What are the best fast money making business ideas that can make you become rich? What is the best simple money making business ideas to start from home? Well, this article is an answer to these questions...........................Read on
As this year draws to an end, you need to position
yourself properly because there are a lot of income opportunities
available that can take you to whole new level. Whether you are an
entrepreneur or investor, you will surely find this compilation
valuable. So without wasting your time, below are 30 best money making
business ideas that can make you become rich.
30 Best Fast Money Making Business ideas
If
you have been complimented on your parties, you might be good enough to
be a party planner. Many people who are throwing parties will
desperately need your service. Let them know you can handle everything
from invitations to the catering, from the
entertainment
to cleaning up afterwards, from the wine shopping’s to decorations.
The
best places to herald your services would be in the entertainment
section of most of the daily newspaper. I will recommend some soft sell
magazine, because placing an advert in some of these magazines will
surely go a long way in getting some customers. Generally, this work
goes for a flat fee, depending upon the size of the party. From N15,000 to N200,000. Think of what you are going to make in a year if you are doing at least 2 parties in a month.
A lot of writers are going to be instant Millionaires this year and even next. I checked my record and discovered that a lot of Nigeria Business men, CEOs, Politicians are going to be 40, 45, 50, 55, 60, 65, 70, 75, and 80 years. If you have a passion for writing,
you can target their birthdays, fix a date for the lunching and you are
good to go. Some of them have a lot of companies and friends that are
ready to donate to the lunching of the book. So what are you waiting for
to target a Nigerian Millionaire today and be an instant millionaire.
- Computer class instructor
Computers
have become part of everyone’s life, not only in the workplace, but in
the home as well. They are part of our jobs and also part of our
entertainment. You can check the computer book section of a bookstore
near you and use the knowledge you have gained to teach others how to
begin using a computer; how to use it more efficiently, how to get more
out of it, or how to use specific software programs.
This
type of class can be offered through your home but you might also
consider contacting a local computer retailer and offer to conduct the
classes in his/her store. This would bring traffic into the store that
is specifically interested in his product as well as give you access to a
variety of machines and software to demonstrate with.
All
of us have seen professional photographers at sporting events. We may
have used the service of professional for a wedding. But what about the
local Pee Wee soccer league or the neighborhood blocks party. Most
people enjoy good pictures, but most people don’t have the knowledge or
experience to take good pictures consistently.
If you enjoy using a
camera
, whether it still camera or a video camera, there is money to be made with it.
Perhaps the easiest way to begin is to take the camera to a local youth
sporting event and begin taking pictures. Be sure to have inexpensive
brochures available explaining to the proud parent where they can order
actions shots of their own little super stars in action. A few big
weekends of that type of freelance work will let you see how big this
market can be.- Selling educational materials
Selling
educational materials is a big business today. Pencils, Exercise books,
recommended textbooks, graphical tables, and drawing equipment are some
of the materials students cannot do without on a daily basis. People
who locate their shops near these schools are bound to make a lot of
money. If you can get your shop near any of these schools, you are bound
to make a lot of money.
If you don’t have enough
money to rent a shop, you can get a table and display some of your ware
or you can get an umbrella or canopy. Make sure you know the relevant
materials that are in demand in this environment; your success in this
business is directly related to your ability to sell at a price that is
very competitive.
- Pure water business
Do
you have a fridge, freezer or you live close to cold rooms; then you
can start a pure water business. It is true that millions of people are
in the business today, but there is still room for one more person who
is still passionate to make it in the business. Markets, schools
churches mosques football matches playground and parties are some of the
places you can get good business. Other ways of making money is by
targeting very big events, securing a stand, rent a freezer and you will
make some money.
- Printing and selling GSM recharge card vouchers
Printing
GSM recharge vouchers could equally mean printing money. We all know
that GSM recharge cards are the fastest selling product today in the
country today. Imagine that you are the one producing GSM recharge
vouchers that are used in your locality. I don’t know how many GSM
subscribers are living in your area but I am sure Nigeria has over 40
million subscribers.
You can start your own recharge card printing business. The printer cost N38, 000; you can start with Pins from N20,000. You can print and sell recharge vouchers in the values of all MTN, GLOBACOM, STARCOMS and AIRTEL cards. You can never run out of recharge cards or experience scarcity.
