With the advent of increasing smartphone users and internet penetration in Nigeria, the e-commerce industry has witnessed a tremendous growth since 2010. The e-commerce and m-commerce industries are set to record even higher growth in coming years. The popularity of online shopping sites like Jumia, Konga, Payporte, and Yudala have…
Entrepreneurship
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Are you looking for an online business opportunity or idea with a low investment in Nigeria? Then this post is for you. Internet penetration in Nigeria is at its all-time high. According to a report by NCC in June 2017, Nigeria has over 91 million internet users out of a…
Should I bootstrap my business or raise a venture fund? This is a popular question for every entrepreneur that has started or planning to start a new business enterprise. It certainly depends on your goals, your industry, how much capital is required to get started, your personality and your relationship…
Entrepreneurship could be your ideal choice when you are bored with your 9-to-5 schedule in the office. Now, being an entrepreneur, you can build your start-up from anywhere, even from your home! The home-based business is a wonderful plan that can change your life and bring success to your doorstep….
As we head into the new year 2018, there is a great need to acquire some digital marketing skills that help you stand out in business. The need for digital marketing skills has never been higher, yet the digital skills gap has never been wider. This discrepancy can provide you…
Productivity is key to any successful freelancing career. When you’re running a solo business, the more task you can get done on any given day, the more you can earn. Despite enjoying the freedom and flexibility of being a freelancer, it takes a lot of self-motivation to stay productive. There…
Need a coworking space in Lagos, Abuja or other cities in Nigeria? Discover the top 10 co-working spaces for small businesses and entrepreneurs in Nigeria. As a business owner, we are always looking for ways to cut costs. If you operate out of a metro city, its difficult to find…
The coolest way to eventually become your own boss is to start a side hustle and build your self-employed income while you still have the safety and security of your day job. This is what modern entrepreneurs refer to as Hybrid Entrepreneurship. Hybrid entrepreneurship is identified as the process of…
Skills and knowledge are the driving forces of economic growth and social development of any great nation. Despite the current high level of unemployment, harnessing Nigeria’s young demography through appropriate skill development efforts provides an opportunity to achieve inclusion and productivity within the country. Large-scale skill development is the main policy…
Literarily everyone needs a mentor at one stage in their life. For entrepreneurs, turning a passion into a business is the ultimate dream. But that dream doesn’t come easily. It’s hard work, and there are challenges around every corner. Fortunately, entrepreneurs don’t have to do it alone. Their chance of…
Let’s face it, 80% of new businesses and startups will fail for one reason or another within the first three (3) years of getting started. Why is this so? New startups are coming up everywhere throughout the nation with Lagos and Abuja being the Silicon Valley of the majority of these startup businesses….
The truth is, some of these small business ideas are neither ingenious nor new. But by having street smarts, the right team, risk tolerance, passion, and perseverance, they can become multi-million naira (or dollar) enterprises. Here are 10 small business ideas that will have you raking in millions in no time….