Business Ideas – Over 1000 Business ideas and Directory of Money Sources

Business Opportunities Screaming For Discovery

Sunkanmi Vaughan — Sun, 25 Aug 2019 17:09:26 +0000

You have tried looking for jobs but you couldn’t get one due to a lot of reasons or You have a job but your financial security is far from secured, Why not start a business?

Here are some benefits of starting your own business

Being your own boss –We’ve all had a terrible boss or two, but launching your own business allows you to be the kind of boss you’d like to work for. Nima Noori, CEO of Toronto Vaporizer, an online outlet for vaporizers and accessories, makes sure his employees are happy.

“I can confidently say that after five years of being in business with a tight knit team of 15 and an extremely low turn-over rate, we are working at being not only happier in the environment I created, but doing so profitably,” he says.

You can make your own decisions, keep your own time and not have to answer to “The Boss”.

Hard work & know how – If you are a hard worker and / or have immense industry know how, you may want to benefit from the long hours you do or the knowledge that you have acquired over time.
Financial independence – As an employee, there are limits to how much money you’ll make. You are defined by a line item in an accounting ledger, says Matthew Reischer, CEO of the website Lawyer Reviews, a site that welcomes feedback on lawyers across the country.“An entrepreneur who starts his own business can break free from this actuarial perspective and redefine the value he brings to the market,” he saysOne day, you may realise your dream of financial independence.
This book titled 1000+ Practical Business Idea And Directory For Money sources can make you become a LUCRATIVE business owner. click here to purchase (A lot of freebies inclusive)
Job security: While some people would argue that working an office job in the 9-5 world has more security than starting your own business, Nick Loper, owner of Side Hustle Nation, a company that helps people earn money outside of their day jobs, says diversifying your income with various clients is a smart play.“Is starting your own business really any riskier than relying on one source of income for your livelihood?” he asks.
Creative freedom – No more restrictions, you can do what you like and have the freedom to work, design, create, build what you think is best – your way!
Goodwill – You don’t have to pay for it (as you would if you were buying a business) – you get to build it.
Location, premises, building fit-out – You get to choose it all.
Staff – You’re not lumped with staff you don’t want. You hire and train from scratch – your way.
No bad name – A fresh business, a fresh start. Your name has no bad history with suppliers or customers. If you buy a business, you may find some people just won’t deal with the business because of past dealings.
Business image – You create the business image you want. Your way

You Have a Business Idea, and So What?

Thu, 14 Feb 2019 16:25:32 +0000

When I receive the usual emails or calls from readers telling me that they have a ‘wow’ business idea, mostimes,I feel that the appropriate response I should give to them is “and so what?” but the infectious joy expressed in these emails/calls get to me so I indulge my readers who author this kind of emails.

Indulge, because I have addressed and provided appropriate answers to most of these follow up enquiries in my book, “1000+ Practical Business Ideas and Directory of Money Sources” and I expect them to have read it in my book but ‘to satisfy all righteousness’,I will go over some of the main points that address some of the concerns expressed in these emails and phone calls once again.

Ideas are not tangible so seeking my help on getting buyers for your ‘ raw’ business idea is not cool and definitely not the first place to start when you are thinking of commercialising your business idea. Once again, I remind you to capture your business idea in a tangible medium and obtain a copyright protection against unauthorized use of the idea in the exact form your idea is expressed in the tangible medium.

Ideas are not exclusively given to you by the universe and it’s important that you are fully aware that the day you ‘had your revelation’, countless others had the idea revealed to them as well so the work had been finished in the creative boxes of other humans like you. The race is now on who’s the first to try out the idea to confirm if it works or not and take the steps I explained in the paragraph above.

Ideas can’t be patented but if you can originally create something tangible or a verifiable process from your idea, the physical products/processes arising from your idea is the item you can patent based on the Intellectual Property(IP) Laws of your native country.

Trademarks are completely different from ideas. In most countries, the registered name of the business is the first that must obtain a trademark before you are permitted to acquire trademark(s) for your individual products. For example, my company identity in name and logo was the first to obtain a registered trademark (Biz Lifelines®) before our products (e.g Famz®) got its registered trademark.

