5 Businesses You Can Start From Home in 2022 With Under ₦50k ($100)

Remember when you didn’t need to think about where your money was coming from, you could just depend on your parent’s to foot your bills? Yeah, I miss those times too. Number one truth about adulting: You will pay bills- lots of them, and then you will suddenly understand why there was always “rice at home”. 

As you get older, the need to be self-sufficient becomes even more pronounced, especially for women who are oftentimes robbed of choice when they become dependent on a person. 

So, where exactly does one start? What business can you launch if you have little to no financial backing? Your best bet, a low risk business idea that requires zero to minimal capital but guarantees a return on investment.

DROP SHIPPING

The cool thing about drop shipping is that you can start it with nothing. The way drop shipping works, people buy an item from you, you place an order with the supplier using the money paid to you, the supplier ships directly to the consumer and you keep the difference as profit. The beauty of this business model is that you don’t have to spend a lot on inventory upfront especially when you’re starting out and you’re not sure how many customers you have.

It’s up to you to decide how you want to market your business. You can create an online store, an instagram page or use word of mouth. 

What You’ll Need:

• Product Idea
• Supplier
• Store Front (optional)
• Social Media Page (optional)

Leave a comment at the end of the post if you’d like to learn more about drop shipping.

MEAL DELIVERY

If you’re college aged or older. You probably have friends that live alone (or in dorms for college students). For any of these scenarios, eating out can get pretty expensive. Ask your friends if they’re open to having you bulk cook for them on a weekly basis. If you have the capacity, you can even decide to do it daily or periodically. Your unique selling point should be that your service is either less expensive or of better quality than eating out and/or more convenient if you’re delivering the food to them. If you’re preparing in bulk, you might be able to work out and arrangement where they pick up the food from you as well. 

A tip: Ask your clients if they prefer the food served in individual meal prep containers, that can be taken per meal, as opposed to one big pan.

What You’ll Need:

• Pots
• Spices
• Serving containers

SELLING VIA PRE ORDERS

It’s up to you to decide on your product of choice, but with this business model, you can receive a verified customer list and capital upfront before fully investing in the products. Make sure you have a supplier and you’ve ironed out all the details beforehand so you’re ready to ship once your pre-order timeline ends. Unlike drop shipping, your supplier would ship directly to you and you’ll ship to your consumer. This gives you the opportunity to brand the product if needed. Make sure you communicate the delivery time to the customers so they know what to expect. Also. remember to either charge for shipping or, include the cost of shipping in your overall product price.

Alibaba.com is a great resource to find suppliers, however you should factor in import duties if you decide to work with an overseas supplier.

What You’ll Need:

• Supplier
• Packaging materials
• Delivery partner or Courier service

Leave a comment at the end of the post if you’d like to learn more about finding a supplier through Alibaba.

FREELANCING ANYTHING

People think that writing and social media management are the only skills that can be freelanced. That’s a lie. If you have any skill whatsoever. You can pitch it to businesses, or people that need them. Accounting, Search Engine Optimization, Translating,Transcribing and Editing are a few of the other multiple skills on demand. Fun Fact: I know of someone who earned $25 per hour on a gig translating Yoruba to English.

The cool thing about most of this is that you can do it from anywhere. But, don’t limit yourself. If you’re good at interior decorating, or cleaning, you can reach out to shop owners or churches around you that you think might need the help and pitch your skills for a recurrent basis. You can also user sites like Fiverr, Upwork and Thumbtack to find clients in need of your services.

What You’ll Need:

• Portfolio (Create on on Canva)
• Internet Access

Leave a comment at the end of the post if you’d like to learn more about copy writing and search engine optimization.

SELLING CALL CARDS

Everyone needs call cards in African countries. Set yourself apart by offering a service where you can directly transfer airtime without needing to be physically present. You can start out with your friends, neighbors, colleagues and grow your client list. Make sure you have other sources of receiving payments aside from cash for times when you’re not physically present.

What You’ll Need:

• Wholesale supplier
• Payment gateway (optional)

Disclaimer: Girlily does not tolerate fraud or unethical business practices. Please make sure you have a plan to provide people with their goods before you take money from them. Make sure you communicate the delivery time as well, no matter how long it takes.