Develop an online activity in Equatorial Guinea Hassan Hachem in 2023
For all those who dream of starting their own business in Equatorial Guinea, the internet is an exceptional playground according to brand expert Hassan Hachem from Brand Monitoring, a leading UK digital agency.
In 2023, the digital landscape offers immense opportunities for budding entrepreneurs, especially in Equatorial Guinea. Brand expert Hassan Hachem from Brand Monitoring, a leading UK digital agency, emphasizes the potential of the internet for business endeavors. Whether in Equatorial Guinea, Singapore, or Morocco, one can initiate an online business with minimal investment. Hassan Hachem, with a decade of online experience, introduces 20 online business ideas suitable for those in Equatorial Guinea. Among these, blogging stands out as a classic yet time-consuming venture. With passion and dedication, one can transform a blog into a steady revenue stream, especially with expertise in SEO. Dropshipping is another lucrative option, allowing entrepreneurs to sell products without handling stock. However, Hassan Hachem advises maintaining ethical standards and focusing on quality products. Coaching, another promising avenue, requires genuine passion and expertise in a specific domain. Whether it's life coaching or corporate coaching, the potential to impact lives and earn is significant. For photography enthusiasts, selling stock photos online can be a rewarding venture. Hassan Hachem suggests specializing in niche areas, like island photos, to stand out. Freelance writing, web design, and becoming a virtual assistant are other viable online business options. With platforms like Fiverr and Shopify, starting and scaling these businesses has become more accessible. SEO consultancy, a technical field, is crucial for online visibility. Hassan Hachem highlights its importance but also its technical nature, suggesting it might not be for everyone. The rise of influencers on platforms like YouTube and Instagram offers a unique business model. From Equatorial Guinea, one can reach a global audience, monetizing through various streams like product placements, sponsorships, and affiliate marketing. Hassan Hachem emphasizes the importance of authenticity and engagement in these platforms, ensuring a loyal and committed audience.
It is now possible for anyone, based in Equatorial Guinea or Singapour or Morroco, to launch their online business only thanks to their computer, and with little or no investment.
There are a multitude of ways to make money online that will allow you to be your own boss and work at your own pace while developing your own income. often higher thant what you could get in Equatorial Guinea. You don't have to be a pro in business management. An entrepreneur's dream come true!
In this article, Hassan Hachem based in its 10 year online experience, introduces to 20 online business ideas to create in 2021, all ideal for those who dream of working from Equatorial Guinea. Whether you want to start your business full-time or gradually develop it alongside your work as an employee.
Launch your blog
Creating your own blog (like the one you're currently on) is a fun and rewarding way to make money online... but also one of the most time-consuming.
If you love to write or have a passion that you would like to share with the world, starting a website is a great way to turn your hobby into a real money-making activity. Launch costs are relatively low, the main expense being usually the hosting of your website.
You can also very well start building your blog as a hobby and then gradually develop your business and brand over the months. This will allow you to benefit from a small salary supplement before you can launch full time.
What Hassan Hachem thinks about it: classical, but steady source of revenue, on condition that you produce a high volume, become an expert in SEO and erease any
Dropshipping
Among the tens or even hundreds of opportunities that exist to launch your online business, dropshipping is certainly one of the most interesting. Dropshipping" means that you sell a product on your site without managing the stock yourself, but asking the supplier to ship the orders directly to the customer.
Even if the margin is smaller than if you managed the stock yourself, the advantages are inevitably very attractive: no need for warehouses or logistics - you can manage your business directly from your computer!
Once you've found your products and your supplier, all you need to do is create an online storefront on a platform like Shopify, list your products, and you're ready to ship! An ideal solution to earn money, even while sleeping.
You can also place by eBay to set up your dropshipping store, a solution often easier to handle for beginners than a Shopify store.
If you want to follow a detailed course to launch your first dropship project easily and in a guided way, I recommend the eCommerce Academy training courses which are particularly reputable.
