Friday

The FIVE Best Sources of Passive Income

Passive income in Kenya is a means to income that every small business owner, every individual, every startup should aspire to. What is passive income? It is a means to make money in Kenya that does not suffer from the usual upheavals of life.

Passive income is money that you generate from an investment without the need to be at it on a daily basis. To understand how to start passive income business in Kenya, this article will give you a good start. But though passive income is extremely attractive, it is not as easy to come by as it sounds.

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Best 3 Businesses to Start With Less Than 10k Capital in Kenya

Almost everyone longs to find a business to make money on the side in Kenya. The ideal business idea to make money on the side would be one that enables you to earn an income, continue with other daily activities, yet the business pays you sufficient to enable you to pay your way in life.

This article presents three business opportunities you can start with less than KES 10,000. All can be run online, and each can enable you earn a decent income in your first six months to a year in business if you are determined and persistent.

Best Network Based Business in Kenya to Start with Less than 10k

A network-based business is a business that pays you in direct proportion to the size of your network. Whereas all business will pay you better when you have a bigger network, network based business tags payment on attaining levels definite network sizes. The most common names of network-based business is multi-level marketing (MLM), direct sales business, and network marketing.

Network-based business refers to the method in which the products and services of the organisation move from one individual to another. The size of the distributor’s business network is very critical to success in this business. Whereas in some of the affiliate programs discussed above there will be a tier or two where the seller gets paid for referring another seller, success in those hardly ever spins on the network size.

How to Start Drop Shipping Business in Kenya with Less than 10k

Often and misleadingly described as affiliate business, drop shipping is different from affiliate business in that it is a retail process that trades in tangible goods. Drop-shipping is a retail business where the “store” does not store the goods it sells in a warehouse or retail shop as stock.

The best examples of dropshipping retailers in Kenya are Jumia  and Kilimall although there are a host of others including eBay, Shopify (a merchant platform) and Amazon.

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Best Website to Get Paid in Affiliate Business in Kenya

Affiliate business is a marketing function and can pay from different elements of the marketing process. Affiliate websites mostly deal exclusively in digital products. Therefore product range will be eBooks, eCourses, software, website themes and such products distributed in digital form.

The affiliate business model is more a marketing strategy for small business. Therefore some affiliate programs pay for impressions on website pages, they pay for clicks, and they also pay for sales generated. Where an affiliate collects pay for impressions on a page, they own a website and they are paid for the instance that the link is viewed. In this case, the affiliate requires a high-traffic website.

How You are Sabotaging Your Business Growth in 2019

It’s highly likely that you have heard the statistic: four in five businesses will fail within their first year. The statistic goes terrifyingly high when it becomes more specific: seven in ten start-ups and small businesses will fail before their fifth year in business. That means only about 70% survive to tell the success story.

This is a serialized article first outlined in the Best Income Tips WhatsApp Group. To get notified on new tips in real time, get latest online income ideas, and discover new and exciting local products, join the WhatsApp Group that Best Income Tips of Kenya

For a country with an incredibly low employment rate, many people are going into small business. That means start-ups are on the increase. So the data is extremely scary. It means thousands are investing savings and borrowed money to fail and within their first five years in business.

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Common Reasons Why Businesses Get into Daily Losses of Money

There are common actions we take in business for the simple reason that we fail to understand how much money we lose by them. If many small businesses and start-ups understood how much money they lose by certain simple actions, they would change their behaviour very quickly.

In the last article Two Ways You Are Sabotaging Your Business Growth in 2019 we saw there are two main reasons businesses fail: the people inside the business, that is the owners, investors, and the workers, and the people outside. That is the customer.

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Do You Know How Much Money You Lose When a Customer Walks Away

There are indicators to the health of each business and it can be captured in numbers and a database. For our topic on business growth, one of the more important indicators is knowing the number of individual customers who pass through your business, knowing what they buy, the cost of their individual purchases, and how frequently they purchase.

This is a serialized article first outlined in the Best Income Tips WhatsApp Group. To get notified on new tips in real time, get latest online income ideas, and discover new and exciting local products, join the WhatsApp Group the Best Income Tips of Kenya

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How Your Business can Attract More Customers

You have finally opened your business, clients are trickling in, and you are now in need of more customers to come to you. Giving your existing customers, even if it is that first single customer a pleasant experience is your next greatest assignment.

A good customer experience is much, much more important than an outstanding advert. It’s possible to quickly name a few large firms who learned that the hard way. There is tons of information on Best Customer Care Practices online and so we will not concern ourselves with that here at the moment.

We will post an article here much later. Look out for it:

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Tips to Develop a Winning Business Idea in Kenya


So you are thinking of starting a business? It is a noble desire and in a country with an extremely high unemployment rate, it is a good way to get gainfully employed.

But starting a business is not an easy task. We scout business books and bring a summary edition of the most important tips to help you come up with an idea that will sell in the market-pace.

Tip #1: Understand your product/service:

A great business idea responds to one basic question: What is the problem I will solve through this business?

No one ever goes into a car dealership to buy four tyres and a steering wheel. They go into the car dealership to buy the SOLUTION provided by the vehicle. Their particular problem could be the need to move goods from one location to another. Continue reading full article at Tips to Start Business in Kenya