10 Businesses You Can Start With N100,000 In Nigeria

 

10 Businesses You Can Start With N100,000

Searching for a business to start with N100,000 in Nigeria? Search no more. Read this post from beginning to the end to find any preferable business.

“People who succeed have momentum. The more they succeed, the more they want to succeed, and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy.” — Tony Robbins

Below is a list of compiled businesses you can start with one hundred thousand naira (N100,000) in Nigeria.

1. Bedsheet/Beddings Production.


Visit Lagos Island, or Oshodi where they sell bulk materials, pick good designs of your choice, there are guys who will sew it for you are just within the same Market. You can start with less than 100k and diligently grow your money.

2. Shirt Production:

There are tailors in Lagos Island or better learn the skill it will save you all the heartbreaks imaginable. Taiwo Street in Lagos Island is where you should be. Materials ranging from 700 – 1k per yard, sew for 1500/2k, Sell for 5-7k.

3. 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 these babies properly beg your friend on twitter for RTs, we buy 3s pack boxers for 1500-2500 sell yours for 1200 and gradually grow.

4. E-Payments and POS Business:

You can a 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. I paid someone N200 to withdraw 10k in Ikorodu. ATM queue was crazy.

5. Mobile and Electronic Accessories:

Mobile and electronic Accessories such as Pouches, Chargers, USB cables, HDMI cables, earphones and more, can be sourced on Alibaba, Ali Express, Deal Extreme, etc. The more you buy the lower the price. And they are light so shipping won’t be a burden. Sell on here or Jumia and co.

6. Popcorn:

We all know this popular product! We buy it every time. Only require bags of corn – Mile 12 Branded Nylon Sugar, Salt & Butter. The beauty of this is when properly made, its aroma will attract customers. Manual sealing machine -7/9k Popcorn Machine is 65k on Jumia as at the time of filing this report. Popcorn can be served anywhere. It costs less than N40 to make a pack of popcorn.

7. Branding – Sales and Customizing

Football team supporters always want to show how much they’re rooting for a team.

8. Snail Farming:

Snail farming in Nigeria is even more popular, due to its relatively cheap cost of startup and If you market your products well, your business will thrive. This is a business you can start from your backyard. Best in mind, snails take almost a year to mature so Patience is the key!

9. Fairly Used Goods

Fairly used goods such as Jeans, Tops, t-shirts, shoes etc. They can be sourced at Badagry, even Cotonou. 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.

10. Cleaning Services:

Some people find it hard to clean their apartments ‘cos 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.

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Technology Is Taking Over Most The Jobs :How Prepared Are You For This Shift

Technology Is Already Taking Over A Lot of Jobs: How Prepared Are You for The Shift?

Gone are the days when statements like "Everyone cannot be an Entrepreneur" was brandished carelessly. Everyone indeed has to be an Entrepreneur or else you will be left behind.

An Entrepreneur is simply a solution provider, a problem solver. Forget all the big big grammar attached to it, just think innovation and solution provider.

Everyone is gifted in something, you just have to search inwards and locate it. When you locate it, develop and expand it.

Do you know that some of your passion will require a huge amount of money before it can take off the way you want it to? You have to play big to win big.

The money might not necessarily be in setting up. In fact, most start ups don't require much to get started. It might be investment in personal development and skills, hiring a coach, paying for quality trainings etc. All these don't come cheap.

Do you know why Network marketing comes highly recommended? If done right, it will provide you with all the funds you need to take your business to a higher level.

Network marketing is not an end but a means to an end. Choosing it as an end is entirely up to you. However, if you have big personal dreams, you need to step into this platform.

A coach once said to me, "Your passion will not pay your bills at the initial stage, you have to do something you probably don't fancy that is capable of providing you with the funds you need to fuel your passion". He was 100% correct.

When I hear people say they wish they can do what I am doing, I know for certain that they don't have big dreams or a passion that they want to see flourish.

If you do, you will understand that 90% of the people in the network marketing industry all started out afraid but were propelled because they are hungry for a big change in their life.

Majority of us went to the University to study for a degree, some even went further to have a Masters and even PhD but today, all those certificates are not been utilized in the right field. Some even hated the course they studied. What an irony! Wasted years.

Some people justify why they can't own a network marketing business with excuses like " I can't sell", "I don't have time", " Its not for me" etc but they will rather remain jobless dreaming big, like manna still falls from heaven.

