KIMAROSE ZAMBIA

 Quick question: What do Walt Disney, Sam Walton, Steve Jobs, Richard Branson, Dave Thomas, Larry Ellison, Michael Dell and Bill Gates have in common, apart from the fact that all of them are in the entrepreneurial hall of fame? The answer: none of them had a formal education. Not one of them graduated from college when they should have (it’s another thing that some of them have been awarded degrees later). In most cases of successful entrepreneurship, it looks like success in entrepreneurship has no correlation to education. The real answer to whether or not education makes a difference is tricky. Surely, though, the right kind of entrepreneurial education puts entrepreneurs through a better conceptual framework, introduces concepts that are necessary for entrepreneurship, and introduces you to the world of business. So, education has its place but is certainly not necessary for success in entrepreneurship. According to Saras Sarasvathy who conducted research by sampling about 30 ...

 Capital raising is by far, the most important skill that any entrepreneur needs to master. We all know that the lifeblood of any business is … the money. If your business is just an idea, that has the potential to take off and become a runaway success, then you’ll need money to get to market and make sure that everyone knows about your business. If your business has just started, and you are doing something right, you’ll need more money than you have on hand, in order to grow. Either way, you’ll need to master fundraising, an incredibly important part of building and growing, a successful business. Often people want to raise money because they think it’s cool or easier, to be a venture-backed startup. It’s not. You’re selling a portion of your company. You shouldn’t do it unless you absolutely need additional capital to bring your vision to a reality. It has never been less expensive to have an idea, build an MVP (minimum viable product), and test it to see if it has traction. How...

Launching a startup is not an easy feat in Africa, and many entrepreneurs who go it alone find they may not have the necessary experience when it comes to running other areas of the company, such as small business cash flow. 4 in 10 startups will fail within their first 3 to 5 years of operation, and one of the most significant contributors to the high failure rate is an inability to manage small business cash flow. It's exciting to get the ball rolling and see your ideas take shape, but it can be easy to lose focus on your financial stability during those first critical months. In this article, we will talk about what is cash flow management for startups and provide 6 cash flow management tips SME owners can apply to their business. If you are ready to learn more please sit down and make yourself a cup of green tea and enjoy what we are going to explain to you in this article. We have decided to share with about this, after visiting different countries like Tanzania, Botswana, Sou...

These five steps will help you toward a safe, secure, and fun retirement Retirement planning is a multistep process that evolves over time. To have a comfortable, secure—and fun—retirement, you need to build the financial cushion that will fund it all. The fun part is why it makes sense to pay attention to the serious and perhaps boring part: planning how you’ll get there. Planning for retirement starts with thinking about your retirement goals and how long you have to meet them. Then you need to look at the types of retirement accounts that can help you raise the money to fund your future. As you save that money, you have to invest it to enable it to grow. The surprise last part is taxes: If you’ve received tax deductions over the years for the money you’ve contributed to your retirement accounts, a significant tax bill awaits when you start withdrawing those savings. There are ways to minimize the retirement tax hit while you save for the future—and to continue the process when that ...

   Few weeks ago, thousands of bright-eyed, ambitious graduates  walked out of universities (CBU, UNZA, Cavendish Unilus, Royal and many more) halls of institutions of higher learning and into the larger world. Among these graduates will be the next generation of innovators, founders, entrepreneurs and small business owners not forgoting also those who will be looking for employment on a daily basis. These adventurers, some armed with well-defined business plans and others with nothing but dreams and moxie, are determined to follow the road less traveled and carve out their own unique career paths. But before turning down a steady job or packing away the interview suit, let me  evaluate if they truly have what it takes to start a business. I  asked business experts, economist and entrepreneurs, many of whom started their first business right out of universities, for entrepreneurial advice for this year's graduating classes. Here are some of the key lessons they ...

Thinking about going into business with someone? Be sure to weigh these pros and cons first. Perhaps because of the uncertain business climate, more people are deciding to pool their talents and go into business together. Their entrepreneurial impulse is to be applauded. The advantage of going into business with a partner is being able to make the most of shared resources and complementary talents of others in a new enterprise. But going into business together is more than just two people with complementary talents "teaming up" to work together and there may be legal implications. Over the course of my journey, I've been personally involved with a number of good partners, but I've also learned some valuable lessons from arrangements that didn't turn out so well. One of my initial partnerships went sour as a result of my partner obligating our company for services I knew nothing about. In the end, this was my first real experience in "business divorce," t...

Entrepreneurs create businesses, businesses create jobs and people with jobs make good customers There’s been a lot of talk lately about the future of work. Much of the time, these conversations are fueled by the anxiety many of us share as we try to understand the impact new technologies have on our industries. We tend to reduce these discussions to binary arguments -- how smart machines are doing extraordinary things to improve our lives, or how this or that innovation will make human labor obsolete, creating a jobless dystopia. Both conclusions strike me as somewhat specious. It’s not that these concerns aren’t valid, but they oversimplify a more complex phenomenon. Why do entrepreneurship and innovation fuel economic growth? On the surface, the answer seems intuitive: entrepreneurs create businesses and new businesses create jobs, strengthen market competition and increase productivity. In Africa entrepreneurism is part of our continent identity and self-image. It’s non-partisan, t...

