Business Ideas to Start and Run from the comfort of your Home

By Soko Directory Team / March 24, 2017



importance-of-a-business-plan

You can now make money without having to leave your house. This has been made possible with the reality of the internet age where you can make money without opening yours eyes or even leaving your house.

Below are some of the ideas based on John Rampton’s article. He is an entrepreneur, investor, online marketer and startup enthusiast. With him we see the journey of making money without having to leave the house.

Blogging; is the most popular way to earn a passive income. It only takes a couple of minutes to set up and is cheap to start – just purchase your domain name and pay for hosting. You can earn money through blogging by; earning commissions as an affiliate, Sell advertising, and finding sponsors.

Selling your own information product; basing on an area that you are most knowledgeable, you can create videos, audios and e books and selling them on your blog. Might be hectic doing the advertisements of your products but once done you can seat back and relax just waiting to collect your money.

Earning royalties; in case you are talented people may use your work and pay you in return or through creative assets. E.g. designers, musicians, authors are legible to this kinds of royalties.

Investing in stocks or shares; investing in stocks has been a popular way to earn a passive income for years, thanks to the internet it’s easier to research and invest in stocks on your own. Becoming a shareholder entitles you to a share of the company’s profits.

Lending; Kenyans are always in need of cash either for emergence or just for fun. If you have some money to spare, you can lend at a premium interest rate at a personal level.

Sell physical products; one of the best-known ways is by selling items you don’t need on OLX. But even if you don’t have anything left to sell you can start drop shopping. This is where you sell products for a company on sites like Kilimall or Jumia and they’ll take care of the rest, including shipping.

Selling websites; if you’ve put in the time and effort in building a website and you have gained a lot of traffic, and then you may be able to sell it to an interested party

With the advent of internet people don’t have to leave the house in order to make money. You can now invest in various ways or work at home and become rich with just a click.
Related: How to Turn an Idea into Reality


Written by Amina Martha.

 



About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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