How To Make ₦2000 daily

Making money is probably the goal of everyone that works, irrespective of the job. The global economic meltdown resulting from the Covid-19 pandemic has forced corporate organizations to adopt a new style of practices.  Likewise, the reduction of the workforce, as well as slashing of staff salaries, has been done all in a bid to reduce cost and save money.

Many youths in Nigeria and all over the world often look forward to getting paid monthly. This means they sometimes forget or are ignorant of how to diversify their sources of income.

SIDE HUSTLE as it is popularly called in Nigeria can be a source of that extra income you need to boost your financial capacity. By engaging in some small-scale lucrative businesses (both online and offline), you can create an additional revenue source of daily earning.

The fact is earning two thousand naira (₦2,000) daily seems small, the truth is they are not meant to replace your actual source of income. It is meant to help you handle relatively inexpensive expenses that might eat deep into your actual earnings.

My name is Daniel Umeh and in this article, I will be focussing on the few businesses that individuals can engage and earn up to ₦2,000 daily. Let’s go through the list together below:

BLOGGING

Embracing the internet can be a source of revenue for interested individuals. Blogging over the years most especially lately has changed how the internet is perceived in Nigeria.

An individual can focus on a particular niche or category, create content on it and publish it. For instance, examples of categories individuals can focus on are fashion, business, tech, gaming, and others. Individuals can then proceed to monetize their blogs by participating in the Google AdSense program. Engaging AdSense on blogs is a legitimate way of making more money, plus Google runs a trustworthy payment system. Other monetization methods abound and it boils down to individual preferences. One of our favorites is Affiliate marketing.

Pros of Blogging

• Individuals become better writers: Blogging helps one become a better blogger by writing pages every day after all that bloggers do all the time.
• Blogging makes publishers knowledgeable in their fields: In a bid always put up content for blogs individuals acquire vast information about their chosen field.
• Gives room for Expression: This will allow publishers to express their thoughts and perspectives about certain topics.
• Opportunity to create an online identity: Either a business or a personal blog, blogging helps to create an identity for publishers.
• Build Trust: Trust is earned; Blogging can help achieve that with your audience so long as publishers keep providing accurate information.
• Sales: A blog can be a good platform for a virtual or online store.
• Build a network: This allows building a reliable network for you and your blog. To achieve this, your blog has to be informative and at the same time interesting.

Cons of Blogging

• Creating unique and valuable content is time-consuming
• If your aim is to make money instantly, then blogging might not be for you.
• Picking a lucrative niche to major in might be hard
• Highly competitive environment. Blogs in similar niches have to contend for the same audiences.

FREELANCING

This is another lucrative means of making money online. To run a freelancing business all you need is an in-demand skill, a good internet connection, and mobile devices such as laptops, phones, etc.

Freelancing comes with proving how good you are with your skills and over time you get more patronage. Freelancing gigs include; writing, transcription and translation, voice-overs, and so on. Simply find one that works for you and start earning.

Getting freelance gigs isn’t difficult as there are many platforms out there that can help you with that. The most common is Fiverr as well as Upwork.

Pros of Freelancing

• Freelancing gives an option of independence. It frees individuals from the burden of a regular job, plus an option of working alone is available as well.
• Freelancers can decide on which client to work with. They also are able to decide the number of clients to work with.
• Freelancers control the workload they take, and this is a huge benefit. You work as much as little you want.
• All profit belongs to you as a freelancer: You don’t have to split the profit with anyone since you alone do all the work and this is beneficial.

Cons of Freelancing

• If you use platforms like Fiverr, getting gigs at first might be difficult.
• The possibility of running into fraudulent clients exists
• A negative review can hurt your freelance business

Transport Services 

This is rapidly becoming a mainstream occupation in Nigeria as of today. Millions of people commute every day and majorly by road. Transport service giant Uber can attest to its success in Nigeria.

