1: Become a destination wedding planner
According to Travel Trends Today, becoming a destination wedding planner is a lucrative business opportunity. Africans are known for colorful and diverse weddings with rich cultural experiences, but finding a destination planner is a challenge for many.
Weddings are grand and luxurious in Africa, and being a destination wedding planner can take you to exciting places. Solve wedding planning challenges for couples and earn a fortune without leaving the African continent. If you like to explore and have no problem working weekends or working longer hours, this startup idea is for you.
2: Organize specialized travel tours
According to Entrepreneur, the specialty travel industry is lucrative and offers business advantages. Africans with research and communication skills can benefit from this industry. If you enjoy traveling and can communicate in several African languages, consider organizing specialized trips and tours.
You have the opportunity to travel a lot and meet interesting people. But first, you need a plan and a niche tailored to specific groups or people. For example, consider targeting senior families, music lovers, and solo travelers across the African continent as a startup. Also, organizing trips and tours throughout the continent will minimize your start-up costs.
3: Local grocery delivery service
According to the entrepreneur, grocery delivery services are quite profitable and you can operate from your home. The process involves contacting local grocery stores to deliver products to customers. Most stores market and manage deliveries while you deliver products to customers for a fee.
This startup is ideal for Africans, considering the rise of digital stores across the continent. In addition, you can create a buyer account with popular stores and resell by offering delivery services at a profit. In addition, the idea of home delivery makes it much easier to retain customers across the continent.
4: open a co-working space
According to Deskmag, opening co-working spaces is lucrative, with many becoming more profitable after two years of operation. Africans can take advantage of the rise of remote work to earn a desirable income. If you can develop a collaborative atmosphere based on trust, you will attract customers.
Instead of members squeezing profits, consider addressing your pain points with an ideal solution. A modern coworking space that solves the problems of entrepreneurs will make Africans a fortune. Local impact, amenities, and location are all factors to consider with this idea for effective results.
5: Start switching websites
According to Women on Business, website flipping is a growth investment model with rewarding opportunities. The business model is to acquire a website, expand it and improve the content to increase web traffic. Also, consider getting new backlinks and improving your monthly income.
After accumulating monthly income for a period, consider selling the website for a higher price. If you have negotiating skills and can develop content on a website to improve traffic, this idea is for you. Also, Africans with internet literacy and web development skills can benefit from this business model.
6: reinvent the exercise
According to Wellness Creative, reinventing exercise is profitable as many want to maintain fitness levels. However, while many tire of the same routine, Africans can make money by thinking outside the box. If you can develop new and exciting exercise strategies, this industry is for you.
Skilled Africans can transform ideas into profitable businesses to improve living standards. For example, consider introducing a new activity for fitness enthusiasts with effective marketing strategies to earn a decent income. In addition, you can increase your income by organizing additional exercise classes.
7: Become a marketing consultant
According to Total Entrepreneur, becoming a marketing consultant is very lucrative. You can make money on the African continent with solid experience in the marketing industry. Also, Africans with a marketing background can earn a fortune helping small businesses achieve their goals.
Most small businesses target audiences and customers through social media and rank higher on Google with SEO. Also, becoming a marketing consultant offering these services can take you to new heights. Plus, you can earn more money by mentoring new and existing sellers.
8: Create online courses
According to Neil Patel, creating online courses is ideal for generating passive income online. Africans are able to turn obscure hobbies into profitable ideas because people embrace education and are eager to learn. Also, trained Africans can create online courses to educate others for profit.
Online courses are for you if you love teaching but don’t choose the coaching route. But consider selecting a niche and creating custom content for a target audience. Additionally, you can earn by selling downloadable content and written materials for a fee. Also, there are several platforms to monetize the content available to Africans.
Aspiring African entrepreneurs can make a decent living from these lucrative startup ideas. Skilled Africans can earn a desirable income by becoming destination wedding planners, specialist travel tours, and local grocery delivery services. You can also open a co-working space, switch websites, or reinvent exercise to make money on the mainland. Starting a business is one step closer to living the life of your dreams. Now is the time to explore and turn your ideas into action with effective strategies.
*The views expressed in this article are those of a Business Insider Africa contributor. It does not represent the views of the Business Insider Africa organization.
Olayinka Sodiq is a skilled writer with technical, analytical, and copywriting experience gained over 5 years of in-house and freelance work. She is versed in finance, investment, technology, blockchain, mergers and acquisitions, bankruptcy, etc.