five businesses you can start in this bad economy and make a lot of money hi my name is coach EO aen if today is your first time watching my YouTube channel don't forget to subscribe like comment and also turn on the notification Bell so that anytime I upload a new video you will get the opportunity to see and watch the video so what are these five businesses that you can start in any bad economy first of all I want you to understand that there is nothing like bad economy bad economy is all about your mind
there are people who believe that they can't succeed in Africa there are people who believe that the econ e omy is very bad there are people who think that for them to succeed in life they have to go to Europe America before they can succeed but if you are watching this video I want you to change your mindset now in the era of Corona virus you realize that a lot of businesses emerge like talking about zoom zoom became popular during the Corona virus era an app like Tik Tok also became popular in Corona virus era
Netflix became popular in Corona virus era so bad economy to me doesn't exist it doesn't exist because of like the way we have been programmed to think okay in this same bad economy that you are complaining about people are building houses people are buying cars people are doing Mega projects so why do you complain about bad economy the first on my list is Food business all my business ideas I have been putting Food business on number one because no matter how hard or how bad the economy is people will still eat food majority of the
people they eat three times a day so for you to start a food business you need to get a good location business all about a good and busy location if you can get a good location and cook delicious meal you are going to make a lot of money and no bad economy bad economy cannot affect your food business number two Pharmacy business right getting a pharmacy or starting a pharmacy business is capital intensive right because you need to have a shop you need to get the license to operate a pharmacy shop but if you can
get the lices and start a pharmacy business you are going to make money you need a good location to start a pharmacy business because day in and day out people are getting sick they will go to the hospital and the doctor will prescribe a medicine for them so if you have a pharmacy business they will come to you you understand what I'm saying so Pharmacy business is also second on my list and the next one is water and soft drinks business right this business is fantastic business now starting water and soft drinks business you also
need a good location if you can get a good location and start your water and soft drinks business you are going to make a lot of money because water is life and people these days consume a lot of soft drinks okay so starting soft drinks business will also make you a lot of cash and the fourth one is Cosmetics business see bad economy can never affect Cosmetics business do your research and you know what I'm talking about Cosmetics business has been in existence for a long time you only need good suppliers from let's say China
France like Europe right turkey if you get good suppliers okay you can start Cosmetics business and I will prefer doing cosmetics and becoming someone like like you wholesale everything okay you can do wholesale and Retail and if you can get a good place a warehouse and start your wholesale and retail business like Cosmetics uh business you are going to make a lot of money all over Africa this Cosmetics business will work everywhere because people especially our women they want to feel good they want to look good so going into Cosmetics business is also another way
you can make a lot of money the last one is mobile phones and it's accessories right bad economy cannot affect mobile phone business like selling Samsung phones iPhones and in China you can get good suppliers in China to sell iPhones to you tablets like mobile phone accessories mobile phone accessories business is superb business and everywhere in Africa you can start this business and make a lot of money like I said in China you can get good suppliers Dubai you can get good suppliers you only need to do your research about all these business that I'm
talking about and I've said many times that it is easy to succeed in Africa than to succeed in Europe and America because it is not easy to get up in Europe and start a business it is not easy to start a business in America but Africa it is easy to start a business because we live in a developing continent so why do you think you can't succeed in Africa you can always succeed in Africa if you have a mindset of starting a business Africa is not a place to make money if you are going to
depend on salary then you have to go to America or Europe but if you have entrepreneurship mindset you will always make money don't forget to subscribe to my YouTube channel and also comment and like follow me for more videos and also 10
