Business Ideas For Nigerians 1

Written by NaijaEcash

Topics: Entrepreneur, small business

Are you looking for business ideas for Nigerians? Have you been thinking about what business idea to invest in? Have you been wondering which business idea will give you the best rate of return? Well, I will give you a tip if you will answer the following questions:

  • What is the most traded commodity in this generation?
  • What is the most consumed commodity?
  • What is the most sought after commodity?
  • What is the most valued commodity?

If your answer to those questions is any tangible commodity like crude oil, precious stone or real estate, you are Wrong! The answer is SPECIALIZED INFORMATION! Yes, info-product is the commodity making many guys and gals into millionaires in this generation. Unlike physical commodities, it does not require huge capital to start. Often, you already have all it takes to launch your own info-preneur business. You only need to discover what you have and package it in a way that will make others pay for it.

You too can become a Nigerian infopreneur. It takes some work, but it is not as strenuous as you think and you can start with a little capital. The very first step is for you to discover what you are good at. After that you will need to learn how to package such information as a commodity that others are willing to pay cash for.

What knowledge do you have that others want? Don’t tell me you have none. You sure do, you may not realize it. Here are some quick tips to help you start off.

First Step – Take a piece of paper and write down things you enjoy doing. Simply make a long list irrespective of how irrelevant some may seem at first.

Second Step – Ask one or two relatives to write list of things they feel you know how to do well.

Third Step – Ask one or two close friends to do the same list for you.

Fourth Step – When you have collected all the lists, sit down and compare your list with that written by your relatives and friends.

At the end of the exercise, you will come up with one or two things that almost everyone agree you are good at doing.

Here are some practical examples, some women are making fortunes selling meal recipes and cooking tips. Many of them started after being prompted by their friends to share their knowledge. My partner has been making money teaching people how to bake.

A senior-friend of mine (in his late fifties), makes money by selling info-products that teaches married couples how to remain lovers at old age. He has been a marriage counselor for years and he is in high demand for marriage seminars in many local churches. The fact that he is good at what he teaches is evident in his happy home that is the envy of many around him.

However, for years, he never thought of packaging his wealth of experience into an info-product that people could buy.  After several years of just presenting free seminars and selling other people’s books, he has now developed his own info-products which he sells after each seminar.

He started with A4 paper manuals printed with a LaserJet printer and bounded with spiral binding machine. He produces according to demand and sells directly to participants of his seminars. That was some years ago. Now he is publishing his own books. I believe this example gives you an idea of what you can do too. Let’s get back to the steps.

Fifth Step – Learn how to prepare a HOW TO course for those activities. You will need to do some research and add more information to what you already have as experience. When you have packaged the information, you can publish it as a physical manual or an electronic manual which is made available on CD-Disks or similar devices.

That is it. You are on your way to become an infopreneur. If you need more information use the search engine or ask here in the Nigerian Entrepreneur Forum. I will be willing to lend a helping hand in any way I can. I suggest you subscribe to my free RSS updates so that you will not miss the subsequent posts in this series Business Ideas For Nigerians. Wishing you good success as you launch your infopreneur business. Cheers.

27 Comments Comments For This Post I'd Love to Hear Yours!

  1. biodun onipede says:

    Hi bro. Tony,

    What else can i say, this simple information is worth N5,000.00 seminar.Somebody said,the first millionaires were made in the agricultural age, the second set in industrial age and the latest millionaires will be made information age,hence i have enrolled in this industry. As a matter of fact, i just finished typing my information product which i believe by God grace it will add value to the people life.

  2. I may have said this before, but I feel your ideas would work anywhere. Not just in Nigeria.

    (But it’s great you are giving hope to your nation.)

  3. leo says:

    hi,
    i would luv to get a lil coaching from u

  4. admin says:

    @Biodun
    It is nice to know that you are making progress. Thanks for sharing your experience. Cheers.

    @miguel
    You are right. I only used the topic to draw the attention of my kinsmen who are looking for business ideas. I want them to know that it is possible to operate from Nigeria.

    @Naijagal
    It is nice having you around. Thanks for your kind words.

    @leo
    I sure will love to help. Just make a specific request and I will be at your service. As long as it is within my power to help you. Cheers.

  5. Tosin says:

    Hi,

    I rate your piece A+. why? Because its really addressing this netpreneur issue from the root.

    These step are simply must-dos.

    Thanks for always sharing.

    God bless.

    Tosins last blog post..Episode 44 – Armando Learns More About Ugly Betty

  6. Hello,

    Y’no I was just straying about
    when I came across thie lovely
    piece.You have really approached
    a critical issue with a very
    understanding write up.

