Aside from tithes, offerings, and gifts, do you know there are some business ideas for pastors to make money?
If you’re into the pastoral line and you’re looking to start up side businesses to fortify your financial status, then you’re definitely on the right page. And you’re not alone.
The pastoral call is demanding. You need to study hard, prepare sermons to canvas, and truly get to become intimate with the spirit of God. But the truth is – you need money.
There are expenses you need to shoulder as a gospel minister, and you don’t want to depend on the pockets of the members of the Church for survival.
Primarily, you need multiple sources of income to garner enough money to both help your flock with and handle other church activities – especially as it has to do with giving and outreach.
Without taking much time, you’ll get a dose of 21 business ideas for pastors right here, and you can start any of these businesses and expect lucrative returns in the long run.
Some of the business ideas for pastors on this list won’t cost you a dime, and others… quite costly to start up.
That being said, here are 21 business ideas for pastors that you can delve into and make some extra money (even more than the $99k average pastor’s salary).
21 Business Ideas for Pastors to Make Money in 2021
1. Freelance Writing
Freelance writing is simply writing to get paid. This is made easier by the availability of freelance marketplaces on the internet like Fiverr and Upwork.
Now you won’t spend a dime here, and as a pastor, you can decide on how many hours of your precious day you spend working and hunting freelance writing jobs.
To get started, you need to be sure you can really write about something fabulously. My best bet is you’re a religious guru and the religious niche is most related to your career (being a pastor).
So you want to search for freelance writing jobs in the religious niche – vet the freelance marketplaces for employers looking for writers in the religious niche.
This is pretty easy as most of the freelance platforms have an algorithm to match your expertise with employers’ demands. So if you’re a tech guru and you fill it into your profile, the platforms automatically queue up jobs related to tech.
Quickly sign up on either of the best freelance platforms and get to work. You can take 2 or 3 hours off your day to build a profitable freelance writing career in no time.
Brands are willing to pay you a lot of money to write brief, highly compelling, and converting sales speeches and product descriptions for their products.
It’s like this – you write for brands and help them with copy-writing tasks, you get paid. Copywriting doesn’t take a whole day. It’s a skill you need to master (at least to some point).
Copy-writing isn’t cranking up a 1000-word article or a 10,000-word guide. Product copies are short and highly compelling. They’re tagged along with products and easy to read.
This is easily one of the best business ideas for pastors looking to make extra money. It gets easier to write copies that turn random (potential) buyers into loyal customers over time.
And once you gain mastery of this art, then you’ll be on the payroll of multiple brands in a short while. This means more jobs and more money.
3. Public Speaking
Public speaking at events, programs, and other gatherings is one of the best business ideas for pastors as it is closely in line with what you do frequently – speaking.
While you might not consider this a business idea or even take it to become a business in itself, but public speakers not trundling the pastoral path cash in on public speaking as a business big time.
If you own a car, you can do this part-time as a side gig. Being a pastor, you can explore your leisure hours during weekends to pick up random passengers using a ride-sharing app like Uber.
It’s easy and doesn’t cost much. But you’ll need to have a car of your own first to make things much easier. You get paid for every passenger you pick up and you can do this as many times in a day.
Another way around this is hiring someone to run around in your car using the ride-sharing app while you supervise the earnings and transactions.
Come to terms with the staff you hire as to how much you’ll take home daily or weekly or monthly. And how much he/she keeps daily (or weekly/monthly). This way, it becomes an excellent passive income stream.
5. Graphics Designing
You’re a graphics designer or do you have a list of good graphics designers who design your church handbills and billboards? Then you can leverage the profit potential of graphics designing.
It’s two ways – source for graphics design jobs on freelance platforms and outsource the jobs to experts in the field, or reach out to brands and organizations offering to help them out with everything graphics designing.
On freelance platforms like Fiverr and Upwork, graphics designers get paid like rockstars. And you don’t have to do it yourself as a pastor.
You can hunt for these jobs and outsource the task to someone else (apparently a reliable and efficient graphics designer). It costs nothing to explore this business idea. In fact, you can start right away. But if you’ll farm out the tasks to experts, then you need to pay them off (which will cost money).
6. Ghost Writing
More than 80% of successful brands and writers don’t compose their articles in solitaire. They get help from brilliant writers who can replicate any writing voice, flow, and spirit.
For a pastor, this shouldn’t be a problem (as you can speak in any manner of voice you choose to). You want to brush up on your writing skill to venture this path.
Ghostwriting is a profitable business idea for pastors, and the best part is it costs nothing to start up. You’re the asset here. And you get paid (more than $1k per an article in most cases) to cobble up great content.
