After all, you are solving an immediate issue for your customer and you're working on something you truly care about. Starting a middleman business can be really rewarding work. The cost to start a middleman business costs significantly less money than most businesses, ranging anywhere from 62 to 23,259. You can do everything from the comfort of your own home, at least in the beginning! It's not necessary to have a physical storefront or office space to get your business started. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own. Referrals is somewhere in between and marketplaces connecting buyers and sellers the least work with least reward.You can put as much time into the business as you'd like. Don’t sit in the dark get your cut of the Eskom sabotage.Īgents or consultants will make the most money as they do the most work (but also take on some risk). Have you ever seen trucks for sale on Gumtree and there is many different people repping the same vehicles? Some can even get you Eskom coal contracts. Yes, I am even including some business ideas. Surely you can just translate a property portal to Zulu (12 million native speakers in 2011 census) and Xhosa (8.7 million native speakers in 2020) and make enough money to sit in Taboo and The Sands – or at the very least Konka – every week. Why is there not a business in a language niche spoken by ANC supporters? They have enough numbers to vote in corrupt and incompetent criminals every five years but surprisingly there is not even one of their languages on product packaging. If you look at what LekkeSlaap (or Lekkerslaap like I prefer to call them) did, they started a business based on a language spoken by minorities. Marketplace ideas (can be general or niche but remember general already has many established competitors):
And it is very difficult to get a foot in. Not every industry has lots of listings like property and vehicles and they both have existing incumbents often the Afrikaner Broederbond I mean Naspers/Prosus (Property24, AutoTrader) or Tiger Global backed entrepreneurs. Online marketplaces are the cheapest and easiest to setup. It depends the more commission the more work will usually be required. I guess PropertyFox would fall into this area. There is also a very niche of a online agent which is a website that is more involved in selling your property that Property24 or PrivateProperty. This can be a fixed fee or a commission (a cut of the 5%). They do less than the agent and will usually only get a fee once the property they referred is sold. This is a person (any person) that refers property for sale to estate agents and get a cut of the fee. The middle ground between the two is a referring agent. A online service that connects buyers (or the agents representing them) and sellers. All you literally have to do is show people around a house and print out a offer to purchase.Īnd while we on property let’s cover the whole spectrum. Considering buyers have to pay a conveyancer a transfer fee to do the actual transfer this can be a good business and far less work than a broker in other business (property has less due diligence requirements).
#MIDDLEMAN IN BUSINESS SOFTWARE#
This can be making a R1000 for finding a buyer for a friends car to making R1 billion setting up SAP and Oracle with crooked politicians to sell the government software they don’t need.Ĭommon examples of middlemen in SA (starting with most effort to least)Įstate agents: putting a advert on Property24 or .za and charging clients a 5% selling fee for the honour. A middle-man is a intermediary or agent between two parties.
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