When gracing the New Year 2020 a few months ago, everyone’s dream is to make enough money or yield a positive turnout within the year. But due to the Coronavirus worldwide pandemic, some of the dreams of becoming a millionaire or making it big within the year has changed drastically, whereas unemployment and job loss are now the major talk in town. Hence, the search for extra online income or how to make money from home has now increased drastically in the country.
I know you might have come across many blogs with various ways to make money from home without leaving your sitting room, but after several efforts, you discovered most of them are not achievable.
To be candid unless you win a jackpot, to make money during and after the Coronavirus pandemic requires hard work and persistence, that’s why you need a side hustle or other legit business you can start that will gives you an incredible sense of freedom and requires little or no capital to set up and make more money without waiting until retirement.
Businesses You Can Make Money With
Though, you can choose 2 or 3 amongst these businesses to start with, in as much it fits your skills and you have reasonable resources at hand to commence it. After careful consideration and planning, below are few legitimate businesses you can start and make more money:
1. Sports Viewing Center
The passion for sports like football can be translated into starting a one man business tailored to showing football games. With absorbing football competitions like the UEFA Champions League, the English Premiership, the Spanish Liga amongst others, there is a demand for viewing these games live.
All you need to get started is an affordable satellite TV bouquet, Brand new or fairly used TV sets, ample spacing and seating arrangements and a couple of hands. With appropriate pricing packaged and excellent customer relations, the sky is your limit on how much you’ll be making to your pocket.
2. Makeup and Gele Tying
It is amazing how this skill has turned into a gold mine lately. If you offer professional Make-up and Gele Tying services you definitely be making really good money to your pocket. Nigeria being the upbeat country there is always Partying ‘Owambe’ almost every day especially the weekends.
All you need is to get your makeup kits and as well download some videos from YouTube to give you more knowledge of the need concept you can introduce to your client to beat up the competitive market.
3. Employee Recruitment Service
Employers realize that it costs them a lot of money to hire new employees. That’s why they want to retain top talent that fits their organization, Instead of doing this themselves, just to saves more of their time in interviewing each candidate which may result in a loss in some other aspect of the organization they turn to a recruitment agency, which is also known as a staffing agency or employment agency.
In fact, the turnover for a salaried employee making $60,000 can cost a company between #80,000 to #100,000, and aside from the registration form fee you earn from each candidate, you can as well have a percentage in the first and second salary of the successfully selected candidate.
4. Teaching Courses Online
If you are the kind that is good at tutoring or has knowledge in specialized areas? Then you can earn money by teaching people around the world. Basically, all you have to do is to create an online video course and you will get paid every time a student purchases your course.
Online learning and teaching marketplaces like Udemy, Coursera, and even YouTube. Online courses help people learn new skills, advance their careers, and explore their hobbies so sharing your knowledge will help millions of people all over the world.
5. Business Consultancy
With so many entrepreneurs looking to launch their own business they need advice from someone who can guide them on how to start from scratch, manage and grow the business to its peak.
Once you know you’re capable and experienced enough with successful tips on starting and running such numerous businesses, then you can equally open a business consultancy firm where you can offer your knowledge, ideas, and experience to aspiring business owners who are in need of such magnificent services.
Photography is a great side hustle, especially in a country where people are partying continuously and event are organized every weekends. And no matter how it might be the services of a photographer is always needed as people believes in having the memory of an event kept intact.
If you are good at taking pictures, all you need do is to get a camera or you can as well learn some photography tips through Youtube or some other online courses.
7. Financial Services (Auditor)
There are huge demands from many organizations for the services of an Auditor who will take care of their Accounting works, Bookkeeping, Auditing, and Tax Preparation, even when the economy isn’t doing that well.
In fact, according to 35.7% of respondents to the World Wealth Report, financial services were one of the sectors most likely to create millions and as such, I can guarantee you that it’s a lucrative business that can never liquidate. All you need is to have a certificate of knowledge in either Accounting, Mathematics, Statistics, Banking & Finance, or Economics.
With the coming of online advertising, being a blogger now pays big time. With blogging, all you need to do is build your audience and top brands will come knocking at your site. You can also sign up for Google Adsense and google pay you to put ads on your blog. To start blogging and earning money, all you need is your Smart Phone and little resources. Once you have a passion for writing on a specific topic (niche), then starting a blog is a great side hustle you can start with your smartphone and earn money online.
To get started, as a newbie all you need is to register your account with WordPress.com or Blogger.com and started blogging. But to go pro, you’ll need a hosting package like DomainKing and a domain name that is suitable for your niche and start writing your articles and let the internet showcase you.
