Wealth is a fuel for the ego, it gives you a different type of feeling, boosts your mindset, everyone needs a life where all things are possible, the luxury lifestyle but they sit waiting for opportunity to knock when they have the potentials at their finger tip.
If you haven’t been making cash and you have been thinking on how to make money, do not panic. Below are 10 tips that would be very helpful.
START A TRANSPORT BUSINESS
Transport business is really lucrative in Nigeria if you know how transportation works and have capital to start up. Also you need to reach an agreement with the terminal managers and drivers.
LOOK FOR PROBLEMS TECHNOLOGY CAN SOLVE
Our society is not very developed so there are several challenges and problems that can be solved with the use of technology. In the past years technology has provided the youngest billionaires most of them in their twenties. If you have a sharp eye for spotting problems and challenges you can create valuable solutions to these challenges. You can either come up with the ideas and team up with a more talented developer. You don’t need to have the hard core programming skills to deliver a tech start up.
START A SCHOOL
A school is one business you can start small and look to expand over the years. This is one sure way to make money in Nigeria, you don’t need to have millions to start but you need to meet the basic requirements of the educational regulatory board.
If you can operate a drinks and food center in Nigeria, then it can be a good money market for you, because people will always eat even when the economy is bad. There are more restaurants springing up yearly and the numbers haven’t gone down, a restaurant is a good business that is always profitable as long as it is located in a prime area.
START BOOKMAKING BUSINESS
Bookmaking and sports trading business is one of the most lucrative businesses in Nigeria. Ignore what people might say about the motel justification. It also requires the highest capital to set up.
WEDDING PLANNING BUSINESS
This basically involves planning for people’s wedding while they would just show up on the D-day. Wedding planners take the work load off the intending couple. You need to have an office, phone number as a wedding planner that’s publicly listed so people can contact you.
START A TRAVEL/TOURISM AGENCY
People travel everyday. Starting a travel/tourism agency would surely bring income to the entrepreneur who can take time to earn their stripes in the travel business sector. Also important to have a website, an office and get at least one travel agent.
OWN A HOUSE
Not many Nigerians who own houses but those who do, only end up getting richer because real estate is one sure thing in Nigeria that hardly loses value and this depends how good the structure is.
START A LOUNGE OR RELAXATION CENTER
Owning a relaxation center is prime cities like Abuja can be a really good income generator as people in these cities look out for lounges to relax. It generates more income if it is dubbed as a viewing center.
START A MINI IMPORTATION BUSINESS
There are a lot of courses on how to import cheap quality food from countries like USA, China etc and sell them in the Nigerian market. It’s best to select products that the ROI can be very high.