Now, individuals can earn money for themselves through this. Ride-hailing services are a good form of transport services that individuals can earn money from. Some trustworthy and popular ride-hailing services are Uber, Bolt, and a host of others.

Another beauty of offering transport service is you can rely on word-of-mouth marketing to help create buzz around your business.

Pros of Ride-Hailing services

• It is a professional service: Drivers use their cars, and there are structures in place that make working formal and problem-free.
• Convenient: The service has been made easy for both passengers and drivers.
• The safety of passengers as well as drivers are emphasized.
• You can decide when you work and when you don’t.

Cons of Ride-Hailing services

• Getting into one requires you to own a vehicle
• They often have strict acceptance policies
• You share your profit with the service

Affiliate Marketing

This is a more recent form of marketing that is gaining ground in Nigeria. It involves earning a commission for referring a customer(s) to purchase goods and services of your merchant.

The commissions are fixed although some allow you to negotiate a favorable term. Other merchants allow for extra bonuses and milestone packages. A few organizations that run affiliate marketing programs are Jumia, Amazon, Konga. If you feel these are the big leagues, virtually any company that offers goods or services for sale will run an affiliate program. If you are not sure, walking into their office and simply ask.

All an interested individual has to do is sign up for any of the programs and begin to earn money.

Pros of Affiliate Marketing

• It is a work-based income: The more efficient you are, the more money you make. The commission is paid on a per-sale basis, so the more sales you make the more income you get.
• There is no limit: With affiliate marketing, there is no set limit. The more people you market to the more leads you generate which can, in turn, be income for you, one can reach a milestone in no time at all with affiliate marketing.
• Customer service isn’t required: A marketer doesn’t have to provide customer service because service at times may turn out to be a headache.
• Flexibility: A marketer doesn’t have to stick to just one program; you can decide to try on some other programs. The more programs you’re involved in means more money.
• Freedom: As a marketer, you are not under pressure from companies to meet a particular target. You market and promote at your pace and the advertisement of a product can be of any type.
• No experience required: No experience is required to join the program and start making money. All that is required is basic human communication skills.

Cons of Affiliate Marketing

• There are tons of affiliate offers on the internet today. Picking the right one can be hard.
• Affiliate commission can be small and the high-paying programs don’t convert easily.
• Getting people to purchase a product or service from a merchant isn’t as easy as you might think.
• Promoting bad offers might damage your reputation.

Virtual Assistant

Virtual assistants are independent workers that provide administrative services to clients while working remotely. AS remote jobs begin to gain ground in Nigeria, there will be demands for virtual assistants.

Any individual can take up this form of a job as long as they have mobile devices and a good internet connection. Having any form of experience in this type of job is an added advantage for you.

Pros of Virtual Assistant

• It is a remote job: This means you can work from any location of your choice so long as you’re able to perform office duties when called upon. A lot of people chose to work from home when they try being a virtual assistant.
• You chose whom you work with: Usually, virtual assistants work for many people and get paid per hour or task. There is an option to not work for one company or person, the more companies you work for, the more money you make as a virtual assistant.
• Set your rates: As an assistant, you can set your rate. You can adjust your rate to make more money for yourself. As a virtual assistant, you’re selling your service at a rate that is favorable to you and your employer.
• Possibility of a full-time job: As an assistant, there can be possibilities of securing a full-time job if a particular employer likes how your services are been delivered. You just have to make your work make clients happy and there can be a huge possibility there.
• Learn new skills: The more skills you learn, the more you can sell your services to earn money for yourself.

Information Marketing

The concept of Information marketing deals with creating, selling an information product. Information marketing requires no start-up cost. You start by making your ideas and tips available. Narrow down your ideas and tips to a few top-notch content then you start creating and then sell to earn money.

To be an information marketer your knowledge bank has to be incredibly vast. You need to serve topic content that suits the need of your target audience. Information marketing can come in form of e-books, video or audio content, and many more. With information marketing, a marketer can leverage his knowledge optimally.