The
amount require to set up a Bakery is directly related to the cash at
hand, if you want to start small you can get a small parcel of about
half a plot or a full plot of land and build a clay oven, it will cost
you about N400, 000 to start, while it will cost between N4, 000,000 to
N5, 000,000 or more to start on a large scale.
Setting
up a security venture is a very lucrative business, to a lot of people,
setting up a security company is a capital-intensive project. A lot of
people have been scared away from attempting to set up one because of
this mind-set and mentality. It is very possible to start or set up a
security company with little or no capital. Multinationals pay as much
as N65,000 per security officer and the security company collects N15,000 while they pay N50,000 to the security officer.
Nigeria
currently has over 140 TV Stations and 200 radio station spread across
the Country. There are different types of shows on our Television and
Radio; such as current affairs, news, sports programme, Automobile,
Information Technology, Telecommunications, Shoppers Guide, Maritime
Television, Politics, Aviation, Finance, Insurance, Cultural dances,
Personality Profile, Educational Programmes, Musicals, Fashions,
Construction, Oil Industry, Religion, Hospitality and Tourism, Real
Estate, Dating Game Show, Agriculture, Women Empowerment Programmes,,
School Quiz Competition, Teenage Programmes and so on.
It
is imperative to tailor your show towards your professional background,
orientation and finally interest. Nigeria movie industry is not making
money like when it started 16 years ago as TV and Radio production is
now more lucrative as TV and Radio producers now rake in Million of
naira from sponsorship fee.
The
boom in property sector is already showing in the high cost of cement,
even property stocks on the exchange are smelling-hot. This emerging
wealth is sure to simmer in to the hands of both the medium and small
income earners. It is now glaring that in the face of increased cost of
land and property in the real estate sector, there is actually a big
opportunity for many who know the secrets of getting it cheap when
others are still ignorant and selling high thereafter.
After
all, that is what real estate is all about, except for the intelligence
you need to acquire in order to play in the market rightly. As a new
entrant into the industry, all you need to do is be the link between the
buyer and the seller; and you are entitled to a particular commission.
Website
designers are always in demand by corporate organizations, government
agencies NGOs as they are willing to pay big to get their website
designed. Some of them are also looking for website developers because
some of them need to update the information on their sites. Make sure
you don’t price yourself too cheap and make sure you get the required
training. A website designing course can take a week or two; if you can
browse the net very well, there is a lot of FREE software online that
can guide you step-by-step on how to design a website.
- Setting up an NGO
Setting
up an NGO strongly depends on the nature and character of the NGO.
However, you must make sure you follow your passion; be it taking care
of children, old people, environment, or solving social economic problem
etc. All you need to do is to start with the little you have; starting
with your immediate environment. Let all the corporate organizations and
individual in your vicinity know what you are doing.
You
don’t even need an office; you can start from your house, look for
credible people to work with especially influential individual, who can
assist you to raise money through their friends. Millions of dollars are
budgeted yearly for NGO in Nigeria by foreign donor agencies but such
funds are returned to those foreign agencies at the end of their
financial year.
- Stock brokerage
Stock
brokerage business is a profitable business. Like every other money
making venture. It has its own challenges. This is because the market is
not stagnant, prices of stocks move upward and downward. In Nigeria,
stock brokerage business has not been fully exploited. This is because
we are only dealing on equities and not on derivatives. Once you have
made up your mind, you don’t need an office; just look for a reputable
stock broking firm to work with. The more clients you can convince to
invest their money in the stock market, the more money you’ll make.
- Make money as a registered independent petroleum marketer with NNPC
This is the foremost and mother of all the other oil and gas businesses
because it provides you with an expansive area to play in this
business. For instance, as registered petroleum marketer with NNPC, you
can access the following opportunities:
- Own Depots
- Own filling stations
- Import/Export petroleum products
- Retail kerosene
However,
to become a registered independent Petroleum marketer with NNPC, the
starting point is the Department of Petroleum Resources (DPR), the
regulatory arm of the petroleum Industry and find out their requirement
and what area you want to engage in, either as a depot owner or filling
station owner. And once you are able to meet the requirement, you will
be given a license for storage and sales.
