Monday, August 07, 2006

The Wrong Train

There are two (non KR) trains chugging through the KBW community doing roaring business, picking up passengers and cargo. Much as I’d rather be on the infamous Bilaz train, it seems I’ll be punching a ticket on the Unemployment train instead.

It’s back to another facet of life I’d rather not re-visit, as I dust off my CV and get some thick soled black Nike’s ready to hit the infamous Nairobi pavement.

On the upside, sometimes you need a punch in the gut to get started on a new track and this looks like one.

End of the blog?
Just two weeks ago I shared Steve Pavlina’s 10 reasons NOT to get a job!.

Bankelele has been a useful medium over the last 1 1/2 years through which I have learnt so much from interaction and sharing. I must say that what I blog about derives very little from my daily workload as a, sometimes Bank Hangman.

Tarmacking may reduce my contribution to the blog even as as I am trying to generate more revenue out of it from advertising and freelance writing.

I have received various offers on account of this blog in the last year – and if I has said no, I eat humble pie, and ask that you re-submit your earlier offers for discussion.

It is also likely that a new employer may insist on the end of this blog as part of a new contract. I’d urge them to let the blog continue or to roll it over into a new medium of their choice. If not, so be it.


coldtusker said...

Pole BUT perhaps this is the beginning of great things!

I am sure this is not an easy sentiment to accept.

With your reputation, you could do well writing for various financial newsletters.


Kudrinketh said...

I'm sure you'll do just fine.Here's something you may want to check out. with NSE going electronic trading next month, dont u think there's an opportunity to start a purely online brokerage firm to serve the diaspora aka etrade fame.

I dont know how much it takes to start one, i'm sure it can be done.Maybe u can do a feasibility study and share it with like minded investors.Best of wishes on your next venture.

Mimmz said...

Good luck and I also think you should consider writing. The money is in the advertisements and I doubt you'd have a problem getting a huge following of hooked readers.

Anonymous said...

where can i send a check?

Acolyte said...

I hope you dont have to leave us!This blog has done lots for us!Good luck with future endeavours!

Kagz said...

Sorry for what happened but things ALWAYS work out for good.

I stopped commenting here to avoid derailing your audience but i still come once in a while to read whats happening.

I loved the Steve Pavlina link and fwded it to VERY many people.
Thanks. Thanks. Thanks.

You've been a GIVER (financial info, job opportunities, investment advice) and May God reward you accordingly.

Kindly come back to share your Testimoney :)

Anonymous said...

did you get fired?

ziwani said...

pole daddy. Keep up the positive outlook.

UARIDI said...

Si they say when one door shuts another opens? May God open the new door soon - before the nikes wear out.

Pimpala said...

This and Mzalendo are hands-down Kenya's most informative and socially responsible blogs. The time, effort and goodwill you've put into this will pay itself back many-fold.


sassy said...

Paul Coelho in his book the Alchemist said that if you want something all the universe conspires helping you achieve it....
believe in yourself and trust your maker you will be ok.
You have taught me alot on this blog forum and im forever thankful to you and your commenters.

sassy said...

@kudrinketh- the opportunity to start a purely online brokerage firm is there but logistics and politics at the CMA will be a stumbling block to many aspiring individuals.
Anyone willing to start up one?

bankelele said...

Coldtusker; Thanks, I think I needed the push.Would like to do something for a monthly/quartely newsletter alongside blog.

Kudrinketh: The NSE firms will protect their terriroty and will claim the right to electronic trading. NSE/CMA have made a huge stride with CDS and asking them to go etrade is a bit too much too soon

Mimmz: Thanks, problem is I don't want to be a writer. This blog is merely an outlet for mental energy.

Anonymous: Prefer cash, monthly

Acolyte: Thank you, a few weeks to clear up the future

Kagz: Thank you, and your commments are welcome.

Ziwani: Thanks, hope the steam keeps up

UARIDI: I need a new pair of black Nike ACG before I hit the road

Pimpala: With free time I should be able to contribute more to Mzalendo.

Sassy: Only conspiracy I'm sure of is JFK. Thank you :->#

Kibet said...

Banks, am confident that there are greater things ahead for you. I look forward to hearing more from you!

