The Worst financial Mistakes Made by Small Business Owners

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  When you are starting out, you may make some financial Mistakes in your business. But it's important to keep in mind that the choices you make today and the habits you form now can affect the rest of your financial life. Small Business Owners want to search for the opportunity to cross the frontiers and find out about the sectors they care for. They are good problem solvers, challenge their known bounds, cross borders, and sail to unspecified waters. This risk-taking tendency derives from a distorted understanding of the contractor that sometimes equates risk and chance. There are small failures and errors that can be resolved on fly. But some in particular will burn down the house quickly. This is a huge reason why many Small businesses struggle in their first few years. All of which is understood to have brought to their knees even the most ambitious young companies a flux that unexpectedly drowns, an enormous unforeseen cost and a fast accumulation of debt. The ...

Make money as a Nigerian Youth - 10 apps that make you money

Girl holding a phone amiling



 

Apps and making money online are become synonymous these days. With the rise of fintech companies and Paypal x Flutterwaves efforts to make it easier for nigerians to make money, Lets look at the possibilities this has opened for nigerian Youths.

If you have ever asked the question "how do i make money from my phone?", this article will look at some money making apps and website that can make you money from your phone.

Money making applications on your phone provide you with the ability to earn rewards, work and make money. There tons money making apps on the app store  and play store, in this article we will list some that are popular among people with good reviews.

The State of Youths in Nigeria

Nigeria has reportedly crossed about 167 million in 2012. (National Bureau of Statistics). About half of the population of the National Population Commission (NPOC 2013) is composed of youth people between the age of 15 and 34. Unfortunately, the unemployment rate is growing with the young population. Indeed, unemployed young people in 2012 numbered about 11.1 million.

This post looks at money-making applications where only your phone alone will give you money.

This list contains money making apps for android phones, iphones and window phones. Since most people within Nigeria use android, I have provided download links to the Google play store version of apps. If you use iOS or Window Phones, please search for them within your app store.

FOAP

This is a famous app that lets you sell your image and make money. You can take photos on your phone, save and sell them to big corporations such as Pepsi, Nivea, Bank of America, Volvo Group, Absolut Vodka, etc. free of charge.

You can also post the content through a broad forum, including Getty Images. You should build a good portfolio and let investors around the world see what you have.

You can use the app free of charge with unlimited storage and collect 50% of the retail commission. There are also $50 per mission.

Click here to download this app from the play store.

If you're searching for cash-making applications to sell photographs and make money, then that's the most common of all. Of more than one million downloads. Averaging 3.8 Stars and 500 reviews.

It is easy to use and comfortable. You have to upload photos and videos to the app to get cash. To start using Foap directly, you have to download and register the program.

You can sign up for or via your e-mail for your Facebook account.

But the photographs can be purchased on the website online. To import, you need the Foap app from Apple iTunes or from Google Play.

Also Read How To Make A Solid Financial Plan For Free

How Does Foap Work?

In Nigeria, to start Making Money Online, you need to download and register the iPhone or Android mobile app. If you have Facebook or an e-mail (that doesn't), you will in seconds.

You take a screenshot of your Facebook profile and enter your name. You have to add your birth place and birth date. You are about to go till you do that. To draw the image you are requesting from your camera, click the button on the bottom of the camera.

When you load, you add a description, and then suggested keywords. If you do not see the ones you want you can pick from and you can add other pictures.

You can hit a very short legal page by clicking on "Publish" on the top of this page. Both questions are: 'Is someone in your shot?' and 'Are your faces in this shot recognizable?'

Until you find a familiar person within the photo, you will not need a portrait or model release deal.

To be paid, you must first sell your photos. If that is the case, you're contacted. You will need a PayPal account to receive the money you submit each month.

You'll have to request it by the 15th of the month. If not, you're going to have that next month.

CONS

Every month the payments occur. It could be a trouble waiting for your earnings. In particular, if you forget the 15th of this month's payment date.

More than one picture can't be uploaded at a time. This slows down and makes it uncomfortable.

Many people are there.

PRO'S

Foap sells you your images, earning you a fee of 50 percent. This is better than most photography websites.

It is free to register and sell your images.

There is a certain degree of resolution on several stock photography websites. Currently, this is limited to DSLR files. On FOAP, the minimum is 1280 x 960 pixels. You can use photos on your Phone.

 

InstaNaira

InstaNaira offers you plenty to do during the day while you can watch animations, films of Nollywood, comedy skits. You just do this things. You can also earn by reading. Cash and airtime are the rewards available.

When you open the app every day, you get money and can make it by using the recommendation system. Looking for an app in Nigeria to make money? You've been protected by InstaNaira.

