17 Ideas on How to Become Rich in any Developing Country

So if you want to become rich fast in any of the developing African  then here is one of the best list of 17  ideas 

that will show  you how to become rich.

1. Blogging is Best for Becoming Rich

woman, laptop, business

If someone personally asks me the best way to become rich then my reply would be blogging only. 

Blogging not only made me rich, it made several people wealthy. Most people I knew earlier were 

not rich before they began blogging.

Many of the people still think of this as a technical profession but it’s no more technical. If you have Zero 

knowledge of web design and don’t speak English at all then, yet you can start blogging and make lots  of money online.

You can write blogs in English or in your mother tongue. You can share your knowledge and your own 

experience through your blog. AdSense & affiliate marketing are the best way to make money through

your blog.

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Only thing you need is a domain & hosting. Don’t create free BlogSpot blog because there are  many 

limitations and your domain name will look like “yourblogname.blogspot.com”.

I will highly recommend to go for Hostinger  or Inter server  WordPress hosting as it’s very affordable, easy to create 

blogs, has a number of benefits & you can get a free domain with an annual plan.

Booking train, bus, airline seats were earlier the privilege of travel agents. Anyone equipped with a smartphone or computer connected to the Internet can now offer this service.

 Apps provided by Most  Railways in African countries,,

 various state owned road transport corporations and airlines make it easy to book from anywhere.

Migrant workers, reluctant to enter plush travel agency offices or wait in long queues to reserve a ticket 

willingly pay a few hundred rupees for a confirmed seat.

The business can be handled from home or if needed, any space such as a park. You are required to pay 

with your credit/ debit card or net banking facility.

There are many travel agents who have become rich in no time so this is what you can do if you want to get  rich quickly.

3- Walking tours operator:

Walking tours is a concept gaining ground in South Africa. They involve taking a group of foreign tourists on a walk

 in a specific area that has high concentration of tourist attractions. Walking tours are fun and generally  patronized by foreign tourists.

Such trips allow foreigners to get a first-hand feel of the place, indulge in bargain shopping, take in tastes, sights

 and sounds of the area. Walking tours are offered through travel agencies or booked through portals offering entertainment services.

4- Food Trucks:

taco, food, truck

A couple of years ago, Nigerians would have balked at the concept of food trucks. Popular in the US since over 200 

For years, food trucks in Nigeria involved relatively smaller investment- between $1,000 to $2,000. 

They fork in huge profits. Food trucks are usually self-operated. They are parked at specific venues such as beaches,

business districts, during the day and evenings. Food trucks require fewer licenses compared with restaurants.

Running a legit food truck needs permits and licenses from local authorities and strict compliance to Food Safety 

and Standards organization  of Nigeria. You can read this food truck guide on MoneyConnexion if you want to start this.

5- Taxi fleet owner:

taxi, auto, road

The boom in cab aggregators in Nigeria has made it profitable for people to own cars and lease as taxis. Major operators

in most Africans metros are on the lookout for people who can offer one or more passenger vehicles and a driver, for use as  taxis.

These aggregators offer a fixed amount per day plus share profits. In any case, your returns are guaranteed. Vehicle 

finance is relatively easier to procure since it involves direct mortgage.

6-Collection agent:

This is also one of the best ways to become rich fast in Nigeria. Almost every service provider, bank, corporate house looks

 for people to collect their cheques and payments from clients and business associates. The job also involves timely delivery 

of bank instruments to customers and companies.

The service is offered free of cost to customers by telecom service providers, utility companies, financial institutions and 

banks, among others. Working as a collection agent for these organizations is lucrative. It is worth nothing that collection 

agents are different from debt recovery agents.

7- Address verification services:

Telecom service providers, credit card issuers and several other companies require physical verification of a customer or business associate’s address.

They outsource the work to individuals or small enterprises willing to exert that extra effort. This work involves visiting the 

person’s address or inquiring with neighbors whether the person dwells or does business from that premises.

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8- Accommodation services:

Geographical relocation have surged in India thanks to the economic boom the country is witnessing. Millions of fresh 

graduates, experienced professionals, skilled and unskilled workers migrate daily to various parts of the country in search of

greener pastures.

Converting an apartment or house into a mini-hostel or labor camp assures you of sizable, fixed monthly income. Deposits

taken from tenants can be invested in banks to earn interest.

9- Psychological counselor:

Mental health continues to take a backseat in India. Taboos over visiting a psychiatrist continue to rule high. To overcome this

self-imagined block, graduates in psychology are offering counselling services to everyone from students to elderly. Fees are 

charged per session, which usually spans 30 minutes to an hour.