The
micro finance, regulatory and supervisory framework for Nigeria was
introduced to galvanize and empowers the poor and vulnerable people by
increasing their access to factors of production. To get started, Micro
finance Banks would be required to be well capitalized, technically
sound and orientated towards lending based on the cash flow and
character of clients.
The micro finance bank provides
for two categories of MFBs. Credibility would be another major issue
for the emerging micro finance banks. Depositors would need solid
assurance of the safety of their funds, just as the MFB operators would
by the same token require some form of guarantee of repayment of their
credits.
Renting
party equipment has become big business particularly in many big
cities. Canopies, chairs, stage platform, ice block, drums, cooking
utensils, table cloth and other party equipment are in hot demand by
party organizers. There is hardly a weekend when parties are not held.
Your
initial step is to find out fees charged for items and for how long.
Then you should investigate the cost of making or buying some of these
items. How much you make is directly related to the number of customers
you have. A dozen of plastic chairs is being rented out at the rate of
between N300 to N400 per dozen, while double canopies goes for N800 each
- Haulage Contractor
Haulage
includes using trucks and Lorries to convey goods from one point to the
other. The movement could be within a city. During conveyance, goods
are accompanied by owners. In most cases, truck owners do not go
scavenging for loads. They leave their Truck/Lorries to transport
companies while haulage contractors obtain trucks from transport
companies to convey goods.
As an entrepreneur, your role is that of a haulage contractor.
Take note, Truck owners welcome contracts that are long term compared
to one-off. Let your mark-up be minimal, but you will double your income
from payment for goods collected on return trip. Depending on the
number of trips and the number of vehicle used, you can earn above N100,000 per month.
- Generator importation and sales
PHCN’s
problems began with the total neglect of the industry by the then
military government between 1980 and 1999. The near collapse of the
industry was due to the poor funding by the government, mismanagement of
the utility, corruption, poor service delivery and load shedding, use
of substandard materials, electricity theft, poor revenue drive and
non-payment of bills by consumers, technical and non-technical losses.
You
can import any brand of generator into the Country. If you don’t have
money, banks are ready to assist would be investors. Just make sure you
provide a good after sales service to your customers
- Yam flour production
Processed
yam flour is a simple devise for the preservation of yam and making
them available at our meals table all year round. Besides, it enhances
the storage process and the movement of the product. The preservation
process may be supplemented with the usage of chemical preservative,
which are common in Nigeria markets. Yam flour is processed through
grinding, drying, parboiling, drying and pulverization process. I
visited a Company that produces Yam flour recently; I waited for 2hours
before I could collect my pack just because they can’t meet the demand
30 Best Fast Money Making Business ideas that can Make You Become Rich
- Franchising
Do
you want to sell foreign product in Nigeria? If yes, then franchising
is for you. A Franchise is an agreement or license between two parties,
which gives a person or group of persons (The franchisee) the rights to market a product or service using the trademark of another business (the franchisor). Both franchisor and the franchisee have a strong vested interest in the success of the brand and keeping the customer happy.
Today,
Franchising is available to service businesses, manufacturers,
retailers, wholesalers, and even professionals services in the medical
health care, fast food and beverages hospitality, educational services,
training management, business support, estate management, health, beauty
and so on.
- Flour milling
The
consumption of bread and other bakery products such as biscuits,
chin-chin, gala, meat pie, among others have created a huge market for
the wheat flour industry, and it is continually expanding by the day.
These items have come to be accepted as part of our dietary need either
as food or as snacks, which is taken in between meals. Flour milling is
not however restricted to wheat processing alone, several Nigerians
cereals and tuber crops are being milled and preserved to powdery
flavor, so as to enhance their industry uses and preserve their shelf
life for domestic purposes.
These include the corn
flour, cassava flour, millet flour etc. Processing them into flour and
bagging them therefore holds great prospects, considering the fact that
these agricultural raw materials are locally sourced. Flour enjoys
extensive usage in the bakery, brewing, confectionery, pharmaceutical as
well as the food processing sectors of the economy.
Transport business in Nigeria
is as old as the nation itself and there is no doubt that those in the
business have been known to have contributed in no small way to the
economic development of the country. Transport plays an important role
in most business activities. Efficient transport is an essential
component in the production and distribution process; commonly referred
to as supply chain logistics.
