As a beginner in the field of business, that doesn’t have much cash/capital at hand yet, there may be need to consider going for startup businesses that would always bring cash to your table on daily basis.
This is because, since you don’t have much cash at hand as a beginner, and your business is still new; you may really need to have that daily income flow to keep you abreast in your business and other personal needs of yours.
This is why we have decided to make a comprehensive article on the list of sure, reliable, and trusted daily income business in Nigeria that would always keep money flowing into your pocket.
What Is Daily Income Business?
Daily income business are those businesses that bring sure profits to the owner on every day that they run the business. This means that there is a high possibility that the owner will always realize a certain amount of profit in any day they go out for the business.
As a beginner looking for a lucrative business in Nigeria, I would tell you that most of these daily income business would really be a nice option.
A daily income business makes it possible for the owner to know the nature of income flow in their business within a little period of time, and be able to define their fate especially in a new business.
- You may also like: How To Start and Run a Successful Business In Nigeria
Advantages of Daily Income Business In Nigeria
- It helps a beginner to know if the business is worth doing
A daily income business in Nigeria will always help a starter to easily descern within a short period of time, whether the business would be a successful one or not, so that he will not have to waste all his time and efforts should it not be favourable to them.
- It motivates the owner
As a beginner who just started a small business, the major thing that will be ringing in their mind is “profit”. They will desperately be expecting to see start seeing profit within a little period of time, because that’s really the major reason for the business.
So, with a daily income business in Nigeria, a beginner would really be motivated to push forward towards the business.
- It helps a beginner to know how to adjust in his business
Since the business brings daily income, the owner would actually be able to track when his business has started going backward.
For instance, let’s assume they used to make N3,000 as profit on daily basis; if the daily profit drops below N3,000, they will actually be able to know and study the causes inorder to fix them right.
This is one important reason a daily income business in Nigeria is worth doing, as a small star-tup.
Must I Go For Daily Income Business In Nigeria?
Seeing the advantages of daily income businesses in Nigeria, one may actually be tempted to think that they are only the type of businesses that are ideal.
But I can actually tell you that you must not go for daily income business in Nigeria; you can venture into any business as long as it’s genuine and its profit assured. It doesn’t really matter how long it takes to bring the profit.
So if you really have enough cash or capital with you, and may not be seriously in need of little cash for your needs within the little period of setting up your business, I think there may not be need bothering whether it’s a daily income business or not.
So, going for a daily income business in Nigeria is not the only gate way to succeed in business.
Who Should Go For Daily Income Business in Nigeria?
Most daily income business in Nigeria are small or startup businesses; though there may actually be some large scale businesses that also bring daily income in Nigeria.
Thinking about who should go for daily income business in Nigeria, I would really say that anybody can actually go for the business; but it is mostly advantageous to a beginner who doesn’t have enough cash or capital with them yet.
If you know you don’t have enough money to take care of your needs for a little period of time without touching the money from your business, then it would be wise to go for daily income businesses in Nigeria, so you may easily make use of the daily profit to sort out your needs whenever there is need.
To explain this better, let’s assume that you invested the little and the whole money you had in a business that would bring profit in two months interval of time.
Then what if you happen to have urgent needs that require little cash to be sorted, before the two months that you are hoping for profit?
I think you would really be frustrated even while you have a business.
But one that has a daily income business in Nigeria can easily dip their hands on the little cash they have already gathered from his business, to sort out his needs.
So this analysis means that daily income business in Nigeria may be a great option for one that is yet to be financially strong or stable
Top 50 Daily Income Business In Nigeria That Will Change Your Financial Status
If you have been searching for start-up business that would take you from Zero to Hero, search no more, as this section would provide you all you need. In this section, we are going to divide the businesses into two groups. That is,
- 25 offline business, and
- 25 online business.
Making a total of 50 Daily income business in Nigeria, as promised. They are not just daily income business, but are also lucrative business in Nigeria that may not require much capital to set up.
Offline Daily Income Business In Nigeria
Offline daily income business are those businesses that don’t necessarily require the use of the internet to run. They are those businesses that can be completely run in offline environment, though can still be supported by online means if need be.
