Aspiring African entrepreneurs can earn a decent living with these lucrative startup ideas, Skilled Africans can earn a desirable income from these start-up ideas while learning and growing on the job.
although figuring out startup ideas worth pursuing can be quite challenging for some people. So here are a few start-up ideas for some skilled Africans, these recommendations are based on insightful analysis.
1] Become a marketing consultant for a luxury business.
According to the Total Entrepreneur, becoming a marketing consultant is highly lucrative. You can make money in the African continent with solid experience in the marketing industry. In addition, Africans with a marketing background can earn a fortune by helping luxury business owners achieve their objectives.
Most luxury businesses owners target audiences and customers through social media and rank higher on Google with SEO. Furthermore, becoming a marketing consultant offering these services can take you to new heights. Besides, you can earn more money guiding new and existing marketers.
2]Create Online luxury Courses.
According to Neil Patel, creating online courses is ideal for making passive income online. Africans can turn obscure hobbies into profitable ideas because people embrace education and are eager to learn. In addition, skilled Africans can create online courses to educate others for a profit.
Online courses are for you if you love teaching but do not choose the coaching route. But consider selecting a niche and creating content tailored for a target audience. Furthermore, you can earn from selling downloadable content and written materials for a fee. Besides, there are various platforms to monetize content available to Africans.
3]Open a Co-working Space
According to Deskmag, opening co-working spaces is lucrative as many become more profitable after two operating years. Africans can take advantage of the rise in remote work to earn a desirable income. If you can develop a collaborative atmosphere based on trust, you’ll attract customers.
Instead of profit-squeezing members, consider addressing their pain points with an ideal solution. A modern co-working space that solves entrepreneurs’ problems will earn Africans a fortune. Local impact, amenities, and location are factors to consider with this idea for effective results.
4] Start Flipping Websites.
According to Women on Business, the flipping website is a growing investment model with rewarding opportunities. The business model involves acquiring a website, expanding, and improving the content to increase web traffic. In addition, consider getting new backlinks and improving your monthly income.
After banking monthly income for a period, consider selling the website for a higher price. If you have negotiation skills and can develop content on a website for improved traffic, this idea is for you. Furthermore, Africans with internet literacy and web development skills can benefit from this business model.
5] Organize specialty luxury travel tours.
According to the Entrepreneur, the specialty travel industry is lucrative with business advantages. Africans skilled in research and communication skills can benefit from this industry.
If you enjoy traveling and can communicate in various African languages, consider organizing specialty travels and tours.
You get to travel a lot and meet interesting people. But first, you need a plan and niche tailored for specific groups or persons. For example, consider targeting senior families, music lovers, and solo travelers across the African continent as a startup. Furthermore, organizing travels and tours across the continent will minimize your startup cost.