7. Real Estate
I know one too many pastors making it big in the real estate industry. Don’t think they don’t do great with their ministerial purpose because they have just more than the name – they’re spiritually upright.
With your influence as a pastor, people trust you. And you can turn this trust into opportunities that’ll generate good money. The real estate industry works with capital and trust.
I mean, people need to trust you enough to leave you a million-dollar worth of property. You don’t have to look too far to start this. And I bet someone in your congregation is into the real estate industry big-time.
Start from there and tap into the already existing influence and trust you’ve built over the years to propel your real estate venture. In the end, it’s all about buying and selling properties – you can push buttons with phone calls.
If you are already into real estate or you just want to join the business, you can register on popular real estate listing platforms with a token as a subscription to sell or lease out your properties.
If you’re in Nigeria, Realty9ja.com is a good platform to buy, rent, lease or sell properties.
8. Gospel Blogging
I don’t want to veer off the gospel line. So let’s stick with gospel blogging (which is still very profitable). Start a gospel blog, answer questions, and you can transcribe your sermons to text documents with the help of freelancers or your media team (if they’re that good).
The first step – your niche is gospel. More than 2 billion people are already interested. Secondly, start your blog. This guide will teach you how to start a free blog even with an Android phone.
Reach out to other gospel bloggers who will be quick and happy to connect with you. Have your media team create guest content on several other gospel blogs to build your blog’s authority, and then you can start launching ultra-relevant content on your blog to get traffic.
When the traffic starts turning in, monetize your blog using affiliate links, Google ads, or sell your own books (and products) – more on this soon.
What you’ll blog about? There are thousands of questions currently unanswered about God. You know better. Provide answers in a way that people will keep coming back for more answers.
9. Gospel YouTube Channel Monetization
Allen Parr is one gospel minister who reaches thousands of viewers with his gospel YouTube channel called “The Beat”. He answers sensitive and controversial questions pertaining to the gospel and makes money doing that.
How so? With more than 740k subscribers, he earns from selling affiliate products, YouTube ads, and even has a $497 membership program.
You can do this too, and you don’t have to be a gifted video editor or video maker to begin. Hire someone who can edit videos brilliantly, and efficiently. Or utilize the digital strength of your Church media team to publish video content consistently on your YouTube channel.
This is inarguably a top business idea for pastors, choristers, and anyone called into the fivefold.
10. Virtual Assistant
Virtual assistants work remotely and they help with tasks admins don’t have the luxury of time to handle. They edit content, reply to emails, and organize meeting arrangements.
But that’s not all – they get paid real good to do just that. To become a virtual assistant, all you need to do is apply. Websites like Indeed, Fancy Hands, Magic, and PeoplePerHour are great at listing Virtual Assistant jobs.
You have only so many hours in a day to carry out your V.A. tasks and keep the cash before it’s time to mount the altar.
It’s great to write. But great writing mostly beckons on the strength of great proofreading. As a proofreader, you vet content and mitigate unnecessary errors that introduce unprofessionalism.
Proofreading jobs are rampant on freelance platforms and this is another business idea you don’t have to spend money, to begin with.
On the bright side, craft corporate letters to brands, send emails to different organizations, and inform them you can anchor their proofreading process with dexterity.
It doesn’t take 10 hours to proofread a document – you can proofread a 3000-word document in about 30 minutes, and do that for several documents to earn $100 – $350 every time (depending on the budget of your freelance employer).
You also have the option to outsource proofreading tasks to skilled proofreaders you know and take up multiple proofreading tasks to earn more.
12. Crypto Trading
Crypto has come to stay. And the decentralized system of financial transactions isn’t hostile to pastors either.
You can tap into the volatile nature of cryptocurrencies while maintaining and running your ministry. With about $100, you can start trading crypto yourself.
The best investment is to invest in yourself by learning to trade crypto versus investing in crypto trading firms to help you out. Invest time to learn everything you can about crypto.
If you can understand God’s word with accuracy, then crypto isn’t as challenging. There’s a possibility to exercise your grace and faith in the crypto world. Who knows? You could execute a trade to make 40,000 times the initial asset you invested within a single day.
To get started, acquire the knowledge. And get to know the best trading platforms out there. Personally (out of my professional experience as a Crypto Trader), Binance is best for trading.
But if you want to acquire cryptocurrencies and leave them there to germinate over the coming years, then go for the Blockchain app (or Binance if you can control the urge to not execute daily trading anytime you set eyes on the crypto market).
13. Catfish Farming
Catfish farming is profitable for anyone looking to start a business. As a pastor, this business idea fits in too. It’s capital intensive and highly lucrative.
