Njugush Buys a Matatu. A good move or a Huge Mistake/ My reaction

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[@user-hx9wx7yl1j]

Njugush is a very strategic investor...he will make more money from the content than the actual business. The Mat is already trending...

[@gignationkenya5993]

Hebu siku moja tuchanue na utu tududuu twa uber na bolt, hao wanafanya biashara ama wanasaidia Nairobi to move on

[@CHOPPASTRINGS]

Business is always good when you are there when it is running hii nayo haufai kuambiwa na mtu. Unless you have a trusted system and good managers

[@muitaimewawaruiru1005]

Every business is a risk, low hanging fruits are good to reach at but we all do our best..

[@YesWilson]

Njugush is a brand,I think he is Super metros ambassador for marketing purposes.

[@manchesterunited6715]

So better kubuy plot na kujenga nyumba za mabati ka mia moja 😮😮

[@nochenjeru3529]

hapo kweli

[@muiru100]

Support you 300x

[@dipsy405]

If you own the plot, Jenga TU na mawe, weka biodigester and make sure they are all self contained. Rental income will be much higher, fire risk almost non existent and you'll never need to do major repairs apart from a few plumbing works and painting once in a while which still applies to mambatis. Unfortunately mambatis will attract the lowest in the Society which will make it very difficult for you to deal with them as your tenants. There's nothing more difficult than getting money from poor people. Building costs are almost the same if you do a simple mambati roof on the stone houses.

[@josephinemusau4887]

Exactly

[@mashatheeofwallstreet.5662]

😂😂😂

[@davidwalker2144]

Guys! No worries everybody has his timing, season, fate: my brother likoni has 7 new mats (pimped)he says: "Business it's like faith in good day mashallah in bad days mashalla!" God is great😂

[@pmuoki]

Miano, your videos are priceless. Thank you for what you do.

[@mianomuthii]

I appreciate that welcome

[@kabuthakabutha9472]

I second you

[@mbugua_brian]

@@mianomuthii miano please need you on my finances tafadhali

[@mianomuthii]

@@mbugua_brian how can I be of help sir... Call or text me on 0704427181

[@AfricanAnn]

This cuts across,mpaka tuktuk,pikipiki ,matatu😢 Nilikuwa nazo zote mpaka nikanyoa nywele juu ya stress khai!

[@ungwarodamu]

I own two citi hoppas and this I must say is a very challenging business. All that was said is on point. If there were no karao,kanju and boys cartel hiyo pesa anaweza rudisha speedy. Karao and kanju wahesabie atleastt 2k per day. Ukishikwa na kanju and they take u to the yard huwezi too Gari huko without 15k. Better kushikwa na karao kuliko kanju. He is already in it so wacha akuwe na experience yake.

[@gleeventures9676]

This guy's analysis is on point, I was here 6 years ago and I tell you, it's a good venture ya kulose weight juu utapigwa na depression ukonde ubaki kukufa. I thank God I overcame all the trauma...

[@Wanairobi]

Wah! Nilitaka kuingia hiyo biz lakinin labda nifanye more research. Thanks for being honest 🧐

[@deniswxyz]

Very good video, nice description entertaining and educational. I am a subscriber now

[@stonedestone2050]

I like this Guy.. quite informative indeed.

[@kenmakau001]

wow this eye opening madze, ebu nikupe sub man.

[@Pablitonyangs]

You seem to have a deep understanding of this subject. Your knowledge is truly impressive. Everything you have shared here appears to be accurate and well-informed. Good job.

[@mianomuthii]

Inaitwa experience 10 years now....

[@mianomuthii]

Thanks 😊

[@blackhibiscus1876]

You guys. You are very informative. You earn my sub. Keep up the good job.

[@nelsonomondi8452]

I like the way you bring clarity on this topic

[@kinuthiakinuthia2000]

Hapo kwa management is very true those are the biggest beneficiaries

[@lukesmith3172]

Very good analysis bruh..

