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Low Budget Businesses That Are Profitable. (Pt.1)

4 min read

Low Budget Businesses That Are Profitable. (Pt.1)

Many people erroneously come to the conclusion that one needs a lot of money before he can think of establishing any business.

Every successful company started small, which means everybody can repeat their achievements. The researches say that the time of economic crisis is the best time to start a business.

You may not believe, but the business opportunities in Nigeria are basically endless. And you will not always need a huge capital for starting your own profitable business in Nigeria.

Many of them are possible to start with a small capital. If you are witty, smart and a good leader, you will make money from your business in no time.

You will only have to develop some business ideas in Nigeria and decide which one is suitable for you.

Most importantly, you will not only need to create a successful business venture but put your whole heart and soul into it.

This way, you will love what you do, and it will simultaneously earn you money. Besides, this is the era of technological progress, so it has become easier to make a profit not only by performing regular job duties but also by doing something outstanding on the Internet.

Keep in mind, though, that every business requires a lot of dedication, and you will not become rich overnight.

Today, I will share just some of the businesses that needs a small start up but yield good profits. The rest will be shared in the sequel article to this.

1. Uber Driver

Seeing how many people, especially in big cities, use the Uber service, you can definitely say that the Uber drivers earn good money.

If you are a good driver and know your city very well, you should not pass up this opportunity. Uber driving is one of the most profitable Nigerian business ideas right now, and the best thing about it is that you may work whenever you want, without any obligations.

Some drivers choose to work full-time, while for some it is a part-time job to earn extra money that they do on weekend or after their main job.

2. Social Media Marketing Specialist

It is impossible to live without social media nowadays – so many people use Twitter, Facebook, Instagram, YouTube, Snapchat, and the other popular platforms.

Of course, they are also good sources for making money – you only need to share the content that interests people and gain yourself a trustworthy follower base.

This can be one of the business ideas that you can turn your attention to if you are good with social media and have enough creative content to post.

When you become a popular social media personality or influencer, you can be contacted by major companies who would want you to post their advertisements on your page.

Depending on how many followers you have, you can charge money for their ads. This business idea requires time and patience because you will not be able to create a popular account in one day, but over the time you will understand that it is so worth it.

3. Web Designer/Developer

Are you good at internet designs? Then you should totally try out such opportunity as web design or development.

Even if you feel like your skills are not so professional, you can easily attend related courses or webinars to improve your abilities and get new knowledge.

In a short period, you will be able to create your own websites. This is a freelance job, which means that you can build your schedule yourself.

4. Graphic Designer

If you have always been good with Photoshop, Adobe Illustrator or other similar programs, and possess the artistic skills, then you are recommended to try out the graphic designer freelance job.

There are a lot of graphic designers nowadays, and many of them are appreciated by big companies.

But it also means that the competition is extremely high, and to stand out, you need to be really creative and original. You can start with posting your art on social media and taking commissions – this will get you into the swing of things.

You will have to invest in graphics tablet – most digital designers nowadays use it for convenience.

5. Content Writer

Are you good with words? If you consider yourself a talented writer, then you might try a freelance job connected with writing articles, posts, or advertisements.

Lots of websites nowadays are in need of a creative writer. Some of them also need the administrator to post it on their website, which you will receive the additional pay for.

You cannot only write content for them but create your own blog and post your thoughts there. The best thing is that this job is not full-time – you can do your work whenever you want, not depending on the time of the day.


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