1: Cryptocurrency business
This business is quite risky and requires a lot of knowledge, so you will have to sacrifice a lot of time to learning how cryptocurrency business works. The market offers a lot of cryptocurrencies nowadays, and the most popular of them is Bitcoin. If you invest in cryptocurrency, it can pay off later. Of course, you will need at least a minimal starting capital, and the understanding of the business.
Yeah, everyone wants to be a blogger nowadays, but not everyone can actually be a good blogger. If you have a topic that interests you and that you are fluent in, you just need a little confidence – chances are that your blog can gain popularity in no time if your posts are memorable and unique. It is completely free to start a blog on a platform WordPress or Blogspot, and you will also have to learn some pitfalls of blogging business before starting to earn money.
2: Software Engineering and Development
Even though you’ve been leaving under the rock for the past decades, you cannot deny the fact that software engineering and development are some of the masterminds behind the technology we today.
Moreover, they create, test and maintain software on a variety of platforms; according to the United States Bureau of Labor Statistics, the demand for software engineers and developers is expected to increase by 17% every year through 2023, and the median pay in 2014 was a little over $100,000 per year. But this is Nigeria, can it work here? Why not? Several software engineers and developers in this country have clients abroad, so if why not consider it?
Furthermore, the nature of the software development industry makes it perfect for contract employment. Besides, many software engineers who started as salary earners have become self-employed contractors. Fortunately, cloud computing and quick remote access have made this business, perfect for home-based business Reasons Why You Should Walk with Barefoot, click on the more icon to see
3: Barbing, Piercings and Tattoos
This is a fast-growing trend in the country, although most of our elders believe we are dumping traditions and embracing a foreign culture. Probably they are right, but change is the only constant thing, right?
Barbing, on the other hand, is one business that has stood and still stands the test of time; a lot of youth are embracing this trends. You can never run out of customers especially when you are good in your field.
It may seem saturated, but with great ideas, you can draw people to the beauty parlour; men use their favourite barbing shop to discuss politics, footballs and sometimes take a break from their women. All in all, it is an exciting business that will continue to trend until the end of time.
:Counselling and Therapy
Unfortunately, many in the country have overlooked this field; they feel it is time wasting and most importantly money sapping machine. Starting such business now may take a while before it yields profit, but with the current suicidal attempts, some are finally encouraging people to seek professional help.
Furthermore, if you are interested in this field, you need to undergo extensive schooling, but you can get it as a post-graduate degree, which does not take as much time as your first degree in the university.
This is yet another professional course that is always on the rise; several businesses have been shut down because of a lack of financial knowledge. Business owners are looking for professional advisers to direct them on what to do.
Although you need at least a bachelor’s degree and specialised training in leading certification, securities management, but it is worth it. As people grow old, they look for trusted financial advisers who can help them with their finances, and that my friend is where you come in. If you are interested in this field, go for it.
4: Local food restaurant (Mama Put)
Do you have culinary skills? Do you have a passion for preparing homemade foods? Well, that may be your ticket to live a fulfilled life. Mama put is an ever-trendy business, as long as there are people in this country, your company will never go out of style (only if you know how to cook the Nigerian style).
Nigerians love their foods- I don’t mean the continental dishes you find in fancy restaurants- I mean the locally made food, from jollof rice to egusi and pounded yam/eba. If you can give them foods, which remind them of “the good old days” your shop will never run out dry.
Although you may need to rent a space to sell to customers, they are not quite expensive compared to owning a continental restaurant. However, if you are an investor looking for what to invest in- I suggest you look into this area. As laughable as it may sound, many people have trained their kids solely on the profit gotten from the Mama put business.
If you think you can handle it, you can as well, start by selling Akara and Akamu (Beans cake and pap) in the morning, and then open your Mama put in the afternoon or evening.
What to put into considerations before opening this business;
- Ensure your business centre is convenient for vehicles, cycling and as well, as foot traffic.
- Be ready to offer a pleasant atmosphere, and reception to your customers; there are several mama put joints out there, but a majority of them lack professional customer support. You can take advantage of this by making your joint homely to all. If you want to employ a few workers, ensure you teach them the concept of “the customer is king.”
- Be ready to serve high-quality homemade local foods
- Forget the competition; do not attempt to compete with fast-food outlets, or old joints- be unique.
- Have a passion for what you do, if not you may give up even before you start
If you cannot afford to rent a place, turn your joint to a mobile mama put; serve specialities like delicious homemade moi-moi (beans pudding) ekusu (corn pudding) etc. However, ensure you set a particular time, it will make people get to know and love what you do.
If you have questions on Mama Put business, kindly leave a comment, and I will get back to you as soon as possible.
5: Freelance writing
Are you a skilled writer? Do you enjoy writing articles and blog posts? You can become a freelance writer and register on the website for freelancers to start getting orders from various websites. This job is beneficial because you can easily work from home and choose the suitable time, in contrary to the set office hours that would be required of you at the full-time work. There are plenty of the websites and blogs that are in constant search of writers, so do not miss your chance if you feel like your writing skills are high and you could help them in some way!
Graphic design plays a really important role in the creation of any website, along with the logos, banners and other things that present the site to its potential visitors. Students in Nigeria can become graphic designers too – everyone starts small. You can also apply for a job where you will design various business cards and brochures. All that it takes is some graphics skills and a passion for designing.
6: Home Renovations
Virtually everyone needs to repair or renovate something in their homes from time to time. Professional remodelling contractors are difficult to find- and the good ones are always busy. Home renovation is a sweet business that can stand the test of time irrespective of the economy in the country.
Take a look around you- people are complaining that there is no money, but building and renovations are still going on! Many people are changing their apartment décor every time. Contracts are always carried out- this begs the question, where is the money coming from?
