As a follow up to the post I wrote yesterday, I will be presenting a
list of five businesses that you can conveniently run together with your
job. The aim is to ensure you build something you can fall back on in
the event that you lose your job or you are retired without a plan.
1
Real estate you do not have to be a mogul in the real estate business
to do it on the side. I am sure many people are pretty intimidated by
such a large sounding word but it is not as difficult as it is made to
seem. With a small initial capital you can do some prospecting and buy a
property of your choice. One thing you keep in mind is that land always
appreciates and upon your retirement, if you have enough in your
portfolio, you can always sell to make a tidy profit. You can even have a
personal land acquisition scheme where you will save a certain amount
yearly and at the end of each year you buy a property. It may be a bit
inconvenient at first but imagine if you do this for 30 years, it means
you automatically have 30 pieces of real estate and the profits you will
make upon each will be mind boggling.
2 Blogging For the
technologically savvy, you may decide to go into Blogging. One thing you
must take into notice however is that you have to put a lot of efforts
in it at first and on the long run you can make a lot out of it. You do
not have to blog about entertainment, but you can write on anything that
interests you and still make a living from it. As with other offline
businesses, dedication and consistency are key to achieving success.
3
Poultry The economy of Nigeria is fast moving from an import dependent
economy to one focused on products made here in Nigeria. The focus now
is on agriculture and poultry farming is booming. If you are meticulous
and interested in animal breeding, poultry farming is your best bet. On a
small scale or on a large scale the size of your investment determines
the profit you will reap.
4 Fish farming also in line with the point
above, fish farming is another lucrative area of agriculture you can
conveniently pursue along with your job. You may even decide to do it in
your backyard or in an abandoned secure parcel of land. Dedication is
key to being successful in it.
5 Importation Though there are various
restrictions on import right now, there are still some items that can
be legally imported and which also have a large market. At the
convenience of your home, you can order for these items and they will be
delivered to your doorstep. All you have to do is locate a market and
supply as is needed. There are a number of free reports online that can
help you in your quest to succeed in this business. Ensure however that
you are safe while shopping online by going through the security tips
from your financial institution.
You can go through the points above
and when you see the area that interests you, make sure you carry out
adequate research and do not rush into it.
Do share this article with a friend, you never know who will need it.
Cheers.
source
www.hoomadeit.com/2016/03/five-businesses-you-can-run-with-your.html?m=1
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