Do you want to learn how to make money online in Nigeria and not pay a dime?
The subject of making money on the internet is a popular subject, but not for good.
This subject is popular not because most people understand how it works, but because the idea of making money online seems so easy that everyone just wants to get in and make money quickly.
A mentor of mine, while talking about the idea of having internet business about 3 months ago said, “A money making opportunity where I will just sit down with my computer and be making money”
Such mentality is what makes the idea of internet business seem so good, easy and popular.
To add salt to the injury, many fraudulent guys are out there making so much noise about how they make millions of naira on the internet without much work.
They are liars.
Below I will tell you 5 truth you probably have never been told about how to make money online in Nigeria (Africa or any other place) and just after that, I will reveal to you 10 major ways by which you can make money from the internet as a Nigerian or African.
5 Truths About How to Make Money Online in Nigeria
There are hard truths about making money in Nigeria, no one is telling you.
Now the truth:
- It`s a business
The first truth I must tell you is that there is nothing to be called, “make money online”. The only thing that exists is, “doing business on the internet”.
I think if I am able to change that term in your mind, I will succeed at passing my message onto you.
What we are doing to create wealth in the off-line, physical world is nowhere different from what we are doing to create wealth on the internet. The only difference is that in the physical world we deal with ourselves physically, while on the internet we use the internet as a medium by which we exchange values and money.
The money we make in the real world is from the purse of human beings, unfortunately, many people think there is a way to acquire wealth on the internet other than to render value to people which will make them give us their hard earned money.
No way, except by some illegal or fraudulent means.
The only way we create wealth on the internet is by doing business, render service or doing jobs on the internet. We don`t make money online by magic.
- It`s not cheap
It`s easier for people to believe me when I tell them that becoming a successful business owner in the physical world is not easy, but when you talk about online business, most people will not want to believe you.
This is because the idea most people have about online business (as stated above) is that of “ways to make quick money”.
I`m not here to discourage you.
My job is to encourage you, but I have to tell you the truth. I have being making money online since 2012 thereabout, so I know what I am saying if I tell you that it`s not cheap.
You can succeed online. You can create massive wealth from the internet. But don`t be deceived by those liars who try to make it look so cheap to acquire wealth online.
- It takes time and hard work
I know you may not like to hear this truth since you are probably looking for ways to be rich next week.
Well, you can stop reading this tutorial and go to google. There you will see a lot of fake promises on how you can make a million naira next month.
Get me right.
When I started an online business in the year 2012, I started making money almost immediately, but never in thousands. Only few naira.
I had to (and still) making mistakes, learn and try to grow. All these take time and hard work.
- It requires much knowledge.
I have been advocating entrepreneurship education for a long time. Knowledge is the key that opens the door of prosperity. This is true in the offline business, but truer in the internet business.
All of the internet business I know require so much knowledge. If you cannot read, ask questions and learn fast, you cannot be an online entrepreneur.
I know this sounds against popular advice out there.
The truth is, no matter what your business online looks like, there will be competitors you have to win. The presence of competitors is the reason why you will need to be smarter than them before you can make much money online.
What makes you smarter? Knowledge.
- Most people cannot succeed in online business
Yes, just as most people cannot become successful entrepreneurs in the physical world, most people cannot succeed as entrepreneurs on the internet. The reason is very simple… because most people are lazy and cannot pay the price for greatness.
The first idea most people have about wealth acquisition is about “good job” and the way that was presented to us was that if we could try to get good grade, we`ll get good job, earn some good money and become rich.
This is the lie we were brainwashed to believe right from when we were little boys and girls.
We were never told that we have a battle to fight and a war to win, if we want to be rich.
I know you`re not among the deceived people of this generation.
I know you`re willing to work hard and pay the price in order to succeed in your online business, so let me share with you 10 ways to make money online.
10 Ways You Can Make Money Online in Nigeria
- You can make money online by Starting a blog
Most people who make money on the internet do so through their blogs.