How to make money on instanaira

All you need to do is look at video from the app, as I described above. There are just a few brief videos (clips), maybe 25 seconds or fewer. For each fully viewed film, you win 2 points. There are also 3 content categories to choose from, but the supported videos still have videos for you.

Every user who enters your reference ID as a referral code gains you 50 points.

However, there is a rule that the amount earned through transfer income for the opt-out should include at least half the video revenue earned.

Your referral gets 50 points also when they signup with your ID, so always encourage them to use your referral ID.

Also, sponsored videos are always available for viewing. Whenever you finish watching one, another is available in seconds.

How To Redeem My Points For Cash Prices?

You will visit the Withdraw tab on the app when you have crossed your favorite cash price threshold. You can have different settlement choices.

Airtime Redeem:

1000 Points = #300

2000 Points = #600

4000 Points = #1300

Bank Transfer:

8000 Points = #2600

10000 Points = #3300

18000 Points = #10000

PayPal:

20000 = $30

 




Money on a laptop

Trade bitcoin

When higher inflation rates and bank inaccessibility rates make it unsensitive to deal with naira, cryptocurrency can be seen as an option because digital assets are decentralized, economic recession free and are tradable at once.

You will get Bitcoin in different ways using peer-to-peer markets, such as gift cards, payPal, cash deposits and more. Play with interest rates, bitcoin values, and currency rates, and make a huge profit.

Each time one of your direct references makes a business, you can receive a 50% fee for the escrow fee from the Affiliate Program. Let the snowball of your money!

 

How to earn money in Nigeria as a student?

Become a freelancer in any expertise

The only way to make money online as a freelancers was not teaching English and translating/interpreting. Hop on websites like the Upwork,  Freelancer,  Fiverr  and you can find that jobs in different fields are needed for support. Some of the most popular ones are:

Graphics design – Many startups and influencers are looking for freelancers to create logos, business cards, Brochures and so on, if you are skilled in this type of service you can start making some good money in  no time.

 

Digital marketing – Services such as SEO, email marketing, and social media marketing are still in demand today with more companies seeking to develop their online presence.

Copywriting – You can discover an array of gigs you can finish in just a few hours from websites to copy sales and product descriptions.

Investing through a user-friendly app

Though investing may sound terrible for a 20-year-old, it is not unfeasible with the support and ease of using apps such as Piggyvestcowry wisewealth.ng and much more. These applications have made it more exciting and enjoyable to engage in a process. I see no reason why anyone should ignore the stock market, because Nigeria stocks are the largest performing stocks in 2020.

Signing up for any of these platforms is as easy as abc and the referral systems allow you to earn up to 1000 naira per person you invite.

 

What if you have some lucrative unique skills that you'd like to take advantage of?

 

Selling designs on printivo

If want to explore/train your creative muscle and want other people to use your creative graphic designs in their business, t-shirts, flyers, banners and coffee mugs, start selling them on the Nigerian website Printivo. If a customer is interested in your concept models, after eating the text and the items on your templates, they can place orders.

Publish ebooks

All right, so you have a niche to share and some nice stories, but do you not want to watch yourself on a rectangular screen?? Try to write these eBook adventures. You can publish your book in less than 5 minutes with Amazon's Kindle Direct Publishing (KDP) program and it will appear in Kindle stores worldwide within 24-48 h. Specify the list prices and edit the books wherever possible; this tool is highly versatile. One day, remember that KDP will let you do this for free when you want to see your book printed!

Making your own profitable online course

If you have great video editing capabilities and want to assist others in organizing their experience? Switch to Udemy. Turn to Udemy. In order to educate passionate learners in businesses, designs, IT, tech, marketing and photography – for name a few – over 100,000 online lessons have been opened. It's not only a lonely trip, but a Facebook community of Udemy teachers is here helping each other create quality videos. you are paid while students are buying their course.

Affiliate marketing

Why not share love with friends and family, and pay for it, if you have a product or app that you like?

The rates of the Commission differ, but can add up to high revenue. Some websites are, for example, provided with a special partner scheme where members receive 50% fees each time a transaction is made by one of their direct references. That means you can get 50% of the 1% – 10$ – fees if you exchange one of your referrals for $1,000 worth of Bitcoin.. You will make big cash because you have several references and both participate in large amounts of trade!

Connect Buyers with Suppliers

Share-A-Sale and Amplifinity sites offer referral fees. Vendors fix their referral costs and what programs they are able to pay. When the deal takes place, the corporation pays you for bringing a new buyer. In addition to transactions made, uRefer also enables merchants to set up reference programs for presentation and conference.

