How This Young Man Turned a Tzs 80 Million Failure into a Thriving Petrol Station Empire
Meet Jackson Bennedicto Nyamussa, a Tanzanian entrepreneur who transformed a massive setback into a booming business success. After losing Tzs 80 million in a failed poultry venture—thanks to a slew of disease-riddled birds—Jackson was on the lookout for a fresh start. And guess what? He found it in the world of petrol stations.
“I was devastated after losing everything in poultry,” Jackson recalls. “But when I stumbled upon insights about starting a petrol station, I knew this was my chance.”
Armed with knowledge from industry publications, Jackson launched Otto Oil, his very own petrol station. And it’s not just surviving—it’s thriving. Jackson’s station now sells between 2,500 and 3,000 liters of fuel every single day. How did he pull it off on a tight budget? Here’s how:
- DIY Construction: Jackson and his team took a hands-on approach, building parts of the station themselves, like the canopy and storage tanks. This DIY attitude saved them a ton of cash.
- Affordable Equipment: Instead of splurging on high-cost equipment, they sourced their gear from China, cutting costs significantly without compromising on quality.
Of course, the road hasn’t been entirely smooth. Jackson’s station is in close proximity to big multinational companies with deep pockets and extensive experience. But that hasn’t stopped him. “The competition is fierce,” Jackson admits. “But we’re getting better every day.”
What drives Jackson? It’s a blend of ambition and a desire to give back. “I want to be independent, create jobs, and contribute to our growing youth population,” he says.
Looking to the future, Jackson has big dreams. “I’m aiming to build a nationwide chain of petrol stations and expand into LPG distribution,” he reveals.
From a financial disaster to a thriving enterprise, Jackson’s story is a testament to resilience and vision. Who knows what the future holds, but one thing’s for sure—Jackson Bennedicto Nyamussa is on the path to greatness.
