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In South Africa, one young business is doing the unthinkable. AgriProtein is breeding billions of flies on a farm to mate, lay eggs and produce maggots. Yes, maggots, those horrible looking creatures that are likely to make you want to vomit. These maggots are fed on organic waste material - producing a nutrient-rich fertilizer in the process - before being harvested and dried into a natural and sustainable animal feed. AgriProtein’s maggot-based animal feed is more than 15 percent cheaper than other alternatives and has been proven to be highly nutritious for livestock, especially chickens (poultry), fish and pigs. The company recently attracted more than $10 million in capital to build more fly farms in South Africa. This article reveals the lucrative aspects of this business and why it’s a multi-million-dollar idea. I’ll also show you how AgriProtein successfully grows its maggots and three key lessons you should learn from the success of this business.
The human mind behaves like a muscle. Like every muscle in the body, it develops and expands with frequent exercise. Learning is one of the best forms of exercise for the mind. It’s an investment in your life and future. There is no investment on earth that pays more interest than an investment in knowledge because the lessons you learn from a good book will serve you for a lifetime with incredible results. Every day, we consume all sorts of information: TV, radio, blogs, social media, gossip, noise etc. But how much of this information develops your mind and makes you a better entrepreneur? If you’re like most people, it’s less than 1 percent. The books I’ll be sharing with you in this article are all-time classics and my personal favourites. A few of them were written more than 70 years ago and all of them have sold millions of copies across the world. These books hold the key to unlocking something great inside you. If they worked for me, I see no reason why they shouldn’t work for you. And if one of your excuses is that you don’t have time to read, create time! What could be more…
Mushrooms are an excellent food and delicacy in many cultures across the world. They are a good source of protein, low in calories, fat-free, cholesterol-free, gluten-free, and contain several important nutrients. Three sisters found an opportunity in satisfying the growing demand for mushrooms in their home country and have built a thriving business that supplies fresh and dried mushrooms to supermarket chains, restaurants and hotels in Harare, Zimbabwe. Raised on a farm, Kundai, Eleanor and Rumbidzai have combined their skills, experiences, passion and love for farming and entrepreneurship to create an enviable partnership. This happens to be the very first guest post on smallstarter.com and I am super-excited to share it with you! Agribusiness is creating a formidable breed of successful entrepreneurs across Africa. This is one success story that will surely leave you inspired…
The quality and standard of education in many parts of Africa is in a terrible situation. The sector is inadequately funded, school (tuition) fees have become too expensive for most people and text books are often outdated, insufficient or highly priced. To make matters worse, governments across the continent are not very serious about transforming and modernising education. Those who can afford it spend thousands of dollars to study in foreign colleges and universities. Sadly, if nothing is done soon, a whole generation of Africans may miss out on life-changing opportunities that can only come from high quality learning. Thankfully, the internet will allow us to avoid such a dark future. What if I told you that there are places on the internet where you can learn any subject or skill from some of the world’s top schools for FREE ? Would you believe me ? This article shares my top 10 selection of places on the internet to find free courses. Whatever you want to learn ; business skills, computer programming or even how to play the piano, you will find this article very valuable. Students, entrepreneurs and people who like to learn new things will love this too...
I was bragging to a friend a couple of weeks ago about a report which revealed that Nigeria spends up to $50 million on imported Champagne every year. I also took pride in the new facts that Africa is now one of the fastest growing markets in the world for imported wine. He looked at me for a moment, shook his head and asked: “When will Africa export its own wines?” This question shattered my ego as I immediately realized that I should be ashamed we were spending and losing money on other peoples’ wines when we could be making money selling our own. But then, I thought to myself: Does Africa have its own wines and beverages that could be transformed into successful global brands? Are there any African businesses already producing or exporting indigenous African wines and beers? The information I found will amaze you. This article reveals the top five African local wine and beer brands with the highest lucrative potentials. I’ll also share with you three businesses I found that are already building promising brands from our local wines and beers. It’s a very detailed and eye-opening article. I’m sure you’ll enjoy it!
Every business exists to sell something and without sales, all businesses would certainly die. Whether you’re selling goods, products or services, the whole idea of succeeding in business is to find customers who will gladly give you their money in exchange for that thing you’re selling. Every year, hundreds of businesses close down around the world because they couldn’t make enough sales to keep the business going. Although there are several reasons why businesses fail, this article reveals 5 of the most common reasons why customers may not be buying enough of your products or services. It is my intention that you will find something in this article that will change the way you sell your products and attract more customers to your business. These 5 reasons you’re about to find out were first revealed by Zig Ziglar, the great American sales and motivation guru. With some common sense, I have adapted them to the context of doing business in Africa. If your business suffers from poor sales, I have no doubt you’ll find this article very useful.