In other words, offline business is the opposite of online/internet business. I can regard them as offline daily income store. By offline daily income store, I meant a business that has a physical presence like a shop, and would always bring daily income to the owner.
So, the offline daily income business in Nigeria are:
- Restaurant Business
- Transport Service
- Car Wash
- Game Viewing Center
- Foodstuff Business
- Sports Betting
- Phone Charging
- phone Repairs
- Music Download
- Provision Store
- Cyber Cafe
- POS Business
- Okirika Business
- Rental Service
- Bear Parlour
- Pure Water Business
- Popcorn Business
- Liquid Soap Production
- Charcoal Business
- Spare Parts Business
- Recharge Card Business
1. Restaurant Business
Restaurant business is no doubt a sure daily income business in Nigeria that is capable of changing your financial status within a short period of time.
The business involves cooking all sorts of desired meals for people that eat outside their homes. You may decide to focus on fast foods like preparing Indomie Noddles and the rest, or even combine many other menus like rice, beans, fufu, and many more.
Though it is always better and mature if you are able to get a shop for this business, but the interesting thing is that you can still do this business perfectly even if you don’t have a shop.
It is no doubt that this business can change your financial status if you are able to get a nice location for it. In this regard, it would be nice to let you know that restaurant mostly do well in the cities or any type of busy places, where commercial activities are going on.
Though food business is really very stressful, but must surely pay you off if situated in a favourable environment.
2. Transport Service
Transport service is no doubt a lucrative business that one can ever think of. The beauty of the business is that the owner is always sure that the business would always bring daily income on his table. It is has been known to be one of the best daily income business in Nigeria, and seems to be the easiest to startup.
Once you are able to get your medium of transportation, either a taxi, buss, tricycle (Ke-ke na Pepe) or even a motorcycle, then you are good to go.
One thing about this transport business is that many people neglect it a lot, many people think it’s a business for the less privileged or the uneducated ones, but the truth is that the business has changed many People’s lives even some graduates. Hence had always remain a sure and recognized daily income business in Nigeria.
You should always know that some startup businesses are always a way of raising more capital for better businesses; so someone doing transport business may not really be planning to remain permanently in the business, as they can switch to their dream business at any time they are able to make up to the amount of capital they need.
To give you a surprise, I have interviewed many tricycle riders, and discovered that they make not less than N3,000 every day. So don’t you think it’s really a sure daily income business in Nigeria? Don’t you think such income would really be of help to raising capital for a better business?
I know of a graduate that was doing Okada work because he had no job, and no capital for any business. It was through the Okada that he raised capital for his electronics business which he is running successfully till today.
So, though transport business especially Okada or Keke business, is always neglected by many; it still remains one of the surest daily income business in Nigeria.
3. Car Wash Business
This is another daily income business in Nigeria that seems not to require a lot of capital to startup. Once you are able to secure your position, and get source of water supply; I guess your daily income would keep flowing.
One interesting thing about this business is that once set up, you may be making your income daily without having to spend on anything, especially if you are making use of free/natural water that you don’t have to buy.
The only thing you may need to buy is just your detergent which you may even use to wash many cars before exhausting a particular volume of it.
Location also matters a lot in car was business. It may really be a very lucrative daily income business in Nigeria if situated in the city, where there are a lot of cars or car owners.
4. Barbing/salon Business
Salon business is another lucrative business that would always bring daily income to you. You may really be surprised on how your daily income would keep flowing especially if you are very skilled in barbing.
One interesting thing about this business is that it requires skills, no one can easily jump into the business without having to learn how to barb, though you can still employ a barber if you don’t have the skills.
This is one of the businesses that people always neglect without knowing that it’s a lucrative business that can change one’s financial status.
Many serious minded barbers are making cool money from the business today. It may not really be a business of the less privileged as many people may think; many big guys are really doing well in the business, it just depends on your ability to add swag or value to your own barbing business.
5. Football Viewing Center
Any business targeted at the youths is always a lucrative business; though anyone can be a lover of sports, but the number of youths that are die-hard fans of sports are really overwhelming.
