The Business Platform

The internet is a great place to make money. There are many channels to make money online but not all of them work in Nigeria. We will explore some online business models that work well for Nigeria in this post. One reason not all online businesses work in Nigeria is the restriction by PayPal on Nigerian accounts. PayPal is the most widely accepted method of payment on the internet. Nigerians are now permitted to have PayPal accounts but they can only make payments through the accounts; Nigerian PayPal accounts don’t receive funds yet. While Payoneer is the best alternative to PayPal, it has not gained as much acceptance as PayPal and so as an internet marketer, your options are to cut corners trying to get an acceptable ‘foreign’ PayPal accounts, or work for websites where Payoneer is accepted, or better still build an online model that works expressly in Nigeria. Many Nigerian internet marketers mostly resort to targeting international audience (US and UK). To do th...

You see this guy in this picture? He’s making passive income. He could sit in that chair all day, sipping that drink, enjoying life and his money would keep pouring in. There are many people like this guy; they make money without working for it. It is called passive income. Passive income means your money keeps coming without you having to actively work for it. In this post, I will share with you top 10 passive income business ideas you can start today to generate residual income for life. Passive income is one the major differences between the rich and the poor. Wealthy people set up many residual income streams and watch all of them generate money at the same time. The poor person is happy to have one income stream. These passive income business ideas will make money for you while you sleep but it does not mean you just start a business and go to sleep, no. You will need to spend some time, effort and resources building your business. You will bui...

  Competition is stiff today in the business world. It takes a keen mind and constant vigilance to stay ahead of the crowd. No matter what your company does, improvements should be sought all the time. You must rise with the tide, or you risk sinking. While the traditional ways of doing a job are still there, modernization has brought with it a ton of alternative routes for you and your business to get done what needs to get done. And though the year is reaching its end, there has never been a better time to streamline your business. If you’re not doing these things, it’s only a matter of time before you’re facing business bankruptcy. Communication with Customers:Quick & truthful If someone is paying you for a service, you can’t blame them for getting demanding at times. They expect answers and they expect them quickly – after all, they gave you their money. The best thing you can do is keep them up to date with everything, no matter how good or bad, and t...

Will 2018 be the year you finally create a profitable online business? You’ve thought about it year after year. You’ve gone over countless strategies in your head, and imagined what life would be like if you could quit your job and generate money online. You could travel the world with ease, create a comfortable lifestyle for yourself and your family, and achieve financial freedom. You could finally escape the constraints of the 9-5 lifestyle, and own your time completely. But then, what happens? Usually, you spend some time considering ideas, but ultimately resort back to your comfort zone… The steady income of your secure job, the ease of having somebody else tell you what to do everyday (instead of trying to figure it out from scratch), and the consistent schedule. You tell yourself, “You know what? This year is a little too crazy. I’ll start that online business next year!” But “next year” never comes. Well, I’m here to tell you that 2018 is the year you should s...

  Quotes keep us all going. I’ve printed many of these quotes to hang on my walls around the house. They keep us all inspired and thinking positively. There are millions of great quotes, so I narrowed this list down to 21 of my favorite quotes that relate to Entrepreneurs. 1. “ Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” –  Mark Twain, author 2. “Whether you think you can, or you think you can’t, you’re right.” – Henry Ford 3. “Don’t be afraid to go out on a limb. That’s where the fruit is.” – H. Jackson Browne 4. “Whether I retire to bed early or late, I rise with the sun.” – Thomas Jefferson 5. “The most valuable thing you can make is a mistake – you can’t learn anything from being perfect.” – Adam Osborne 6. “Learn ...

College/university is an amazing time in our lives when we are able to live on our own, make new friends, and try out new things. It is a time when all of the money we do have goes towards books, beer, tuition, and living expenses. It’s often hard to find a descent paying job as you can’t get a fulltime gig because you don’t have the time for it. But what if you could make good extra income on your own schedule? Would you give it a shot? Looking back on my years in the University, I had various businesses that kept me afloat. They were full time in the summer, and I was able to work them around classes during the school year. In this article I will tell you about some of my favorite entrepreneur ideas for college students and what worked for me. Feel free to check out my resources page as well if you need some recommendations on helpful tools for businesses. Like tools for doing the books, making websites, selling stuff online, and so on. 1. Start a Blog Starting a ...

  How would you like to make some money this weekend? I want to show you 5 things you can do to make N50k in the next few days. How does that sound? OK, pay attention to this post. I’m not going to waste any time so let’s get right to it. I have to say though that it took me a while to decide on writing this topic. I’m not a huge fan of making the quick buck, but these are legitimate businesses people carry out every day. What I want to do is to bring these businesses to your attention and show you quicker, smarter ways you can do them. Are you ready? Come with me, let’s go make some money. Here are 5 very simple ways you can make N50k this weekend 1. Import and sell hot items Importation is no longer complicated. It used to be but not anymore. Just as you shop on Konga or Jumia, you can buy anything you want from Aliexpress  (China) and collect your package here in Nigeria. This will not be a tutorial on how to order from Aliexpress;  I will do...

The thought of starting your dream business can be truly exciting and inspiring. However, the whole business planning process can also be nerve-wracking and terrifying at the same time. Unfortunately, your fears aren’t exactly unfounded since according to a published research, only 20% of new businesses survive past their first year of operation. Finding Success in the Business World Sustaining your momentum and achieving success in the first year of your business should be your priority if you want your company to go beyond the 12-month mark. You can attain this goal by following some simple yet highly useful tips. Focus on your goals for your business To survive and thrive during your company’s first year, make sure you stick to your goals. Of course, this means setting your goals first and aligning all your efforts and strategies to achieve them.   The success of your business will depend greatly on you and your employees working hard to achieve the same goals....

  In this post, I will be sharing with you 20 service business ideas you should start as we approach 2018. These service business ideas will make you money and they don’t need excess capital to start. As our lives get busier and faster, a lot of people are having to outsource parts of their daily tasks so they can focus on matters that demand their immediate attention. Think about it, if I have to review my work notes or spend precious time with my family but my car also needs washing, it makes sense to let someone else wash my car while I focus on the other activities, right? That is how service business works. When you take minor chores off people’s hands, they will pay you for it. The more people you serve, the more money you make. So I’m going to suggest 20 service business ideas you can tap into to create a steady income stream for yourself. You need only start one of them to change the course of your financial life. You can start more than one, though, wh...