Top 15 Profitable Business in Nigeria That Will Make You Earn Million Of Naira

Wow ! Our economy is blessed with numerous natural endowments and also abundant human resources as consumers and also as workforce. Are you still in search of non-existence white collar job ? Are you still thinking of investing in Nigeria but don’t know where to start from or which business to invest your money into ? Are you still an employee of labour who is still receiving below what is paid to you during your National Youth Service Scheme (NYSC) Check out this "Top 15 Profitable Business in Nigeria That Will Make You Earn Millions Of Naira" (1) Establishing Kerosene Depot – Setting up a small kerosene depot is a fast moving business outlet, kero is a vital natural resources that almost all the people in the society today request for numerous things. From there you can grow into the real oil and gas sector. (2) Poultry Farming – Poultry business is making average Nigerians rich today. It is so lucrative that even outsiders are coming in to invest in poultry farming business in Nigeria. And why not, In a country of more than 150 million people, what would you expect? If you start with 500 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making up to N10- N15 million annually. (3) Cassava Production – Wise Nigerians today are beginning to turn their attention to this aspect of farming that have been neglected over the years. Cassava derived foods are some of the most consumed in Nigeria. If you can invest in planting 50 – 100 Acre in a fertile areas like Anambra, Ebonyi, Benue, Taraba, Ondo State etc, your harvest will be great at the period of maturity if properly blended. Try and utilize this opportunity now since the federal government of Nigeria have launched a bread made with cassava instead of flour. (4) Importing Fairly Used Cloth – Fairly used market in Nigeria is very big and many people prefer to buy used items that are high quality than buy fakes. The cost of buying and importing used cloths is low compared to the prices in the market here in Nigeria. You can import in neighbouring countries such as Benin Republic, Ghana etc. (5) Trading Of Furniture – Buying and selling of Locally make furniture is a goldmine. Listen you don’t need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sale in your showroom. It is a very big business in Nigeria as only few can afford the imported designers. Orji Uzor Kalu have a furniture merchandising firm under his Slok Group as a trader and today he is among the movers and shakers of Nigeria economy. (6) Rearing Of Snail – Snail farming is one of the choice Animal farming for many reasons. It is a low capital investment with high yield and the market is big. There are few people currently doing this – and most of them are doing it in a very low scale. If someone invest heavily in Snail farming, he is sure to make good money in Millions within a year. (7) Rice Production – There is no doubt, rice still remains the most consumed food staple in Nigeria and Billions of dollars goes into importation of this product yearly from China and Thailand as given by the federal ministry of agriculture because the local farmer are unable to meet up the demand due to poor funding and limited knowledge. With the little you have, I believe you can make it in this field. (8) Production Of Fruit Juice – Hey ! Am not talking about buying sophisticated machines or employing large workforce, no no no start from little. Nigerians consume fruit juice more than any other people. That’s why companies like La Casera and Chivita who came into the country as nobody are today making billions of naira annually. Though this business is capital intensive but if you can afford it, it’s well worth it. (9) Sachet Water Production – You know how popular this is in Nigeria and how many that are dispensed daily. Though this business is capital intensive but well worth investing into, especially if you can manage it properly with professionalism. Identify a target market and satisfy them properly, with time your commodity will have name in other localities. (10) Haulage Services – The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one. (11) Fast Food Eatery – Eatery business is another goldmine though poor management can send you parking! If you wish to go into this business, be sure to get everything right and don’t forget it’s a bit capital intensive and requires good management skills. But if you get everything right, free money is yours because it is one of the necessities of man. (12) Dry Cleaning Service and Janitorial– Professional dry cleaners at affordable prices are scarce in Nigeria. What we have are professional Dry Cleaners whose service fees are extremely high or mediocre dry cleaners who can never keep with time. Give them cloths today and meet it unwashed after one week. This business is a money maker if you balance it up. (13) Professional Cum Branded Car Wash – This business is good if you can set it up in a strategic location where there are good number of cars such as housing estates. (14) Nursery and Primary School – School business has no rival among it’s mate. My siblings school fees take away thousands of naira per term just to learn ABC and 123. There are about 3-5 schools in a my street at Awka yet all of them still have pupils. (15) Investing in ICT Industry – There are numerous things computer can help you attain. This is a new crop of powerful investment opportunity that is creating Billionaires around the world including Nigeria. It’s simple! You don’t have to be a Technocrat first, all you need is to look for creative online startups with good ideas and invest in. Within 1 to 2 years you will be counting your profits in dollars. All Right Reserved. Chinonso Kalorz Nwakalor (Entrepreneur, Online Publisher, Motivational Speaker) +2348039260270 (WhatApp) +2348147229779 BBM : 7EF1804B www.kalorznigeriamedia.wordpress.com www.kalorznigeriamedia.blogspot.com

