Skip to main content

10 Quick Side Hustles You Can Try Out In 2018

Another year has just begun and this is usually the best time to take stock of achievements in the previous year, while mapping out new goals for the future. One can give some thought to side hustles for augmenting his/her normal monthly income this year. As needs keep piling up and cost of living keeps escalating, creating multiple streams of income is one sure way to overcome the twin problems of lack and poverty in Nigeria.

We will be going through a list of 10 side hustles (small businesses one can do alongside normal jobs) and you can decide which of them will be suitable for implementation depending on your passion or funds available.

Manage social media platforms

Startup capital: N150,000

Payback period: 8-12 months

Estimated Income: N20k/Month

Market – Blogs, Small Businesses, Entertainers

The internet world has become a veritable marketing tool and more individuals are using social media to create a steady stream of income. Celebrities, companies and businesses are using these social media platforms to create profitable brands for themselves. All you need to do is study how these platforms work. Facebook, Twitter, LinkedIn, Pinterest, Instagram and YouTube are just a few social media platforms you can manage on behalf of clients which would make you earn serious money this year.

Online Tutor

Startup capital: N80,000 – N100,000

Payback period: 6 months

Estimated Income – N15k/Month

Market – Students, White Collar Workers, Job Seekers

By using Skype and other online platforms, one can become an online tutor and start making some serious cash regularly. People desire knowledge and information in some specific fields and are ready to pay for the information. For example, the current business in demand in Nigeria is the cryptocurrency business and lots of guys are still not aware of how it works. If you are knowledgeable about it, this is an opportunity to earn some money by teaching others who are interested in making profit from cryptocurrencies, at a fixed rate or fee.

Lesson Teacher
Startup Capital: None

Payback Period – Immediately

Likely Income – N100k/Month

Market – Students (Primary, Secondary, Professional)

The demand for specialised lesson teachers is on the increase. Parents increasingly want their children to excel in subjects such as Math, English and Science as they prepare for their common entrance or JAMB exams (or even ICAN exams). If you have a skill in any of these subjects, you can join a freelance tutoring ring, where you can be called upon to teach children an anyone looking to write an exam. You can also start on your own by teaching children in your estate or street.

Create an online course
Startup capital: N70,000

Payback period: 4 months

Estimated Income – N10k/Month

Market – Job Seekers, Students

This is another internet related side hustle that won’t disrupt the normal 8-5 job you do on week days. It is convenient, easy and hugely profitable. Create a blog or website and upload a specific course around a field you are an expert in. It can be an online course on creating income streams from fish farming, poultry farming or agro allied products. You can even create an online course on mastering Mathematics for students. The possibilities are endless. After uploading the course outline, you set your rate, then those who are interested will subscribe and start the course.

Write and sell profitable eBooks online
Startup capital: N20,000

Payback period: 7-8 months

Estimated Income – N30k monthly

Market – Students, Job seekers, Career Seekers, Entrepreneurs

An eBook is simply an electronic book. The world is diverging from paperback to electronic books and more people are keying into the eBook niche market. All you need to do is package information that people are willing to pay for and convert it into an eBook using free Microsoft Word to PDF converter online. Ensure that you are packaging very profitable information. Some years ago, I saw an eBook titled, “How to immigrate to Canada without spending a dime”. It was being sold for N5, 000 and feedback from buyers showed that it sold out.

Become an affiliate marketer
Startup capital: N50,000

Payback period: 5-6 months

Estimated Income – N15K/month

Market – Forex trading websites, Cryptocurrency websites, fashion sites, merchants etc.

There are thousands of companies online that are willing to pay you a commission for promoting their products and services; it’s called affiliate marketing. All you have to do is register free of charge on the affiliate site and get affiliate links which you can add to your website or blog, thereby pushing traffic to the sites. These sites have cookies installed that can track your affiliate links and record your sales. Once your affiliate sales get to a $100 threshold, you get paid.

Computer repair services
Startup capital: N30,000

Payback period: 4 months

Estimated Income – N10k/month

Market – Neighbours, Colleagues, Church Members, Friends and Family

Virtually everyone is becoming computer literate in Nigeria. The need for computer repairs is more in demand as computer users encounter one challenge or the other during the course of using their laptop or desktop systems. The computer repair person basically helps to restore faulty computer systems to their normal status, by using simple diagnostic equipment. It is a specialised skill that can add extra income to an individual’s pocket.

Refuse disposal service
Startup capital: N1million

Payback period: 7-9 months

Estimated Income – N120k/month

Market – State/LGA, Private Estates, Offices

Comments

Related Posts Plugin for WordPress, Blogger...

Popular posts from this blog

One Ultimate Tip To Grow Your Manhood In 2 Months (A must read for every man)

The human penis is an external male organ that helps to pass waste from the body in form of urine and most especially plays the major role in sexual intercourse. .
The size of the penis in relationship continue to be a long debate - while some women don't care, many of them hold the notion of big penis size in high esteem.
.
Though man continuously search for  various solutions to this issue; in which the most effective is to perform a penis enlargement surgery, but due to finance and complications (arising from scraping part of your skin), it has continue to scare lots of people away. Also there are numerous medications and creams that claim to increase the size of manhood, but am not here to discredit them but to bring your mind to these effective way of growing your penis without spending much.
.
The method I wish to introduce is the Penile exercise which I termed "Penile Stroke". Though you might have heard of penile exercise, but wait till we reveal this new and hi…

8 Facts Every Man Should Know About Sex During A Woman's Period

There is nothing wrong with having sex while a woman is on her period, but the re are some details about this situation you (and she) might want to know first.
1. The Basic Biology
Sex ed. told you the basics about a woman's menstrual cycle, but here's what's important to know for this situation. A period marks the end of the body's monthly attempt to get pregnant. Awaiting a fertilized egg, the uterus developed a thickened lining to keep this potential occupant happy. If an egg doesn't get fertilized, the body can't sustain this special womb, so hormone levels drop and the lining is shed. "The bleeding is because there is a blood supply that went into those tissues, and it bleeds until the tissue comes out enough and the blood vessels start to close off," says Rowen. 2. What it Feels Like
Women may already be in a considerable amount of pain during their period, so sex may seem like it would add to that. The short answer is: it shouldn't. "Th…

11 Steps To Make Up And Not Break Up

If you truly want a happy relationship, then your goal should be a HEALTHY relationship. And that means knowing how to make up with your girlfriend in a way that not only keeps her happy, but in a way that also provides a learning opportunity for you as a couple. Here’s how to nail that down. 1.  Discuss the argument.
And when I say, “discuss,” I mean actually sit down and talk about it like adults. No yelling. No slamming doors. You have to be able to talk about it in normal tones or else you won’t be able to make up with your girlfriend. So calm down enough to get to this level and then go to her.
.
2. Put your own thoughts aside while you listen.
Let her explain herself. Just like you want to get your own thoughts out, so does she. She deserves the opportunity to tell you why she feels a certain way. So put your own thoughts aside as she does this so you’re not constantly putting her down even in your mind.
.
3. Acknowledge your part in the argument.
Two people are always at fault f…

Rugged Bedbug, Mosquitoes & Insect Killers For Just #1,800

Rugged Bedbug, Mosquitoes & Insect Killers For Just #1,800
It Can Last Up to 6 Months

Click Image To Mine Atleast 0.027 Bitcoins Every Hour

Click Image To Mine Atleast 0.027 Bitcoins Every Hour
Click Image To Mine 0.027 Bitcoins Every Hour