On my way to an Owambe one Saturday morning, I stopped to exchange pleasantries with my neighbor. What started out as mere banter quickly became something more serious as I asked about his job. He’d recently lost his job at the time and had no backup plan. I asked if he could do business and how much he’ll need to start this business. His response had me in shock, apparently he had saved up to about 150k and didn’t know what business to start with the money. According to him, “there’s no business you can start with 100k in Nigeria.”
He felt it was too small and was preparing to splash it on his girlfriend’s upcoming birthday. I’m glad we had that conversation because my neighbor is now a businessman. It also dawned on me that a lot of people are in this fix, where they think you need a lot of money to start a business.
Fortunately, there are loads of businesses that aren’t so capital intensive and you can start with just N100,000 and scale up after. Yes, you read right! 100k can start a business if you use it right and I’m here to tell you how.
Here are some businesses you can start with as little as 100k or less in Nigeria.
Point Of Sale (POS) AGENT
With a chair and table at a strategic spot, you can become a point of sale (POS) agent anywhere in Nigeria.. The 100k includes registration with a fintech or bank(once they consider you credible they would give you a POS machine for free), a chair and table and a small shade over your head.
I know you have a lot of POS agents around but you can be strategic with your choice of location. Then take the rest of the N100k to your favorite bank and ask for mint. Yes, mint! Nigerians like the crispy feel and would leave their regular POS agent and come to you at the sight of mint, even if this isn’t going to be for long, as you can not keep having mint notes, you can keep the customers with a good heart and a broad smile.
Bed Sheet/ Undergarments Maker
Do you know how to sew? If yes then this business is for you. It involves the choice of the right materials and a good sense of color combination to make the right wear or bedspread. Once you sew right with the colors you’ve creatively selected, then you go for packaging, make sure you package it in a way that customers will want one when they see it. You don’t necessarily have to have a shop, you can promote your products online.
Skit Makers/ Content Creators
Creativity fuels entertainment and entertainers get paid. So if you want to invest your 100k in something, social media content creation should be one of them. All you need to do is make your videos funny and you can start with an android phone which you can get for less than 100k, just like how the Ikorodu boys started. You can also create Memes and get paid for this. To be a great content creator, you must be able to anticipate trends and create content around these trends.
Selling Food/Snacks
Do you have baking/cooking skills, or do you know someone who can do both very well? Then all you need to do is up your marketing skills and search for places ( like schools and churches)/ people that would need snacks/food and sell to them. If you can get more customers, you should be able to double your 100k NGN in no time.
Drop Shipping
This is another easy way to make money. All you need to do is be tech savvy and to find household items on demand. Go to Alibaba and find that item, get all the details and go to another shopping site like Amazon. List the product there and if anyone makes an order, just go to Alibaba and direct to the recipient address. This is a bit technical but with 100k you can do it.
Sales Of Phones Accessories/Gadgets
You don’t need a shop for this as you can market your products online. You only need to be able to identify the good quality of specific accessories(like chargers, phone batteries, earbuds/pieces, smart watches, selfie sticks, phone pouches, etc) that are in demand, and ensure your prices aren’t exorbitant. Your customers would just keep recommending you to their friends and before you know it, you might be the next big deal in the world of gadgets.
Thrift Store
You can open an online thrift store where people who can’t afford to buy brand new items can reach out to you and get stuff from you at very affordable prices. All you need for this business is a keen eye for quality and a sure supply plug. You can even up your game, by dry cleaning the clothes and repackaging those items properly before selling.
Ice-Block Selling Business
This might be out of fashion but it’s still very lucrative. If you have a freezer that’s functioning like crazy, a steady supply of water and electricity in your area/generator, then you’ve got everything it takes to be in this business. With your 100k, you can pay for publicity materials and disposable nylon bags, the rest of your capital can be kept aside for fuel when power supply isn’t steady.
With 100k, you can start a data bundle reselling business, acquire a new skill or take a certified course online and become a freelancer, graphics designer, social media sensation, copywriter, DJ, even a tech bro(lol).
I know that doing business is very demanding and challenging but If you consistently keep at it with passion, commitment, an unrelenting quest for learning/growth and continuous adaptation to market needs, the sky will be your starting point. Cheers to becoming a billionaire from 100k!
To meet business enthusiasts like yourself and get more tips, join Fusion’s SME Connect Community.
6,336 Responses
fliff – https://fliff-us.com
п»їLately, I discovered a helpful report about buying affordable antibiotics. The site discusses how to save money when buying antibiotics. In case you need Trusted Indian sources, take a look: п»їkisawyer.us.com. Hope it helps.
To save big on pills, I suggest reading this report. It reveals prices for generics. Good deals at this link: п»їmexico drug store.
Does anyone know getting antibiotics without prescription. I saw a good site that reviews affordable options: п»їlos algodones pharmacy online. Check it out.
п»їLately, I found an informative report concerning generic pills from India. It details WHO-GMP protocols for ED medication. In case you need reliable shipping to USA, visit this link: п»їhttps://kisawyer.us.com/# cheapest online pharmacy india. Cheers.
п»їLately, I came across a helpful guide concerning Indian Pharmacy exports. It covers CDSCO regulations for generic meds. If you are looking for cheaper alternatives, check this out: п»їhttps://kisawyer.us.com/# top 10 online pharmacy in india. It helped me.
