Finance, which is popularly referred to as capital, is an important factor in business start-up. It will consist of the money that you require to meet initial costs such as: Rent for the business premises. Goodwill (if any) to the landlord. Cost of renovations to business space. Installation of electricity and water County licenses and […]

A side hustle will take off if there is a ready market for its products or services. Conduct a market survey to determine whether or not a market exists. The survey can be done orally through talking to people in the area where you will locate the business. While in the area be on the […]

In previous articles on this platform, I shared a chain of articles on ways of generating business ideas. In this series, I will share with you some of the factors to help you evaluate the ideas before investing time and money. Once you select a business idea, evaluate whether it will be a suitable one. […]

The fifth and last method of generating business ideas in this series is the talent-based method. Talent is a special inborn ability or skill that one possesses which may not have been acquired through formal training. Talent can be nurtured through education, training and practice. Using natural abilities can result in inventions, creative arts and […]

The fourth method for generating business ideas is the hobby-based method. A hobby is a regular activity done for enjoyment, typically during one’s leisure time, not professionally and not for pay. Hobbies include collecting themed items and objects, engaging in creative and artistic pursuits, playing sports, or pursuing other amusements. Participation in hobbies encourages acquiring substantial skills and knowledge in […]

In the previous articles, I shared with you two methods of generating business ideas Skills-based and Need-based share with me some of the ideas you came up in the comment section. Feel free to ask any question that you may have for a personalized response. Today, I will be sharing the third method for generating […]

Akili Dada is an international, award-winning leadership incubator cultivating transformative leadership in a generation of young African women. Akili Dada applies a holistic approach to educating and cultivating leadership in adolescent girls and young women ages 13 – 30, employing four key strategies to nurture growth and meaningful impact; financial investment, leadership development, feminist movement […]

Following our business ideas generation, yesterday August 8, I shared a skills-based business idea, which is converting a skill into a business opportunity this can be building websites as a side hustle, painting, deejaying or playing the piano at a wedding. The second method used in generating business ideas is the need-based method. According to […]

Last week, I published an article on Factors to Consider Before Starting a Side Hustle. A business idea was the first factor I shared that you should consider before embarking in any activity. A business idea is a concept that can be used for financial gain that is usually centred on a product or service that can […]

A side hustle is any type of employment undertaken in addition to one’s full-time job. A side hustle is generally freelance or piecework in nature, providing a supplemental income. Side hustles are often things a person is passionate about, rather than a typical day job worked in order to make ends meet.  A side hustle […]

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