Five Businesses One Can Start With No Capital? Is it possible? Yes!

After all, capital does not mean that you start without a single penny. When we say no investment we are talking about the lowest possible investment.

It is known that capital is still the biggest obstacle for those who want to start profitable businesses. You wouldn't want to start a mining business without enough money to say that you could do it even if you had the land where those precious stones are located. There are types of businesses that require high capital due to the nature of these businesses. In English they are known as “Capital Intensive Businesses”.

As a young person, what business can you do that does not require a high price?

In this article, we share five examples of businesses that you can start without a significant investment.

Knowledge based business: Knowledge is not valued by many. However, the knowledge that you have in particular that many of you know can be the capital of your business. If there is something you know how to do your friends and acquaintances ask you to help them become a business. For example, you know how to cook so that people will use you to cook for them on the days of their celebrations. That's business. You know how to design so many people need you to serve them and visit them... If it's a business and profitable, give it to people you know. Do you know how to pour so much that your friends ask for it? Start a business and save money.
Businesses that advertise and sell other business tools and services: There is no business that does not need someone to advertise their business and bring them customers. If you start a business that advertises activities and finds other business clients, by understanding the commission process it does not require capital. It requires knowing what the market needs and knowing what the business is doing and then connecting the customers with the business that will really save you and save you. The advantage is that you get to know more entrepreneurs, which in turn increases your acquaintances and interests.
Real estate listings: Many people consider the services of real estate agents. But since the creation of the world, people have not built houses or expanded land. Does the feature cost money? Request information on homes for sale or for sale and locations. How do you get started? You would start in the area (akagali) where you live and gradually expand until you reach the level of recognition at the sector and the region, and at the level of the province. The more customers you have, the more employees your business will need. Here you start with wow alone and go to the news. In English this business is known as a “Real Estate Agency.”
Selling special items to the diaspora and foreigners: Rwanda is a country that already has a large diaspora and is a country visited by many foreigners. Be sure to sell unique items found nowhere else in the world, such as cultural and historical artefacts, at a bargain price. Are you wondering where these people come from to be the first customers? You can get them off the ground. Where can I get these materials? There are art companies and cooperatives all over the country.
Babysitting Business: How Babysitting Business? The trick is to tell your parents that time is a problem. Domestic workers are also not trusted especially by foreigners who live or visit Rwanda, since even in their culture there are no domestic workers. But there are hours on the weekend when they want to go out and go far away from where they live and they don't have someone to leave their young children with and they need to be with an adult. Do you have the talent to be loved by children and know how to play with them and even speak foreign languages? Learn business because there is no city in Rwanda that does not have foreigners living there. This is often known in foreign languages as the “Baby sitting business.”

There are many small business ventures that require a lot of foresight and determination. It's hard to start something big because you don't have any capital. Just as many people start out building traditional houses and move up to building new ones, so do businesses.

Share with us a business that you feel does not need high capital.