Some go about begging for money or looking for freebies all over social media. Just put up a post now that you are giving away 10k and you will see comments explode your notifications. Only 1% of people in that thread truly deserves it. The rest 99%, Smh!

Search inwards for your passion. When you find it, start working on a plan to help you kick start it. If it needs a huge amount of money and you don't have a job or a business that is capable of bringing it to the limelight, take my advice today and partner with a reliable network marketing company, preferably one with very very low entry.

The motto is simple: Play a fool to get what you want.

Yes, you don't need to love it to get started, you need to get started to love it.

Make a bold choice this week to start a network marketing business. This choice will make a big difference in your life in the shortest time possible if you play by the rules.

Leverage is King. Connection is King. Network marketing is all about Leverage. Network marketing is all about Connection. What again remain.

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What You Need to Open Verified USA Paypal Account

How to Open Verified USA Paypal Account

1. A valid email address(s)

2. An active Payoneer US virtual Bank Account
3. USA Citizen Profile
4. Any VPN with a steady US IP address is needed

 Let us start, I am assuming you already have a Payoneer account else visit Payoneer.com and create your Payoneer account. You will be given a US Payment Service Information such as Bank Name, Routing Number, Account Number and Account Type. You will see these when you hover your mouse over the “Receive Payments” menu option and then clicking on the “My US Payment Service Profile” on your Payoneer account. This information is what you will use to verify your US Paypal account.

 Go to fakenamegenerator.com and Sign in using your Google account. Click on the gender and select your gender (Male or Female), leave Name set to ‘American’ and Country to United States and click on the ‘Generate’ button to generate a US citizen profile.
When the US citizen profile has been generated, click on ‘Save this name’ to save the profile with your Google account so you can provide same profile if Paypal request for it in the future. 
Always ensure to use a US IP address while accessing your US Paypal account. You can use cyber-ghost to get US IP address. If you need it contact me, I’m ready to render any help.   

 Write down the Address, Zip Code, Phone Number and SSN from the generated profile. Although the name won’t be needed since you will be opening the account on your own name. Then make sure your VPN is up and running, I use premium Your-freedom VPN. Ensure you use only USA server address. So I always use ems01.your-freedom.de on the VPN because that is their US server address. You can use ip2location.com to confirm your IP location.

 Then visit Paypal.com and click on the Sign up link. Choose your Country or Region as United States and select ‘Paypal for you’ and click on the ‘Get Started’ button. Then fill the rest of the form and ensure to use the same names you used on your Payoneer account on Paypal as well. Use the address, Phone Number and Zip Code you got from the generated profile. In completion a verification link will be emailed to you.

Click on the ‘Activate’ button on the email sent to you to begin the activation of your Paypal account. You will be asked how you will prefer to verify your Paypal account either via Credit Card or Bank Account. Since you already have a US Bank Account via Payoneer, choose the Bank Account option and add your Payoneer US Bank Account details such as Bank Name, Routing Number, Account Number, etc.

Paypal will then verify your US Bank Account by depositing two little amounts less than a dollar each to your Payoneer account. You will be required to correctly enter the exact amount Paypal deposited on your Payoneer on your Paypal account to finally verify and activate your Paypal account. It takes 2-3 days to verify Paypal account. Once the US Bank Account has been verified your Paypal will be activated and you can start using it to receive and make payments online.

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How to Use Payoneer Account to Open USA Paypal Account

Open USA Paypal Account With Payoneer 

Master Card

What you need USA Paypal Account for is USA or other international transaction. If the site does not accept Nigerian address, how can you have a USA address for it? You are into online biz, and the only payment method is Paypal, you always have customer from around the globe but you can't receive payment because you put in Nigeria Paypal account?

As per using Payoneer Card on an American site, you can use the US address of anyone you know living in America or Google Nigerian companies in the US that ship into Nigeria and use their address and shipping services. In your own interest, I would advise you to go and read Payoneer Terms and Conditions of Service carefully before you embark on opening your Payoneer account.

Payoneer can be added successfully and two cents will be sent from Paypal to your Payoneer which is good for opening door for your Payoneer account. It is not a must you add bank account but you can complete other items which will make your account to be in 80% status which is satisfactory.

If you compulsorily need to verify your account by adding bank account, Payoneer has an agreement with Bank of America to allow their clients open a US Checking Account. So you can use this account to open a USA Paypal account. Payoneer charges 1% for every deposit or payment into the account and a yearly maintenance charge of $29. 