You don’t have to become a fish farmer overnight. Hire someone to set up the fish farm and coordinate the activities of the farm.
When the fishes reach the maturity stage, you can sell them to make money or start up a catfish barbeque business off the produce of your fish farm.
14. Poultry Farming
Poultry farming is a great business idea for pastors and you don’t have to do it yourself. It’s cheap to start up and doesn’t cost much to maintain either (depending on the size of your farm).
As a Pastor, you’ll have a lot of time to supervise your poultry farm from time to time while you focus on what God wants you to do.
You can hire a staff to maintain and treat the Poultry just right while you focus on other things. Poultry farming also joins the list of businesses you can comfortably start from home without having to bother about accommodation (or a landed space for the business).
15. Laundry/Dry Cleaning
Not very many folks have the avalanche of time and strength to maintain their clothes. This is a good thing as it ushers in the need for Drycleaning and laundry services.
Your pastoral line is compatible with this business as the majority of members patronize the services of a laundryman. You probably don’t have to do too many promos before a swarm of customers darkens the door of your laundry/dry cleaning business center.
Obviously, you won’t get to do the task of washing and ironing yourself; it’s onerous. Hire staff or more to get things done – your responsibilities are largely supervisory, financial, and promotional.
16. Event Equipment Rental Business
Owning a rental service business is one of the top business ideas for pastors looking to make money while making a positive impact in their divinely fabricated gospel ministerial path.
So how it works is you acquire equipment like chairs, musical instruments, and more than spice up and make for a great event. Next up, you list them up for lease and get paid whenever clients come around to hire them.
Customers hire and return the equipment within a specific timeframe so they’re up for lease again. The equipment is always yours, but you earn from them. This way they become assets generating a steady flow of income.
Whether it’s a birthday party, an academic ceremony, a wedding, a night beach party, or a matriculation ceremony – someone got paid for every hired piece of equipment in the scene.
You can start this business yourself as a pastor, and let the Church know about it.
The Church will mostly constitute a huge proportion of your first loyal clients regardless of the business your startup. You have leverage here. You’re trusted and it’ll be easy to scale any business you start up pretty fast. That’s Grace.
17. E-commerce Business
E-commerce websites make a lot of money. In 2020 alone, Amazon generated a net income of 21.33 billion dollars.
Your e-commerce website might not scratch 10% of that figure in the first few years, but having an e-commerce website is definitely a step towards building a passive income empire even as a pastor.
Don’t look too far, your e-commerce website could be all about selling Church items like microphones, pulpits, and cords.
If you have a knack for multiple items, then you can integrate other niche products into your e-commerce inventory.
Starting an e-commerce website/business might cost a few hundred bucks as you’ll need to run frequent adverts or depend on a long-term content marketing strategy to build traffic, attract your target audience, and boost sales.
18. T-shirt Designing
Do you know you can design t-shirts for free and get paid when people buy your t-shirt designs? On platforms (and web apps) like Teespring, Amazon Merch, and RedBubble, you can create your own fashion store stuffed with your designs.
The designs are printed on-demand which means whenever a buyer places an order for them, the company prints and sends the t-shirts.
It doesn’t cost a dime to start doing this and you can get started right now. The more designs you have, the more chances you have at making more sales and more money.
It takes about 5 minutes or 20 at most to design a virtual t-shirt (but it depends on the kind of design you have in mind; how well you want to design your products).
Dropshipping is not a new trend and it’s one of the top business ideas for pastors to make money in real-time. How it works is you create an online store, connect it to a supplier’s website, and upload product pictures (with the prices) on your store.
Whenever someone clicks to buy, the order redirects to the supplier’s website, the supplier ships the item and you get to keep the markup profit. And yes, you don’t need to know everything about dropshipping to kickstart your side business.
You can hire someone to build your dropshipping store, design and promote it, handle everything that has to do with the online business while you focus on other things.
If you’re still in doubt as to how well the dropshipping business is profitable for pastors (and anyone else), then the $10 million/year dropshipping story of Alexander and Andreas will set your motivation on steroids.
20. Book Publishing
It’s normal for pastors to publish books and cash in on imparting the world with their knowledge, experience, and revelation. But it’s a business idea not very many pastors consider.
And you can tap into it to create an inflow of income your generation will play benefactors to. Some of the wealthiest preachers and even motivational speakers earn a fortune from the sales of books they author.
That being said, nobody writes a book in 24 hours sitting on a comfy couch. Start by co-authoring a book or become a guest preacher/speaker for a gospel TV station/show.
