Generating Business Ideas in this Climes
We are going to discuss lucrative business ideas that are life changing coupled with the economic times that the current government and Nigeria is finding it hard to deal with.
Side businesses that were once novel ideas, has since become much more mainstream. According to the Bureau of Labor Statistics, (This is US) freelancers now make up around 15% of the workforce, compared to only 7% in 1995. And the trend isn’t expected to stop here.
The BLS reports that freelancers and self-employed individuals may comprise 20% of the workforce by 2020 and that is the catch Nigerians.
Generating Business Ideas
Coming up with a good idea isn’t a static process; it involves a lot of trial and error. The best way I’ve found to generate ideas is to write and write often. Make lists every day of things that you might enjoy, and try to figure out how you could make money doing them. To help, here are three business ideas you can begin building as you continue plugging away at your 9-to-5.
Each of these ideas is very simple to start, and most can be done as a sole proprietorship at first (meaning you don’t have to file any legal documents to get started, though you will want to do that if it starts to take off). Most of these can be done at home in your spare time, and in your spare space, too.
See if there are any ideas below that fit you well. If you find an idea you like, do a bit of research or seek out a guide on how to get started in that area.
Blogging
If you enjoy writing, find a topic you’re passionate about and start a website dedicated to covering that topic and anything else interesting you want to talk about. All you need is a computer, some time, and some energy to consistently write. It can start as a hobby and turn into a business over time. And blog hosting can cost less than $12 per month. We have all heard the Linda Ikeji testimony. *winks*
Buying and reselling on Online Sites
Thanks to technology, there are more opportunities than ever to buy and resell products for extra money. Plenty of people buy local and in-demand products at a discount and resell them on online sites for a profit. There are substantial number of Online Marketplaces in Nigeria at the moment.
Check.
Freelance writing
If you’re good with words, you might be able to find some work as an online freelancer. A variety of publications need online content in the form of stories, product or service descriptions, and reports, and if you have the talent and skill, you could easily be the one to create them. Fortunately, all you need is a computer and Internet connection to get started. upwork is a great place to start. Yours sincerely have made some fortune out of that...*sighs
More coming.. check this space
Side businesses that were once novel ideas, has since become much more mainstream. According to the Bureau of Labor Statistics, (This is US) freelancers now make up around 15% of the workforce, compared to only 7% in 1995. And the trend isn’t expected to stop here.
The BLS reports that freelancers and self-employed individuals may comprise 20% of the workforce by 2020 and that is the catch Nigerians.
Generating Business Ideas
Coming up with a good idea isn’t a static process; it involves a lot of trial and error. The best way I’ve found to generate ideas is to write and write often. Make lists every day of things that you might enjoy, and try to figure out how you could make money doing them. To help, here are three business ideas you can begin building as you continue plugging away at your 9-to-5.
Each of these ideas is very simple to start, and most can be done as a sole proprietorship at first (meaning you don’t have to file any legal documents to get started, though you will want to do that if it starts to take off). Most of these can be done at home in your spare time, and in your spare space, too.
See if there are any ideas below that fit you well. If you find an idea you like, do a bit of research or seek out a guide on how to get started in that area.
Blogging
If you enjoy writing, find a topic you’re passionate about and start a website dedicated to covering that topic and anything else interesting you want to talk about. All you need is a computer, some time, and some energy to consistently write. It can start as a hobby and turn into a business over time. And blog hosting can cost less than $12 per month. We have all heard the Linda Ikeji testimony. *winks*
Buying and reselling on Online Sites
Thanks to technology, there are more opportunities than ever to buy and resell products for extra money. Plenty of people buy local and in-demand products at a discount and resell them on online sites for a profit. There are substantial number of Online Marketplaces in Nigeria at the moment.
Check.
Freelance writing
If you’re good with words, you might be able to find some work as an online freelancer. A variety of publications need online content in the form of stories, product or service descriptions, and reports, and if you have the talent and skill, you could easily be the one to create them. Fortunately, all you need is a computer and Internet connection to get started. upwork is a great place to start. Yours sincerely have made some fortune out of that...*sighs
More coming.. check this space
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