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Dropshipping business in Nigeria, as you might have learned, is currently one of the biggest business ideas to make hefty and income online, provided you choose the right e-commerce platforms available for dropshipping. In fact, after cryptocurrency (which is even risky), there’s no other legit business you can invest in, and earn substantial money.

Many smart entrepreneurs like you have made and currently, making thousands of dollars with dropshipping business after their initial and once-in-year investment. I know you’re also ready for this but before getting started, you need to be enlightened on choosing the right e-commerce platform that’ll be good for you.

There are lots of e-commerce platforms to build your dropshipping business in Nigeria but I’ve tailored it down to the top 5 of them.

Permit me to ask you this; do you know what dropshipping is all about?

I believe some of you know it and with confidence, you can say something about it. But in case of those guys who are hearing it for the first time or would like to know more, let recapitulate what dropshipping is all about.

What is Dropshipping?

Dropshipping is part of e-commerce business in Nigeria that deal with selling of products you really don’t have in stock. This involves partnering with a large e-commerce marketplace website with option for dropshipping and help them sell in return for commission.

But wait; don’t mix dropshipping up with “affiliate marketing”.

You all know Alibaba.com – The biggest e-commerce platform in China, you can use a plugin popularly known as “Alidrop” on WordPress to dropship their products to your own website and make money online in Nigeria.

The word “clone” would have been better to describe this. But because dropshipping is 100% legit, I won’t use such phrase.

How Dropshipping Business Work in Nigeria

In simple explanation, it’s just when you are sitting in your room but you put a banner outside your house that you sells “ice cream”.

Meanwhile, you don’t sell anything not to talk of ice cream but you have a friend nearby who sells ice cream.

So whenever customers comes for ice cream, you’ll immediately call your friend and he will come to deliver the ice cream instantly. To appreciate what you’ve done, your friend will give you a token.

Let say he gives you $5 on every $50 ice cream he sell through you, it means you’ll be making $100 on every $500 he sold.

If this continues, you’re going to keep making money selling ice cream without actually selling it yourself.

This is the best explanation to give on dropshipping business in Nigeria.

The “banner” you need to put outside your house to attract customers is when you choose the right e-commerce platforms for dropshipping. While the process through which people see the banner and your friend come to deliver the ice cream is called “dropshipping”.

Now you may be asking……

What are the benefits of starting a dropshipping business in Nigeria?

The benefits are as follows:

  • You earn passive income without leaving your house
  • Unlike other e-commerce business, you don’t have to own any goods in stock or in warehouse
  • You don’t have to fear that a cargo is coming on sea
  • You don’t have to deliver any goods purchase from your dropshipping store
  • You don’t have to be afraid or trouble when customer doesn’t like the delivered goods
  • Everything is automated, so no manual settings
  • You can also do another job and still, make money on dropshipping business
  • And so many benefits…

But you’re going to enjoy these benefits if you set up your store using one of these trusted platforms for dropshipping business available for Nigerians:

Top 5 E-Commerce Platforms for Dropshipping Business in Nigeria

1. Shopify

Shopify tops our list of top E-commerce platforms for dropshipping business in Nigeria. Currently, there more than 800,000 stores which is powered by Shopify. This figure keeps increasing as the years go by, this has been the case for the past thirteen years.

I’m sure you will want to know why Shopify is used mostly for dropshipping and I’ll tell you.

Many reasons has led to store owners adopting Shopify as their preferred platforms. With Shopify you get access to lots of themes that should make your store amazing leading to more customers. There are more than 70 professional themes created by expert designers.

Besides this, you also get the chance to customize your store, tune it to your taste using the provided templates. These templates have been created to keep your store mobile friendly which is required in order to grow in dropshipping.

In terms of security, all stores powered by Shopify comes equipped with a 256 bit SSL certificate which secures customer’s personal details. Major forms of payments are supported and secured with security similar to those used by banks.

If you’d like to go with Shopify, here are some pros and cons you need to consider;

(PROs) Benefits of using Shopify for Dropshipping Business in Nigeria

  • Getting started with Shopify is pretty easy and straightforward with various templates to choose from.
  • Customer support is great—a live chat, phone and email support channels is available to customers 24/7.
  • You can set up a store with multiple languages.
  • There are tons of themes to choose from.
  • Security is provided by default to all stores—you don’t pay extra for this.

