Developing countries’ environment allows you to build your business ideas, entrepreneurial skills and explore life differently. That implies that not all you perceive is negative about these regions of the world.
Many investors have found out that real wealth is deep down in developing places. Such business ideas may not be entirely new but must carry some uniqueness to that environment.
Africa, for example, must think outside the box to create her luck. In other words, everyone doesn’t have to suffer from poverty when there are countless business opportunities to explore. Find here some 60 business ideas to analyze and make a living in developing countries.
List of Business Ideas in Developing Countries
1. Child Care Service
One of the new and ideal business ideas available to developing countries is the child care service. Families within the cities will always need the assistance of a child caregiver at a reasonable fee. If you love to take care of children, this might be an opportunity for you.
2. Home Tutor
Another aspect of care might be to provide educational services to children. With a reasonable level of education, teaching is an opportunity to develop your skills. Take up the challenge, and you may stun yourself. Consequently, several platforms connect young tutors to parents with good pay. Check out Tuteria to learn more.
3. Tutorial Centre
On the flip side of being a regular home tutor, you can also set up a tutorial center for out-of-school children. Here, your experience and education may become very priceless to the younger ones. The challenge of education makes this opportunity one of the viable new business ideas in developing countries.
4. Online Course Creation
One of the available business opportunities is the creation of online courses through open platforms. Udemy and Coursera are fantastic tools to use. And if you are tech-savvy enough, you may create your techniques on these existing platforms.
5. Scholarship Applications
Many students often need help with applying for scholarship offers. Position yourself among the elites, perhaps in an academic environment, and render your service. Get up-to-date information out to your colleagues while you offer support in return for cash. This step can begin an educational consultancy business.
6. Grant Writing
Apart from scholarship applications, would-be entrepreneurs out there also need help with grants and loans. Do a business out of creating a sellable business plan that can win awards and credits. Create little time to learn how to write an excellent grant proposal and make money with it. Explore ways to optimize this one out of the many new business ideas available in developing countries.
Blogging is another way of making more money as a student or an unemployed individual in developing countries. There are several topics to blog about in the environment, ranging from entertainment gist, politics, and sports to rumors and relationships. Explore the niche that works best for your audience and plunge into it.
8. Freelance Writing
Apart from blogging, you can also create freelance services as a writer. Apply to get a column in campus newspapers and periodicals. Consider campus journalism or article research for a start. What about online freelancing platforms like Fiverr and Upwork? By now, many young people have found this opportunity as one of the new business ideas in developing countries.
With copywriting service, you can create an unforgettable impression for customers. Create a product description for sellers to target the desired audience, and you get paid. Your services may come in handy with good graphic designers. Some new business ideas may cross most people’s hearts, but inaction could stop many developing countries.
10. Affiliate Marketing
The affiliate marketing platform allows you to sell products online through a unique link and earn money. Besides, the commission can be worth a deal, primarily if you sell a large number. Many eCommerce sites offer affiliate programs, including Konga, Alibaba, eBay, and Jumia.
|S/NO||List of Business Ideas for Developing Countries|
|1||Child Care Service|
|4||Online Course Creation|
|22||Social Media Management|
|30||Proofreading and Editing|
|34||CV or Resume Writing|
|38||Home and Office cleaning|
|39||Laundry and Dry-cleaning|
|47||Babysitting or Crèche|
|53||Tailoring and Cloth fixing|
11. Web design
Any young educated person can build a working business through website design, whether by programming or template designs. It is also easier for students to learn programming codes, a viable tool for businesses’ branding.
12. App development
The popularity of smartphones is an opportunity to meet social needs by app development. Also, the involved coding is not as complicated as it sounds. Spot a necessity, and you may ask a programmer to code it for you. With the proper ownership, you can earn money through an ad or direct sale of the app.
Students can also create time for the decorations business, especially with a stint of creativity. You may also team up with other people who are already into it and build a successful business. You can couple of decorations with events planning or interior and exterior décor. In other words, decorations during events are one of the new business ideas for developing countries.
The makeover business can work way better for female students who need to earn some cash. Gain skills in the right direction, and you can become a sought-after makeover artist. And a few other related businesses can go along with it. Set out to start something unique with any ideas and prove to the world that developing countries can also thrive.
15. Event Photography
Photography comes with its diversity that adds to the storytelling through pictures. You can, therefore, enjoy taking memorable events with photographs and telling stories with them. Storytelling through photography is gradually becoming the in-thing, a gold mine waiting for exploration.
16. Portrait Photography
You can also take cute portrait pictures and work them out on canvas for sale, apart from event pictures. Everyone loves a fantastic portrait and will make the right indoor decoration. If you can convert a good photo into an attractive artwork, then someone may be there to pay you for it.
17. Comedy Skits
If you can make people laugh, then that is another opportunity to build a successful career. Standup comedy is one way many people are making waves in the entertainment industry. You can also be the next celebrated star if you have a flair for comedy. Make small skits and post them on YouTube. The more people who subscribe to your channel and views regularly, the more money you make.