Probably you are not looking in the right direction, in this few years I have worked with people, I realised that money is everywhere; you just have to tap into the legal moving trend!
From carpenter, tillers, to painters- these people never lack in getting jobs especially when they are right. The home remodelling business is perfect for self-employed individuals for many reasons;
Most renovations are contract-based, you do not need to rent an office space except of course when you’ve successfully grown your business.
The capital investment for machinery and tools is much less than needed for new construction.
You can choose to be a general contractor, which means it is not necessary to know the job- all you have to do is to hire people who are good in what they do- more like an intermediary. Get the contract and outsource the jobs to other people-it is a win-win situation. However, you can also choose to be a specialised contractor- you can focus on renovating kitchen, bathroom or niches such as restoring historic structures, solar installations, or improving energy efficiency
Furthermore, these are the few things required of you before you can be successful in this field according to Susan Ward
“Good organisational skills
Up-to-date knowledge of the local building codes and safety regulations
Extensive experience in building construction, with hands-on expertise in at least one of the trades and education of the others
Good contacts within the industry, so if needed you can call in sub-contractors to get speciality work performed in a timely fashion (such as architects, structural engineers, licensed electricians, plumbers, tilers, and more.)
Licensing and certification if needed in your jurisdiction. In the United States, the National Association of the Remodeling Industry offers various levels of accreditation for remodelers.
Perhaps you are talented at sewing and often hear compliments about your self-made clothes, but you were never confident enough to start your own business because you thought it is difficult. Well, we can reassure you that it is really easy and does not require much effort. Even if you are a school student, you can quickly earn a lot of money by tailoring clothes.
If you always had a passion for hair styling, you can invest in professional hairdresser course, and then start working at the hair salon. It does not have to be a full-time job – you can work there as a student and successfully earn money. You can promote yourself on social media, such as Facebook and Instagram, which will generate you more clients. Post the best examples of your work, and you are guaranteed to gain people’s interest in your skills.
Perhaps you like spending time with other people and passing the knowledge to them. In this situation, the tutor job will fit for you. In case you start your own private business in tutoring, you can hold your lessons in the evening or during weekends, and you will have enough time left for school and personal activities. To become a tutor, you can start offering services either online or to people you know. Choose a subject that you are really good at.
8: Skill Trades
Although most Nigerians overlook these aspects of business, some even termed it “business for poor, uneducated people”. This notion is destroying the beauty of these trades. Unfortunately, some Nigerian parents discourage their kids from considering skilled trades because they feel it will not “fetch” enough money, even though they know their children are gifted in such areas.
To bring this nation up to her glory she deserves, it is necessary to allow people to learn what they love, irrespective of the nature of the job.
In reality, skilled tradespeople are well paid, and they enjoy the satisfaction they get from their jobs because a majority of these people followed their passion.
According to Susan Ward, “ there will be a huge demand for skilled trades such as;
- Carpentry, and general construction
- Electrical and electronic control systems
- Heating, ventilation, air conditioning, and refrigeration (HVAC)
- Machinists and Metalworkers
- Plumbing, pipefitting and steamfitting
40% of current tradespeople will be retiring in the next ten years, which will explain the sudden rise in demands for talented workers in such trades. So, if you have a passion for any of the skilled trades listed above, I implore you to learn the skills, do not be scared of what people will say or how they react towards you- get your acts together and maximise this opportunity.
What you stand to gain
The nature of these skilled trades makes it suited for self-employment
- Most trades can be operated as home-based businesses; you can always move to bigger office space when you start hitting it big!
- High salaries and you will always get gigs, contracts etc. so long you are good at what you do
- The startup capital costs are relatively low for most skilled trades, and unlike some 21st-century jobs, they cannot be replaced by automated technology. So you can enjoy job security, cool isn’t it?
- Relocating to places where the demands are higher becomes easy; several experienced tradespeople use it to their advantage.
You see why you can earn big in this country. Why don’t you go for jobs people are not ready to learn but are willing to pay high to get the job done?
9: Real estate agency
This job is always relevant because people are constantly searching for the new houses to live in. All that is required of you is helping people to search for a suitable living for them, according to their demands. You need to be reliable and have access to the genuine information to become successful in this business. Except that, you need a business card, which you can purchase for about N4,000 or even less. If you have some relatives or friends who thrive in this business, you can ask them about all the features and pitfalls. In general, you must be confident and possess high speaking skills.
:Become a Jumia agent
The most popular shopping platform in Africa, Jumia.com, is always in need of agents, who can work either full-time or part-time. Their responsibility is helping people order and purchase whatever they need. Your work will be letting people know that you are a Jumia agent, and promoting their offers on social media. It does not require any starting capital, and if you are a student, it will not take much time from you. If you go on Jumia.com website, you can learn more about the Jumia agent job there and decide whether it would be right for you.
10: Catering business
If you are in need of money, and would not mind working in the catering service for some extra cash, you can join a team that provides the cooking for some big occasions and events. It can be a really lucrative job, but you have to be aware that without passion it will not take you anywhere, even if you will earn good money. So, this job would be perfect for you if you actually love and enjoy cooking, and are good at it. You should also apply for it if you are able to deal with stress well.
:Cake making and pastries
Even if it does not look so, thousands of people need cakes for various events every day. In case you always enjoyed baking cakes and pastries, you can try yourself on an entirely new level by starting accepting the offers and making money in this business. Once you develop your baking skills and start producing really beautiful and delicious cakes, the clients and money will be guaranteed to you. You can advertise your business on social media by posting photos of your pastry, but if you are a student, you have a great advantage – you can share a word among the fellow students about your business, and perhaps someone will want a cake from you one day.