Sound advice: So you want to give sound solutions?
SEE ALSO :Ask a hustler: 3 traits for successThe company, now valued at Sh4 million, operates in Nairobi and Mombasa. Within the three years of business, he has done more than 300 events and for his efforts, he has received two major recognition. “The Top 25 under 25 entrepreneurs 2015 by KCA University and Top 40 under 40 2017 by the Business Daily, were proud moments for Mambo Yote,” he says. “We aim to provide the best services at fair prices. Our charges start from Sh50,000 depending on what the client needs,” says Andrew Mambo Yote is the official entertainment service providers for Law Society of Kenya Nairobi Branch, Delegation of German Industry and Commerce in Kenya and the National Counties Baskets League, among others. Rough road
SEE ALSO :The unusual hustlers' den“Starting out, I did not really need a DJ kit, which I spent almost half a million on. My main reason for starting the business was to provide sound system services. The DJ kit was unused for some time and I had to sell it for Sh300,000,” he explains. Ideally, Andrew says, he would have bought another set of sound instead of the DJ kit. It came to a point where he would have two events in a day and he would be forced to hire the sound equipment from other companies. Another mistake he did was using a significant portion of his savings and so he had no working capital. According to him, he had projected that he would do many events that would provide him with the working capital. However, this was not the case as he would go even three months without an event. “I lacked a mentor to help me in business and hence had no clear vision of what was needed in business. I also ended up getting wrong ideas from some of my friends,” Andrew recalls. The now wise Andrew ensures that he manages his working capital. “When I do an event, I divide the money whereby some goes back to the business. I have developed that discipline to stretch the working capital such that the money set aside can run the business for six months without any other event,” he says. Besides, he has mentors who help him in business and also role models whom he looks up to. Robert Kiyosaki and Richard Branson are among them. His local role models are Kev of Mo Sound and Big Ted. He says he admires their desire to impact lives. “I believe we should all have role models and mentors. They help us realise we are not yet there and get us out of our comfort zones. They also help us avoid some mistakes since they have already gone before us,” he says. Passion Since he was young, Andrew has always been involved in entertainment. “I was always finding fault with the sound setup at other events and offering a helping hand to correct the mistake. I was also a musician before starting the business and I would set my sound before I go on stage. I loved doing it, so I did not struggle to know what business to start” he explains.