(CONs) Demerit of using Shopify for Dropshipping Business

  • SEO isn’t top notch and it’s sadden.
  • Expensive for beginners

2. WooCommerce

This is plugin from WordPress which powers most of the world’s e-commerce platforms. WooCommerce is been used in 30% of active online stores. This platform can be likened to Linux open source system—its open source thereby supporting lots of customization.

WooCommerce give you lots options to tweak things up, even more than shopify.

WooCommerce comes with lots themes—as it should. There are unlimited themes to choose from which comes by default, there also theme providers which create themes that are readily compatible WooCommerce.

Still on customizations, there are many templates — hundreds of them which makes customizing seamless and straightforward.

Unlike Shopify, hosting doesn’t comes by default, there lots of hosting providers to choose from, Bluehost is recommended and there are many more to choose from such as Namecheap, Siteground etc.

SEO is great, using WooCommerce ensures better SEO performance among all other e-commerce platforms for dropshipping business in Nigeria.

Some advantages and disadvantages this platform if you choose to go with this platform are as follows:

(PROs) Benefits of using Woocommerce for Dropshipping business in Nigeria

  • Great SEO performance
  • Lots of themes and templates to spice up your e-commerce website.
  • Seamless social media integration into your online store.
  • Multiple form of payments to choose from
  • Plugins are available for almost everything you want to do

CONs of using Woocommerce for dropshipping

  • Below par customer support
  • Poor multi-lingual support

3. Magento

Magento is another top E-commerce platform for dropshipping business in Nigeria, they make owning an online store quite easy. There are lots of cool features available when using Magento for dropshipping.

Opening an e-commerce store using Magento doesn’t require much of technical knowledge, you are provided with lots of easy to customize templates. Using these templates, you don’t need to build from scratch, just drag and drop, and you’re good to go.

Aside templates, there is a page building tool that lets you edit individual pages.

Stores created on the Magento platform are well optimized for every device—they are mobile friendly. With this, SEO performance is better.

Security wise, Magento is compliant with level 1 PCI, this provides adequate security for its users.

(PROs) Benefits of using Magento for Dropshipping Business in Nigeria

  • Ease of use
  • Highly customizable
  • Awesome security system
  • Good customer support

CONs of using Magento for Dropshipping

  • Relatively expensive

4. BigCommerce

BigCommerce is another top brand that makes it to our list, they strife to give customers a worthwhile dropshipping experience with their wide array of products and services.

In 2009, BigCommerce was launched and since then they’ve powered lots of e-commerce websites, making over $200 million in profit.

Aside making profit, they do provide great services to all customers. Like with most platforms, they provide lots of themes to aid customization easier. With BigCommerce, your dropshipping store is well optimized for mobile viewing which helps in SEO rankings.

Still on SEO, your links are customizable; this can lead to a much better SEO performance. You could also integrate social media platforms like Facebook and Instagram to leading, this should let you capture more customers.

BigCommerce is PCI level 1 certified with this your customers are safe whenever they’re on your BigCommerce powered site. There also multiple data centers to back up your data in an event of failure.

(PROs) Benefits of using BigCommerce for Dropshipping Business in Nigeria

  • Mobile friendly
  • Highly customizable store themes
  • Multiple language support
  • Fast servers with Google cloud support. Additionally, servers are always available for 99.99% of the time.

CONs of using BigCommerce for Dropshipping

  • Insufficient amount of themes—this make your store comes alive but unfortunately there isn’t much of this by BigCommerce.

5. Wix

Last on our list is Wix, which is a pretty good platform for dropshipping business in Nigeria. Wix lets you create professional looking website that can rival any top site.

Building your online store on the Wix platform is pretty much easy, there lots of templates to help you as a first time user and also subsequently. Similar platforms lets you drag and drop different properties on your website, this feature is also available on Wix.

You could also add multiple payment gateways to your store, there are lots of payment gateways including Authorize.Net and PayPal.

The payment platforms supported by Wix have track record of securing payments. Also there no charge in terms of commissions—they’re free to use.