Yea, there are mega online websites and businesses that are not blogs, but out of 100 people who earn legitimate money on the internet, above 60 are making money from their blogs.
So, what is a blog, how can you create it and how can you make money through it?
Blog is a website you own and update often with information.
Let me give you an example.
Whenever you search google for any information, you`re taking to certain websites where you find the information you`re searching for. Those websites are most likely to be blogs.
Who can create blog?
Anyone who thinks he/she has knowledge about certain field and who is able to write. Is there anything you know that many people will love to know? You can create a blog, start writing and posting.
Yes, not as simple as that. There are tons of things to learn about how web and search engine work and few other things. I recommend you read this blog to learn how to start and make money through blogs.
- You can have an online business by starting an online retailing
You might have heard about konga, jumia or amazon. These are the famous online retailers. They sell different kinds of products, digital or physical.
Having an online retail is like having certain products in your store (or website) and reach out to the whole world with offer they will love to embrace. These products may be physical products which have to be sent/shipped to the buyers or digital products (i.e. e-books, audio books, videos etc.) which can be downloaded
Yes, it may require so much capital to start an online retail because of huge adverts, store houses and logistics. You can try the following;
- Sell your service fiverr.com
This is like being self-employed. Fiverr is a global online marketplace which started in the year 2009. www.fiverr.com is a portal where people go to find anyone who can do their particular job for them at $5 (five dollars). Fiverr takes $1 while you take $4.
Below are the services you can render to make money on fiverr: Design eBook covers, write articles for blogs and websites, proofreading & editing a typed document, write advert copy, make video greeting cards, translate text into different language, design logos, draw cartoons etc.
If you know how to do any of aforementioned or you can learn any of them, you can make money online through fiverr.com.
If you need any further guild on how to make money through fiverr, I can introduce you to a friend I know who make money through fiverr. Contact us or call my P.A on 08100446044. She will tell you when you can speak with me.
- Earn income online by becoming a web designer
You can make money online if you`re a web designer or willing to learn. No doubt the world is going online. In a few years to come, companies or businesses that could not be found on the internet would not be respected.
I have a good friend who is a web designer and getting his cash from doing so. Who knows maybe you can need him for any guidance. Get him at infinity Paul
- Make a living by becoming an affiliate marketer
Affiliate marketers are people who sell other people`s products on the internet. Some people earn millions of naira through affiliate marketing. I won`t tell you it`s by magic. No. it`s by hard work and smartness.
The way this works is very similar to the way most other internet businesses work. First, you will build an audience, either through e-mail list or a blog.
After having some audience, you will then start introducing other people`s products (digital or physical) to them.
You must have joined the affiliate program of the intending products you want to sell or have made agreement with the persons involve. Your agreement or the affiliate program must have stated the amount of percentage you will get by selling such products.
It may be as much as 50% if it is a digital product or as low as 5%, if it`s physical products.
- Sell at ebay. This article on making money from ebay from wikihow will guild you on how to start making money through ebay.
- Sell domain name
Domain name is a passport for having online presence. It`s like a name, except that no two websites or blog can ever have the same domain name (also call url)
In the last few weeks I read a post from a friend on facebook who is planning to buy 100 domain names in the next 8 months. For what? Does he need 100 websites or blogs? Not at all.
He wants to buy them for business purpose.
What happens here is that, some smart people sit down and think about some good names people may need in the future for their websites or blogs. After discovering those good or cute names, they go straight and buy them (it may be for as low as $10 or #2,000).
After some times, someone may need that name, and desperately need it, but after searching for it, he would discover it has been taken by someone else who is willing to sell it.
If you doubt the profitability of this online business let me tell you about Jon Schult.
Jon bought ebola.com in the year 2008 (maybe for $7 or something) and by the year 2014/15 when ebola disease became a world famous disease, Jon sold ebola.com for $15,000 (over #2million in today`s naira)
Yes, there is no magic here. Like every other businesses you may consider, this requires knowledge, patience and wisdom.
- Do online survey
Sites like Ipsos i-say, swagbucks, crowdology, etc. offer survey and pay people for answering the survey questions. I don`t know much about this.