18. Event Planning
Event planning is a business category with more to do with organization and administration than a single skill. Some of the connections you will need include decorations, light-men, catering, logistics, and other aspects of a successful event. As a result, you stand a better chance at business ideas for developing countries.
You can also start an ushering firm of carefully chosen young ladies and men who can help at events as part of events. These people must be fit for formal occasions where people need hands to assist with ushering guests. In developed and developing countries, guiding services are required, but it takes an entrepreneur to see business opportunities.
Making confectioneries is one of the business opportunities, especially in developing countries. Confectioneries consist of snacks and other ‘small chops’ that you can market in different ways. Good stuff to the right people who need it will always bring in income.
21. PR Service
A Public Relationship (PR) Manager’s job is to bring whatever anyone is doing and give it structure. Most times, people just have ideas and have no clue what it will look like and how it will run. That is your job as a PR. Turn an idea into a sustainable brand and maintain it.
22. Social Media Management
In line with the PR, service is Social Media Management, the top digital strategy in our age. Choose a platform, build an audience, and use it to enhance other people’s businesses. What an SMM sells is its followership through a trusted brand.
23. Virtual Assistant
Several companies need a virtual assistant to attend to their customers online. The exciting part is that most of these companies will prefer a VA to train and teach their culture. Some of these new business ideas pose unique challenges, but the developing countries remain fertile ground.
24. Handmade crafts
In this age, where you can quickly learn how to make different crafts, you can build a skill, thanks to YouTube. You will find out that some skills are not too difficult to acquire. Think of bead-making, canvas, cards, indoor decorations, homemade dresses, and many more that can earn you money.
The world of eCommerce also allows you to reach people with the products that they need. You may not even be the producer of such items; that is why there is a reselling part. An excellent place to start is the Konga selling subscription and plan.
26. Hair making/Barbing
This option suits both ladies and guys at the same time. Funnily enough, guys prefer lady stylists while ladies prefer guy stylists. So, you brush up on your skills, tell people what you can do, and make your money.
Often, many famous events out there require logistics personnel to organize and make some contacts. You can be available for that and charge a token. The services may involve mobilization, publicity, and all. Who says this cannot be one of the new business ideas that will launch you in and beyond the shores of developing countries?
Baking is another lucrative business among young people in a developing environment. If you can make a beautiful and fluffy cake, people will surely patronize you. You can also offer to make cakes for special events like birthdays and other anniversaries.
Events planning always has the item of food and drinks. Why not be the one that provides that? Besides, you may not have to do all the cooking by yourself. Get some skilled hands to assist you. You will be shocked that many people will cook well for a token. Build a business on that.
30. Proofreading and Editing
These developing countries are fertile grounds for many people who can assist with editing and proofreading content. So, if you have an eye for spotting errors and a good grasp of grammar, this might be your thing.
Which is the best business opportunity?
The best business opportunity will be defined by the one that best fits you
How many business opportunities can I try at once?
It is advisable to start with one business at a time
Do I need a special training before starting a business?
No. Business ideas need no formal training. However, you will perform better with a great business coach and all forms of learning
what business ideas are there for undergraduates?
There are diverse options of business startups for undergraduates
31. Pencil Drawing
Pencil drawing and sketches can also fly as a business, especially in portraits. Apart from pictures, you may also make pencil sketches of real-life events, the marketplace, public places and sell them. A good photo is always valuable, as long as it communicates something meaningful.
As a coach, you will need to decide what to coach on; career, sports, fitness, business, and more. Engage people who will need your services, and promote yourself by starting with free courses. It can be very profitable when you build on workable experiences and others recommend you.
33. Product Retail
There are many products to sell on around if you can find the right product. The truth is, the right product will determine its market. These include hair products, makeup tools, cosmetics, footwear, clothing, food items, and many others. You can start with one or two related ones and build a business from that gradually.
34. CV or Resume Writing
With writing, CV or Resume writing is also instrumental, especially to students near graduation. Many of them will need your service. But before you can convince them, you need to educate them on what they don’t know that you do.
35. Errand Services
The beauty of errand services is the fact that almost everyone around you needs to get something somewhere. And because of the limitation in time, most people can’t physically get those things across. A business that provides a solution to this problem must guarantee integrity, speed, and safety.
The most natural environment often needs the services of a gardener to keep it tidy. Students will not mind doing that on weekends, for good pay. Organize such ideas and sell to environments that may need your service.
37. Gadget repairs
To repair broken gadgets, you may sometimes have to send them over a long distance. This idea is an opportunity for any excellent repairer around. If you know, you can fix gadgets correctly, promote yourself, and help others resolve their broken devices for a charge. I know of someone who built a business by connecting customers with gadget repairers.
