Being a student, especially in Nigeria is not easy, you’ll always need more income in other to survive in the harsh environment on campus, and balancing the demands of education and finances can often be a challenging task. However, with a little creativity, determination, and a modest investment of 2k – 5k Naira, it is entirely possible to kickstart your own business venture.
What Business Can I Start With 5k In Nigeria As A Student?
There are many businesses you can start with just 2k – 5k as a student, I’m going to list 10 of them, I’m listing a mix of both online & offline business ideas.
1. Campus Tutoring
If you are good at a particular subject or course, one of the business you can start with 5k as a student in Nigeria is Tutoring, Why? Because it’s very easy to start, you don’t need pricey equipment or anything at all to get started, all you need is to send out information that you’ll be holding classes for a fee.
- You can do either private or public classes for students.
- For private lessons, you don’t need much advertisement, you just have to be known in the campus for the course you’re good at and people will come to you.
- For General classes, you’ll print flyer informing fellow students that you’ll be holding classes.
- Make sure you have a fixed fee for your class for students to take you serious.
2. Laptop software troubleshooting
If you’re a tech bro, one of the profitable business you can start with 5k as a student is Laptop software troubleshooting, the reason is that this business is easy to start and doesn’t require expensive equipments or a fixed location like a shop to operate, you can troubleshoot and fix laptops at the comfort of your home or in school class room.
- You target market should be all the students that have a Laptop in your campus as well as nearby business or people that may need your services.
- But Necessary drivers, installation disk and other stuffs that will be needed to start this business.
- Make sure you don’t underprice your services, keep it balanced.
3. Grow & sell facebook accounts & pages
Read this: How To Get 10,000 Followers On Facebook Fast And Free
This is a business that any student can do, The reason Growing and selling of facebook page is a good business for students is that, it doesn’t require investments to get started, you can do this with just the your smartphone, and internet connection and a facebook account . So if you’re asking what business can i start with 5k in Nigeria as a student? Then this is the one for you.
- This business requires you to have a smartphone with an internet connection.
- If you don’t have a Facebook account, create one.
- The head over to pages and create a page.
- since you’ll be doing this for monetary purposes, the page you create should mimick a popular celebrity or another popular page, make sure you indicate as unofficial, fan page or parody.
- Start creating contents for the page, use this facebook page growth strategies to learn how to grow your page.
4. Smartphone Graphics Design using Canva
With just 5k or even less , you can start a Smartphone graphics design business using a user-friendly tool like Canva. You can create eye-catching social media posts, design logos for small businesses, and much more.
You can start by learning the basics, I recently came across this youtube tutorial that teaches this.
Once you’ve learnt and practice, you can start offering your design services. You can use your facebook or instagram account to promote your works. As time goes on you can also start teaching others and getting paid.
5. Become a virtual assistant
As a virtual assistant you can do stuffs ranging from managing calendars, handling email communications, providing administrative support to simple tasks such as commenting on social media, answering questions on online platforms on behalf of a business and so on. All from the comfort of your own space. your ability to adjust and do different tasks can become a source of income.
Start by investing in creating a professional online presence on your facebook or LinkedIn account. Next, offer your services on platforms like Upwork or Fiverr. Soon, you’ll be juggling tasks for clients worldwide.
6. Become a Jumia Jforce Agent
Jforce is the sales agent platform of Jumia, with this, interested people can register and start making money simply by helping people order stuffs on the Jumia website.
How does JForce works?
Jforce works like this:
- You register on the platform by filling all required information
- You login to Jumia website using the same account you used to register for Jforce
- you order for anything for someone, the stuff gets delivered to the person, you get your commission.
If the above is not too hard for you, you can become a Jumia sales consultant and start your own business. Promote products to your friends, audience and colleagues and earn commissions for every sale. It’s an easy way to make money while you’re studying, and your time investment can quickly grow into a successful business, this article shows you how to register and become a Jumia Jforce Agent.
7. Give Music lessons
If you are good at a particular instrument then Giving music lessons could be a good business to start with 5k as a student in Nigeria, because it is free to start, you just need to posses a musical instrument and the skill of playing it, then you can start this business.
- To do this business, you have to create awareness
- You can do this buy, attending church programs, visit different churches, offer to teach fellow students possibly in groups for a fee.
- You can also post your videos on your facebook profile for more visibility among students that are not church goers.
8. Content writing
Starting a content writing business on campus can be a great way to showcase your writing skills while earning some extra income, this business is easy to start, what is needed your skills.
- Firstly you’ll have to etermine who your potential clients will be. Are you targeting students, faculty, or local businesses?
- Create a portfolio of your writing samples to showcase your skills and expertise. Include different writing styles and topics.
- Create awareness about your content writing business. Utilize social media platforms and network with students in campus as well as potential clients.
- Once you secure clients, ensure that you deliver high-quality content on time. Meet their expectations and maintain professionalism.
9. Use chatGpt to write and sell Articles & Ads copy
As a student, you can utilize ChatGPT to create engaging contents and copy for advertising, all you need is prompt creation techniques and a free openAI account to get started.
- Learn About chatGpt and prompts
- Create An OpenAI account
- Research about new and powerful prompts
- Start creating Articles and advertisement copies
- Create awareness of your business on your social media accounts & post flyers on school campus and network with other students.