Move it up to writing and publishing leaflets, pamphlets, and gospel articles. Study hard, and build enough intellectual/spiritual momentum to write your first book.
21. Stock Trading
Stock trading is one of the online businesses you can get into with very little capital as a pastor. It’s risky, volatile, and works with a set of time frames.
As the crypto market, the stock market is really volatile. You work with a number of indicators, charts, and signals to determine the direction of the market.
The best investment, just like in crypto, is to learn the trade. Acquire the skill to trade stocks, and then you can capitalize on your experience and knowledge to maximize profits.
Conclusion: Business Ideas for Pastors
While these business ideas for pastors listed here, won’t make you as rich as Joel Osteen or T. D. Jakes overnight, they relieve you of the stress of devising uncanny schemes to sieve funds from your Church.
The best part is some of the business ideas on this list that cost nothing to start up can transition into passive income ventures generating thousands of dollars monthly for you as a pastor.
In the end, it’s all about fulfilling the call of God while making enough money (passively) to push the gospel further and live a fulfilled lifestyle.
About Guest Blogger
Moses Ukanna is a certified information scientist, content creator, writer, entrepreneur, and CEO at Potent Stack Digitals. He takes delight in creating meaningful/helpful Content and believes in Quality over Quantity.
GIG Logistics Branches and Location (Addresses) in Nigeria
GIG Logistics by GIG Mobility is one of the leading logistics companies in Nigeria due to the company’s mode of operation. Delivery is fast and the fee is not as expensive as other competitors.
If you’re trying to ship your stuff across the country, or to other countries like in Africa, the USA, the UK, etc., GIG Logistics can be your sure plug.
But as a new customer, you may not know how to contact them. The good news is that you can do more with the company via their website (giglogistics.com).
But in case you need to visit one of their branches very close to you, and you don’t know where to go, I will be covering that in this blog post.
Important Notice: In case you don’t find your city on the list, don’t panic. GIG Logistics can still deliver to you but you may need to contact them via email or telephone call if you’re the one sending.
If you’re not sending but receiving, you don’t need to stress yourself, just be available when it’s time for delivery.
You can easily click on your state in the table of content below rather than scrolling and scrolling till you miss what you’re looking for.
Here are the locations;
GIG Logistics branches and location in Nigeria
GIG Logistics Head Office in Nigeria
GIG Logistics Digital Hub. No 1 Sunday Ogunyade Street, Gbagada Expressway, Beside Eterna Fuel Station, Gbagada Lagos, Nigeria.
SICCONS PLAZA, Opposite Unity House, Beside Lifemate Furniture, Garki Area 11
House 38, 3rd Avenue Gwarimpa, Opposite Union Bank Abuja.
No 10 Ajibade plaza beside okay Japan Electronics.Park Road Gwagwalada .
Block, 43, Gado Nasko way, opp 2/2 Court Kubwa.
Opposite Ignobis hotel plot 17 Gidin dutse layout, kubwa.
Abraham Plaza, Suite A13 Plot, 6 A.E. Ekukinam St, Utako Abuja
80 Aminu Kano crescents opposite Sherif plaza beside Wema Bank Banex wuse 2
Maraba Experience Center
No 132 GIZA PLAZA OPP CHRISGOLD PLAZA BESIDE MTN OFFICE MARARABA
Madalla by Mobil, along Abuja – Kaduna Express Road.
Plot 113 I.V.W. Osisiogu Street, beside Utako Police Station Utako Abuja.
206, Zuba Market, Opp. Lagos Line, Zuba
Cs1 Ground Floor Corner Stone Plaza By Dobbil Avenue Along Phone Village Road, Electronics Section Alaba International Market.
KM 25, Lekki-Epe Express way, Ajiwe-Ajah.
KM 22, Lekki-Epe Express way, Opp. Jeffrey’s Plaza, by Abraham Adesanya Roundabout, Ajah.
41 Shasha Road, Akowonjo Junction, Dopemu, Lagos.
Km 36, Lekki-Epe Express Way, by Ogunfayo Bus Stop, Eputu, Awoyaya Lagos.
103, Okota Road, Cele.
1st Avenue Road, Festac first gate, besides INEC office, Festac town, Lagos.
7, Hospital Rd, Ifako, Gbagada, Lagos.
Gbagada Express Center
GIG Logistics Digital Hub. No 1 Sunday Ogunyade Street, Gbagada Expressway,Beside Eterna Fuel Station, Gbagada Lagos
9, Medical Road, former Simbiat Abiola Way, Opp, Zenith Bank.
103 Awolowo road, Ikoyi Lagos.
16 Ikosi Road, Ketu Lagos.
Sabo Road Garage, Ikorodu.
