Rising Beyond Limits: Josephine’s Journey to Entrepreneurial Success
Josephine Kulabako’s life was a delicate balancing act. At 41, the mother of three was juggling three businesses—producing liquid soap, selling pancakes, and running a bar—all while trying to make ends meet. But behind the hustle, Josephine felt stuck. “I was running my business, but I wasn’t in control,” she recalls. “I had no financial records, no direction. I was just spending money without any purpose.”
That’s when a surprising source of inspiration changed everything—her co-wife, Robina Namirembe. Having seen Robina thrive after attending the Street Business School (SBS) entrepreneurship training, Josephine decided it was time to take charge of her own story.
Josephine enrolled in the program too. She proactively contacted the SBS coach, expressing her keen interest in joining the training and even assumed the role of a mobilizer for the training, actively recruiting women from her community.
Josephine’s first training class filled her with excitement, as she had always been drawn to developmental programs. “I have always had a passion for things that enhance my knowledge and propel me forward,” Josephine disclosed.
Among the several topics covered, Josephine found Record Keeping and Saving to be the most crucial. These areas addressed her lack of expertise and taught her the importance of allocating money for each aspect of her business. This practice facilitated better identification of profits and shortages. Additionally, Josephine realized the significance of paying herself as an employee of her own business.
By implementing what she had learned, Josephine witnessed a remarkable transformation in her bar business. The meticulous record-keeping and financial management techniques paid off, resulting in significant growth. She no longer needed to rely on borrowing money for her business. “My business is flourishing, and I no longer have to borrow money like I used to,” Josephine happily shared.
Josephine’s expertise in managing a bar business has allowed her to capitalize on her experience, while the consistent demand for alcoholic beverages has ensured a dependable source of income. On a successful day, she generates a profit of $5.24.
By making prudent use of her earnings, Josephine has been able to expand her business by relocating to a larger establishment and diversifying her offerings to include non-alcoholic beverages. The positive impact of Josephine’s business extends beyond her personal financial gain. She utilizes her profits to cover her children’s school fees, shop rent, and other family necessities.
“I no longer feel burdened by the constant worry of how I will afford all my essential expenses, as my business can provide for all of them.”
Josephine’s accomplishments are evident through the assets she has acquired. She has purchased her own parcel of land, renovated her mother’s house, and also actively participates in two savings groups, one of which she established. Josephine recognizes the financial stability these groups offer, particularly during the costly month of December.
With aspirations of constructing her own house and opening additional branches for her business, Josephine encourages other women to step outside of their comfort zones. Reflecting on her journey from selling pancakes and liquid soap to owning a thriving bar, she advises women that they do not require a significant amount of capital to begin.
Looking towards the future, Josephine aims to diversify her sources of income by venturing into the business of renting plastic chairs for events. Her story serves as an inspiration for those who are willing to embrace change and pursue their entrepreneurial aspirations.
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