As a new entrant into
the business of Haulage business, you can decide to buy a Trailer or
more and station it with any of those multinational companies. They will
maintain your Trailer for you, employ a driver for you. At the end of
every month, all you need to do is to go there and collect your cheque;
they pay between N400, 000 to N600,000
on a Trailer every month. Before you can be part of this, you need to
register with them as a contractor or fall under another contractor in
their fleet. Secondly, you may decide to be an independent operator to
some of the big companies in the Country, they will give you a way bill;
it might be 10 to 15 trips.
- Create an e-book
If
you have some special and extensive knowledge about a particular hobby,
activity or skill, then put it to use and write about it. Maybe you
know several different ways to tie knots. Maybe you are really good at
making homemade Christmas decorations. Maybe you have extensive
knowledge about taking care of a sick loved one. Or maybe you know some
special tricks in preparing meals for large or small families. You can
sell an e-book over and over again. If you only make 50 cents per sell;
10,000 downloads of your book will make you $5,000.
Imagine
having a rewarding, high-paying job that lets you use your creativity
to make homes and businesses more beautiful and comfortable. Welcome to
the world of interior
decorating
. There are few jobs that offer so many benefits.
As
an interior decorator, you will have the satisfaction of making your
vision a reality. You will meet interesting people, and because many
people who hire interior decorators are wealthy, you will likely spend
time in many beautiful homes. If you start your own interior decorating
business, you will enjoy the freedom of being your own boss and could
earn N50,000,000 or more per year.
Bottled
water is extremely popular these days. That is why starting up a
home-based bottled water business may prove to be a lucrative venture.
Purchase all the necessary equipment and designate a room in your house
for this project. Start small and just work your way up as your bottled
water business clientele grows.
Owning
a food business is the first step for many entrepreneurs to the world
self-employment. A food business can mean any of a number of business
ventures, from temporary food stands to catering companies. Depending on
which type of food business you plan to own, you will have different
investment levels. If you run a temporary food stand, very few funds are needed to get started. If you plan to run a restaurant or even a high class catering business, quite a bit of capital is needed to get started.
- Become a manufacturer representative
If
you are a top seller and have years of experience under your belt,
going independent as a manufacturer’s representative may be your ticket
to sales success. If you like to sell and yearn to be out on your own,
the life of a manufacturer’s representative, also known as an
independent sales rep may be for you. Experienced salespeople tell us
being a manufacturer’s representative is the graduate level of selling,
offering potentially higher earnings and freedom from company politics.
- Aluminum door and window manufacturing
Manufacturing
aluminum storm windows and doors is a relatively simple process that
can even be conducted right from a well-equipped home based workshop.
This business start-up will appeal to entrepreneurs with some
construction and mechanical aptitude. Once again, aluminum storm windows
and doors are easy to manufacture as the material required is referred
to as extrusions. It is a simple process of cutting the window framing
rails to length, wrapping the glass in a rubber gasket, and attaching
the rails that are screw-fastened in the corners.
Starting a desktop publishing business
that specializes in producing a monthly employment and career guide
newspaper is a fantastic new business venture to set in motion. The
paper can be distributed throughout the community free of charge and
supported by charging companies advertising fees to list their
employment and career opportunities in the paper.
Additionally,
the paper should also include useful information and tips for readers
on subjects and topics pertaining to securing gainful employment. The
tips could include information, such as how to prepare for a job interview, ten secrets to a winning résumé and more.
- Internet trainer
Believe
it or not, there are still lots of folk; including many senior citizens
and retirees who don’t have a clue how to access the internet or where
to go once they are on it. If you’re a tech whiz and you like nothing
better than tinkering online; then you can teach these individuals learn
how to navigate the information superhighway with ease as an internet
trainer.
You will give seminars, workshops, day-long
courses or provide one-on-one assistance at senior centers and in
individuals’ homes. And you can teach the basics or tailor your programs
to the specific types of internet use your clients want to know.
In conclusion, these are the top best 30 money making business ides that can make you become rich. You don’t even need to invest in all, just select one of the businesses listed above and concentrate on it. Success will surely be yours.............Please say thank you to admin.............
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