Ok, so not a day really, but i had an interesting day today!
But first i discoverd Wazua.co.ke where there are interesting forums about business ideas.
Just looking at the information on the site is quite interesting. For instance i discovered
- there is a problem with the quality of the feeds in the market
- there is no structured market for farmers although there is a huge demand for food
- there are some people out there who will jump into a business venture too quick and pull out as soon asthe going gets tough thus lossing some money
- many people are willing to share information on their business ventures -- failures and modest success
I think the site is really helpful to gauge the general feeling of the participants. you just need to be mindful the site is of course used by some tech know guys - so you would still need to get the information on mama Mboga who might not use the site.
Having said that, i have been able to use the information on the site to rethink my business plan - the whole issue of animal feeds making up 70% of cost of producing chickens or eggs and the low quality of feeds have made me rethink my estimates all over again - so thank Wazuans and carry on the chat!
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