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'''Eric Kinoti'''

{{Infobox person
{{Infobox person
| name =Eric Kinoti
| name =Eric Kinoti
| image =
| image =
| image_size =
| image_size =
| caption =
| caption =
| birth_date = {{Birth date and age|df=yes|1984|3|8}}
| birth_date = {{Birth date and age|df=yes|1984|3|8}}
| birth_place =[[Mombasa]], [[Kenya]]
| birth_place =[[Mombasa]], [[Kenya]]
| death_date =
| death_date =
| death_place =
| death_place =
| alma_mater =
| alma_mater =
| occupation = [[Businessman]], [[Industrialist]], [[Entrepreneur]] shade systems EA.ltd
| occupation = [[Businessman]], [[Industrialist]], [[Entrepreneur]] shade systems EA.ltd
| years_active = 2009–present
| years_active = 2009–present
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}}


'''Eric Kinoti''' is a [[Kenyan]] businessman of African descent born in [[Mombasa]] on 8 March 1984.<ref name="citizen">{{cite news| title=Business Center Interview with Eric Kinoti, CEO Shade System |date=29 October 2014| url=http://citizentv.co.ke/news/business-center-interview-with-eric-kinoti-ceo-ae-shade-system/}}</ref> Along with being the Founder and CEO of Shade systems EA.ltd, a million dollar enterprise that has a presence in over 6 countries,<ref name="CORPORATE NEWS">{{cite news| title=From a shoestring start-up to
'''Eric <br> Kinoti''' <br> [[CEO]] (Shadesystems EA.ltd)<ref name="citizen">{{cite news| title=Business Center Interview
leading supplier of tents| date=16 August 2015| url=http://www.businessdailyafrica.com/Corporate-News/From-a-shoestring-start-up-to-leading-supplier-of-tents-/-/539550/1751260/-/3goojfz/-/index.html}}</ref> he is on the boards of several prominent East African companies. He has won several awards in East Africa and internationally. Has gained recognition of his entrepreneurial endeavours and is also a noted philanthropist. He is the Kenyan youth [[patron]] in the Kenyan chambers of commerce and received recognition as a youth entrepreneur from [[Kenyan|president]] [[Uhuru|Kenyatta]].<ref name="entrepreneur">{{cite news| title=ERIC KINOTI: YOUNG KENYAN
with Eric Kinoti, CEO –
Shade System |date=29 October 2014| url=http://citizentv.co.ke/news/business-center-interview-with-eric-kinoti-ceo-ae-shade-system/}}</ref> is a [[Kenyan]] businessman of African descent born in [[Mombasa]] on 8 March 1984. Along with being the Founder and CEO of Shade systems EA.ltd, a million dollar enterprise that has a presence in over 6 countries,<ref name="CORPORATE NEWS">{{cite news| title=From a shoestring start-up to
ENTREPRENEUR TO WATCH| date=7 January 2015| url=http://www.africanpro.co.za/entrepreneurs/item/626-eric-kinoti-young-kenyan-entrepreneur-to-watch}}</ref> Apart from appearing in Forbes 40 Under 40 Most Promising African Entrepreneurs twice,In 2014 Kinoti was named in [[forbes]] 30 Under 30 Most Promising African Entrepreneurs <ref name="entrepreneur">{{cite news| title=30 Most Promising Young
Entrepreneurs In Africa 2014| date=4 February 2014| url=http://www.forbes.com/sites/mfonobongnsehe/2014/02/04/30-most-promising-young-entrepreneurs-in-africa-2014}}</ref> In the same year,he received SOMA Awards 2014 Most Influential SME Personality.
leading supplier of tents| date=16 August 2015| url=http://www.businessdailyafrica.com/Corporate-News/From-a-shoestring-start-up-to-leading-supplier-of-tents-/-/539550/1751260/-/3goojfz/-/index.html}}</ref> he is on the boards of several prominent East African companies. He has won several awards in East Africa and internationally.Has gained recognition of his entrepreneurial endeavours and is also a noted philanthropist. He is the Kenyan youth [[patron]] in the Kenyan chambers of commerce and received recognition as a youth entrepreneur from [[Kenyan|president]] [[Uhuru|Kenyatta]].<ref name="entrepreneur">{{cite news| title=ERIC KINOTI: YOUNG KENYAN
ENTREPRENEUR TO WATCH| date=7 January 2015| url=http://www.africanpro.co.za/entrepreneurs/item/626-eric-kinoti-young-kenyan-entrepreneur-to-watch}}</ref> Apart from appearing in Forbes 40 Under 40 Most Promising African
Entrepreneurs twice,In 2014 Kinoti was named in [[forbes]] 30 Under 30 Most Promising African
Entrepreneurs <ref name="entrepreneur">{{cite news| title=30 Most Promising Young
Entrepreneurs In Africa 2014| date=4 February 2014| url=http://www.forbes.com/sites/mfonobongnsehe/2014/02/04/30-most-promising-young-entrepreneurs-in-africa-2014}}</ref> In the same year,he received SOMA Awards 2014 Most Influential SME
Personality