You may be surprised that one may decide to spend the last money in his hand, just to satisfy his passion for sports.
More interestingly, there are now a lot of football clubs out there, of which there must be at least one football match everyday; and hope you know that there are fans that can never skip watching a football match in a day?
6. Foodstuff Business
When looking for a daily income store to startup, then it would be nice to know that food stuff business would be great option. It is a very lucrative business that may not really require huge amount of money to set up.
Foodstuffs refer to substances that can be consumed as food, or that can be used to prepare foods. These may include raw materials of foods before or after processing.
These could range from raw foods like rice, beans, corn, groundnuts, cooking oils, cooking ingredients, and so on.
I would say that foodstuff business is one of the most reliable daily income business in Nigeria that one can ever think of, because no one can do without food.
Everybody eat at least two-square meal everyday; no matter how dry your pocket may be, you must still have to buy foodstuffs to fill your stomach.
This really suggest that foodstuff business would really be a very lucrative business that would always keep bringing daily income on your table.
7. Football Betting
Looking for a lucrative daily income business in Nigeria, then having a sports betting shop would really be a nice option. You may be surprised at the amount of daily income that this business would be bringing to your table everyday, especially if it’s situated close to a Campus or environment where there are a lot of youths or football fans.
How To Start Football Betting Business In Nigeria
Almost on daily basis, different football betting companies has kept coming up. But the most popular betting companies these days seem to be: Bet9ja, Bet King, Naira Bet, 1×Bet, Bet Way, and so on.
So if you want to start football betting business, you would need to sign up as an agent with any of those betting companies listed above.
Example: if you want to go into betting business through Bet9ja, then you will have to sign up as an agent on Bet9ja Website
Other things you may need for this betting business include: shop, sets of computers that have dual monitors, Big Generator, and some other things.
8. Phone Charging
Phone charging is another lucrative business that many people are yet to know about.
We can never deny the nature of power supply in Nigeria; we actually know that there is very poor supply of power/electricity in some regions of the Country, some places may not even be connected with electricity.
Meanwhile, no matter how timid a region may be, whether they have electricity or not; people there already know the value of handset and would always like to keep there handsets powered.
This really suggests that phone charging may be a very lucrative daily income business in Nigeria especially if situated in a suitable environment; especially some campus that don’t have steady power supply, because students would always love to charge their gadgets.
All you need to set up this business is just a small shop and a generator, then your daily income will start flowing.
9. phone Repairs
This is another lucrative business that anyone can venture and make his money. It is known to be a daily income business in Nigeria because of the population that is using phones in the country.
One thing with this business is that it requires some skills; for you to go into phone repairs you, really need to bring out your time to learn how to repair all kinds of phones.
Though phone repairs is a very technical work, but it doesn’t use to take a long time to learn the skills. The skills can easily be learnt by anybody, usually within the space of 4 to 6 months, depending on individual ability to learn.
I could remember one of my brothers that was doing phone repairs, there was no day he would go out without coming back home with at least 3k.
And one interesting thing about the business is that you may not be spending on anything, to make your daily income.
It’s only the one-time money you spend to learn the skills; which could range from 50k or higher, depending on the person.
10. Music/Video/Game/App Download
This is another lucrative business that can never be undermined when talking of daily income business in Nigeria.
The business involves downloading music, videos, games, application, and so on, on people’s phones.
I could remember the last time I went to download some music in my phone, whereby the person collected N50 per music; you could imagine how much he made from me by downloading 200 music for me. That was 10k at a spot!(N50 × 200 = N10,000).
One interesting thing about this business is that it doesn’t require much capital to set up, yet it’s a very lucrative business.
All you need is just your computer/laptop, Generator and a space which must not be a shop, it could be under an umbrella.
Once you have these downloadable files in your computer, you will keep downloading for people and making daily income without spending any extra money.
11. Provision Store
Provision business is another daily income store that would never allow your pocket to go dry. For long, it has been known to be a sure daily income business in Nigeria, as the business provides most of the daily needs of humans.