So if your business idea would be owned officially for your use or transfer to another party, it’s better to first register a company, use the company as a vehicle to acquire the copyright for the exact manner your idea is expressed in a tangible medium before acquiring a trademark for your company identity and the products created from your “wow” idea.

Sunkanmi Vaughan is the host of ‘Bizlifelines With Sunkanmi Vaughan’ on radio and author of the most comprehensive business opportunity handbook; ‘1000+ Practical Business Ideas and Directory of Money Sources’

Who Do You Give Charge Over Your Business Vision?

Wed, 06 Feb 2019 04:22:34 +0000

Frankly, the question that forms the title of this write-up is a matter of life and death.

Death because,in the event you make a terrible choice on the principal person(s) that executes your vision, your business vision will die ; and life because , a sound decision in this area of your vision will deliver great results which will give life to your vision and sustain it.

I have identified three key units that have to work in harmony to birth and sustain your business vision. Like the manner “heart and lungs” work effectively to deliver “more oxygen to the working muscle cells of a fit person”, is the same way these three units must deliver what is required for your business to boost it to overcome the challenges in its way of achieving survival and profitability.

The vision itself, should not be confused for the vision carrier or with the dream team which altogether form “the Trinity of business”.

While the vision could come from any of the business ideas in my book “1000+ Practical Business Ideas and Directory of Money Sources” and be abstract, the original vision-carrier is tangible but his survival in relation to the vision are tied. The vision he carries at the start is the chain that binds him to the dream team.

Once vision is destroyed, the connection between the vision-carrier and the dream team becomes dead and gone.

I once witnessed this in the life of a business and I will share the experience with you.

Some years ago,a leading entrepreneur, decided to set up another company to take advantage of a new opportunity in his line of business, according to him,”I wanted to pioneer a unit that will focus solely on taking advantage of the opportunity the internet created in my business sector” and so he did. He assembled a team and shared his vision with his dream team,they hit the ground running. As fate would have it, they hit instant success because their business model offers new and exciting opportunities for their traditional clients and “they blew”. Five years later, he stepped back and gave free rein to his successor. Afterwards, the company’s fortune nosedived and the company suddenly became bankrupt. On investigation,it was found that the successor who met a well run company on ground, felt the company was already doing well and decided to turn his weekends to travel time to Europe to bring in cars for resale in his home country. His focus and attention,as the company leader, shifted from the original vision of the original vision-carrier to a different vision that is completely unrelated to the vision that binds the vision-carrier to his dream team and the result led to the death of the fledging company.

One of my businesses nearly suffered the same fate until we identified and removed a principal member of our dream team whose daily priority activities are not aligned with our business vision and we suddenly arrested the ‘bleeding’ in the organisation

Today’s the best time to do an audit of your business to determine if your vision is going to die or survive profitably.

EXPERT TIPS ON HOW TO CREATE AND GROW YOUR WEALTH IN 2019 Part 1

Wed, 30 Jan 2019 00:24:07 +0000

Wow! Welcome to a brand new year! 2018 is gone but to many, the memory of its ups and downs lingers. Your finances could’ve been better in 2018 if you knew some of these tips I will share with you to enable you create new streams of income and grow your wealth.

How did you fare in your finances in 2018? Did you seek professional guidance from a wealth-creation expert? Did you set financial goals? If yes, did you meet up with your expectations?

Whatever your responses are to these questions, here’s another opportunity for you in a new year and this is the perfect time to start planning your finances for year 2019.

While some complained of low income throughout the past year,I realized that a lot of people in this category have a poor savings culture and/or not aware of opportunities existing to earn extra income from the Nigerian economy so could not escape the poverty trap. For others, 2018 was a boom but a lot of the earnings were spent on liabilities or lost through phony quick get-rich schemes because these people don’t have knowledge on where to invest and increase the value of their money with zero risk of loss of capital or interest plus capital.

However, there is a unique category of Nigerians who I offered professional advice on wealth creation and investment in 2018 and they were happy with their returns on investment.