Half 'n' half said...

Banks, Firstly- Pole ndugu. With your obvious intelligence and understanding of all things financial, am sure you will Float to the top. Dont Leave the blog world and keep us posted on whats going on.
Good luck

Prousette said...

There is a reason why you have to get on the train.
All the best in whatever direction you are headed though would not mind having you blog on.

Keep well.

DMX said...

Iwas introduced to this blog by a friend visiting from the UK about 3 months ago. And I read it almost everyday.

Make no bones about it Banks, you have created and moderated a very active blog that has dispensed alot of useful info and also elicited good comments from people who would otherwise have kept very silent.

Keep at it, you are good at what you do. So dont be put down, go out and be a tiger.

Ig-know-rant said...

Banks, my personal philosophy of life is that when one door shuts two open. You are a giver, you shall receive. Remember that author of Poor Dad Rich Dad saying that the more you give the more you receive?? All the best in your endeavours and keep on blogging community regardless. For once, I have nothing to rant about.

mushenzi said...

@Kudrinketh. What are the requirements for one to start up a brokerage firm. I guess as young, tech savvy & aggressive like minded individuals here in kenya, we can build one to serve the local people here and deliver better brokerage services to those in the diaspora through competitive service, such better online interaction, which is what is lacking in these old brokerage houses. Are there other bloggers who share the same idea?

Ms K said...

Hey you, I'm thinking we need to talk. Um I'll drop you a line.

Keep well.

Omani said...

Pole sana.With your energy levels sir, your efforts will gather no moss.Thanks to your blog a lot many pple appreciate finance.

Alibaba$tocks said...

You done a great job and desrve a pat. You are my hero.

Bite up the challenge, relax and let the blog generate for you, a ready market awaiting. Possible to fix up CMA for e-trade and emulate Equity through private placements and gang up smart aganist ineptitude of current brokers.Who knows listing might beckon.

Motley fool suggests evolution=adpation,break the rules and join the rulers.

The.Hanyeé said...


The Job.less corner is a test of one's persistence & character - and springback strength to the challenge that comes with it (not to mention a test of how much dust those Nikes can actually accummulate). You will be and will get out of it well.

The downtime could be a point for you to prime and pimp ur blog a bit more, see if u can push viewership and maybe a few ads here & there - along with the good ol' content that you always hook us up with.

Would be a shame if you were asked to shut down the blog. Have you been asked to do so in the past?

bankelele said...

Kibet: Thanks. I really want to continue the blog

Halfkenyahalfsudan: am ok. thanks for the motivation

Prousette: Steve Pavlina wants ut to stay on the train and his reasons are compelling

DREAMWEAVER: Thank you, am touched that it is well read and referred to others. Will try and maintain

Ig-know-rant: I never thought of the exchange that way, but hopefuly it will happen as you say

mushenzi: check out the CMA site for "capital market licensing requirements" PDF.

Ms K: You're MIA, Hola

Omani: Thank you, but I fear more time may mean less energy overall

Alibaba$tocks: hero? shucks, i'm no spidey. sooner or later some brokers will introduce variants of E-trade. Francis Drummmond tried to give customers online trading and statements, but it's now a flop

Anonymous said...

Banks, please dont quit the blogging you would be surprised how many Kenyans rely on you for information financial. We absolutely love your advice. What kind of job would you be looking for we can keep our eyes and ears open.

Riba Capital said...

Hey, Bankelele.. Pole sana but yo know I got real drift on this, coz being a reporter is not suh ba idea, i guess you know where am heading now, anyway that company has improved its profitability by some good margins and I guess pulling a google ia no bad idea(as in sellin/franchising the blog to the group).. Riba Capital as always...

Anonymous said...

Hey Mr B,

Thanks for sharing your experience with us through the blog ... would encourage u to keep at it!

This doesnt have to come to an end, right?

You've now embarked on a new path, and where it takes you ... starts with that spark, that lite up in your mind.

All the best,


Anonymous said...

Even when on holiday here at home and hardly even bothering to catch up with my e-mail i still have to access your blog every 2 days to 'just be updated' - I believe you won't stop bloggint D:) - have to believe so for my own 'addiction' sake, and having benefited a lot.
good luck and prayers in the job search!!!!!!

