Small Business That Can Make You Rich - YouTube

Channel: Mumo

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we used to say cracking, no payings you聽 need to be old in order to have even聽聽
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heard that one what's up guys welcome聽 to my channel my name is James if聽聽
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you haven't yet subscribed to my channel聽 please do so right now click on the bell聽聽
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icon to make sure that you're notified of聽 every new video that I do today I'm giving聽聽
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you business ideas that can make you rich five聽 good businesses let's get those credits rolling
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whenever you are beginning business one of聽 the things that you usually look at is how聽聽
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much money you will make at the end of the day and聽 for many of us we want to make the most money in聽聽
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the least amount of time so these are five ideas聽 that I know that if you put them in practice you聽聽
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can be able to pick one of them and use them聽 and make some money it will actually make you聽聽
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the first business is welding now in this country聽 people are buying land I talked about land patches聽聽
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and you can look at that video here it will appear聽 somewhere here when I talked about five businesses聽聽
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and land buying was one of them so you can look聽 at it up there but something that is associated聽聽
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with land is building of houses and every single聽 house that is being built there will be metal聽聽
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work that will be done so the welding business聽 actually corresponds to the house construction聽聽
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business but here is where the welding business聽 actually makes you you have to look for a place聽聽
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where there is a growing population where people聽 are actually building houses and there you now go聽聽
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to the construction areas speak to the foreman聽 or if you're lucky if we can find the project聽聽
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owner and look for the job of actually doing the聽 windows the doors the metal grills and things聽聽
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like that and then now you can get four or five聽 six in a particular location and you do all that聽聽
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work so that is how you can make money you need a聽 license of course you need to be a licensed person聽聽
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that can cost you between seven thousand Kenyan聽 shillings to about twenty thousand depending on聽聽
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the county where you will be working from then you聽 have a small enclosed area where you will have as聽聽
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your workshop because you don't need a very big聽 space in order to do the work because when you're聽聽
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working one of the things that you need to do is聽 have a place where you can place your equipment or聽聽
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if you do not have a safe place then you can聽 actually be wearing it from your house every聽聽
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single morning but of course that will be tedious聽 after a while then you need somewhere where聽聽
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you can be storing the things that you haven't聽 finished working on so those are the things that聽聽
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you need to look at you can have a small space聽 you don't need a very big space in order to do聽聽
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a welding business one thing you need to watch聽 out for in the welding business is that you need聽聽
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to control the electricity that you use because聽 electricity is one of the biggest expenses that聽聽
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are there in that business additionally you need聽 to be very careful in the use of your equipment聽聽
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because electricity is dangerous and someone can聽 also get hurt when you're cutting pieces of steel聽聽
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so you need to be very safety conscious in order聽 to be able to make that business succeed you can聽聽
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make good mark-ups of about 5,000 to 10,000聽 per door per frame metal grill depending on聽聽
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how your your pricing whatever you're providing聽 for your customers you also make sure that your聽聽
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customer service is good because when if you give聽 a unique design to a particular customer usually聽聽
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when people come to do housewarming for the house聽 they will ask oh I like the way your doors are聽聽
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I like your windows and I want to build my own聽 house, so who did your doors who did your windows聽聽
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and that can be a referral business that you can聽 actually take care of so the number one business聽聽
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that I want to talk about that I've talked about聽 business number two is yogurt food one that had to聽聽
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do with the food in the video so number two is聽 yogurt and the reason I'm talking about yogurt聽聽
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not milk is because once you do a process on a聽 particular thing then you make it more valuable聽聽
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look at it this way if you right now pick a liter聽 of milk and sell it raw you'll probably do about聽聽
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40 or 50 shillings if you're lucky on raw milk聽 but a quarter liter of yogurt is about sixty聽聽
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shillings so if we have a liter of yogurt is 240聽 and a liter of raw milk is 40 shillings imagine聽聽
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200 shillings difference between a liter of and a聽 liter of yogurt so that is where I'm coming from聽聽
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yogurt is a valid addition on raw milk so that's聽 what you need to look at the first thing that you聽聽
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need to do is do your research on yogurt and the聽 best place to go to is where you are right now on聽聽
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YouTube check for how to make yogurt I'll place聽 even a link below and even some links for some聽聽
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other websites that you can go to and get recipes聽 on how to do your guts they will be places where聽聽
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you can now use the information that you get there聽 and make your own secret recipe which you can now聽聽
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make your own brand of yogurt the second thing聽 that you need to do is buy equipment and with聽聽
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about a hundred thousand Kenya shillings you can聽 have good equipment of course you can improvise聽聽
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on some of the things that would be required to聽 build a yogurt business I will do a downloadable聽聽
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PDF in the description below which will be able聽 to give you some of the equipment that you would聽聽
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need in order to begin a yogurt business with聽 links of also where which places you can go to聽聽
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and actually start purchasing the equipment that聽 you would need for a yogurt business it is a good聽聽
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missus to begin because all you need to do is聽 test the formula and then you can be able to聽聽
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refine it and then get to market with it you will聽 need a cabs certification which is a Kenya Bureau聽聽
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of Standards certification they will come pick聽 a sample of the yogurt that you have take it to聽聽
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their labs and once they certified then you're聽 actually allowed to sell it commercially then聽聽
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you need to do branding of your particular type聽 of yogurt do a little marketing on YouTube with聽聽
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your friends and family and you are on the way so聽 what you need to do is once you start selling make聽聽
