{"id":731,"date":"2019-05-18T18:50:44","date_gmt":"2019-05-18T18:50:44","guid":{"rendered":"http:\/\/nyandarua.com\/home\/?p=731"},"modified":"2019-07-28T17:17:06","modified_gmt":"2019-07-28T17:17:06","slug":"blind-duplication","status":"publish","type":"post","link":"https:\/\/nyandarua.com\/home\/blind-duplication\/","title":{"rendered":"Avoid Blind Duplication"},"content":{"rendered":"<div class=\"wp-block pg-opt box-content\">\n<p class=\"western\" align=\"justify\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: large;\">Competition is good, but you need to be careful not to get into a business you are not fully equipped for, just because you heard others are making money. In the 1990s when the economy nearly collapsed, companies closed down and those who did not, restructured in order to survive. They offered their employees &#8220;Golden Handshake&#8221;. This was a plan to get employees to walk away from their jobs before retirement age and the companies paid them lump sum amounts of money as a payout. A lot of people took the handshake instead of waiting to be laid off. People who earned Kes.10,000 a month got amounts like Kes.80,000 as handshake. They had never dreamed of owning such amounts of money unless they took a loan which they had to repay for years, shrinking their monthly salary into half. <\/span><\/span><\/p>\n<p class=\"western\" lang=\"en\" align=\"justify\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: large;\">With this windfall, people&#8217;s decision to take the Golden Handshake was heightened. They were leaving employment in their 20s and 30s to become &#8216;self employed&#8217;. That was a very attractive prospect for most. But consider this: these are people who had never done any business or even planned on doing business, but now, all of a sudden, they felt they could do business simply because they had the capital. The early 1990s was also the time when the second hand clothes (mitumba) business was booming after the government relaxed restrictions on bringing in bales of mitumba. <\/span><\/span><\/p>\n<p class=\"western\" lang=\"en\" align=\"justify\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: large;\">Almost everybody I knew who took the Golden Handshake went into mitumba business. They rented stalls in local markets and they bought their first bale of mitumba. We all know the rule of &#8220;Supply and Demand&#8221;. Any situation where supply exceeds demand, prices are driven to the ground. This is what happened to our over enthusiastic mitumba traders. Only a handful of them made it. They were out of business in a matter of months and their Golden Handshake was gone.<\/span><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Competition is good, but you need to be careful not to get into a business you are not fully equipped for, just because you heard others are making&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[414,397,417,416,415],"class_list":{"0":"post-731","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-nyandarua","7":"tag-golden-handshake","8":"tag-mitumba","9":"tag-second-hand-clothes","10":"tag-self-employed","11":"tag-supply-and-demand","12":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Avoid Blind Duplication - Nyandarua, home to Aberdare Ranges.<\/title>\n<meta name=\"description\" content=\"Your perfect outdoor adventure awaits in Nyandarua. Scenic Aberdare Ranges where you can hike its highest peak, Mt. Satima, its second highest Mt. Kinangop or Mt. Kipipiri in the Wanjohi Valley. Splash in the nearby Lake OlBolosat while bird watching, then proceed to Thomson Falls.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nyandarua.com\/home\/blind-duplication\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avoid Blind Duplication - Nyandarua, home to Aberdare Ranges.\" \/>\n<meta property=\"og:description\" content=\"Your perfect outdoor adventure awaits in Nyandarua. Scenic Aberdare Ranges where you can hike its highest peak, Mt. Satima, its second highest Mt. Kinangop or Mt. Kipipiri in the Wanjohi Valley. Splash in the nearby Lake OlBolosat while bird watching, then proceed to Thomson Falls.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nyandarua.com\/home\/blind-duplication\/\" \/>\n<meta property=\"og:site_name\" content=\"Nyandarua, home to Aberdare Ranges.\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-18T18:50:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-28T17:17:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nyandarua.com\/home\/wp-content\/uploads\/2019\/05\/book2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"903\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nyandarua.Com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nyandarua.Com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nyandarua.com\/home\/blind-duplication\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nyandarua.com\/home\/blind-duplication\/\"},\"author\":{\"name\":\"Nyandarua.Com\",\"@id\":\"https:\/\/nyandarua.com\/home\/#\/schema\/person\/f3af3785bf65a62c1e2b051dea3c24b0\"},\"headline\":\"Avoid Blind Duplication\",\"datePublished\":\"2019-05-18T18:50:44+00:00\",\"dateModified\":\"2019-07-28T17:17:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nyandarua.com\/home\/blind-duplication\/\"},\"wordCount\":319,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nyandarua.com\/home\/#organization\"},\"keywords\":[\"Golden Handshake\",\"Mitumba\",\"Second Hand Clothes\",\"Self Employed\",\"Supply and Demand\"],\"articleSection\":[\"Nyandarua\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nyandarua.com\/home\/blind-duplication\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nyandarua.com\/home\/blind-duplication\/\",\"url\":\"https:\/\/nyandarua.com\/home\/blind-duplication\/\",\"name\":\"Avoid Blind Duplication - Nyandarua, home to Aberdare Ranges.\",\"isPartOf\":{\"@id\":\"https:\/\/nyandarua.com\/home\/#website\"},\"datePublished\":\"2019-05-18T18:50:44+00:00\",\"dateModified\":\"2019-07-28T17:17:06+00:00\",\"description\":\"Your perfect outdoor adventure awaits in Nyandarua. 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