20 Businesses to Start with Ksh 150,000. Best Profits!

Summary

In this video, the speaker explores five business ideas you can start with as little as 150,000 Kenyan Shillings. The video categorizes businesses into three groups: fast-moving, medium-moving, and slow-moving, each with varying profit margins. Examples include butcheries, general shops, cosmetics, and more niche options like interior decor and cement supply. The speaker also offers advice on how to manage these businesses, such as targeting residential areas or institutions, and promotes the availability of detailed business plans for purchase to help viewers take the next step.

Takeaways

• 💼 The speaker discusses five businesses that can be started with as low as 150,000 Kenyan shillings.
• 🚫 Not everyone prefers investing in shares or money market funds (MMF); some people prefer conventional businesses.
• 📊 Businesses are categorized into three groups: fast-moving (low profit margin), medium-moving, and slow-moving (high profit margin).
• 🍖 Fast-moving businesses, like food-related ventures such as butcheries, offer quick customer turnover but lower profits.
• 🛒 Other fast-moving businesses include cereal businesses, general shops, and fast-food outlets.
• 💇 Medium-moving businesses like fashion, beauty, clothing, cosmetics, and salons can also be started with 150,000 Kenyan shillings.
• 🎮 PlayStation and gaming centers are potential medium-moving businesses, especially near educational institutions.
• 🏗️ Slow-moving businesses include construction supplies, interior decor, and electrical goods, which offer higher profit margins but require more time to establish.
• 🛠️ Interior decor businesses, such as selling curtains, wallpapers, and chandeliers, can be lucrative for outgoing entrepreneurs.
• 📋 Business plans are available for purchase from the speaker at 280 Kenyan shillings, with the option to contact them for more information.

Q & A

What is the primary focus of the video?

The video focuses on five businesses that can be started with as low as 150,000 Kenyan shillings, offering different categories of business options with varying profit margins and customer flow.

How are the businesses categorized in the video?

The businesses are categorized into three groups: fast-moving businesses with low profit margins, medium-moving businesses with moderate profit margins, and slow-moving businesses with high profit margins.

What is an example of a fast-moving business mentioned in the video?

A butchery business is given as an example of a fast-moving business, as it deals with food, which tends to attract a consistent flow of customers.

What advice does the video give for starting a butchery business?

The video advises that a significant portion of the investment will go towards branding, setting up the counter, and non-strategic items, while the actual meat products are not very expensive.

What kind of medium-moving businesses are suggested in the video?

The video suggests businesses like cosmetics shops, barbershops, salons, cyber cafes, and sneaker stores as medium-moving businesses with a moderate profit margin.

How can one improve a cosmetics business as suggested in the video?

It’s recommended to combine a cosmetics business with salon services, as they complement each other and can attract more customers.

What are some challenges mentioned for starting a cyber cafe?

The video highlights that many people have access to the internet at home, making it crucial for a cyber cafe to offer additional services to stay competitive.

What types of businesses fall under the slow-moving but high-margin category?

Businesses related to construction, interior décor, and electrical supplies fall under the slow-moving category, where initial profits may be slow, but the profit margins are high.

What is recommended for entering the construction supply business?

To enter the construction supply business, one may need to approach warehouses and offer competitive pricing to secure tenders, especially for products like cement and doors.

How does the video suggest targeting customers for sneaker businesses?

The video recommends locating sneaker businesses near universities and colleges, as young people tend to be the primary customers for this type of business.