After our experience during the Pandemic era, it’s safe to say that running an online business is the go-to option if you want to make a sustainable source of income. Also, the fact that you need relatively minimal resources to launch and run an online business is more reason why you’ll want to seriously consider it going forward.
To that effect, in this article, we will be exploring 20 online businesses that pay daily. If you’re a budding entrepreneur looking to venture into a legit online business that can put money in your pocket every day, you’ll want to continue reading.
Top 20 Online Businesses that Pay Daily in Nigeria
Running an online business that pays daily is not a walk in the park. The idea that you want to get something that pays daily means you may also need to work daily and make some personal committment, at least for the first stage of the business, before you can automate and/or outsource some processes.
We’ve put together, 20 strong business ideas that you can explore and eventually choose the one you think can work for you.
The most important thing about these businesses is that you’re able to count your profits daily. Even though spending your profits as they come is not advised, having them come around daily can be a big motivator to keep you going.
1. Start Online Survey Services
It may not be too trendy, but paid online surveys are a great way to get paid daily – now imagine if you take this as your standard business model. These survey sites pay quickly, and the best part is that your only investment is time to complete the survey and money spent on internet connection.
To use this as your business model, you’ll want to sign up for as many platforms as possible and create a standard and detailed profile that can get you frequent survey invitations. When an invitation is received, you’ll want to submit your response as soon as possible because other candidates are eyeing your spot with the survey platform.
The downside to this online business, however, is that you’re totally at the mercy of the survey company, and also, the number of eligible countries that can participate on some platform is very limited. Lastly, there’s the issue of withdrawal threshold which becomes a real problem if you don’t get consistent tasks.
2. Start a Dropshipping Business
Dropshipping is one business model that’ll forever be useful to budding entrepreneurs looking to earn daily. Just like most businesses you’ll see on this list; your first investment only needs to be your time and internet connection.
If you don’t already know how dropshipping works, you may need to do some research. It involves getting pictures of a list of items from a standard vendor/supplier, then reselling it as if you had them in a warehouse that you own.
The downside to running this business is that you really need to have an eye for uncommon products that potential clients can’t just get from any walk-in store. Also, if you don’t deal on niche products, it can become extremely difficult to keep track of what you offer, and more importantly, what’s currently relevant to promote more to your client base.
3. Start Freelancing
It might interest you to know that freelancers are among one of the top earners in the world. You just have to be really good at what you do, and getting gigs will be like a walk in the park. The first challenge you may face is picking a freelance niche. However, once that is done and you get proper training anything else will pretty much be history.
Whether you decide to choose from web and graphics design, or content and copy writing, you can further decide to niche down to a gain specialty allowing you to offer your services to only the best in your niche.
Your major challenge revolves around the level of competition you may face while using freelance platforms when you’re just starting. More so, you need to think about the fact that this online business doesn’t necessarily pay daily especially if you don’t lock in a lot of clients.
4. Teach a Course
This kind of online business is only feasible when you have proper monetizable knowledge about something. You can teach a variety of lessons; from culinary skills to simple household DIYs, and even go advance to offering professional tech-related courses.
Usually, if you’re smart and possess a physical or technical skill, that can easily be your monetizable knowledge. However, if you have none of these, you may want to look for another business as the time it’ll take you to learn one and start teaching it is too long to wait.
5. Play Online Games
If you’re good with some skill-based games, you may as well just start making daily income from them. Only games are an easy way to earn extra money online, if you’re good at skill-based games like bingo, solitaire, and monopoly, you may want to try it on some platforms like Freecash where money gets to be involved. The only blemish it can quickly deteriorate into gambling if you don’t know how to play or if it becomes addictive.
6. Become a Virtual Assistant
Although a lot of virtual assistant jobs are currently being overrun by AI assistants, there are still some companies that have certain tasks that can’t be automated. Some actually have a large overhead such that complete exposure to an AI is what they’re not prepared for, as such, they still need your services.
If you’ve worked as a normal assistant or secretary before, this job should not cause much of a hassle; the tasks you’re to perform are not very different. Now if you have no prior experience, you may need to complete a VA course so that potential employees can take you seriously.
7. Start Writing and Publishing Books
Admittedly becoming an author isn’t easy, it takes a lot of time and dedication to achieve the feat. However, if you’re able to pull through, it’s definitely worth it as your profit margins are pretty much unlimited.
First, if you don’t already have it, you’ll want to develop your writing skill, and of course, think of something worth writing. It can range from self-development books, novels, comprehensive tutorials, or even trivial stories.
8. Develop a Niche Product
As we continue to go deeper into this article, you’ll find more unique and somewhat complex ways to start an online business that pays daily. In the case of developing a niche product, you may have to go through extensive research, attempting to tap into what no other entrepreneur has explored before.
With this business model, you’ll look for opportunities to cater to a unique audience. At the same time, your idea may not necessarily be unique, it may only be unique around your location; that’s enough.
For example, you can do something as simple as taping into the niche of female fitness enthusiasts by developing a pre-workout tea. A most advanced model will be developing equipment that caters to the needs of physically challenged people, helping to make their lives easier. Then proceed to launch an e-commerce store to sell the product.
Unlike most other business models in the list, this one is going to require a lot of brain power, and of course, start-up capital to get going. The bright side is that if you can pull it off, you’ve got a multi-billion-dollar business on your hands.
9. Become a Freelance Translator
Yes, we’ve covered venturing into the freelance niche earlier in this article, however, there are some freelance jobs that we still believe should be standing out – working as a translator is one of them.