29, Idimu Road, Opp. Local Govt, Council, Ikotun, Lagos.
13C Ilupeju Byepass, Ilupeju, Lagos.
International trade fair
Shop D77 & D78, Abia Plaza, BBA, Lagos Int’ Trade Fair Complex, Lagos.
164, Lagos Abeokuta Express Way, beside Diamond Bank, Lagos.
20 Ikorodu Express Road, Jibowu, Lagos.
No 1A, Wole Ariyo Street, Beside First Bank, Lekki Phase 1.
Lekki Admiralty 2
Jubilee Mall Admiralty Way, Lekki Phase One, Lekki.
Lekki (Fola Osibo)
Ground floor Legends Place Mall Plot 29 Fola Osibo Lekki Phase 1, Lagos.
Km 17 Scapular plaza Igbo efon.
Old Ojo Road
Old Ojo Road, by Police Station Lagos.
3 Ijaiye Road, Beside FCMB Ogba.
62 Opebi Road, Ikeja Lagos.
No 25 Otto Causeway Opp Iddo bus top, Iddo Ebute Metta Lagos.
3, Abeokuta – Lagos Expressway, Sango Ota, Opp. Sango Bridge.
26, Adeniran Ogunsanya, Surulere, Lagos.
169, Badagry Expressway, Volkswagen Bus Stop.
1436 Sanusi Fafunwa Street, Victoria Island, Lagos.
Tejuosho Ultra Modern Market, Ojuelegba Road, Yaba, Lagos.
Animashaun Plaza, Beside Petrocam fuel station, Near Epe T-junction, Epe.
43, Osolo Way, Ajao Estate, Ekwu Awolo House.
No 5 Asa Road Former/Old Nitel Building Aba
8 Mission Hill, Opposite Villaroy Hotel, Umuahia Main Town
No 60 Aba Road, Close to MTN Office at Aba Road, Umuahia.
Plot 2 Bekaji Plaza, Bekaji Karewa Road, By Fire Service Roundabout, Jimeta Yola.
Ado Ekiti Center
Soladola petrol station, beside Apc secretariat, opposite moferere junction, along ikere road, Ajilosun
Ogo Oluwa Bus Stop, Gbangan / Ibadan Road, NIPCO Petrol Station, Osogbo.
Plot C31, Relief Road, by Relief Junction, Off Egbu Road, Owerri.
Landmark: After Mr Biggs beside Nepa Office, Farm Center Area, Tunga, Minna – Niger State.
No 4 Old Otukpo Rd, Opposite Dester’s by Savannah Roundabout.
No 1 IBB Way, Adankolo, Lokoja, close to Federal Medical Cente
Shops 1 & 2 Police Officers Mess, Opposite Polaris Bank, Jos Road, Lafia.
Ahmadu Bello Way opp alhaji boye coca cola Depot Birnin Kebbi, kebbi state.
Shema Plaza Ground Floor, Mani Road, by W.T.C Round-About, Katsina State.
No 1 bompai road by Tarawa Balewa way, Opp Grand Central Hotel Kano.
Centro Plaza, Opposite Buk Old Site, Kabuga, Kano.
No 32 Zoo Road, Opposite Shoprite, Kano.
8 Ahmadu Bello Way, Off Kastina Roundabout, City Plaza, Kaduna State
Lagos Garage by Airforce Mami Mando, Kaduna State.
Nnamdi Azikiwe Expressway by Command Junction, close to Samrada Fuel Station (beside 911 bakery).
Dairu Garba Plaza, 18 Sokoto Road, MTD Junction By Nnpc Filling Station, Sabon Gari, Zaria.
Plaza 1080, Yakubu Gowon way, Dadin kowa second gate.
Angwan Soya Zaria Road bypass, Opposite Jankwano Bingham University Teaching Hospital.
Government House Round-About, Asamau House Block B, Number 8, by Airtel Office, Dutse, Jigawa State.
32 Hammaruwa way. Besides former Kashere Filling Station Jalingo.
Town Planning Complex, by Sumal Foods, Ring Road, Ibadan
Suite 5, Kamal memorial plaze, former iyalode complex, opposite funcktionals clothing, bodija – UI road, UI Ibadan.
No 76 Opposite Arisekola Mosque Iwo Road Ibadan.
NNPC Mega Station, Opposite Zenith Bank, Star Light, Ogbomosho, Oyo State.
190, Ibrahim Taiwo Road(Upper Taiwo), Opposite Primo Pizza / Chicken Republic, close to new Wema Bank, Ilorin.