    Props!

    Olasupo

    Olasupo Badmoss last blog post..Tips to Make You Burn That Fat Quickly.

  7. Uche O.J says:

    Hello Sir,
    Thanks for that wonderful piece of information. But my major problem now is packaging this little talent of mine to make good money out of it. I’m a very good typist (may sound irrelevant to many), but thatz what I enjoy doing most and people appreciate and enjoy watching me each time I type. I feel like i’ve been used by people for several years and now I want to make something better out of it. How can u help me, Sir? thanks and God bless u!

  8. Olalekan says:

    Learn How Olalekan Built (www.olalekansto res.c om)

    And Start Selling Products Online. If you want samples send me your info

    Email-

    247sales@olalek ansto res.c om

  9. Tpri says:

    Thanks a mil! After reading your article I got my Eureka moment! Look out for ‘How to’ guide published by TRIONI before the end of the year 🙂

    • NaijaEcash says:

      @Tpri
      Thanks for visiting. I’m happy you gained something. I will be on the lookout for your “How To” Wishing you all the best. Cheers.

  10. forex_noobtrader says:

    @Tpri
    What topic is the guide on? I hope it will have something to do with making money online 😉 cos that seems to be the hottest topic for now. I wish you the best anyway. I really wish Naijaecash will produce an ebook this year. I guess it is long overdue.

    @Naijaecash
    If you compress some of your articles into a free ebook, it will definitely benefit more folks. What do you think?

    • NaijaEcash says:

      I agree with you. An ebook from Nigerian Entrepreneur is long overdue. Do you have any particular topic in mind that you think I should cover in the ebook? Your suggestions will definitely help. Cheers.

  11. robert says:

    plz i went to no how to do business, i want ideas

  12. Longe tolu says:

    Am a boy of 22yrs old i just find it hard to concetrate on 1 single thing i don’t know the talent God has given me. Pls help me out of this.

    • NaijaEcash says:

      @Longe
      Don’t get alarmed. It may simply be that you are multi-talented. I suggest you join the forum then we can really talk more about the kind of business ideas that you can venture into here in Nigeria. Nice having you around. Cheers.

  13. Trending says:

    Hello everyone, I brought an idea which can enable you earn N17.496Million here in this country and all you need to have this money is just a minimal effort. I can assure you a 100% guarantee and it`s scam free. To know more about this program, call me on 08073400383

  14. Gabriel says:

    Guys, our views are ok, thanks 4 d suggestions. But i think that web designing is the best online biz one could start. For the newbies, reading books on web designing could be ur first step to success bcos you are not in biz until you have your own website. It helps.

  15. kayode says:

    This is a wonderful site. It open your mind and it can lead a lot grater future. thanks for the good job.

  16. crown says:

    Thank God my eyes are now opened. Thank you for sharing this.

  17. dickson ibe says:

    pls help me i have a plan of opening a clean company after all the paper work, the cac papers but no money to buy the items . what do ido

    • NaijaEcash says:

      Well, as it is, approaching a bank for startup loan may be out of the idea. Since you won’t have the necessary collateral to back up the loan. However, I will suggest that you make a detailed business plan that shows at a glance what the business idea is, what you intend offering that is better than what already exist in your targeted market and what it will take in terms of resources to achieve success. Type out the business plan and bind it as if you want to submit it to a bank for loan application. When you have done that, get a piece of paper and start listing down all your relatives friends and acquaintances. Just list down as many names as you can remember. Next, take the names one after the other and ask yourself questions such as:
      (1) Will this person be willing to be a part investor in this business? If yes, what percentage of the business am I willing to sell out in exchange for his/her contribution?
      (2) If this fellow is not interested in being an investor, how much can he/she give as loan OR even gift to help me jump-start this business?
      (3) If this fellow can’t help in the ways stated above, can he/she introduce or link me up with someone that can help?
      I’m optimistic that this simple step will get help you figure out how to raise the startup capital you need for your business. My only WARNING is that you should be careful who you accept as an investor. Also, the role and reward of such investor must be clearly written down on paper so as to avoid ambiguity later on. Cheers 😉

  18. Well another way is to visit popular blogs that specialize on business ideas. Even Nairaland is another popular destination but ultimately looking inwards is the best way to find business ideas

  19. ifeoluwa says:

    yea dis is a weldone job , it has real empowered , yea i mean

  20. oge says:

    Your Post is full of great tips: you do not cash to start!

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