5 Profitable and Fast Selling Products You Can Start Producing and Selling with Little Capital as a Fresh Entrepreneur in Nigeria.
Recently, I discussed 6 reasons why you should choose entrepreneurship over a salaried job, and I believe you would prefer to be self-employed.
Now, I want to discuss with you five fast selling products you can start as a fresh entrepreneur that will yield great income.
1. Plantain chips;
81% Nigerians know this product as one of the fast selling products when it comes to trading.Yoruba people regard it as (Iya kaabo Omo kuule).
I have a friend who buys this product in bulk and re- sells it in pieces, he makes a lot of money through this.
Assuming he's now the one producing it, how much income do you think that my friend will be making daily?
You too can give it your best shot because it production is not as difficult as you think.
2. Groundnut;
This is one of the products I will bet you try.You know why? Because you don't need a tray to hawk this time around, you are not selling it locally.
As an educated entrepreneur, you have to be creative and intelligent, modernise your way of selling by getting emptied and cleaned bottles or plastic bottles and package your product and start selling it to the supermarkets.
You want to find out whether supermarkets sell it?
Okay, go to any supermarket and ask for bottled groundnut and see whether you won't get your order.
Being a fresh entrepreneur, you can start selling this and be making your cool money before starting something bigger. You can learn how to roast/ fry groundnut without much difficulties and start with a little capital.
3. London used cloth;
In fact, I love the name we call it in this country, some call it "Akube" while others call it "Okirika".Why do most Nigerians prefer it over new cloths is that it's so cheap and last longer, it sales is fast in the market.
You as a fresh entrepreneur can start selling this okirika and be making your money.
This business is really profitable because you spend too little capital to start, like #7,000 or so and you don't necessarily need to rent a shop before you can market it.
You'll buy it cheaper in places like Lagos at Katangwa, Asuani, Idumota, and so on.
4. Liquid soap;
This is one of the products I believe some students choose the most during their entrepreneurship practical in school.Liquid soap sells fast nowadays because there are canteens, hotels, and other places where liquid soap is now preferred.
Learn how to produce it and start producing it with little capital.
After production, visit some places I mentioned earlier and introduce your product to them.
Some of them can buy 20 litres at once, so imagine you produce 50 litres at #5000 and sell 20litres at #4500, it means you are making the profit of #6750 within two days if you deduct the production cost.
I can guarantee you this will put some money in your pocket.
5. Pop Corn;
You can be a producer of pop corn and be making your cool cash.All you need to do is learn how to produce it from an expert so that you won't mess things up.
Target high patronages like students at all level and start maximising your profit.
Could you now see that not all products are money consuming.
Every successful business man starts from small scale to medium scale and later to large scale.
You can learn how to produce liquid soap and other products if you don't want to be a retailer only.
In conclusion, Risk taking is one of the qualities of any successful entrepreneur, take this risk today and discover what you've been missing since.
Don't wait for a white collar job.
those are some of the products you can venture into with little capital and you tend to make it big if you are serious about your business.
I have confidence in Nigerian youths, we are not lazy, rather we're hardworking.
Is there any other profitable product that our people can be selling with little capital that I forgot to mention here?
Drop your own comment here and let people benefit from your ideas.
Good one bro... Keep it up
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