By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Youth Village KenyaYouth Village KenyaYouth Village Kenya
  • Home
  • Education
  • Employment
  • Entertainment
    • Celebrity News
    • Celebrity Interviews
    • Sports
    • Fashion
    • Politics
    • Tech
  • Opportunities
  • Health
  • Contact Us
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Meet Diploma Graduate Who Beat Job Loss To Start Multi-Million Company
Share
Sign In
Notification Show More
Font ResizerAa
Youth Village KenyaYouth Village Kenya
Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Youth Village Kenya > Blog > Business > Meet Diploma Graduate Who Beat Job Loss To Start Multi-Million Company
Business

Meet Diploma Graduate Who Beat Job Loss To Start Multi-Million Company

Editor
Last updated: 2016/08/01 at 5:55 AM
Editor
Share
4 Min Read
SHARE

Job loss is a situation that leaves most people broken, unable to move on with life. Some get stuck completely and resort to extreme measures. A few wallow in a desperate job hunt process that does not guarantee them success.

Fired

This however was not the situation for Ken Macharia, who once worked for a top telecommunications firm in Kenya as a civil engineer. Macharia was among the KenCell employees who were retrenched in 2007. The company has since evolved to become the present day Airtel Kenya.

According to an article that was published by Business Daily, Macharia now owns a solar-installation company that brings in 10 Million annually.

In addition to that, Tafsiri Energy taps only into the biggest companies in Kenya including Ole Pajeta-Sweet Waters, Masai Mara National Reserve, Olarro Camp- Masai Mara and Sawela Lodge Naivasha among others.

Mr Macharia says that his business idea came when Kenya’s energy regulations required that developers of residential and commercial buildings use 100 litres of hot water or more daily to install solar water heaters.

All was not easy however for the 29 year-old before he grew his company to what it is now. He revealed to Business Daily that he secured a job at an IT firm, Digitell Communications Limited, in Nairobi shortly after he lost his job at KenCell. At his new job, he coordinated installation of communication masts, a job similar to what he did at his earlier job.

At one point in life, he had to sell his car to get capital for his business idea. He used the money to purchase some solar kits that saw him kick off his business. He also reveals that his first ever contract was worth Sh1 million from businessman Amin Merali, the chairman of hotel chain Neptune Hotels. He was asked to install solar kits on one of his hotels, a contract which Mr Macharia viewed as a vote of confidence in his fledgling energy firm.

It is interesting that Mr Macharia only has diploma graduates for his firm, himself also being a diploma holder in civil engineering. He says he trusts his employees to perform a thorough work.

“I have a strict policy that my team of about six employees has to get the work done right the first time,” he says.

Just as any Kenyan who loses a job, it was not easy for Mr Macharia to change his lifestyle from an employee, definitely with a good pay to an entrepreneur.

He revealed to the national paper that he, for instance, was forced to change his mindset and attitude towards finances, work ethic, values and how he spends time.

For those despairing over job loss, Mr Macharia’s success is a lesson to go by. All you need is to twist your mindset to believing that life must go on, job loss notwithstanding.

You Might Also Like

Build a Powerful Online Presence with Paid Article Placement in Kenya

Corporate Governance Scores Drop Among Kenyan Companies, Says CMA 2023/2024 Report

Botswana Businesses Relaunches as the Premier Resource for Entrepreneurs and Business Leaders

10 Things You Should Know About Tom Gitogo

10 Things You Should Know About Peter Ndegwa

TAGGED: ADVICE, Business, entreperenuershhip, ENTREPRENUERSHIP ADVICE

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Editor August 1, 2016 August 1, 2016
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Everyone At Work Got A Salary Raise Except Me. What Should I Do?
Next Article Jobs Outside Nairobi -Stanchart Bank, NRC, MSF, Nova Academies & Gap Marketing Hiring
- Advertisement -

Latest News

Muthoni wa Kirumba Silences Rumours with Radiant Return to Kameme FM Morning Show
Entertainment May 12, 2025
Showmax Set to Debut New Reality Show Featuring Famous Kenyan Mothers
Entertainment May 9, 2025
Raila Odinga Reveals Slain MP Ong’ondo Were Confided in Him About Being Followed Before His Murder
News May 9, 2025
Former First Lady Margaret Kenyatta Steals the Show at County First Ladies’ Leadership Showcase
Life Style May 9, 2025
Burundian Socialite Dabijou Vows to Have Jamal Rohosafi’s Baby Amid Criticism from Kenyans
Life Style May 9, 2025
Grace Ramtu Flies Kenya’s Flag High at Miss World Festival While Championing a Cause Close to Her Heart
Life Style May 9, 2025
Michael Njenga Shares Emotional Journey of Recovery After US Hospitalisation
Breaking News May 8, 2025
Pritty Vishy Flaunts Impressive Weight Loss After Ozempic and Gym Commitment
Entertainment May 8, 2025
- Advertisement -
Follow US
© 2023 Youth Village Kenya By Nine80 Digital Media
Welcome Back!

Sign in to your account

Lost your password?