Businesses To Start With 100k In Nigeria

Businesses To Start With 100k In Nigeria

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Looking for the most profitable businesses to start with 100k in Nigeria that is guaranteed to give you good returns on your investment?

If so, you are in the right place.

As a matter of fact, this article will show you our top 15 most profitable businesses you can start in Nigeria as a student, a woman or lady, in Lagos, Abuja or PH, or anywhere else in the country.

You will also discover 10 additional high paying businesses that you can put in your bucket list.

So, if you have 100 thousand naira in your hand right now or in your bank account…

And you are looking for the top paying businesses to make money fast online from your home in Nigeria, today is your luckiest day.

Cos you are about to be blown away by the whirlwind of information that you will discover on this page.

Excited?

Alright, let’s get started without further delay!

 

Top 15 Businesses To Start With 100k In Nigeria

We went through many of the available businesses people do and have selected the top 15 businesses that will give you the highest returns on your investment within the next few months.

Here they are below.

Businesses To Start With 100k In Nigeria #1: Start Trading and Investing in Cryptocurrency

businesses to start with 100k in nigeria

Top on our list of wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria, is trading in cryptocurrency.

A major advantage of trading in cryptocurrency is that it gives you an opportunity to earn in dollars very quickly.

However, be warned!

Just as trading in cryptocurrency is a very high yield business, it is also a high risk business.

In other words…

You can easily make money and become a millionaire from trading in cryptocurrency. But, you can also lose a lot of money from the business too.

That is why you need a reliable guide that will take you by the hand and show you step by step how to trade cryptocurrency with peace of mind from the very first day of starting the business.

Ready to start trading in cryptocurrency like a pro and begin earning in dollars from your home in Nigeria?

If so…

Click HERE to start your mind-blowing journey right away.

Businesses To Start With 100k In Nigeria #2: Start Promoting Forex Trading Business To Others

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is promoting the forex trading business to other people.

This is like affiliate marketing and you do not need to invest any money in the business.

Therefore, if you are someone who is scared of gambling with your money or losing it to the volatility and uncertainties of the forex market, then this is just the right business for you.

You do not need to invest a dime in the business – if you do not want to.

About three years ago, Michael Olatunji, a digital marketer, stumbled upon this simple system to earn in dollars and he was shocked.

He has been using this system to bank home between 1,000 to 5,000 dollars consistently every month since that time.

Hundreds of his students have also been using this system to bank home dollars steadily every month on forex trading platforms.

All you need to do is simply to promote the forex trading business to other people using some secret recipes and strategies which Michael Olatunji refers to as “the backdoor system”.

Would love to learn how to pocket 1,000 to 5,000 dollars every month without trading or investing your money in forex, stocks crypto, NFTs or even Bitcoin?

If so…

Get the powerful course by Michael Olatunji now.

To get this powerful course and get started right away…

Click the following link: 👉 A Former Broke Eccentric Nigerian Millionaire Reveals How He Pockets $1000 – $5000 Every Month from The Global Financial Market – Without Trading Or Investing His Money In Forex, Stocks Crypto, NFTs or Bitcoin

Businesses To Start With 100k In Nigeria #3: Become an Affiliate Marketer

how affiliate marketing works

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is becoming an affiliate marketer.

What is affiliate marketing and how does it work?

Affiliate marketing has to do with the promotion of other people’s products and services through any means possible. But, people need to buy the products and services through your affiliate link before you can get paid.

Now, here is how affiliate marketing works in 3 simple steps.

Step One: Join an Affiliate Marketing Company

The first step to becoming an affiliate marketer is to join an affiliate marketing company.

You can either join the local affiliate marketing companies or the international ones. If you would love to get paid in dollars, you should join the international ones.

Some of the international affiliate marketing companies that will pay you in dollars include ClickBank, Commission Junction and Shopify.

Step Two: Begin Promoting

The second step in the affiliate marketing business is promotion. This is the most crucial stage of your affiliate marketing business because how you handle this stage will determine whether you make money or do not make any money from the business.

Step Three: Earn Money

The final and most interesting stage of the affiliate marketing business is the earning stage. Once you have made money for the affiliate marketing companies using your unique affiliate url or link, you will get paid your commissions too.