Pros of Information Marketing

• It leverages what you know: this making money based on what you know.
• Those who Buy will buy more: Those who buy information from you will come back to buy more as far they are happy with your content they’d love to get more information about other subjects from you.
• Customer Relations: Interaction with customers is possible as this will allow you to know their level of satisfaction with your content.
• Few or no staff member is necessary: You can run the business all by yourself, and sometimes outsourcing some research request is a wise choice, as no man is an island of knowledge.
• Large profit potential: Good research on potential customers can lead to large profit potential. Selling information to them at the right amount will earn you money easily.
• It takes little or no capital to start: The major things you need to start information marketing are mobile devices and a good internet connection to make extensive research on the internet.

Cons of Information Marketing

• Requires deep knowledge of the topic being discussed.
• Creating video content or eBooks can be challenging.
• Finding the right market isn’t fairly straightforward.
• Earning money via information marketing isn’t instantly but you earn as long as you sell.

Middleman

A middleman serves as the link between the producer and the customer. This can be likened to regular buying and selling, as the middle man buys in bulk and later sells to customers for profit.

This works faster when you buy and sell products that you’re used to and are in high demand by customers and supply is never hard. This can, in turn, earn you more money.

Pros of Middleman

• You make a profit when you resell: As a middle man you sell to a customer in units and then in turn you make more money.
• It requires little or no experience. all you need is the knowledge of the products you are reselling.
• You don’t necessarily have to start with a large amount of money. You can always start small then save up to make the business grow.
• Engage the sale of more than one product to increase knowledge and have product options available to customers.

Cons of Middleman

• You only earn when a deal is sealed.
• If you use the buying and reselling approach, you require capital to start

Web Design/Development

Embracing technology can turn out to be a source of revenue for interested individuals. Many businesses need to take their business online and this can be done through websites where all their information is readily available to customers.

Web development can be lucrative but can be challenging as well. It requires learning some basic and at the same time complex computer skills which demand a lot of practice hence, it demands time. You need time to practice these skills and hone them to a certain level.

you can decide to learn front-end web development or simply learn the more complex back-end web development. ultimately, you can decide to be a full-stack web developer. Whichever you chose to practice can become a serious revenue stream and even replace your regular source of income.

Pros of Web development

• It is one of the most sought-after skills set in the world today. And as a web developer job offers are limitless.
• It is a high-paying job for experts
• Independence: As a web developer you can choose to work alone or as a team.
• It is fully remote; It a remote job you can choose to work from anywhere.

Cons of Web development

• Highly technical and time-consuming to learn

Proof-reading

Proofreading is another lucrative job that is on the rise in today’s world. Proofreading involves catching spelling mistakes and grammar errors in any piece of writing. You can perform proofreading remotely from any part of the globe.

Pros of Proofreading

• It is remote: you can work from any part of the world as far as you have a good internet connection.
• It can be a good source of earning extra cash for oneself.

Cons of Proofreading

• Adequate knowledge of the English language is essential.

Tutoring

An individual can decide to engage in tutoring at any level. The common form of tutoring is to be a language tutor. You can decide to be an international language tutor, personal tutor, or business tutor. The best part, you can do this either physically or virtual and you still earn for your services.

Some international companies in foreign countries hire indigenous citizens to teach their staff languages. Another way is to use platforms such as Udemy and Coursera to teach your skill to others who need it.

Pros of Tutoring

• Can work remotely and conveniently at your time
• Only requires the knowledge of whatever field you chose
• You can keep earning from content so long it remains relevant.

Conclusion

Making money has never been this easy before. The combination of technology with the human need to constantly evolve the working process has made it so.

In today’s world, you don’t need to go to an office before you can earn. All you need is a valuable in-demand skill that you can leverage to create wealth for yourself.

Also keep in mind that whether working from home or an office, businesses generally demand hard work and consistency for their success. And with the businesses above, we are sure that you as an individual will earn money.