==Early life==
==Early life==
After [[college]] Kinoti worked as a cashier in a hotel in [[Malindi]] and that's where his entrepreneurial journey truly began. Since he

worked in the night shift,Kinoti spent his day time buying and distributing eggs around [[Malindi]] town. A few years later, he moved to
After [[college]] Kinoti worked as a
Nairobi where he distributed milk to hotels in the city.<ref name="entrepreneur"/> Kinoti, grew up in [[Meru]], where he assisted his father in the shop as a cashier after school. Kinoti has conceded that, “I started Shade System Company aged 24 with only five employees and a seed capital of Sh60,000. I saw a business gap because this sector was predominantly controlled by non-Kenyans,’’<ref name="entrepreneur"/> an attestation to his humble beginnings. However, his father, a shop owner, was determined on giving the young Kinoti the best [[education]] available.
cashier in a hotel in [[Malindi]] and that's where his
entrepreneurial journey truly began. Since he
worked in the night shift,Kinoti spent his day
time buying and distributing eggs around
[[Malindi]] town. A few years later, he moved to
Nairobi where he distributed milk to hotels in
the city. <ref name="entrepreneur"/>He, Kinoti, grew up in [[Meru]], where he assisted his father in the shop as a cashier after school. Kinoti has conceded that, “I started Shade System Company aged 24 with only five employees and a
seed capital of Sh60,000. I saw a business gap
because this sector was predominantly
controlled by non-Kenyans,’’<ref name="entrepreneur"/> an attestation to his humble beginnings. However, his father, a shop owner, was determined on giving the young Kinoti the best [[education]]available.


==Education==
==Education==
Kinoti attended St. Martins Boarding Primary School, Abothogochi Academy, Nkubu High School and earned a Diploma in [[Business]] [[Management]] from [[Tsavo]] [[Park]] Institute.<ref name="entrepreneur"/>

Mr.Kinoti attended St. Martins Boarding Primary School,
Abothogochi Academy, Nkubu High School and
earned a Diploma in [[Business]] [[Management]]
from [[Tsavo]] [[Park]] Institute.<ref name="entrepreneur"/>


