Car Wash is a business you can start with what you have right now and still make a lot of money out of it. The business involves setting up a facility where busy car owners come in to wash their cars for a small fee. Whether you are a retiree looking for a business to keep you busy, unemployed who is not ready to dust your CV once more, or you have your day job but desires to have a system to earn passive income; even if you are a student who is looking for a way to put your…
Block making (commonly called block industry) business can be a very profitable venture. It is funny to me that some people still think that block making is a vocation for the uneducated and unskilled. To the contrary, it is a lucrative business that can be scaled to become a large employer of labour. Whether you are a school dropout, a graduate, a professional or a retiree looking for profitable business to engage in; block making is a venture to consider. The block industry is growing rapidly, why? The simple reason is rising population and increasing housing needs. Nigeria is estimated…
Its history is modest but sachet water production and sales has become a big industry in Nigeria. Before one smart entreprenuer started packaging water sachets in Lagos in early 1990’s, market women and children hawked iced water in small bottles. The water was largely untreated as all the seller had to do was filled a couple of botlles with water from he tap in the compound, arrange the bottles in a Cooler then hawk them on the streets and in busy marketplaces. No wonder that entrepreneur called his product Pure Water to differentiate it from the crowd of iced water…
If you are looking for a lucrative agribusiness to start this year, why not consider watermelon farming. You know it, that juicy, refreshing fruit containing a very large quantity of water. In fact, watermelon is about 93% water and contains essential vitamins C, B, and A. It is high in protein, magnesium and is essential in managing weight, body temperature, and even blood pressure. You see it being hawked by our brothers from the North in wheelbarrows or by roadside market women. Perhaps, you see it displayed in Shoprite and other high-end grocery stores but what you may not know…
By far the most frequent questions I have been asked at kobotalk in recent time are what small scale business would I recommend in present day Nigeria that somebody can easily start with small amount of investment capital? The eality is hitting, and more and more people, young and old now want to know how to start a business in order to leave the comfort of paid jobs. Why? Over 4 million Nigerians lost their jobs in 2017 according to National Bureau of Statistics data. Many more had jobs that they wished they hadn’t – they were underemployed and so…
Anybody can get rich in real estate. Really? Yes. Like you, I had always thought that real estate business is an exclusive preserve of the ultra wealthy individuals until a casual experience changed my opinion. In 2013, I bought a small parcel of land measuring 30 x 120 sq. m., somewhere around Ibeju Lekki where I had hoped to put up a small bungalow to live with my family. Then, sometime in February this year, I got a disturbing call that the family who sold the land to me were at the verge of reselling it because the land had…