MESHers, let’s be real—running a biz without understanding the numbers is like playing pool with your eyes closed. You might get lucky, but most times, you’ll lose the game.
MESH Biz Class Week 4: Doing the Math Kujua Kama Biz Ina-Grow
🥴 This week, we’re diving deep into business costs, pricing, and profit. If you don’t know what you're spending, what you're charging, and what you're actually making, your hustle is on shaky ground. But don’t worry—tulia, we got you! 😅
Cheki Vile Hawa MESHers Walituchanua about Smart Hustling and Doing the Math
Yo, MESH fam, cheki! Week 4 ya Biz Class ilikuwa pure fire, legit, na shwari. 🔥
Kama ulihata the first three weeks, no stress; you can still catch up, straight up. 📲
Cheki hizi links and dive in, hustler-style. 😎
• Hustle Costs – Keep It Real 💸
Perpetua Omare ali-drop mad truth about biz costs. Alisema, “record kila expense—from packaging hadi transport na time yako, for real.” ⏱️
Ata kama ni 50 bob tu ya transporting using boda, andika hio expense, wasee. Usibaki na regrets kila month. 📝
• Price It Right 💰
Bakari, our host, alisema, "Usi-slap price bila plan; jua the real value, MESHers." 🔥
Price vi-smart ndio hustle yako ikue on point—wacha guessing game, for real. 💯
• Production Game Strong 🎒
Neil Shem alitoa point interesting, fam. Kwa production biz, quality na quantity ni key, straight up. Neil anaprice designer bags zake at almost twice the amount alitumia kuzimake (direct na indirect costs). So, even if wateja wana-bargain sana, profit yake inabaki solid. 💪
• Entertainment & Mitumba Moves 🎤
Fredrick Kutswa alisema, "For mitumba hustle, ni poa ku-check bale costs, kila item ndani, then uongeze margin yako kwa kila item ndani ya bale.
Fredo ni entertainer pia. Kwa gigs za entertainment, alisema unafaa kujua exactly what client wako anataka na duration ya services zako." Imagine ume-get job ya entertainment for a wedding. Kama clients wako wanabargain sana, chora smart.
For example, unaeza adjust squad yako au punguza the number hours mta-perform, so hautaenda loss. 🤙
He said, ikibidi, atatumia fewer isukuti instruments ama the number of performers kupunguza costs.
• Handling Lowballers 🤔
Clients wako waki-push for low prices, Perpetua alisema, "Unafaa kujua breaking point yako, MESHers."
Neil ali-add, "Weka selling price iko nearly double your direct costs. Hii ina-mean even the most hardcore bargainers hawatachoma profit yako—stay profitable na solid." 💯
• Loyal Customer Love 💖
Perpetua ali-drop example ya salon. If uko na loyal customers, ni poa kujua when wana-need touch-up ama services zingine. Then, watumie reminders ama special offers kufanya wakuje. Itafanya pia wa-show others about salon yako. 💇♀️
Daniel ali-agree, akasema loyal customers wana-stay na wewe coz umekuwa reliable na unawapea quality poa ile wanataka, real na consistent, msee. 🤝
• Seasonal Vibes & Offers 🌟
For seasonal events, kama Valentine’s, Perpetua alisema, "Cheki demand mapema and gather customer deets kama phone numbers. 📋 Then, warushie offers before season ifike. Ukicheza ka pro, utakuwa on their radar, hustlers, na biz yako ikue lit na fresh. 🔥
• Profit & Tracking 📊
Brian alitukumbusha, "Jua cost zako na break-even point, MESHers!” Do math yako vipoa coz unafaa kujua ni sales ngapi zita-cover costs zako. Ukichora smart, utajua how to juice up your price kufanya hustle yako ibaki sharp na full of pesa. 👀
Perpetua alitoa twist yake. She adds 30% markup kwa kila ilem kufanya returns zake zikuwe solid.
Gladson alisema trends zina-change faster than ever. So, creativity yako ndio itabonga. Jaribu ku-drop vitu kama extra add-ons ama product demos. Cheza ka wewe ufanye hustle yako iwe always on point. 🎯
Track kila sale, expense, clients wako na deni, na wale wanadai pesa from you ndio biz yako ikae on point. 👀
• MESH Biz Class 4 Wrap-Up ✌️
Bakari alifunga live session yetu by asking if you think unafaa ku-rethink your hustle, ama ku-level up game yako! 🚀
Share notes na ideas zako with #MESHBizClass and let’s keep the hustle real!
Week 4 Live Biz Class Recap: Count Your Shillings, Set Your Price, and Check Your Profit
Wasee, week 4 ya MESH Biz Class ilikuwa real! Tulipiga breakdown ya costs, pricing, na profit. Ikikuja story ya doing the math, hizi ni the core essentials za hustle yako:
• Costs: Tuli-learn about fixed na variable costs. If you don't record every shilling, hustle yako itakuwa stress tu.
• Pricing: Tuliget formula simple—Total Cost + Desired Profit = Selling Price. Kama unaset low, unafanya kazi bure; too high, customers wana-run.
• Profit: Profit ni the extra cash after expenses. Simple: Revenue minus Costs. Kama profit yako iko mad, lazima ucheki expenses au up your price game.
Now you know, if you don’t know your numbers, biz yako iko off-road, MESHers. Hustle yako inafaa kuwa on point, so you should adjust and level up.
💰 Why Numbers Matter in Business
Yo, MESHers! Imagine uko kwa the hottest mat bila kujua fare—utakuwa shocked at the end, right? Hustle yako without proper math ni kama hio scenario. Utafeel cool for a moment, but ukifika destination yako, utatoka kwa hio nganya with empty pockets.