Would love to become an affiliate marketer and need more info about the affiliate marketing business?

If so…

Click HERE to LEARN HOW to get started right away.

Businesses To Start With 100k In Nigeria #4: Sell Your Graphics Designs Online

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman, or lady in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is selling graphics designs online.

This business is super easy to start and operate.

You do not need a college degree or any special knowledge to get started.

You do not need to order any special equipment to get started.

All the tools you need to be successful with the business are all available on the internet.

The best part is that it is a business that you can start with as little as 100k or even less.

And it will begin paying you in dollars as soon as this week.

To get started, simply sign up for membership of the premium print on demand platforms on the internet.

Once your membership is approved, the next thing to do is upload your graphics designs and sell them on the sites.

Those are the kind of designs that you usually see on t-shirts, phone cases, caps, banners, flyers, business cards, mugs, stickers, and so on.

Many of them are from print on demand platforms on the internet.

But, take note that your designs have to be catchy and attractive to appeal to people who wish to buy them.

Consequently, the more attractive and appealing your designs are, the more money you will make.

One of the basic tools that you can use for your designs is Canva and it is free to use unless you want to pay for the premium version.

The premium version of Canva gives you access to advanced features, templates and beautiful images.

Premium membership will cost you less than 36,000 naira annually.

Armed with the premium version, you can come up with amazing and stunning designs, then upload them to POD sites and start making money without delay.

Most of these sites don’t require any upfront fee, as the revenue generated will be split between you and them after making sales.

You also have access to the design areas of the top print-on-demand websites where you can design and sell your graphics online.

Some of these companies are Teespring, Redbubble, Zazzle, and others. On these sites, you can get paid in dollars, as they mainly get US buyers.

If you are already engaged in the business of graphics designing then this is the perfect business you can get started with 100k in Nigeria.

Businesses To Start With 100k In Nigeria #5: Become a Content Creator on YouTube, Facebook, TikTok and Instagram

Fifth on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is becoming a content creator on YouTube, Facebook, TikTok and Instagram.

As a matter of fact, this is not only one of the easiest businesses you can start with 100k in Nigeria, it is very cost-effective too.

In the first place, you do not need any expensive equipment or need a college degree to get started with the business.

Similarly, you do not need to engage the services of professional media personnel to be successful with the business.

Frankly, all you need to become a super successful content creator on YouTube, Facebook, TikTok and Instagram is a good camera phone, a camera stand and a nice location where you can shoot your videos.

The best part is that it pays in dollars.

So, earning just 1,000 dollars consistently every month is enough to put you on easy street for life.

Before now, people did not spend much time watching videos on YouTube, Facebook, TikTok and Instagram.

The fear generally was that their data subscription would burn out very fast.

But all that has changed. These alternative channels of entertainment has soared in popularity within the last couple of years.

All thanks to the frequent blackouts of electricity from the national grid.

To make matters worse, the price of fuel has recently risen by over 300%.

Coupled with the high data subscription rates from Television Network Providers, this makes it virtually impractical to buy fuel for the purpose of using it to watch TV.

What is more, the price of data subscription has also been reasonable and far cheaper than those of Television Network Providers.

Now, if you go on YouTube, Facebook, TikTok and Instagram, you will discover that Nigerians view lots of videos on these platforms.

So, if you key into this awesome way to make money online, you can be sure to become financially reliant within a very short time.

Some of the content you can create include dance, music, comedy skits, tutorial in various fields, and many more.

The trick though is knowing what will appeal to majority of people very quickly.

Once you have ascertained what people love to watch, creating at least 2 to 3 interesting videos every week is enough for you to get a good followership and subscriber base within a few months’ time.

Video viewing on smartphone is the trend these days in Nigeria and it is fast replacing the traditional TV, CD and video players.

Therefore, content creation with YouTube, Facebook, TikTok and Instagram is one of the most lucrative businesses to start with 100k in Nigeria to make money fast from home.

Some smart Nigerians are already taking advantage of this medium to cash out fast and make money online right from their homes in Nigeria.

You too can do the same if you take action right away.

To get started with Content Creation on YouTube, Facebook, TikTok and Instagram, click HERE to LEARN MORE now.