==Business==
==Business==
Eric Kinoti immersed himself into entrepreneurism completely in 2007 with a capital of just KSh 20,000 (about $200) He started
buying milk from Kinoo and [[Kiambu]] and supplying the city hotels both in [[Nairobi]] and [[Mombasa]].<ref name="companies">{{cite news| title= Eric Kinoti eLearning:Entrepreneurship – How to start small and how to manage growth | date=1 September 2015| url=http://erickinoti.com}}</ref>
With a saving of Ksh 60,000(US$600) he borrowed almost KSh2 million (US$20,000) from a [[Shylock]] in 2009, I set up Shade Systems where he ended up paying back the money with a million shillings as the [[interest]]. He claims that was the worst decision he has ever made.
<ref name="man">{{cite news| title= Shade Systems entrepreneur Eric Kinoti;I make millions but I'm not a millionaire...yet | date=8 November 2014| url= http://www.standardmedia.co.ke/evewoman/m/article/2000140749/shade-systems-entrepreneur-eric-kinoti-i-make-millions-but-i-m-not-a-millionaire-yet?articleID=2000140749&story_title=shade-systems-entrepreneur-eric-kinoti-i-make-millions-but-i-m-not-a-millionaire-yet&pageNo=2}}</ref>

Today, Kinoti sits atop five powerful companies in Kenya and has been on Kenya’s [[government]] [[delegation]] to several international economic meetings.<ref name="man">{{cite news| title= Think big, start small| date=22 February 2015| url=http://sunnewsonline.com/new/think-big-start-small}}</ref>
Apart from Shade systems (EA) ltd,Eric Kinoti is also a founder and director of Alma Tents Ltd, Bag Base Kenya Ltd and SafiSana Home Services Ltd.<ref name="companies"/> With the onset of the 2009 and 2014 came the expansion Shade Systems to other countries such as [[Rwanda]], [[Somalia]], [[Democratic Republic of the Congo|Congo]], [[Southern Sudan]], [[Uganda]] and elsewhere with Kinoti being charged with business affairs in [[East]] and [[Central|Africa|region]]<ref name="man"/>


Eric Kinoti immersed himself into
entrepreneurism completely in 2007 With a capital of
just KSh 20,000 (about $200) He started
buying milk from Kinoo and [[Kiambu]] and
supplying the city hotels both in [[Nairobi]] and
[[Mombasa]].<ref name="companies">{{cite news| title= Eric Kinoti eLearning:
Entrepreneurship – How to start
small and how to manage growth | date=1 September 2015| url=http://erickinoti.com}}</ref>
With a saving of Ksh 60,000(US$600) he borrowed almost KSh2 million (US$20,000) from a
[[Shylock]] in 2009, I set up Shade Systems where he ended up paying back the
money with a million shillings as the [[interest]].He claims that was the worst decision he has ever made.
<ref name="man">{{cite news| title= Shade Systems entrepreneur
Eric Kinoti;I make millions but
I'm not a millionaire...yet | date=8 November 2014| url= http://www.standardmedia.co.ke/evewoman/m/article/2000140749/shade-systems-entrepreneur-eric-kinoti-i-make-millions-but-i-m-not-a-millionaire-yet?articleID=2000140749&story_title=shade-systems-entrepreneur-eric-kinoti-i-make-millions-but-i-m-not-a-millionaire-yet&pageNo=2}}</ref>
His company, Shade Systems (EA) Ltd which [[manufacture]] and [[supply]] military and
relief tents, branded gazebos, restaurant
canopies, car parking shades, marquees,
luxury tents, wedding party tents canvas
seats and bouncing castles across the
region
emerged 2nd runners-up and best in
manufacturing category in 2014 Top 100
mid size companies in Kenya.
Today, Kinoti sits atop
five powerful companies in Kenya and has
been on Kenya’s [[government]] [[delegation]] to
several international economic meetings.<ref name="man">{{cite news| title= Think big, start small| date=22 February 2015| url=http://sunnewsonline.com/new/think-big-start-small}}</ref>
Apart from Shade systems (EA) ltd,Eric Kinoti is also a founder and director of Alma Tents Ltd, Bag Base
Kenya Ltd and SafiSana Home Services Ltd.<ref name="companies">{{cite news| title= Eric Kinoti eLearning:
Entrepreneurship – How to start
small and how to manage growth | date=1 September 2015| url=http://erickinoti.com}}</ref> With the onset of the 2009 and 2014 came the expansion Shade Systems to other countries such as [[Rwanda]], [[Somalia]], [[Democratic Republic of the Congo|Congo]], [[Southern Sudan]], [[Uganda]] and elsewhere with Mr.Kinoti being charged with business affairs in [[East]] and [[Central|Africa|region]]
<ref name="man"/>
His company, Shade Systems (EA) Ltd,
emerged 2nd runners-up and best in
manufacturing category in 2014..<ref name="man"/> His personal business interests are extensive and span the vast of the Kenyan economy.Kinoti has clients all over
the African continent and is one of the leading
suppliers of all kinds of tents, gazebos, shades
and bouncing castles.<ref name="entrepreneur"/>
Kinoti has been regarded as the '''Warren Buffet of Africa''' by the sun news <ref name= "man"/>
Kinoti has been regarded as the '''Warren Buffet of Africa''' by the sun news <ref name= "man"/>