This involves selling a combination of household goods like: detergents, biscuits, tea, milk, bread, and many uncountable ones.
12. Cyber Cafe
This is a computer-oriented business where you would be running things like: photocopy, typing, printing, binding, online registrations, and so on. This kind of business ha been known to thrive in a populated street especially in a Campus Environment.
13. POS Business
Once you get a very good centre, I would say that POS business is really capable of bringing up to 200k Profit on your table in a month.
- READ ALSO: How To Apply And Get Opay POS Machine For Your Business
- List Of Cheapest POS Machines In Nigeria
14. Okirika Business
This is a very lucrative business if managed very well. The business involves buying and selling of London-used clothes. It’s really a very lucrative business because you can buy the clothes at very cheap prices and sell at any price you want.
Laundry/Dry-cleaning service is a very nice business that doesn’t require much capital to set up. It involves washing and ironing people’s clothes, and getting paid for your service. the major thing you need to start this business is just a shop and a generator, and your daily income would keep flowing.
Photography is another lucrative business that would keep bringing cash in your pocket continuously without having to spend on your works.
17. Rental Service
If you have little capital with you, you may decide to buy some event materials like: chairs, canopies, tables, bridals stuff, and so on.
If you are good in making fantastic female hair styles, then this would really be a very nice business you can venture into.
19. Bear Parlour
Bear Parlour business seems to be taking over the society today. No day passes in Nigeria without people drinking alcohols or eating pepper soup. It has really become a very lucrative business today because it is a business where people are always ready to spend.
It involves having a cool joint where you sell things like bear, pepper soup, and so on.
20. Pure Water Business
This another lucrative business that needs not to be neglected. one interesting thing about this business is that people drink water everyday.
It involves selling/supplying of sachet water or bottle water.
21. Popcorn Business
Though some people neglect Popcorn business, but the truth is that people are making a living out of it.
22. Liquid Soap Production
Many households today prefer using liquid soap for washing, because of one reason or the other.
You can start making your daily income buy producing and supplying liquid soap to households that may need them.
23. Charcoal Business
Do you know that many households prefer using Charcoal as their local means of cooking? You may be surprised at how much you would be making if you start selling or supplying charcoals in your area.
24. Spare Parts Business
This business is capable of changing your financial status. If you have ever being to mechanic sites to repair your car or motorcycle, then you would really understand what I’m saying. The number of people that use vehicle today may really be out of count.
25. Recharge Card Business
Both the rich and the poor cannot really do without recharging their phones, this suggest that the business remains one of the most fastest-moving businesses you can ever think of. You can boost this business if you can strive to start printing the recharge cards yourself.
Online Daily Income Business In Nigeria
In this section, we are going to be discussing about the online business in Nigeria that you can easily start and earn money daily.
- Write On Opera
- Write On Scooper
- Write On People’s Blogs
- Manage Your Blog
- Make YouTube Videos
- Become A Social Media Influencer
- Affiliate Marketing
- E-commerce Business
- App Development
- Online Teaching
- Online Coaching
- Crypto currency Business
- Social Media Management
- Sell Social Media Accounts
- Online Ads Agent
- Sell Your Photos Online
- Buying and Selling Of Domains
- Website Design
- Selling Of Digital Goods
- SEO Service
- Graphics Design
- Publish on Amazon KDP
1. Write On Opera News Hub
Opera News Hub was launched in 2019, and since then, it has really changed the financial status of many people.
If you are good in writing such articles like politics, society news, lifestyle, health, sports, entertainment, and so on; then there would be no need looking for online business again, as Opera News Hub gets you covered.
Initially, the platform pays N360 per 10,000 clicks; but in their recent update, they now have many criteria to determine the payment of writers.
The criteria may include: quality of article, reading time, account quality, and so on.
The truth is that there may not be limit of what you can earn monthly on Opera News Hub; all is required is just your hard work and dedication.
It may even be surprising to hear that some writers earn up to N500,000 on the platform.
You can watch the video below to see how you can easily create account on opera news but, and start making your daily income while writing on the platform.
2. Write On Scooper
Scooper is another online business which guarantees your daily income while working from your comfort.
