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KICK MY @#$ AND PRAY FOR ME.
mlefu
#1 Posted : Friday, May 15, 2009 7:37:00 AM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
started sometime in feb2008,i had saved 200k which i bought some shares with,from march i saved nothing,business was good and i spent all the money since i had shares i thought nimefika. before the bear,i have speculated close to 1M,i pulled out before July with 800K and bought a salvage car with a sole intention of repairing and selling it. it was a bad really bad investment,the parts were soo costly and it costed me well over 1.2M by november 2008,that i could not see since business was doing well,the extra 200 i borrowed since i cld not sell shares and lose almost 80%. trouble begun here. the crunch hit my business in feb 09 ant to date the income perday is at most 20% of what it used to be last year.Now my debt stands at 400K,no shares,no other source of income. last night i sat in bed for 30 minutes and my head was spinning like i dont know what. 400K OMG.. now kick me as hard as you can..then say that Prayer..i need it

muthomi mugi aiikagia maitho kabere...
Magigi
#2 Posted : Friday, May 15, 2009 7:51:00 AM
Rank: Elder


Joined: 3/31/2008
Posts: 7,081
Location: Kenya
...I am aiming my stilleto shoe right at your arXX hole!!! Hey brother,stand up and walk. It is better to try and fail than fail to try... We have been there. You will get out...only if you don't give up... GOD help Mlefu.
McReggae
#3 Posted : Friday, May 15, 2009 7:56:00 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
God help mlefu......he is in ral shyt!!!

Don't give up broda,that happens once in a while just walk with your head up and keep trying!!!

Ope you aint pulling no first one on us!!!!


The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
slykat
#4 Posted : Friday, May 15, 2009 7:57:00 AM
Rank: Member


Joined: 2/20/2007
Posts: 359
@ Mlefu

Take heart,the crunch is not permanent. U haven't lost everything; u can still sell some equity to especially someone who can add value to ur business. I dont know what u sell,but a strong mkting person who has been retrenched might just be looking for something to. we might even venture investors right here. Ask. U can also begin to give a 2nd look at those mkts u considered too small in good times.

Consolidate ur loan by borrowing on better rates eslewhere or zero interest from family/pals to pay off the 400k if it is from an expensive bank.

Lakini,I cant help it but wonder,1.2M refurbishing a write off! Kwani u were getting it goldplated n armoured? U cud get something brand new with that. Next time - 4 u will surely have a second chance - use the k to cushion ur business against hard times.

When buying shares,ask yourself,would you buy the whole company?
McReggae
#5 Posted : Friday, May 15, 2009 7:59:00 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
I forgot,can't you get a buyer for the car in it's present condition then you start from there?

The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
slykat
#6 Posted : Friday, May 15, 2009 8:09:00 AM
Rank: Member


Joined: 2/20/2007
Posts: 359
@Mlefu,

Lemme add something important. I think the fact that u squandered ur first million is a sure sign that u will make it big. why? all the biographies ave read on biz magnates have a commonthread - the tycoons tended to waste their first chance! I guess it teaches u a lesson u can never be taught theoretically n one that u will never 4get.

When buying shares,ask yourself,would you buy the whole company?
mlefu
#7 Posted : Friday, May 15, 2009 8:10:00 AM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
selling the car now will fetch at most 800K,not that nimeiharibu but number yake KAX,but the most stupid reason is that its my 1st car,was reading somewhere that most pple sell their cars or fail in their business in the 1st 3 years..so i thought..NOT ME lakini aihhhhhh.
I deal with End user VOIP,the kind that i sat for long thinking there was nothing i cld do like marketing or something until someone came up with a superior product and damn..it hurts. the ideas are there but the money is no where to be seen.
Employment has hit my mind of late,but then my papers..hakuna..not that my chances are blown BUT..
guys shld be careful..lakini most must learn from their mistakes..watch out..now today i must raise 50K..damn

muthomi mugi aiikagia maitho kabere...
Jalofg
#8 Posted : Friday, May 15, 2009 8:14:00 AM
Rank: Member


Joined: 4/30/2009
Posts: 73
Please don't quit

Read this.

Did you ever think that all of the great heroes we read about may not have been particularly great men in and of themselves? They may not have been born with any great skills,talents or abilities. But,each of them did have one special quality that we would all do well to cultivate.



A Tough Nut To Crack!



Because of my passion for recording and singing I've had the opportunity to meet some really famous people. And,one thing I have discovered about these people is that they have a 'never say quit philosophy.' They have a bull dog tenacity that would make a snapping turtle jealous.



