Three years ago , I withdrew all my savings and borrowed more to finance a business idea. The venture involved importing refurbished Tablet-PCs from U.S and reselling them across the country. Based on my projections I was bound to make obscene profits and quit college in a year to concentrate on the business.
Unfortunately this never happened. The costs involved in importing the first batch were very high, made worse by the fact that two days after receiving my shipment Safaricom rolled out their batch of Tablet-PCs which were cheaper and superior. I didn’t manage to sell even a single gadget. My entrepreneurial aspirations were bashed. I lost all my money and had to toil hard to pay off the debts.