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150 Low Capital Based Business For The Youth – Part 2 – associated with this are; untapped business in Nigeria, small scale business ideas in Africa, lucrative business ideas in Nigeria, lucrative business in Nigeria with small capital, thriving businesses in Nigeria, hot business ideas in Nigeria, home business ideas in Nigeria, lucrative small scale business in Nigeria. Read through this 150 Low Capital Based Business For The Youth – Part 2.
If you have been following us, do remember that in the part one of this article, 150 low capital based  businesses for the youth – part 2, we had discussed certain business ideas that require low capital to start by the youth . Our aim is to make you a rich  youth, a bread winner, capable of  supporting  your family, this year.


Remember too that the cardinal points we are addressing are:

– How to Make more money,
– How to support families,
– And, then, how not to be idle,
– How to make investments,
– How not to see capital as a barrier to investment,
We also considered some of these wise comments/quotes:
“Opportunities don’t happen, you create them.” Chris Grosser


.“Take up one idea. Make that one idea your life–think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.” –Swami Vivekananda


“All our dreams can come true if we have the courage to pursue them.” –Walt Disney


To continue our discussion, on  150 low capital based  businesses for the youth – part 2 below are a whole lot of business ideas that you can start- whether you are an unemployed youth or one who is employed but still looking for a part time job to start on, with little capital. Make your choices out of the following 50 profit assured, highly thriving and profitable business ideas that a teenager/youth  who is serious about making money from business should consider choosing from:


READ ALSO: 150 Low Capital Based Business for Men



Music, Movies, Computer Games and Apps Download Centre.


If you are looking for an easy to setup business to establish, a business that wouldn’t affect your studies and social life as a teenager, then one of your options is to open a centre where people can pay to download music, movies, computer games, and apps. Basically what is needed to start this type of business is a laptop and the willingness to work It is a business that can be successfully launched with very minimal start – capital.


This type of business if well managed will not in any way affect your studies and you can actually run this type of business without renting a shop.

Virtual Assistance
Becoming a virtual assistance is another means a teenager can generate income from. There are several busy business people or organizations that are willing to hire and pay virtual assistants to help to handle some of their job responsibilities. If you know you have marketable skill sets, then you can earn good money as a virtual assistant.


As a virtual assistant you can handle various job roles for loads of clients from the internet. You can handle roles such as responding to emails, online marketing, products listings, webpage editing/ updating, blogger outreaches research and report writings et al.


No doubt blogging is open to all and sundry, as long as you have useful, educative or entertaining contents to share. The actuality of it all   is that blogging is all about creating usefully and perhaps educative content for a targeted audience on the internet.


 As a teenager if you think that you have good knowledge on a particular subject, you can make money by sharing your knowledge to a wide range of audience via your blog.

This is how making money from blog works; if you have good contents on your blog, loads of people (human traffic) will visit your blog. The larger the traffic that visits your blog, the more money you will make. If your blog attracts huge traffic, you can attract adverts from top corporate organization.


You can also earn money from your blog via AdSense, by offering subscription services to members and also selling your products via your blog.

App Development Company
It is common to see teenagers who have mastered computer programming and can successfully build useful software and apps for computers, pads, tablets and smartphones. So, if know you are skilled at developing apps, then you can make good money by developing apps.


Even if you are not skilled at developing apps, it is a skill you can acquire within a short period of time especially if you are willing to learn. There are loads of apps that are being sold on apps stores and there is still need for more apps. If you can come up with a unique app, you will be amazed at the amount you can generate from selling the app.


If on the other hand you feel this is something that you might be interested in doing, then you may want to consider going to a school where you can be trained in this regard.


READ ALSO: 150 Low Capital Based Business for Women 

Become a Social Media Manager
As a teenager, if you have enough time at your disposal and you have good understanding of various social media platforms, then you can start making money by managing social media handles for several busy business executives, politicians, government officials, pastors, celebrities and public figures.
Of course you must display some level of professionalism and expertise before you can be hired to manage social media pages (Facebook pages, Google+, and YouTube et al) and social media handles (Twitter, and Instagram et al) for people, but the truth remains that you can make pretty cool cash from this type of online business as a college student. But you must be ready to strike a balance between your studies and this business because it can take the bulk of your time.