A side thought just in case you have never heard; the saying goes that a snapping turtle,if it bites you,won't let go till it thunders. I don't know if it is true or not and couldn't care less because I don't let snapping turtles bite me. So,back to my point.



Live And Learn!



The stories I have been told by these famous people is sometimes shocking and very inspiring. I won't mention any names but one in particular comes to mind. See if you can relate to this tragedy to triumph.



His passion was for music,as mine is,and during the early years of his struggle,to reach the top,he lived in an apartment with no bathroom. After a short while he got kicked out,which he says was not a big loss; then he lived in a convertible automobile with a leaky top.



He literally and he truthfully swears he lived off of cat food in a can for a year. It took him almost twenty years to have his first number one hit. And,that means twenty years of playing the honky tonks for peanuts with no success any where in sight.



Never Look Back!



His story really made me think; how much do we really want success? How much blood are we willing to give? What kind of a price are you willing to pay for that elusive dream that captivates and mesmerizes you?



For my friend that I've mentioned,there was no price too great,no sacrifice too large,no limits he placed on himself,except for breaking the law,he never crossed that line,but he was willing to pull out all stops to have what he dreamed.



His Goose Is Cooked!



His father even tried to bribe him with money to forget the crazy notion of pursuing music. He decided to stay in his leaky roof convertible and,he said by that time,he had started to like cat food. Yuk! His father said; dumb decision boy!



His father asked him; ok,how long are you going to pursue this? He told his father he had placed a limit on the timeframe and said that it was one hundred years. If he didn't succeed after one hundred years he would quit. His father said; dumb decision boy!



Pinch Me To See If I'm Dreaming!



I tell you this story not to insinuate that this is the kind of life a person must endure in order to have great success. But,to share with you that here was an ordinary person with no extra special gifts,just a never quitting attitude,that caused him to be living his dream today.



If there is any quality that separates the successful person from the failure,it is persistence; Not talent,not ability,not education. And over and over I have been told by some big name people how hard the struggles were to reach the top.



Persistence is like the object in motion. It takes more energy to stop it than for it to continue its course. Starting the object is where most of the energy is used. And,it's the same in pursuing success.



You Can Bet Your Bottom Dollar!



Everyone wants to be a success in life,but unless you make a commitment to never say quit,you will have a lot of opportunities to fail. The comforting thing is; life will never quit on us,it will keep presenting us with opportunities to succeed,many of which will look like you'll be up to your neck in alligators.



You may have a problem now that you've tried and tried to overcome. You many have even said,'I've fought this thing so long.' What's the use,I'll never win. I have just one word of encouragement for you: Just remember; 'Cat Food!'



When I first decided that I was not meant to work for someone else,a friend gave me a poem that I want to reprint here. The author of this poem is unknown,and I'm sure some of you will have seen it and I'm sure a lot of you haven't. It was an inspiration to me when I first read it and I've kept a plaque of it for many years. The title is; 'Don't Quit'.



Don't Quit



When things go wrong as they sometimes will,When the road you're trudging seems all uphill,When the funds are low and the debts are high,And you want to smile,but you have to sigh,When care is pressing you down a bit,Rest if you must,but don't you quit.



Life is queer with its twists and turns,as every one of us sometimes learns,And many a fellow turns about,When he might have won had he stuck it out. Don't give up though the pace seem slow,You might succeed with another blow.



Often the goal is nearer than,it seems to a faint and faltering man,Often the struggler has given up When he might have captured the victor's cup,And,he learned too late when the night came down,How close he was to the golden crown.



Success is failure turned inside out,The silver tint of the clouds of doubt. And,you never can tell how close you are,It may be near when it seems afar,so stick to the fight when you're the hardest hit,It's when things seems worst that you must not quit. (Author Unknown)



Worth Its Weight In Gold!



If you won't quit,your faith in yourself and the goodness of God will see you through. Remember,with you and God,you can turn failure into victory.


Jalofg
Kaigangio
#9 Posted : Friday, May 15, 2009 8:14:00 AM
Rank: Elder


Joined: 2/27/2007
Posts: 2,768
@ mlefu,

I will only kick your damn balls for saving nothing from march after securities purchase and going against your signature/advise (Muthomi mugi aikagia maitho kabere).

As for the rest pole sana ndugu. It is better to die trying other than living and doing nothing...you gave your best shot...although things never quite worked out as per your desire you still have some motivation left...you just stumbled but never fell,so stand up straight and keep moving!!!


NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB
...besides, the presence of a safe alone does not signify that there is money inside...
Magigi
#10 Posted : Friday, May 15, 2009 8:20:00 AM
Rank: Elder


Joined: 3/31/2008
Posts: 7,081
Location: Kenya
Mlefu:

....ati papers hakuna? I think I read somewhere like you said you were in the UK for sometime. Usiseme kwamba ulienda kuosha choo tu peke yake... Any way,if you don't have genuine ones,walk down river road and buy for yourself some papers... Dont make a mistake of getting Harvard,MIT etc papers or else you will rot in jail...
slykat
#11 Posted : Friday, May 15, 2009 8:24:00 AM
Rank: Member


Joined: 2/20/2007
Posts: 359
@magigi

ati u encourage a jamaa to engage in crime,akishikwa n he is not a cholmondeley,utamtoa - atafungwa miaka saba! He might as well just buy an AK while at river road.....

magigi bure kabisa hiyo

When buying shares,ask yourself,would you buy the whole company?
Fundaah
#12 Posted : Friday, May 15, 2009 8:25:00 AM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
Pole ndungu,You are not alone,,even in this forum.. only that some do not want to wash their dirty linen in public.

I mean fundamental analysis,you get me?

Fundamental analysis of a business involves analyzing its financial statements and health,its management and competitive advantages,and its competitors
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
nanfor
#13 Posted : Friday, May 15, 2009 8:28:00 AM
Rank: Member


Joined: 3/6/2009
Posts: 172
@Mlefu,

sorry man.

Now that we have finished with the formalities. Get up and move on.

You have written too many negative things. You don't have papers but you took your finances to 1 million. That is your CV and no one can take it from you. Life is not a straight line graph.

So stop posting here. Get a pen and paper. Write down what you have. If the loan is too big to pay off,forget about it. Take what you have and build again. Sell that car as it will always remind you how stupid you are.

Just start doing whatever you did that made you the first million. This time it will come faster as you know what to do. But please stop writing negative things as there are children in this forum.
mlefu
#14 Posted : Friday, May 15, 2009 8:28:00 AM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
ati UK..wewe that was Mukiha..some 20 years ago....stuff about buying papers..well kirinyaga road has been and will always be my home,but i dont believe in such a life..buy papers..get a job..NO.

for the few kicks and maombi..thanks. thats what friends do.

muthomi mugi aiikagia maitho kabere...
Achiever
#15 Posted : Friday, May 15, 2009 8:42:00 AM
Rank: Member


Joined: 5/12/2009
Posts: 152


God help mlefu......

God redeem mRefu........

Now mlefu......when u r blessed

Pls call me for one.......

and shhhhhh..........don't tell wendz




don't worry....be happy
se7en
#16 Posted : Friday, May 15, 2009 9:02:00 AM
Rank: Member


Joined: 11/27/2006
Posts: 108
damn mlefu that some ish!! I wont even ask... yo already down but look on the bright side,now you know! so you'll have summ to write about and inspire others with on your way to the top! dust it off get up and start again! only with lessons learnt close by!
PS: jalofg awesome piece!
PS2: @mlefu you should look for see you at the top by Zig Ziglar...just started reading it... perfect match for yo situation
Cheers mate!

if you can not be kind,at least have the decency to be vague
speak softly and carry a big stick, you will go far... Theodore Roosevelt
danny6
#17 Posted : Friday, May 15, 2009 9:02:00 AM
Rank: Member


Joined: 12/4/2007
Posts: 313
sorry Mlefu are you sure it is not a typho error that caused all these?

'When one door closes another door opens; but we so often look so long and so regretfully upon the closed door,that we do not see the ones which open for us'.
Kaigangio
#18 Posted : Friday, May 15, 2009 9:04:00 AM
Rank: Elder


Joined: 2/27/2007
Posts: 2,768
Hey mlefu,why are you still having that ndinga if you still owe 400k? ama ni ya kuimpress leona?


NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB
...besides, the presence of a safe alone does not signify that there is money inside...
mlefu
#19 Posted : Friday, May 15, 2009 9:12:00 AM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
kagizzard.. ..that pride of 1st thing..like my 1st girl,my 1st time,my1st car..eats me up vibaya.. but again..why sell something worth 1.4 for 800K..if i do..then i will have not solved my management and cash flow issues..cld be the main reason nimestand still

muthomi mugi aiikagia maitho kabere...
ikonini
#20 Posted : Friday, May 15, 2009 9:20:00 AM
Rank: Member


Joined: 8/29/2007
Posts: 93
hehehe!!!

have you considered a divorce??

nini iko????
MAKE A CHOICE TO TAKE A CHANCE OR YOUR LIFE WILL NEVER CHANGE.
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