FYI, a detailed overview on Mexican Pharmacy safety. The author describes quality control for generics. Full info: п»їpolkcity.us.com.
п»їActually, I stumbled upon a great article regarding cheap Indian generics. The site discusses the manufacturing standards for ED medication. In case you need Trusted Indian sources, visit this link: п»їbest online pharmacy india. Good info.
I was wondering about getting antibiotics without prescription. I discovered a verified post that reviews affordable options: п»їhttps://polkcity.us.com/# farmacia mexicana online. Seems useful..
Has anybody tried getting antibiotics without prescription. I saw a cool post that ranks trusted vendors: п»їhttps://polkcity.us.com/# mexican online pharmacies. What do you think?.
For those looking to save cash on meds, I suggest visiting this archive. It reveals where to buy cheap. Good deals found here: п»їpolkcity.us.com.
п»їLately, I came across a useful resource regarding ordering meds from India. It explains WHO-GMP protocols for generic meds. For those interested in Trusted Indian sources, take a look: п»їrecommended. It helped me.
п»їJust now, I discovered a helpful resource about Indian Pharmacy exports. It explains WHO-GMP protocols for generic meds. For those interested in factory prices, visit this link: п»їhttps://kisawyer.us.com/# india pharmacy. Worth a read.
п»їJust now, I came across an interesting article concerning ordering meds from India. The site discusses how to save money for generic meds. For those interested in cheaper alternatives, go here: п»їhere. It helped me.
п»їJust now, I stumbled upon a useful page about ordering meds from Mexico. The site discusses how to save money when buying antibiotics. In case you need reliable shipping to USA, check this out: п»їhttps://polkcity.us.com/# mexican online pharmacy wegovy. It helped me.
п»їActually, I found an interesting guide concerning cheap Indian generics. The site discusses the manufacturing standards when buying antibiotics. If you are looking for reliable shipping to USA, take a look: п»їhttps://kisawyer.us.com/# mail order pharmacy india. Good info.
play croco casino – https://play-croco-casino-au.com
п»їRecently, I found a great page about generic pills from India. The site discusses WHO-GMP protocols for ED medication. If you are looking for reliable shipping to USA, read this: п»їindianpharmacy com. Hope it helps.
Heads up, a helpful article on buying meds safely. It explains quality control for generics. You can read it here: п»їhere.
Sharing, an official article on Mexican Pharmacy safety. It breaks down quality control for generics. Link: п»їview.
п»їRecently, I discovered a useful page concerning cheap Indian generics. The site discusses the manufacturing standards for generic meds. If anyone wants reliable shipping to USA, go here: п»їhttps://kisawyer.us.com/# best india pharmacy. Might be useful.
п»їJust now, I found a useful guide concerning generic pills from India. It details WHO-GMP protocols when buying antibiotics. If anyone wants factory prices, check this out: п»їtop 10 pharmacies in india. Hope it helps.
Has anybody tried getting antibiotics without prescription. I discovered a decent blog that lists trusted vendors: п»їп»їclick here. What do you think?.
п»їTo be honest, I came across a helpful resource concerning ordering meds from Mexico. The site discusses the safety protocols on prescriptions. If you are looking for reliable shipping to USA, go here: п»їUpstate Medical. Worth a read.
п»їJust now, I stumbled upon a great report about cheap Indian generics. The site discusses the manufacturing standards for generic meds. If anyone wants cheaper alternatives, go here: п»їhttps://kisawyer.us.com/# indian pharmacy. Worth a read.
win2888 – https://win2888-vn.com
п»їRecently, I discovered an informative page regarding cheap Indian generics. It covers CDSCO regulations on prescriptions. For those interested in factory prices, check this out: п»їkisawyer.us.com. Might be useful.
Heads up, an important article on Mexican Pharmacy safety. It breaks down pricing differences for ED meds. Link: п»їpolkcity.us.com.
п»їJust now, I discovered a useful article regarding generic pills from India. It covers how to save money for ED medication. If you are looking for factory prices, check this out: п»їindian pharmacy paypal. Might be useful.
п»їRecently, I discovered an informative guide concerning ordering meds from Mexico. It details how to save money for ED medication. If you are looking for reliable shipping to USA, take a look: п»їhttps://polkcity.us.com/# my mexican pharmacy. Good info.
п»їActually, I found an informative article concerning generic pills from India. It covers how to save money on prescriptions. If you are looking for reliable shipping to USA, go here: п»їreputable indian pharmacies. Cheers.
Just wanted to share, a helpful article on cross-border shipping rules. It breaks down quality control for generics. Full info: п»їpolkcity.us.com.
п»їJust now, I discovered a great article about ordering meds from India. It explains WHO-GMP protocols on prescriptions. If you are looking for Trusted Indian sources, check this out: п»їhttps://kisawyer.us.com/# india online pharmacy. Cheers.
Heads up, an important overview on Mexican Pharmacy safety. It explains the best shipping methods for ED meds. Link: п»їUpstate Medical.
п»їTo be honest, I discovered a useful resource regarding buying affordable antibiotics. It explains regulations for ED medication. For those interested in reliable shipping to USA, go here: п»їhttps://polkcity.us.com/# mexican medicine. Worth a read.
п»їTo be honest, I found a great page regarding ordering meds from India. It details the manufacturing standards for ED medication. For those interested in factory prices, take a look: п»їonline shopping pharmacy india. Cheers.