Self employment means being your employer – your boss – rather than relying on someone else to employ you to work for him in his own business. There has been an increasing call for entrepreneurship in the country, considering what many people prefer to call the deplorable state of the labour market.

If you are out of work, ask yourself whether you should consider your own business or continue waiting for the right job to come your way. The information presented here should help you in making the right decision.

The Employment Situation

On top of this, higher learning institutions churn out graduates into the labour market every year. The sad thing here is that the education system in Nigeria places less emphasis on self-employment. But more on preparing people for jobs that are not available.

Those lucky enough to have a job also have their problems. Many have to make do with meagre salaries. It is common to hear of workers being owed salaries for several months by employers, including the government.

Employees, especially those in private, non-unionized establishments, are often reluctant to protest for better treatment for fear of being given the sack.

Self Employment in Nigeria

Small business owners are also experiencing challenges with irregular power supply and high taxation, amongst other issues. Some of these businesses are often forced to pack up due to doing business in Nigeria.

Becoming Self-Employed through Network Marketing

And earning does not stop there. You can also make extra money by sponsoring or introducing new distributors to the business. Here are a few of the benefits of self employment with network marketing.

No office - One of the main appeals of network marketing is that you do not need an office to start making money. It saves you money on rent. You also do not require employees to start.

High-income potential - Aside from sales commissions, you stand to make residual income from efforts made by those you sponsor (your downlines). These can significantly surpass what you can earn working for someone else.

Freedom - With network marketing, you can decide how much you want to work. You are not restricted to fixed work hours as an average employee would.

Entrepreneurship is not an easy thing in Nigeria without access to significant capital. Network marketing offers a less capital-intensive means to become self-employed.

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