Bigchick wrote:I like this debate.Very enlightening.I look and sound very sharp in the evenning when having tea or on weekends at Kamakis
Meanwhile what is the ideal debt size.In business I know 60% to 70% is tolerable.
These is highly variable and is defined in financial mechanics as leverage, which in turn depends on the "moments of turn" around the fulcrum (center), or objective, or what the famous Stanford Prof. in Business Jim Collins calls your "hedgehog concept" i.e what kind of load are you trying to lift and have you taken the correct measurements, that's how the facebook guy came from a campus jamaa to a leading "billionaire".
In Kenya of course you will not find such sophistication in the financial sector, they want a bloti title deed, or log book, at a very high interest rate, more or less the same things a loan shark will ask for, but J.P Morgan bank which is historically an entrepreneurial, actually the first "knowledge bankers" have opened an office in Nairobi na kama una knowledge worth billions, try them.
Ras Kienyeji Man