Are you searching for business opportunities in Nigeria? The best bet is to learn how to create information products.
Many Nigerians have turned their lives from rags to riches by becoming information entrepreneurs.
Before sharing case studies of some Nigerians who discovered a goldmine in information products, let me elaborate on the business.
An information product describes a step-by-step solution to a specific problem bothering a particular target market audience. It can be in the form of a book, manual, audiovisual CD, e-book.
The cost of producing it is very minimal when you compare it to the cost of starting a retail store business.
It's an ideal business for people with limited capital to start a business or those wondering how they will make money from their passion or experience acquired in a particular field.
It's one of Nigeria's easiest and profitable opportunities to earn substantial income if you understand the process.
Here is a case study by Lawal Ibidapo, as he reported in the Success Digest Extra Newspaper on how he discovered business opportunities in Nigeria. “In September 2005, I was bankrupt, and I was so disturbed that I didn’t know what else to do while sitting in a restaurant in O.A.U, Ife.
Two SMS entered my phone (has been off for three weeks), notifying me that two people had paid for prepaid credit cards I was selling then.
I quickly calculated my profit, realizing I had just made N22,500 profit. I was so excited that I immediately decided to heed my friend’s advice that I should create my first e-book.
I paid N7,500 for the advertisement of the e-book, and that was a turning point.
1st Month = N108,000
2nd Month = 120,000
3rd Month = N250,000
10th Month = 1 million profit
18th Month = 4 million
The rest is history.”
Here are two other Nigerians making good money from business opportunities in Nigeria - information products as reported by Onwealth Club:
“Mr. O.I. Tobias using the proper business technique sells contact addresses of where people can export snail from Nigeria for N10,000.
And the people who need the contacts rush him with their money to get what he has; contact addresses!
David Johnson has an information product on “Solution to Divorce.” The product right now brings in millions of naira (converted to naira) a month for him.”
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