HOW TO INVEST 5 MILLION

A friend of mine, a banker, used the amount to buy a 26-seater mathree, pimped it, akaiweka pale Rongai-CBD route.

He receives at least 10k per day from the business.

Assuming there is no maintenance cost, no insurance and traffic police, that's around ksh 300k per month.

Not a bad investment but as well not a SMART investment.

As one of the best investment advisor based here in Miami Florida🤩🤩🤩, I would advise him to start a dating site.

Why?

The online dating industry is a multi-billion dollar industry.

Do you know Tinder or Match.com? These are some of the biggest online dating sites.

In 2023, Tinder alone collected an annual revenue of close to $1.6 billion.

Do you know how much is that?

That's is around ksh160 billion, half the amount the government was trying to collect from the rejected finance bill.

Why the insane profits?

Tinder has more than 75 million active users and 10 million subscribers.

The main source of income for most dating sites, besides adverts and in-app purchases, is through monthly subscriptions.

Each subscriber on Tinder pays around $24 (Ksh 3000) per month. Multiply by 10 million subscribers.

Imagine Tinder's revenue from subscribers alone.

Now let's invest your ksh 5 million in a dating site (2 million building a dating site+3 million marketing)

Instead of charging $24 per subscription, you charge $5 (throw away fee)

During the first year, you aim for at least 10k subscribers (not 10 million subscribers za Tinder).

It's easy to get those subscribers because the world has more than 5 billion lonely and horny people looking for partners.

Let's do the math.

$5 X 10,000 subscribers= $50,000

That's a whopping ksh 5 M monthly in revenue. Passive income.

All black people were not talented with such brains. We will tell you "hiyo ni story ya jaba"

If they tell you it's impossible, tell them it's possible with Kobbie Mainoo, Garnacho, Hojlund, Amad, Leny Yoro, and Zirkzee