The service can be offered from home, a small office or from a medical clinic/ hospital. Please note that psychological counselling

is different from psychiatric counselling.

The former can be done by persons who have passed Bachelor of Science with psychology as major. Psychiatry, on the other

hand, is a very specialized medical branch that requires a Doctor of Medicine (MD) degree.

10- Herbal beauty products:

Indubitably, this is a very competitive sector, with corporate giants battling for a slice of the market. Despite, a sizable 

portion of the market is available for entrepreneurs who can offer fresh, home-made traditional beauty products.

Such herbal beauty products cannot be stored for large scale commercial marketing. They are prepared and delivered based 

on orders only.

11- Tiffing service:

This is a good option specially for women to become rich. India has one of the largest consumer-driven economies. Meaning, 

people crave, strive for and buy superior consumer products during their life-span. Rising living costs have rendered it imperative for couples to work.

Small families with both working spouses and single workers seldom have time and inclination for cooking meals.

They subscribe to what is commonly called ‘tiffin service’ in large cities. Providing a full, packed lunch or dinner with home 

delivery service is a great money spinner to begin from home or a small kitchen.

12- Photo/ artifact restoration:

amphora, excavation, archaeological

Tropical climate in Nigeria plays havoc on old pictures and precious artifacts. Modern technology combined with artistic skills

 render it possible to restore memorable pictures that have fallen victim to vagaries of the weather.

Artifacts and family heirlooms also require restoration or face lift such as polishing. These services, though available, are rare

in Nigeria and can be offered with ease.

13- Public relations agency:

The boom in new businesses has spurred breakneck competition in almost every sector. Copycat business models rule the 

South African and Nigerian  market. 

Companies wishing to retain their position or consolidate their brand look for public relations firms.

PR firms are tasked with creating a proper presence in the mass media, hosting events for promoting the company or its

 brands, interacting with journalists and other stakeholders. Not all businesses can afford services of giant PR firms. 

Offering these services to smaller firms can be done from home or a small office.

14- Government liaison:

Despite best efforts of the government to reduce red-tape in Nigeria, bureaucracy continues to reign supreme. 

Getting fresh licenses and permits or renewing existing ones can be done online, but with limited agencies only.

Helping businesses to procure and renew these licenses is very profitable. You will require some effort to develop contacts 

with the right person in various government departments.

15- Scrap recycle:

Everyone has seen the ubiquitous ‘kabadiwala’ or rag picker, make rounds of garbage kilts and gutters to collect discarded 

plastic bottles, soft drink cans and myriad scrap. A typical rag picker playing on major streets for 

12 hours earns a tidy 

Make a reasonable sum of money everyday.

The reason: The scrap fetches high value in the recycling industry of  India. With some skill, opening a scrap recycling business

 is a very profitable and sure way to become rich in India. Recycled metal, plastic and paper are commonly used and in high 

demand in India’s manufacturing sector. Government loans, technical know-how and subsidies are offered to recycle rs.

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16- Chronicler:

A profitable venture for creative folk who possess extraordinary linguistic and writing abilities. Companies, large families,

 educational institutes and various other organizations look for chroniclers who are able to write their detailed history.

Chronicler is

“a person who writes descriptions of historical events as they happen: He was a photographer and chronicler of life in the poorest neighborhoods at the end of the 19th century”.

The work is very lucrative and assignments can often last several months. It involves digging into the organization or family’s

 history, tracing roots, documenting various landmarks and presenting in a reader friendly, interesting manner.

17- Labour services:

This is not the same as a recruitment agency which requires a plethora of licenses. Providing labour services involves giving 

semi-skilled or unskilled workers on temporary or full-time basis on

extremely short notice- less than three hours- to small 

businesses that have very high attrition rates.

Such companies include construction firms, security agencies, restaurants, pest control providers and motley others. You get

 paid the equivalent of a day’s wages as commission per worker provided. Profits can be well imagined considering casual

 laborers in cities such as Johannesburg earn a reasonable  amount as daily wage

Get your check-list first
Before embarking on any get-rich-soon venture, it is advisable to prepare a check-list of what you require.

Some of these
businesses may require bank account, tax and other registrations and permits. Without these, your enterprise can be termed
illegitimate and you may be subjected to stiff cash fines. Serious breaches of law can end you in jail, despite innocuous nature
of the business.

With proper documentation, limited resources and a fair degree of enthusiasm, you too can strike it rich in
any developing countries of the world.

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