Businesses To Start With 100k In Nigeria #6: Become a Social Media Influencer

Sixth on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is becoming a social media influencer.

Simply defined, social media influencer means creating valuable content for the purpose of educating and enlighten people to ultimately get them to take a particular course of action.

Social media influencer is similar to content creation discussed on item 5 above, but a little bit different.

This is because it has to do with becoming a leader of thought, something like a celebrity, within the social media community.

One of the most popular social media platforms to effectively become an influencer is TikTok.

The reason is simple.

The number of subscribers and active users of TikTok among the Nigerian populace has grown astronomically within the last 3 years.

Aside from that, it is far easier to generate millions of views without an active following on TikTok than on any other social networking site like Facebook, Twitter and Instagram.

Consequently, the videos uploaded to TikTok has a greater chance of becoming viral and popular very quickly, thereby putting more money into your bank account – and in dollars too!

Little wonder average Nigerians, many of them students, are making a lot of money online through TikTok social media influencing.

Some make a modest amount of below 100k monthly, while other popular ones make over a million naira every month on the platform.

In other words, the higher a person’s popularity, the higher their earning potential.

The beauty of this business is that it does not require any certification, verification, or capital and does not have an age restriction.

Today, thousands of Nigerians make a substantial income from TikTok every month due to their great following or numerous views.

Social media influencer is appropriate for content creators and specialists to market their services.

They can be sure to get instant response from the audience because it is huge indeed.

So, if you are very good in a particular subject, example: politics, love, relationship, marriage and other spheres of human endeavor…

You can start deploying this avenue to launch and explode your skill on social media.

If you would love to learn more about this powerful business opportunity that allows you to get paid in dollars from social media influencer business…

Then get the powerful course on getting massive TikTok Growth and Lead Marketing Program by Abumere Christabel now.

To get this powerful course and get started right away, Click HERE.

Businesses To Start With 100k In Nigeria #7: Open an eCommerce Store on Selar, Jumia or Konga

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is to open an ecommerce store on Selar, Jumia or Konga.

Frankly speaking, opening an eCommerce store on Selar, Jumia or Konga is another one of the easiest businesses to start with 100k in Nigeria.

The business is super easy to start and operate. As a matter of fact, you can start today even in your pyjamas.

You do not need to have a domain name of your own.

All you need to get started is simply to apply for a store on the Selar, Jumia or Konga platform.

Once it is approved, you can then go on to start customizing your store and displaying the items you wish to sell.

Additionally, you do not need any expensive equipment or gadget to get started with this business.

All you need to succeed with your eCommerce or online store on Selar, Jumia or Konga is to display products which are in high demand with a large group of people.

Take note that Selar is mainly for digital content, unlike Jumia or Konga that is for displaying physical products.

The best part is that you can do this business from anywhere across the globe.

Similarly, anyone can order your product too from anywhere across the world.

So, if you key into this awesome way to make money online, you can be sure to become financially free within a very short time.

The only challenge you will encounter is knowing how to configure your Selar or Jumia account to begin accepting payments online.

You can engage an expert in the field to do it for you or you can get the powerful guide by Rukayat Alimi which details the step by step process of selling more on Jumia, Jiji and Konga.

Click HERE to get this powerful course now.

But…

If creating an eCommerce store on Selar appeals more to you, then you can get the course by Adonike Sylvester on digital course creation HERE.

Businesses To Start With 100k In Nigeria #8: Start an Online Training Center

Another wildly profitable business that you can start with 100k as a student, woman or lady, in Lagos, Port Harcourt, Abuja or anywhere else in Nigeria which many people do not know about is creating an online training center.

Everyone knows something of value which they can exchange for money. Don’t you agree?

Well, some of the things which you already know that you can sell include:

  1. Teaching children specific subjects like English language, Mathematics and other subjects online.
  1. Teaching people how to prepare various Nigerian food online. This is what Hilda Bacci is presently using to cash out in millions from her home in Nigeria right now.
  1. Teaching people basic tips and techniques on how to repair their mobile phones.
  1. Teaching people how to build mobile apps.
  1. Teaching people website building and web development skills.
  1. Teaching people some high income skills like copywriting, freelancing and others.
  1. Teaching people about trading in cryptocurrency without suffering a lot of losses.

