Author Archives: Chinedu David

Chinedu David Visit Website
Chinedu David is a business consultant with experience in oil & gas, hospitality, IT & telecom, consumer products, business strategy, marketing and distribution. He was the telecom editor for SuccessDigest for over a decade. And founded Mystore, one of the indigenous online marketplace in 2013. Drop a comment below and he will respond to your query. He can also be reached via email: nedu@myblog.com.ng or Call/Text/WhatsApp: 07087770518
Grow Your Money

Mini LPG Depot: A Super Profitable Business Opportunity In 2022

mini lpg depot

A mini LPG depot is the solution to LPG distribution problem facing the country. According to statistics, Nigeria is having LPG supply problems, which is a result of limited storage facilities that is closer to most states in Nigeria.

Imagine that almost all the states in the west gets their supply from Lagos – including the North. Other locations where there’s LPG depots are Port Harcourt, Benin, Warri, Calabar and Akwa Ibom. Most these are coastal lines, since the supplies are done through ship. In the entire eastern and northern states, there no single LPG depot.

If you are thinking of an LPG investment that’s super profitable then you should be looking at mini LPG depot. The market potential is huge, and it can be conceptualized into a strong brand or monopoly.

I hate monopoly, but where you control the supply, distribution and sales in a market, you are the monopoly. Although, it’s capital intensive, but if you wish to go big you will need a good consultant to help you actualize the concept successfully.

How Mini LPG Depot Works

The challenges in the Nigerian LPG market created huge supply gap that’s becoming difficult to fill any other way. In all the years of existence of NNPC, the government organization that’s in charge of oil and gas, it has not been able to fill any of the existing supply gap.

But right now this gap can be filled with mini LPG Depot facility, by exploring the existing LPG regulations, with the right investment.

The idea requires you to identify a state or location that can cover multiple states LPG supply needs, and plant a mini depot there. This strategic location is your most epic advantage for a mini depot.

What’s Possible With Mini LPG Depot

You may want to know what’s financially possible as your returns from a mini LPG depot investment. If I may answer you from a statistical point of view, it will be a huge share of the 5 million metric tones of LPG domestic supply target.

Okay, that’s a general assumption. But if you critically look at the potential of a mini LPG Depot it’s huge.

Although, it depends on the mini LPG Depot business model you decide to adopt. If you agree to go with this model that would put you in an estimated financial position of over N500 billion annually. This estimate would depend on the network of your investment.

You should also know that so much resources is require to achieve a huge project like this.

The Role Of An LPG Consultant

It will be an error to want to embark on such project without proper guidance. You will need an experienced consultant who understands the business model of all the sides of LPG supply, distribution and retail.

A consultant who can properly encapsulate the whole concept of mini LPG depot. Help you put up a feasible plan. Help to search and advice on the right location for the mini plant. Help with the plan and execution of an effective marketing. Help to setup and manage the right team that would ensure the execution of the project. And be in the advisory team leader throughout the period of the project and beyond.

And talking about marketing – it must be prior and after the construction of the plant. During the course of feasibility plan, a marketing plan should be drawn with proper accountability of all the target retail plants within the defined market. This head count is important in established the profit potential of the project.

Basic Startup Requirements

The plan must be vast and inculcating every aspect of the business to give a full view of the investment. Cost shouldn’t be minimized. A proper analysis of all the risk, costs and requirements should be presented in the plan. A mini LPG depot business plan is required as a main requirement before anything else can be done.

It will give you the full overview of this project. At least, the plan should be able to do five things successful:

✅ Conceptualize the mini depot model and getting all regulatory approvals
✅ Identify a proper location suitable for a mini depot
✅ Address the issue of cost
✅ Create. a detailed marketing plan
✅ And get an estimated feasibility report

These are preliminary steps you have to take, even if it’s just to ensure the viability of the project before venturing into it. You shouldn’t even think going into a huge financial impact project like this one should be carried out without a proper assessments of the basic requirements before investing.

Analyzing Financial Requirements

It will not be proper to put together all the financial requirements without a proper business plan. However, I can give you an ‘tentative’ finance requirement, which can help you see where the money is going. That would give you an idea what would required financially.

✅ Large expanse of land – minimum of 2 to 3 acres of land
✅ LPG trucks – required number would depend on the operational plan
✅ Mini LPG plants – depending on your marketing plan
✅ Site construction – planning, materials and buildings
✅ Operational fund – needed for general operation which includes stock, maintenance, managing transportation, etc.

These are just the obvious financial requirements. You also have to consider consultancy fees, DPR licensing, environmental assessment study, host community fee (where applicable), some other procurements and logistics issues, etcetera.

However, a comprehensive mini LPG depot business plan will help put all these finances into proper perspective.

Getting Financial Support

Unless you can afford to offset the huge financial requirement, you may be needing financial support. Although, it’s easier to approach the banks here but that won’t guarantee success unless you have the right people to back the project.

Another source of financing might be getting foreign investors. Since it’s an oil and gas industry, it’s much easier to convince foreign investors to partner with you. However, you will also be required to meet some conditions to get such funds.

Moreover, one sure way to pull this whole thing through is to use your connections. Even if you are not a successful businessman or know people who do, you can approach business partners with a clear cut goal and feasibility projections.

Investors, whether local or foreign would like to see the potentials of any prospect before they can part with their money. You need to put out some convincing proposals with your business plan. However, foreign investors might want to see more than just that. They are more concerned about your involvement and what you stand to lose if the business should fail in your hands.

Location Requirement & Assessment

Money maybe key to this project, but the importance of location cannot be over emphasized. You need the right location for a successful mini LPG depot. A bad location is bad for business.