38. Home and Office cleaning
Cleaning services can also fly within the elites in a developing environment. This may be an excellent opportunity if you do a thorough job and people can trust you with their stuff. You can offer to clean and rearrange homes and offices while every item will be safe.
39. Laundry and Dry-cleaning
Another business opportunity lies in the laundry business, where you wash and iron clothes for a token. Many people launched this business idea as a side hustle until it became a real gig. It is never too late to start up, and yours can still fly. Do a good job and avoid errors, then people will love to give you jobs.
40. Gift Basket
Stuffing and wrapping gift baskets on special occasions can also be your business idea. Special events like valentine and birthdays might be your time to go good business and charge a token.
41. Graphic Design
If you are good at graphic design, your business might thrive very well in any environment. There are several opportunities out there where programs and events require publicity. Besides, existing businesses may also need to make designs for unique campaigns.
42. House Painting
Painting is another way of earning money. This skill also requires training, especially when It comes to exclusive designs. If you consider you are not good enough, get the offer and hire a professional to do it. Side careers can be built from these business ideas for developing countries.
43. Interior Decorations
Interior designers and decorators are very rare, and that provides the opportunity for truly creative folks. The internet can give you plenty of creative ideas to help people share their rooms and office a facelift.
44. Wallpaper design
Part of the interior design is wallpaper art, which is getting more popular these days. And it is not difficult to learn or fix. Get samples of beautiful designs and show them to clients, then they may be willing to hire you.
45. Handyman Service
A handyman service includes being available for errands and other personal needs. If you have ample time at any point, you can make yourself available to people and charge them on an hourly basis. That idea can be another way of redeeming your time.
46. Dog Walking
For pet lovers, help people walk their dogs and earn money from that. The charges can also be on an hourly basis while choosing the days you would like to work. Depending on your schedule, you may select weekends.
47. Babysitting or Crèche
This service is also becoming prominent among the elite community staff who may have other things that beg their attention. To this effect, young people can be available to babysit the kids while the parents are away. In another case, it may be for special occasions, picnics, or other outings.
Have you ever seen someone with a car and still stranded? If you know how to drive, it can be an immense advantage within the environment. The services of a chauffeur may also be appropriate for dinner, course trips, or student vacations.
49. Fitness Trainer
Keeping fit is also the dream of many students, and they are often willing to pay for a trainer. Apart from group workouts, a personal trainer can make sessions flexible for young people.
50. Music Instructor
The university days being the period of finding your career footing, Music instructors are also needed. Music instructors can be required for the personal use of training groups of choristers or instrumentalists.
51. Dance instructor
Another exciting art is dance. Students can find their passion in dance if only someone is available to train them. Dance can also aid body fitness and give much fun, not to build a professional career. Don’t you think this idea fits more in developed countries? That will be a mistake. Developing countries too have their kind of dance, which can be several business ideas.
52. Clothing design
If you are very creative in dressing, then you can build a business around clothing design. Unique designs attract beyond the developing world and can become great brands. Indeed, there are no limits to how far you can take it, as long as you stay motivated.
53. Tailoring and Cloth fixing
Apart from cloth designs, you can also mend clothes and fix issues with other people’s clothes. This skill can also be combined with the design, but one must prioritize one of the two. Moreover, the fixing can extend to office curtains and other clothing.
54. Shirt Customization
Other cloth-making styles involve customizing shirts, t-shirts, vests, cardigans, hood jackets, and others. You can also trade from this by learning to do it or outsourcing it to someone who does.
55. Accounting services
A few days ago, I met with a young man who started his professional accounting exams immediately after high school. Imagine how valuable that skill will be to him going on. One can always find small firms that require your accounting skills on a part-time basis.
56. Audit service
Concerning accounting, there is also an audit service that a financial expert should be able to handle. How better do you gain more professionalism if you don’t start to practice what you know? And auditing is periodical, so it doesn’t have to take your whole time.
57. Business consulting
In Business management, there are many related parts that people require a professional—for instance, writing a business plan, converting an idea into a brand, market studies, and others. Do a business out of helping people build and manage their activities.
58. Direct Sales
There are other ways to do business through direct sales. Simply get products that are in high demand and sell it to others who need them. You can then make reasonable profits.
59. Store keeping
Most Store owners would not mind hiring a student on a part-time basis to keep the store. It is one of the most manageable tasks that a student can get. But on the other hand, a young lad can have a slight buttery where he sells valuable items in demand.
60. Print jobs
Printing jobs are regular with the college’s nature, whether at the department level or the faculty level. You can make yourself available to offer the service in an average-income environment. This skill is also effortless to learn and perfect if you are committed.
Students, young school leavers, and unemployed graduates can begin to make money with little skills put in the right places. Some are also thriving business ideas starting from the university or college days, even in developing countries. A few examples that come to mind include Facebook and Microsoft. Don’t be timid to start, but be resolved to go all the way and build momentum through consistency.
fantastic business ideas. keep going
great business ideas. keep going