Pricing wise, setting up a store starts at $23 dollar monthly which is relatively less expensive. All there isn’t additional charges for extra features—you only pay once.

Furthermore, tax and exchange rate are automatically calculated by Wix, you don’t need to rack your brain in order to come up with the final price.

(PROs) Benefits of using Wix for Dropshipping

  • Lots of templates to aid you in creating a professional store
  • Support numerous payment plans
  • Good SEO performance
  • Relatively cheap
  • Easy to use

CONs of using Wix for Dropshipping

  • Average customer support
  • Most features are available to only those in the US.

Rounding off – Best Platforms for Dropshipping Business In Nigeria

If you’re really serious about dropshipping in Nigeria as I’m sure you are, I will advise you to be patient while choosing any of these e-commerce platforms and don’t forget to consider your budget.

Honestly, there are two best platforms for dropshipping which are having Head-2-Head presently in eCommerce industry. They are WordPress’ Woocommerce and Shopify.

We’ll be writing on the comparison very soon – I mean the differences between WooCommerce and Shopify including their CONS, PROS and other things you need to know about the two content management systems (CMS).

So here guys are the top 5 platforms for dropshipping business in Nigeria, they all offer great products, services and nifty features. But as with all things, they’ve got their pros and cons.

What do think? Which do intend using? Let us know in the comments!

Stephen is a frontend developer, WordPress expert, SEO manager, and Blogger. He manages this blog on a part-time basis as he's keen on writing code and helping business owners to get more from their business online. You can hire him to help you design a website, promote your songs, run effective social media ads, manage your website or teach you what he knows. Contact him here: on WhatsApp or check him on on Linkedin

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Business

GIG Logistics Branches and Location (Addresses) in Nigeria

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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.

RELATED: How to Start A Successful Logistics Business

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.

GIG Logistics Delivery Vans

GIG Logistics Delivery Vans

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.

  • Abuja (FCT)

Garki

SICCONS PLAZA, Opposite Unity House, Beside Lifemate Furniture, Garki Area 11

Gwarimpa

House 38, 3rd Avenue Gwarimpa, Opposite Union Bank Abuja.

Gwagwalada

No 10 Ajibade plaza beside okay Japan Electronics.Park Road Gwagwalada .

Kubwa 1

Block, 43, Gado Nasko way, opp 2/2 Court Kubwa.

Kubwa 2

Opposite Ignobis hotel plot 17 Gidin dutse layout, kubwa.

Utako 2

Abraham Plaza, Suite A13 Plot, 6 A.E. Ekukinam St, Utako Abuja

Wuse 2

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

Madalla by Mobil, along Abuja – Kaduna Express Road.

Utako 1

Plot 113 I.V.W. Osisiogu Street, beside Utako Police Station Utako Abuja.

Zuba

206, Zuba Market, Opp. Lagos Line, Zuba

  • Lagos State

Alaba International

Cs1 Ground Floor Corner Stone Plaza By Dobbil Avenue Along Phone Village Road, Electronics Section Alaba International Market.

Ajah 1

KM 25, Lekki-Epe Express way, Ajiwe-Ajah.

Ajah 2

KM 22, Lekki-Epe Express way, Opp. Jeffrey’s Plaza, by Abraham Adesanya Roundabout, Ajah.

Akowonjo

41 Shasha Road, Akowonjo Junction, Dopemu, Lagos.

Awoyaya

Km 36, Lekki-Epe Express Way, by Ogunfayo Bus Stop, Eputu, Awoyaya Lagos.

Cele Okota

103, Okota Road, Cele.

Festac

1st Avenue Road, Festac first gate, besides INEC office, Festac town, Lagos.

Gbagada

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

Ikeja

9, Medical Road, former Simbiat Abiola Way, Opp, Zenith Bank.

Ikoyi

103 Awolowo road, Ikoyi Lagos.

Ikosi

16 Ikosi Road, Ketu Lagos.

Ikorodu

Sabo Road Garage, Ikorodu.

Ikotun

29, Idimu Road, Opp. Local Govt, Council, Ikotun, Lagos.

Ilupeju

13C Ilupeju Byepass, Ilupeju, Lagos.

International trade fair

Shop D77 & D78, Abia Plaza, BBA, Lagos Int’ Trade Fair Complex, Lagos.

