AREAS OF FOCUS:/20 BUSINESSES YOU CAN DO TO MAKE MILLIONS

20 BUSINESSES THAT CAN MAKE YOU RICH

There are lot businesses opportunities that are going to take Nigerian to next level, some of such business include:

EVENT AND PARTY PLANNERS
If you have been complimented on your parties, you might be good enough to be party planner. Many people who are throwing parties desperately need your service. Let them know you can handle everything from invitations to the catering, from the entertainment to cleaning up afterwards, from wine shopping to decorations. Best places to herald your services would be entertainment section of most of the daily newspapers, I will recommend some soft sell magazines also, putting an advert slot in some of these magazines will surely go a long way in getting you some customers. Generally, this work goes for a flat fee, depending upon the size of the party. From N15,000 to N20,000. Think of what you are going to make in a year if you are doing at least 2 parties in a month.

BIOGRAPHY WRITING:
A lot of writers are going to be instant Millionaires in 2009. I checked my records and I discovered that a lot of Nigerian Businessmen, CEOs, politicians etc. are going to turn 40, 45, 50, 55, 60, 65, 70, 75 and 80 years old. If you have a passion for writing , target their birthdays , and fix a date for the launching. Some of them have a lot of companies and friends that are ready to donate to the launching of the book. What are you waiting for? Target a Nigerian Millionaires today and become an instant millionaires yourself.



COMPUTER CLASS INSTRUCTOR
Computers have become part of everyone’s life, not only in the workplace, but in the home as well. They are part of our jobs but also part of our entertainment. You can check the computer book section of a bookstore near you. Use the knowledge you have gained by offering to teach other how to begin using a computer, how to use it more efficiently, how to get more out to us specific software programs. This type of class can be offered through your home but you might also consider contacting a local computer retailer and offer to conduct the classes in his/her store. This would bring traffic into the store that is specifically interested in his product as well as give you access to a variety of machines ad software to facilitate your teachings.

PHOTOGRAPHY
All of us have seen professional photographers at sporting events. We may have used the service of professionals for a wedding. But what about the local Pee Wee soccer league of the neighborhood blocks part. Most people like good pictures, but don’t have the knowledge or experience to take good pictures consistently. If you enjoy using a camera, whether it be still camera or a video camera, there is money to be made with it. Perhaps the easiest way to being is to take the camera to a local youth sporting event and begin taking pictures. Be sure to have inexpensive brochures available explaining actions shots of their own little super stars in action. A few big weekends of that type of freelance work will let you see how big this market can be.

SELLING EDUCATIONAL MATERIALS
Selling educational materials is a big business these days, pencils, exercise books, recommended textbooks, graphical tables, and drawing equipment are some of the materials students cannot do without on a daily basis. People who located their shops near these schools are bound to make a lot of money. If you can get your shop near any of these schools are bound to make a lot of money, if you don’t have enough money to rent a shop, you can get a table and display some of theses wares , you can get an umbrella or canopy. Make sure you know the relevant materials that are in demand in this environment; your success in this business is directly related to your ability to sell at a price that is very competitive.

PURE WATER BUSINESS
Do you have fridge, freezer or you live close to cold rooms, then you can start a pure water business. It is true that millions of people are in the business today, but there is still room for one more person who is still passionate to make it in the business. Markets, schools, churches, mosques, football matches playground, and parties are some of the places you can get good business environment. Other ways of making money is by targeting very big programmes, secure a stand, rent a freezer and you will make some money.


PRINTING AND SELLING GSM RECHARGE CARD VOUCHERS
Printing GSM recharge vouchers could equally mean printing money. We all know that GSM recharge cards are the fastest selling product today in the country. Imagine that you are the one producing GSM recharge vouchers that are used in your locality. I don’t know how many GSM subscribers are living in your area but I’m sure Nigeria has over 40 Million subscribers. You can start your own recharge card printing business. The printer costs N38,000, you can start with PIN from N20,000. You Can print and sell recharge vouchers in the values of all MTN, GLOBACOM, STARCOMS and CELLTEL cards. You will never run out of recharge cards or experience scarcity.
HOME-MADE BREAD AND SETTING UP OF BAKERY.
The amount required to set up a Bakery is directly related to the cash at hand. If you want to start small, you can get a small parcel of about half a plot or a full plot of land and build a clay oven, it will cost you about N400,000 to start, while it will cost between N4,000,000 to N5,000,000 or more to start on a large scale.

