Is it possible to make 10,000 Naira daily? In this article, I will show you how to make 10,000 Naira in a day with ease.
Right here, you’ll learn how the best businesses, both physical and online, businesses to set up to enable you to earn at least 10k every day.
I’ve grouped these businesses into three broad categories that you can choose from to make 10,000 Naira every day – setting up a business, offering services, and starting an agency.
So, without further ado, let’s get started.
How to make 10,000 Naira in a day- Starting a small business.
A small business is an excellent way to make a substantive income. Before going ahead, it’s essential to understand the risks and rewards. Let’s quickly go through some small businesses that can fetch you at least 10,000 naira daily.
Start a food business.
Starting a food business is one of the most popular and profitable businesses to start in Nigeria. There are many opportunities available, so whatever your cooking dreams may be, there’s a perfect business for you.
Research is key to success if you’re interested in starting a home-based food business or going the franchising route—; hiring chefs and catering staff for events and securing financing. You will also need a restaurant or cafe.
Be prepared for setbacks by getting to know your niche and finding the right business plan before starting. As with any other venture, patience and hard work will pay off.
You will easily make an extra ten thousand naira with a decent amount of interest and returns. Popular food sellers and restaurant owners report making over 20,000 Naira in profit daily.
Cooking gas business
Cooking gas is an essential commodity for many people around the world. Many Nigerians are beginning to adopt cooking gas over other alternative methods due to its flexibility and ease of use. It’s a bankable industry because demand keeps increasing every day.
To start your cooking gas business, you must develop a marketing strategy and design a sales funnel to help you reach your target market. You will also need to choose a good location for your business. A good location ensures that you are found by those who need your service.
You will also need adequate training and information on operating devices and machinery and the risks involved. This entails learning about safety tips and precautions.
Additionally, you will need to have a license issued by the Department of Petroleum Resources and register your business with the Corporate Affairs Commission.
Once you have done this, selecting the right cooking gas supplier is essential to ensure high-quality products and customer satisfaction.
Popularly known as a dry-cleaning business in Nigeria, the laundry business involves washing, drying and ironing clothes for individuals or groups. It is a low-risk business that you can start with little to no capital investments by offering home services.
Due to the ever-growing population, there is a high demand for dry-cleaning services, and people are left with little to no time to do such tasks due to work and numerous engagements.
Many people opt to start their own dry-cleaning/laundry business because they believe it to be a lucrative venture, which it is. However, doing your research and having a solid plan before starting up is essential. Here are some things you need to keep in mind:
1) You will need a good location and signage if you want your business to thrive. Make sure that the area is accessible and has ample foot traffic so that customers can find you easily.
2) You will need specialised machines for drying clothes or laundering them; these can often be purchased.
3) Keep your inventory well stocked – this ensures high demand from customers without having too much work on your part (provided you price the services reasonably). An inventory will help you know which clothes and when they are needed.
While it certainly isn’t easy setting up a successful dry-cleaning/laundry business, it’s possible with enough hard work and dedication!
It is vital to be clear on your objective. Are you looking to make a profit or provide a service? Then the type of business you should set up would be different. Bolt is more like a taxi service, where customers pay by minute or distance, and drivers get paid per ride.
On the other hand, Uber operates as a ride-sharing platform – meaning that riders are charged according to how far they travelled and not by time. Notwithstanding, both platforms provide similar services.
Bolt is the second most popular business after Uber, and both have provided employment opportunities to numerous drivers in Nigeria. You can earn on an average 10,000 naira every day as a Bolt or Uber driver.
To become a driver on either platform, you must have a car that meets requirements like roadworthiness, insurance and accreditation. You will also need to be of age and have a driver’s license before registering on each platform.
If you are comfortable with offering driving services and have the required type of car, you might want to consider it an option. This business allows you to be your boss as you work whenever you want to and get paid for it.
