Business You Can Start With N20,000 – N50,000 In Nigeria 2019/2020
- 1 Business You Can Start With N20,000 – N50,000 In Nigeria 2019/2020
- 1.1 10 Top Business In Nigeria you can Begin With N50,000
- 1.2 Other Amazing Business You Can venture Into Today
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There are so many businesses out there, but many of them requires huge amount of money to start. Ever since I launched this blog, many of my readers have contacted me on phone, asking me the kind of business one can do with at least N50,000 here in Nigeria. Well, I’m going to make that all known in this article.
In this present day Nigeria, we’re in the era of survival of the fittest. An era where a family man is paid N30,000 monthly to take care of an extended family. An era where young graduates are paid N15,000 every month. Some are even paid less. That my friend is modern slavery and that’s why you need to grab your destiny with your two bare hands. Starting your own business today is just want you need to rise from mediocrity.
If you want more out of life, entrepreneurship should be a path to consider. Do you know anyone who have made Forbes list as an employee? Of course not! You can’t experience real financial freedom if you keep working for a boss. Allow me to give you a push with these businesses that you can easily start with N50,000.
10 Top Business In Nigeria you can Begin With N50,000
1. PopCorn Business
Popcorn business is a lucrative business that you can easily start with N50,000 and make mind boggling money within a week. To start this business, you need to at least know how to pop tasty and delicious popcorn. It’s not rocket science. You can learn easily learn on YouTube or enroll in a catering school.
2. Palm Oil Business
This business is seasonal and also capable of making you a millionaire if done well. I made a post about how a reader made over N1.5 Million naira in a year from palm oil business. This business is among the businesses here in Nigeria that you can easily start with N50,000. Many of my readers started with even N20,000 and today, they don’t regret it.
This is the selling of second hand clothes (bale) to potential customers. The demand for okrika clothes is soaring high and you my friend can start this business with at least, N50,000. All you need to know is how to order from dealers, either online or offline. However, I discovered that there are a lot of scammers in this business, so be careful with who you order from.
4. Recharge Card Business
With N50,000, you can start the business of selling printed recharge card and making a lot of gains every week. I know a friend that makes N188,000 from this business weekly. The secret is having so many vendors you supply too. The bigger your customer base, the bigger your earning.
5. Phone Charging Business
This particular business is a goldmine. One reason why I love this particular business is that it isn’t technical or demanding. All you need is a shop, extensions, chargers and a generator. I read an article recently about someone who makes N200,000 every month from phone charging business. This business is very profitable if you ask me.
6. Poultry Farming
Do you know a little about poultry? Perhaps you can start this agribusiness and make a lot in return. Agriculture is the new gold according to latest trends, take hold of it and you’ll never beg for bread. This business can be started with at least N50,000. Decided whether to go for layers or broilers. Start small and grow to a giant.
7. Vegetable Farming
I call this vegetable business a backyard ATM machine because that is what my mother used to train me and my siblings through primary and secondary school. You can start with less than N50,000 and make thousands of naira in a month. The truth is; the demand for vegetable is big, but people are shying away because it looks degrading. This business can make you a millionaire.
8. Food Business
Oh my God! This business is what I call the bomb. I know a woman that makes up to N30,000 in a day from this food business. All she does is to cook jellof rice, white rice, stew, ofe akwu, fried plantain, eggs, moi moi, salad, fried fish and meat, beans with pure water. Her shop is always filled. The secret is being able to cook delicious meals and watch the orders roll in.
9. Cucumber Farming
Do you know how much one cucumber goes for now in the market? It’s over N100 depending on the size. Imagine if you were able to harvest a full farm and get about 3 bags of cucumber. This is what my friend, Solomon Chijindu used to train himself in Michael Okpara University of Agriculture despite being in an engineering department. He’s proof that you don’t need a degree in business to be an entrepreneur.
This is the only online business making the list and I’m excited. If you’re more internet inclined, then give this business a try. With N50,000, you can get a domain name, a host and a web designer that will help set up the blog. If you employ me, I would not only set it up for you, I will be your mentor for a month. This is an offer you dare not resist. I’m into this business and I can beat my chest that it changed my financial status.
These are the few businesses that you can start with at least N50,000 here in Nigeria and make a lot of money in return. Whichever one you’re going for, make your research before kicking off
That’s the much we can take on the topic “Business You Can Start With N20,000 – N50,000 In Nigeria 2019/2020”.
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