Ipaja

164, Lagos Abeokuta Express Way, beside Diamond Bank, Lagos.

Jibowu

20 Ikorodu Express Road, Jibowu, Lagos.

Lekki Admiralty

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.

Igbo Efon

Km 17 Scapular plaza Igbo efon.

Old Ojo Road

Old Ojo Road, by Police Station Lagos.

Ogba

3 Ijaiye Road, Beside FCMB Ogba.

Opebi

62 Opebi Road, Ikeja Lagos.

Oyingbo

No 25 Otto Causeway Opp Iddo bus top, Iddo Ebute Metta Lagos.

Sango

3, Abeokuta – Lagos Expressway, Sango Ota, Opp. Sango Bridge.

Surulere

26, Adeniran Ogunsanya, Surulere, Lagos.

Volks

169, Badagry Expressway, Volkswagen Bus Stop.

Victoria Island

1436 Sanusi Fafunwa Street, Victoria Island, Lagos.

Yaba

Tejuosho Ultra Modern Market, Ojuelegba Road, Yaba, Lagos.

Epe

Animashaun Plaza, Beside Petrocam fuel station, Near Epe T-junction, Epe.

Isolo

43, Osolo Way, Ajao Estate, Ekwu Awolo House.

  • Abia State

Aba

No 5 Asa Road Former/Old Nitel Building Aba

Umahia-1

8 Mission Hill, Opposite Villaroy Hotel, Umuahia Main Town

Umahia-2

No 60 Aba Road, Close to MTN Office at Aba Road, Umuahia.

  • Adamawa State

Yola

Plot 2 Bekaji Plaza, Bekaji Karewa Road, By Fire Service Roundabout, Jimeta Yola.

  • Ekiti State

Ado Ekiti Center

Soladola petrol station, beside Apc secretariat, opposite moferere junction, along ikere road, Ajilosun

  • Osun State

Osogbo

Ogo Oluwa Bus Stop, Gbangan / Ibadan Road, NIPCO Petrol Station, Osogbo.

  • Imo State

Owerri

Plot C31, Relief Road, by Relief Junction, Off Egbu Road, Owerri.

  • Niger State

Minna

Landmark: After Mr Biggs beside Nepa Office, Farm Center Area, Tunga, Minna – Niger State.

  • Benue State

Makurdi

No 4 Old Otukpo Rd, Opposite Dester’s by Savannah Roundabout.

  • Kogi State

Lokoja

No 1 IBB Way, Adankolo, Lokoja, close to Federal Medical Cente

  • Nassarawa State

Lafia

Shops 1 & 2 Police Officers Mess, Opposite Polaris Bank, Jos Road, Lafia.

  • Kebbi State

Birnin Kebbi

Ahmadu Bello Way opp alhaji boye coca cola Depot Birnin Kebbi, kebbi state.

  • Katsina State

Katsina

Shema Plaza Ground Floor, Mani Road, by W.T.C Round-About, Katsina State.

  • Kano State

Kano 1

No 1 bompai road by Tarawa Balewa way, Opp Grand Central Hotel Kano.

Kano 2

Centro Plaza, Opposite Buk Old Site, Kabuga, Kano.

Kano 3

No 32 Zoo Road, Opposite Shoprite, Kano.

  • Kaduna State

Kaduna 1

8 Ahmadu Bello Way, Off Kastina Roundabout, City Plaza, Kaduna State

Kaduna 2

Lagos Garage by Airforce Mami Mando, Kaduna State.

Kaduna 3

Nnamdi Azikiwe Expressway by Command Junction, close to Samrada Fuel Station (beside 911 bakery).

Zaria

Dairu Garba Plaza, 18 Sokoto Road, MTD Junction By Nnpc Filling Station, Sabon Gari, Zaria.

  • Plateau State

Jos 1

Plaza 1080, Yakubu Gowon way, Dadin kowa second gate.

Jos 2

Angwan Soya Zaria Road bypass, Opposite Jankwano Bingham University Teaching Hospital.

  • Jigawa State

Dutse

Government House Round-About, Asamau House Block B, Number 8, by Airtel Office, Dutse, Jigawa State.