Car Wash business
Starting your own car wash business is a great way to make money and work on your terms. A car wash business is lucrative and in high demand in Nigeria because numerous households have a car or more that occasionally need a wash.
Most people buy cars, dedicate a part of their budget to maintain them, and are usually too busy to wash their cars themselves; hence, they hire the services of a car wash centre. Due to the muddy nature of rainy seasons and the dusty nature of dry seasons, cars are always in need of a wash.
You can run the business in various ways – either you do it yourself or hire workers and pay them a salary. However, you will need a car wash area, pumps and hoses for washing cars, laundry machines, plus drying equipment.
Make sure you have a good marketing strategy, so customers know about you and come flocking to your door!
How to make 10,000 naira in a day – Offer services
It can be hard to make a buck online, but it’s not impossible. The key is offering services that people want to buy from you. This means researching which services are popular among your target market and offering them first. Take advantage of seasonal trends to increase conversion rates. Popular services include content writing, digital marketing, and graphic design.
Your offerings must be valuable. This means providing high-quality products and services at a fair price. If you can do all of this, you’re on your way to making 10,000 Naira (or more) in no time!
Below are some services you can offer.
As a freelancer:
Freelancing can be a great way to earn an extra income. It’s also a great way to flex your creative muscles and work on projects you’re passionate about. You can offer your services as a freelancer through social media, online platforms, etc. Freelance services you can offer include writing, editing, transcription, and graphics design.
Some of the services you offer do not require you to have a form of speciality, but rather the right skills and knowledge like editing – you will need to have the ability to spot errors and correct them.
You can even start your own business by specialising in a specific market or niche. However, finding the right market for yourself is crucial before starting freelancing gigs. After all, if you don’t make enough money from these activities, it won’t be worth it!
Offer services on Owodaily
If you have a clear idea of what services you would like to offer on Owodaily, it is time to get started. Owodaily is a platform where digital workers complete different jobs and tasks like promoting products and services.
On Owodaily, you get access to digital jobs and tasks and get paid after the jobs have been approved and the tasks completed successfully.
You can also choose to be an affiliate of the program and get paid for promoting the services and products of others on the OwoDaily marketplace.
Services, jobs and tasks available on the platform include app downloads and social media promotion.
There are many options available regarding marketing and selling services on Owodaily. It all depends on what speaks louder to you – creativity or pragmatism!
Learn how to make N245,000 monthly from Owodaily here.
Sign up on Owodaily here and make money daily.
Offer services on Upwork
If you want to make some extra 10,000 Naira and gain experience in your field, freelancing on Upwork is excellent. You will easily find a service that you can offer on Upwork.
Upwork is an online freelancing platform that makes finding jobs and making money more accessible. You can find jobs on the platform by bidding on them and getting paid after completing the task. Nigerians can get paid directly into their bank accounts without using a payment gateway.
You can offer services on Upwork are web design, graphics design, content writing, programming, social media marketing, and customer service.
This online platform offers hundreds of jobs for freelance writers, designers, marketers etc. So it’s always worth checking out the latest offerings to find the perfect match for your skills and experience.
Offer services on Fiverr
Freelance work can be a great way to make some extra money. Fiverr is a platform for connecting with potential clients and earning money while doing what you love.
On Fiverr, you can keep track of hours worked to accurately quote rates for your services and be paid on time – no one likes to wait! It’s also crucial that you provide high-quality work at an affordable price.
Some services you can offer on Fiverr are content writing, web design, graphics design, photoshop editing and transcription.
And last but not least, you must treat your clients with respect so they become recurring buyers of your services.
Offer services on Toptal
Toptal is another popular freelance platform. It is usually an intermediary between hiring companies and freelancers looking for work. Toptal only accepts the top 3% of applicants, which means they only accept the best.
If you’re looking for an easy way to earn extra money on the side and have years of experience, Toptal might be the perfect platform for you. To get started, apply on the website, simply post your services, and ensure that you include keywords that are relevant to your industry.