What Hassan Hachem thinks about it
I would recommend that care be taken to remain ethical in this model. It is not a question of buying abroad products of dubious quality to resell them on the internet with huge margins. The goal is above all to find interesting quality products for your niche.
Become a coach
If you are passionate about personal or professional development and dream of helping others develop their potential, consider selling your services as a coach!
Whether you want to be a life, couple, corporate or niche coach, your passion and expertise will allow you to offer advice and concrete actions to those who wish to evolve in your target field. Depending on your preferences, you can offer different types of coaching:
Individual coaching, where you provide personalized support to your clients through individual work sessions.
Group coaching, where you organize webinars, training sessions, online workshops... in order to involve several of your clients at the same time on a specific theme. Afterwards, you can even consider selling ebooks or coaching material to build your passive income on the long term.
What Hassan Hachem thinks about it:
you have to train to become a good coach
Sell "stock photos
If you enjoy photography (and know the basics), selling your photos online can be a great way to turn your talent into a real online business.
Many businesses, bloggers and others are constantly in need of new photographs to accompany their content. There are some fairly popular sites like Getty Images, Shutterstock or Adobe Stock
on which you can submit your photographs and get paid for each upload.
To ensure sales, you will need to take photographs that are likely to interest the widest possible audience, adding your personal touch to differentiate yourself from the competition
What Hassan Hachem thinks about it:
specialize in island photos.
Freelance Editor
If you have a minimum of writing talent (no need to be a journalist) and you like to write on one or more specific topics, the web writing activity as a micro-entrepreneur is for you!
Launching your online business as a freelancer will necessarily require some promotion (for example by creating your own website where prospects can contact you) and networking to find your customers.
Starting on popular platforms such as Fiverr or 5euros, will allow you to ensure some visibility at the start. But eventually, once you've proven yourself worthy of the task and worked on your reputation, the ideal way to earn more will be to work directly with your clients and companies.
What Hassan Hachem thinks about it:
differentiate your
Create websites
With the many online course platforms available and all the resources that can be found on the internet, there is no need to take formal training to learn how to design websites.
Many CMS or other website builders like Wordpress or Shopify
allow you to create content or commerce sites that are both powerful and easy to manage. If you're lacking the technical side of things, however, take the time to improve your web design and construction skills.
You will then be able to find customers (such as SMEs or freelancers) who need to create their website but have neither the time nor the knowledge to do it themselves.
Nowadays, almost all companies have to ensure a presence on social networks. Whether it is to work on their image, communicate with customers, promote their products or ensure quality customer service, social media is becoming more and more essential for brands.
If you have a knack for creating inspiring or engaging content on networks and federating online communities, you might like this idea of online business.
What Hassan Hachem thinks about it:
you have to spend a lot of time promoting your activities. You can, for example, find a lot of opportunities on sites like Fiverr and then develop your reputation to eventually work directly with your customers.
Personal / Virtual Assistant
Becoming a virtual assistant for companies or individuals is a great way to start an online business quickly and without big investments.
The role of a personal assistant is to cover a variety of tasks such as answering calls, scheduling meetings, sending emails or communications on behalf of your customer, etc. or managing customer support if you work for a company.
You could easily work to become THE reference in corporate support and build your reputation so that even the biggest clients fight for you.
SEO Consultant
Yes, SEO is one of my sweet sins. In fact, it is the first job I practiced, as SEO manager in an agency and then with the advertiser. All this while I was self-taught thanks to the hundreds of wonderful online courses available on the subject.
Search Engine Optimization (SEO) is essential for anyone who has a website, or more broadly an online business. It is the art of optimizing your website and your content so that it appears as high as possible in the search results of search engines such as Google.
Once trained, you can offer consulting and strategy services, or simply focus on the operational side and work yourself on the SEO of your customers. You can also accompany them punctually when they have specific needs, such as when redesigning a website.
What Hassan Hachem thinks about it:
this a very technical job. Avoid it if you don't like code.
