We both know that your salary is not enough, except you are an engineer, medical doctor, a nurse, or even a lawyer and as such you need a side business idea even as a salary earner.
Otherwise, just tell me that you want to do ritual. Don’t worry I won’t tell anyone. it’ll be our little secret.
As an employee, there’s almost nothing you can do to increase your salary because it’s fixed except you get a promotion. But wait! What if you don’t get that promotion. what will now happen?
The three must-haves in this Nigerian economy are shelter, food, and clothing. Mostly in that order, everything else seems to be luxury.
While housing is really capital intensive, food and clothing aren’t as capital intensive as them. So, if you have a business around these, you’ll do fine. If it’s super affordable, you’ll be the go-to person. With this information do what you may!
Let’s quickly get to these side business ideas;
Drive for Uber/Bolt
This is actually a really good side business idea. If you have a car it’s fact that you’d have to drive yourself to and from work, right? How about getting someone to pay you for it. You can easily make up to N80, 000.00 – N100, 000.00 per week depending on the number of hours you’re willing to put into this.
Sell Frozen Food
This is a great side business idea for salary earners. Get a shop space and a refrigerator. You’d also need a generator depending on the power situation of the area you live in. And make extra money selling frozen foods. This becomes a bonus if you own your home, and have a shop space right in front.
You can also get someone to stay there while you’re at work or exploring other side business ideas as a salary earner.
Mini Mart/Provision Store
This is not really a hard one. Seems like one of the simplest side business ideas for salary earners. Get a shop if you don’t own your house and have a shop space at the front of it.
You can go to the closest plaza near you or even the nearest market and get a shop. Get a person to stay in for you while you’re away to always keep the shop running. And please pay them. No! it doesn’t have to be in the marketplace, you can decide to be the go-to neighborhood shop. And grow from there.
Open a POS Stand
As a salary earner, this is a great side business idea. Become the owner of that neighborhood bank that everyone wants to withdraw money from since they cannot go to the bank or they need the 2K urgently pun intended though.
Look around your environment as you’re taking that evening stroll to spot busy locations. Plant your kiosk there and get your pos machine. Get a person and pay them for their service. you don’t have to own only one but please, be comfortable starting with one and grow from there. This can even be the little step that births your microfinance bank if you have an eye for banking.
You can start with as little as N50, 000.00.
Become a Housing Agent
Housing is one of the high-paying business industries for all party involved. With the said increment in world population which is estimated to about 8 billion people. Yes 8 billion people and still counting.
People give birth to children every second thus the ever-increasing population would eventually need a place to stay.
And that’s where you come in! Position yourself as the go-to housing agent and be the one to eventually collect their money.
This is a very lucrative side business idea for salary earners. People pay between N100 to N1,500 to play a game and the interesting thing about this is that it usually is not more than 10 to 20minutes per game. Rent a shop and furnish it, get your desired consoles preferably not less than a Ps3 and start making your money. Just get a trusted person and pay them to work for you.
There is money in entertainment, especially sport. If you have a space to show live football matches as it’s the most popular sport and charge them for each match, they come in to show. Depending on the way your shop is conducive that’s how well you can charge!
Sell Something Online
This is another great side business idea for you as a salary earner. Guessing know where to get something cheaper than you see online, get it, take pictures and post, find your unique selling point, and market hard. For instance: you know all those mini bags you see on Instagram for like 3500 – 6000 NGN, you can get them on 1688.com or Alibaba for like 300 NGN depending on quantity.
It’s called mini-importation.
If you have about 300,000 NGN in savings, you can start a logistics company with one motorbike. Typically, it costs between 1000 – 2500 NGN to deliver packages depending on the location and you can do up to 10 deliveries per day depending on requests. Start from there and gradually grow to a fleet. The gap in this field is customer service. If you can keep to time and not give excuses as to why you couldn’t deliver when you said you would, you will be amazed at how much you will stand out. Also, if you don’t have that amount of money but own a car, you can pick up packages from e-commerce vendors and deliver them on your way to or from work.
If you have hungry friends that always come to your house when they know you’re cooking, then you know your food is good. Offer to cater at a friend’s event and work your way up to bigger things. Ensure that your food tastes good and your service is impeccable, you’d get referrals from almost every event. You can also advertise to companies to supply lunch for their staff daily. The internet is really a gift to us. Use it. Market yourself like crazy.
Side note: food is also the one thing that always sells out at fairs. Go forth and prosper.
The side business ideas as highlighted are proven methods to earn an extra amount of money, especially in an economy where you need more than one stream of income to survive. Please do with this information as it pleases you!
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