Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Friday, May 20, 2022
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion

Africa's
Investment
Gateway

The Exchange
  • Login
  • Register
Subscribe
This Month's Edition
Previous Editions
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
LOGIN
Many tag-alongs, such as dogs, are accompanying people all around the world. This creates an opportunity to make more money in a side hustle walking dogs. www.theexchange.africa

Many tag-alongs, such as dogs, are accompanying people all around the world. This creates an opportunity to make more money in a side hustle walking dogs. [Photo/CT Post]

Are you broke? 7 ways you can make more money in hard times

Many people are realizing the need to supplement their incomes by engaging in 'side hustles' that allow them to earn more money.

by Njenga Hakeenah
December 14, 2021
in Industry and Trade
0
Share on FacebookShare on LinkedIn

Very rarely do people get wealthy from their pay but in life, your efforts could bear results that you could only dream of. This includes planning on how to use other people’s money to start a business.

As a result, many people are realizing the need to supplement their incomes by engaging in ‘side hustles’ that allow them to earn more money.

A side hustle, as defined by entrepreneurs, is any freelancing business that you can establish in order to create income outside of your regular working hours.

Obtaining wealth from your salary is impossible, right?

As new opportunities arise on a regular basis, folks with an eye for detail should keep their eyes peeled for new options. This is how to start a business with other people’s money.

Read: 6 business ideas for Christmas that don’t require a lot of money

Capital and competition, on the other hand, are two of the most difficult aspects of beginning any business. Copycats will latch on to your business concept and run with it if the opportunity is good enough to warrant it.

Nonetheless, if something can’t be replicated, it’s definitely not good enough, so experiment with any ideas you possess and see what returns to you.

Some of the companies that have helped people improve their financial situation include selling clothing, shoes, street food, internet services, and hawking, to name a few examples.

Simple: choose a niche and go with what works for you in order to be successful.

Some possibilities that you can take advantage of with little investment but with potentially big returns are as follows:

  1. Design of visual communications (graphic design).

Branding is essential for the many new businesses that are springing up all of the time. With graphic design talent, this is an excellent place to begin. You might find success by engaging in such business and offering to create their marketing materials, such as brochures.

Graphic Design
Photo/ Pazuri Africa Training Center

Consider including them in your portfolio if you are in an environment where everyone needs to stand out based on the industry they are in. What would be the game-changing moment for you is impossible to predict in advance.

  1. Find homes for those who are unable to do so

If you’ve been on Facebook lately, you’ve probably noticed how many groups are popping up with people advertising houses on the market for sale or rent.

Possibly, this is your chance to catch up since other people’s money is the real business of finance. Simply build a profile and reach out to property owners who may be interested in selling a portion of their property.

You just need to come up with a % and you’re done! If only you had tried harder, you might have succeeded. As a rule of thumb, to be successful in this, you must create trustworthy offers and not exploit your target audience.

  1. Web development and programming

However, web design and programming have a bright future ahead of them. You can position yourself by taking on little jobs as you learn the trade.

Dos and Don'ts of Website Design and Development - Blockchain for connecting people
Photo/Quasa

Technology is taking over, and those who are able to keep up with the times will be the most successful in the long run. If you undertake little work in this industry to supplement your income, you may one day be able to operate as your own business.

Read: Christmas vacations in Kenya on a budget: 8 Suggestions

Encourage your clients to have confidence in you, and you will flourish as a result. When it comes to marketing strategies, nothing is more powerful and effective than word-of-mouth advertising. Clients that are pleased with your services are more likely to recommend you.

  1. Write stories for potential customers

A good storyteller is someone who can tell a wonderful narrative.

You may be able to take advantage of this opportunity. Market your stories in the mediums that best suit your abilities, whether it’s text, audio, photographs, or video.

Pick a topic and run with it during a period when many people are interested in learning about what is going on in their community. With the different platforms accessible, you might tell your stories. It may not sell instantly, but you must be consistent and innovative while also using your social networks as a marketing tool.

They are your finest marketers because they are touched enough to tell their stories. You recall the word-of-mouth marketing method we discussed previously? Use this opportunity to your advantage and benefit from it!

  1. Get that dog to walk

Many tag-alongs, such as dogs, are accompanying people all around the world as they strive to achieve bourgeois status and elevate themselves.

However, even if you are not affluent enough to walk dogs, the lifestyle change has ensured that dog care and walking are becoming additional freelancing occupations that people can take on to augment their earnings.

Make certain that you adore dogs in order to receive your paycheque!

  1. Sell whatever you have

Old CDs, video games, and movies are among the items you might have lying around.

This could just indicate that your financial situation is improving. Prepare to sell your memorabilia by going through it and identifying items that will bring you a nice profit.