The list is endless.

You can get your creative buds working and ask yourself what you already know that you can sell in exchange for money.

Believe me. You do not need any great skill to start teaching people what you already know online.

You just need to think about the problems and challenges that people face on a daily basis and create a course to solve those challenges.

Unlike, most online businesses, you do not even need to own a domain name and host it online before you can create your online class.

The simple steps involved in getting started are as follows:

1. First, you begin by joining online course centers like Udemy and Coursera.

2. Next, you brainstorm on your course content and the target audience.

In this step, you will need to think of a challenge that most people deal with on a daily basis in their lives.

3. Next, sit down and create your course outline and content bearing in mind your target audience.

For instance, using Hilda Bacci’s example, she created an online course around cooking.

Her target audience were young people, male and female.

Then she launched the course online.

She then used the cook-a-thon contest as a powerful strategy to get attention all over the world.

Now, she makes a whale of money from her online course.

4. Upload and launch your course (outline and content) on the online training platforms.

5. Promote your course through various outlets online – social media, blogs, websites, forums like Nairaland and others where Nigerians hang out.

After that, sit back, relax and watch as the orders start coming and the figures start landing in your bank account.

One great benefit of using these well-established platforms is that you will benefit from the instant exposure of your courses to wallet-in-hand, ready-to-buy customers who frequent their sites from day one of launching your course.

Additionally, you can also use their platform too to build your online presence for the purpose of marketing your other products and services to buyers on their platforms.

Starting an online training class is ideal for teachers, lecturers and other people who wish to earn an extra income from a side hustle they are passionate about.

So, if you are passionate about teaching your skill to other people, starting an online training class is that sure business for you.

If you would love to learn more about starting an online training center in explicit detail and need more info about it…

Click HERE to GET MORE INFO to walk you through the whole process seamlessly.

Businesses To Start With 100k In Nigeria #9: Start Developing and Selling Mobile Apps

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is developing and selling mobile apps.

With the coming of easy-to-use application creation tools without coding, the creation and selling of mobile applications has become a very lucrative business to embark upon in Nigeria.

That is why it is our 9th best way to make money online in Nigeria on this list of top 15 wildly profitable businesses to start in Nigeria.

However, the challenge with mobile apps creation is that you cannot tell for sure whether your mobile app will get an instant acceptance among mobile app users.

Hence, creating appealing applications is crucial for success in this line of business.

The good news though is that there are ready made templates which makes software and mobile app creations a breeze.

So, you can experiment with as many of them as possible until you get the one that will make a hit with mobile app users.

Bear in mind that some of the ways that you can make money with your mobile app is through in-app purchases, external sponsorships, and advertisements.

Honestly, mobile app development is one of the easiest ways to make money online in Nigeria as a student or kid due to the direct incorporation with software and its absolute digitization.

Businesses To Start With 100k In Nigeria #10: Become a Web Designer and Developer

Becoming a Web designer and Developer is another high income skill that you can learn in 2023, 2024 and beyond.

As a matter of fact, it comes under our top 10 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria right away.

New businesses spring up every day. Similarly, existing businesses seek to continue to rebrand their corporate image and outlook to continue to remain relevant.

This is where you as a web designer and developer come in.

As a web designer, you will be able to provide these individuals and organizations with professional-looking web design services to enhance and maintain their corporate image.

Also, as a web developer, you will be able to help these individuals integrate new features, enhance functionality, and fix errors when they occur on their websites.

You thus help them maintain existing clientele and generate new ones in the process, thereby helping them make more money.

As more and more of these people come back to you for further help with their work, you end up making more money.

All you need to get started as a web designer and developer is to master HTML, CSS, Ruby, or Javascript.

If you would love to start the business of website design and development and need more info about it…

Click HERE to LEARN how to get started right away!

Businesses To Start With 100k In Nigeria #11: Find Virtual Assistant Jobs Online 

Another high paying business on our list of top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is virtual assistant jobs online.

This is by far the easiest of all jobs that you can do on the internet.

All that a virtual assistant does is help clients with their day-to-day tasks, such as email management, basic administrative work, or social media management.

The best part of this business is that it gives you a chance to earn in dollars from home without travelling abroad.

