Business Opportunities To Earn Money Online In Kenya

1.) Become a Youtuber by posting YouTube contents

Okay, did you know that YouTube is half the internet which is 1.9 billion using it every month? And at the same time, 500 hours of video are uploaded to the site every minute? This is just a few facts.

Joining YouTube is free and earning money is all about your creativity and contents. High quality contents for training and providing solutions are the way nerds makes dollar$ online. You can as well post funny video that makes people wanting to subscribe your channel and get more from you.

Here are the quick five steps:

• Start a YouTube channel
• Create profile that meets YouTube partner program
• Set up AdSense account
• Explore monetization features – the monetization channel has a different eligibility requirement as below:

Ad revenue must be 18 years old and create content that is advertiser friendly.

YouTube premium revenue, when premium member watches your video, you get paid.

Channel membership, is selling of membership subscribers for 18years old and must have more than 30,000 subscribers.

Merchandise shelf, is selling of merch from YouTube merchandise shelf for 18 years old and have at least 10,000 subscribers.

• Submit to ongoing reviews, follow YouTube partner program policy, community guidelines and copyright law.

2.) Blogging

Looking for aways to start earning pretty cool cash? starting a blog could be something you need. Blog is another way of self-expression and you need to have a passion in sharing stories and more so that will connect your audience. There are free CMS tools that could make your easier than you may think i.e. WordPress, Drupal, web flow and free subdomains on the websites.

Writing a blog means you either need the following;

• Connecting with people
• To make money
• Self-expression
• Learn new skills

If you are looking for a guide in regards to this, then you are in the right place and the steps are as below.

• Choose your niche
• Choose a name for your blog
• Get hosting and a domain name
• Choose your blogging platform
• Create your blog with WordPress
• Create content
• Run a pre-launch campaign
• Publish content and grow your blog
• Monetize your blog

Now you got the steps, lets jump to the process of making money through your blog

1. Affiliate Marketing, is earning money through affiliate links. Its means earning a commission of 5-10 when a visitor clink your link to buy products from sites like Jumia, Kilimall, Ebay or Amazon.
2. Paid ads, AdSense connect bloggers to audience to content relevant with their blog by giving a space on your blog.
3. Sponsored posts, if your blog has a good traffic, you can write a content for their brands about their products.
4. Digital products, selling of digital products like eBooks and magazine through you blog.
5. User subscription, you can include content that includes membership fee for visitors to subscribe.

You can hire and agency to accomplish all of the above

3.) Teaching

Working at your comfort zone is dream that may seems impossible, but thanks to digital world where tutor and students meet and interact through interconnected devices. While there are a few legit remote homes based teaching and tutoring jobs. We will show you good news. Teaching is one of the best paid online jobs and among the fastest growing online careers for remote workers.

Let’s jump direct to the point

Preply

PrePly is a language learning platform where students choose their preferred tutor and time own time. This platform takes small commission fee from your lesson in order to connect you with students from all over around the world. They provide teaching resources like video tools and learning material to guide through your tutoring journey.

Their average salary per hour is $15-25USD for at least $550 a week. Besides, they require no certification to apply.

VIPkid

Are you good in English?

VIPkid is a Beijing online teaching remote work. If you are interested in teaching English then this is your place. They offer six-month contracts of which you work as much or less you do. They pay through direct bank deposits between the 10^th and the 15^th of every month.

Requirements: mentoring experience, bachelor’s degree, laptop with internet, headset and camera. They pay $14-18 USD per hour.

Tutorabc

Anyone with passion for learning and teaching English can apply. The goodness about this is that they have quick applications process with no interview or teaching demo. They provide teaching materials and you can cancel classes up to four hours in advance without any penalty. Reliable teachers must have a degree.

The location of the tutor determines the pay rate. Outside Us and Uk are being paid less.

Requirements: be an English speaker, bachelor degree or above, you will need TESOL/TEFL’CELTA teaching license or the equivalent in PGCE or QTS, one year of online teaching experience, six peak hours per week and a fully functional pc with windows or MAC IOS.

Amazing walker

This is an English learning website that let tutor set their own prices. In this platform you can choose your hourly rate and time.

Requires a pc with microphone/webcam and stable internet then you can work from your preferred location.

Tutorlanding.Cambly

The platform and students make use of English language and that’s why cambly tries to work with the tutor’s schedule. You can work as little as you can. They pay via PayPal which is available in Kenya. The goodness about this platform is that, they welcome tutors who have no prior experience in teaching but must have willingness to work with students as they learn the English language.

4.) Ecommerce

ECommerce is a commercial transaction that is conducted via internet electronically or in simple terms its defined as buying and selling of goods and services online.

It starts from physical items like electronics, clothing, gifts, books and household items. From that small shop you have, you can convert it to a digital online shop. This will enable you reach wider geographical locations.

You can get an ecommerce online shop in Kenya designed and developed by list of trusted agencies that are available at a lower cost. You may wish to allow other sellers to sell at your online shop at an agreed commission rate.

5.) Photography

A photographer with good photography and editing skills can harness this opportunity by selling photos online through several websites below. There free editing software available in the market. But first, this process comes in three things to note;

• Choose your niche
• Build audience
• Generate streams of passive income

15 Websites for Selling Your Photography (2023)

1. Alamy
2. 500px
3. SmugMug Pro
4. Shutterstock
5. iStock Photo
6. Etsy
7. Getty Images
8. Stocksy
9. Can Stock Photo
10. Adobe Stock
11. Twenty20
12. Depositphotos
13. Dreamstime
14. EyeEm
15. 123RF

6.) Investing Stock trading

The Nairobi Stock Exchange (NSE) is basically the leading African exchange and on the growing economies in sub-Saharan Africa.

The question is, is NSE suited for every one?

The things are, in Kenya and abroad, the stock market is well known with minted millionaires. Small investors in Kenya with capital of Ksh 10,000 are now in the trade with the NSE and growing with every trading. This is not the “The next day millionaire” strategy, but it requires patience and perseverance.

Another best way for investing in stock market is to buy and sell US stock. Don’t you this is possible? It is indeed. This is done through broker that are licensed and regulated by the capital market authority (CMA). Minimum spend for the brokerage firms is $100 equivalent to (12,000Ksh). With them u can trade stock like Tesla, Nike, Apple Amazon, etc.

Its adviceable to do a thorough research before you take any step.

7.) Digital Agency business

Building a digital online agency that provide digital services to corporate firms is also aniother money making venture.  This will provide smart services like website design and building, digital marketing among others.

8.) Cryptocurrencies

Let’s brush a bit about this cryptocurrency

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. Its uses block chain technology between the buyer and the seller. These currencies are absolutely volatile.

From the time of writing this article, Bitcoin and Ethereum have face major downfall of more than 50% from their all-time highs in late 2021. However, there is I high expectation that the global cryptocurrency will be more than triple by 2030 and hitting a valuation of nearly $5 billion.

It is inspiring that and estimation of over 4.5 million people in Crypto world, 10.7% of Kenya’s total population currently own cryptocurrency.

Kenya is ranked first globally for peer-to-peer cryptocurrency trading volume and fifth worldwide for total cryptocurrency activity.

If you are not here, I wonder where you are. Honestly speaking, this seems to be the future.