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How to Make Money Online In Nigeria from Payoneer Affiliate Program

 

Make Money Online In Nigeria from Payoneer Affiliate Program 

Payoneer as you may already know, is an online payment company for receiving and making payments online. They issue you a U.S bank account, routing number and a prepaid MasterCard you can easily use to transact business online for free.

 One thing majority don't know, or know but don't implement is the fact that you can actually make a lot of money for yourself through Payoneer affiliate program by simply referring your friends or colleagues to Payoneer.

You earn as much as $25 dollars when someone opens a Payoneer account through your referral link. And the thing is, it doesn’t end there. As they too earn $25 for registering through you.

How it works?

It’s pretty simple. You tell a friend about Payoneer, and if they are interested, you send them your affiliate link. And once they signup through your link, you are good to go. All you have to do is waiting! Once they make up to $100 on their Payoneer account, you get $25 credited to your account (that's up to  N9500 using the official zenith bank Payoneer dollars exchange rate of N380). And while you are getting this, he or she will also be credited with $25. Meaning it’s a Win-Win situation and you have absolutely nothing to lose.

You might say; how the hell will I wait until they make $100? How will they be able to make that in the first place? You don't have to worry. As there are many ways one can make money using their Payoneer account and since they too will be getting their own share of the cake ($25), they will do well to see that they make $100 before you know it. You can check-out the Terms and Conditions to be well guided.

How to Start Earning?

1. First, you have to Sign up here. You stand a chance to earn your first $25 by signing up through the link. Click here to learn how to sign up.

2. Tell your friends about Payoneer. If they are interested, send them your affiliate link (same as your referral link) to click and create their account.

3. When their account is approved, their card will be shipped to them. Now, what left is for them to receive or have up to $100 in the Payoneer account and you both will get $25 for free.

4. You can choose to keep referring and keep earning.

Tips for Referring a Friend

Send your referral links to them by email

Share it on social Media like Facebook and twitter. Make sure you include the benefits of signing up through someone in it.

Share it on a blog post like this one.

Help friends with signing up. If you can help your friends, it will be a lot easier as you have everything in control.

To start earning right away, click here to sign up through me. 

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How to Withdraw Funds from Payoneer to Your Country Bank Account

 

Withdraw Funds from Payoneer to Your Personal Bank Account 

Payoneer is a company that has been a blessing to Nigerians and the world at large as far as receiving and making payments online is concerned.

Recently, I learnt that Payoneer supports direct withdrawal of Payoneer funds to local bank account. So if you work and get paid online through Payoneer, and finding it difficult to withdraw via PayPal or through Payoneer MasterCard at ATM machines, follow this step by step guide to learn how to withdraw your money straight to your local bank account.

It is a service payoneer calls "withdraw to bank" that enables all Payoneer account holders from selected countries to withdraw funds from their Payoneer Account directly to their personal bank account. So for you to use this service, you will be required to provide a bank account in your name or an account that is owned by you.

However, if you own the account but it is not in your name, you may be requested to provide a supporting account ownership documentation.

How to Add Your Bank Account to Payoneer

1. First, log in to your Payoneer Online Account or sign-up here to create one.

2. From the menu, go to "Withdraw" and then "To Bank Account".

3. Then, if this is the first time that you are withdrawing funds, click

"Add Bank Account" and follow the on-screen instructions to proceed.

How Can You Withdraw from Your Payoneer Accounts to Your Bank Account?

After adding your bank account to Payoneer using the above procedure, it will take a while for Payoneer to approve it. But once they do, you can then withdraw Payoneer funds to the bank account using the steps below.

1. As usual, log in to your Payoneer Online Account.

2. From the menu, click on "Withdraw" and then go to "To Bank Account".

3. Select the account to which you want to transfer the funds.

4. Fill in the details of the transfer and click on "Continue".

5. Fill in the Security Confirmation page and submit your withdrawal request.

What Are the Fees Associated With the Withdraw to Bank Service?

The last time I checked, there is no setup or recurring (monthly/annual) fee attached with the Withdraw to Bank Service offered by payoneer. However, the transfer fee may vary according to the selected country and currency in quote. To find out the relevant fees for your country and currency, please contact Payoneer on live chat.

NOTE: This service is currently not available to all payoneer account holder. And only available in select countries of which sadly, Nigeria was not included. See list of supported countries in payoneer withdraw to bank service.

Is the Payoneer withdrawal service available for your country? Don't worry my next edition will be on how to withdraw payoneer funds at a much more higher rate to what the banks and ATM machines offer you. Trust me you gone love the rates.

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