There are lots of business ideas in Nigeria people can start with little capital but like I wrote in my post How to get a successful business ideas,not all business yield success and have the potential to increase your income.
According to world economic forum report, the fourth industrial revolution combined with other socio-economic and demographic changes will transform the labour market in the next five years, which will lead to a net loss of about five million jobs in 15 developed and emerging economy. The interpretation states that by 2020,research have it that about 5 million people will be laid off in their places of work. This explain why many people are now going into entrepreneurship.
In Nigeria, a lot of employed people are also entrepreneurs. Entrepreneurship being so important in this industrial age, gives the entrepreneur time to choose what to do and a potential stream of revenue for a long period of time.
One major factor discourages people who want to go into entrepreneurship and that is money. This is because many businesses need a huge capital to start up.
This article is written to introduce to you certain lucrative businesses people can start with little or no money.
Lucrative businesses you can start in Nigeria with little or no money
- Blogging.
- Freelance writing.
- Soap making business.
- Tutoring.
- Buying and selling on e-commerce websites.
- Mini-importation.
- Dry cleaning.
- Scrapping gold from damaged electronics.
- Ethanol production.
- Car washing business.
- Exportation.
- Afilliate marketing.
- Product distributor.
- Selling of scrap metals.
- Sports viewing centers.
- Bulk SMS services.
- Hairdressing.
- Agriculture.
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