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6 Low Cost Business Ideas You Can Implement This Weekend

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In the entrepreneurship world, so much is said about startups and the hardships, hustles and all the difficulties one goes through to establish themselves.  But hey, I believe that in every sphere of life you have to struggle to get what you want. No gain without pain. Even in school, to get those first-class results, you have to warm those books and do research to give the best proposal. So, it is not any different when it comes to entrepreneurship.

Today I am going to take us on a journey of start-ups where we will get to learn how we can earn thousands with less than Ksh. 500. Personally, I believe so much in the humble beginnings. And in most cases, whatever you learn on the ground and implement is what sustains you, even when you get big.

  1. Hawking

I’m sure if not most of us upon seeing the word hawking are like… “No, that’s not for me!” But before you brush off that idea, why don’t you follow me in a few. First of all, there’s no fee you pay for hawking. You just use what you have. Your feet and hands. You can hawk anything as long as you have the passion.

Take for instance sweets, umbrellas, toothpaste, water, biscuits and the like. And good thing is that you need less than Ksh. 500 for such. On a rainy day, you will buy an umbrella for Ksh. 100 or 150 and sell the same at Ksh. 300 or even Ksh. 500. Now say you sell like 50 umbrellas.

Selling mitumba is another business that requires minimal capital. This is because you can start with as low as Ksh.500, go to Gikomba market, purchase ladies’ tops at Ksh. 30 each and sell them at Ksh. 200. Now that is something to think about. You can hawk such clothes in big companies and get higher profits.

  1. Shoe shining Stall

Ever thought of shoe shining? Well, this too is a great idea.  For a pair of shoes, you pay Ksh. 40 or Ksh. 100, depending on the location of the shoe shine stall. And if it is around a busy town, it becomes even more profitable. You can actually make so much money a day, because everyone wants to look smart in Nairobi.  And the good thing is, you only need your hands, shoe polish and brushes, water and of course a cleaning material especially on muddy days.

  1. Bodaboda industry

This is also very profitable. For starters, the Bodaboda is owned by someone else and they entrust it to you, saying by the end of the day you are supposed to bring him a fixed Ksh. 300 or Ksh. 500. That means for a ride it is Ksh. 50, what if you begin working from 6:00am till say 9:00pm. Meaning you will have had more than 30 customers in a good day.  That translates to Ksh. 1500 in a day. And you get to go home with Ksh. 1000 daily. What if you get hired to do corporate events delivery? The profits are way higher.

  1. Boiled Eggs and Smokies

Selling boiled eggs and sausages is another upcoming start-up with very good returns, especially if you do both. This means you buy a packet of smokies at Ksh. 330, and a packet has 24 pieces, and sells one at Ksh. 25. That means for a packet you make Ksh. 600. From one packet you make a profit of Ksh. 270. Now that is good money for smokies alone. How about you incorporate eggs? That is much more profitable.

  1. Manicure and Pedicure

Doing manicure and pedicure on the streets and in people’s houses is another very profitable venture. This will cost you less than Ksh. 500 because especially in the beginning where you do not necessarily need space. Every woman today wants to look and feel beautiful. Making ladies nails goes for Ksh. 200 for each, when it is the polish alone, with no decorations and a bottle goes for Ksh. 100.

  1. DayCare

Starting a daycare business is also another very amazing idea. This is especially if you have space. For starters you can do four beds, a simple table, and dressing area. Nowadays, mothers do not want to leave their children in the hands of house helps, because they have become unreliable. They prefer a daycare where they can leave their children while going to work and get them in the evening, after work.  For a single day, that goes between Ksh. 100-1000. For a day, that is very profitable.

All these among many more are businesses you can venture in, start small and build yourself up. Within some few years, you will be glad you tried something out, because looking back; it will be worth it.

All the best! I am sure most of you will agree with me now that it is not all about the capital. Passion and talent can pave way for you. Re-examine yourself and know your passion.

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Entrepreneurs

Reuben Kimani Crowned the African Business Personality

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Reuben Kimani CEO, Username Investment Ltd was crowned the 2019 African Business Personality Award at the Voice Achievers Award gala dinner recently held at Louis Leakey Memorial Hall in National Museums of Kenya. Reuben was awarded alongside His Excellency Raila Odinga, Governor Kivutha Kibwana, Prof. PLO Lumumba, Dr. Kizza Besigye, Hon Ababu Namwamba, Arch Bishop Arthur Kitonga among other distinguished leaders. The Deputy President William Ruto was also in attendance where he witnessed the winners receive their awards.

The Voice Achievers Awards was established in the Netherlands by The Voice Magazine and seeks to recognize outstanding men and women who have made positive impact on Africa and its people. The award is held yearly and is on its 10th Anniversary and this was the first edition of the awards in Kenya. The winners ranged from Africans and friends of Africa who in pursuit of their businesses and services to humanity, have distinguished themselves in various fields of human endeavor across the African continent.

I thank God, my family, Username Investments Team, our clients and stakeholders for believing in me. I am humbled by this recognition of our efforts in making property ownership inclusive for everyone regardless of their income. Our desire as Username Investments has always been to provide Kenyans living locally and abroad with a place they can call home at affordable prices. We have been in the industry for over 6 years and I am proud that we have impacted thousands of clients across the formal and informal sectors and especially the youth”, Reuben Kimani said as he received his trophy.

