Profitable Business ideas in Kenya

*HOW TO MAKE KSH.30,000 MONTHLY FROM DHANIA FARMING* Dhania is a popular spice in Kenya commonly used in stews and kachumbari. Universally known as coriander, dhania is loved because of its pleasant aroma and the delicious flavor that it adds to food. Getting into dhania farming is a profitable venture due to its high demand both locally and internationally. A report by Farm Biz Africa stated that the international demand for dhania and similar herbs has gone up by 40% with farmers gaining more revenues of up to 25% compared to traditional crops. If you are interested in making money out of dhania farming, here is what you need to know: *STEP 1: GETTING SEEDS AND LAND PREPARATION* You can get quality dhania seeds from Kenya Seed Company, Simlaw Seeds, Kenya Highlands Seed Co. Ltd and other seed companies for Ksh. 1000. After tilling land, plant coriander seeds in drills 30cm apart at a sowing depth of 2.5cm – 3.5cm. You should expect germination to take place 10 days after sowing. *STE...

*3 SECRETS YOU MUST KNOW IF YOU WANT TO START YOUR OWN BUSINESS & MAKE IT SUCCESSFUL IN KENYA OR AFRICA* Look around and you will notice that these days everyone wants to have their own business. But what is stopping people? Why are there not many successful entrepreneurs in Africa? There are 3 (hidden) reasons for this. First reason is because we grew up in a society where nobody expects (or encourages) you to build a business. When I went fully into the business world after my university education, everyone in my family thought I was crazy. You know, everyone wants their children to work for "big companies" That's number one reason why we don't have many successful entrepreneurs in Africa Growing up, we don't dream (or desire) to build companies. The second reason is because everyone talks about what is bad with us. We focus extensively on the problems in our countries and continent. No one sits back to look for the opportunities We can't build companies...

*FRUIT VENDORS WHO LIVE LIKE KINGS* *Josiah Akolo* Josiah is an entrepreneur who has just joined a rare club of millionaires. The banana trader in Nairobi made his first million 3 years ago, two years after he started the business venture. Josiah shares his story. “The first time I touched Nairobi was in 2010. At that time, I had completed my high school and was ready for any challenge in life. Immediately I settled in Nairobi I came face to face with the challenges of living in the city. The first thing to hit me was that everything I did required money. I was forced to be innovative. With Ksh.2,000 in my pocket, I decided to sell second hand clothes. The business was at first not good because the location did not have traffic. In a day I could make Ksh.100 to Ksh.300. That forced me to move to Jogoo Road from Ruiru. I did the business for two years, making my meagre profit. After realizing I was not moving in terms of financial stability, I decided to diversify. That was when I start...

*YOU CAN CREATE WEALTH AS AN ENTREPRENEUR IF YOU CAN DO THESE THREE THINGS* Today I will be sharing with you a topic which interests most of us (or all of us)… how to make money. To start with, what is money? I know, that question sounds stupid. Since you are not a baby, of course you know the definition of money and what money is. Your teacher in primary or secondary school must have taught you that money is a medium of exchange of goods and services (or something similar). Now, listen to my definition of money … money is the reward we get for offering value and making the world a better place. If we see money in the light of my above definition, we will have a better approach for creating wealth. To create wealth, you have to understand that your primary task is to offer the world around you (your street, your city, your country, your village) some value. Riches are only a reward, not a goal. Let me explain with an illustration I love very much. Because our families needed eggs and s...

*WONDERING WHAT VENTURE YOU CAN START WITH KSH.20,000? TRY MANAGU BUSINESS* Many people have come to realize the dangers of surviving on junk, processed food and red meat; a feat that has led to a boom in demand for indigenous foods such as Managu.  To give you the perspective, 10 years ago, managus worth Ksh.10 used to be enough to feed a family of four for two days. But today, even with Ksh.50 one would struggle getting enough stock to feed two people for a day.  With such growth in popularity, it’s possible to say that there is no better time to venture into the business of planting, packaging and wholesaling managu.  You only need to think smarter than everyone else and launch your business with as little as Ksh.20,000 and end up making as much as Ksh.1.2 Million per year.  Read on to find out how. *What Is Managu?* Managu is a kikuyu word for the African nightshade plant. The Swahili call it Mnavu, Luhya’s call it Namasaka, Luos refer to it as Osuga, Kambas simp...