Frankly, you can earn between 500 to 1,000 dollars as a virtual assistant working from your home in Nigeria.

Another great thing about this business is that you can easily combine this business as a side hustle with your present 9 to 5 daytime job or offline business.

And you do not have to be scared of not finding clients to work with because virtual assistants have become high in demand since the first quarter of 2020.

Thanks to the coming of the coronavirus (COVID-19) pandemic and the attendant shutdown of all social and economic activities worldwide during that year.

Virtual assistant jobs is a great way to earn money online in Nigeria while working with clients from all over the world.

If you would love to start the virtual assistant business and need more info about it…

Click HERE to LEARN HOW to get started right away!

Businesses To Start With 100k In Nigeria #12: Become a Freelance Marketer

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is freelance marketing.

Freelance marketing has to do with offering your products and services for sale on freelance marketing websites.

This is a great way to make money online in Nigeria because you are not answerable to anyone other than your online clients.

One of the services that you can render as a freelance marketer is copywriting.

You can easily make $1000 a day from copywriting alone from your home in Nigeria.

Why this system is a great way to make money online is that…

You don’t need to have any knowledge of writing

You don’t need any degree or certification

And you can start making N100,000, N200,000, N500,000, and even more…

Ready to start this sweet business which allows you to earn in dollars from your home in Nigeria?

If so…

Click HERE to LEARN how to get started right away!

Businesses To Start With 100k In Nigeria #13: Become a Social Media Manager

Next on our list of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman or lady, in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is becoming a social media manager.

Honestly, social media has gained in popularity within the last few years. These days, people socialize a lot on social media – be it TikTok, YouTube, Facebook, Instagram, and Twitter.

This has opened a great avenue for smart business owners who wish to grow their businesses through every means possible to ready access to their target audience across the globe.

Now, this is where you come in.

These companies are in need of individuals who can help them manage their digital presence and thereby attract customers.

So, what can you help them with as a social media manager?

One, you can help these companies manage their social media accounts as an admin…

  • creating simple content and posting them on their page,
  • commenting on posts,
  • responding to inbox messages and
  • engaging with the audience.

Two, you can become an influencer and work with these brands and businesses to promote their products and services on your social media platform.

However, you need to have a large following and subscribers base before any big brand can consider you as a good fit for the purpose of engaging you to work with them.

Businesses To Start With 100k In Nigeria #14: Start Transcribing Videos Online

Video transcription is another high income skill that you can learn and a business that you can start with 100k in Nigeria without stress.

Transcriptionists listen to videos and audio files and convert spoken words into written text. This kind of work is necessary in a wide range of industries from medical to legal and many others.

Transcription is a broad field that includes categories such as edited transcription, verbatim transcription, intelligent verbatim transcription, and phonetic transcription, all of which have unique requirements.

The skills you need to become a successful transcriptionist include being a good listener, knowing how to handle transcribing and word processing software, typing speed, which increases your productivity and ultimately, your income potential.

Take note that a good transcriptionist should be able to type between 50 and 70 words per minute (wpm). Besides speed, basic language understanding and grammar proficiency are important in order to deliver the high quality level demanded by clients.

Time management skills are also important in this line of work. Since transcription is mostly an independent role, you’ll have to be able to meet deadlines without supervision. In addition, you should have a good memory and be able to multitask.

Businesses To Start With 100k In Nigeria #15: Start a Digital Marketing / Publishing Business 

Finally on this countdown of the top 15 wildly profitable businesses that you can start with 100k as a student, a woman, or lady in Lagos, Port Harcourt, Abuja, or anywhere else in Nigeria is digital marketing / publishing.

By the way, a digital publication is another name for electronic or online publishing.

Electronic or online publishing has to do with the process through which documents like newspapers, magazines, journals and Books are distributed via various online formats.

Other forms of content that a publisher can share through digital publishing include videos, podcasts, infographics, and digital animations.

Frankly speaking, digital publication is one of the most profitable businesses to start with 100k in Nigeria.

All you need to succeed with digital publishing is to start a keyword-focused content pages on a blog hosted on your own domain name.

There are so many ways that you can make money with digital publishing on your blog or vlog.

One of them is advertising. Another is by writing a book and selling it on your blog.

