The Business Man

Sometime early last week, I had the opportunity to read the 2015 GTB Economic analysis which was sound I must say and it got me a bit worried, Do you know the real reason(s) why the dollar is going up and may continue going up for a while? ( see the REAL current exchange are here http://abokifx.com/ ) ,  are people really aware of what is going on?  Click to download and read for yourself here  Yes the picture looks bad, fuel scarcity may be re-occurring at intervals till most of this year, the oil price may not recover for a while since most of the oil producing nations are not showing any sign of reducing production, government is very broke, 2016 Budget may take a while before it is approved, so alot of government payments will not come on time and most importantly, exports from Nigeria are too low compared to our preference for imported goods... .but not to worry, out of great stress comes the best of jewels i.e. the Diamond. One thing I have realized is tha...

I have seen so many methods of making money, some good, some bad and some "in the middle" but I came at across this brilliant Club that helps members make money without convincing anyone or selling products. Main Problem With Network Marketing I run away from network marketing, and everyone I know runs away from it because their methods have been very selfish and I must say wicked. Someone comes up to you and convinces you to join a network and usually at costly entrance fees and once you pay, you get a ton of products that you probably may not use or even know how to sell and then, he literally shakes hands with you and walks away. Then it dawns on you that you are stuck. You have products which you probably don't know how to sell and you don't know how to go about convincing people to join you. This is a Great Strategy After I studied this particular network, its something anyone can do - you buy only products you need and products you could give out. Y...

Part-time Photography Business  is another business with not much capital and reasonable profit. It can provide significant income. With a bit of talent and a reliable camera, you can start a photography business to augment your regular monthly income. You can decide to make it mobile, which is where I will concentrate in my suggestions. What you need With mobile part time photography you may not need a studio  because you will be going out to meet your clients in occasions and events like, birthdays, weddings, picnics etc   Practice your skills on family members and friends and you will soon be on your way to earning a second income from part-time photography. The capital required can rage from N138,000 to N150,000 and up to N20,000 income estimated weekly. What to start with; ·                   1. Digital camera(canoe 700D or nikon) N93,000 2. Desktop \ Laptop(HP) N85,000 3. Card reader N...

2021 Update on Nigerian Treasury bills(NTB)  The strategies mentioned below no longer work for individuals unless you are an institutional investor and the yield has not been impressive in recent times. However some banks and mutual funds still operate it for individuals by putting the money together and investing as a single entity. Introduction I once had a long talk with an old friend, trying to catch up on what he has been up to and we started talking about the stock market, the economy and other related matters. He told me how he was able to grow some cash deposits made by his uncle in his bank over the years in spite of all the economic downturn.   At the time when he received the cash deposits, he was just a newly employed bank staff and needed the deposits to keep his job.   With his position at the bank and his burning passion to add value to the funds entrusted to him he was able to find ways of growing the funds considerably. He went on to explain that ...

  INTRODUCTION:  This is a good business only if you know how to go  about it in a unique way. Being unique involves dealing w ith your existing customers, how good your services  are and how to attract new customers. How can you  be better than the salon next to you? In this brief article  you will be enlightened on things to do. THINGS TO DO : What to do to make your customers feel special and always want to come back. Create and deliver new , added value to your existing customers—making it more difficult for competitors to woo them away.   Surprise them when they least expect.   Imagine a customer comes for a new hairstyle, surprise them with any of your services for free e.g pedicure or manicure e.t.c. Work hard to earn the trust of your current customers . Keep a close relationship with them and send them messages on their Birthdays and festive periods. ·          ...

Introduction This type of business used to be very popular in the nineties. I used to think they had gone under until recently I saw one on my street. Well I didn’t take it serious until I started noticing a couple of them around my area. I counted about 5 in my area alone. That was when I decided to take a closer look. On looking into one of the places, I realized they had mostly Yoruba movies and the number of people that were at that shop that day indicated that there was indeed a need here. What you need A shop (or actually a store front) where you can display your videos and your sign post. You can share a shop with a friend.   You just need a staff to register all videos available, register all your members, register videos that people borrow etc. Type of Videos: This is a tricky one. From looking at those shops in my area, I see that they have more of Yoruba Videos.   I live in Lagos Nigeria, if you live in any other locality, find movies in the local language. Also ...

Introduction This is really an interesting business if you look closely. I didn’t quite realize it until one day the man that runs the small kiosk near my house gave me my bill. Well I had been taking stuff from him on credit for over a month and he then billed me.  The bill didn’t come as a surprise to me but what did was the amount on the bill – N 5,500! How did only me consume that much in a month on just little things? I couldn’t believe it until he showed me his record and then I realized something, this guy was making money! How many other people staying around me consume that much? What you need Starting this type of business is very easy. You only need to find a space in your neighborhood that you can use as a shop. In choosing your shop or kiosk, make sure there not more than two shops on the street. Getting Customers You don’t need even to do any type of advertising, just open your shop and display your products! Product Selection You need to be very careful here. ...