[@debrashee]

that's a good analysis

[@derrickmulandi9165]

Again kuna rules pale stage...before ven gri yako ibebe watu pale stage...kuna line and kna gari za sacco man zil ni first priority...yako inakuwa very limited to get the number of trips you wanna target to make money.

[@injiikaga1356]

Build rentals.if no tenants the house is still yours.you can keep pigs or poultry there.no tennant will pluck a stone and more away with it when they vacate

[@stellahwanyoike7865]

Ati you can keep what😅😅😅😅😂😂😂😂🤣🤣🤣🤣

[@pishadventures]

With that kind of reasoning, you will never take any risk, every venture has an inherent risk, you choose your risk

[@mianomuthii]

With my kind of reasoning we take calculated risks...

[@africangirl189]

My brother also tried this business the thieving his makanga and driver did to him wacha tu 😂 its one of those businesses he never mentions he has done 😂 alionyeshwa kivumbi wacha tu 🤦🏿‍♀️.

[@giddyakali27]

This is true. I invested in matatu and regretted

[@Play_Streams]

Now these are the kind of facts you need to make an informed decision

[@fredrickkimani9230]

Best information on matatu!

[@DavidWanjohiirungu]

Wow... that was a nice breakdown..

[@mianomuthii]

Appreciate it!

[@kahugumuiruri9057]

Super Metro is a good sacco, thats the end of the story. For the maths, 3 years you are ambitious, to get the 7m back will be 4 years at best, if we do time value of money, 5 plus years. Thats assuming he never gets into headwinds. The business favours those with several vehicles but one vehicle even with all factors constant, its not possible to be in comfort. I do a gig for an investor there and he told me he is in it for the cashflow not returns. One vehicle may even not meet Njugush's upkeep.

[@stephenmwata7977]

Very informative

[@lord_bii]

hii sasa ndo info nlkuwa nkitafuta..asanti mkuu

[@user-ol6jv3tf6v]

Hey boss unanunulia wanaume gari ,uliza ujibiwe kuhusu matatu,most matatus wont service loans.utakulwo ushangae....walikula kenya bus,nyayo bus hadi scrap....wakenya u get 7m in 37mo nths .....

[@tandyoula8974]

Wow wow Miano very well presented, what a good research and results . This is really a priceless information, that will help a lot of us .

[@mbugua_brian]

i knew you from wicked edition en the moment i get my money right miano you in it.....👊🏾

[@mbugua_brian]

naeza kupata aje tafadhali

[@user-op7zq2cn2j]

Having worked in matutu industry,i understand wat ur talking about bro,good advice

[@UncleJ-526]

Kuna vile unamake sens🎉🎉🎉

[@wabbzykreations]

the hallmark of this video: for njugush to survive he needs to leverage on his "name" and the bus will be on biz on all seasons; this may be a nay or a yay, akipenya, mashallah most content creators will dive into this biz coz he will be a flag bearer, apparently entrepreneurship in Kenya is copy pasting, no innovation, otherwise akiflpo he will go into rentals or full on farming as he says

[@geekcabin]

Super matro was a good choice for a sacco.It has royal customers.What Njugush should do is ensure his matatu driver is smart.He should maximize on morning and Evening trips only .During the day anaiweka parking.This means tear and wear will be greatly reduced and also story za kushikwa hazitakuwa

[@mianomuthii]

hizo ni story za jaba... the person who manages how the matatu moves ni Driver and tout.. No matter how much you try you cant control that especialy ukiwork na targets

[@reine924]

Loyal. Not royal😊

[@danielkagori-nc5qx]

Super Metro management are dictators 🤔🤔🤔

[@fk8395]

Wear and tear not tear and wear😂

[@mianomuthii]

@@fk8395 ilikuja na meli 🤣🤣🤣

[@danielnjoroge8724]

hapo umeniokolea na that info.was thinking of following njugush foot steps

[@nochenjeru3529]

ugepotea sana heri you buy land for agriculture plant hass avocado

[@fredrickkimani9230]

Same with car hire business bure kabisa!