Similarly, you can also join affiliate marketing companies as well as network marketing companies and promote their products and services on your blog for an affiliate commission or bonus.

Some of these affiliate marketing companies and network marketing companies will pay you in dollars, namely Commission Junction, ClickBank, as well as Dynace Global.

Starting a blog and vlog costs little to nothing. All you need to succeed is to create great content in a niche that is in demand with lots of people.

To show you just how profitable digital publishing is, a young man named Eniola Samuel Oluwadare Made Over ₦8,150,000 ($10,000) in Just 16 Days Living in Nigeria without spending a dime on advertisements!

Eniola Samuel Oluwadare has created a short 8mins video where he explains point by point how he did it.

If you would love to see how Eniola Samuel Oluwadare made made over ₦8,150,000 ($10,000) in just 16 days with affiliate marketing from his home in Nigeria without spending a dime on advertisements, then watch this short 8mins video right away.

Click HERE to WATCH THE SHORT 8MINS VIDEO by Eniola Samuel Oluwadare NOW.

 

Summary

So, there are you have it.

The above are our top 15 businesses that you can start with 100k in Nigeria.

So, which of them can you start right away and begin seeing results and making money today?

To make it easy for you to decide, we have summarized it in terms of the following parameters:

1. Expertise Required to Start

2. Time Requirement Per Day

3. Income Potential Per Week

Trading in Cryptocurrency – high risk, huge returns, easy to start and operate, but requires a guide to succeed, income potential unlimited

Is this a passive income? Yes. Your money can continue to work and make more money endlessly.

Does it require exchanging time for money? No.

Promoting Cryptocurrency to Others – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential unlimited

Is this a passive income? No. Once you stop promoting the business, the income drops.

Does it require exchanging time for money? Yes.

Solution: Having a website will help overcome this problem. You will simply set up the promotion page once and your website will be doing the rest for you.

Becoming an Affiliate Marketer – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential unlimited

Is the income passive? No. Once you stop promoting the business, the income also stops coming in.

Does it require exchanging time for money? Yes.

Solution: Having a website will help overcome this problem. You will simply set up the promotion page once and your website will do the rest for you.

Sell Your Graphics Designs Online  – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential unlimited

Is the income passive? Yes. You only need to do the work once and your designs will always be available to bring in money for you.

However, if for any reason your account is closed or the platform goes down, all your designs goes down with it.

Solution: Cresting multiple accounts on various platforms will help you minimize any loss of income from this business.

Does it require exchanging time for money? No.

Become a Content Creator on YouTube, Facebook and Instagram – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential limited

A major challenge of this business is that the returns is not immediate.

You will need to invest a lot of time to create your video content and edit them or get someone else to edit them for you for a considerable time before you can start seeing results.

Is this a passive income? No. Your video content need to be constantly online before you can continue to make money.

But, if for some reason, your videos stops showing online, the revenue you generate from the adverts placed on those videos also stops.

Solution: Creating frequent backup pages on social media on multiple channels will help you overcome this problem so that you do not lose your content and have to start all over. Having a website too is strongly recommended for you to overcome this problem.

Does it involve exchanging time for money? Yes.

Become a Social Media Influencer – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential limited

A major challenge of this business is that the returns is not immediate.

You will need to invest a lot of time to create your video content and edit them or get someone else to edit them for you for a considerable time before you can start seeing results.

Is this a passive income? No. Your video content need to be constantly online before you can continue to make money.

But, if for some reason, your videos stops showing online, the revenue you generate from the adverts placed on those videos also stops.

Solution: Creating frequent backup pages on social media on multiple channels will help you overcome this problem so that you do not lose your content and have to start all over. Having a website too is strongly recommended for you to overcome this problem.

Does it involve exchanging time for money? Yes.

Open an eCommerce Store on Selar  – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential unlimited

Is this a passive income? Yes.

However, if for some reason, the platform closes your store, your income automatically stops coming in.

Solution: Having a website will help you to overcome this problem.

Does this involve exchanging time for money? No.

Start an Online Training Center – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential unlimited

Is this a passive income? Yes. You only need to create your course content and materials just once and they will become available for all interested students to make use of.

However, if for some reason, the platform closes your store, your income automatically stops coming in.