9. Training Service
Knowledge is not lost as they used to say, Training Service be it physical or educational is a broad industry where you can apply your previous knowledge and expertise and put it into use. You can either be training high school students or start an instructional school, such as Driving School, Dance Class, Craft & Tailoring Class, etc. as this are one of the lucrative business one can lay hands on it the economy.
10. Web Design and Maintenance
Being a Web Designer and Developer is one of the lucrative and profitable businesses that can earn enough money in your pocket. If you have web design skills and with the advent of WordPress with various template Themes and Plugins, you can easily make up to N300k on the job. Web design is now gaining more attention in Nigeria today because businesses are now realizing how important it is to build an online presence. This is a great technical skill you can render as a side hustle and, eventually, turn into a serious full-time job and make money for a living through it.
Agricultural Business is one of the most evergreen flourishing businesses in the economy in which any individual can start and make enough money to start a living from it. You don’t need a huge capital or farmland to get into the agriculture business. Once you have a little piece of land in your backyard, you can plant some crops or rare some animals in small or vertical containers to get the most out of your space.
12. Social Media Management
This business is in high demand in these recent times and I can guarantee you can make enough money from it. Almost every brand is looking to build a great social media presence and would pay quite well for it. With be a social media manager, you can turn your skills, passion, and time into a money-making machine. All you need is an internet-enabled device, Data and you are good to go. To find social media jobs, you can start by searching Google for available jobs or signing up for gigs.
13. Private Tutor
Parents are always on the look for private home tutors to coach their children after school hours. You can sign up on platforms to land private coaching gigs close to you that you could easily handle every day after work hours. To get started just visit google.com and search relevant gigs on a private tutor.
14. Cleaning Services
As the fear of the coronavirus spreads, it’s no surprise that professional cleaning services that sanitize offices, markets, hospitals, homes, and other public places are in high demand. The demand for cleaning services has increased substantially for commercial buildings and medical facilities in light of the Coronavirus. A lot of people are counting on smart cleaning services to keep their environment germs-free (hygienic). business is picking up for cleaning services that some are hiring additional workers as clients want a more frequent deep cleaning. If you have background experience in cleaning, this could be an opportunity for you.
15. Investment Firm
There are so many investing and trading opportunities out there that you can take advantage of. Being an investment firm you could invest in anything from commodities like oil, gold, and bitcoin, as well as stocks and bonds. Another profitable business idea is forex trading. It’s risky, but if you’re careful and tactical, you can easily work your way up to millionaire status.
READ ALSO: BEST TOP CRYPTO COINS TO INVEST IN 2020
16. Cab Driving
Of course, you saw this one coming! An average Uber driver in Lagos works about 30 hours per week and earns about NGN 58,860 for the week’s hustle so you bet this will be on the list. Cab driving has been saving lives and feeding families for generations now; from the local taxis flying the state’s colors to the ride-sharing service cabs like Uber and Taxify. So if you own a car, this is a good time to use it for your own advantage by fetching money into your bank account daily at your own time or you can limit this hustle to weekends only based on your discretion.
17. Real Estate Agent/Brokerage Firm
Nowadays, people are always in need of residential apartments, office buildings, shops, and commercial outlets. They look to either buy or rent buildings and structures of their choice, and they sometimes need to consult a real estate agent or expert before making their choices. All you need to do is to tap into the goldmine industry by becoming the intermediary (Estate Agent) between the owners and the people in need of it.
As a real estate agent, just look for available house, land, or apartment in your area, meet the owner or the landlord and know the selling/leasing price, add your commission (10%) to the selling price and once the deal is finalized, your commission will be paid to you. Imagine selling land worth 5 Million and you are been paid 10 percent of the money which is 500,000 on a go.
18. Phones & Laptop Repairs
This is a very profitable business as we are now in a digital era where people cannot do without the internet and as such there are high demands for Mobile Phones and Laptops. It is an unavoidable fact that these gadgets do breakdown and people want to get them repaired, but often end up taking it back to wherever they purchased it or have it returned back to the manufacturing company before getting it done. Being a Phone/Laptop repairer in your local area could give you a great opportunity to start your own business and make extra money, or you can add a repair service to your existing business if you already deal with electronics or phones.
19. Automotive Rental and Leasing
With the emergence of ride-sharing and on-demand services like Uber, Lyft, and Zipcar, more and more people are looking to rent and lease vehicles instead of purchasing them and once you have a car in your custody you can as well put it up for leasing and make your money.
