When it comes to investment one of the first thing people think of is capital. How much capital you require for a project and if there is no capital then no investment! So for most people the stumbling block is capital, no money to fund a business = no project. Now at ZBIN we would like to challenge the way people think in terms of investment because sometimes you may not need a lot of capital (does capital mean money only). We are challenging our members to think in other terms when it comes to investment. First think of an opportunity, a gap, a problem or a market and then find innovative ways to kick start your project. Let capital be your last consideration because if you put capital first then you are likely to undertake no investment project!
I remember in the 90s when Mutumwa Mawere made national headlines when he acquired a major business empire. If iam not mistaken he became the richest black person ever in Zimbabwe during the 90s period although he was later on overtaken by Dr Strive Masiyiwa. Mr Mawere did not pay a single penny to acquire the business empire. He only networked well and managed to get one of the biggest business empires in the 90s.
We will cover more on networking and capital in future. Fow now allow me to introduce to you a new Capital Challenge for our members. The Challenge is that you have $100 in your pocket as capital and would like to invest in a project at a shopping mall located in Harare. A popular shopping mall called Long Cheng built by the Chinese a few years ago.
So what are the options available for you as you try and invest this small amount of money so that you can have a good return on investment?
Lets hear what ZBIN members have to say:
Rutendo Faith kurima mavegs in garden like green beans.peas.carrots.butternuts.green pepper mushroom etc depending nenzvimbo
Tori Elles Mum Why paLong Chen chete Mdala Wa Rue
Mdala Wa Rue We will move from area to area, next week its going to be Birchenough Bridge…the other one Chipinge, Nkulumane and so on…We will even cross the border as our members are also found outside Zim. So for those familiar with Longchen just put yourself there….you have been given $100 and with $100 you are supposed to grow it so that u can be self sustainable
Maria Gapara Konyango He can buy a 20ltr bucket of honey for $65 which will give give him 60bottles of honey. Use the rest of the money to buy bottles to pack the honey in. Oita target macustumers epaLonchen achitengesa at $3.50. He will make kanice $210 kake. Ah regai nditokaitawo kabusiness kacho…
😜
Sir Emmanuel Angel Dausi i will get stuff like kids toys , toiletries and resale them in town or kughetto they are very cheap palongchen
Tendai Mazike Jani Buy green vegetables at mbare musika and sell them to supermarkets
Vongai Tongesayi Akatora $100 anouya kuSunony otora manatural products omatengesera machinese nemablacks achirapa vanhu sezvandiri kuitawo at 100percent profit
Micheal Tafadzwa Mapfumo I will buy chemicals for waterless car wash. I will then negotiate with motorist in the car park so that l will get their cars done whilist they do their shopping
Zet’Kay Davyd Will go for airtym business
Wayne Teflondon Zimstar Nice brainstorming maboss
Tee Earl Tee It’s sunny these days so I think making those paper caps with a string behind for both kids and parents would give you a good return. They just need to be branded with the cartoon characters or a cool meme
Mdala Wa Rue Great answers Thanx guys: For our analysis these are important facts-Economy not expected to grow slowly with a targeted rate of 4% in 2017, liquidity challenges continuing to affect Zimbos, forex challenges a key factor in the Economy.
A look at Long Cheng (Thanx for corrections), shoppers mostly visit the area for the Ivato Supermarket,Ivato Hardware,Kids Park and other shops. Other shops consist of boutiques, liquor, night clubs, health and fitness, electrical shops and video game shops.
Its agreed $100 cannot do much at this popular place which is largely visited by parents visiting the Kids Park. We can however segment visitors and identify (Parents and Kids) as a key customer segment. Someone has identified toys,hats etc…great stuff. You can distribute fliers for schools and creches for a commission too-this does not require a lot of capital.
Perhaps the biggest business u can do at Long Cheng is to create your own online Longcheng (Already one exist but is not good enough). Create a website for $80, have a basic site like what ZBIN did when we first registered our site. On the site place all shops that exist at the mall…..sell the idea to retailers at the mall that you will host them on your site and help promote them, highlighting products and services-discounts etc. You can have a shop feature interviewing shop owners.
You can create a hype-create followers of Long Cheng and convince them why they should visit the mall, what else to see besides the Children’s Park. New developments at the mall, new shops and why people should visit it. Initial resistance from shop owners to be expected but they will accept if you can show results…charge them for the service.
Risks
An existing website exists so you need to discuss first with Long Cheng for the use of their name.
Justice Mungwini ndirini ne $100 ndonotora hangu ma ice cream pa dairiboard…or kutopindira chibage chinyoro mu Mbare ndosvikoita gochi gochi pa entrance…zvikafaya ndo expanda ndaakutotora nenyimo nyoro ndotengesa dzabikwa…ndichiisa mari pa side till ndatenga ka bakkie…
So there you are some of the brilliant responses from our members. Do add if you have additional contributions.