Consequently, while those who spent their money on liabilities or quick get-rich schemes had their wealth diminished, some others ,through guidance and consistent financial discipline, broke away from the poverty trap and had their wealth multiplied.

So how do you invest and increase the value of your money in such a way that whether you are working or not, your wealth will continue to grow without the risk of losing your hard-earned money?

For me, it is using the twin approach of savings and safe profitable investments. I will share some more details on this approach in my concluding part of this write-up.

Bola Vaughan is an experienced Chartered Stockbroker and Managing Director of Vaughan Capital Limited, Lagos.

For expert advice on wealth creation and investment, reach her directly on 0813 542 0066 or send email to bolasun2002@yahoo.com

Who Is The Real Beast: Elon Musk or The Herdsmen?

Mon, 12 Feb 2018 05:01:35 +0000

In a week the media treated us to appalling news about the herdsmen in Nigeria and India, Elon Musk sealed his place amongst the all-time greats, sorry beasts.

In India, according to Al-Jazeera in its documentary titled ‘Partition of Blood’, it is ‘herdsmen’ allegedly targeting and killing Muslims who buy cow for slaughtering, hiding under their Hindu religion that reverence cows to attack their fellow citizens while in Nigeria, it is ‘herdsmen’ going on reprisal killings against people who allegedly kill/steal or aided and abetted the killing of their cows, hiding under the Fulani tradition that equates the lives of cow to the lives of humans to kill their fellow citizens, In the US, Elon Musk was killing the fear of the unknown with amazing tenacity.

For the flamboyant billionaire Elon Musk, it is an outlandish, awkward yet brilliant “silly and funny” race against the future to make space travel to planet Mars cheaper in a beast mode.

With monstrous roar of engines, the most powerful rocket to leave planet earth, Falcon Heavy Jumbo rocket developed by Elon Musk, launched successfully on Tuesday, 06 February, with a sole ‘passenger’ on board, a mannequin named ‘Starman’, who rode to space inside Elon’s Tesla roadster.

Elon admitted that ‘Starman’ will travel further than Mars because SpaceX overcooked one of the Falcon Heavy’s powerful booster burns leaving the world to wonder, how did Elon Musk know so much!

From PayPal to Tesla to SpaceX and many of Elon’s ambitious innovative businesses, he has maintained that his target is to learn faster than an average entrepreneur and any of his competitors.

Elon is a beast… plain and simple and I agree that he is.

I remember seeing one of his videos on YouTube where he explained how he does it and his reasoning is legit and very sound.

Elon, how do you accomplish so much so fast?

In response, Elon said something like this…

Most people work 40 hours a week, I work 100 hours a week. So what takes a regular person 1 year, it takes me roughly 4 months to complete. Simply put, I am just working more and learning at a much faster rate than my competition.

Beast!

In short, what you focus on expands. Herdsmen or Elon Musk?

Elon is a beast, I repeat!

Get A Pepper Spray Against Poverty Now!

Thu, 08 Feb 2018 04:58:15 +0000

My idea of the use of pepper spray in this write-up is a bit similar to its popular use; legitimate self-defense against physical attack. However, in this case, the attacker is Poverty, specifically poverty of applied wealth-creation knowledge.

The best pepper spray against Poverty is Applied Knowledge of credible wealth creation information + Persistence. And here’s why it’s so.

GET THE RIGHT KNOWLEDGE:

The first step is acquisition of the right knowledge. This is the first investment you must make to defeat Poverty. This kind of knowledge is acquired by reading books like “1000+ Practical Business Ideas and Directory of Money Sources” that contain the kind of wealth-creation knowledge you need,followed by diligent understanding of the contents of these books. Where you struggle to understand the knowledge in these books, seek help for clarification from other readers or the author via phone or email. As an author whose book has been translated into different languages, I receive such emails and calls occasionally. You can listen to audio books or wealth creation videos some of which are available for free on YouTube. Attend seminars and training workshops or subscribe to a period of apprenticeship from someone who, like a book, has the knowledge you need to acquire.

APPLY THE RIGHT KNOWLEDGE.

