If you want to be so profitable that you exploit Zimbabwe business opportunities to make money all the time no matter what, then this article is for you. I have received a lot of emails from people wanting advice on the type of Zimbabwe business opportunities they could exploit.
I reviewed close to fifty business opportunities in Zimbabwe, investing in South Africa and what to invest in taking into account the political situation in Zimbabwe and the rest of Southern Africa.
I have managed to divide all the fifty business opportunities under two headings: residual income or linear income. I want to talk about how you can make money every single month of your business life, no matter what.
The message from the Ziminvestors desk is we want to help when investing. Whether investing in Zimbabwe or investing anywhere else we want you to reach a stage where even if you say “I don’t want to be make money this month,” we would say, “So sorry. There is nothing we can do about it. You are going to make money anyway.” Do you like that?
Iam going to explain this by telling you my story. I hope I will not lose you. My interest in investing in Zimbabwe started years back when I was still in Mutare. I would take advantage of the neighboring Mozambique and bought set up a groceries business in Mutare. Those initial phases of my trying to exploit investment opportunities in Zimbabwe taught me a brilliant investing lesson. I was importing chickens from Mozambique. Because electricity was rationed, a prominent Mutare business figure agreed to let me use one of his fridges housed in his business complex in town. I would wake up daily, go to his complex and load as many chicken as could fit into a cooler box and move around town in offices and surrounding residential flats. The money was good but there was one problem. I only made money whenever I went to town. If I got sick or got caught up in something, then I wasn’t going to make money that day.
Linear investment opportunities
The word Linear reminds me of a mathematical relationship between two variables which can be graphically represented by a straight line. A good example is fuel consumption in kilometers per litre. The more distance you travel the more gas you consume. Taking this analogy to Investing in Zimbabwe, the more days and hours I moved on the road, the more money I made. Well, to me that is not business. That’s a project. These are the kind of things you do when you want to raise money for a business venture not as a sustainable business because there is a linear relationship between your investment in effort and the outcome. So whenever you think you have finally found that aha investment opportunity in Zimbabwe, ask yourself if it’s linear.
If it’s linear you have to find ways of what Jay Abraham call automating and what Robert G Allen and Mark Victor Hansen refer as residualising your Investment. Just coming up with a business idea is not enough. You have to brainstorm around the idea to come up with the best possible way to make the investment residual. I have the signature of a great business startup coach who Iam working with to come up with business start-up training manuals and we are lining up a start-up coaching in June. I wrote the to him explaining how my gut feel wanted the coarse structured. I told him I wanted a practical solution than can be universally applied to any investment in Zimbabwe and I must say it’s coming out as expected. I also emailed two great local entrepreneurs who are yet to confirm their participation who will coach on how they dealt with business failures in their own enterprises.
Examples of linear businesses are: selling airtime, cross borders, home tuckshops, some boutiques, 75% of farming ventures, most flea markets, a very few bars and a very few retail shops, some car dealers etc. I may not have mentioned your business here but you may also check if it’s linear or residual. Ask yourself this simple question. “If I don’t go to work for one month, what effects will that have on my return on investment or simply profitability. Will my profits change?” If your answer is no then go back to your strategy board and correct that as soon as can be because your business is destined for failure. If your answer is no, then the next question is; “Am I able to sell my business tomorrow and live the country the very next day?” This question also addresses your attachment to the business. Are you on the business balance sheet as an expendable asset so much that if you are to sell your business you have to also sell yourself to the new owner?
Because I do not want my posts to be too long, I will end here. Follow this blog to receive updates of new posts because I don’t think you want to miss out on how to make residual income in Zimbabwe all the time part 2.
To your continued success.