FEATURED STORY

Chris Kirubi: How to learn from your failures and succeed

Share
Business mogul Chris Kirubi.
Share

Business mogul Chris Kirubi has revealed how cartels forced him out of the paint manufacturing sector and how he explored other ventures as he advised young people on how to learn from their failures.

“One major challenge I encountered when I embarked on the manufacturing of paint was when I found the sector was run by cartels where no big contractor would buy my paint,” Kirubi said in this week’s #AskKirubi episode.

“They were threatened by the big boys that if they bought my paint they would not get better deals next time,” he added.

Every Thursday, the business magnate spends three hours to interact with the young people using the hashtag #AskKirubi on Twitter. The videos are also uploaded on the Capital FM website.

“I honestly did not know what I was getting myself into but I was determined. In the last two weeks I have gotten over 200 questions and this has just proved how much the young people are yearning for information and advice to move in the right direction,” he once said on the website.

This week, he revealed how he faced a challenge in stocking his paint product as nobody was not ready to take them up.

“The few who took my paint were those who were bad boys and could not pay me and by the time I went to them they had finished the project and had walked away so I ended up with so many debts,” he continued.

“I learnt: you fail, you get up and you walk. You move on. I had the proceeds from the assets and some land that I still hold, so it wasn’t a total disaster. I moved on to new things that I specialised in which gave me the opportunity to succeed in producing other products,” he said.

Watch video:

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
KQ is set to have an overhaul of its board and executive wing
BUSINESSFEATURED STORYNEWS

Kenya Airways To Have Executive, Boardroom Changes

Kenya Airways is set to have a complete overhaul of its board...

kenya pipeline
BUSINESSECONOMYFEATURED STORY

Kenya Pipeline Company Reserves 2 Boardroom Seats for Uganda

Kenya Pipeline Company(KPC) released a Supplementary Information Memorandum and structural updates that...

Nairobi Securities Exchange activity slowed as foreigners took profits
BUSINESSFEATURED STORYNEWSSTOCKS

NSE Activity Dampen as Foreigners’ Exit Big Counters

NSE (Nairobi Securities Exchange) shed KSh 104.7 Billion in market value at...

Cooperatives & MSME Development CS Wycliffe Oparanya.
FEATURED STORY

SACCOs in Governance Crisis: Only 19 Meet Set Compliance Levels

SACCOs (Savings and Credit Cooperative Societies) that are licensed to engage in...