  • Taraba State

Jalingo

32 Hammaruwa way. Besides former Kashere Filling Station Jalingo.

  • Oyo state

Ibadan 1

Town Planning Complex, by Sumal Foods, Ring Road, Ibadan

Ibadan 2

Suite 5, Kamal memorial plaze, former iyalode complex, opposite funcktionals clothing, bodija – UI road, UI Ibadan.

Ibadan 3

No 76 Opposite Arisekola Mosque Iwo Road Ibadan.

Ogbomosho

NNPC Mega Station, Opposite Zenith Bank, Star Light, Ogbomosho, Oyo State.

  • Kwara State

Ilorin 1

190, Ibrahim Taiwo Road(Upper Taiwo), Opposite Primo Pizza / Chicken Republic, close to new Wema Bank, Ilorin.

Ilorin 2

No 1 Umar Audi road, Fate Road, Tanke GRA, besides Hotels Mirabilis. Ilorin.

  • Enugu State

Enugu 1

7, Market Road, Holy Ghost Park, Opp. State Library, Ogui, Enugu.

Enugu 2

67, Zik Avenue Uwani Enugu.

Nsukka

No 64 Owerrani, Enugu Road, Nsukka.

  • Edo State

Uselu

202, Uselu Lagos Road, Ugbowo Benin City.

Akpakpava

112, Akpakpava Road, Benin City.

Airport Road

Shop 1, Omegatron Plaza, 47 Airport Road, Benin City.

Ramat Park

42, Benin/Agbor Road, Oregbeni, Ramat Park Benin City, Edo State.

Auchi

Okene Express Way, Opp Auchi Polytechnic, Auchi.

Ekpoma

Ukpenu Road Opp. Grail Message Centre, Akahia, Ekpoma.

  • Delta State

Asaba 1

Asaba Onitsha Expressway, By Head Bridge.

Asaba 2

445, Nnebisi Road, opposite Zenith Bank, Asaba.

Asaba 3

SUIT 53/54 INDEPENDENCE MALL OKPANAM RD, ASABA.

Warri 1

138, Effurun-Sapele Rd, by Airport Junction Warri.

Warri 2

116, Effurun-Sapele Warri Road, Effurun Opp. Our Ladies High School.

  • CrossRiver State

Calabar

29 Ndidem Usang Iso Road ( Aka Marian Road) Calabar.

  • Bauchi State

Bauchi

Shop 7, Yandoka Road, Adjacent MTN office. Opposite First Baptist Church, Bauchi State

  • Bayelsa State

Yenagoa 1

Kpansia Epia, Opposite Wema Bank by INEC Junction, Yenogoa

Yenagoa 2

Pam House, Tamic Road and School Road, Okutukutu By Isaac Boro Expressway, Yenogoa

  • Anambra State

Awka

Elite Shopping Complex Opp Crunchies fries, Enugu/Onitsha Expressway, Awka

Onitsha

2 Awka Road, By DMGS Junction, Beside All Saints Anglican Cathedral, Onitsha

Nnewi

No 73 – Owerri Road, Martina Chukwuma Plaza (Innoson Plaza), Opposite The Salvation Army Church, Umudim Nnewi

  • Akwa Ibom State

Uyo 1

3, Monsignor Akpan Avenue, Itam industrial layout, opp Timber Market, Itam.

Uyo 2

No 108 Oron Road, beside the First bank, Uyo.

  • Ondo State

Akure Center

No 22 Oyemekun Road by Cathedral Junction Akure

  • Rivers State

PHC Choba

LACFOG PLAZA Adjacent Choba Police Station East-west Road Choba PHC.

PHC Woji

No 118 Off Woji GRA, Same Building with Miskay Boutique By Bodo Junction, Port Harcourt.

PHC Stadium

No 9 Stadium Road, Beside Benjack, Port Harcourt

PHC Artillery

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.

  • Sokoto State

Sokoto

3/4 Maiduguri Road Gawon Nama Area

  • Zamfara State

Zamfara

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.

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Business

7 Super Professional Tips to Build a Successful Business in 2022

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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.

Build a Successful Business

People (Team) Working Together – Credit: Pexels.com

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

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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;

1. PrimaryOffer
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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