With the high level of employment in Nigeria and the dwindling economic resources, it’s high time we start looking inwards to create our own businesses. We have outlined some interesting business ideas that you can start on a very small scale with a very high probability to scale, generate employment, maximize value and contribute your own quota to the development of Nigeria.
1. UBER HAIR
I woke up this morning and this dropped in my spirit, there are so many ladies, women out there who want to buy nice artificial hair but can not afford it.
There are also so many ladies or men out there who are looking for the kind of business to do. Why not approach some of your friends who have lots of this artificial hair and begin a rental service using technology (basic website/app) those that can’t afford to buy N200k can rent from your site/app at say N300 to N500 per day and they use their debit card to make payment, you get a Logistics coy to deliver for you and also pick up after use.
It’s a volume driven business and if you are able to get at least 1,000 monthly, you pay N100 to N300 to get from those who have excess and rent out at between N300 to N500 (average net of N200=N200k profit per time) without opening a shop. This is what I received today and I pray that someone that sees this can run with it and make a living.
Please ensure you think this through, document it properly and check your numbers.
Have a great day.
TO BE CONTINUED
Bayo Ogunusi (TheSme Doctor)
thesmedoctor@gmail.com
08038109095
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