You can offer services on Toptal, including copywriting, editing, transcription, web design, social media marketing and voiceovers.
You can also target potential clients by creating a targeted marketing campaign or writing quality blog posts that discuss specific issues related to freelancing. Be responsive to client feedback – this will help build trust and good relations with them in the long run.
Offer freelance services on People per hour.
There are several ways for you to earn extra money on this platform. You can browse jobs or post your projects. You can offer services like writing and editing and get paid after you have completed the service.
Services like mobile app and android development, data science, UI and UX design, web design content writing, and software development on Toptal.
Offering freelance work on People per hour is a great way to make extra money and gain valuable experience. However, it’s crucial that you charge a fair rate for your time, be professional and organised, and target clients who need your help. Doing this can ensure you can live comfortably while working towards your goals.
Start an agency
Starting your own business – like an agency, can be a daunting task, but with the right approach and determination, it’s achievable and an excellent option to earn extra money.
There are several ways to start an agency, so it’s essential to find one which suits you. First, determine your target market and research the industry.
There are different types of agencies you can consider starting on, some of which are:
Social media marketing agency
Businesses badly need social media managers to build an online presence on various social media platforms.
Starting a social media marketing agency– where you manage the social media accounts for brands is an excellent way to make big bucks.
You must first research what attracts people on social media platforms to start. Once you know this, create engaging content that will keep your followers hooked. The best way to do this is by posting regular updates and leaving plenty of room for comments from your followers.
Additionally, you can promote your marketing services through online directories and word-of-mouth campaigns.
And the best part is, you earn some extra money!
Digital marketing agency
Digital marketing agencies play an essential role in helping businesses reach out to potential and current customers online. By design, digital marketing is all about creating and delivering relevant content that attracts attention and drives conversions.
Check out this post by SEMRush to learn how to start your own digital marketing agency.
To provide the best possible service, it is essential to have strong relationships with clients. You’ll also need to market your services effectively – creating attractive websites and effective marketing materials.
Making money from a digital marketing agency can be done through commissions and fees for services rendered. However, if you’re thinking of starting one up on your own, creating a detailed business plan is essential, so you don’t waste valuable time or money.
Content Marketing Agency
A content marketing agency is an institution or business responsible for providing content-related services to different businesses or organisations to enhance their online presence and sales.
A content marketing agency is responsible for boosting conversions for these businesses by providing content that aims to influence others to make purchases and decisions that fit their sales funnel.
Learn how to start a content marketing agency from scratch here.
If you’re looking to begin a content marketing agency, you will need a strong branding strategy. Without this vital component in place, it will be difficult for clients to differentiate your agency from the others easily.
And besides, with the right skills and practice, you can easily make 10,000 Naira!
Affiliate Marketing: The easiest way to make 10,000 Naira daily in Nigeria
What is affiliate marketing? Simply put, affiliate marketing is a business model where you become an affiliate (a middleman) and sell products you’ve created or found elsewhere. The main benefit of this business model is that it’s highly flexible – you can work from anywhere in the world and take advantage of any online channel that offers decent web traffic.
Making 10,000 Naira in affiliate marketing can take a few easy steps. First, find a good affiliate product to promote. Once you have found the product, sign up with the affiliate marketing program and start promoting it.
Many affiliate marketing programs are available, so it’s crucial to select the right one for you.
Once you have selected the right program, ensure you’re familiar with affiliate marketing basics – such as creating an affiliate marketing blog and paid ad campaigns.
Going through the route of paid campaigns or an affiliate marketing blog depends entirely on you.
Running ads may not be ideal for you if you’re a beginner. Instead, you might want to check out this blogging guide that can help you earn up to $1,000 monthly in affiliate commissions.
Making N10,000 daily, which amounts to N300,000 monthly, is achievable without working a 9-5 job.
I’ve outlined various ways to make money through physical and online businesses in this article.
So, let me know your thoughts on them. Which of the businesses are you starting? Let me know in the comments section.