Top 10 Investment Opportunities in Kenya for 2019

As the new year starts off, most people are ready to venture into different endeavors that will see them achieve their goals.

People tend to come up with resolutions that they look forward to achieving at the end of every year and this is the best time to start off with whatever resources that might be available.

Everyone would wish to be successful in life and success only comes to those who go out of their comfort zones to do the unthinkable. Do what others may consider uncomfortable since nothing good comes on a silver platter as we have always been told.

The rate of unemployment keeps rising not only in Kenya but across the globe. So many young people have graduated with Degrees and even Masters Degrees but have ended up unemployed. It is about time that the youth thought outside the box and ventured into other income-generating activities other than waiting for blue collar jobs which are not easy to get.

Self-employment is the only sure way of ending poverty and reducing rates of unemployment. Young people can take up the initiative of venturing into a number of investment opportunities that have showcased to have great potential in giving high returns.

Here are top 10 investment opportunities up for grabs in 2019 in Kenya:

1. Chicken Farming

For a very long time, chicken rearing has always been considered a hobby for most people. It has not really been taken seriously as it should yet it has so much potential of generating high income when converted into a business.

Starting a poultry farm might appear easy but starting it as a business too is something entirely different. This means that one will not only be known as a chicken farmer but as a chicken entrepreneur.

When venturing into this kind of business, one needs to define their target market and the specific types of chicken industry that they will deal with. The chicken industry has two main parts; Layers, where the chickens bred also lay or produce eggs, or Broilers, where chicken are bred mainly for meat.

2. Daycare Services.

Kenyans have watched unfolding horror stories on TV as house helps and nannies abuse or even kidnap little children who are left in their care. Some toddlers have been sexually abused and in some isolated cases, some have lost their lives.

Many urban families in Kenya have working parents who leave their homes as early as 5.30am and get back home as late as 7.30pm, thanks to endless traffic holdups on our roads, especially in major urban centers such as Nairobi and Mombasa.

Many women fear the idea of not having a source of income and exploring into the provision of Daycare services for children in estates will be a great idea.

One can start earning income from home by turning part of the space in their house into a play center for little children and toddlers. Here, the services provided might include childcare solutions for busy mothers and earn income in the process. This is a great way for a stay-at-home mum or any other person to get started in business.

3. Consultancy Services

Anyone who is good at solving issues or if people always come to you for help on certain areas, do not wait more time as that is automatically an area that can be converted into income generating.

Businesses need consultants who can help them realize their mission and visions. Individuals want help with the problems in their lives. People are willing to pay for any service that will help them stay focused and work their way towards achieving their goals.

4. Coaching

Put simply, coaching is a process that aims to improve performance and focuses on the ‘here and now’ rather than on the distant past or future. There is a huge difference between teaching someone and helping them to learn. In coaching, fundamentally, the coach is helping the individual to improve their own performance: in other words, helping them to learn.

If you are good at a particular subject or area, you can also teach others at a fee be it students, business people or employees. Anyone venturing into this field stands a good chance of making money with this business idea in Kenya. You could choose to do it face to face or online.

5. Kindergarten Schools

Kindergarten can help children get a head start on their academic career by teaching them basic skills in an entertaining and relaxed environment. If you love working with children and watching their eyes light up with joy, open a kindergarten business.

A kindergarten deals with children between three to five years old. Every parent will definitely wish to enroll their children to a kindergarten that offers quality learning services o their children. Make the environment children friendly, playful, entertaining and interactive.

6. Event Planning

Every day, week, month and year, Kenyans are partying. Company and religious entertainment events, weddings, birthdays and many other events are taking place everywhere all the time.

Planning and holding parties can be a very stressful undertaking. Many people who are throwing these parties and events could be busy and may desperately need others to plant and execute for them. Generally, this work goes for a flat fee, depending upon the size of the party. By targeting at least 2 or 3 parties or events in a week, imagine what you will make in a year.

7. Vending Machines

Kenyans are busy people and many of them would like to buy things quickly and move on. This need can be met through the installation of vending machines for stuff such as water, milk, juice, soft drinks, snacks, sweets, cigarettes, newspapers etc.

This business idea in Kenya will best work with items sold in small compact forms. Shop around for the appropriate vending machines and locate them in strategic positions such as busy residential areas, near busy bus terminus, near colleges or even schools.

8. Bakery and Fast Foods

As stated earlier, Kenyans are always on the move and when running up and down, they will definitely want to grab some quick food before getting back to their businesses. Venturing into a Baking and fast Foods outlet is a good idea.

Before starting off on such a business, enough market research needs to be done such as location, starting capital, target market and even Prices.

9. Car Washing

Cars get dirty and need a regular wash but most people have no time to spare. Driving to the car wash to get your car professionally cleaned is much easier and faster than spending time washing it yourself.

This is why starting a car wash will, without doubt, generate income. One only need t to establish an open space and some money for the necessary equipment.

10. Groceries Business

Everyone has to eat and people look out for fresh vegetables. This is reason enough to open up a groceries shop near estates so that people can conveniently be accessing groceries not far from their residential areas.

Venturing into this kind of business will definitely bring in a lot of cash since your target market will be right there with you. As long as high rates hygiene and cleanliness are practiced, the business with flourish without much effort or hassle.