How to Score The Best Used Stuff at Yard Sales, Estate Sales, and Garage Sales | Real Simple
Photo/ Real Simple

The likelihood that someone will buy your collection items increases if you are a collector of any kind. As a bonus, you will be decluttering your workspace.

  1. Make money from domain names

If the internet is your thing, do you have a lot of ideas and know-how about it? Buying and selling web addresses has the potential to be quite profitable.

Domain names can be purchased for as low as US$3, but they can resell for millions if they are in high demand.

Fortunately, because all firms are required to go online, there is an enormous market available to serve them in the future. A small sum of money and your imagination are all that are required to bring it about.

A few of the ways you can make money in today’s fast-paced world include these but the opportunities are unlimited. It is those who are unable to grow with the times that face their most difficult battle.

Moreover, when you receive the money, it is not identified as having been earned through puppy sitting or jet piloting.

Money is money, and nothing can take that away from you.

Read: Investing in Africa? Continent’s unlimited digital opportunities

Tags: BusinessDomain namesEarn more moneyMoneyPeople

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

Loading...

Njenga Hakeenah

I have 10 years of experience in multimedia journalism and I use the skills I have gained over this time to meet and ensure goal-surpassing editorial performance. Africa is my business and development on the continent is my heartbeat. Do you have a development story that has to be told? Reach me at [email protected] and we can showcase Africa together.

Related Posts

Zimbabwe President Mnangagwa (with scarf) with Swiss Bioceuticals Limited at the commissioning of the cannabis farm and processing plant (Photo/ Farmers Review Africa)
Industry and Trade

Medicinal cannabis farming takes root as Zimbabwe starts licensing farmers

May 20, 2022
Africans transforming the beauty and cosmetics market. www.theexchange.africa
Industry and Trade

Africa: Women to spend more billions on beauty products as infrastructure spending grows

May 18, 2022
Tanzania and Uganda Enhance Trade and bilateral relations during Samia's state visit. www.theexchange.africa
Industry and Trade

Tanzania, Uganda scrap road tolls and allow sugar exports in enhanced bilateral relations

May 18, 2022
Next Post
www.theexchange.africaz

Picture-based insurance launched to protects Kenyan smallholder farmers from climate change

www.theexchange.africa

Nigeria attracts Africa's highest Foreign Direct Investments beating South Africa, Angola

On December 4, Russian President Vladimir Putin and South African President Cyril Ramaphosa spoke on restrictions on travellers from southern African countries. www.theexchange.africa

Russia, 4 other BRICS Countries way of dealing with Covid-19

Please login to join discussion




This months edition

May Edition

Features

EdTech role in African development
Tech & Business

EdTech’s role in African development

by Kanyali Muthui
May 16, 2022
0

Due to the pandemic, the topic of innovation in education has never been more crucial.  While most developed countries moved...

Read more
investment in African science and technology
Tech & Business

Investing in Africa’s science and technology: Where are we now?

by Kanyali Muthui
May 16, 2022
0

The continent’s digital revolution can largely be driven by building the necessary skills for the short- and long-term future, and...

Read more
Fintech revolution in Africa
Tech & Business

The Fintech Revolution in Africa’s FX Markets

by Kanyali Muthui
May 11, 2022
0

With over 548 million registered mobile money users in sub-Saharan Africa, increased internet access and readily available mobile money solutions,...

Read more
www.theexchange.africa
Countries

US – Nigeria Trade Relations: An Overview

by Wanjiku Njugunah
May 2, 2022
0

Nigeria is currently the United States' 54th largest goods trading partner, with US$7.8 billion in total goods trade as of...

Read more
A previous conference for African Insurtech sector. The Insurtech boom is deepening insurance uptake in Africa. www.theexchange.africa
Tech & Business

Insurtech boom deepening the uptake of insurance in Africa

by june njoroge
May 2, 2022
0

Kenya-based Pula is another distinguished insurtech making waves in the continent. It provides small scale farmers with agricultural insurance and...

Read more

News

Banking
Industry & Trade
Investing
Money Deals
Regional Markets
Tech & Biz
Opinion

Countries

Kenya
Tanzania
Uganda
Burundi
Rwanda
Southern Africa
Ethiopia

More

My Account
Contact us
Advertise
About us
Help Center

Subscribers Center

E-paper
Premium Stories
Education Rates
Corporate Subscriptions
Weekely Newsletter

  • My account
  • About us
  • Advertise
  • Contact
  • Privacy Policy
  • Refund Policy – The Exchange
  • Sitemap

No Result
View All Result
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
  • Login
  • Sign Up
  • Cart

© 2021 The Exchange - Powered by MediapixManaged by Supported by Digihandler,

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In