[@nickngunjiri4282]

Good information, well explained and it seems you have insiders information.

[@mianomuthii]

As I said been in the matatu industry for 10 plus years now

[@ngunjirigitahi8261]

Miano is OG of matatus..listen carefully

[@bellini2535]

This Moano guy has saved the day on more than one occasion.

[@sarahndeta3763]

Let me hold on as i wait for our Deal to be ready,dont want to think in any other Line of Business

[@gw7768]

..as someone who has done asset financing in a bank, i will advice people to listen yo you very carefully where this industry is concerned...btw banks hate repossessing commercial vehicles, they are not easy to get rid off. They'd rather only fund the viable ones...

[@mianomuthii]

and depreciation is very high

[@shelmithwairimumuthii1964]

Good content

[@kelvinogachi7220]

Now I know why my Father's investment in a matatu flopped.

[@user-ol6jv3tf6v]

Kindly never be an absentee playa in any business ventures,the saccos are individually owned n operated whereas saccos are group things,a right to choose people up there as management,if this so business makes money,u think most Kenyans will show u where money is..,unapiga hesabu ya daily,monthly then annually as if it's a must.....redflag kibao bn there done that think twice when deal is good.,..

[@TheRonoTV2024]

Sometimes I feel Kenyans are shallow minded. Wakipata pesa kiasi the first things they think they can get in is matatu business,joining politics,opening a hotel, kununua 50/100 plots etc.😂 Why dont we think of building industries like wahindi and any other unique and underexplored businesses?

[@mianomuthii]

i lke your thinking process.. So much money and effort is lost in this businesses

[@inshallah4777]

You seem to forget those wahindi ndio wamedominate kwa long distance buses Look at Simba coach i will keep on saying there is no business that is worth it without a risk

[@mianomuthii]

@@inshallah4777 two different things here.. The Wahindi have figured out how to be successful in that by creating very efficient business systems and models there.. Transport and logistic business is awesome when you figure out your own business system.. Like those Supermetro guys trust me they walk laughing to the Bank but the officials..And for more clarity there is supermetro sacco and super metro investments in there and the founders wueh those are Minting Money. We peleka gari utakaskia tu

[@254NOMAD]

​@@inshallah4777Simba is a company. What Miano is talking about is a Sacco. Owning a company like Simba,Transline etc you manage your own money but Sacco you are being managed that's why Those Companies are on top of the game.

[@ncba]

Are you Ugandan?Try that then tell us.

[@kajairokajairo2271]

Any business where a motor vehicle is expected to generate revenue is a very risky one in Kenya. There is a lot of frustration from drivers, mechanics, authorities and asset financiers

[@edwinmaywa]

I think the people that benefits alot are the sacco owners hao ndio waaakula asali na maziwa

[@junia_254]

Last year I wanted to buy 2 bodas, after kufanya math ya cost yake, service zinaitajika, economy vile ilikua,I just added some amount nkanunua shamba nkaange na title deed kwa mfuko😂😂😂😂

[@onebodychannel7270]

🎉🎉🎉hii video ni kali

[@mianomuthii]

Thanks 🙏

[@Csirdirected]

Njugush will thrive where others failed, in Jesus name

[@mianomuthii]

Amen

[@duncanmondesto3252]

That's why it's advisable uchukue na loan. You get 4k. A day, the other inaenda kwa loan. Na deposit ya 2Million. By the time hii 3 years Jana Isha umekua uko Kula na gari inaji lipa

[@dipsy405]

Hio deposit ya 2k will never be repaid. With loan, it's even more difficult to make the money. Because you'll be making repayments whether your car breakdowns or not. Been there done that.