Nowadays, passion yako alone sio enough kwa biz in KE. Unafaa kuwa loaded with the real numbers kujua kama biz yako iko lit or low-key sinking.
The Real Deal:
✅ Setting the Right Price 📊
Kama haujafanya hesabu yako vipoa, you might overcharge or undercharge. Na hiyo itafanya upoteze customers na pesa bure!
✅ Knowing Profit or Loss 💸
Cheki, assume you're hustlin' your chapos na chai. Lazima ufanye hesabu ya every expense—from unga hadi gas—else utakuwa una-chase losses. Ni kama boarding a boda bila kujua fare; utapigwa, msee.
So, track kila bob unatumia, know base yako, and hakikisha hustle yako ina-stack pesa, not just running on empty. Kuwa sharp and keep biz yako loaded, hustler! 🚀
✅ Deciding Where to Cut Costs 🛑
Cheki kama some smart cuts zinaweza boost hustle yako au kuichoma kabisa, wasee. Ni kama offloading that extra weight on your ride—only VIP essentials zi-stay na wewe, so you move haraka. 🚗✨
✅ Scaling Your Hustle to the Next Level 🚀
Uki-master your numbers, utatoboa ku-plan better, grow smarter, and give your hustle ile steady boost unataka.
🛠️ Steps to Create Your Business Model
List Your Costs
Hii ni foundation ya biz yako. If hauna copy ya pesa unatumia, profit yako itakuwa mystery.
Imagine una-build keja without knowing how many bricks you need—everything depends on knowing your numbers.
Types of Costs:
✅ Fixed Costs: Hizi ni regular bills—kama rent, staff salaries, na licenses. Zinabaki stable every month, kama clock.
✅ Variable Costs: Hizi zinaweza change kulingana na demand. Ni expenses kama stock, transport fees, na utilities. For example, if you sell food, ingredient prices zinaweza vary kila siku.
Example:
James, our Food Hustler:
• Fixed Cost: James analipa monthly rent ya shop yake.
• Variable Cost: Prices za ingredients zake zinategemea market rate.
Pro Tip:
Record every expense—grab a notebook ama use Google Sheets. Usi-guess; kila bob ni important, bro/siz! Think of each cost as a brick in your biz—missing one could make your whole structure collapse.
Stay simple, stay organized, and utajua exactly how much unatumia. That way, kila sale itabakisha extra cash for growth!
More Insights
• Visualize: Assume kila cost ni spice moja una-add to your fave dish—kila spice inachangia flavor. If you don’t add the right spices, dish yako itakuwa bland.
• Stay Organized: Organize expenses zako kama playlist—kila song (expense) ina-index yake, so you know exactly what's playing.
• Be Real: Usi-charge kama supermarket tu; be honest with yourself. Check every expense, ata zile ndogo.
️Define Your Pricing
• Get Your Price On Point
Pricing ni game ya hustle. Wrong pricing ita-kill hustle yako. Kama una-charge too low, unafanya kazi bure; too high and customers run off.
• Why Pricing Matters
Low pricing in-amean hauta-earn enough; high pricing itafanya wateja wapotee. Bei zako inafaa ku-cover all costs na iache room for profit.
• Simple Pricing Formula
Formula ni basic: Total Cost + Desired Profit = Selling Price.
Pro Tips for Hustlers
✔️ Check what others charge, but usi-copy blindly.
✔️ Find your special sauce—nini inafanya hustle yako unique.
✔️ Make sure bei zako zina-cover all expenses and gives you room to grow.
Pricing ni key to hustle yako, fam. Cheza fiti, and always keep it on point.
Mini-Challenge:
• Price Your Hustle
Take a sec kufukiria about product ama service yako. Andika total cost zako—know your base so you don't get played.
• Set Your Profit Vibes
Decide ile profit margin ina-feel lit and fiti. Inafaa ku-boost hustle yako without scaring off watu wako.
• Scope the Scene
Cheki biz zingine kwa zone yako zina-charge aje, but don’t just copy—ongeza twist yako. Special sauce yako ndio itafanya price yako iwe smart.
• Share and Get Mad Props
Drop pricing ideas zako with #MESHBizClass and let the MESH squad give you mad props or tips!
Pricing sio just a number—ni heartbeat ya hustle yako. Ukicheza ka pro, you’ll be cruising like a boss!
️Calculate Your Profit
Now, this is the part wasee wanapenda— kujua exactly how much cash inaingia!
Profit ni kama bonus yako after umesort all your expenses. Simple formula ni:
Profit = Total Revenue − Total Costs
• 📌 Example:
• James anauza lunch plates za KSh 200.
• If total cost ya kupika ni KSh 120 per plate, profit yake ni KSh 80 kwa sale.
Ni kama having extra cash after paying your bills—pure win!
🚨 Reality Check:
Kama profit yako iko too low, that means hustle yako iko off, friends. Maybe costs zako ziko high, or prices zako ni mad low. Hii ni your wake-up call—check your numbers, punguza hizo extra costs, or ama uongeze bei kiasi. Usiache hustle yako i-run bila profit!
🔥 Next Up: Testing Your Biz Model
Ni time ya ku-test biz yako kwa real-world vibes. Hustle yako iko serious ama bado unacheza na losses? Time ya kujua ni sasa.
Share Your Ideas! 💡🗣️✨
Tuendelee Kujituma! 🚀💪🔥
Form ni Kujengana! 🤝🏗️🌱
#MESHBizClass #HustleSmart #DoTheMath