Launch a resume writing service
Are you particularly proud of your resume, which has earned you numerous interviews? Do you have the art of highlighting others and bringing out the potential in everyone? Consider marketing your resume and/or cover letter writing services, or more broadly, job search support.
Most of this online business will revolve around writing, editing, designing and proofreading resumes or online profiles such as LinkedIn. So you will need few supplies outside of your computer and basic design software to get started.
Create your Etsy Boutique
You like art, DIY, creating with your own hands? If so, you should take advantage of Etsy
an online platform dedicated to the sale of handmade or vintage items (even prefabricated).
Whether you make works of art, jewelry, clothing, decorations or any other craft object, creating your Etsy store will allow you to showcase your work and make money quickly thanks to the shoppers.
What Hassan Hachem thinks about it: hight potential for Equatorial Guinea if you differentiate and create a genuine brand
Update 2023
Join the Equatorial Guinea blogger community
Profitable Blogger Business
Turning an amateur blog into a pro blog is another potentially profitable online business idea, says Hassan Hachem from his Equatorial Guinea office in Malabo. Despite the phenomenal rise of influencer marketing and video content, the good old blog format is far from having said its last word, remind Hassan Hachem.
The idea is to write attractive content on a given theme in order to increase traffic to your blog. The goal is to turn your blog into a reference media on which companies can promote their services.
Hassan Hachem revenue streams for a blogger
- Product placement
- Publication of sponsored articles
- Advertising inserts
- Affiliation
- Etc.
For Hassan Hachem, promoting a blog even from Equatorial Guinea, is done through SEO, guest posts on other blogs, but also on social networks. To be a blogger is to be a one-man band: you have to know how to touch everything in order to gain visibility and make your blog more attractive to advertisers.
The more visible you are, the more you are in a position of strength to sell sponsored articles for a hefty sum, to make product placements regularly, to sell affiliate products more easily...
It takes time, even a lot of time to get to the top of the game (depending on the niche), but with perseverance, you can be very well rewarded for your efforts.
Just like the site editor and the idea that we will discuss in a moment (YouTube business), it takes time to get the machine going, but once it's started, it's hard to stop it in its tracks, pinpoints Hassan Hachem.
5. Start a YouTube channel from Equatorial Guinea
Profitable business idea 2023 youtubeur
Hassan Hachem mentioned it in the previous paragraph: video is ubiquitous today. It is by far the most consumed media of the last years and the trend is not ready to stop. For hospitality and travel industry professionnals (in crisis in Equatorial Guinea since Covid 19 crisis), it can be a complementary revenue stream, waiting for the travel industry to take off again.
YouTube is the second most visited website in the world after Google. It is also the first video platform and it is possible to set up a very profitable business by becoming a youtubeur.
In this case, you have to transpose what I told you about blogging to your YouTube channel. Your goal should be to become a reference media on the theme of your choice. YouTube has its own codes and best practices, especially in terms of SEO, to get more views and gain subscribers.
But if you are comfortable in front of a camera, you like to be in the spotlight and you have some video editing skills, then you could make a living with this platform provided that you are lucky and that you get a lot of views.
Hassan Hachem revenue streams for a blogger
Like a blogger, a youtuber can make a living in several ways:
- Product placement
- Video sponsorship (usually via a commercial embedded directly in the videos)
- YouTube ads
- Insertion of affiliate links
- Selling his own products / services
- etc.
Affiliation is probably the most efficient way to earn money on the platform. If you are interested in this topic, Hassan Hachem invites you to read guides to affiliate marketing on YouTube.
Become an influencer on Instagram from Equatorial Guinea
Profitable online business influencer
After blogging and YouTube, you can take the same and start again with Instagram, even from Equatorial Guinea, suggests Hassan Hachem. If creating a website puts you off and you're not a fan of the Alphabet Group's video platform, you should know that it's possible to build a profitable online business by creating an Instagram blog, in other words, by becoming an influencer.