The next stage is application of the right knowledge acquired.Most people stop at reading the books,but in life,execution is key. If you don’t apply the knowledge,you stand the risk of losing the knowledge or by the time you make the move, the knowledge has become obsolete. What knowledge did you acquire recently? Apply the knowledge today. I recall the way I applied the knowledge I got on realizing that there’s no comprehensive business opportunity handbook in my country; I went on to write it!

In your case, you can volunteer or provide free service initially to enable you showcase your newly acquired knowledge and if it’s wealth habit formation,start today and gradually you make improvements,like physical fitness exercise, you will get fitter and better with consistency.

GET A MENTOR

This is absolutely necessary. From Warren Buffett to Bill Gates,these men benefited immensely from having mentors. Success always leave a trail and sometimes, the one on one guidance a mentor gives you can make a huge difference when you are starting off or when you or your endeavors are being attacked by Poverty. If you are yet to get a mentor, I can join you in the search for a mentor in your field.

BE PERSISTENT

Once you start applying your knowledge, your patience and self discipline will be tested. Some days, you will feel like quitting (I know someone reading this has already called it quits) but if you keep applying the right knowledge that has proven track of success, you are getting better, even if you have not started earning real incomes on your way to success. I recall those days my book was newly published on Google play store and within two years went up to become the No. 1 business book on the global list of top business books in the app store and has remained so till date. Also,I recall seeing the advert of Remita in the newspapers those days of their ‘early beginning’ and kept wondering if their payment solution has a general application but now Remita’s story is different. They are the only revenue collection solution being used by the Federal government. Like Remita of those days, the present realities you are facing are the hurdles you must cross to get to the final stage where your ‘pepper spray’ effectively defeats your attacker; Poverty of applied wealth-creation knowledge.

How Nigerian authored ‘1000+ Business Ideas and Money Sources Directory’, Tops Google’s Global List of Top Business Books

Fri, 06 Oct 2017 03:01:56 +0000

In a rare feat and cheering news to those championing Nigerian government’s campaign on entrepreneurship,a book ‘1000+ Practical Business Ideas and Directory of Money Sources‘ authored by Nigeria’s Sunkanmi Vaughan,was for months,atop the global list of top Business books in the world’s largest mobile app store,Google Playstore, raising hopes for Nigeria’s fledging literary,mobile app and business industries.

A quick search on Google Playstore using the key phrase ‘Top Business Books‘ revealed that the book, ‘1000+ Practical Business Ideas and Directory of Money Sources‘,beat all other business books in this category and all time favorite business books including American author,Napoleon Hill’s ‘Think And Grow Rich’.

A visit to Sunkanmi Vaughan’s Facebook page confirmed that the mobile app of his book,1000+ Practical Business Ideas and Directory of Money Sources’, had maintained this position for months as seen from some of his previous and current Facebook posts of the screenshots of the Google Play store list showing the app as the first book on that list.

The book, available here https://play.google.com/store/apps/details?id=com.sunkanmivaughan.bizdir for free download,allows readers to read the first page of each chapter for free despite its rich business ideas and other information content,was described in the world’s largest mobile app store as the ‘No. 1 Business Opportunity Handbook’.

It is surely living up to the description and reputation as the Nigerian authored business book with greatest number of downloads, with its download, presently between 100K-500K range.

We will keep you posted as we track down the author of this amazing business book for an interview session to share his secret for achieving this feat with us.

You will definitely get the gist first from us.

As seen on viviangist.ng

Before You Hire, Fire Or Get Hired Or Fired!

Thu, 05 Oct 2017 01:37:57 +0000

If you look at the Chris Michel’s 2×2 matrix for hiring, you will be faced with the stark reality of how hiring and firing can be summarized in a simple 2×2 matrix.

Each of the quadrants in this 2×2 matrix is a necessary tool for evaluating those you hire(d) in business.

The good news is that, if you are an employee, you can still move to the top right corner having ;

1. The right attitude to work,

2. Wise use of precious time for acquiring the right knowledge for your tasks,

3. Extreme hard work ethic,

4. Self discipline and

5. Going to bed every night with the strongest conviction that you (insert your name) are responsible for delivering concrete successful results for your organization.