[@diddiousdenali]

I used to be in the business I can relate it’s a little challenging but ukitaka great investments ni kuget manyanga hizi revenue uwa 30-20 k a day but Lazima you pimp the ma3 kabisa and put on specific routes

[@travoxworld9839]

Miano nilikua nimeingia kwa biashara ya transport though mimi nilikua nimenunua tuktuk through asset finance. Hizo vitu zote unasema ni ukweli cz nilikua nimeambiwa itanipea 1500 per day lakini hiden expenses nilipatana nazo wacha tu. I ended up selling it kwa bei ya hasara. Hao official wa sacco ndio mostry hubenefit kwa hii industry

[@Mainneli]

Getting 8k per day after your vehicle imepiga milage ya 400km per day Ni ujinga Fuel unapata imekunywa 15k Sacco wamechukua almost 5k Dere na donda 2-3k Kanjo karao maybe on a good day 500 ksh kama haujashikwa Wewe unabaki na 8k and you are the one supposed to service the loan and the vehicle People in matatu business either have other business or wakona fleet some of which are fully paid for. Wewe ingia uone hata 1 year haitaisha before uchotwe

[@paulthogo9607]

Hapa kwa 400km inakunywa 15k ni uongo and it's very hard kwa matatu kukunywa mafuta nyingi kuliko pesa yenye inaweka, I have experience over 15years

[@Mainneli]

@@paulthogo9607 I have personally seen the super metros plying kangundo road zinakunywa 20k Squad Moja ni 100kms from cbd to malaa & back 😂 Fuel economy ya those NQR buses hukuwa like 5km to a litre they are just lorries Hi si stori ya Jaba ni fact

[@Mainneli]

@@paulthogo9607 experience in driving ?

[@samuelmuindi6714]

Very true I tried hady nikainua mkono

[@dvjarikaofficial839]

Authentic

[@AfricanAnn]

True that, when I sold mine,i slept like a baby wueh!

[@dapi90]

Or maybe they made this investment for the son. So basically pesa yote wanaget inaingia trust ya mtoto. But matatu bado depreciates very quicklys, so still not a good move. Hiyo pesa angecheukua aende bank achukue loan ingine ya 7 mil, total 15 mil, ajenge bedsitter ajab na ijilipe polepole.

[@therealsolokenya]

informative

[@jk-yr1rx]

Matatu is very profitable business ,we have own matatu since i was born , my dad bought second hand matatu around 800k at thr time and now we have 14 matatus .

[@mianomuthii]

Awesome..that's great

[@wamuyumwaniki4669]

Your content r very educative..,😇 would u mind touching on Uber business

[@simonwainaina7360]

I can see why Muigai of Eldoret express shifted to chopper business.

[@anthonygachango8543]

Tell kenyams i have been in matatu sector for 14 years but it requires patience

[@yJe461]

We're assuming gari inaenda job everyday but of course kuna siku ya service 💀. But let people do what they want

[@mianomuthii]

Yes...

[@dennismenace5174]

The other problem that I see with this business, after the end of getting your money back, (after 4 years or so) the vehicle will be worth like 2 million😊😂😊

[@tosh313]

New vehicle,you can only pay 5 percent deposit,so hiyo around 6 million will be paid by the business,two if you give up after repayment,yo you will have more than 4m from the sale of the car which you didn't have initially,so take note you cannot buy a plot initially but now you can now own a plot, deposit another car while yo develop your plot

[@mianomuthii]

food for thought

[@joe6680]

You seem to have some experience on different hustles... which could be the best 7m business today ?

[@miltonochieng6621]

I couldn't have put it any better I tried and failed badly what you are saying is very true.Was worried everyday cos for it to hit the road till evening without receiving a phone call of issues mechanical, police, accident was dream.

[@mianomuthii]

anytime ukireceive a phone call Maji kwa Tumbo.. Hectic

[@tosh313]

Ukiiweka gari Kwa Sacco bonoko,uliza watu mololine na super metro,na wale wako na Noah bila psv insurance, inspectorate inachezwa chini ya maji, police chini ya maji na Sacco ,hakuna story ,ya police na kanjos

[@kevinmbuthia6019]

I wanted to join this indurstry but after doing some research nikagundua hii biz iko na wenyewe. Not unless you have your own sacco. Hii ni moto ya kuotea mbali.