==Philanthropy==
==Philanthropy==
Having gone through hard times and alot of challenges, Kinoti's desire and dream is to [[motivate]] and [[mentor]] young entrepreneurs and start-ups to break through. He has been organizing [[workshops]] and [[forums]] for young entrepreneurs across Africa named Entrepreneurs' Boot Camp with speakers from all parts of [[Africa]]<ref name="philanthropy">{{cite news| title= TwendeMara Boot Camp is

Finally Here| date=19 December 2014| url=http://www.ghafla.co.ke/news/events/list/itemlist/tag/eric%20kinoti%20news}}</ref>
Having gone through hard times and alot of challenges,Kinoti's desire and dream is to
[[motivate]] and [[mentor]] young
entrepreneurs and start-ups to
break through. He has been organizing [[workshops]] and [[forums]] for young entrepreneurs across Africa named
Entrepreneurs' Boot Camp with
Speakers from all parts of [[Africa]] to
join budding entrepreneurs, start ups,
business leaders and industry champions to share experiences, [[network]],earn
, do business and pitch to [[investors]]
<ref name="philanthropy">{{cite news| title= TwendeMara Boot Camp is
Finally Here| date=19 December 2014| url=http://www.ghafla.co.ke/news/events/list/itemlist/tag/eric%20kinoti%20news}}</ref> Kinoti also shares his two cents on
borrowing and savings for
entrepreneurs and businesses
<ref name="saving">{{cite news| title=Borrowing vs Savings for
Entrepreneurs and Businesses by
Eric Kinoti| date=1 July 2015| url=http://kenyansimonsays.com/borrowing-vs-savings-for-entrepreneurs-and-businesses-by-eric-kinoti}}</ref>


==Personal life==
==Personal life==

Kinoti is married to a wife with whom he has one child. He lives in the Westlands [[suburb]] of Nairobi, Kenya.
Kinoti is married to a wife with whom he has one child. He lives in the Westlands [[suburb]] of Nairobi, Kenya.


==References==
==References==
{{Reflist|2}}
{{Reflist|2}}

==external links==
*[http://www.erickinoti.com/ Eric Kinoti]
*[http://www.shadesystems.co.ke/ shades systems]
*[http://www.almatents.co.ke/ alma tents]
*[http://www.bagbase.co.ke/ bag base]


==See also==
==See also==

Revision as of 13:36, 21 August 2015

Eric Kinoti
Born (1984-03-08) 8 March 1984 (age 40)
NationalityKenyan
CitizenshipKenya
Occupation(s)Businessman, Industrialist, Entrepreneur shade systems EA.ltd
Years active2009–present
Known forBusiness, Philanthropy
TitleCEO and founder Shadesystems
Websitewww.erickinoti.com

Eric Kinoti is a Kenyan businessman of African descent born in Mombasa on 8 March 1984.[1] Along with being the Founder and CEO of Shade systems EA.ltd, a million dollar enterprise that has a presence in over 6 countries,[2] he is on the boards of several prominent East African companies. He has won several awards in East Africa and internationally. Has gained recognition of his entrepreneurial endeavours and is also a noted philanthropist. He is the Kenyan youth patron in the Kenyan chambers of commerce and received recognition as a youth entrepreneur from president Kenyatta.[3] Apart from appearing in Forbes 40 Under 40 Most Promising African Entrepreneurs twice,In 2014 Kinoti was named in forbes 30 Under 30 Most Promising African Entrepreneurs [3] In the same year,he received SOMA Awards 2014 Most Influential SME Personality.