Just like most freelance jobs, you can find gigs online on platforms like Fiverr and Upwork, or even better, work with translation websites like TranslatorsCafe.com. The secret here is that you’re going to build your client volume to the extent where you’re able to earn daily.
10. Customer Service/Support
Although people who have done the job of a Virtual Assistant can also fill in as customer support, we mustn’t confuse both occupations as one. If you decide to work for companies that pay on a contract basis, you can earn up to ₦10+ an hour. It gets better if you choose this as your only online hustle; what you earn can be enough to handle your daily or monthly expenses.
The only downside to getting this job is that most top companies often require you to be 18+ and have a degree before you can be employed. Also, they often require you to work for about a month of paid training before you start working for them. This isn’t advisable for people looking for an online business that’ll enable them to start earning immediately.
11. Work With Microtask Websites
Most times, you don’t need a professional online job, or a standard online business to make money daily. Woking with errand/microtask platforms is a great way to earn quick bucks online. These websites often offer one-time online jobs that pay anything between ₦1 and ₦10 depending on the difficulty and urgency of the task.
To start, you can decide to explore platforms like Amazon mTurk and Clickworker; you can get assigned microtasks here to start your journey. The only downside, however, is that there’s only so much you can do at a time. Also, business is not expandable or sustainable long-term.
12. Start Content Creation
This is not exactly an online business that pays daily because it’ll take a while before you create a social media account that generates enough daily earnings to cover any significant expense. However, if you eventually get to succeed in it, you’ll be set for life.
Choose a platform you feel is best for the kind of content you’re into and roll with it. Unlike most on the list, this one will require some financial commitment to get things started. If you gather a reasonable amount of followers and for some reason, the platform itself isn’t meeting your payment expectations, you can always add influencer marketing and affiliate marketing to the mix.
13. Start a Blog Website
Blogging has always been a major way of making money online ever since the inception of online businesses. Even with Google’s frequent core updates and the emergence of AI content everywhere, it remains one of the hot picks for anyone looking to make money from the internet.
If you don’t already know how to blog, you may need to complete a couple of courses. Meanwhile, the cool part is this business model is one that allows you to earn as you go. The only problem is that you’ll need to make some financial commitments like getting a PC (if you don’t have one), buying a hosting plan, paying for internet connection, and of course, paying for the online course you need to learn how things work.
14. Become a Translator or Transcriber
If you happen to be fluent in another language other than English, then you may be up for some daily earning opportunities. There are a lot of companies scattered across freelance platforms like Upwork or Fiverr looking for human translators and transcribers.
Even though AI can pretty much with most translation and transcription, there are still a lot of businesses that can’t yet use AI for this specific task. As such, you should be able to make some reasonable income working with them.
15. Become an Online Fitness Trainer
As the world continues to flourish as a global village, a lot of physical jobs is continuously becoming remote – fitness trainers aren’t left out. If you already take fitness as a hobby, you might as well start earning from it by teaching others.
In some cases, you may need to consume some physiotherapy courses to be accustomed to what some clients may need. All the same, it’s a very lucrative business idea as you can either charge per session booked or per month.
16. Create Handmade Goods
In most cases, if you want to start an online business that pays daily, you want to venture into something you’re already good at, especially if you’re going to be working every day. If you’ve got some crafting skills, now’s the time to put them into use.
Whether it’s complex items like sculptures, pottery, or even simple stuffs like beads or dyeing, you can pick one and be sure to get a lot of patronage from people who appreciate handmade. Create an online store and social media page for your product, and get things underway. The only potential drawback is that you may not necessarily make sales every day.
17. Launch a Podcast
While you may be correct if you consider this as content creation, for the purpose of this article, we’re keeping it separate because it takes fairly a lot more to set up a podcast compared to other types of content creation.
To get started, you should be willing to make a lot of financial commitments ranging from the cost of recording equipment, social media marketing, and proper funding for the media team. Even with all these, you’re still at the mercy of the algorithm whether your podcasts will be loved. The only catch is that if you get it right, your monthly earnings from views and paid promotions are enough to make daily ends meet.
18. Flip Thrift Store Items
Whether you know it or not, a lot of people do not really know how to shop, or at least dig through thrift stores for things they need, or would love to have. If you believe you’ve got the skill set to look for goods that can be valuable to others, you’ll want to consider this business model.
The fact that your online shop is open every day, allows you the opportunity to make money every day off people who are too lazy to comb through thrift items themselves. The best part is that you don’t necessarily need to have your e-commerce platform right away. You can work with marketplaces like Etsy and eBay to list your items and get a decent cut for every sale made.
19. Launch an Accounting or Bookkeeping Firm
Now as we get closer to the end of this list, it’s common to see some businesses that require relatively more intellectual skill. Putting in mind that most companies will want to work with individuals with Certified Public Accountant (CPA) licenses, if you don’t have at least a diploma in accounting, you may want to back that as you’ll most likely not be working with top paying clients.
Accounting and bookkeeping firms often work on a freelance basis, as such, your deals are contract-based. This means to be able to earn daily, you’ve got to have a decent pool of clients you’re working with.
20. Start a Clothing Line
Owning a clothing line is a business model that we can all agree is likely not to succeed if you don’t already have reasonable footing in the entertainment industry. Your popularity and influence need to be at a level where people either want to do what you do or at least do what you say.
To that effect, we often recommend you get into any kind of content creation first, get to be an influencer, and then launch your clothing line.
Final Takeout
The list of online businesses that pay daily is pretty much pretty much endless. However, we can all agree that the key to doing this is offering something of value; preferably something that’s needed daily. That being said, we must emphasize that the easiest way to make money daily online is to sell something.