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Have Your Own Online Business With Less Than N20,000!

There are so many successful online businesses in Nigeria today. In this post, we will show you just how easy it is to start a small online business in Nigeria with less than N20,000 and smile to the bank every day!

And if you subscribe to our “Building Successful Online Business” newsletter, you will get our “online business ideas for beginners” for free. You will equally get our list of top ten online businesses that you can start from home in 2019 and even beyond.

how to start an online business in nigeria

Myths About Starting An Online Business

Before we discuss how to start an online business, let us consider some myths that a lot of persons have in relation to having an online business in Nigeria.

Myth #1: You need millions to start

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Among the many misconceptions that Nigerians have with respect to having a business on the internet is that you need a carton full of money in order to start an online business in Nigeria. Is that how you feel about starting an online business too?

If that is true, then you are wrong!

What if I tell you that you can start an online business in Nigeria and publish it on the worldwide web with less than N20,000? Surprised? Well, you shouldn’t be.

Myth #2: I do not need an online business to succeed

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This is perhaps the commonest myth among Nigerians today. The mindset of a lot of people in Nigeria is that you need to get hold of some amount of money, rent a shop, employ one or two office staff, stock the shop, draw a chair and wait for customers to come to them.

Is that how you feel too? Who told you that you do not need an online business in order to be successful at what you do. Bill Gates, the co-founder of Microsoft Corporation, puts it this way:

“If your business is not on the internet, you will soon go out of business!”

Another category of Nigerians believe that the only way for them to make money in Nigeria is to look for a well-paying job in the bank, oil and gas sector, or telecomms industry. These ones have the “9 to 5” mentality and believe the only way they can make it in life and be successful is to work for someone.

Read Also: How I Became A Wildly Successful Problogger And How You Can Do The Same Too! 

Either way, one mindset is just as bad as the other. So, if your mindset is that you do not need an online business to be successful offline, then it is time for you to change.

There are so many benefits in having an online business that it will do you a lot of good to start one without delay. And if you already have an existing offline business, that is the more reason for you to have an online business.

For irrefutable arguments and iron-clad reasons why you should start an online business today, please see the following web page:7 Strong Reasons Why You Should Start An Online Business Today!

So, how do you start an online business with less than N20,000? That is what we shall consider next.

How to Start an Online Business

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Online Business Requirement #1: Site Concept

The starting point of having an online business is to have a site concept or idea around which your website will be built. An ongoing business that is already well-known offline can continue with its business concept by simply shifting its focus to having online presence.

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If this is the case with you, the site concept of your online business can be built around the operational activities of your offline business.

Online Business Requirement #2: Domain Name

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After you have established what your site concept will be, the next thing to do is to have a domain name. If you are unsure of what domain name to use for your online business, you can use the domain name suggestion tool of
TheNigeriaHost.

Nevertheless, whichever domain name you eventually settle for, it is very important that you weave in your site concept around your domain name. For instance, if your site concept is fish farming and your target audience is Nigerians, then you may decide to use nigeriafishfarmingguide (.com or .net extension) as your domain name.

What does it cost to get your domain name registered in Nigeria? .com or .net is N4,000, while .com.ng is N2,000. But, if you need .ng, it will cost you N14,000.

Online Business Requirement #3: Hosting Plan

All the web hosting packages at TheNigeriaHost are inclusive of domain name registration cost. Hence, if you opt for a personal hosting plan of N6,500 per annum or a business hosting plan of N9,000 per annum, you will not pay any extra money for domain name registration.

The various web hosting plans are: Personal – N6,500, Business – N9,000, Advanced – N17,000 and Corporate – N35,000.

The ideal web hosting plan for any really small business is the Business Plan. The cost is just N9,000 and it comes with a free domain name registration, like every other web hosting plan at TheNigeriaHost. As low as that? Yes, as low as that.

You might be thinking that there are hidden charges. But, you are wrong. ALL THAT YOU PAY IS N9,000 and you get the following great features:

  • a free domain name registration (Free .com, .net, .com.ng)
  • 5GB Disk Space. 20GB  Bandwidth
  • 100 email accounts
  • 30 Subdomains
  • 10 MySQL Databases
  • 20 FTP Accounts
  • cPanel (the best control panel in the world)
  • PHP 5.5, 5.6 & 7
  • Instant WordPress
  • 1-click Joomla
  • 1-click Drupal
  • 1-click Softaculous
  • Free SEO Tools

Best of all, you also get a free e-book starter guide titled: HOW TO BUILD YOUR FIRST WEBSITE AND UPLOAD IT ONLINE IN LESS THAN 6 HOURS! too.

Thereafter, you will need to choose a template, design and build your website for your online business to become available on the internet. But, if you do not know how to design a website, you can get your complete website designed for you at TheNigeriaHost for just N10,000.

Hence, with less than N20,000, you will be able to start your online business from home as quickly as possible. And that’s because you are getting your domain name registered and hosted on their standard world-class international servers. It will cost you more, however, if you have registered and hosted your domain elsewhere.

Build A Successful Online Business TODAY!

how to start online business from home

You can see that building a successful online business is not a myth. So many hardworking Nigerians already have successful online businesses which they operate on the internet. It all starts with choosing the right web host to register and host your domain.


Also, once you have your domain name registered and you have ordered your business web hosting plan at TheNigeriaHost, you are now faced with a new challenge. It is the challenge of building a profitable and hugely successful online business.

To tell you the truth, this is no mean challenge at all.

However, the good folks at TheNigeriaHost can help in this regard. They have all the necessary tools and resources to provide you with the requisite assistance that you need to build a profitable and hugely successful online business as quickly as possible.

One of such tools is their 14-day mini course titled Building A Successful Online Business Digest.

As someone who is greatly interested in building, maintaining and promoting your own website, a subscription to TheNigeriaHost’s 14-day mini course e-Business Success newsletter is the first step for you to start your online business on the right and sure footing.

You will not only keep informed about the tools you need to get the job done, you will also receive their undivided mentorship and guidance on building a successful online business through all the communication channels available.

How to register for the e-Business Success newsletter?

You are automatically included in TheNigeriaHost’s Building A Successful Online Business Digest when you order a web hosting plan here. However, you can unsubscribe from the newsletter at anytime that you wish to do so.

Read More: Successful Online Businesses Made Easy! Package

Bottom Line

Indeed, you do not need a carton full of money in order to start an online business in Nigeria. You can start an online business in Nigeria with less than N20,000!

So, are you ready to start your own online business today? If so, click here to get started now.

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About Kome Itoje

Kome Itoje is an internet marketer with over a decade practical experience in the online business field. Some of his websites include this website, TheNigeriaHost.com, Komebiz.com, FiverrBlueprint.net, ImportersBible.com, GlobalDomains.com.ng, KomeItoje.com, amongst others.

View all posts by Kome Itoje →

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