Top 10 ideas to become rich and successful in Nigeria

What can I do to make money in Nigeria? This question can’t get out from the head of every single person. And you can understand why, observing the trends of modern society, with its luxury cars, houses, boats, and other stuff. Who doesn’t want to get rich? Maybe only those of you, who don’t want to read our fresh article.

10 ways to make money in Nigeria

1. Wedding planning business

This agency provides a full range of services for wedding ceremonies

Tailoring dresses for the bride.venue scoutingvendors and event corodinationHolding a stag and hens party.Organizing of wedding trips.

2. Online shop

The virtual market could be interesting even in an economic meltdown. People won’t stop buying food, clothes, shoes, and cosmetics. Experienced businessmen recommend trading both online and offline. This expands the circle of customers and allows you to increase sales.

However, for the beginner entrepreneurs, it’s highly recommended to start from online. In this case, you can try to find your target audience and figure out, what kind of goods you would sell. If you see that you have some additional resources, and you have a strong demand, then you can try to go offline. A small showroom in the shopping center is a nice offline extension of your online business.

3. Mini-importation business

Importing products from different countries is an excellent option for personal business. Obviously,

4. Blogging

Among the many types of Internet earnings blogging (the creation and promotion of a blog or website) has gained maximum popularity. Although both the site and the blog is an intellectual development in which the owner invests his emotions, ideas, time and money, it requires much more attention, and the level of profit from the blog will be directly proportional to the efforts spent on it.

To develop, create and promote your site or blog you have to put maximum creative efforts. Quite frankly, this goal is entirely achievable, since this business is very lucrative, and brings an average of several thousand to several million Naira a year.

5. Lounge

Formally, a lounge bar is a kind of mini hospitality business, especially for stand-alone lounges that are not part of hotels. The word lounge can be generally attributed to anything from bar to billiard room. Lounge bars are usually designed for wealthy customers and offer refined drinks and expensive dishes, they often organize VIP rooms, live music etc. Talk about a money maker!

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6. Bookmaking business

You can start in the bookmaking business, having an area of ​​only 6 square meters. So you open one window with a cashier. It is quite enough to try your hands in this business. From the equipment you will need:

A computer.A printer.A copier.Internet access.

Also, you have to think about software for receiving bets. Here there are two options, either the licensed program is bought or the program is written by the skilled programmers. A bookmaker's office is nothing more than a sports exchange game. This type of operations is one of the most profitable of all known short-term financial instruments.

7. Transport business

Buying some types of freight vehicles can automatically make you owner of a small business involved in the freight industry. Of course, you still have to find your clients and make some investments in the advertising. But, the main point of this business is that your wheels can make you lots of money.

What kind of car you have to buy depends on what kind of cargo you will be transporting. Therefore, in the very beginning, you have to probe the nearby market: what is carried more often? In prospect, you can hire additional drivers, buy new freight vehicles, and expand your business through different regions.

8. Travel agency

Tourism business is dominated by two kinds of players: tour operators and travel agents. The first is engaged in the development of tours, and form a price for them. Travel agents are doing less work, selling ready tours.

For a beginner travel agency, it is important to determine the target market which it will work with and the specialization of the tours that it will sell. According to experts, at the initial stage, the main thing for the firm is to survive the off-season. Send at least 500 tourists abroad, then, in the second year of operation, the client base will grow.

It is better to rent a room in the center for a new travel agency. Experts advise looking for a room closer to other travel agencies, as it is the most convenient option for the client. It is easier for him to come to one place and compare the proposals of different agencies. The main criteria for choosing a travel agency: the level of the proposed hotel, the amount of discount.

The second option for a travel agency is to open an office in a place of congestion of potential tourists, where there are no competitors, for example, in a residential area. A constant flow of tourists will not appear so quickly, but competition is less and rents are lower. For a start-up company, an area of ​​20 square meters is sufficient.

9. Private school business

The goal of the project is to open a non-state educational institution that provides services for primary and secondary education in a city with a population of more than 1 million people.

The preference of parents increasingly tends to private schools with an individual approach to the student and a bias toward the study of foreign languages.

10. Creative use of technology

In this case, there are a lot of opportunities and ideas, which you could use for your own profit. Really, it’s quite impossible to pick out the best tech idea for a business. There are lots of them, believe us. The real meaning of this topic lies in the world “creative”. The 21st century appears to be the perfect time for developing innovations.

So, your tech startup could be about additives in fuel and plastics or about GPS for dog-collars. You don’t even need to be a pro in engineering because there are lots of qualified specs that would be proud to be a part of an interesting project. Thus, there is only a single idea needed from you. Use your imagination and believe in your dreams. Steve Jobs would be proud of you.

Surely, there are much more than 10 business ideas, which you can successfully realize in Nigeria. The thing is that your future business should be a real passion for you. And you can show such passion for slightly different things. If you feel that you have found such idea, don’t be shy to breathe life into it.



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Top 10 ideas to become rich and successful in Nigeria Top 10 ideas to become rich and successful in Nigeria Reviewed by G4F Entertainment on January 19, 2018 Rating: 5

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