SETTING UP A SECURITY COMPANY
Setting up a security venture is a very lucrative business, to a lot of people, setting up a security company is a capital intensive project. A lot of people have been scared away from attempting to set up one because of this mind-set and mentality. It is very possible to start or set up a security company with little or no capital. Multinationals pay as much as N65,000 per security officer the security company collects N15,000 while they pay N50,000.

TELEVISION AND RADIO PRODUCTION
Television is a means of communication. Human beings have a need to express themselves and share their ideas with others. Overtime, technology has aided us in reaching out to more people either in our immediate environment or across the border. Nigeria currently has over 140 TV Stations and 200 radio stations spread across the country. There are different types of programme on television and radio; there are current affairs issues that are news oriented, programmes that are critically frictional, there are sports programme, Automobile, Information Technology, Telecommunications, Shoppers Guide, Maritime Television, Politics Aviation, Finance, Insurance, Cultural dances, Personality Profile, Education Programmes, Musicals, fashions Construction, Oil Industry, Religion, Hospitality and Tourism, Real Estate , Dating, Game Show, Agriculture, Women Empowerment Programmes, School Quiz Competition, Teenage Programmes and so on. It is imperative to tailor your programme towards your professional background , orientation and finally interest . Nigeria movie industry is not making money like when it started 16 years ago as TV and Radio production is now more lucrative as TV and Radio producers now rake in Million of Naira from sponsorship fee.

REAL ESTATE
The boom in property sector is already showing in the high cost of cement, even property stocks on the exchange are smelling –hot. This emerging wealth is sure to simmer in to the hands of both the medium and small income earners. It is now glaring that in the face of increased cost of land and property in the real estate sector, there is actually a big opportunity for many who know the secrets of getting it cheap when others are still ignorant and selling high thereafter. After all, that is what real estate is all about, except for the intelligence you need to acquire in order to play in the market rightly. As a new entrant into the industry, all you need to do is be the link between the buyer and the seller, you are entitled to a particular commission.

WEBSITES DESIGNING
Website designer are always in demand by corporate organizations, government agencies, churches and NGOs, they are willing to pay big to get their web site design, some of them are also looking for website developer because some of them need to update the information on their sites. Make sure you don’t price yourself too cheap and make sure you get the require training , wed site designing course can take a week or two if you can browse the net very well, there is a lot of FREE software online that can guide you on step-by-step guide on how to deign a web site.


SETTING UP AN NGO
Setting up an NGO strongly depends on the nature and character of the NGO. However you must make sure you follow your passion. Is it taking care of children? Old people, environment, or solving a social economic problem etc. All you need to do is to start with the little you have, start in your immediate environment. Let all the corporate organizations and individual in your vicinity know what you are doing. You don’t need an office, you can start from your house, look for credible people to work with especially influential individual who can assist you to raise money through their friends.

Millions of dollars are budgeted for NGOs in Nigeria by foreign donor agencies but such funds are returned to those foreign agencies at the end of their financial year.

STOCK BROKERAGE
Stock brokerage business is a profitable business. Like every other money making venture, it has its own challenges. This is because the market is not stagnant, prices of stock move upward and downward. Sometimes as a stockbroker, you may calculate that prices would go down, you may not have taken position. That is to say you didn’t but and before you know it prices have suddenly gone up. However stockbroker have now found their feet in terms of breaking even. The Nigeria stock brokerage business has not been fully exploited. This is because we are only dealing on equities and not on derivatives. Once you have made up your mind you don’t need an office just look for a reputable stock broking firm to work with, the more clients you can convince to invest their money in the stock market, the more money you’ll make.

MAKE MONEY AS A REGISTERED INDEPENDENT PETROLEUM MARKETER WITH NNPC
This is the foremost and mother of all the other routes because it provides you with a expansive area to play in this business. For instance, as registered petroleum marketer with NNPC, you can access the following opportunities: (i) Own Depots (ii) own filling Stations (iii) Import/Export Petroleum Products. However, to become a registered independent Petroleum marketer with NNPC, the starting point is the Department of Petroleum Resources (DPR) – the regulatory arm of the petroleum industry and find out their requirements and what are you want to engage in, either as a depot owner or filling station owner. And once you are able to meet these requirements, you will be given a license for storage and sales.