Offer Web Designing Services
Web designing services is yet another highly thriving and profitable business that a teenager who is interested in making money can successfully start. Statistics has it that there are well over 350 million active websites on the internet and it is not enough to meet the demand of people visiting the internet frequently There are still pretty much to learn from the internet hence people are opening new websites on a regular basis.
If you know how to design website, you should not restrict the marketing of your website design services to people you can see and visit within your location. There is a large market within the online community waiting to be tapped. All you need to do is to list your services online and if you are good, you will attract clients from all over the world. Please note that this type of business is demanding and time consuming hence you might want to actively engage in website designing during your holiday periods
Start Your Own Social Networking Site
The now famous Mark Zuckerberg the founder of Facebook started Facebook in 2004 as a 19 year old lad; so, there is nothing stopping you from launching your own social networking website as a teenager. The fact that there are several big time networking websites does not in any way stop you from starting your own social networking site.
It may take time before you start making money from the site, but with diligence, dedication and hard work, you will sure start generating income from it. Part of what you need to do is to choose a niche or concentrate on a target audience that can make it easier for you to attract people to you social networking site. For example you can start a social networking site to connect teenagers in your country or teenagers  that share same faith et al. Utilize the opportunities this 150 low capital based  businesses for the youth – part 2 offers




Offer Graphics Services
Graphics designing is yet another business that a teenager can successfully launch even as a student. Graphics designing skill is a skill that any serious minded teenager can easily acquire with his or her spare time. There are loads of people out there who are looking for graphic artist to contract their graphics jobs to. You just have to be proactive and aggressive in marketing your services. One good thing about offering graphics services is that you can sign a long term business deal with just one clients especially if you are good at what you do.
Repair of Computers and Mobile Phones
If you are serious about making money as a teenager, then you should be willing to go all the way to acquire skills that can help you generate income during your holidays. One of the skills that you should be looking towards acquiring is technical skills; especially in the areas of computers and mobile phones repairs. If you have this skill, you can go into the repair of computers and mobile phones. It is a highly thriving and profitable business venture that you can successfully operate from a small shop or from your apartment.
ICT One – Stop – Shop
There re loads of tech inclined teenagers who re active in Silicon Valley; it goes to show that teenagers are highly compatible with technological advancement and innovation. So, if you ar interested in the IT world as a teenager, one of the businesses you can start is to open an ICT one stop shop.


An ICT one – stop – shop is a place where people purchase their ICT gadgets, download stuffs, buy computers and mobile phones, smartphones, computer accessories, mobile phones accessories repair their computers, mobile phones, cameras and other I.T. gadgets.

The truth is that if your ICT shop is indeed a one stop shop, then you will always smile to the bank because you are sure going to attract loads of clients per day especially if your shop is centrally located in a busy city.


Please note that this type of business is capital intensive so ensure that you make plans to generate start – up capital if you want to launch this type of business. For your start-up processes you may need a business coach , business plan, business registration etc, which we can do for you. Do well to contact us if you are in need of such services.
Sale of Call Cards and Data Bundles
Selling of call cards and data for different network provider is another easy to start business that a teenager can successfully start in his or her neighbourhood. Aside from people that subscribe to post – paid packages for their mobile phones / GSM, most people (pre-paid customers) buy call cards and data on a regular basis.



Depending on the country you reside, there are several telecommunications companies that you can deal in their call cards and data bundles. Selling call cards and data bundles is a simple, easy to establish retail business that will not affect your studies as teenager especially if your know how to manage your time. As a matter of fact, this type of business can thrive in any location as long as there are people who make use of mobile telecommunication and the internet.
Start an Online Gaming Centre
Starting an online gaming centre is yet another thriving and profitable business that a teenager can successfully launch. Game lovers all over the world visit gaming sites to register and play various games of their choice. So if you re looking towards making money from the internet, one of the ways you can make money is by starting your own online gaming business; a website where various games can be played by game lovers at an affordable fee.
Buying and Sell On eBay
Buying and selling happens to be one of the easiest means of making money and one of the biggest online platforms that you can leverage on to make money buying and selling stuffs is eBay. EBay is an internet platform that you can sell your stuffs on. All you need to do is to sign up for their services, play by their rules in listing selling your products and be extra careful when dealing with your clients.