Nakeel said...

The best is yet to come and it will soon come. All the best Banks

Anonymous said...

why not go all-out and start a full-fledged business/finance/ICT blog ?
Get some advertising from the investment firms etc. Grow your team after a while, or get blog contributors (like Om Malik has done). Maybe some premium content.

You would potentially become the first full online news media for kenya ... and your commentary is perfect for editorials & features that nation/standard make us pay for now.

nick said...

Pole sana..but sometimes things happen for the right reason we just get to realise it later

Adrian said...

all the best for your future ndugu!!

Apexquest said...

Pole brother. But Sir, this blog MUST (sic) continue. Personally, I've always wondered how you get the time to keep this blog so alive. A great piece of work.
Best of blessings

pesa tu said...

Banks: Pole but remember every cloud has a silver lining. my advice is keep meeting as many people as you can

Keep looking smart and not desperate and people will make offers.

Anonymous said...

for those talking about online brokerage - (
FYI this is the company that supplied the CDS solution and also the electronic trading solution. so it doesnt take brain surgery to figure that akina jimnah mbaru and ntalami are in bed with this guys.and probably already have a game plan.

hey banks i think you should set up a paypal account so that we can contribute so dough to keep you blogging while unemployed.

also in kenya i here if u loose your job in ur late 30's or 40 forget about ever getting another job. im not saying ur that old but just a comment

Anonymous said...

Banks you just cant stop blogging. Your blog like a daily newspaper to me. Everyday I check on it religously, i cant miss out on it. Its sad on whats happening but be strong its not the end. All the best.Miss L.

Ken said...

Banks, it's darkest just before the dawn.
All the best, a blog once in a while is all I will ask, you have blazed a trail and I am sure there will be others looking to emulate you.
I thank you for inspiring me to blog and my best wishes and sincere prayers for your success will follow you.

bankelele said...

Anonymous: Still in finance, prefarably in banking

Riba: Will consider that company proposal, but on a part time basis

Miss L: and Ochieng: Thanks, I wish to continue

Nakeel: Thanks, Hey! I need cricket passes for Bangladesh

Anonymous: This is a mini business/finance/ICT blog, but it doesn't pay enough to support my bills yet

Nick: Thanks will look out

Adrian: asante

Apexquest: It does take time, but mostly I jot down little notes during the day and work on things mentally till I get to the laptop

Pesa tu: Am hoping to see some clouds at 37,000 feet soon. Thanks for the tip - will not grovel

Ken: Keep it up as well

gathinga said...

you're an selfless informer. you kept us abrest 'most of the time'. I kept wondering how you were able to sumon all the energy to kep this thing on....and still do. am sure your attitude and obvious intelligence, applied elsewhere will function as well as it did here... and with rspect to the suggestions about online or even offline broking, should you ever consider the matter, am intersted in being an investor... dnt leave me out... cheers

Alibaba$tocks said...

.....Heros are defined by insignificance of their weaknesses relative to their admirers. Your job is well cut out.

dropmyload said...

What line if banking are you looking at? I am a banker and can try something if I know your field.

Anonymous said...

I am also in the process of clearing out my desk and facing a future without a steady pay check. You are a walking resource bank. You have sharpened my engineering head to think financially so...(hence my taking a study leave to start some Finance Studies) You are a plus in this world.
I'm sure we'll read about you in Nation's Lifestyle mag in the near future. When God closes a door, he opens a huge gate.

mwasjd said...

I'm with all who agree that Banks you are a financial genius. Your brain will figure out a way, some collabo with the blog community will result in some investment group which you can sit on the board and run. God will definately open the door for you. Keep blogging.

AfroFeminista said...

hey, hope something comes up soon...and you also somehow keep blogging because it's always great to read your blog.

Monroe said...

Please don't stop blogging. You were the best source of info for me before I made the leap back to Kenya (just nine short months ago). If you haven't already please talk to Liquid Africa and First Africa Capital. Also think you'd be a real asset to an upcoming VC company...will forward names if come across any. Best of luck, don't settle! You're way too good to settle.


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