It is very similar platform like Opera News Hub, and can give you what most online business in Nigeria cannot give you.
The same type of articles you write on Opera News are still what you may be writing on Scooper.
But the difference between the two platforms is that Opera pays writers based on some criteria including clicks, reading time, account quality, and so on; but scooper pays $0.8 as a fixed amount for any published article.
To join scooper, you may need to fill out their registration form online, and also submit any of your written articles as a sample; this sample would usually determine whether you are qualified to be selected of not.
On daily basis, thousands of new writers apply to start writing on scooper news, but only few always get approved.
I have got many complaints from people that scooper has Kept rejecting their applications; but I discovered that there are some secrets that they have to understand so that Scooper can approve their application.
There are few critical things that scooper use to look out for, before approving any application.
This is why I made out my time to write a comprehensive article on how to register and get approved successfully on scooper news.
You can check the article Here:👉 Scooper News Registration – How To Register And Earn $200 Monthly On Scooper
The video below provides an easy guide on how you can register on scooper and start making your daily income in Nigeria.
3. Write On People’s Blogs
Seeing that blogging is a very lucrative business today, many bloggers that have made a lot of money from the online business don’t usually have enough time to write on their blogs again.
In this, they usually depend on other writers, and are always ready to hire interested writers on their blog, since blogs would always need to be frequently updated with posts.
So, you can reach out to those blogs that are looking for writers, and start making your daily income, while you write for them.
4. Manage Your Own Blog
Though blogging is always a very difficult job to venture in, but it remains one of the most lucrative daily income business in Nigeria.
Just search within yourself to know your passion, to Know your ability, what you can write well.
Create your blog and start writing on that your niche; you may be surprised on the kind of daily income you would start generating from your blog within a few period of time, as long as you put the best of your efforts.
Many people have been reaching out to us for a guide on how to start a successful blog, in this, we have prepared a complete guide on how you can easily setup your blog and start making cool money, even without the help of anybody. You can check the guide HERE.
5. YouTube Videos
While you are still waiting, many people are already making bunch of passive daily income from Youtube videos.
These videos could be any form of videos that can get the interest of people to watch them; it could be tutorial videos, coaching videos, talent show videos, comedy skits and so on.
Just think about any type of video you can use to gain audience to watch your clips.
If all these Nigerian comedians and artists like Mark Angel, Davido should tell you how much they make from their YouTube channels, then you will open your mouth and forget to close it.
My research shows that a YouTube channel receives at least $18 per 1,000 ad views; meanwhile you only need just 1,000 subscribers in your YouTube channel to start earning from it. This proves highly that YouTube videos is a very lucrative daily income business in Nigeria, that you can think of.
The video below provides a very easy guide on how you can create your YouTube channel and start making daily income from your videos:
6. Become A Social Media Influencer
If you are very good in building audience on social media, then you can actually turn this into a very lucrative daily income business in Nigeria.
Your activeness and quality of posts you make on social media are the major ways to building strong audience that you can convert to money making machines in future.
This could be through Instagram, Facebook, Twitter and so on.
Once you have quality fellowers on social media, you may be surprised that many brands would start reaching out to you for adverts on your page. You can start making daily income from these brands by advertising their products or service on your page.
You can even decide to market your own products on your page, since you already have quality audience that would always turn out for you.
7. Affiliate Marketing
One of the most popular and lucrative online business in Nigeria today is affiliate marketing.
Affiliate Marketing is a business idea whereby you help a company that sells products or services, to make sales, while you earn commission for every sale you make for them. It is really a very lucrative daily income business in Nigeria that doesn’t require any capital to get started.
All you have to do is just to connect with an affiliate marketing company and start helping them to sell their stuff, while you make daily income as your commission.
Some affiliate marketing companies you can try out are: Amazon, Konga, Jumia, VConnect, Payporte, and so on. With these, you can start making your daily income even while you sleep.
8. E-commerce Business
E-commerce is another lucrative daily income business in Nigeria which can quickly change your financial status.
It is an online business that involves buying and selling of products online. These products could range from clothes, shoes, and many other usable products.