Solution: Having a website will help you to overcome this problem.

Does this require exchanging time for money? No.

Start Developing and Selling Mobile Apps – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential unlimited

Is this a passive income? Yes.

Does this require exchanging time for money? No.

Become a Web designer and Developer – low risk, medium returns, easy to start and operate, but requires a guide to succeed, income potential limited

Is this a passive income? No.

You must continue to design and develop new websites to make money – thereby exchanging your time for money.

Does this involve exchanging time for money? Yes.

Find Virtual Assistant Jobs Online – low risk, medium returns, easy to start and operate, but requires a guide to succeed superfast, income potential limited

Is this a passive income? No.

You must continue to find and deliver new customers orders for you to continue to make money – thereby exchanging your time for money

Does this require exchanging time for money? Yes.

Become a Freelance Marketer – low risk, medium returns, easy to start and operate, but requires a guide to succeed superfast, income potential limited

Is this a passive income? No.

You must continue to get and deliver new customers orders for you to continue to make money – thereby exchanging time for money.

Does this require exchanging time for money? Yes.

Become a Social Media Manager – low risk, medium returns, easy to start and operate, but requires a guide to succeed superfast, income potential limited

Is this a passive income? No.

You must continue to provide social media services for your clients in order for you to continue to make money – thereby exchanging time for money

Does this require exchanging time for money? Yes.

Start Transcribing Videos Online – low risk, medium returns, easy to start and operate, but requires a guide to succeed superfast, income potential limited

Is this a passive income? No.

You must continue to transcribe videos for you to continue to make money – thereby exchanging time for money.

Does this require exchanging time for money? Yes.

Start a Digital Marketing / Publishing Business – low risk, high returns, easy to start and operate, great learning curve which requires considerable expertise to master, can be achieved with an expert and reliable mentor and guide to succeed superfast, income potential unlimited

Is this a passive income? Yes.

A major challenge of this business is that it takes time and patience for you to begin to see returns.

But, after the business has become fully established, it will keep making you more income for life.

Does this require exchanging time for money? No.

Laying the foundation for the success of the digital marketing / publishing business is usually the hardest.

This can take between 1 to 5 years – depending on the niche, the popularity and the available competition in the space.

But, after that is done, the rest is a jolly and pleasurable ride to financial freedom.

Conclusion

In conclusion, based on the capital requirement, ease of operating the business and the expertise required to get started…

The top 3 businesses that is strongly recommended which you must start right away TODAY if you want to see a change in your finances as quickly as possible are as follows:

  1. Start Investing in Forex / Cryptocurrency and Promoting the Business
  2. Start Promoting Forex / Cryptocurrency
  3. Become a Social Media Manager

But, do not go into those businesses without proper guidance.

Otherwise, you will regret it.

Two great courses that I can gladly recommend for you to get started with the businesses are the High Paid Freelancer Premium Program by Enyinnaya Walter Chukwuebuka.

To get the powerful course on promoting the cryptocurrency business, click the following link: 👉 A Former Broke Eccentric Nigerian Millionaire Reveals How He Pockets $1000 – $5000 Every Month from The Global Financial Market – Without Trading Or Investing His Money In Forex, Stocks Crypto, NFTs or Bitcoin

To get the powerful course on becoming a high paid freelancer, click the following link: 👉 Learn How To Become A High Paid Freelancer, Acquire A High-income Skill And Sell It To Foreign Businesses And International Clients Who Will Pay You Between $500 – $5000

 

About Motunrayo Omonoteje

Motunrayo Omonoteje is a writer and publisher. He has written at least 2 major books that have been published on the international marketplace at Amazon. More are on the way. This is just one of the several ways which he makes money from his home in Nigeria. With fuel at over 600 naira per liter... and the exchange rate at over 800 naira to the dollar... Having a side hustle that pays you in dollars 💰💰💰 is no longer an exception. But, a reality. So, would you love to discover how you too can generate a steady stream of juicy income... from your side hustle on a monthly basis? If so, you can check out his latest post on "15 Top Ways To Get Paid In Dollars In Nigeria". Also, make sure you to his monthly newsletter so as not to miss his regular updates on the latest money making opportunities in Nigeria. Check the link below to subscribe now.

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