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5 Simple Internet Businesses That Can Be Started With N30,000 In 2023 - Business - Nairaland

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5 Simple Internet Businesses That Can Be Started With N30,000 In 2023 by Ayoaderinola: 2:43pm On Jun 06, 2023
Here Are 5 Simple Internet Businesses That Can Be Started With N30,000 In 2023

Every now and then, we get messages from our students about simple internet businesses they can start.

Their criteria for this kind of business are usually two:

1. Simple and doesn't require much work

2. Little capital to start (around N30,000)

So because we wouldn't want anyone reading this in 2023 to make any mistakes, we decided to break down the 5 ways we know that are working right now.

1. As a freelancer

In this case, you'll be offering digital services like web design, graphic design, software programming, copywriting etc.

The only issue is you'll need to learn a skill first.

And then you'll need to find clients.

Feels like too much time is involved.

Also it's not for lazy people as there's a lot of work involved.

Plus as a beginner, you won't be earning so much.

Our rating? 3/10

That takes us to number 2.


2. As an Ecommerce merchant

This involves simply importing small sized goods from abroad and reselling them at a profit.
The only issue is you need to buy goods, warehouse them, then test to see if the market will like them.

If the market doesn't like them, you'll have to try again.

Too much upfront capital needed.

Lots of testing too involved. And for every test, money's involved.

Plus, importing from China since the pandemic has been stressful.

Though some people have found a way around it by going to their local market, taking pictures of goods and then posting online.

But the issue with this is the lack of variety and the fact you won't be making as much profit as you should - feels like you're working for the shop owners.

Our rating? 5/10


3. As a virtual assistant.

This is one of the easiest ways to start getting paid online because some virtual assistant roles don't require special skills or proir experience. Just willingness to work.

The only issue is you need to find someone who needs an assistant first.

Just like in freelancing, you need clients.

You might also get paid peanuts because most people in the West are used to Indians and Filipinos who charge very low for tons of work.

So you might be working so much and getting paid so little.

Our rating? 5.5/10


4. As a Youtube publisher.

The reason we like this is because you can still be getting checks from YouTube for a video you did 10 years ago.

So every single work that gets on YouTube just needs to blow and boom 💰 🤑 💸

But that's the issue.

You need your work to blow.

Mr Beast who owns the biggest YouTube channel took 5 years to go from 0 subscribers in 2012 to 1 million Youtube subscribers in 2017.

It takes a lot of time and also you have to constantly come up with and test new ideas.

You need lots of patience.

Also you need to have video editing skills.


Our rating? 4/10

5. As an affiliate selling other people's products.

Here, there's no need to create a product.

You simply pick someone else's product and help them sell.

And then get paid a commission.

Depending on the kind of product, commissions can go up to 85-90%.

One of the best ways for beginners to start online.

No need to rent an office or shop.

No need to buy goods or serious capital.

No customer service or handling of delivery as the affiliate platform handles all of that for you.

Can be done with a phone, so no need for a laptop.

Perfect for newbies.

Our rating? 9/10

So if you're interested in learning how to do affiliate marketing well and get paid as much as 250k monthly, you'd be interested in a special masterclass we'll be holding on Thursday, the 8th of June to help any interested person.

Message AYO ADERINOLA on WhatsApp 09030230124 to register and attend the masterclass.

See you in class.

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