[@paulthogo9607]

Sacco huwa si ya mtu ni ya members na lazima wakuwe atleast 30 to make a sacco,, maybe ufunguwe company kama eldoret express

[@kevinmbuthia6019]

@@paulthogo9607may be that. Heri hao 30 waanzilishi kuliko wale huleta gari baadaye.

[@kimms25]

I didnt hear anywhere the biggest expense fuel metioned is the 9000 revenue per day after fuel because that changes everything.

[@iNduati]

Yes, it's after fuel.

[@Zzqs9c]

Wachana na hesabu za watu wewe piga zako silently kila mtu akifanya any kind of a bizz be sure he or she has done research 💯 so ako ready to face the anything wich might come on the way upuss yako

[@ring-tone278]

And how much do you spend on those thieves who stand at the bus stop as kamjesh, and the other ones with a white hat and yellow jacket, who stand on the road? Invest in matatus at your own peril. Everyone else benefits at your expense. A fool's investment. Go buy a plot and build. If you are unhappy you can sell it.

[@gitongafrancis8779]

😂😂😂😂😂😂😂😂

[@salattito2446]

😂😂😂😂

[@Gri4-kw5hh]

But ingekuwa manyanga angekula 12k fiti sana but super metro Io n 9 k

[@victorosong132]

Motor vehicles never appreciate.

[@mc_nyerere_evans]

Tuseme it runs smooth, 3yrs Iko sawa. Plus also kuna resale value ya hiyo gari tuseme 3.5m resale value ya gari. Uko mboka mbaya sana...

[@mianomuthii]

Yes

[@fitnessmadness9193]

Ukitaka kukulia labda uwe na mat kama 30 ufungue Sacco yako .

[@benchase254]

Kutoka niskize story yako about matatus and how saccos cars are the priority, I will never own a matatu unless I own the saccos, and the stage

[@mianomuthii]

or create a company as the Long distance ones.. Being in control of the shilling is the secret

[@paulthogo9607]

You cannot own a sacco maybe you own a company

[@KIM-xl6zs]

Mimi nishakuwa na matatu, nilisema tena, siwezi, nilipewa headache vibaya sana, siwezi rudi tena

[@Musheneneko]

Transport is no go zone .... Ukitaka pressure na diabetes

[@patrickmaina228]

Facts

[@AboveandBeyondAviation1]

Great insights.. that's a good analysis. But Njugush seems to have a good financial muscle. The only mistake he can make is to venture into the field without enough knowledge or without a reliable network in the industry. However, the baseline is that the matatu industry is not a joke.

[@mianomuthii]

Yes we pray for success and if he can leverage the matatu and have more income streams with it the better..but on its own ni balaa

[@AboveandBeyondAviation1]

@@mianomuthii ..yeah sure🙏

[@reaganotieno2521]

Maybe he is using it as a marketing tool, not necessarily to regain back that money. But the points you gave are very valid.

[@mianomuthii]

yeah,, as an online personality he has lots of leverage but also lots of influence where other people may think the matatu business is easy so its neccesary to highlight the challenges you expect to face

[@kimarugicho3685]

True

[@brianmureithi8403]

Na izi nganya kunaendaje iyo 10-12 million wanarecover aje

[@oparfriedrich]

It better ange invest on school bus hiyo gari itakua ngumu kuchapa.

[@user-rh1es7cc4y]

Njugush ashapiga hesabu yake io mnapiga ni ya gari zenu

[@mariemaina8355]

😂nyinyi hapa comment section mko na lame mentality tu😂let the man be, God has a way for him 😂😂what didn't work for you, your relatives, friends will work for others 10000000x better.

[@armstrongwambua]

Hii iko chonjo

[@cmjackson2146]

review iko fiti..

[@mianomuthii]

Thanks 😊

[@collen7206]

Miano, your videos are marvelous. Congrats. Next time, research the pros and cons of the car hire business where investors, invest in the so-called car hire companies.

[@dipsy405]

I once had a 14seater matatu on route 115 from limuru to Nairobi. I had brought it locally used, for 1M in 2012. It really taught me alot of life lessons.

