8/21/2018

20 lucrative businesses you can start with as low as 50k



We are in an era where white collar job is now “old fashioned". Youths have decided to take up the challenge of building their own empire instead of helping someone build his empire. Many youths who have finished school are willing to start up a lucrative business of their own and become their own boss. It is actually not easy to start up a business if you don't have the capital. Here are some business you can start with a very low capital or no capital at all. Here we go........


1. Online marketing-  Online marketing of products is one of the easiest way to make money. Technology has made it easy for some people to sell online without actually meeting the buyer. It is very easy. Get a contact of people that sells goods in bulk especially importers,laise with them and your job is to get good customers to patronize them. You don't even need to meet the seller. Just pray you get genuine buyers and sellers.

2.Boxers:
Schedule a trip to Aba Market, The cost of production of boxers, you can get one for as low as N300, all you need is to package it in 3s, and market them properly, beg your friend on twitter for RTs and know the right online strategy to use. Men buy 3s pack boxers for 1500-2500 sell yours for 1200 or more,you will see how gradually you will grow.

3. E-Payments and POS Business:
You can get POS machine from your Bank, and activate online banking: If you live in a place where banks aren’t much you can handle e payments for people and make your small change. The day I wanted to make use of POS just to withdraw #2000 because I needed the money urgently,I was asked to pay #200 for wuthdrwith. I was surprised.

4. Delivery services- Delivery service  is another way young people make money as well. StariSta it up might really be stressful but once you have many customers,it will be a lot easier to because by then you will dtars making a lot of money. I know of a guy who charges #1000 to pick up one product and can charge 100-2500 for delivery within Lagos. Do you know how much he will be making if he has like 20 customers in three day? Think about it.


5. Mobile and Electronic Accessories:
Mobile and electronic Accessories such as  Pouches, Chargers, USB cables, HDMI cables, earphones and more, can be sourced Alaba international market or Emeke Offor plaza Onitsha , The more you buy the lower the price. And they are light, so waybilling won’t be a burden.

6. Popcorn:
We love eating popcorn especially buying from road side, the aroma is irresistable  - we must surely buy it. Bags of corn – Branded Nylon ,Sugar, sealing machine, Salt & Butter. The beauty of this is when properly made, its aroma will attract its customers.Popcorn can be served anywhere. Very lucrative.

7. Branding and  Customizing:
Branding and Customizing of Football Team Jessey,  Football team supporters always want to show how much they’re rooting for a team. Customizing of T-shirts, foothball jersey, pens,books and other items have become something people do to survive. People do one party or the other and they must surely want to put on customized shirts,give out customized gifts. And this business isis ve lucrative.

8. Fairly Used Goods:
Fairly used goods such as Jeans, Tops, t-shirts, shoes etc. They could be sourced at Badagry, even Aba here. 100k can’t get you a bale but you can select and mix them. Wash then and pack neatly. Marketing is all it takes, you’ll Sell and see your money multiply.

9. Home Cooking and Delivery:
You can cook a variety of meals well and apply customer service, People will pay good money for your services, You can run this from home .

10. Digital Marketing:
The success of any business is in its ability to effectively reach its teeming customers and this is achieved by effective marketing: Get a Used Laptop and Smartphone, temporarily your smartphone can double as your hotspot Persistence and Passion is Key. I can refer you to people who are professionals in this.

11. Cakes and Confectionery:
This is one business that always comes to play, people celebrate, and bakers are always consulted. Get the required skill, a decent oven, passion and customer service! You’ll grow. Amaka Marvel Duru Offor are able and capable to train you on this ..

12.Cleaning Services:
Some people find it hard to clean their apartments because they’re busy from Monday to Friday and Saturday they have engagement and on Sunday all they wanna do is rest. Your tools won’t cost you up to 30k and you can clean 6 apartments a weekend. Even finished buildings need cleaning,all you need is to contact the brain behind the building and you are good to go.
Take it up and do not feel shy. Na your money no be my money.

13. Aso-Oke Beading and Stoning:
Aso-Oke Beading and Stoning has become something in vogue now, and this is another sweet business one can start with 100k. You just have to learn how to bead and unlock your creative mind.

14. Laundry Services- In as much as people have washing machines in their houses that does not stop some people from being lazy. There are houses you will go to,they have washing machine and they will have clothes pilled up because is either they were busy or too lazy to work. Getting avwasgia machine might be tasking,but you can actually laise with them and be making use of tgeit own to do the washing.

 15 .Bead Making:
I’m not sure there’s really much to say here. All you need is training, passion, creativity, unique designs and styles, then adequate marketing. You absolutely don’t need 100k to start this.

16. Home Service Barber:
This is another profitable small-scale business. The beautiful thing about this is you bring your services to your clients for an extra token above regular. The starting capital to get the equipment and I’m sure you know we have rechargeable clippers.

17. Tutorial Classes:
No matter your age, this is another well-paying job, either as part-time or full-time. Many families are willing to spend what it takes for their children’s success and there’s one subject you’re well versed at. Just close the gap, meet their need for a fee.

18. Internet Services:
Forget the extensive coverage of internet and the fact that people can assess it on their phones, Do you know how much applicants pay just to have Jamb applications filled online? You need a good system, printer & ISP. People pay as much as 1k per application..Talking from experience

19. Production Of Zobo, Smoothies, cocktail, small chops, cupcakes and chinchin:
You’d realize the importance of this combo cant be ruled out. You can render these services with 100k startup capital + proper marketing, branding and packaging....just get a good place to learn how to make them.

20.Footwear business- Footwear business is another lucrative business. The beautiful thing about it is that you can easily market it online, you can be a dealer both in wholesale and retail. You can either be an importer if you have the money or you buy directly from an importer which is the best . You can get a shoe as low as 1000 abd a
Sell at #2,500-#3,000. Do you know how much gain you can make in selling off 10 pairs of shoes.

50k can do a lot!!!!

Let me give you another bonus......

You can actually do home services for people who want their hair done at home. Some women hates going to the salon,you can take up the duty and see how much you will make.

Truth is, there   mucare so one can do with very little, it takes persistence, focus, interest and above all hard work. For instance,Aliko Dangote started his business with a very small capital, look where he is now. We can’t all be rich but we all shouldn’t be poor. Our background should not limit our ability to make things happen. When we start thinking differently,we can start making a difference.

Last note: The difference between Zara shoes and Aba made shoes is just the appearance and name.

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