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sure that you also reinvest that money back into聽 your business so that it can be able to grow a聽聽
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bit faster as you sell your invest back into your聽 business buy more equipment do better marketing聽聽
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as you go on like that you will surely succeed so聽 yogurt we need some yogurt so third business is a聽聽
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business for dogs this is how it begins you need聽 no experience no money all you need is to have聽聽
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dogs so this is how you do it you get at least two聽 dogs and then get puppies from them and you need聽聽
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to make sure that you train them if you want to聽 make more money from them because strained dogs聽聽
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are more expensive than untrained dogs to train聽 them you have the potential of making much more聽聽
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money from them than if you are not trained so the聽 next thing you need to do is check the particular聽聽
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area where you'll be selling the dogs from the聽 higher-end markets are more profitable Pat dogs聽聽
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because you can sell a dog at a higher markup聽 than if you did it in a middle-income area then聽聽
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you need to see that the places where you're聽 actually selling them are probably people with聽聽
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their own fences because in apartments it would聽 be a bit difficult to actually keep dogs so you聽聽
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go to a place where the owner would have their聽 own fenced house that way you can be able to get聽聽
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better money from the dogs the next thing you need聽 to check is the type of dog that you will actually聽聽
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be selling because there are those which make聽 much more money and then those which are more聽聽
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common and they will make you less money so you聽 need to check on the types of dogs that you're聽聽
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actually selling or training so that it will be聽 a bit easier for you to actually make money from聽聽
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the sale business number 4 video game Paula and聽 it goes without saying that this days children聽聽
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love games it's not like the old times where we聽 actually just used to go around and play marbles聽聽
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and it was oh yes we used to say cracking snow聽 panes you need to be open in order to have even聽聽
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had that one but this days most of the children聽 are playing video games and those who do not have聽聽
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them in their own homes are looking for places聽 where they can actually be playing and I know聽聽
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even if you charge 10 Bob for a game of FIFA you'd聽 probably make some good money because that game is聽聽
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like 5-10 minutes so if in an hour you have five聽 people who are actually playing you're making聽聽
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fifty shillings or hundred shillings or even聽 200 shillings every single hour in a day that's聽聽
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about eight hours or ten hours that can be 2,000聽 shillings in a month that is about 60,000 just聽聽
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from two computers playing computer games you just聽 need the comps to be a bit fast then the games聽聽
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that you're placing them at those that are a bit聽 popular with the children like football games or聽聽
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first-person shooter games so those are the kind聽 of games that you'd probably have at your video聽聽
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game Parliament one thing that you need to make聽 sure is that you make your games timed because聽聽
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that is how you'll be able to make much more聽 money because you'll say that a 10-minute game聽聽
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is this amount and you keep monitoring because聽 children are children the ten Bob they have to聽聽
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them it is a lot of money so they will look for聽 ways of playing a bit more and trying to start聽聽
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early out from the money that you have actually聽 put into the business so you need to be very stun聽聽
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with them and make sure that you're picking your聽 money every single moment that they are starting聽聽
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a new game because they will play a game and聽 they don't have the money and alter your name
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so that's that's a video game business is actually聽 a really good business that you can get into and聽聽
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it will actually make you a lot of money because聽 once you go into an a state where there are very聽聽
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many children after they're done with school聽 they may first pop by the video game palette聽聽
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before they go home or even on weekends they聽 can be there the whole day probably spent 200聽聽
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300 shillings per person and they'll actually make聽 you a lot of money business number five perfumes聽聽
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and this is why I think this business can really聽 make you rich because the Kenyan market at the聽聽
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moment is dominated by foreign multinationals聽 which have come to bring their brands into the聽聽
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country meaning that is a very huge demand and a聽 very low supply so if you get into that business聽聽
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you can actually make a niche for yourself and聽 actually make millions now this is what you聽聽
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need to do the first thing that you need to do聽 is find a really good recipe and you can scour聽聽
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the internet especially here on YouTube desk and聽 you can be able to see how you can make your own聽聽
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brand of perfumes which you will actually hide the聽 formula that you have because you do not want it聽聽
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to be replicated out there by your competitor so聽 you add something special then you make sure that聽聽
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you test it well so that it does not react with聽 sensitive skin or with people who have allergies聽聽
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for particular minerals so you make sure that聽 it is much you know free of course it should be聽聽
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lead-free any other metals should not be in the聽 perfume itself but you make sure that your brand聽聽
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is super because you can actually make it for one聽 unit and then sell it five times what you actually聽聽
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spend to make it and still be able to underprice聽 the major the major brands that are there in the聽聽
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market so you can start small and you can continue聽 to upgrade as you go on so the perfume business is聽聽
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one that you can get into our place some links聽 below that we'll share some places where you can聽聽
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go to and get a recipe of perfumes so that you聽 can also get into that business as well I hope聽聽
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this business ideas will get you to start your聽 own business if you're planning to start any of聽聽
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the businesses that I have mentioned here please聽 share your experience in the comments below I'd聽聽
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love to hear a story if you're actually doing this聽 particular business that I have mentioned please聽聽
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share below share your contact with me as well I'd聽 love to interview you to see what you're actually聽聽
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doing so I will give you more ideas there are two聽 other videos that I will place right here on other聽聽
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ideas that you can be able to use and start your聽 own business and I will see you in the next video