10 Simple Ideas You Can Start With As Little As Ksh1000 Capital
You may not have millions of shillings in the bank to start a
business, but that doesn’t mean you don’t have any options. Let me
surprise you. There are so many ideas you can explore with next to
nothing and make serious returns out of them.
All that is required of you is to provide the skills, work ethic and a
bit of marketing. In short, that is what is called “sweat capital”. In
the world of start-ups, “sweat capital” is worth more than monetary
capital.
Enough of vague statement. Let’s get practical. Here is a run-down of
10 business ideas that require very little monetary capital to set-up.
Read through them keenly, take some notes and then go out there and do
some deep digging and you are ready to go.
10.Making homemade strawberry jam and selling (Budget: Ksh750)
This is an interesting idea because you can actually start it with
less than the cash you spend when you take your girlfriend for a movie
at iMax. The more creative you are the more income you can generate from
it. To start you will require some strawberries, sugar and lemons.
You will also need a sufuria (pot), mwiko (wooden stick) and some
plastic containers for packaging. With just a little more perfection,
you can actually secure a KEBS license and start supplying supermarkets.
If you can keep investing more time and creativity into this, there is
no reason why you should not grow it into a sustainable business.
| Budget Breakdown | Cost |
|---|---|
| Strawberries | Ksh250 per kilo |
| Sugar | Ksh100 for 500 grams |
| Lemons | Ksh100 |
| Packaging pouches | Ksh200 |
| Transport expenses | Ksh100 |
| TOTAL | Ksh750 |
One kilogram of strawberries will give you approximately 6 cans of
jam each weighing 250 grams. You can then sell a 250 gram for Ksh200
making at least Ksh1,200. Note that you can always expand your profit
margins by planting the strawberries yourself. Learn more.
9.Selling wall papers (Budget: Ksh1,800)
If making strawberry jam sounds more like a “mboche’s” idea to you,
then you might want to put your in-born interior design knowledge to
good use. Most people live in houses with a dull paint done by their
landlords. A number of them would like to have the exterior looking
better – but without necessarily repainting it.
This is where wall papers come in handy. You simply get ready-made
wall papers either from local wholesalers or by importing from countries
such as china.
| Budget Breakdown | Cost |
|---|---|
| Wall Paper Roll | Ksh1,600 per 10 meters |
| Other expenses | Ksh200 |
| TOTAL | Ksh1,800 |
You can then sell each roll for Ksh3,500 and include a Ksh1,000
charge for installation. That translates to more than double profit. The
more aggressive you are, the more sales you can make and the more
revenue you can generate from this.
8.Distributing black coffee (Ksh6,600)
If you live in towns like Nairobi, I am sure you have come across
some guys who distribute black coffee in matatu termini. Have you ever
stopped to inquire how much they make per day? Well, at it turns out,
this venture is one of those “opportunities dressed rags” kind of
things.
For starters you will require a 10 litre capacity flask, some disposable plastic cups and well…a bit of hard work.
| Budget Breakdown | Cost |
|---|---|
| Thermos Flask | Ksh5,000 for 10 litre thermos |
| Disposable plastic cups | Ksh1,000 |
| Sugar | Ksh400 per Kilo |
| Coffee | Ksh200 |
| TOTAL | Ksh6,600 |
As long as you are willing to give it your best, there is no reason
why you should walk away with less than Ksh1,000 per day in profits.
How? You might want to ask. Well, a 10 litre coffee thermos contains 65 x
150ml cups of coffee. Sell each cup at Ksh10 and you will make Ksh650
per flask.
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