20. Proofreading Services
Proofreading Services is a lucrative job for those who versatile with the Uses of the English language and have the patience to meticulously scrutinize tons of written material, then starting a Proofreading service as a one-man business could be the way to go. It entails ensuring the correct use of grammar and lexis, in a bid to help customers express their thoughts logically, correctly, and otherwise.
A major perk of Proofreading is the possibility of dealing with a wide variety of materials, ranging from medical journals to novels and opinion pieces. You can raise your charges as you gather expertise and a larger client base. Proofreading is a good one-man business that can be carried out from anywhere.
21. Mobile App Developer
With almost 5 billion mobile users in the world and the advent of Google Playstore, the mobile app is a necessity for every phone using either android, iPhone, or even Tablets. All you need to do as a Mobile App developer is create an educative or entertainment app (i.e. games app, puzzle, quiz, or video streaming app) and upload it to Playstore for download. You can monetize it through upgrading, in-app purchases, or by displaying Ads on the app and start making your money. As much as mobile usage continues to grow, this will always be an evergreen business that will continue to skyrocket over the years.
22. Daycare/Babysitting Services
This one man business idea can be a fulfilling venture for entrepreneurs who have a love for children and possess the talent and patience to build great relationships with them. With increasing numbers of families that are on rise economically, there is an urgent demand for caregivers who will tend children, in the absence of their parents/guardians.
A good place to start could be with the kids of close families and friends. You can decide how many kids you can start with, the ways and means of keeping them engaged amongst other considerations. What is required is ample space, an online and offline presence and call cards.
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Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, it purchases the product from a third party and it is shipped directly to the customer. This is an awesome way of making money when you don’t have the time to invest in a business. All you need is the internet. You don’t need a physical store, products in stock, or need to worry about logistics. One of the most important aspects of dropshipping is finding reliable suppliers who deliver products on time, without faults, and as described. Process orders within 24 hours using fast shipping methods with online tracking like FedEx, understand the importance of quality, and keep you informed when there are potential delays or when products go out of stock.
With drop shipping, you can have a factory make products specifically for you (this is called private labelling) or have the products packed with your branding and logo (this is called white labelling). Although private and white labelling may sound cool, do remember that it will be your responsibility to send the products to your customers when they make purchases, which means you might have to incur extra cost.
24. Mobile Restaurant/Food Delivery
This industry has been booming the last couple of years as customers are looking for affordable and quality food while on the go or delivered to their home or office. For those who have always wanted to start their own restaurant, this is a more profitable business since it eliminates the high cost of starting and maintaining a restaurant. The average food truck can generate close to N500,000 in one year.
The demand for copywriters/editors right now is at an all-time high. If you are good at content writing, you can offer your services to a lot of brands, companies, individuals from anywhere in the world. Organizations of all sizes are in need of talented writers to either compose press releases or content like blog posts. Once you have these skills and a strong portfolio, then you can make a very comfortable living from writing.
26. Event Planning Services
Do you have the creative acumen to decorate and put things together in a unique way? Do you also possess excellent interpersonal and man-management skills? Then starting an event planning/coordinating business could be the right one-man business for you. From wedding receptions to birthday parties to house warming ceremonies, there is never a dearth of opportunities in that service sector. Coupled with the fact people are increasingly outsourcing the task of organizing such events, event planners can be guaranteed a steady stream of income/profits. All that is required is an eye for the creative, a competent team of assistants, some substantial experience, and referrals from friends and family.
27. Transcription Services
Working from home as a transcription provider is an ideal business for those who have good Typing Skills, Command of Spoken and Written English, as well as any other languages and, are particular in their approach to the usage of such language in solving any issues. There is a growing demand for transcription services, especially in specialized fields both online and offline.
Experience does not really matter nevertheless the more experienced you are, the greater the opportunity of you earning higher pay rates. However, acquiring necessary certifications can be achieved via enrolling in online transcription courses and programs. All that is required is self-motivation, aptitude for industry, a reliable internet connection, Desktop or Laptop and a headphones.
28. Interior Decoration
You would be surprised at the number of people that are ready to hire someone to help them decorate their home or office, and that’s especially true of those who have a specific taste for decoration and style but don’t know to get about it. You don’t need any professional certificate to start doing this business, but if you think otherwise there are many vocational schools that you can get that from or you as well get from numerous online class.
By now, I believed you’ll have decided which one or two to venture into. If you’re already into one of them, please tell us about your experience so far and if there’s anything else I’m missing out, let me know by dropping your comment below. Also make sure you share this content so that others can benefit from it