-pesa doing?).
They are 200 million mobile phone users in India. Wow! How many are there in East Africa?
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15:22
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Kenyanentrepreneur.com
There’s a hilarious ad that was posted on Craigslist about a woman looking for a rich husband in New York City. Here is the description from the NYT:
“Last month on Craigslist.com, someone who described herself as a “spectacularly beautiful” 25-year-old placed a personal ad seeking a husband who made at least $500,000 a year, [...]
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16:55
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Kenyanentrepreneur.com
I was talking to someone the other day about work in general and how safe (or not) most people’s jobs are and she said that in this global economy, your stability at work all comes down to one question:
Are you an income generator?
if the answer to that question is no, then your job is not [...]
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11:55
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Kenyanentrepreneur.com
I haven’t put a video up in a while and I figured it was time. It’s always interesting to listen to what a Billionaire has to say — so have your fill!
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8:03
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Kenyanentrepreneur.com
Paul Wolfowitz, the head of the World Bank has been in the news recently under a cloud of allegations that he tried to hook-up his girlfriend with some perks. Anyway, I don’t want to dwell on Wolfowitz’s history of corruption, except to say that I run into an article in Harper’s magazine written by [...]
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10:35
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Kenyanentrepreneur.com
I was just reading an article in the New York Times about Germany’s emergence once again, as a global engineering powerhouse (German Exports). The Germans have always been known for their solid engineering, but the economy took a downturn when East and West unified. The transition was difficult both economically and culturally, but [...]