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Showing posts from July, 2017

Introducing Nano Start-up Business

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Introducing Nano Startup Business  What is a Nano Start-up Business (NSB)? A Nano Startup Business is a One Person business mostly operated online (But can be offline too) and operate in the informal Sector of the economy. This is smaller in comprising to Micro Startup  They are characterized by: #     Low Budget ($100<) #     Low income (between 00-000 dollars income) # Mostly No Physical Location # Funded by Personal Savings, Friend & Family Support, etc #      Zero Taxes # Payment into owners personal account # Unofficial operated # Black economy # Operated Solo Examples of Business that operates as Nano Startup Businesses (NSB) This is a non-exhaustive list of business common in the NSB domain: # Freelancing (Web Designing, Web Developers, Writers, etc) # Blogging # Supplies (Construction Suppliers, Hotel Utility Supplies, etc) # Quick Services (Home Delivery Services, Home Cleaning, etc) # Bulk SMS Service provider # E

Birth and Death of Bulk SMS Business in Nigeria

Birth and Death of Bulk SMS Business in Nigeria Bulk SMS business experience its birth in 2012, and experience it diminishing return in 2015-16, a lot of factors contributed to the birth and death of the business which nobody can blame anybody for it. This should serves as a learning point for anybody who wishes to go into any online business most especially any business promoted beyond the value. I believe Nigerian are smart set of people who always jump on the bandwagon of opportunities from whatever and wherever it is being presented to us. but we should also be cautious of jumping into bad businesses and investment opportunity or too good to be good opportunity. My experience learn from all years of developing various SMS solution has helped forged my new business model for a bulk SMS business and led to the creation of my own SMS solution meant for Personal and Business SMS needs at https://www.sms2profit.com I launched this simple website ( https://www.sms2profit.com ) i