Have you ever thought of starting a business of your own but due to school activities, time and the huge amount of money needed to run the business you have giving up hope on starting your own business then I think this is the best time to jump into the business opportunities that the internet has provided for us.
One of the things I found out in year 2018 (even though it’s not yet over) is that there are lots of young people that have smart phones and laptops and are connected to the internet 24 hours 7 days a week but what they end up doing with those phones and laptops is to browse through the different social media platforms which does not add any money to their bank account but enriches the owners of such platforms (I am not saying it’s a bad thing to do, I do it also) but what if I can show you the different ways you can use to make money online without spending much and if you are passionate enough you can turn it into a full time income and be rich.
It doesn’t matter if you have a full time job, still searching for a job, a student the internet has provided us with an avenue to generate extra income to live a better life and not worry about the Nigeria economy.
One of the biggest advantage I have come to realise about starting an online business and eventually going full time with it is that it will give you time to focus on other aspect of your life and still make you money even while you are a sleep.
Here are 7 different ways you can make money online in Nigeria
Blogging
I know you have heard about this one over and over again but I still need to emphasis on it. If you are a very good writer be rest assured that you can make a ton of money blogging. The trick that works when it comes to blogging is for you to pick a topic that interest you or gets a topic that interest lots of people. Example you might be interested in either fashion, sports, politics, entertainment, education etc. you can start a blog within that space or you can search out what other people are interested in (I use Google Trends to search for topics) and start a blog within that niche. For you to succeed when it comes to blogging, quality contents must be posted on your blog on a regular basis so your readers can keep coming back and bring their friends with them. You have to make sure you drive lots and lots of traffic back to your website so you can make money. If you are not good at creating a website using blogger, wordpress or other platforms you can hire a web designer to do it for you.
Vlogging
This to me is the other side of blogging, let’s say you too lazy to start writing contents and posting on a website but prefer to say it out so people can hear and watch you then you should consider starting a vlog. For every vlogger, YouTube has always been the number one platform to use to get heard by others and still make lots of money. Just like blogging, you can choose any topic (niche) you are good at create videos around that niche and start sharing them to your YouTube Channel. The more subscribers you have and the more views you get would determine the amount of money you make on YouTube. This is a great online business idea anyone should consider doing.
Social Media Manager
This online business is for those that like to spend their time on social media. There are lots of individuals, organizations out there both in Nigeria and internationally that have lots of social media following that they have to keep engaging with and giving out useful information’s about their brands and businesses but don’t have the time to shuffle their day to day activities and stay up to date on social media and they need someone that can serve as a social media manager to take care of the job. You can start an online business around this area and make lots of money from it.
Write An EBook
Instead of me picking a hard copy book to read I now prefer getting the soft copy and my phone and read it. Writing an EBook that people can easily purchase and download it to their phones or tablet is also a good online business you can start. Writing an EBook entails a lot as you have got to do a lot of research to get useful information’s you can use in your book. EBook is not limited to any niche; you can write an EBook on fashion, fitness, health, wellness, etc. and start selling. Amazon is the number place you can start selling your EBook and make money.
Affiliate Marketing
Affiliate marketing is also one of the best online business you can start. This involves you promoting other peoples products and when someone buys that product you get a commission. Ecommerce websites such as Amazon, Jumai, Konga are the best places to start your affiliate marketing business. Once you apply for their affiliate program and after been approved, you are given a dashboard where you can get custom links to any product you wish to promote so when someone buys that product using your link you get a commission. You can also become an affiliate for web hosting companies, other online businesses. For you to succeed as an affiliate marketer, you have to give people useful information on any product they wish to buy. This will help them make a decision and end up buying through you link. The more products you sell the more money you make.
Freelancing
The freelancing business is growing rapidly online as lots and lots of people are searching for them on a daily basis to perform one or more task and they get paid handsomely. I have one of my online mentors that make over $1,500 a month just doing freelancing jobs on Fiverr. There are several things called “gigs” you can do to start making money ranging from writing, editing and proofreading, web designing, graphic designing, data entry, virtual assistant etc. whatsoever skills you have can be turned into a freelance work. There are different platforms out there that you can use to get jobs as a freelancer which includes Fiverr.com, freelancer.com, upwork.com, peopleperhour.com etc.
Dropshipping
Owning an E-commerce website will require a lot of resources and man power to kick start and most people might find it stressful to maintain but with the coming of drop shipping everything has been simplified.
With drop shipping you don’t have to own any product, all you have to do is contact a supplier and get images of the products that will be placed on your website.
With an ecommerce website when a customer buys a product you will have to worry about packaging and delivering of the product to the customer but as a drop shipper when a customer makes a purchase your job is to send the request to the supplier and they do both the packaging and delivery to the customer.
CONCLUSION
In Nigeria today you cannot really rely on a particular source of income if you want to live well so starting a side business most especially an online business would be the best choice you can make before the end of the year.
Do let me know what you think about this article in the comment section.
For more on how to start any of this online business visit http://naijahowtozone.com.ng