I'd say if your company grosses in excess of 1M USD (90M KES)? 

On Wed, Jun 29, 2011 at 4:57 PM, Okechukwu <okechukwu@gmail.com> wrote:
Maybe, we need to define rich in this context. I personally think you
can become successful in ICT in Kenya today, but rich, I don't think
so.

./Ok3ch

On Wed, Jun 29, 2011 at 4:49 PM, Phares Kariuki <pkariuki@gmail.com> wrote:
> You can get rich if you build your product well and target non corrupt
> fellows...
>
> I agree, there are some who are corrupt, but there are several, especially
> in the SME space, who just want their SLA's met... It takes time to grow
> business, but it's more sustainable...
> On Wed, Jun 29, 2011 at 11:09 AM, Boniface <mboteb@gmail.com> wrote:
>>
>> Just get a product that Kenyans will give you 10 bob a day. Assuming half
>> of the 40 million feel good enough about the product to continue supporting
>> it and have the philanthropy. Then as webmaster says, go on and target EA
>> and beyond. Imagine how much money the betting companies are making. Just
>> reduce the cost to rope in more people and then employ a skunk to run your
>> simple office network.
>>
>> /Bonz
>>
>> On Wed, Jun 29, 2011 at 10:59 AM, Peter Muchemi <pmuchemi@gmail.com>
>> wrote:
>>>
>>> "One common trend I have noticed with these top firms is that they target
>>> the top end of the market, not the common mwananchi or SME."
>>>
>>> Reminds me of a time not long ago when Barclays and other banks closed
>>> branches in areas not considered "top end" enough.
>>>
>>> Gave rise to Equity, Family bank etc.
>>>
>>> It was philosopher and poet, Georges Santayana, who said "those who do
>>> not study history are doomed to repeat it.
>>>
>>> On Wed, Jun 29, 2011 at 9:45 AM, Peter Karunyu <pkarunyu@gmail.com>
>>> wrote:
>>>>
>>>> I think it depends on your target market and your definition of rich.
>>>>
>>>> If my definition of rich is the ability to buy a new $3499 Area-51 ALX
>>>> PC every month, then a number of ICT techies are indeed rich. You mean to
>>>> tell me that the nice folks over @ SevenSeas, CraftSilicon, AT etc are not
>>>> rich?
>>>>
>>>> One common trend I have noticed with these top firms is that they target
>>>> the top end of the market, not the common mwananchi or SME.
>>>>
>>>>
>>>> On Wed, Jun 29, 2011 at 8:33 AM, Okechukwu <okechukwu@gmail.com> wrote:
>>>>>
>>>>> I believe you can never get rich off ICT in Kenya unless you get
>>>>> dubious tenders to supply computers at 20k when you buy them at 30k
>>>>> and even fail to supply and pocket the money. And I decided to be rich
>>>>> so am leaving IT :-)
>>>>>
>>>>> ./Ok3ch
>>>>>
>>>>> On Tue, Jun 28, 2011 at 10:04 PM, Webmaster
>>>>> <webmaster@kenyanlyrics.com> wrote:
>>>>> > On 6/28/2011 10:00 PM, Mark Mwangi wrote:
>>>>> >
>>>>> > are you rich off this strategy?
>>>>> >
>>>>> > On Tue, Jun 28, 2011 at 9:13 PM, Webmaster
>>>>> > <webmaster@kenyanlyrics.com>
>>>>> > wrote:
>>>>> >>
>>>>> >> You must:
>>>>> >>
>>>>> >> 1. Target broad niches - Hypertargeting will not work for Africa.
>>>>> >> The
>>>>> >> rewards are too small.
>>>>> >> 2. At the very least, have a business that will scale regionally -
>>>>> >> Kenya's
>>>>> >> 40 million people will never put you in the Silicon Valley league,
>>>>> >> but East
>>>>> >> Africa's 142 million people could.
>>>>> >>
>>>>> >> That is all I have to say.
>>>>> >>
>>>>> >> _______________________________________________
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>>>>> >
>>>>> >
>>>>> >
>>>>> > --
>>>>> > Regards,
>>>>> >
>>>>> > Mark Mwangi
>>>>> >
>>>>> > http://mwangy.posterous.com
>>>>> >
>>>>> >
>>>>> >
>>>>> >
>>>>> >
>>>>> >
>>>>> > _______________________________________________
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>>>>> >
>>>>> > No, but I am definitely implementing this strategy. I am in the
>>>>> > process of
>>>>> > pivoting from KenyanLyrics.com to something broader.
>>>>> >
>>>>> > _______________________________________________
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>>>>
>>>>
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>>>
>>>
>>>
>>> --
>>> Regards
>>>
>>> http://www.software.co.ke
>>>
>>>
>>>
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>>
>>
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>
>
>
> --
> With Regards,
>
> Phares Kariuki
>
> | T: +254 720 406 093 | E: pkariuki@gmail.com | Twitter: kaboro | Skype:
> kariukiphares | B: http://www.kaboro.com/ |
>
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--
With Regards,

Phares Kariuki

| T: +254 720 406 093 | E: pkariuki@gmail.com | Twitter: kaboro | Skype: kariukiphares | B: http://www.kaboro.com/ |