Early life

After college Kinoti worked as a cashier in a hotel in Malindi and that's where his entrepreneurial journey truly began. Since he worked in the night shift,Kinoti spent his day time buying and distributing eggs around Malindi town. A few years later, he moved to Nairobi where he distributed milk to hotels in the city.[3] Kinoti, grew up in Meru, where he assisted his father in the shop as a cashier after school. Kinoti has conceded that, “I started Shade System Company aged 24 with only five employees and a seed capital of Sh60,000. I saw a business gap because this sector was predominantly controlled by non-Kenyans,’’[3] an attestation to his humble beginnings. However, his father, a shop owner, was determined on giving the young Kinoti the best education available.

Education

Kinoti attended St. Martins Boarding Primary School, Abothogochi Academy, Nkubu High School and earned a Diploma in Business Management from Tsavo Park Institute.[3]

Business

Eric Kinoti immersed himself into entrepreneurism completely in 2007 with a capital of just KSh 20,000 (about $200) He started buying milk from Kinoo and Kiambu and supplying the city hotels both in Nairobi and Mombasa.[4] With a saving of Ksh 60,000(US$600) he borrowed almost KSh2 million (US$20,000) from a Shylock in 2009, I set up Shade Systems where he ended up paying back the money with a million shillings as the interest. He claims that was the worst decision he has ever made. [5]

Today, Kinoti sits atop five powerful companies in Kenya and has been on Kenya’s government delegation to several international economic meetings.[5] Apart from Shade systems (EA) ltd,Eric Kinoti is also a founder and director of Alma Tents Ltd, Bag Base Kenya Ltd and SafiSana Home Services Ltd.[4] With the onset of the 2009 and 2014 came the expansion Shade Systems to other countries such as Rwanda, Somalia, Congo, Southern Sudan, Uganda and elsewhere with Kinoti being charged with business affairs in East and Africa|region[5]

Kinoti has been regarded as the Warren Buffet of Africa by the sun news [5]

Philanthropy

Having gone through hard times and alot of challenges, Kinoti's desire and dream is to motivate and mentor young entrepreneurs and start-ups to break through. He has been organizing workshops and forums for young entrepreneurs across Africa named Entrepreneurs' Boot Camp with speakers from all parts of Africa[6]

Personal life

Kinoti is married to a wife with whom he has one child. He lives in the Westlands suburb of Nairobi, Kenya.

References

  1. ^ "Business Center Interview with Eric Kinoti, CEO Shade System". 29 October 2014.
  2. ^ "From a shoestring start-up to leading supplier of tents". 16 August 2015. {{cite news}}: line feed character in |title= at position 30 (help)
  3. ^ a b c d e "ERIC KINOTI: YOUNG KENYAN ENTREPRENEUR TO WATCH". 7 January 2015. {{cite news}}: line feed character in |title= at position 26 (help) Cite error: The named reference "entrepreneur" was defined multiple times with different content (see the help page).
  4. ^ a b "Eric Kinoti eLearning:Entrepreneurship – How to start small and how to manage growth". 1 September 2015.
  5. ^ a b c d "Shade Systems entrepreneur Eric Kinoti;I make millions but I'm not a millionaire...yet". 8 November 2014. Cite error: The named reference "man" was defined multiple times with different content (see the help page).
  6. ^ "TwendeMara Boot Camp is Finally Here". 19 December 2014. {{cite news}}: line feed character in |title= at position 24 (help)

See also