Reuben Kimani was accompanied by Username staff members who cheered him for his outstanding leadership.

The proportion of Kenyan youth to the population stands at 20.3%, the highest in Africa and among the highest globally according to the US-based Population Reference Bureau. This population has been faced with unemployment and I am glad that Username Investments has created employment to over 50 directly and 500 indirectly employed in our three offices; two in Nairobi and one in Nakuru”, Reuben continued.

Reuben Kimani, CEO, Username Investment Ltd. receiving his award as The 2019 African Business Personality at the 2019 Voice Achievers Award Ceremony

As the co-founder and CEO of Username Investments, Reuben believes in being impactful in the society by focusing on ideas and work that radically transform people’s lives. His mantra is to get important things done and done fast. Housing being a basic necessity of every human being alongside food and water, he has led the Company to make properties deliberately affordable with prices as low Ksh 199,000 which are also value-added with a perimeter fence, estate gate, graded access roads, water and electricity making them ready for immediate development. This has made great contribution in the Affordable Housing Agenda, one of the 4 key pillars of the government development agenda that aims at providing affordable homes to Kenyans who have been experiencing prolonged renting periods especially in the urban areas.

To all young people in Africa, take action and do something. Talent, knowledge and big talk is useless without action”, Reuben concluded by encouraging young people to do something that will have an impact in their lives.

Username Investment Limited Team together with the CEO, Reuben Kimani, after he won The 2019 African Business Personality Award at the Voice Achievers Awards

Through his leadership, the Company has accomplished over 37 projects, issued over 6,000 title deeds to clients living both in Kenya and the diaspora. His efforts have seen the Company bag accolades across the industry for outstanding performance including; Top 100 Midsized Company Award, Real Estate SME of the Year, Best Land and Investment Company among others. As an individual he has bagged Diversity and Inclusion Business Executive Champion Award, Entrepreneur of the Year by Kenya Professional Realtors Association (KPRA) and JKUAT Alumni Achievement Award for his achievements post-graduation.

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George Wachiuri-The ten ‘P’s of success

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For a young graduate to make it in the job market, he must have a set of qualities that set him apart from the rest, in this video George Wachiuri shares with you the ten’P’s that will make you soar like an eagle and achieve greatness and create a difference.

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Education Is No Longer A Key To Success In Kenya.

Walter Kiongozi

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Growing up in my rural village many years ago, I remember clearly my primary headteacher telling us every Monday to study so hard so that we can be able to a join good secondary schools which was like a breakthrough of pursuing good courses at the university. An entry to the university was every parent’s prayer as it was a sign of success and to be specific wealth. It was the most precious thing that joining the university could make a headline in the village.

There was value in education with every graduate receiving the respect he or she deserves as appreciation of hard work. What happened to Education as a key to success is a puzzle that everyone is trying to solve. In a country where the primary schools drop outs, KCSE grade ‘D’ graduates, sorry to say are advising and lecturing First class honors graduates on how to cope up, survive and succeed in real world is an indication that things are changing and the norm is no longer normal.

As an engineering student at the University of Nairobi, Kenya’s premier University, I have spent 5 years in class and engineering labs acquiring skills which I believe are relevant in the corporate world and necessary in the job market. Unfortunately, my work is being offered to a diploma or certificate graduate who is not only believed to be affordable but also easy to handle, demote and fire anytime without an explanation.

Any graduate has a prize on his head which employers don’t like. There is no longer respect and honor in education. The degrees and academic papers are only admired by those who do not have them and the majority who have the qualification are a disappointed lot because the papers they are holding are not adding value to their life. In a country where without a ‘god father ‘you will walk around with your degree or masters until social media or a good Samaritan comes to your rescue is a society which does not value education.

Ever asked yourself why a son of an engineer will pursue engineering, a daughter of a lawyer with pursue law and an economist will make sure his child goes in the same field? It is called maintaining the roots and strengthening the plant. What of that poor son or daughter who hails from a rural village somewhere with no god father or no one in the field he or she studied. Will that poor child ever be employed? Is there hope? What happened to the respect of the mighty degrees?

Having a tall relative has not only killed the basic foundation of employment criteria but also weakened the educational systems of the country. That is why it is no longer a surprise to find an engineer working in a hospital as a nurse, a theologian owning an engineering consultant firm and an anthropologist advising people on what they should do with their money. It is not your qualification anymore it is who you know.

What now?

I think it is a high time our lovely teachers stop feeding children at a young age that Education is opens the door to success. It no longer the key to the door; it is a key to the gate of success; more is needed to get to the door of success and who knows maybe that padlock got lost. Having a lot of knowledge in class is not a guarantee of success in life. Passing all your exams and getting a first-class honor is not a surety of securing a job in Kenya. Our children should be advised and nurtured to be smart both in class and outside class. Let a student not got to games with a C.R.E test book pretending to be reading for exam, let a student not go to drama, environmental or journalism clubs with a physics encyclopedia pretending to be the most hardworking person. the society we are living in does not require hardworking and bright people, it needs intelligent and smart people fully of diversity who can discovered what is not taught in school.

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