No 1 Umar Audi road, Fate Road, Tanke GRA, besides Hotels Mirabilis. Ilorin.
7, Market Road, Holy Ghost Park, Opp. State Library, Ogui, Enugu.
67, Zik Avenue Uwani Enugu.
No 64 Owerrani, Enugu Road, Nsukka.
202, Uselu Lagos Road, Ugbowo Benin City.
112, Akpakpava Road, Benin City.
Shop 1, Omegatron Plaza, 47 Airport Road, Benin City.
42, Benin/Agbor Road, Oregbeni, Ramat Park Benin City, Edo State.
Okene Express Way, Opp Auchi Polytechnic, Auchi.
Ukpenu Road Opp. Grail Message Centre, Akahia, Ekpoma.
Asaba Onitsha Expressway, By Head Bridge.
445, Nnebisi Road, opposite Zenith Bank, Asaba.
SUIT 53/54 INDEPENDENCE MALL OKPANAM RD, ASABA.
138, Effurun-Sapele Rd, by Airport Junction Warri.
116, Effurun-Sapele Warri Road, Effurun Opp. Our Ladies High School.
29 Ndidem Usang Iso Road ( Aka Marian Road) Calabar.
Shop 7, Yandoka Road, Adjacent MTN office. Opposite First Baptist Church, Bauchi State
Kpansia Epia, Opposite Wema Bank by INEC Junction, Yenogoa
Pam House, Tamic Road and School Road, Okutukutu By Isaac Boro Expressway, Yenogoa
Elite Shopping Complex Opp Crunchies fries, Enugu/Onitsha Expressway, Awka
2 Awka Road, By DMGS Junction, Beside All Saints Anglican Cathedral, Onitsha
No 73 – Owerri Road, Martina Chukwuma Plaza (Innoson Plaza), Opposite The Salvation Army Church, Umudim Nnewi
Akwa Ibom State
3, Monsignor Akpan Avenue, Itam industrial layout, opp Timber Market, Itam.
No 108 Oron Road, beside the First bank, Uyo.
No 22 Oyemekun Road by Cathedral Junction Akure
LACFOG PLAZA Adjacent Choba Police Station East-west Road Choba PHC.
No 118 Off Woji GRA, Same Building with Miskay Boutique By Bodo Junction, Port Harcourt.
No 9 Stadium Road, Beside Benjack, Port Harcourt
Cocaine Village Junction, Off Aba Rd, opposite Genesis, Rumuogba, Port Harcourt.
PHC Peter Odili
No 89 Peter Odili Road Port Harcourt.
PHC Ada George
No 18 Ada George By Okilton Junction, Port Harcourt.
3/4 Maiduguri Road Gawon Nama Area
C 1, A A Master Plaza Canteen Road Gusau.
This is the complete list of GIG Logistics and their location in Nigeria. If you have any questions regarding GIG, kindly contact them directly. You can see how to contact them via their website at https://giglogistics.com
If you want to ship an item from the USA stores like Amazon, eBay, etc., to Nigeria, you can read my guide on how to ship with Heroshe Logistics.
7 Super Professional Tips to Build a Successful Business in 2022
It is a new year and you’ve been thinking of how you can build a successful business but don’t know how or where to start. Let’s talk about that and see if you’ll learn something, or be inspired.
Some businesses fail because they’re following old blueprints which no longer work effectively to build their startup.
We’ve learned a lot between 2020 and 2021, and we’ve seen how businesses are affected by the ongoing Corona Virus pandemic. But ideas to start or build a business are waxing stronger in us, how are we going to bring these ideas to reality?
But is 2022 the right time to start a business?
Yes, it’s never too late to start a business in 2022 and you are still going to see rapid growth if you put in all the efforts.
Regardless of the Coronavirus and its variants, you’ll agree with me that starting and building a business these days is easier compared to a few years ago as a result of technology and more investors who’re ready to provide capital for a futuristic business plan.
According to a report, investors spent more than $140 billion to support startups in 2017 and the figures have increased ever since then till date. This shows how people like you are creating something or a platform that solves a ‘problem’ and how people are ready to support it.
If you’re also planning to launch your startup, you’re welcome, it’s never too late to be phenomenal.
Aside from investors who’re ready to invest, you don’t necessarily need to build your business by renting a big hall or apartment for office use, thanks to COVID-19, you can gather your team and work remotely, while you’re saving a lot of money that will go into office setup.
If you have a good business plan or startup idea and you’re worried about what to do next, the following tips will help you get started;
7 Tips to Build a Business in 2022
#1. Do Your Research and Understand Your Mission
You see, a lot of people see other people building stuff and they got jealous to build something too – this is a wrong motivation to start a business.
