5 Things To Do After NYSC to Be Independent Financially
After graduating from University , The next thing that comes to mind is making money to earn a living. Getting a job in Nigeria is very difficult, hence GoldenNewsNg has put together some ideas to be financially independent without working 9 to 5.
What can you do to avoid depending on your parents, friends, and families after NYSC? How can you make a living after leaving service while you’re yet to get the desired job?
I will answer these questions from my experiences. And if you had read my post, “4 Unique Profitable Businesses (Ideas) To Start After NYSC (With Little or No Capital)”, half of the answers to the question above had been covered there.
But not all of us want to go into business. Some people even believe it’s never their call to buy and sell commodities or provide some sort of service. This is why I’ll widen things in this post.
Making any of the decisions below will help you achieve independence after your NYSC year.
1. Teaching Jobs
Even if you have some viable business ideas, you may still be limited by the required capital. But some people had made their own establishments ready, where you can work in the meantime. However, searching for jobs (or getting a befitting one for that matter) is not an easy task in Nigeria. I don’t need to remind you of what it takes to be called for a bank test or interview here.
Teaching is the most open field requiring the services of qualified teachers and graduates who can convince proprietors and management of their teaching abilities and class methodologies.
Why don’t you approach a few schools in your town and see how they can favor your wallet? It’s, in fact, easy or possible to bargain for part-time teaching in a couple of schools, so that you’re not tied to a salary scale. Rather, you have the flexibility for other things while you earn from two or three schools.
And if you can start your own project, running an extra moral lesson for JAMB and SSCE candidates pays well. This though will require more attention, time, and finance.
I wasted lots of my time and money trying to make money online from the start. The belief that you could just launch a web browser and start to be cashing out was (and is still) common in Nigeria. If you’re carrying the same thought, don’t join us.
The Internet can be full of opportunities to make legitimate MONEY but it’s not going to make you rich in a few months or years. It can sustain you to start with. It takes time, discipline, knowledge, and dedication.
If you can write to educate people, try blogging. If you just want to share some posts and make money from the sales made through such testimonies and recommendations, try affiliate marketing e.g Jumia or Konga Affiliate. If you want to read the news, do some comments, and make some decent money from referring others, try searching for a few online opportunities. But be careful!
3. Event Management Services
This is hot till today. People want to do birthdays and they need cakes. A wedding ceremony needs an organizer and MC. Funeral ceremonies need event managers and manageresses forever. Makeup artists everywhere. After all, people want to look better. You should know these are trending now!
These are what you can learn within a few weeks – in fact, at three-day seminars or workshops. Go out to learn at a local shop if available.
All you need to get handy are your complimentary or business cards. Give them to people and they will pay you when they need your services. Don’t learn just anywhere, find a place where you will learn more than enough. You will need this as competition will later separate boys from men.
4. Local Real Estate Agency
Do you know you don’t need a physical office to start a housing/shops rent agency service in your town? All you need is your residence. Get your complimentary cards handy and talk to a few friends, families, and community leaders about your project.
People will forever have shops to let, houses that need rent, vacant land, etc. Then, make yourself their go-to when they need these services. Earning commissions on such bargains can pay you big.
And in all, you practically have no materials to buy, rent to pay, or somebody to report to.
5. Internship Opportunities
The first challenge with graduates taking internship opportunities is the stipends attached. It’s true that internships in companies won’t pay you much like your counterparts working with another company or the same company on a full-time agreement. Yet, half a loaf is better than none.
If you dedicate a few months after NYSC to searching for such offers, it pays off in the long run. In fact, while searching for interns, you can walk up to any company and her HR manager to show your to work with the company on an internship basis. Be clear that you won’t mind being paid a stipend instead.
These companies need staff but they don’t have money to pay, or better said, they don’t have the budget. If you won’t go for such a belittled offer, what assurance do you have that you won’t be jobless for the next 5 years? Those who are still unemployed today once turned their backs to such opportunities.
A friend used this approach and got a Personal Assistant offer where he was paid a few bucks per month. From there, he got a better offer from another company. The new company employed him on a full-time basis because he’d had a year of working experience in the same industry. You see?
If you can’t start here. it’s likely you’re not going to start anywhere sooner. Why? Most of the jobs you’re chasing require working experience. You must have seen that in several job adverts (1 year, 2 years, 3 years, etc). How can you provide this since you’ve not started anywhere?
6. Network Marketing
The way I see the likes of GNLD, Edmark, etc. is like running a business that someone had already started for you. You run the business and pay back the person that started it. Then, pocket the rest of the income.
You see, network marketing has been before you know and it will be in existence for life. This program has stood the test of time. So, it is a go-to if you don’t have the capital but the time and energy to start something.
With network marketing, you don’t need to start a pharmaceutical shop. Those companies have done that. All you need to do is help them sell their products and pocket your commissions on the sales. Along the way, you pick a few friends and families who want to benefit from the same program. Then, you earn through that as well. This could be called a referral bonus.
What I love most about this is, you only work hard from the beginning and at a time, you continually earn your passive income with little or no effort.
I’ve seen graduates, civil servants, housewives, and retirees who didn’t have any physical offices/shops and are selling products within their sitting rooms.
The most interesting thing is that these supplements work really well. Once people know this, and they need it, they will look for you. Don’t believe you will have to hawk around the town to make some sales. You may do that for the first few weeks, but when the time comes, momentum will set in and people will look for you instead.
7. Small Scale Education Consulting
This is practically what I eventually went for after years of waiting for jobs and trying a series of other things.
Education Consulting in its small-scale size sees to the affairs of parents, teachers, and students. Your job as a consultant is to advise, register, and walk these people through to succeed in their educational chases.
You will provide a series of services such as online registrations, printing, assistance (as allowed by the laws and regulatory bodies), etc.
I’d written a dedicated post on starting, running, and managing an education consulting firm. It may be the best article you’ve ever read about this topic. This is because it doesn’t only give you insights into how I’d personally started and managed mine but also assures you that it’s nothing difficult as you might be thinking.