There is money in juggling two start ups at the same time


03 Jul 2015 | by
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There is money in juggling two start ups at the same time

Maggy Wanjiru (40) “Before I started business I used to work in the oil industry in the area of customer service for twelve years. I used to work on contract basis sometimes three years, and other times 4 years, so it was not permanent, and due to the instability.”............

Maggy Wanjiru (40) “Before I started business I used to work in the oil industry in the area of customer service for twelve years. I used to work on contract basis sometimes three years, and other times 4 years, so it was not permanent, and due to the instability.”

While still working I used to go to Turkey and bring clothes and sell in the office so when I was finally fully employed, I decided to stay on and continue working because employment is safe and its regular income, plus there is always a medical cover but when I was transferred to Mombasa it’s when it hit me that here I don’t need to stay. I realized that I was scared of the unknown.

Maggy decided to leave and go back to clothes, but because she used to sell from the house, people would pick her clothes and not pay up but then she gave up.  She later approached a friend and his wife who used to do branding. “ So I would be the one bringing in the business but the actual take home was little considering the kind of jobs I was bringing in” she explains

She continues “ I got so frustrated, I was broke, then someone challenged me and asked me to start my own and that’s how MONIT enterprise was born in 2012”. Maggy explains to me that MONIT means Money in it because she knew there was money in branding.  Since then MONIT has grown into six regular clients who consistently give her work when they have it.

How much was her capital? Initially I put in 200,000 Kenya Shillings which I borrowed from my husband but with the first order I got my money back In the process of offering cooperate gifts she started travelling and it is then she stumbled on her next business.  “ My client wanted something different and unique and of high quality. I started bringing unique and different gifts from outside the country. Travelling opened my eyes to children’s clothes and then I started a new business Tots and Teens”

 “ I therefore closed the chapter in adult wear and opened a new one called Tots to Teens”  Why children’s clothes? I started to focus from 2 years to 16 years. I loved dressing up my daughter and she was like my model. A lot of people liked pajamas in particular for children, so I concentrated not just on children’s clothes but pajamas as well”What lessons have you learned juggling two businesses at a time? “I started with 30 pajamas and all the profit I would get I would plough it back in.  I don’t feel that it has picked up yet and its not where it needs to be.”

Why two business at a time ? “I do two businesses at the same time, because it’s not good to put all your eggs in one basket. “

“My background has helped me in my business, I am a marketer by profession, I like to be treated well as a customer and that’s the same experience I give my clients both in Tots to Teens as well as  Monit” She explains

Maggy’s Advice: When your passion calls you heed it. Sometimes we are too comfortable in employment forgetting that we need to take a risk. You have to be very strong willed.

What lessons have you learned juggling two businesses at a time? “ Consistency is important. The children’s clothes I have done on and off.. if you are not consistent you can loose your clients. Booking keeping is critical, at some point I would just make money and use it. You either have the discipline of keeping yourself accountable or employ someone to do it” Finally she says when you stock everything in the sun you compromise quality as well as you are unable to focus.`

The major reason why I decided not to continue in employment is that fact that I worked long hours and would not spend time with my family they way I do now. I resigned because of them and I am doing business because of them. It gives me the flexibility of spending time with my family.

Where do you see your businesses in five years time ? MONIT: I want to be known for the best unique cooperate branding

TOTS TO TEENS: I am looking to a place where I make the pajamas and sell them at a good price for our market instead of importing


0705888516

Ngong rd, opposite Ligi ndogo ( the orange house)

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