7 Side-hustles Lucrative In This Recession Without Mumu Money Multipliers - Business - Nairaland
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| 7 Side-hustles Lucrative In This Recession Without Mumu Money Multipliers by naijacutee(f): 12:21pm On Dec 14, 2016 |
There are a few businesses you can start in this climate (with less than N10,000), depending on what skills you have, and what services are required on your local vicinity. Here are some ideas from Mrpepe.com 1. Real estate brokerage Last weekend, my mum took time out of her busy schedule to drive 15 minutes to give ₦50,000 to a woman she hardly knew. She had met the lady at church a couple of weeks prior and told her about a flat she was trying to rent for ₦500,000. The lady found a tenant for my mum, and automatically earned ₦50,000. Just for a referral! That’s the way it works around here. 10% automatic “agency fees” for property referrals. You can make 10% of the price of renting or buying a property, just by connecting property owners with buyers or tenants. 2. Driving an Uber If you live in Lagos or Abuja and can drive (or you have access to a car) then you can make some extra income by being an Uber partner. Uber partners can be drivers, car owners or even car owners and drivers. Through the app, Uber notifies partners of people close to them who need a taxi. The partners collect and drop off the passengers, payment is deducted directly from the passengers account and the partner is paid directly in to his/her account (minus a 20% Uber fee). The registration process is outlined in-depth over here and you can register as a partner using this link. 3. Becoming a wedding MC If you’re a social person who enjoys attending weddings and speaking in public, you can consider a side hustle as a wedding MC. The recession hasn’t stopped people from marrying each other. In fact, weddings are one event which most people don’t compromise on, and an MC is a vital part of each wedding. If you charge ₦35,000 for each wedding, and officiate a wedding each weekend, that’s an extra ₦140,000 in your pocket each month – some people’s monthly salary! 4. Leaflet/Flyer distribution This is a very easy hustle to get into. Every business needs marketing, and if anything, in these times, business need to market more to gain new customer to help them balance the books. How this works is that you can offer businesses a flyer printing and distribution service. Use a flyer printing service such as Printivo to print the flyers, and then recruit people to distribute them in shopping malls, banks, car windshieds in churches etc. 5. Selling your arts/designs internationally If you’re artistic (or even know someone who is), you can sell T-shirts with your artwork printed on them, with little or no capital. All you need to do is sign up to print-on-demand websites, and they showcase your artwork to a global audience. In this guide, we explain how the whole process works, and also provide a list of international websites that offer this service. 6. Content writing If you love writing, you can very easily offer a content writing side hustle. Most businesses online need copywriters, and there are ALWAYS jobs available if you know where to look. Join content writing groups on Facebook, and you will be kept very busy. 7. Reviewing websites If you have a data subscription, and the ability to record a video, you can make money testing websites for clients. You get paid up to $10 per website you review,so if you multiply this by X, you can make some serious money in no time. All you have to do is provide feedback on the design and general performance of a website, and companies will be willing to pay you for this. Source: http://www.mrpepe.com/banking/side-hustles-that-can-get-you-through-the-nigerian-recession/ 3 Likes 1 Share |
| Re: 7 Side-hustles Lucrative In This Recession Without Mumu Money Multipliers by JohnNgene: 7:45am On Feb 03, 2017 |
Wow! Thanks for this article Aunty Naijacutee. These are the types of economic-empowerment threads that should be on Nairaland front-page. |
| Re: 7 Side-hustles Lucrative In This Recession Without Mumu Money Multipliers by Nobody: 3:26pm On Mar 19, 2017 |
JohnNgene: I agree Sadly today many young come to business with a "lottery" mentality where they hope to score BIG without the necessary groundwork |
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