Why He Retired a $20K-a-Month Business to Bet on AI | Brian Namanya | Uganda Edition

Before Tubayo had a working app, Brian Namanya was selling travel experiences through WhatsApp and DMs. He eventually built a travel and commerce business in Uganda, including a marketplace that generated up to $20,000 in monthly revenue at its peak. So why did he walk away? In this episode of Financially Incorrect Uganda Edition , Brian Namanya, founder and CEO of Tubayo, shares the realities of building a technology company in Uganda, from his early days onboarding riders for Taxify to creating a travel marketplace and growing Tubayo Market Days into a business serving hundreds of vendors. He explains how he turned social media into a customer acquisition channel, built a travel business before the technology was ready, and used community to create a new revenue stream. But as Market Days grew, Brian faced a difficult decision: continue scaling a successful events business or redirect his resources towards the technology company he had always wanted to build. Brian also opens up about the financial consequences of an uninsured car accident, the pressure of sustaining a growing team, his experience in New York and Silicon Valley, and why he believes African technology companies need significantly more capital and infrastructure to compete globally. --------------------------------------------------------------------------------------------------------------------------------------- Financially Incorrect Live Early Bird Tickets Still Available Get Yours Here: ⁠ https://financiallyincorrect.mookh.live/ Access all our links in one place:https://lnk.bio/Financially_Inc 💹 Ready to start trading? 🧑‍🏫 Learn how to trade: ⁠https://lnk.bio/fxpesa 📲 Open a demo trading account: ⁠https://bit.ly/DemoAccountYT⁠ 📈 Start live trading: ⁠https://bit.ly/LiveAccountYT⁠ --------------------------------------------------------------------------------------------------------------------------------------- Episode Chapters 00:00 Introduction and Financially Incorrect 04:41 Growing Up in Entebbe and Discovering Entrepreneurship 20:33 His First Business and the Economics of Branding 24:02 How Social Media Got Him a Deal With Taxify 34:18 Starting Tubayo: Selling Travel Through WhatsApp and DMs 42:08 Building a Travel Business and Learning to Price 47:40 How Tubayo Market Days Became a $20K/Month Business 01:02:09 New York, Silicon Valley and the AI Ambition 01:12:32 The Car Accident That Drained Company Resources 01:15:57 Closing Market Days and Rebuilding Tubayo 01:18:56 Why African Tech Needs More Capital 01:28:09 Brian's Advice on Building Businesses