STRATEGY TO HELP YOU GROW YOUR BUSINESS REVENUE. Start by having the courage to take a big swing. As entrepreneurs, we’re always itching for growth. Although we love looking back at all we’ve accomplished, what truly excites us are the milestones ahead. The problem is that business growth is not constant. There are hiatuses along the way, and if we don’t see the bigger picture, we can get lost in the patches of shade and twists in the road. What’s more, there are challenges that make us question if continuing to fight for our dreams of success is really worthwhile.   The key is to keep focused with the right mindset and growth strategies in our journey. Here are four to add to yours. 1. Practice the "10x > 10 percent" growth mindset A lot of people take a few cards from the deck of life, shuffle them around, and play the “safest” ones. The result is that they get the security they crave, but that’s all. They’ll never experience what it’s like to live their wildest dreams o...

 What To Do When Your Family And Friends Do Not Support Your Business.   Starting a business is tough. Starting it without a strong support network in place? Even harder. It’s natural to feel that friends and family are supposed to be our biggest supporters – the ones believing in us when nobody else will. That they should back us up on whatever we set our minds and hearts to, because they love and care for us. Unfortunately, with any major life change, this isn’t always the case. It can be incredibly demoralizing when we reveal our entrepreneurial intentions to those closest to us, and they ultimately shut us down. For many aspiring entrepreneurs, it can cause them to withdrawal from their idea completely, shelving it off into the back of their minds forever. Yes, at times do it without even them knowing what you have started. For your sake and for your family’s sake, do not let that be the case. This painful hardship can be overcome, and in fact, you may even be able to turn...

 You started your business, I guess it’s for two reason.... 1. To do something you are passionate about. 2. For financial freedom  All of us are smart, driven people, really smart, really driven but there is always a little problem, 8 out 10 businesses fail and the number one reason they fail is lack of profitability. You already did the hard work and brought an idea to life that didn’t exist before and you went magical to create a business. If your business is not putting profit in your pocket, then it could be time to stitch up your idea, seek out answers, realize that they may be a different way to do it and admit you may need to change your strategy. If we can brand it! We can Market it. profitable business  in Zambia develop new strategies in African. 

 Alright let's cut the fat, most of the business content we see on social media pages just sucks.  So we decided to conduct free trainings on how to use social media for business @ JASPIN CENTER FOR ENTREPRENEURSHIP AND MENTORSHIP ZAMBIA for quite sometimes now...  The aim is to help young entrepreneurs and  business owners to act more professional online.  One of the challenge most business dont survive online is because they are too busy with so many activities that does not move needle in their line of business.  They want to be sales person, business manager, page content creator, page manager etc and also manage their 9-5 jobs😬🤦‍♀️ Creating content for the page will obvious be a problem because you are already exhausted with some other activities...  Through training sessions our team realised that we have people who not only need trainings but also a team to manage their social media business accounts.  ................................. Ho...

 Happy New week and have a good health as you read this "Screening will NOT and cannot lower the cancer cases. Machines and foundations will not stop cancer from spreading! Screening is just getting people who are already sick with cancer. The solution is targeting the people who are NOT sick and teaching them on the way forward so as not to contract cancer. It is senseless to only wait and act on people who are already sick." "there are many people who are going to India. A friend who has been going to India for the last three years because of cancer told me 50% of people in the cancer clinics in India are usually africans. Sadly, many don't make it even after these treatments, this is the bit that we are never told. The problem in our countries is over consuming wheat, animal protein and Sugar.Wheat has a protein called gluten which is the mother of all problems in the immune system. These 3 also aid and encourage the cancer cells to thrive.They also aid the other ...

Quick ways to make money from any business Businesses that solve today’s relevant problems are those that will create quick wealth in business.   Not all business owners are wealthy and starting a business does not always guarantee success, as there are only a few business owners in the world who have been able to elevate their businesses from the ground up. There are three things you must do to create wealth quickly in your business. Have a wealthy mindset. Understand how wealth is created in a business. Be in the right business at the right time. 1. Having a wealthy mindset A mindset is defined as a way of thinking about yourself, other people, and the world. It is what you believe about yourself that affects your level of success. There are two kinds of mindsets in the world – the fixed & poor mindset – the growth & wealthy mindset. The fixed mindset is that which is formed from childhood. It is the mindset developed during our most vulnerable and naive years. This minds...

 Useful when you don’t have access to a sink and some soap, hand sanitizers have become a hot commodity in the face of COVID-19 in Zambia. In early 2020, as the outbreak of the novel coronavirus,  covid-19 spread, hand sanitizer sales began to grow. By March 17 when the minister of health Dr Chitalu chilufya upgraded the out break to a national pandemic. Health agencies everywhere recommended that people refrain from touching their faces and clean their hands after touching public surfaces like door handles and handrails. The first Zambia case of COVID-19, was detected mid March. 2020. According to ministry of health zambia, hand sanitizer sales in the Zambia grew to 73% in the 4 weeks ending April. 22. Trade Kings and others big companies  made this story and all of its coverage of the coronavirus epidemic freely available during the outbreak to keep the public informed into Zambian Media like znbc diamond tv etc.   Signs have begun to spring up on storefront d...