- source for Gigs
- Be serious and take it as a business, you can make a lot of money from this.
10. Affiliate marketing: promote online courses on your social media profile
Affiliate marketing involves promotion of other people’s products to your audience, once you make a sell via your unique link, you can receive an agreed upon commission.
So as a student, consider becoming an affiliate marketer for online courses on Sellpass.co, becoming an affiliate on sellpass.co costs about 10k Naira, so you may need to add extra 5k to what you’ve got already. This facebook profile offers valuable resources on Sellpass affiliate.
It’s a great way to make money without breaking the bank – just promote valuable courses using your social media accounts, I recommend you use Facebook or twitter or even both as there are the best when it comes to this.
Earn commissions with every sale made through your unique link.
What Business Can I Start With 2k In Nigeria As A Student?
11. Grow & Sell Tiktok accounts
If you’re familiar with TikTok and have a knack for growing followers, growing and selling TikTok accounts is a good business you can start with 2k as a student and can be a lucrative opportunity.
- Firstly, Select a specific niche or topic to focus on, such as comedy, fashion, or fitness, technology, relationship. This will help you attract a targeted audience.
- Consistently create high-quality, entertaining TikTok videos on your chosen niche. Follow different trends and styles.
- Share your TikTok videos on other social media platforms, collaborate with other creators, and always engage with your followers.
- Use relevant hashtags to increase your visibility and attract more followers.
- Once you have a substantial following, you can sell your TikTok account to interested buyers who are looking for ready made tiktok accounts.
12. Crypto Airdrop & AMA farming
For tech guys & girls, Crypto airdrops and AMA (Ask Me Anything) farming can be a unique way to earn cryptocurrency as a student on campus.
- You start by staying updated on the latest cryptocurrency projects that offer airdrops or AMA sessions. Follow crypto twitter accounts, join Crypto whatsapp & discord groups.
- Sign up for airdrops by providing the required information. This often involves completing simple tasks or spreading awareness about the project.
- Participate in Ask Me Anything sessions hosted by Crypto projects. Ask thoughtful questions and engage in discussions to earn rewards, which is usually a share of 1000 to 5000 dollars.
- Once you receive the airdrop rewards or AMA tokens, transfer them to a secure cryptocurrency wallet for safekeeping.
- Continuously educate yourself about the cryptocurrency market, as new projects and opportunities arise frequently.
13. Offer Dance lessons
If you have a passion for dancing and want to share your skills, offering dance lessons on campus can be an enjoyable and rewarding business.
- You start by determining the type of dance you want to teach,
- Find a suitable location on campus where you can conduct your dance lessons. This could be an open area, a studio, or a rented space.
- Advertise your dance lessons through flyers, social media, and word-of-mouth. Consider offering trial classes or discounted rates to attract students.
- Provide energetic and engaging dance lessons, focusing on technique, choreography, and fostering a positive learning environment.
14. Writing of term paper & Assignments
Still asking what business can i start with 2k in nigeria as a student? here’s a good one. If you have strong writing and research skills, offering assistance with term papers and assignments can be a valuable service on campus and can make you a lot of money.
- You start by creating of flyers and spreading the word among fellow students about your writing assistance services.
- Determine your rates based on the complexity and length of the assignments. Ensure your prices are competitive within the campus market.
- Write well-researched, original papers that meet the requirements and guidelines provided by the students. Maintain deadlines and communicate effectively.
15. Become a fitness Instructor
As a guy, if you’re passionate about fitness, why not turn that into a business? You don’t need much cash to get started, just start by creating workout routines, host virtual sessions, or even hold small group classes.
You can also open a facebook and youtube channel and post your tutorials, routines, inspirational videos and other related stuffs, which can easily blow up and give you exposure and free publicity to garner more followers and build an online brand.
16. Sell stock photos on Freepick or shutterstock
If you’re more into photography? Why not try selling your pics on platforms like FreePick or Shutterstock.
With just a little bit of investment (perhaps in improving your snapping skills), you can build a portfolio of stock photos that can bring in passive income over time. Awesome, right?
And you don’t need a sophisticated DSLR camera, if you have a smartphone with a good camera, you can start with that and then save up to buy your own camera, the idea is to start with what you have and grow from there.
17. Grow and sell pinterest accounts
Pinterest is a photo Blogging social media, if you’re familiar with it, you can use it to grow and sell accounts.
By learning how to build followings and engage users effectively, you can flip those accounts for a nice profit.
Pinterest is all about sharing pictures and it would be great if you choose the right niche that will enable you to grow in less than no time, niches like fashion and design can be some of the most rewarding. This post, how to grow a pinterest account by Hubspot should be of help.
Read Also: 19 Profitable Small Business Ideas for Girl Students In Nigeria
Conclusion
In conclusion, being a student in Nigeria can be challenging, but with a little creativity and a modest investment, you can start your own business venture. From tutoring to tech troubleshooting, growing and selling social media accounts to offering dance lessons, there are various business opportunities that you can explore with just 2k to 5k Naira. Whether online or offline, these businesses provide a way to earn extra income while balancing your studies.
