Low-Cost Business Ideas in the Oil and Gas Sector in Tanzania
Startup Capital is the popular obstacle many Tanzanians avoiding starting oil and gas business.
And is widely held myth that oil and gas business is only for big boys with huge financial muscles
But starting oil and gas business has nothing to do with your pocket size.
But it relies on your business model. if your business model is to set up petrol station you’ll need 500million startup capital.
If you’re keen on supplying safety boots to the oil and gas company in Mtwara there It will cost you huge cash.
Needless to say, if your business model is to lease land from government(TPDC) and engage in oil and gas exploration. It’ll cost you billions of dollar to make it happen.
But Just because you’ve limited start up capital for your own oil and gas business does not mean that you give up on your dream.
As there a lot of investment idea, you can start right away. I can confidently tell you that all types of people can create oil and gas business in Tanzania.
No matter who you’re and what’s your level of the financial economy you can start mall reap the substantial reward in the long term.
Amend your business model
The simple way to go into oil and gas business is to change your business model
Let me be clear.
Buy oil company stock, Start online business, offer services instead of products, or work from home.
Want low-cost oil and gas business you can start tomorrow?
If so, you’re landed the right place.
LOW INVESTMENT AND BUSINESS OPPORTUNITIES IDEA IN OIL AND GAS SECTOR IN TANZANIA
#1:Buy Oil and Gas Companies Stock
But if you want to invest in Tanzanian oil and gas sector and you don’t want to accept much risk then buying stock is a way to go
And the good news is this, In Tanzania, we already have some oil company that selling stock in Dar es salaam stock of exchange.
Why is the easiest and profitable investment?
You can buy oil companies stock wherever you’re in Tanzania. You should set a call to a broker in your region and invest in oil share
Everyone can handle because is it oil stock is cheap. As the time of writing in the Dar es salaam stock market, they sell oil share Tzs 500.
As the oil companies get profit, you get profit, too
How is this business work
Buying stock from oil companies means you get ownership of that company equivalent to what you invested .
In clarifying this, if a company has total 100 stock and then you buy 20 stock then means you own that company for 20 percent
And the best part in this investment is , you share both risk and reward with oil companies. When companies gain profit, you will get profit too according to the stock you bought.
With the use of advanced technology and sophisticated equipment, oil companies make the substantial profit. So what if you buy a stock from oil companies right now? You’ll harvest abundance profit in the long run.
#2:Oil and Gas Freelance Writer
If you passionate about writing. This is the business for you to profit. You can make money writing oil and gas article for the Local newspapers, and oil and gas start-up .
Fortunately, Tanzania’s magazine pay Tsh 30,000- 50,000 per articles within 30 days of publication.
If you write 4 article you earn Tsh 50,000 × 4 =Tsh200,000.
But if you’re fast enough to craft 10 article . You make Tsh 50,000×10 = Tsh500,000.
The amount you make doesn’t matter .
But is the peace of mind no bosses around. You get out the bed in the morning any time you like.
You make some tea. You grab your laptop. You settle in on the couch and start your work in your pajamas.
Create Oil and Gas Blog
You can make money blogging in oil and gas related subjects. It the faster and easier way to make money in the oil and gas sector. It takes only 5 minutes to create your own free blog. As this industry is new our country.
You’ll make a lot of money when you start to create awareness to people about the trend of the industry. Sure, if you post informative content on your blog and readers find it helpful you’ll attract a lot of Traffic to your blog.
And that’s where you make money from the oil and gas stakeholder who are keen to advertise on your blog. You go beyond by Interview oil and gas professionals and publish their insight on the blog.
You can also make money selling oil and gas companies products when your blog gains popularity. The cool thing is that you don’t need a lot of financial capital to go in this business.
With your computer at hand and good internet access, you’re ready to go.
This business requires consistent and persistent. You should update your blog regularly
Become consultant and adviser on oil and gas related issue.
Do you like to meet new people? Have good communication skills and oil and gas training? Then you ought to consider helping people in key issue related oil and gas sector.
The funny thing is this, even without capital yet, you can still start this business at home mom and sell your insight to millions
#3:Assist foreign investor to make smart business decision in Tanzania’s new emerging oil and gas market
Tanzanian oil and gas sector has become a powerful magnet for foreign investors. Many foreign entrepreneurs are move in. why? Because they want to tap opportunities in the oil and gas sector.
But the biggest challenges they face is the information on how to enter Tanzanian oil and gas market. They wondering how they can get potential partner or supplier for their products and services.They never realize local rules and regulations.
Your job is to pick what match your skills, hobbies, and talents
Which Business is Best For You?
I’m not telling you the right business to start. Why? Because the best oil and gas business idea depends on your skills, hobbies, and talent. Your job is to pick what match your hobbies . Because you can match the-the skills through learning as you go
But one thing to note:Tanzanian oil and gas market getting increasingly crowded by the day. And once competition intensifies getting started will become even challenging for you. So this is your moment. This is the right time to start oil and gas business.
Stop making excuse, start small,start where you’re