It may be products that you produce yourself or products that you will have to buy from the companies.
In each case, making cool money from e-commerce involves selling products online, cheaper than their normal prices.
This means that you would always have to source for where to buy products very cheap so that you can sell them at cheaper rate on your e-commerce website.
To start this online business, all you need is just to create your e-commerce website, drive much traffic To it and start selling your products.
9. App Development
Do you have technical knowledge of programing or coding? you’ve got enough skill to change your financial status.
It is an online business that involves developing mobile or desktop applications; in each case, your daily income is sure.
With your programming skills, you can start making your daily income by building/developing Android or desktop applications for people.
You may even decide to develop your own application and put it on the Play Store. This can start generating passive daily income once people start downloading your app from the play store. You can be making money from your app by showing ads on your app or any other monetization means.
Even if you don’t have knowledge of programming, you can still build/develop your apps, as there are now some websites that can actually help you to do that for free.
Dropshipping is another online business that is making waves today. It is a kind of retail business where a seller connects and sells products to the customers through online, without having the products in his custody.
This means that you can setup your daily income store virtually online and start selling products even when you don’t have any product in your custody.
For Example, if you want to start selling shoes but you don’t have the products nor the space to keep them. All you have to do is just to meet the producer and negotiate with him. You will then set up your online store where you will put the shoes on sale.
Whenever a customer orders those shoes through your online store, you will now get the products from the producer and ship them to the customer.
one interesting thing about Dropshipping business is that it doesn’t require much capital to set up.
11. Online Teaching
Online teaching is another lucrative online business in Nigeria that may not require any Kobo to set up.
There are some platforms like UpWork , where you can teach students some educational courses which you are good at. Also, you may decide to use your personal online platform like social media and run it, if you already have students.
These could be courses like: Physics, Mathematics, Chemistry, Economic, and many more.
12. Online Coaching
If there are some professional skills you have, then there may not really be need again looking for online business, as you can actually turn this wealth of knowledge to a lucrative business.
Example: If you are a good public speaker, you may set up online platform where you would be coaching people on public speaking skills, and be making your daily income.
13. Crypto currency Business
Having the idea of crypto currency is an added advantage if you are really searching for a lucrative daily income business in Nigeria.
It is one of the most popular and lucrative online business today.
Crypto currency could include: Bitcoin, Blockchain, Etherium, Xrp, and so on.
You can be making unbelievable amount of daily income through trading of Cryptocurrencies or through buying, storing, and selling them when the prices increase.
14. Social Media Management
If you are good at handling social media, then you can leverage this opportunity and make money for yourself.
There are many companies out there that don’t have time to manage their social media accounts, you can collect deals from some of these companies and start making your daily income while managing their social media accounts.
15. Sell Social Media Pages
If you are good at building social media accounts, growing quality followers/audience; then you can start making cool money, building and selling social media accounts to business persons and brands.
All you have to do is to start creating social media pages on any niche, grow quality audience and see how people would be eager to buy from you.
You may decide to be creating social media pages on different types of niches, like: fashion, education, lifestyle, and so on.
It is actually one of the best online business in Nigeria today that is really bringing cool daily income to People’s table.
16. Online Ads Agent
If you are good at marketing, then this is another online business that you can consider.
You may decide to reach a deal with some business owners and start advertising their business online for them; and make your daily income.
17. Sell Your Photos Online
If you are very photogenic, then you can start making a lot money selling your pictures online.
You can sell your photos on many websites, like: Alarmy, 500px, SmugMug pro, Shutter stock, istock, and so on.
You may even decide to create your own website and start selling your photos.
18. Buying and Selling Of Domains
This is another lucrative business but many people don’t know about it.
If you are creative enough, you can start creating and registering fantastic domain names, and putting them on sale at higher price.
You may be surprised on how people would keep contacting you on daily basis, to buy your domains.
19. Website Design
Website design has remained one of the most lucrative online business that can guarantee you daily income even while you sleep.
Once you have acquired the technical skills, you would not really need to spend money again, while you continue making your daily income designing websites for individuals, Companies, and Organizations.
