I got this list from the website, Startupnation.com . The only ideas that seem to be viable are the tutoring idea and the online professor idea. I can see how both idea’s could work, especially if you have strong skills in mathematics (since that’s the subject that most American students have difficulty with) — If I had the math skills, I would target liberal arts majors who have to take 2 or 3 math classes to graduate, but have difficulty getting through their assignments/homework.
So, you’d literally have them send you their assignments via email, you’d do their homework for them(for a fee of course!) and you’d send it back. And don’t feel bad about them not learning the material because these are English majors who want to become writers not nuclear physicists, but they need to get past those classes in order to graduate {“C” stands for “C” you at graduation}…& another thing: American college students have credit cards, so it would be easy to charge them on-line.
The other ideas are just too difficult to set-up or involve too much work (unless you have a passion for them).
Tutoring: The last U.S. Census reports more than 76 million school-age children. Federal laws like “No Child Left Behind” and state requirements that students pass tougher standardized tests before moving to the next grade have led to booming demand for tutors.
Hair Care/Makeup: Women – and men – spend big money on grooming services. Assisted-living homes, nursing homes and senior centers are great places to get started, and sharpen your skills.
Child Care Provider: U.S. Census figures also show that more than 20 million children live in single-parent homes. Many of those working parents need and are looking for childcare – especially outside of regular business hours.
Catering: This is a great first step to opening a restaurant. Home-based catering is an inexpensive way to build clientele, test recipes and find out if you’re suited for the rigors of food service.
Cleaning/Lawn Service: With unemployment low, more people have less time – but more money – to spend on taking care of their homes and lawns.
Online Professor: Have an advanced degree or a lot of experience? Selling your services as a virtual instructor can be lucrative. Web-based and traditional colleges and universities offer online courses.
Financial Services/Business Consultant: If you know your stuff and have a proven track record, financial planning and/or business consulting can pay big.
Party Planning: Kids’ birthday, sweet 16 and graduation parties, bat and bar mitzvahs and other celebrations today involve a lot more than just buying a cake and inviting people over. Besides event planning, other niche opportunities include making invitations, decorations and party favors.
Computer Services: Whether you fix the machines, develop software or are able to translate technical jargon into everyday language, this growing field needs experts who make house calls. Many new users, especially older people who once avoided computers, now are giving in to lower prices. This new wave needs help with everything from setting up their new box to using the Web.
Personal Organizer: If you have a knack for neatness, you can turn it into money by starting a service to organize anything from closets to computer desktops.
It is vital that you have adequate insurance if you are going to have customers visiting your home premises. Your residential insurance more than likely won’t cover business-oriented activities. Along with covering liability, getting business insurance has the added benefit of typically covering your machinery and furniture..
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Joenickson:
You can’t leave us hanging like that! give us this list of businesses that one can start without capital. The longer the list, the better!
On shares:
I have yet to figure out how people in Kenya are making decisions on when to sell and when to buy. What’s their analysis? especially given the fact that so few of them use technical indicators like charts and other tools.
Hi,
When it comes to busines, i have ben amazed to know of the existence of so many oportunity that dont even require any capital.
I know of an insurance company here in kenya that requires you to only bring three clients and you are in the payroll.
And on shares….i totally agree with you.emotions should not be a factor in holding/disposing.
You can certainly do the on-line tutoring from Kenya if you have access to the internet and you wouldn’t have to tell the American college students that you were based in Africa – most would probably not even know where or what Kenya is.
I suppose to get the clientele you’d have to advertise on places like myspace or facebook (sites that attract a lot of young college students)
Interesting business ideas. Many of them may not require a large initial capital, but an established clientele may come in handy. Do you think any of these can be successful in Kenya?