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How To Make Your First Million Naira

Caleb Ihuarulam
By Caleb Ihuarulam
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5 min read
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An event can happen that reminds you of the need to improve your financial state. When it happens, it’s likely you will have woken from a financial slumber, and looking for the next steps to create wealth. If that is you, welcome to this blog post. 

If you are a Nigerian living in Nigeria, there are many factors that hinder wealth creation. However, you want to avoid these factors so that you don’t mortgage your financial future to them. Now that you have decided to step up for yourself, How do you put yourself on a path to financial freedom? 

One of the easiest ways to set yourself up for financial freedom is to learn one of the numerous online skills available. Which should you start from? Here’s a list. 

Trading Cryptocurrency 

Yes,  crypto can make you a millionaire. Despite the fact that the cryptocurrency sector is still in its infancy, it has a lot of room for expansion. You may profit from cryptocurrencies by investing in popular tokens such as Ethereum, Litecoin, Binance Coin, and Bitcoin Cash, as well as crypto-buying platforms such as Binance and Coinbase. These services provide a diverse range of cryptocurrency investment opportunities.

Some crypto traders have become multi-millionaires as a result of prudent crypto investments. However, the vast number of people who have lost a significant amount of money trying to get rich through bitcoin investment receives far less attention.

Investing in cryptocurrency may not be a wise choice unless you have a high-risk tolerance. There are risk-mitigation tactics that nevertheless offer a lot of upsides for individuals who are willing to take on a lot of risk in order to reap the benefits of a significant investment. 

Software Development 

Learning how to design different types of applications is a smart method to make money online. Yes, by 2022, practically every organization and individual will be required to have an online presence, either a website or a mobile app; in some circumstances, both are required.

So while knowing how to design mobile applications is important and profitable, many individuals are unsure where to begin. Many people assume that learning how to develop mobile apps is stressful and requires more coding (writing a lot of programming languages to develop an application).

But the reality is that modern technologies have changed a lot of things, and the days of learning to code to design a mobile application are long gone. There are now no-code developers (No-code development is a style of web development that allows non-programmers and programmers to create applications without writing code by utilizing a graphical user interface). Those who do these are referred to as no-code developers. There are numerous platforms like service now and Airtable that help you build applications without writing codes. You can exploit the opportunity this skill provides to become financially free.

 

Digital Marketing

In 2022, digital marketing will be required for every business, creative, and startup. Most businesses can't compete if they don't have social media handles, a website or an app. Every company should have an online presence.

Prior to the twenty-first century, advertisements were broadcast on television and radio. However, people are increasingly turning to Facebook, Instagram, and other social media platforms since they allow us to reach our target demographic at a minimal cost. Many companies employ different types of marketers, including content creators, meme marketers, email marketers, social media marketers, and so on. You can pick a single niche and make millions from it. This talent will teach you how to sell.

Graphic Design

Every company requires a graphic designer to create a logo, an app, a website, and other materials.

Graphic designers create images that help to foster a great user experience. Graphic designers create social media posts that act as an important part of marketing. After learning graphic design, you can create a Behance portfolio and dribble. Graphic designers will benefit from learning Adobe XD, Figma, and Canva as it improves the tools they can use as well as their professionalism.

You can pick up a graphic design skill when you take our graphic design course from our website here.

Video Editing and Videography

Increasingly, video content is becoming more popular. Every business, even startups, is gravitating toward video platforms such as YouTube, TikTok, and others. YouTube has a user base of 2 billion people. This skill is in high demand, and it's getting more so every day. As a result, it can be a useful talent to learn.

Begin with making advertisements, or any other type of video. Create a portfolio, which can include a website, Instagram account, and LinkedIn account. Learn how to use video editing tools and transitions, among other things.

Every video producer needs the use of a video editor. Learning video editing alongside videography can make you apart and make it easier for you to get jobs. After you have worked for a while, you can create an agency, make short films, and do other things. 

You can also sign up for our video creation masterclass here.

 

Conclusion

With dedication, hard labour, and smart work, you can achieve financial freedom. Choose any skill and devote months to mastering it and learning everything there is to know about it. Take risks and don't be afraid to fail. Failure is inevitable, but you must mentally prepare for it. We wish you financial independence as soon as possible. 

What effort are you making to be financially free? 


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