SET UP A MICROFINANCE BANK
The microfinance, regulatory and supervisory frame work for Nigeria was introduced to galvanize and empower the poor and vulnerable people by increasing their access to factors of production.

Requirements: Microfinance banks would be required to be well capitalized, technically sound and orientated towards lending based on the cash flow and character of clients. The micro finance bank provides for two categories or MFBs. Credibility would be another major issue for the emerging microfinance banks. Depositors would need solid assurance of the safety of their funds, just as the MFB operators would by the same token require some form of guarantee of repayment of their credits.

PARTY EQUIPMENT RENTALS
Renting party equipment has become big business particularly in many big cities. Canopies, chairs, stage platform, ice block, drums, cooking utensils , table cloth and other party equipment are in hot demand by party organizers. There is hardly a weekend when parties are not held. Your initial step is to find out fees charge for items and for how long. Then you charged for items and for how long. Then you should investigate the cost of making or buying some of these items. How much you make is directly related to the number of customers you have . A dozen of plastic chairs is being rented out at the rate between N300 to N400 per dozen, while double canopies go for N800 each.

HAULAGE CONTRACTOR
Haulage includes using trucks and lorries to convey goods from one point to the other. The movement could be within a city. For example from Iddo terminus to Onyingbo both in Lagos Mainland. Also it could be foodstuff from Damaturu in Yobe State to Mile 12 in Lagos State. During conveyance, goods are accompanied by owners. In most cases, truck owners do not go scavenging for loads. They leave their Truck/Lorries to transport companies. While haulage contractors obtain trucks from transport companies to convey goods. As an entrepreneur, your role is that of a haulage contractor. Do not despair when you have to negotiate and go into understanding or agreement with them. Take note, truck owners welcome contracts lasting long term compared to one-off. Let your mark-up be minimal, but you will double your income from payment for goods collected on return trip. Depending on the number of trips and the number of vehicle use, you can earn above N100,000 per month.

SELLING GENERATORS
PHCN’s problems began with the total neglect of the industry by the then military government between 1980 and 1999. the near collapse of the industry was due to the poor funding by the government, mismanagement of the utility , corruption, poor service delivery and load shedding, use of substandard materials, electricity theft, poor revenue drive, non-payment of bills by consumers, and technical and non-technical losses. You can import any brand of generator into the country. If you don’t have money, banks are ready to assist the would-be investors. Just make sure you provide a good after sales service to your customers.

YAM FLOUR PRODUCTS
Processed yam flour is a simple means for the preservation of yam and making them available at our meals table all year round. Besides, it enhances the storage process and the movement of the product. The preservation process may be supplemented with the usage of chemical preservative, which are common in Nigeria markets.

Yam flour gotten through grinding, drying, parboiling, and pulverization process is a favourite Nigerian meal. I visited a company that produces Yam flour recently; I waited for 2hours before I could collect my pack-that means they can’t meet the demand.

FRANCHISING
Do you want to sell foreign products in Nigeria? If yeas, then franchising is for you. A franchise is an agreement or license between two parties, which gives a person or group of persons (the franchisee) the rights to market a product or service using the trademark of another business (the franchisor). Both franchisor and the franchisee have a strong vested interest in the success of the brand and keeping the customer happy. Today Franchising is available to service businesses, manufacturers, retailer, wholesalers, and even professionals services in the medical health care, fast food and beverages, hospitality , educational services, training management, business support, estate management , health, beauty and so on.

For:
· Business Plan
· Feasibility Studies
· Cash Flow Forecast
· Preparation of the Financial Statement
· Sourcing of funds from banks
On any of the above mentioned business ideas.



Contract:
DR. DIKE K. F.
National President
International Youth Empowerment and Advancement Initiative
KM 27 Badagry Exp-Way
3rd Floor, Suite 0017
Opp. Zenith Bank – Coker, Lagos
Tel: 07025378360
E-mail: jgiflagos@yahoo.com


SEE YOU AT THE TOP!