If you are an employer, don’t stop until you get the A+ player into your organization.

When they ask you to stop and take a rest when you are yet to reach this goal, look into their eyes confidently, thank them for the advice and tell them boldly that it’s loser talk.

In the pyramid of life, I believe “the top is not crowded”.

Having that conviction and the passion to reach it, as an employer or employee, is ‘The Game Changer’.

#hireright

The Chinese Version Of The Most Sought After Book ‘1000+ Business Ideas & Money Sources’ Will be Out in Few Days

Thu, 31 Aug 2017 22:47:11 +0000

Due to popular demand internationally, we have decided to extend the most sought after and widely read Business Handbook; ‘1000+ Business Ideas & Money Sources’ to the Asian market.

After months of proper translation with out Chinese partners, the manual will be available on different stores online and offline for the Asian market. This is a dream come true and it’s definitely going to be worth the time for me and my team.

We are still committed to assisting you in growing your business and getting that funds you need.

Thanks for your time.
Sunkanmi Vaughan

Ponzi Scheme Alert: Look before you leap into MMM!!

Thu, 29 Sep 2016 11:20:46 +0000

“MAVRODI MUNDIAL MOVEMENT (MMM) is a community of people providing mutual help to one another meaning you can give financial help when you can and also ask for financial help when you need.

No registration fees nor company account to pay into rather all money is in the personal bank accounts of all members and are transferred member to member when required hence MMM requires honesty from all its participants.

MMM only regulates the process of linking members to give help to one another.

HOW DOES IT WORK:
When you register, you get an online personal office (PO). In your PO you declare your willingness to provide help (PH). The amount you declare begins to grow from the moment you declare to PH. This amount grows to 30% monthly.
In the course of one month, you will be matched with another member to send the money to.

To withdraw you must have actually sent 2000 from your account to another participant linked to you by the system.

After 30days you will request for help and other members will donate same amount you donated but with 30% increase. (for example, if you donate 2000 on the 2nd of July,you will receive 2600 by 2nd August)
The minimum you can start with is 2000 maxi is 2.4million.”

I got home sometime last week and my wife showed me the message broadcast quoted above, introducing a new ‘business idea’ called MAVRODI MUNDIAL MOVEMENT “MMM” scheme to her. I read the message and immediately saw all the signs that this MMM scheme is a Hybrid of Ponzi and High Yield Investment Schemes.How did I know?I will share with you all the signs before you or your loved ones fall victim.

Reading the Zimbabwean newspaper, The Standard edition of 13 August,
I was surprised by the number of people that were duped by the MMM. Mary, a triple M participant who still doesn’t understand the reality that she and other triple M participants have been duped was quoted as saying
“I put my money every week and I earn 30% interest; this has been sustaining me, I have managed to earn money for daily expenses such as diapers and groceries. I started off with $50 and I received $85, with $20 joining bonus. But I don’t leave money in the system for too long. The moment it matures, I take it out.”

Mary said the scheme was good as it allowed one to get 10% whenever they recruited another person.

Mary said there were rumours this year that the scheme was no longer working after the Reserve Bank of Zimbabwe (RBZ) announced it was planning to introduce bond notes, but the information was untrue.

She said at the moment, the system has had many people requesting for money when there were few investors willing to “donate” funds into the scheme.

“The scheme has now announced that all those who are requesting money will get it by September 15 2016 as it was overwhelmed with requests,” she said.

“So other people are now angry that they are failing to withdraw their money but when you join the system on the internet, you will see a notice that says joining is at your own risk.”

By the expiration of the 15 September deadline, the worst happened,Mary and other participants could not get their money and they lost their hard earned dollars!!
Incidentally, there are lots of people like Mary in different countries that have held on to a false hope of high yield in investment and even ignored cautionary warning from their relevant government agencies. For example, in Nigeria, the country’s Securities Exchange Commission(SEC), the regulator of investment schemes, as far back as 30 August, warned Nigerians against ‘investing’ their money in MMM, but this warning remain largely ignored and many are still joining at the promise of high yield returns despite the horrible experience of Zimbabweans. Why would people still fall into the trap of this age long financial trick? It is simple: Greed and ignorance.Greed I may not be able to stop but this post can quench their ignorance.

