BIGGEST ENTREPRENEURSHIP TRENDS IN 2019

Fashion Designing

Tailoring in recent years has evolved into a big industry in Nigeria.   If you have an eye for fashion, then you can begin to work on delving into the fashion industry. One of the amazing things about this is that mastering the skill of sewing isn’t much of a big deal. I have friends who have thrown away their certificates and within a few months, they are already in the business of sewing.

Social Media Management and Influencing

If you are knowledgeable about social media, then you can potentially provide your services to various businesses in managing their social media accounts. Managing social media accounts can earn six figures monthly. Folks that can concentrate more on building social media accounts can eventually build a business as a social media influencer, which earns money from posting about different brands and promotions. A practical example is Instablog9ja.

Client Service

More obvious now is that small businesses must compete for every client acquisition and retention. The cost of this has more impact on small businesses than it does on big businesses, as big businesses have larger budgets on advertising. With good customer service comes client acquisition and retention as customers will keep going back to businesses that they feel treated them well, and also refer other people to the business. Companies should also endeavour to bring customer service to the place where most customers are, which is on social media. Due to this, the inclusion of chat apps is necessary.

Freelance Writing

If you have some writing skills, then you can start a writing business very easily by providing your services to businesses on a freelance basis. Lots of bloggers and businesses out there need freelance writers.

Social Media - Story Telling

Unlike before, SMEs and even big businesses are now on social media. Realizing that both present and potential customers spend a large amount of time on social media will make SMEs realize the effect social media has on businesses. Being on social media has a lot of advantages for SMEs and top on the list is the low cost and amount of work needed to run a social media page. Hiring a social media expert allows for the growth of the pages, creates presence on social media platforms and potentially increases sales which give small business owners free space to focus on other aspects of the business.

Child Care Services

If you love and can tolerate children, that is a business idea in Nigeria today. You can start a child care or crèche business from your home or even provide these services in your family home. You can even start by babysitting or even as a nanny. This service is on high demand in Nigeria because of the working nature of parents.

Event planning

Event planning is a big deal in Nigeria today. Those who are highly social, party freaks, and those with strong organizational and communication skills find it very easy to create a brand in this fast-growing industry in Nigeria. The event planning industry is the fastest growing business all over the world. It is a kind of business that is well recognized and very lucrative.

Boutiques

The clothing line industry comprises small retail stores that sell a limited range of clothing and accessories. The industry is defined as single-establishment stores only. Clothing stores (boutiques) can be strictly designer based (i.e. only one designer’s collection is sold there), or sell a mix of designers’ labels that are in demand in the local market. If nothing sells, clothes will.

E-commerce Reselling

Even if you do not necessarily make your own items, you can purchase and resell things on Jumia or Konga sites without any prior knowledge or business. You can even take it a step higher by designing your own e-commerce store and selling these products, building your own brand.

Web and Graphic Design

If you have knowledge or experience in web design, then you can provide your services to customers and create your own business as a web designer. Funnily enough, folks don’t know that you don’t need to write codes to design websites. I have a course that has taught tons of people how to design a website without writing a piece of code. If you have design experience, you can work on attracting your own customers who need things like a logo or branding design elements. Knowing how to design a website is an awesome business idea in Nigeria because we are still at the liminal phase of a shift from traditional marketing to digital marketing. The demand for websites is high.

Hairdressing and Makeup

You can start your own business as a hairdresser or hairstylist today. Back in the day, almost all females could dress hair. Who would have thought it would become a huge market today? Similarly, you can create a client base and provide makeup services for events, photoshoots or special occasions. You can take it a step ahead by having a beauty studio.

Photography

You can also easily start a photography business to provide photography services for events or local customers who want to schedule portrait photoshoots. Photography is a big industry today; you will need to be highly creative to create a niche, and also learn the business angle of it.

Food Vendor Service

If nothing else sells, especially in Nigeria, food will. “Mama Put”, as it is fondly called, is a good business in Nigeria.  You can also prepare single-service meals and sell to consumers at home or to ordinary commercial kitchens if you have the supplies and necessary licenses.

YouTube Personality

YouTube also provides a popular forum for people to share information about many different topics. You can also earn a part of advertising revenue by posting and promoting your own videos.

E-book Writer

Writing a book is not an easy venture. But there is no official professional experience required to publish it and sell your own e-book online. Self-publishing is a big industry right now, thanks to platforms like Okada Books in Nigeria today. You can even sell your own e-book on your blog or website.

Interior Decoration

You can start a business as an interior decorator without any expensive equipment or complex business knowledge. Once you have basic decoration skills, events, houses, offices will need them.

Editing

If you want to work from home or even just want to have a small side business, then you can provide proofreading services to businesses, authors or individuals who want to pay someone to vet their work.

Party Rental Services

Parties are big deals in Nigeria. Needless to say, the sequel to this, rental services, has become a lucrative business in Nigeria today. You may need to connect with lots of event planners so that any equipment you have for rent gets busy every week. You can rent from halls to canopies to sound systems, and there are lots of related business ideas.