- Become rich online by starting forum or social media
Nairaland.com is the most populous forum in Africa. it`s owned by Seun Osewa. Seun started nairaland in March 2005. It currently have over 1.3 million registered user. According to what I read, Nairaland.com makes over #1.5 million monthly.
That`s not a good reason to go and start a forum. I won`t advise you to go and start social media site because facebook makes billions of dollars every month. No.
Business don`t succeed because it is doing certain thing or selling certain products. There are strategies, techniques and business knowledge that the owners of successful businesses apply to make their businesses successful.
(Our business training on how to discover business ideas an opportunities will help you on how to discover business opportunities and make them successful businesses)
- Sell information online and make money.
Internet became popular primarily because people come here to get information. Though there has been so much information on the internet, many people (including me) still sell information.
Information is selling, even as google has countless of information, because there is always a need for specialized information that people need.
For instance we have some business training here about how to discover business opportunities & ideas and how to get capital to start your own business which have been selling since 2013 and 2014 respectively and changing people`s lives.
Why is this so?
This is because though you can search google and read few things about these topics, if you need an in-depth and practical knowledge about these topics, you have to get those trainings.
There are many other topics out there people will willingly pay for.
The only caution here is, don`t try and sell information on the topic you don`t know anything about. While so many people do this, nor of them can earn good money from their fraud.
The reason is very simple.
Every business requires that you have loyal customers who patronize you again and again. If you sell an information (either in form of e-book, video or audio) and people discover it`s a mess, they won`t buy any other thing you sell again.
That is the reason why most people who try to sell information on the internet end up becoming poorer than when they started.
These are some things you`ll need if you want to start selling information on the internet;
- Expertise. You must know much things about certain topic. It doesn`t matter what that topic is (business, marriage, music or whatever) what matter is whether it is actually a topic that solves people`s problem.
Being expert doesn`t mean that you have to be a professor before you can have income from your info product, but you must know much about that topic than many people.
You can as well sell other people’s info products as an affiliate marketer. By this I’m not saying you should sell other people`s products without their permission. I mean by agreeing with them that you will sell their products at certain agreed commission.
- Audience. Just like physical businesses, you`ll need “customers” who love to buy what you`re selling. These potential “customers” are call “audience” on the internet.
How do you get this audience?
First, by starting a blog as explained above. As you master the necessary skills needed to make your blog successful, your blog will daily increase in terms of audience. When people love what you write on your blog, some of them will trust you enough to buy the info products you are selling.
The other way to get good audience to buy your info products is by having e-mail list (both e-mail list and blog can work together, as I will recommend).
E-mail list is a list of emails from people who have subscribed to be receiving your newsletters in their e-mail address.
You will need a software to obtain, store and send newsletters (e-mails). This is very simple.
There are many popular e-mail software out there. We have used getresponse for sometimes. It is cool, but there are few others that are cheaper or even free for someone just starting out. SendInBlue and mailchimp and the examples here.
You may have a single page website/blog, write a short e-book about your niche (the area you want to specialize on) and ask people to get that book for free by dropping their email address.
These emails get stored into your software and you will from then continue talking with them. as long as you truly know what you`re discussing, you will make money by offering your other products (books, audio etc.)
Above are 10 ways by which you can earn income on the internet. Of course there are few other ways by which people make money online, but you can be sure these are the most common and among them are the simplest means by which you can make money online.
Just as you can see, none of them works like magic. None of them will make you rich overnight. None of them brings in money without hard work.
The truth of the matter is, internet business is by no means different from the business in the physical world.
Strategies, hard work, business skills are what it takes to succeed in any business.
Lastly, if you desire to start an online business with any of the above or any other one you come across, prepare your mind to learn so much and become an expert in whatever business you choose to go into.
Choose any of the above businesses. Go to google and do extensive study on it
And don`t forget, no matter what business you wish to start, either online or offline, you must have business and financial skills.
You can check our book store to pick one or two books and become smarter.
We love you!