Khalif Kairo Plans Comeback After a Tough Year in Business, Cites Elon Musk's Journey
Kenyan entrepreneur Khalif drew parallels to Elon Musk's early challenges with Tesla and SpaceX to his challenges at Kai and Karo
Kairo highlighted the need for strategic breaks to focus on resolving complex problems, expressing his determination for a strong comeback
He admitted to financial difficulties stemming from an ambitious business expansion
Don't miss out! Join Tuko.co.ke Sports News channel on WhatsApp now!
Elijah Ntongai, a journalist at TUKO.co.ke, has more than three years of financial, business, and technology research and reporting expertise, providing insights into Kenyan and global trends.
Kenyan entrepreneur Joseph Kairo Wambui, aka Khalif Kairo, has opened up about the challenges he faced running his car-imports business in 2024.
Khalif Kairo has admitted to facing many challenges in 2024. Photo: @KhalifKairo.
Source: Twitter
Taking to his social media platform, Kairo candidly discussed financial struggles, the need for strategic breaks, and his belief in overcoming adversity, drawing inspiration from Elon Musk's early career hurdles.
Kairo talked about Musk's pivotal moment in December 2008 when Tesla and SpaceX were on the verge of bankruptcy.
Kairo said that despite sinking billions into the companies, Musk faced personal and professional crises, including a divorce and the inability to pay rent drawing parallelism to his recent struggles.
"Sometimes you need a break from socials to focus. A complex problem like the one we are dealing with needs a lot of praying, work, and isolation. 2025 tutaingia na mpigo na Mungu atatupeleka mbali," Kairo said.
Tough times for businesses in Kenya
The entrepreneur also hinted at financial difficulties following an ambitious business expansion this year.
He humorously admitted, "Nmesota kama prime Polo Kimani. Could do with anything between 1-10 million USD in exchange for stake or debt pale kaiandkaro.com or Jetman. It?s been a very tough year for businesses, and we happened to do a bit of expansion this year. Bad bet, but we shall recover."
Kairo acknowledged the harsh realities of scaling a business, pointing out that success without financial struggles often suggests illegal operations or money laundering.
Khalif Kairo detained at Kasarani police station
Earlier, Kairo had been arrested and detained at the Kasarani Police Station on suspicion of defrauding a client of millions of shillings under the pretence of delivering high-end vehicles.
Kairo opened up about financial difficulties at Kai and Karo, attributing the challenges to online attacks and hard economic times.
The businessman claimed his competitors paid influencers to tarnish his reputation and cause panic following his arrest.
Source: TUKO.co.ke