What is Ponzi Scheme?

This is a fraudulent “high yield investment” which promises exorbitant returns with little to no risk.The investments of later investors are used to pay earlier investors, giving the impression that the investments of the initial investors astronomically increase in value in a short period of time. The crooks at MMM promised “No registration fees nor company account to pay into rather all money is in the personal bank accounts of all members ” and a guaranteed return of investment “anytime you contribute,you get 30% interest and earn extra 10% whenever you successfully recruit another person”.

Is Ponzi Scheme new? No. A Ponzi scheme once was called a “bubble,” but it was renamed in 1920 after Charles Ponzi and his United States Boston-based company had collected almost $10 million from ten thousand investors by selling promissory notes that claimed to pay 50 percent profit in forty-five days. When the scheme was exposed, a Boston bank collapsed, and investors lost most of their money.

What character of people are behind Ponzi Schemes? Fraudsters.These crooks use ponzi schemes, pyramid schemes, and offshore investment scams to enrich themselves and defraud investors. In the past, it’s usually difficult to identify the main person at the top of the pyramid but in this age of internet, you can do your personal investigation before you fall victim. For example,a quick search about the proprietor of MMM revealed the identity as Sergey Mavrodi.

Who is Sergey Mavrodi,the owner of MMM ?
According to The Independent UK in its report titled: MMM Global: Russian ‘Ponzi scheme’ from 1990s reborn and now ‘spreading like wildfire’ in Africa, the MMM Ponzi scheme was established by former Russian politician, Sergey Mavrodi, who went on the run when the original MMM, standing for Mavrodi Mondial Moneybox, “collapsed in the late 1990s, losing investors an estimated $100m.”

It reports that, “On its website, MMM Global unashamedly advertises itself as a scheme whereby new members ‘assist’ older members by paying a fee to join. Older members are allowed to withdraw money after a certain period of time, and receive bonuses for encouraging others to sign up.

“Mavrodi himself is reported to have gone into hiding after a separate entity designed to reward investors with the cryptocurrency bitcoin – dubbed the ‘Republic of Bitcoin’ – folded in April this year.”

What are the signs of Ponzi Schemes and High-Yield Offshore Investments?
Just look out for the following signs.
If it’s a Ponzi scheme,
the Signs are:

1. The investment returns are abnormally high or unusually consistent.
That much was confirmed by Mary before she eventually lost her investment.

2. The scheme makes bogus impossible claims and guarantees like “double your money back” in 6 months or less when in actual real business settings, astronomical returns of 200% or higher is never promised. Typical of ponzi schemes, MMM guaranteed 30% interest in a month and extra 10% for every new member recruited by you so in less than 6months, you are guaranteed ‘double, triple or even quadruple your investment’a trait you could find extremely difficult to resist.

3. The scheme promises more returns if you make higher investment with a tenor of not less than a week or month and when it’s time to withdraw, the scheme makes it difficult for you to withdraw your money, claiming that funds are frozen.
In Zimbabwe, the scheme announced its freezing of payment because people were no longer ‘donating ‘ and that all those who are requesting money had to wait until September 15 2016 as it was overwhelmed with requests. By the deadline, these crooks had gone leaving no trace!
Confirming that these crooks use ponzi schemes, pyramid schemes, and offshore investment scams to enrich themselves ,defraud investors and bolt away like Sergey Mavrodi did in the late 1990s before reappearing again to later disappear.

And if it’s a High-Yield Offshore Investment, the signs are similar only that in this scheme,the institution promises high interest rates on financial products such as Certificates of Deposit and bank accounts that pay 30% interest.
The financial institution will claim that the investment is free from taxes in all countries and financial markets then finally, they inform you that the investment is risk-free.

Has anyone ever tried to get you to invest in a financial scheme that have these signs ? If so, when did you realize that it’s a scam? Let’s share our experiences to help other people not make the same mistakes.
For now, I caution that you look before you leap into MMM

Below is the video advertising MMM, viewer’s discretion is advised once again.