I see people jump from one business to another, or simply follow the crowd because they're confused or probably deceived.

Oh well, no one is to be blamed as the economy in the country is seriously shaking, plus there's little or no support from the government to entrepreneurs, hence the reason why many businesses fail and eventually fold up.

To be frank, doing business in Nigeria is a struggle. Don't be deceived by the glitz and glam on social media, there's a behind the scene, where the real deal happens.

Truth is, many successful business owners never reveal their secrets because of competition and probably influx in the market. After all, the higher the supply, the lower the demand.

One thing for sure is, there are business that do not have season(s), they sell regardless of the season or the economy. While some businesses on the other hand, are faced with challenges.

For you to be a successful business person in this economy, the business must focus majorly on NEED and not WANT. Consumable are examples of NEEDS. You absolutely cannot do without them.

Hence, thinking of a business venture to go into that you'll get your daily income?

Please stay tuned!!!

so nairaland now na tv wey we dey stay tuned

Hello reader,

Trust you've been following. I can't also wait to share what is in store for us this year.

This new decade, we must cash out abeg. The heat is too much to be broke.

I know I've been keeping you in suspense. Yes, good things don't come in.

So what's this new oil business I've been talking about?

Oh well, is the cosmetics business.

The Cosmetics business is worth billions of dollars, and is currently worth $532 billion dollars in the US, and is worth #500 billion naira recently in Nigeria.

See link below for reference:

https://www.google.com/amp/s/businessday.ng/enterpreneur/article/the-nigerian-beauty-industry-is-worth-n500bn/amp/

To breakthrough in any business, a few factors should be considered:

1. The Market
2. The product (Fast Moving Consumable Goods FMCG tends to sell faster)
3. The price (Easily affordable for everyone)
4. The quality of the product ( Makes customers come back for more)
5. The Location (oh well, thank God for e-commerce).

So you may be wandering how is cosmetics business the new oil?

Cosmetics range from skincare to haircare, to deodorants, makeup etc.

It is absolutely a thriving business and a sure guarantee of turnover, as long as your products are genuine.

How lucrative is cosmetic business? Very lucrative! Infact, many distributors and manufacturers of cosmetics have made a fortune off the market since it's a daily consumable, and used by both gender.

Are you following? Please stay tuned! Oh, I remember, I enjoy people paying close attention to things like this, there's no need to rush, since it's a business of a lifetime, so please we'll take it step by step.

Hello,

How's the year been so far? Are you meeting your target(s)? I understand there may be several challenges, especially with these recent corona virus, hence affecting businesses.

When it comes to starting a business, a lot of people are short sighted in starting a business, which they limit themselves to sales of 'popular' items - Fashion, Jewelries and the likes.

They say the big earning businesses are not as popular as the easy businesses, hence, why business men in such field, never tell their secrets.

Cosmetics business is very lucrative. I mean LUCRATIVE. It is not limited to just creams, cosmetics like beard oil, body enhancements.and skincare have really taken over the market.

No matter how one seems broke, the need to take care of your looks is a priority.

To start with, cosmetics are CONSUMABLES - meaning people get to buy them continuously. Secondly - you can start the business with a REASONABLE capital and earn good profits.
Thirdly - It is VERY LUCRATIVE.

I'm not here to give the 'aspire to inspire' gist, no time for plenty grammar.

If you're interested in selling cosmetics, please send a WhatsApp message to
+234 8148900705, to get started.