close
Diaspora Matters

Five profitable business opportunities in 2017

no thumb

By Kudakwashe Celestial

When a new season dawn, there is  more to it than just to see it as a mere new year. Every season comes with different weather behaviors and as such with different opportunities. For instance, you can’t grab the opportunity for farming in winter. In the same manner in business world seasons change. You need to be averse with what season is folding-in, what season is emerging and how you can  profit out of those opportunities.

This article is an eye opener of what is likely to be viable and make some rich in 2017 and these are worldwide opportunities. In a global community it is wise to invest in global opportunities. Its one thing to identify a viable sector, it is another to make money out of it.

All the five opportunities I have expounded below are very scalable, legit and some people are already making a killing out of them. Let’s quickly tackle them one by one.

1. Social entrepreneurship

We saw this sector emerging humbly in the past few years. Now its a business worth taking. One secret about social entrepreneurship is that you make money doing what you love. People like Jed Emerson, Deb Nelson, Ashoka and many others are making a fortune on this sector.

They’re a lot of social entrepreneurship ideas one can invest in. It only needs one to believe in self and go out to reach your vision.

2. Forex Trade

In the past years it wasn’t easy for an average person to trade on the Forex market. The restrictions would bottleneck those who could invest on Forex. This barrier have been broken due to advancement of technology. It is pleasing to learn that brokers will make sure they cushion you so that you can be able to trade on the market from as little as $10.

About 5 trillion US dollars circulate in the Forex market each day. That shows how big this sector is. Nevertheless, Forex is a Profession and you need expert traders to coach you. I know quite a number whom I can refer, myself included. You can get in touch and start your journey into investing in the growing market.

3. Cypto currrency

The use of plastic money is somewhat disturbing to others. Believe me, this is part of technological revolution. Virtual currency came to overtake the use of cash. A cashless generation is inevitable. Instead of rustling and clustering complains about it. It will be for our advantage if we grasp it before other nations.

In 2016 alone Bitcoins appreacted in value with over 1500%. Guess what? This is only the beginning of beginnings. Few years from now you will see bitcoins being accepted in Supermarkets, Banks, even by Street Vendors.

If you know the secret and benefits of being on the pioneering group then you don’t need to miss this opportunity. By just opening a bitcoin account and save your bitcoins, you are likely to get 1000% plus interest by year end from your bitcoins investment. So what are you waiting for?

4. Network Marketing

Network Marketing also known as MLM (multi level marketing) or self franchising is the fastest growing business model in 21th century. The good part about this business model is that it doesn’t emphasize on your credentials. Any average person from a humble background can start this business and become a millionaire. Donald Trump the current US President was interviewed on what he will venture in if he was to startoff all over again? He boldly responded, I will look for a good network marketing company and start doing business (paraphrased).

Network Marketing is a broad subject which I can’t exhaust in this article. I will explore more and even citing examples of good Network Marketing companies one can join in future articles.

It might also be interesting to know that Malaysia is bringing in more Foreign Currency through network marketing than anything else. The fall of schemes like MMM will see doors opening up for something legit and scalable. Like a jigsaw puzzle that is where Network Marketing fits in very well. Network Marketing is not only a 2017 deal, it is NOW and the FUTURE.

5. Appreneurship

To begin with let’s start by shading more light on what I mean by Appreneurship. Appreneurship is investing not only in developing Apps but more importantly creating systems that run an App as a business.

Now this is a virgin sector, nothing much has been done in as far as the innovative use of Apps is concerned. No doubt this industry will make the next millionnaires. Uber saw the opportunity flaring from a distance, quickly grabbed it and today Travis Kalanick the founder of Uber is a multi billionaire.

Yes, we have seen some few players in the previous years but the biggest problem I identified is lack of originality. You see – everyone investing in this sector is trying to be the Zimbabwean Uber. Its not only in transport sector where you can exploit this opportunity. Open your eyes wide and see the vast opportunities in this sector.

My advice is don’t try to create an instant messaging App. You can’t compete with WhatsApp, Viber, Zoom, Imo you name it. Those giants will kick you out of business before you even find your feet in the market.

To compress this article, these opportunities are vacant and are up for grab. Find out where your passion lies and without wasting time grab the opportunity before the market is flooded.

Loading

Victor Muchemwa

The author Victor Muchemwa

Victor Muchemwa is a Chartered Management Accountant, ACMA, CGMA and an award winning business coach and consultant. Author of 5 books and skilled in financial analysis, strategic planning, risk management, and business coaching. Contact +263 773 055 063

Comments are closed.