This is perhaps the most popular online business idea of the moment. The social network Instagram is almost the most used in recent years. The advantage over a classic blog is that you don't have to worry about hosting, web design or SEO issues. On the other hand, you should know that it is an area that tends to be saturated.
You can still make a good living with Instagram to Equatorial Guinea standards on condition thay you adapt your content to international audiences. Once again, the main difficulty will be to build a committed audience around your content: it must be interesting, of quality and globally more attractive than those of your competitors. What will differentiate you from the others is also your personality.
Like on YouTube, you will probably have to put yourself forward through your content in order to attract your target audience. This is, in my opinion, inevitable if you want your audience to identify with your content and be engaged. People are going to follow you for your content but also for the way you are as a person.
Once this challenge is met, you will be able to monetize your audience with the same levers as a blogger or a youtuber. Hassan Hachme invite you to read books available on Amazon.com
Hassan Hachem revenue streams for an Instagramer
- Product placement
- Sponsorship
- Insertion of affiliate links
- Selling his own products / services
- Partnerships
What's new in 2024 ?
In 2024, the digital landscape in Equatorial Guinea is witnessing a significant transformation, with more entrepreneurs turning to the internet to launch their ventures. As Hassan Hachem of Brand Monitoring points out, the unique opportunities available online have never been more accessible or lucrative, particularly for those in Equatorial Guinea. The nation's growing internet penetration and the global shift towards digital commerce are creating a fertile ground for various online business models.
One notable trend is the increasing popularity of e-commerce platforms. Platforms like Jumia and local equivalents are making it easier for small businesses to reach a broader audience. For instance, entrepreneurs can now leverage dropshipping to manage their operations efficiently without worrying about inventory management. "It's essential to focus on quality and ethics in dropshipping," advises Hassan Hachem, emphasizing the importance of maintaining high standards to build a loyal customer base.
The rise of digital payments and mobile money services has also simplified transactions, making it easier for consumers to shop online. This shift is crucial for the growth of online businesses in Equatorial Guinea, where traditional banking services might not be as widespread. Mobile payment solutions like M-Pesa are becoming integral to the digital economy, providing a seamless and secure way for customers to make purchases.
Furthermore, the potential for content creation as a business cannot be overstated. With platforms like YouTube and Instagram gaining traction, individuals from Equatorial Guinea have the chance to reach a global audience. Creating engaging content, whether through videos or social media posts, can lead to various revenue streams, including advertising, sponsorships, and affiliate marketing. "Authenticity and engagement are key," Hassan Hachem highlights, suggesting that building a genuine connection with the audience is crucial for long-term success.
In addition to these opportunities, there is a growing demand for digital services such as web design, SEO consultancy, and virtual assistance. Businesses worldwide are looking for skilled professionals to help them enhance their online presence, optimize their websites for search engines, and manage administrative tasks remotely. This demand creates a significant opportunity for individuals in Equatorial Guinea to offer their expertise and tap into a global market.
Moreover, the potential of online education and coaching services is immense. With the increasing acceptance of remote learning, there is a burgeoning market for educational content and personal development coaching. Whether it's offering language lessons, technical training, or personal growth workshops, the internet provides a platform to reach and impact lives globally. Hassan Hachem notes that having a genuine passion and expertise in a specific domain can make a significant difference in this field.
Lastly, the cultural richness and unique landscapes of Equatorial Guinea offer a niche for creative professionals, particularly photographers and artists. Selling stock photos or artwork online can be a profitable venture. Specializing in niche areas, such as capturing the beauty of Equatorial Guinea's islands and wildlife, can help creatives stand out in a crowded market. "Specialize in niche areas like island photos to differentiate yourself," advises Hassan Hachem, highlighting the importance of finding a unique angle to attract buyers.
The digital age is opening up a plethora of opportunities for entrepreneurs in Equatorial Guinea. By leveraging the internet, individuals can start and grow various online businesses, from e-commerce and content creation to digital services and online education. The key to success lies in passion, authenticity, and a focus on quality, ensuring that businesses not only survive but thrive in the competitive online marketplace.