As a youth, you can successfully start this type of business with little cash.  In test – running this type of business, you can start by buying and selling used books that are highly marketable. What is more, be sure that you are over eighteen years of age before you delve into this trade.
Forex Trading
Forex trading is perhaps one of the technical and money spinning businesses that a teenager can start especially if they have relevant trainings and exposure to currencies trading. Trading currencies online could be a risky venture but it is indeed a very rewarding online business that is open to all and sundry especially if you have what it takes to engage is such a sensitive business venture.


If you have good analytic skills and you have sound knowledge on cash flow and the exchange market, you can do well as a forex trader. You can Google forex trading platforms and tutorials to learn how to become a professional forex trader.

Freelance Writing Jobs
Freelance writing is yet another easy to launch business that a teenager can successfully. So, if you are a skilled and a creative writer and you have enough time at your disposal, then you can earn good income from freelance writing business. There are loads of websites you can secure high paying writing jobs from. Some of the sites where you can bid for freelance writing jobs are,, and et al. From these sites you can get writing jobs that can comfortably pay your bills while you are still schooling.



Editing and Proof Reading Business
Editing and proof reading is yet another easy to start business that a teenager can start during holidays. If you have a good grasp on writing error free English language, then you can start this business. It requires little or no start – up capital to launch this type of business. The nature of this type of business makes it easier to work from home and for clients who are thousands of kilometres away from your country.
If you are a good editor and you have eyes for details, then you should consider visiting,,, and tons of more freelance work sites to enrol and become a member. From such platforms, you can get high paying editing and proof reading jobs.
Start a Book Club
If you are looking towards starting a business as a teenager, a business that will not in any way affect your studies and as a matter of fact a business that will serve as a booster towards your education goals, then you should consider starting a book club.
As a matter of fact, you can conveniently combine a book club with your schooling. Book clubs is basically all about a group of people coming together to discuss a book or books that they have read or the books they are currently reading. It is cheaper to start and to run a book club, but you have to be creative if you want to make money out of your book club.
Aside from the membership fee you will collect from people who want to join your book club, it is important that you design strategies on how to generate income from members of your book club and from other related areas. If you want to make money from your book club, then you should consider starting a sales book club. With a sales book club, you will be able to sell books at a discount prices to your members nd of course your members will be the first set of people to get newly released books from your stable.



Home Tutor Services
Another easy to start, and profitable business that a teenager can successfully launch ,a business that requires little or no start – up capital is home tutors services. A teenager can conveniently start home tutor services during his or her holidays, particularly if he or she has flair for teaching and imparting knowledge. Parents engage teachers to teach their children at home hence there is need for the services of teachers.


So, if you are good at teaching, then you should consider starting home tutor services during your holidays. You don’t necessarily need to teach high school students, you can start with elementary school kids in your neighbourhood.

Sell eBooks
Selling eBooks from various authors or books that you authored is another easy means a teenager can earn extra income. If you are good at writing books, there are countless numbers of subjects that you can write about and of course there will be ready market for such subject.


One of the easiest ways to generate monies from selling eBooks is to start writing self – help books or books on ‘How To’. For example, if you are good with graphics, you can write a book on ‘How to create your own logo’ there are loads of people out there that will be willing to pay for such book especially if they are affordable and easy to download.



We advocate that for every business that requires a million Naira and above a business plan and feasibility study is necessary. In some instances, you’ill also be needed to register the business to facilitate official communications, which promotes business.  Always visit this website for your business information. We shall continue in this discussion in our next episode.

On 150 LOW CAPITAL BASED  BUSINESSES FOR THE YOUTH – Part 2 Completefmc provides essential corporate Legal support business services in Nigeria. By this we provide you all business legal documentations to enable you do your business seamlessly in Nigeria. Visit our website today or Mail us at to get in touch with us!


Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.

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