[@mianomuthii]

please share a few

[@dipsy405]

@@mianomuthii well here we go. 1) the biggest beneficiary of a matatu venture is the driver and his tout. Unless you're driving it yourself, most of the convenience and resources from the business are enjoyed by the driver. 2) the rate of wear and tear = or sometime is higher than the returns on investment. Personally I had thought that buying a locally used one in good condition would save me money but within the fist 6months the engine had already overheated and needed expensive overhaul. 3) the matatu will be the biggest source of stress in your life. It doesn't matter what else you're going thro but the stress from the matatu will be much higher than your all other stresses put together. 4) whether you buy it new or used, or how well it's driven, it'll always need repairs.

[@mianomuthii]

@@dipsy405 cant add more brother

[@Emgee101]

💯 drivers are the biggest beneficiaries. If you have a bad one you are finished! I own a commercial vehicle moving from malindii to congo. One driver used to use the truck to give new drivers experience driving the truck while he slept at the cabin bed. Ofcourse he used to charge them. Then me being a new owner he siphoned 100s of thousands kshs worth of diesel over the few months he worked with us. Transport like all other businesses is quite challenging and right of passage is the character development you'll likely get.If you don't sink the first time you only get stronger. I'm about to finish the financing and going for a second truck. Mind you this is A brand new actros trucks from dt dobie. So my philosophy is if can afford it go for new always. Expensive yes but other than the scheduled.service the only thing i deal with is tyres and punctures...

[@dipsy405]

@@Emgee101 waa.... Ati giving new driver's experience and charging them as he sleeps, then sells fuel? Passive income at its best.... Aki ya mungu this world is not our home.... 😭😭😭

[@kagamedimaria4787]

Ile mambos matatu zimenifanyia siwezi taka kuskia matatu kwa maisha yangu

[@EdwinMutwiri]

I agree with our brother Maina if you are looking at it from a income perspective then probably you'd be right. but I don't this is the case. If all you have is hammer everything else looks like a Nail. Here is my two sense, Njugush is a genius at what he does. Remember, first of all, he is master content creator and he wants to diversify his audience from digital and to secure his fans further. The matatu is completely decked out and I am sure he will be playing his content and advertising brands within so basically he's a moving billboard. This is where he sees more of his value. Secondly, this is Njugush we are talking about not me or you, so I am pretty sure he has leveraged his influence to management of the Sacco and so gari yake itachungwa kama mayai as a PR play for the Sacco and for Njugush t make the most out of his investment. What we should be calculating is how may people will have interacted with his content for the next 37 months. what's the return on that investment.

[@SuperBayara]

Now you are reaching

[@dennisagola5090]

Speculation no one has facts!!!! The guy has facts.

[@silasngetich5571]

I second you. Njugush went to the industry for advertising. He will capitalize on it.

[@Eduvaggah_1]

Unaongea ukweli kabisaa

[@jeffmwaura8575]

Na za Karau haujaweka. Atleast 400 per day for 33 seater. That is 30*400=12000 per month.

[@mianomuthii]

Hiyo dere amejisort

[@Pablitonyangs]

I had previously purchased a supermetro, however, I decided to resell it within a month. It was a stupid idea.

[@mianomuthii]

the Top people are the ones making a killing

[@Pablitonyangs]

I barely achieved the 9,000 target. Most days, you pay out daily revenues. However, the sacco remittance must be paid.

[@mianomuthii]

@@Pablitonyangs yeah happens to the majority of us...

[@jaredaliaro4487]

Some questions are answered when you see the results.

[@moitopgear]

Great insight @mianomuthii I used to sell music mixes to mathree and almost all the kondas were saying even if they get millions they can never buy a matatu....There was another instance where the owner who was rumoured to be a karao was given 4k the whole day akasema anakulwa akafunga dere na konda na they tried to tell him job iko hivyo but he didn't get...In summary, research indepth in any venture

[@user-ol6jv3tf6v]

Kindly elezea cartels in system....be frank hajawai Fanya biz ya mat