8 Qualities Of A Successful Entrepreneurs

8 Qualities Of a Successful Entrepreneurs There are entrepreneurs who are extremely successful and everything they touch seems to turn to gold, and there are some that do not see as much success. What are the deciding factors that separate those that crank home run after home run and those that struggle at the plate? While the majority of entrepreneurs have no problem working hard, not all work smart and possess the following entrepreneurial qualities responsible for driving success. 1. Not being afraid of delegating tasks. As entrepreneurs, we tend to always have a full plate and feel that we can take on any task. In reality, if we keep adding to the already-full plate it is eventually going to collapse and create a mess. Don’t be afraid to delegate tasks to an experienced member of your company that has the ability to get tasks completed. Related: Successful Entrepreneurs Do These 5 Things Daily 2. Managing time effectively. Proper time management is necessary to distinguish between extremely urgent tasks and those that can wait. Use a notebook or whiteboard to prioritize your tasks by writing them down. Mobile devices and tablets have calendars and notepads, but nothing is more effective than actually writing down your “to-do” list. Focus on one task at a time and don’t let new “to-do’s” disrupt your focus. Knock them out one at a time. 3. Visualizing goals and success. You need to see your goals and success in your mind first if you plan on making them a reality. Not only do you need to visualize the end result, but you also need to visualize every step that it is going to take to get there. Napoleon Hill said it best: “What the mind can conceive and believe it can achieve.” 4. Listening and communicating well. If you aren’t a good listener and communicator it will result in miscommunications and wasted time, not to mention added work to correct the miscommunications. Time is one thing that all entrepreneurs would like more of. How often have you wished there was more hours in a day? Avoid wasting priceless time repeating and redoing tasks due to poor communication. 5. Understanding your time is valuable. While it would be great to be able to give everyone the time that they wanted, it would leave you with little to no time to accomplish the things that you need to get done. If a sales representative has a question, they should address it with the sales manager. If a customer has a question they should be speaking with your customer-care representative. While people might demand your time, it doesn’t mean that you have to grant them the time. Your time is valuable, so don’t waste it on disruptions that should be handled by other members of your organization. Related: The 7 Traits of Successful Entrepreneurs 6. Seeking help when you need it. We often let our stubbornness prevent us from asking for help. Have you ever been stumped and someone comes along with the answer and you think, “Why in the world didn’t I think of that?” Often times a clear mind and different viewpoint can quickly solve a problem or provide an answer to a question. Don’t be afraid to ask for help when you need it, as it can also help to strengthen the communication within your organization. 7. Getting out of the office. As an entrepreneur, you have probably spent several 18-hour days behind your computer or worked through the night late at your office until the sun came back up. It is important to break your day up, for both your physical and mental health. Take a few breaks throughout the day and walk around the office or take a walk outside to clear your head and give your eyes a break from the computer. Leave your office for lunch, even if you bring it -- go eat outside and get some fresh air. Want to jumpstart your day and have healthy energy throughout the day? Go to the gym bright and early before you hit the office every morning and get a good workout in. You will have a clear mind, abundant energy and improved mental focus. 8. Giving back. It is important to understand how lucky we are, as entrepreneurs, to do what we love. When you are appreciative of what you have accomplished and then take a step back to see what you can do to give back, it gives you a feeling like no other. My company helps several 501(c)(3) organizations with their nonprofit marketing each year. Helping several nonprofits that support causes I believe in is a great feeling. “You can have everything in life you want, if you will just help other people get what they want,” said Zig Ziglar. Nobody said being an entrepreneur is an easy thing to do, and while these qualities will not translate into automatic success, they sure can help. What other qualities do you feel are important? Let us know in the comments below.