Becoming a millionaire in Kenya is one’s choice. With Ksh 1,000-Ksh10, 000, invested wisely, one can overturn his misfortunes. Here we discuss how best you can invest the money and break the business ceiling that every Kenyan wish to achieve.
In Kenya,Ksh 1,000 may look meager, but the money can go along way into helping you achieve your goals. The first step to take is identifying the best business venture to undertake. If you have no clue, here is a list of business to start with Ksh1, 000-Ksh10, 000
- Samosa, Sausage and boiled eggs business
- Second hand clothes
- Selling roasted/boiled maize
- Hawking water/juice and njugu
- Baking chapati/mandazi
- Selling fresh vegetables
- Selling cereals
- Home cleaning services
- Selling women handbags
Once you have identified the most suitable business, take a step to search for a reliable source of your products. To do this you have to ask those who have been in the business for long, but you must employ a good approach for them to reveal where they source their products from.
The next step is to ensure you set up the business. This is the hardest step for aspiring entrepreneurs. The situation they face is similar to what students face when they plan to wake up for preps, they keep on postponing until someone comes to push them out.
The moment you set up the business, money will start flowing in-it doesn’t matter how much as long as you are making something.
When your business starts sustaining itself, it’s time to learn money saving skills. With this kind of business, you have to live on a tight budget, where your spending won’t hurt your income. Always ensure you don’t spend more than you earn.
Normally, a good business will take one year to start making something meaningful. When you reach this point, prepare to add more stock so as to accommodate your growing customers.
To be a millionaire is not as hard as you think. When you have a business that earns you Ksh200 to Ksh1, 000-because this is what your capital is capable of-you are likely to make Ksh 2,000-Ksh10, 000 in one year’s time. All you need to employ is excellent customer service and prudent saving skills.
From today,if you have Ksh1,000-Ksh10,000,just try any of the businesses listed above,and see how your life will change over time.