Get paid to test websites

By checking websites and letting companies know whether or not they are user friendly, you will make money. Slight modifications will make a lot of cash for internet sellers, so it makes sense for them not just their marketing and production departments, but to get their views from their target audience. You can get $5-$90 charged per test or interview, but the majority of tests are about $10.

You can get started with these sites:

Userlytics Try my UI Userfeel

To be a good testing specialist, you should not be a digital expert; you just have to answer frankly and consider what you are looking for. But if you want to clean your skills, Accenture offers a free customer interface course to help you appreciate the issues and processes of decision-making.

Become a clickworker

Clickworker is another website offering gigs and tasks. You make an average of $9 per hour on the web, so you can do more in time. The activities range from categorisation to audio capturing so that you can find something that you are familiar with.

Sell your story

Perhaps you can make money off your story if you have been through any odd encounters. Websites and magazines are paid for everything, from radical weight loss to family drama to sensational first-party stories.

Real People Mag focuses on more incidents of extreme importance which pay for covered content up to £2,000. Facebook communities like FeatureMe! have journalists selling marginally lower features and less challenging stories, usually £100- £500..

 




Phone, notepads pens and a laptop placed on a table

REDBUBBLE

Print on-demand companies are great because they encourage you to access a whole audience of people who want to see art that you couldn't otherwise reach. And because you only need your art downloaded, passive revenue is easy to receive. This means you don't have to think about delivering orders while you have your art in your store. You do not print or mail anywhere. You just have to sit down and let the money come in!

Redbubble is a Print-on-Demand site that allows you to make money by putting your designs, text, memes and actual art on their products to sell to their customers. Redbubble works just as easily as FOAP, the only difference is that you put out your pictures, arts, text designs on Different items like tshirts, pouches, stickers and even puzzles. It sounds llike a lot but I assure you its so easy and you can start making good money from selling money on redbubble.

Redbubble

Make Money with OPAY

Do you like spending money, do you like buying airtime, do you load your betting app every other day.

Don’t do these things again without the OPAY app. OPAY pays you in form of cashbacks when you buy airtime, bet and pay bills they can pay up to 10% of the amount you have used which is an amazing way to save money and use them for other things.

Opay also has an amazing referral system and can pay you and the person who you have referred 1000 naira for only signing up.

Save money with Opay Today


Also Read HOW I PLAN TO MAKE 3 MILLION NAIRA IN 2021 WITH A FRESH UNI DEGREE

 

BUZZBREAK

What is BUZZBREAK?

In Nigeria, BUZZBREAK is an excellent app for reading news from famous newspapers and magazines such as CNBC, the New York Times and other reliable outlets, according to your country.

They merge them into a beautiful little box for their customers.

Content can be filtered depending on 6 different interests: news, sports, culture, lifestyle and technology.

BuzzBreak also gives you the opportunity to make money when you watch shows.

The software is very simple to use and requires little effort, except by pressing every 30 seconds the yellow button to retrieve points.

BuzzBreak app was released in 2018 and over 1 million times so far has been downloaded!

Is BuzzBreak app legit?

Yes Buzzbreak is a legit app, that has a minimum payout of $0.02.

Pros

  • No effort required.
  • It’s a very informative and addictive app.
  • Read the news from reliable media outlets.
  • Get paid via PayPal or Gcash.
  • Sign up using your Google or Facebook account
  • Cash out with as little as $0.02.
  • There are no redemption fees.

Cons

  • Low earning potential, but it adds up.
  • It consumes a lot of internet data.
  • You can only claim points 50 times per day.
  • The app drains the battery of your phone.
  • There is no FAQ.
  • It’s not available for iOS devices yet.
  • Sometimes you must watch a video ad to continue using Buzzbreak. The good news is that you may earn some extra points.

 

 

 

How to sign up on Buzzbreak

Google Play Store download and register the BUZZBREAK app.

You will be awarded with 200 points, equal to $0.002, after active registration. You will start earning by watching video or reading the juicy news stories until you get the program up and running. Tap a yellow button that gives you more than 75 points in news reports. A referral scheme is also available for higher profits as each referral receives 100 marks.

Withdrawals shall be restricted. As for many cash-making applications in Nigeria, the minimum withdrawal balance is set at $0.02, which can be withdrawn via paypal, and developers at Partko Tech.

 

Use a Referral Code

Buzzbreak also gives you a 2000-point bonus when entering a referral code.

On Social Media sites, blogs and YouTube channels, users promote their special code.

If he or she invites you to update the software, you can use the code of a mate.

You can share your own code for the transfer benefits and commissions with other parties until you enter Buzz Break.