In November 2006, Alexander Litvinenko, a former Russian spy, suddenly fell ill and died three weeks later from the deadly effects of a slow-acting poison. In the weeks before his death, doctors in London did everything they could to diagnose the cause of his disease but failed. It was only after Alexander’s death did autopsy tests reveal he had been poisoned with a very rare and extremely deadly substance. Polonium is a radioactive poison and a deadly slow killer with no cure. While most poisons kill instantly or after a few minutes, Polonium takes its time and could take several months before it finally kills its victim. In all the time it remains in the body, it destroys it slowly often without giving any major signs. This is exactly how procrastination slowly kills the business dreams of entrepreneurs around the world. This article reveals five simple but effective steps that anyone can use to recover from procrastination if and when it poisons your dreams!
High unemployment and limited opportunities are two of the biggest problems facing young people in developing countries. While millions of young Africans complain of, and suffer from biting unemployment, a growing proportion of our counterparts in Asia are making a decent living while working from their bedrooms. This is no joke! Thousands of young Asians (especially from India, Bangladesh, Pakistan and the Philippines) are using their skills and talents to provide services to clients around the world. While our continent is still focused on exporting commodities and goods, the Asians are heavily exporting their services. The global outsourcing service industry is booming and more people are using the internet to hire quality labour at competitive and affordable prices. In this article, I’ll reveal the top 5 most demanded and outsourced services and the most interesting places you can get FREE training to develop the skills you need to join the services industry. Finally, I’ll show you the top places to find jobs/projects and get hired as soon as you’re ready. You will find this article to be very eye opening.
You don’t need to have an MBA or attend business school to succeed in business. Almost all the knowledge and information you require to start and succeed with your small business is available for free in the real world. Afterall, up to 70 percent of Africa’s top entrepreneurs who run successful businesses today never attended business school. In this article, I will share with you five basic but very important concepts you must understand if you want to succeed as an entrepreneur or business person. These concepts will help you to easily digest business opportunities and allow you to start making smart, informed and practical business decisions. The best part is, these concepts will help you to think, talk and act like a modern entrepreneur. All of the concepts you will learn here are important. I think I would consider this a basic, mini-crash course in economics and business rolled into one.
It is likely that more than 60 percent of you reading this article who live in urban areas had milk in their breakfast this morning. Milk is one of the richest sources of animal protein for humans and is contained in almost everything we love from powdered milk and cheese to ice cream and yoghurt. On a continent where cows are abundant, it remains a shocking reality that Africa currently does not produce enough milk to meet its own needs. Despite having more than 10 percent of the world’s cattle population, Africa contributes less than 3 percent to global milk production but spends more than $500 million every year on milk imports from Europe and North America, while thousands of its cattle farmers remain poor. This article explores the huge potentials of milk in Africa and two inspiring success stories of a Senegalese entrepreneur and a Nigerian milk business that are already exploiting the opportunities in milk production on the continent. I shall also reveal the 3 key ways to make money in Africa’s milk market and 5 things you must consider if you want to be successful in Africa’s milk industry.
In my first book review article in May, I pledged to read one book on entrepreneurship and business every single month and share the knowledge gained and lessons learned with you. The book I’m about to share with you for the month of June is the second in my series. Last month, it was The Slight Edge by Jeff Olson; a truly inspiring and amazing book! That book scared the hell out of me and inspired me a great deal at the same time. If you haven’t read it, you absolutely should. This month, it’s another classic book: ‘100 Absolutely Unbreakable Laws of Business Sucesss by Brian Tracy.’ It’s indeed a very powerful and eyecatching title but it’s not one of those books you just read once, and never read again. No. This is one of those books every entrepreneur should have in their library. The laws of business success contained in this book are true, tested and timeless. It was very difficult for me to choose just ten out of the 100 powerful laws in the book to share with you in this article. The ten laws in this article resonated with me the most and I’m sure you…
In Africa, up to 70 percent of people who regard themselves as ‘entrepreneurs’ do not own a registered business. How can anyone say they own a business when it doesn’t really and legally exist? For some of these people, it’s just plain ignorance; they don’t know or understand the importance of a getting a business registered. The others, who aren’t totally ignorant, just choose to avoid the upfront cost of registration when they start their business. If you have been running an unregistered business for sometime, this article will give you five reasons to regret your action/ignorance. However, if you plan to start a business soon, the reasons in this article will prevent you from missing out on the benefits of a legally registered business. I have taken the time to do quite some research for this article and will present the the legal concepts in a very simple manner with real life examples and scenarios you can relate with. By the time you’re done reading this article, you should know exactly what you need to do to register your business.
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