*BAD DEBTS ARE LIKE HIGH HEELS, WE LOOK FABULOUS WEARING THEM BUT OUR LEGS FEEL EXTREMELY PAINFUL.* Debt can be compared to your shoes. You have great heels that look fabulous, but hurt like hell.  You have your flat shoes that appear boring, but are comfortable and you can still enjoy the use of your back in old age.  Bad debts e.g car loans, furniture loans, holiday loans, wedding loans are like the high heels. We look fabulous in our cars, our furniture is the envy of all our friends but the monthly repayments we make are extremely painful.  At one point in our lives we can all say we have lived beyond our means and we were able to recognize that fact. However some may be living beyond their means but they have no idea.  It is easy to find yourself in this kind of situation given the YOLO (You Only Live Once) mentality of today’s society and the need to fit into a particular class, created by lifestyle trends on social media. Most people live a lie. They drive big...

*MAKING MONEY WITH WASTE PLASTIC* As the country forges towards doing away with plastic pollution, Francis Muriithi is steps ahead in the plastic recycling business. Starting off as a hawker in Karatina town Nyeri County 12 years ago, Mr Muriithi has turned collecting trash into a fortune. “We came together as a team to clean up the town by collecting garbage for a little fee but did not live up the task as some members left,” said Mr Muriithi. Once his teammates left, Mr Muriithi started collecting garbage with zeal including scrap metals. “I used to deliver scrap metals to dealers within town but I realized that there were lots of plastic bottles in the trash. I seized the opportunity and created my own path of success,” he said. Mr Muriithi, an employer of four people, is currently the sole plastic collector in Karatina town. He buys a kilogramme of the waste at Sh.10 and sells them in Nairobi. “After the initial stockpile I thought if there was a market for scrap metal there must b...

*ENTREPRENEURSHIP IS ABOUT SOLVING REAL PROBLEMS THAT PEOPLE FACE IN THEIR LIVES.* “Life is too expensive,” “It’s a hopeless scenario out here,” “I will never get out of debt,” “Were it not for my parents I would have done better in this life”.  Have you ever found yourself making such utterances?  Well, be my guest. Whichever way you look at it, there is always someone who we can all blame for our woes – whether in business or in life in general. But as it turns out, blaming just compounds the problem instead of solving it. This is how the cycle goes…the hustlers blame the banks for not making loans affordable enough for start-ups. The banks blame the government for collecting too many taxes making it difficult for them to operate profitably. Then the government blames the hustlers and banks for not paying adequate taxes hence inhibiting normal service-delivery. The politicians blame everyone else apart from themselves of course. Isn’t that how we live on this side of the pla...

*WHY NURSING IS AMONG THE BEST CAREERS IN KENYA. HOW TO BECOME RICH AS A NURSE IN KENYA* There is no time Chemist business was as booming as the period between 2020 and 2021.This is one business which will guarantee over 100% return on your investment. Until recently, I wasn’t sure how chemists were making money out of an ignorant population. I later came to understand that chemists don’t have fixed prices for the drugs they sell. Do your research and you will confirm that drugs do not bear same price across chemists in the country. The best thing about operating a chemist in Kenya is that you are the one who determines how much you charge your customers. Imagine you can buy a certain drug at Ksh.200 and sell it at Ksh.800. Our survey shows that individuals who run chemists in Nairobi make at least Ksh.3,000 per day-this is minimum profit you make in a single day.  Of course anyone can start a chemist but it would need some collaboration with a registered nurse or pharmacist. So if...

*“THINK AND GROW RICH” NOT “WORK AND GROW RICH”* It’s not a secret. The poorest people on Earth are people who work the hardest (at least, with their bones) Go to companies and factories. Visit any company you know. Look for people who work hardest and you’ll see the sad picture. But wait. Justine, do you mean I should be lazy? No. I mean you should work less with your bones and more with your brain.  If you truly want to become a successful entrepreneur, you’ll have to discover a wonderful business idea to build your business on. But that is just the beginning. After you discover a great business idea, you’ll need a million other small ideas to grow and build a successful company.  As an entrepreneur, you need an idea every day (EVERY day) of your life and any day you don’t come up with new idea(s) is as good as no day. You must keep on improving your business and operations (and you must do so very fast to beat competitions)  If this is true (which is true), how can you...

*WITH SH.300,000 YOU CAN START A MINERAL WATER DISTRIBUTION BUSINESS AND MAKE OVER KSH.20,000 WEEKLY* With an estimated 50,000 graduates that Kenyan universities produce every year not to mention other graduates from vocational training institutions, unemployment is becoming a real disaster. It follows therefore that there is need for business ideas that can help, especially the youth to get engaged in and make a living and the bottled water distribution business is one. In Kenya, bottled water market continues to thrive with sales estimated at Sh.12 billion per year and over 100 brands available can provide a niche market for distributors. Being one of the essential commodities in every society, water actually falls under fast-moving consumer goods (FMCG) that sales quickly and at a relatively low cost. With Sh.300,000 you can venture in the distribution of bottled mineral water and be sure of making cool cash on a weekly basis. First, you can start by buying some two second hand moto...