 

Buzzbreak Points and Rewards

 

Like I said, Buzzbreak gives you points to turn into currency by PayPal or cash.

 

In contrast to most payout games, the minimum cash is very low of $0.02.

 

$0.10 (100,000 points) or $0.50 will also be paid out (500,000 points).

 

I suggest that you take your money as quickly as possible and if there are any problems you won't lose a higher amount..

 

Whatever your country, on the very first day you will meet the minimum threshold.

You should expect to collect the money within 48 hours after you make the invoice.

What I like about Buzzbreak is that it shows you the exchange rate between US dollars and points.

And they'll even screen you the currency's cash balance if you don't live in the USA.

 

 

How to Get Points

 

Reading the News

Everything you need to do to gain points is scan the articles, then after 30 seconds press the yellow button.

Share

 

 

If you don't like, you don't have to read any article.

Your only task is to scan the news or post so that the brown line is moving clockwise around the yellow button.

Oh, oh, oh! If you finish scrolling up or down, the line will stop.

Once a full circle is reached by this brown line, your points can be claimed by pressing the mouse.

If you read a post, an additional move is taken that includes scrolling to the bottom of the page to see a publicity.

150 points are earned to navigate the news feed and 300 to read the post.

 

Watch Videos

By watching cool videos in almost the same manner, you can even earn points.

The videos play automatically and the brown line is moving in a clockwise direction as you scroll down

 Log - In

When you use Buzzbreak for 7 straight days, you receive a regular check-in bonus that goes higher and higher.

You can win an additional 9700 points and a day of double awards if you clock in for 7 straight days.

Free Points (Offers)

Many don't realize that they can even win free points for completing deals from third parties. 

For example, downloading and playing mobile games will gain hundreds of thousands of points.

The standard deal allows you to download the application and reach some goals in the game.

When filling out trial deals, be sure to take proper care, especially those which require your credit card information.

Always read and keep track of all the terms and conditions!

You will also have the option to participate and be paid for your views in study marketing studies.

There are various survey routers that balance survey possibilities on the basis of such profiling questions.

Invite your friends to make money, invite your friends to install BuzzBreak and ask for your transfer code to be inserted.

In the 'Wallet' segment you will find your reference code.

 

For every friend installing Buzzbreak, you can win 27,000 points and enter your code.

You will also get a 20% share of all your peers and 10 tickets in order to turn the lucky wheel.

You can tap Sharing buttons inside the Facebook, Whatspp SMS, Messenger or another social media platform to promote your code in the "invite friends" tab.

For referrals, it is excellent to gain passive profits!

The low pay rates therefore require thousands of active references to make a difference.

 

More Points!

Complete these functions, if you require easier points, go to a wallet:

Share the Whatsapp or Messenger communities with Buzzbreak. There must be a squad of more than 50 – +10,000 points.

Follow BuzzBreak on Facebook: +3,000 points.

Follow BuzzBreak on Messenger: +1,000 points.

Connect your Facebook account: +1,000 points.

Where is the Money Comming From?

Notice that when you browse the news and videos app, you can see plenty of advertisements.

You can also see a video ad for a few seconds when you tap on your wallet or other application function.

Ok, Buzzbreak receives payments from advertisers and shares their marketing income with consumers. It's that straightforward!

That is why BuzzBreak will allow you to run and reward you as a member.

How Much Money Can You Earn With BuzzBreak?

The quick answer is, very little!

You can't make any money, because only 50 times a day you can demand free spins.

The easiest approach, instead of searching feeds, is to retrieve your points.

You will then get 300 points each time you press the yellow button, instead of collecting 150 points.

That's just 15,000 points or $0.015 a day, though!

You may have to spend half an hour, according to my estimates, to win $0.015 of points.

In addition, the check-in discounts have to be taken into account, which gives you an additional 9700 points a week. It's still under 1 cent a week!

For people who are using the BuzzBreak app for revenue, I think it's really discouraging.

You do not hope to receive more than $6 a year without finishing bids or inviting hundreds of individuals.

 

Young ethnic male screaming


also read  10 ways I save Money as a Nigerian Youth

Avoid online Scams

let me  leave you with some final guidance now while you are motivated: Be careful of fraud as you look for opportunities to make money.

Avoid anything requiring capital to be invested (unless, of course, you invest); you shouldn't spend to just get started. In addition, never give a source you don't trust your credit card or banking details.

Do your homework. Make your RESEARCH. If you want to operate via an organization or website, browse online, read the latest company news stories, look up the scores from the Better Business Bureau and even contact the company and ask real-life questions.

It could be, as a rule, too good to be true if it sounds too good.

Good luck and good income!

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