20. Selling Of Digital Goods
If you are really looking for a daily income business, then I would suggest you start making some digital products.
Digital products include things like: eBooks, templates, wallpapers, music, videos, and so on.
You may decide to start creating any of these products and make your cool money while you sell them online.
21. SEO Service
SEO service has remained of the booming online businesses today.
This is because there are countless number of competitive blogs and business websites today on the internet, of which many of them take Search Engine Optimization (SEO) serious to stand out.
This is a kind of professional writing that is used to promote products or services. It is always persuasive in nature so as convince customers to patronize a product or service.
Proofreading is another lucrative business which doesn’t require any capital. It is an act of reviewing a written work, to correct spellings and grammatical errors.
There are countless number of websites where you can earn daily income, doing your proofreading work; such websites like: Fiverr, UpWork, and so on.
24. Graphics Design
If you are a good Graphics designer, then there is no need searching again, as you can start making cool money doing what you already know how to do.
You can start designing works for individuals and companies and make your cool money. This could be Logo designs, event banners, and so on.
You can advertise your Graphics skills and get clients on websites like: Fiverr or even you Facebook page.
25. Publish on Amazon KDP
Amazon is one of the platforms that has really provided a great opportunity for online business in Nigeria.
If you have any relevant skills or knowledge, then you may start publishing your eBooks and selling them on Amazon Kindle Direct Publishing (KDP).
This is a very lucrative business as you would keep selling and earning from a single eBook once published.
Raising Capital With Daily Income Business in Nigeria
Just as I have pointed out before, most people go into daily income businesses just to raise more capital to upgrade to a larger business.
So these businesses would really offer a great opportunity for raising capital for larger businesses. This is why I said you should not feel bad doing any form of business as long as you are just doing it to raise capital.
If it is not your dream business, you shouldn’t really be bothered since you are not doing it as your permanent business.
All you need to do is just to device a means and strategy of saving enough money for your dream business, within a little period of time.
Your ability to save enough money very fast determines how long you would stay in the small business, and how fast you would be able to upgrade to your dream business.
1. Be passionately about the business
Though it may not really be your dream business, but the mistake you may make is failing to develop passion for the business.
Passion brings drive and energy towards the success of any business. If you are not passionate about the business, you may actually find it difficult to discover the best way to make out the best out of the business.
You really need to love the business for you to succeed in it; the more love and passion you have for the business, the more you will be able to pull that force of attraction for business success.
2. Don’t Neglect The Business
This is one of the worst mistakes that many people make while striving to raise capital from their current small business. Because they think it’s not their dream businesses, some of them always neglect their startup business, thinking they don’t worth their time.
The truth is that if you neglect any business, the business will definitely neglect you. But if you see the business as the true means through which you will raise your capital, giving it the best time it needs from you; definitely such business will never disappoint you.
3. It Needs Your Dedication
Dedication is all about being committed to what you do, majorly for the sake of success. For you to make the best you need out of that small business, there is need you put in all your best in it; your mind, your spirit, and your soul.
Think about the business all the time, your discussions should be more of the business, your researches should be more of the business, your improvements should be more of the business.
4. Discipline Yourself To Save
Since you are always getting your profits on daily basis, it would really be wise if you are as well dropping some savings on daily basis.
Just find the best means that works for you, towards keeping part of your daily income as savings. It could be through saving in pigeon hole, saving in the hands of any savings agency, or any other genuine means.
Let’s assume you are making N3,000 as daily profit in that small business; why not decide to be saving at least N1,500 every day?
I think that would really help you to gather enough capital for your dream business within a little period of time.
Dreaming to start up your dream business but doesn’t have enough capital for that, there may not really be need to bother so much as you can actually raise your capital through some startup daily income business in Nigeria.
Though these businesses are called small/startup businesses, most of them are actually lucrative even more than you think.
Sometimes, it is not always right to see Loan as the only option for raising capital for your dream business, as you can actually raise your capital in peace from some small businesses.
Just think about any of these businesses discussed in this article; they are actually capable of giving you the type of income or capital you can ever imagine.