You have to think clearly about what you want to do, you ask yourself: “In what way(s) can this idea or business help people?” – emphasize “help people”.
If you want to start a fashion design company, do your research thoroughly and understand that you’re about to build a type of business some people have built already. So, how are you planning to get better and beat your competitors?
For instance, can you think of a unique fashion trend and dominate it for the long term? If yes, what fashion trend and how can you hit the market with your idea?
You have to plan all these, you just don’t voluntarily jump into the ocean without knowing if it’s safe or not. If it’s not safe, then how are you going to survive?
#2. Get a Team Members with Common Goals
The spirit of being the CEO and (sole) founder is part of what’s killing some businesses and startups to date. I’m not saying you can’t build a business alone, you can! But you can’t survive alone. If you survive alone, you won’t go far alone.
You have to understand this concept. If you read about big business builders in the world, you’ll notice one thing that’s very common to them – they don’t build alone!
Bill Gates, Mark Zuckerberg, Elon Musk, etc., will tell you that they called their friends when they were about to start their company. Why? It’s simply because they need teammates who can work with them to achieve their primary and respective goal(s).
The reason is simply that if one is falling, another person will lift him. And this boils down to you looking and calling the right people to join you or else if you fall, that’s the end of the business.
So look for the right people in your circle, during meetups, on social media, share the business idea with them and be patient to see those who’ll be ready to join you.
Getting team members here is different from hiring people. You have to look for someone or some people who’re ready to take ownership of the business and work diligently.
They can in turn be your co-founder, CTO, etc… Just make sure you’re careful and patient enough to see someone with the same common goal.
#3. Start Building with the Little You Have:
You know the type of business you want to build and you have someone or some people who are ready to work with you. The next thing is to start building that business with the little resources you have.
The mistake most people make is that they’re waiting for the “perfect time” and that time translate to when they have sufficient money to invest in the business. The truth is that that perfect time won’t come unless you start now.
And I will like to say this if you’re starting a new business but you don’t have money to invest personally, you’re still not going anywhere. It’s either you get a job, make money and come back to that idea or, you sell the business idea to someone else.
The bottom line is that you have to start from you, even if you will need investors to inject capital into your business, you have to show them something – your ideas + efforts.
#4. Create Good Information and Communication Flow
As part of what you’re starting with, is how you can bridge the communication gap between your business and your target audience (investors included). That’s why you need to invest in creating that information and communication flow.
This is not a big deal at all, you just need to create an online presence for your business by getting a website, getting on social media, and investing in Email marketing or CRM tools.
If you can’t build the website yourself, you can hire freelancers to get the job done for you, there are free email marketing tools like MailChimp that you can get started with. You can hire an expert to manage your business’s social media handles for you too. The person will be in charge of content creation, posting, and attending to comments.
Having a website is very important, if it’s just a landing page, do it and let people know about your business from there and use your social media handles to keep telling people about your mission, not that loudly tho.
#5. Start Expanding the Business
You’ve tried a lot, but it’s not the time to relax. It’s time to start thinking of expansion. I mean expansion at all lengths.
If you launch your business to focus on people in Canada and they accept it with open hands, it’s time to expand to New York, and then to Paris, to Africa, etc.
In your team as well, you need to have some people who will be in charge of marketing, human resources, engineering, international relation, legal, and many departments within your company.
With great power comes greater responsibility, the more you’re growing, the more you should expand.
But what if your company can’t afford to hire people you need to run the business as you’re thinking of expanding, is that the end? No, it’s not!
#6. It’s time to Seek Business Funding
This is not a must if your business can afford to finance itself, but I bet it can. As a startup that’s at the entry or expansion stage, you need money to take care of a lot of things and some people are ready to provide that money!
There are people called Angel investors and some are called Venture capitalists, these people are in the business of investing in other businesses to make a profit. No money is too big to invest for VCs as long as your company’s evaluation is also big.
If you think your business need funding, kindly check this blog post on how to get one for your business.
#7. Don’t Stop Expanding; Invest More in Your Business
You’re not there yet. Start investing more in advertising, your team members, think of innovation and, acquire other related small businesses.
Just don’t stop growing!
I hope these tips will help you start that business in 2022 and I believe you can conquer the world, don’t worry, start today!
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MTN’s IPO: How to Buy MTN Shares with less than N50,000
Here is your time to shine, you can now buy MTN shares and join the leagues of MTN shareholders in Nigeria.
Nigeria’s telecommunication giant, MTN Nigeria recently announced the selling of 575 million of its shares to the public on Tuesday, November 30th, 2021. Just in case you don’t know what “shares” is, let’s me quickly tell how it works;
What are Shares?
