Meet George who quit Stanbic Bank and is now a millionnare from Farming
Meet George Wambugu who 16 years ago was laid off from CFC Stanbic Bank where he was an asset finance marketing section head. Today Mr Wambugu runs Primavara Picknick Snacks with an annual turnover of over Sh500 million and a workforce of about 60. Primavara’s snacks include peanuts (roasted, fried and skinned), corn curls, fryams, popcorn and chevda.
“A lot of people find themselves in problems when they leave work and are not prepared, some end up buying a matatu (Taxi) when they know nothing about the business and within six months their money is gone,” Mr Wambugu says.
Mr Wambugu thinks his success can be ascribed to two things; doing what he knows best and starting his venture for a noble reason. Mr Wambugu says he started the business to enable his late mother retire to some income generating occupation.
“Within about six months we had hit our target and were almost calling everyone to celebrate the fact that my mother was going to retire and become a manger of a blossoming business,” he says.
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