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Entrepreneur's Corner

Dear Entrepreneur, Here Are 17 Business Ideas For 2022

BY Getrude Mathayo · December 14, 2021 04:12 pm

KEY POINTS

If you are knowledgeable and passionate about a specific topic (like business, social media, marketing, human resources, leadership, or communication), consulting can be a lucrative

Choosing the path of entrepreneurship and working on finding great business ideas, is without a doubt riskier than being content with holding an 8-5 job. It requires more sacrifice.

If you are thinking of starting a business in 2022, it is critical to take the new normal into account. The COVID-19 pandemic has changed so much about how people consume products and services.

While starting a retail business or restaurant might have been a good idea previously, you might want to reconsider those thoughts until you see how the next year plays out.

Instead of more traditional businesses, think about ones that can support how people live their lives now. You will need to create a sound business plan no matter what, but many of the ideas on this list only require a credit card processing partner to accept payments to get started.

With so many business ideas in Kenya, it can be hard to figure out which are worth pursuing. While jumping on a new trend can sometimes be risky, it can also be highly rewarding.

You may notice that a lot of the ideas on this list have been growing in popularity recently. Others have been popular for a long time, making them more competitive but less risky.

  1. Consulting

If you are knowledgeable and passionate about a specific topic (like business, social media, marketing, human resources, leadership, or communication), consulting can be a lucrative option. You can start a consulting business on your own, then grow your business and hire other consultants over time.

  1. Start Your Own Blog

blogging is more of a hobby than a serious business idea, think again. Quite a few bloggers are reporting six-figure annual earnings and this trend is set to grow year on year. While not every blog is going to rake in heaps of cash, you can earn a good income with the right niche and a sprinkling of passion.

  1. Food delivery and meal preparations

People across the world turn to takeaways when their favorite restaurants closed due to the pandemic. Even now restaurants and bars are starting to open up again, people still love their takeaway treats. Food delivery becoming a lucrative industry to get into.

  1. Online Courses and Coaching

It has become easier to share your knowledge or expertise via online course platforms. If you are a subject matter expert or passionate about something, then you can convert it into a substantial income. Small business owners can offer online coaching classes to students, build a community to help while building an online coaching business

  1. Online Bookkeeping

Just like so many other professions, bookkeeping has gone online. This is great news for many bookkeepers and accountants who feel trapped in the office environment and long for more personal freedom and the ability to work during their own hours.

  1. Dropshipping / E-Commerce

Dropshipping is an e-commerce business model in which you don’t have to manage any physical products. All you have to do is set up an online store, and partner with suppliers who’re ready to store, package, and ship orders to your customers

  1. Graphic Design

While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own.

  1. Start a Podcast

Podcasting is witnessing a meteoric rise. The first step is to plan your podcast episodes and get your software and equipment. Next, you need to sign up for podcast hosting. A podcast host is a service that stores your audio files and distributes them to the major podcast networks like iTunes, Stitcher, TuneIn, Spotify, etc

  1. Medical courier service

If you have a reliable vehicle and good time management skills, consider creating your own courier service, more specifically, a medical courier service. As a driver, you would be responsible for transporting medical items like lab specimens, prescription drugs, and equipment

  1. Web Development

There are over 4 billion internet users in the world and 6 out of 10 small businesses have a website. Front-end web development is a valuable skill to cater to the surging demand for launching new websites. You can start by developing websites for your friends and family to polish your skills

  1. Instagram Influencer

With the rise of social media channels like Instagram, consumers are increasingly turning to niche influencers to get product advice. The truth is, most influencers have trouble actually influencing purchase decisions

  1. Affiliate Marketing

When someone asks how to make passive money online, a lot of people automatically envision affiliate marketing. Brands that want to sell products online create new affiliate programs and allow affiliates (publishers and bloggers) to promote their products and earn commissions.

  1. Social Media Manager

Billions of people are on social media, it is natural that there are jobs and businesses to be sprung from Facebook, Instagram, and Twitter. If you have experience with social media marketing and know-how the ad network operates, you can start a consulting business on social media.

  1. Interior Designer

Over the years, people have become more tasteful about how every little detail of their home’s design. There is always the need for interior designers who can create visually pleasing and functional living spaces

  1. Business Broker

A business broker is someone who assists buyers and sellers of privately owned businesses in the buying and selling process. As such, he or she must have a good knowledge of business law and common practices in the particular industry. Business brokers are rewarded with commissions for the sales they make.

  1. YouTube channel

Advertising and marketing specialists predict that in a few years, traditional advertising spots will be replaced by videos reminiscent of today’s Youtubers. By running a valuable and eagerly watched YouTube channel, you will be able to create videos promoting a given service, product or simply containing the company’s logo

  1. Security Services

We live in turbulent times, so it’s no surprise that the demand for security services is rising at a steady pace. Such security services can take place either offline – home and personal security, or online.

Read More: 5 Best Business Ideas for Chamas in Kenya

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