Share simply means a percentage of ownership in a company. Those who hold these shares are called “shareholders” and you can also call them “investors”.
What that simply means is that, let’s say you buy MTN shares, you have a percentage of every percentage of the company. If the stock rises, your share rises and vise versa.
How Shares Work?
The more shares of a company you’re holding, the more decision-making power you have in that company and the more your profit if the company is performing well.
Let’s say you buy 250 units of MTN shares at the rate of N169 each, which is N42,250.
And luckily, MTN stocks jump to x10, that’s also N42,250 x 10 for you. You’ve made N422,500!
That’s just the simple idea, if you know how FOREX, stocks, or cryptocurrency work, you have the idea of how Shares work also.
But you don’t need to panic because MTN Nigeria is leading and doing well in Nigeria, investing your money to buy from their shares will be a good return on investment (ROI) for you.
…and this is a golden opportunity if you’ve been looking for where to invest your money.
Right in this blog post, I’m going to share with you how can buy these MTN shares easily and answer a few things you may want to know. But let’s start with the eligibility and requirements;
Eligibility and Requirements to Buy MTN Shares
1. You must be 18 years old and above – No minors *(-_-)*
2. You need a Bank Verification Number, BVN
3. You need a CSCS (Central Securities and Clearing System) account
4. You must behold the shares for at least 12 months, if you can’t let your money work for you in 12 months, don’t even try buying.
5. You must be able to buy a minimum of 20 unit shares, while the maximum is 250 units.
Buying MTN Shares: Other things you need to know
- The general public can buy the MTN shares from December 1 to December 14, 2021 (just 2 weeks)
The MTN share offer will be priced at N169 per one unit
- The minimum amount you’ll invest (for 20 units) is N3,380 and the maximum (250 units) is N42,250
Your stockbroker or a certified Momo Agent can help you
- Visit https://mtnoline.com/PO in case you need help
Now, let’s talk about how you can buy MTN shares before the deadline!
How to Buy MTN Shares in Nigeria
There are two ways to buy the shares, you can buy through;
2. MTN MoMo agents
Buy MTN Shares with PrimaryOffer
PrimaryOffer is a service (or product) by NGX exchange where you can buy new public offers like this MTN share. Here is how to buy your MTN shares on PrimaryOffer:
– Visit www.primaryofferng.com and click on “Get Started”
– Click on “I am an individual investor” if you’re buying for yourself
– You’ll land on a page with MTN branded banner at the top, but click on “Create an Account” to get a PO account
– Put your BVN number and correct date of birth
– Click on “Continue”
– On the next page, your primary data would have been generated from your BVN, fill out the remaining data such as “email address”, “your mother’s maiden name” etc.
– Click on “continue”
– Verify your OTP: check your email address to get the code
– If you do that correctly, your account will be verified and the next thing is to login
– Login with your email address and password
Finally, buy the MTN shares!
After you log in to your PrimaryOffer account, you will see the only shares available (MTN shares), click on the MTN logo, it will load to open a new page.
– Scroll down and put in the unit of shares you want to buy. Note that the minimum is 20 and the maximum is 250
– Check the agreement and conditions, and
– Click on “continue”
– CSCS account will be created for you, but you need to complete it manually on the next page by filling in one of your bank details
– Click on “update Bank”
– Continue to complete all necessary stuff such as uploading a proof of address, your national ID card, and your signature.
– You can as well complete your social profile
– If you’re done with that part, go back to offerings to buy the MTN shares.
Important Notice: You can also use the PrimaryOffer mobile app to do all these things.
ALSO CHECK: How to Invest in Treasury Bills in Nigeria
That’s the first method of buying MTN shares in Nigeria.
Buying MTN Shares with Receiving Agents
Just in case the steps above are too technical for you to do, you can use a receiving agent and the person will do all the hard work for you.
Receiving Agents you can use:
1. MTN MoMo Agents
MoMo agents have received training on how to help people buy MTN shares. So you can visit any MoMo agent close to you and they’ll help you out.
2. A Stockbroker
Stockbrokers are professional, if you see one, ask them for help but be careful and make sure you use a trusted broker.
So, that’s how to buy MTN shares in Nigeria.
Summary: How to Buy MTN Shares in Nigeria
– You can buy MTN shares for as low as N3,380 and the highest you can buy is N42,250
– The best way to buy MTN Shares is through the PrimaryOffer’s website or mobile app
– The public sale of MTN Shares will end on December 14, 2021 (Maybe this will be extended, I don’t know)
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