How to Start Up an Online Business in Nigeria (Updated 2020) – The world over the years has metamorphosed into an incredible massive global entity.
Gadgets are now common like air, even the indigent dark colonies and those leading primitive lives own a tech gadget and yet defecate in the open.
The business has never been this interestingly awesome and a no-brainer in the 21st century.
Almost everything under the sun can be blogged about, searched on Google and propagated online.
The comfort and ease of online business platforms afford its patrons is priceless and rewarding.
So you don’t get to wake up 5 am at dawn and get flustered up trying to wrap up morning chores and rituals just to beat the Lagos traffic at third mainland bridge or at Oshodi-Apapa expressway.
You work at your own pace behind your personal computer screen and at your volition and time frame.
Is there any easier means to wealth than this?
Aside dubious means that require you playing fast ones on unsuspecting victims?
I bet your answer is a big NO.
So you’re hatching a plan of starting an online business and you’re sort of lost about the nitty-gritty and how to get your foot on the door, well that confusion is in order as it has pricked your curiosity into searching which led you here by the way.
The power of knowledge is still timeless and indispensable, so armed with your zeal to succeed and the information that will be shared here, you’re sure to get your foot on the door of virtual business and earn real money that might seem like a dream at first due to its unbelievable profit involved without you sweating it out in corporate slavery or toiling your precious life under the scorching annoying heat from the sun.
So at the risk of you seeing this article as a jabberwocky, I’ll quickly delve into the primary purpose of this article.
How Can You Start An Online Business?
This question can be answered by asking yourself three prime questions. The first one goes thus;
What Can I Do or Offer to the World Online?
This question is extremely paramount and can turn your life around in a magical way.
What can you do? What can you sell?
The business world thrives by an unending conscious or unconscious act of selling and buying, be it online or on the streets.
So what is it you can offer in exchange for money?
What value can you sell in exchange for currency?
This question when answered properly by you leaves the job pretty half done.
It could be that you’re a skilled artist, fashionista, tech guru, football pundit, et al.
This and more can be offered online in exchange for megabucks.
The second question
How High Is the Demand for What I’m About To Offer?
What makes music artists become superstars is their huge fan base, if nobody listens to your mixtapes and singles you’re dead on arrival if the football fan decides to revoke their fan membership and defect to baseball, who will watch Ronaldo and Messi play?
They train because of the fans, they put in a lot of hard work for the sake of fans, and if the fans aren’t there they are lost in oblivion.
The good news is, the fans will always be there as long as you offer premium packages nonstop.
All you need do after discovering what it is you can offer and not just banal offerings, you can do it better than the ordinary, then you go into deep research and see how the demands look like if it’s on the high side, congratulations, you should have started like yesterday but if the demand is low, don’t burst an artery yet.
There’s an alternative.
Go on with your offering, only that you’ll have to invest all your brain cells, time, skills, and lot’s more into making it so unique and prodigious that your potential audience will find it so devastatingly irresistible and compelling.
At the end of the day, you become a hero for reviving a dead region lost in deep obscurity and bringing it into limelight whilst amassing a throng of demanding audience.
The reason why most people disgust some kind of meals can be strongly linked to how poor it was organized, I bet if a competent hand prepares a same meal with lots of finesse and innovations in play, that hater will have serious issues convincing self about how real the hatred is.
That’s your best bet.
Well, if you don’t own the required will power and tenacity to drive yourself into such feat, you can choose the bandwagon train and hop in where the demand is at sky level and apply some creativity, diligence, and consistency then wait for the alerts.
The third question
Do You Have The Time And What It Takes?
When you’ve decided to start making money online then it’s time to deal with slothfulness and create time.
What are you?
You’ll need to allocate a couple of hours to your work online if you really want to make the bucks, some will require you dedicating 2 to 5 hours of your time daily.
Can you afford that?
Think it through before getting yourself involved in something that will daily rack your nerves and tear you apart.
Do you own a laptop or a desktop computer?
Or you have that super smart phone more sophisticated than some computers?
After answering these vital questions also consider how you’re going to tackle possible erratic power supplies in your locality.
Now that you’ve defined your course with the questions you move to next line of action
Blog It Out
It’s time to set up a blog.
Whatever offers you can give out that is in demand and you’ve weighed yourself in your own balance which certified you fit for the task, and then you can go ahead.
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Opening a blog these days is a no-brainer; there are online guidelines to the process, just Google it.
However if you still find it daunting, this site can help you out.
Why you need a blog is because, it’ll serve as your virtual store.
Earlier on I said making money involves you selling something in demand for money returns.
So you need a store to rent or some shade over your head to market whatever you’ve got.
In this scenario, your blog is that store or shade over you.
It’ll have your identity and what you stand for.
ALSO READ: How To Brand Your Business Like A Boss
You could blog about just anything you are knowledgeable about, could be shoes, hairstyles, clothes, health, travel name it.
But then if you want to monetize your blog furiously fast, first you’ll have to host it so ads can be placed on your blog by Google and then you can have full control over your blog, then you need to introduce a news feed or gossip section which will bait in an audience for you before you can get an AdSense approval.
There are other ways to drag traffic to your blog for monetization which is a full-fledged article all by itself.
If you can’t blog but you can write, do web design, graphic design and other marketable skills, then you have a huge freelance market both foreign and local with lots of people waiting to hire you and pay for your services.
Everyone must not run a blog; the blogosphere is already cluttered with half baked blogging wannabes’.
Some are just meant for the online workforce.
Okay, well-read, but there’s a problem.
I don’t have anything to offer, I’m so dumb and not skilled in anything, this article is probably not meant for me.
Hey! Hold on yet, I’ve got something for you.
Heard of affiliate marketing?
It involves you registering online with a company that deals on products merchandise and after registering with a little fee, you can start making money daily by helping these companies market their products on your social media accounts.
This would in no way match up to a blogger who knows his onions but it can save you of some awkward financial woes.
There are also online surveys you can take for companies and get paid too.
Beware of scammers who will gladly bilk you dry, do some consultation before trying your hands out at any online venture that demands a capital.
As I wrap up, essentially, making money online entails giving out the value in exchange for wealth.
So glaringly not for everyone can do it but for the few who have developed skills and mastered its arts impeccably.
So if you don’t possess a skill, go and learn one fast, I believe everyone has innate potential that’s yet to be discovered, find yours and develop it.
I do hope you found this article resourceful. Questions will be fielded appropriately.
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