Wednesday 25 April 2012

15 STUDENT'S BUSINESS IDEAS AND HOW TO START ONE IN NIGERIA TERTIARY SCHOOLS. PART1

Nigeria student. m2b
Hello friend, I am sunkanmi afolabi.Today ! am sharing with you different business ideas that you as a student or any undergraduate can start to make a living income in their various institution.
Everyone knows that isn't easy to send a child to university , polytechnic, college of education and among others, we can easily tagged this with the present economic situation of the country and Financial (poor) of many families. Many children would have attended schools, pay school fees, buy necessary materials, Rent good hostels, eat food at normal time, put on good clothes, shoes and soon. but they could not due to the lack of good financial support by parent, relative and sponsors. we have lot of students in our campuses that falls to this category of schooling with no food, no pocket money. lot of salary earners children or tell me how much is #18000 minimum wages that a salary earner would receive to send a child or even children to school(good schools). What of road side hawkers, local farmers, the less privileges and so on .
            #Fact:-Do you know being born poor is not your fault
                       But if you die poor, blame your self
In the book of Mathew 7v7 (the bible figure out key points to get solution to this problem... ASK, SEEK and KNOCK)
take your time to follow this post today and make sure you share with others on facebook, twitter and so on using the share button at the end of the post. thanks
Lets Digest a little on businesses you can start as a student. below are small scale businesses you can start as a student with less capital
 1. SET UP A MINI BARBING SALOON

   This is a good business idea for guys especially those living in boys hostel, you can set up a mini barbing shop if you have a good idea barbing hair. If not learn within few weeks.
 TIPS TO START
1. Get a clipper (#3500-#5000)
2. Hair brush (#50-#200)
3. get a scissors
4. Get a shampoo
5. Die if necessary
6. Generator (#12000-#15000)
8. mirror
                                                  9. table and share.
*You may not need a shop in hostel, even generator sometime might be out of it. But off campus you can approach people to get a small space of land, make a wooden neatly made shop, paint with a bucket of paint #500, install your other material listed above.
                                              PROFIT PLANS
A man haircut according to standard could cost between #200 to #2000 even more if you manage to be an expert . But let us limit the price to student environment #200 is okay at most #300. if you can have 10 hair cuts per day, adding weekend as an extra bonus #2000 per day multiply by 30= #60,000 per month. even if you deduct your expenses i.e cost of fuel, cream and so on, there is a guaranty you will still bank roll#50,000 monthly.
This is a good business you can easily do off school hours i.e evening and it is not seasonal, your customers would keep coming on daily basis.

2. SET UP A MINI CYBER CAFE
Today cyber cafe is one of the hottest small scale business, even at the medium level. Everybody wants to get a particular information online, student pay school fees online, research works are done online, registration is widely done online, student submit assignment online, even write test or exam online. There is no thought in saying cafe could be the best Small scale business in higher institution.
  
TIPS TO START 
1. Get computers can be p3 or p4 (tokunbo) fairly used< it depends on your pocket if not order new. 5 pcs is okay for a start.
2. Get an internet network provider connection from any ICT network or approach GSM network providers too
3. You can add a 3 in 1 printer not more than #12,000
4. Generator
5. Get a shop, this can be the size of a Normal room, you can even rent one from school authority. this will help you to locate yours inside school.
                                                     PROFIT PLANS
#Fact:- There is no way you wont make it, even before you know it your mini cafe can turn to a standard one within short period of time.
1. You will make money when students pay school fees online.
2. You will make money during online registration (during payment, post utme, utme and so on)
3. You will make money on a daily basis as student would keep coming to patronize your cafe stand to sort out articles for assignment, project, even check social networ(facebook,twitter) email(yahoo,gmail) and so on
4. So far they are getting the information, you will keep earning in negligence of how small your shop is, just make sure it is neat and comfortable.
             #Fact:-You will smile to bank 

3. RECHARGE CARD BUSINESS
Wow, no thought Telecommunication biz is the fastest growing Nigeria Business even than oil and gas. Mr Femi Otedola was once the second Nigeria Richest man. Today it is Otunba Mike adenuga of Globacom. 
setting up a recharge card business can be divided into two.
                                  PRINTING OF RECHARGE CARD
 
Printing and distributing of recharge cards is a good business that has turned many Nigerians into a millionaire, though then when people ventured into this business it was not a suitable business a student can start due to the heavy capital required. Thank God for the new machine above, you dont need to connect with computer or internet, need no printer... and you can print different cards MTNGLOBACOM, ZAIN, ETISALAT and so on. with a minimum bulk pin of #10,000 naira only. This machine cost #50,000 for the small one(Good one for student). since everyone wants to load his/her phone i promise you, you will earn a good income
                    

4. SET UP A PHONE CALL AND REPAIR BOOT
      Just like recharge card printing is profitable like wise repairing GSM and phone call boot can make your pocket rich.
                 TIPS TO START
1. Learn how to repair a GSM, many engineers would love to teach you if you can approach them
2. Get the materials i.e equipment, your small stand(table, chair and umbrella)
3. generator

                                                         PROFIT PLANS
with the population of phone users in higher institutions at least 99.9% use phones, sure their phones would be faulty, that's not a curse but a facet, only the phone engineers would repair for them. In other side Get a simple china phone of #3500 start a call boot, when you repair phone for someone the other will make call.
Joining the two business ideas is a good income and profitable idea at the end of the month.

5. SELLING OF TOKUNBO CLOTHES, SHOES AND BAGS
Cutting your cloth according to your size is a popular habit among Female students. Please if I am wrong correct me, more than 85% of Nigeria Female student wears Tokunbo clothes, shoes and bags. These products also known as OKIRIKA, bend down select, Bosi Corner. it is a good idea, Never blame anyone wearing it. I have seen Rich people that still put this products on with classes. The reason why a girl must where a quality (TOKUNBO) is just the cost of an original brand new clothes, bags, shoes can be so unaffordable for a student who had no other source of personal finance than the little pocket money given by parent.
 Most people selling these products in school are student like you, they got these products at a very ridiculous price especially in Lagos and when they had gathered their goods, they made huge profit selling the quality ones at higher prices.
                                 TIPS TO START
1. You can start with as little as #20,000
2. Visit your colleagues hostel to hostel , room to room
3. Make your product cheaper than others, but calculate profit.
4. You can even visit all the offices in your school, most Staffs will buy quality ones.

My dear friend, Thanks for taking your time since morning to read PART1. i will continue in PART 2 in future write up.
My final words, you might have said to yourself where would i get start up Capital?
1. Ask God for help, Ask your parent, Guidance, Your relatives, to help you
2. Seek for help, gives reasons why they must help you
3. Knock on doors with your ideas, they will surely help you.
4. alternatively borrow, work part time, Just make sure you find a means to start
          #fact:- it doesn't matter what people call you, they might referred to you as a hairdresser, barber, typist, car washer, But you know where you are going to, You know the reason why you are into business. when it comes to the time of famine in school those that insult you will beg you for food.
***********Note cultism, prostitution (ashewo, aristo), internet scam(yahoo yahoo) Non of these is a business but an avenue to spoil your beautiful future. God bless
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SUNKANMI AFOLABI
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