So, how do you begin to ensure that you get the right location for your mini LPG depot? The first step would be to define the scope or model of your mini LPG business. Your scope is important, because it helps to define your revenue target and best model to achieving it.

Some mini depot can target just the state where it’s located, while some can go beyond one state to target multiple states. Your model should be what defines your location. Your consultant should help draft the model based on your target and financial investment.

Even the location can be defined in the model based on your target consideration and closeness to the target markets.

Distribution & Supply Requirements

Mini LPG depot is just a supply and distribution outlet for LPG products. Your only advantage is closeness to your target market. As more and more LPG plants are being setup across the country, the demand for LPG products are increasing, even so is the cost of the products and transportation.

Your business is to provide LPG products to your market faster than the main depots. Most LPG plants would take advantage of your fast supply to restock LPG. So, you have to ensure the process of distribution is made available to speed the process.

You would be needing LPG trucks for this project. The best option is buying and utilizing your own supply trucks. This concept is cheaper and easier to control. However, you can also work in partnership with independent LPG truck owners to fulfill your supply needs.

Addressing Your Target Customers Needs

You should identify your customers, know what they supply challenges are, and make provisions for the right incentives to encourage them. Whatever your business model will be, let it focus on addressing the problems of your target market. That’s the best way to win your market.

If you don’t know what the real challenges in your target market is, then don’t venture into mini LPG depot. You may think you know just by reading this article, but that’s not entirely true. This post is addressing a general market view. The actual problem in each market maybe slightly different from this.

And it’s those slight difference that makes your target market unique. Depending on the model you may decide to adopt, don’t just think the only problem your main customers (the LPG plants) has is supply challenges.

How to Fight Competition

If you think because there are no competitors in the mini LPG depot business now that it would remain so for long, wait till you see how many investors that have read through this post, and how many are already consulting with me on it.

While I may not give you information about others seeking to embark on the same project, I can help you understand how to prepare against competitors. That doesn’t mean your competitors can’t do the same. But it helps you to position your business well in your target markets before they arrive.

One of the models of mini LPG depot is to create your own network of LPG retail plants across your target markets. This gives you a huge market potential and helps you position yourself in the best location across the city or your target market.

The more retail plants you have the more customers you can reach directly. This model works best than selling to existing retail plants, who may also have other supply sources, and may shift interest at any time.

Conclusion

A mini LPG depot is one of the most successful business ideas that has come out of LPG industry. It’s like the modular refinery model. If you want to make it a huge success, it would require huge finances. But if you consider how much turnover this could generate for you, then you will agree with me that it’s worth a venture.

I have tried in my own way to give moderate estimates in terms of revenue projection. But the real revenue can only be determined by the business model and how much investment you are willing to put in.

Note that it’s not a project for Beginners. You must have access to huge financial support or know partners who can command such funding. If you are interested in embarking on this project please make sure to start first with a comprehensive business plan.

Read More
Start A Business

Easy Steps to Start Honey Bee Farming In 2022

I read this honey bee story with amusement – as told by an unanimous story teller.

When I was much younger, my father, during one of his adventures in an old, dusty store in our apartment, got stung by a honey bee. And his eye was swollen.

My junior brother, almost exploding with the news screamed to our neighbor downstairs, “my daddy is blind”. He was about four years old at the time.

Thankfully, my father did not go blind.

The business of rearing honey bees, honey bee farming, involves the keeping of bees, breeding them, collecting the honey produced and marketing them.

Honey bee farming business is known as apiculture. Asides from honey, honey bees are also kept for other products which include beeswax, venom, royal jelly, pollen and propolis.

First of all, the know-how of the business is very important. Do you have an idea of what a honey bee farm is about? How do you start one?

Why Start Honey Bee Farming?

Beekeeping, among many other agricultural businesses, is a gold well and requires more involvement.

3 reasons why you should start a honey bee farm:

Highly Profitable

In 2018, it was recorded that Nigeria spends about two billion dollars to import honey into the country. It has also been discovered that Nigeria produces about 10% of honey that its citizens consume!

This should answer your question of whether or not bee farming is profitable. There’s around 90% local market supply gap. Your honey bee farm has a large room for growth.

A majority of the honey consumed in Nigeria is imported. And many of them are not actual honey but sugar syrups. Think about that.

Agents of Pollination

If you already have a farm, it’s an added advantage because bees are pollination agents. They would cause a significant increase in your produce and income at the end of the day.

The business flows with the seasons. You need to know the times and seasons if you’ll engage in beekeeping.

Honey bees are more active during flowering seasons before fruits start to form. They are at their peak and this way, they can get enough pollen and nectar and hence produce a maximum amount of honey.

They can however be fed in seasons where food is not abundant.

Productivity

A beehive can produce up to twelve liters of honey in the first year of acquiring it. Consequently, you can get about ten liters of honey after 6-8 months.

A liter of honey can sell for about N1500 or more. Calculate N1500×10× the number of beehives you have and that is your profit from bee farming every 6-8 months.

Imagine you have 100 beehives that’s N1,500 multiplied by 10, which is N15,000. Then multiply N15,000 by 100, and that’s N1,500,000 every 6 to 8 months.

How Much Required to Start Honey Bee Farm

If you are wanting to ask this question: How much does it cost to start a bee farm in Nigeria? I have the answer covered for you in this post as well.

Bee farming can be started with as low as N50,000 and as much as can be. How high the starting cost goes solely depends on how big you want to start.

New tools are better for new bee farmers or beekeepers because they are new. Unlike most second-hand equipment, they have everything intact. You might not notice something missing if you’re not familiar with the equipment so it’s much better.

The starting cost can also be reduced by using locally made equipment, as long as they are of good quality.

A farm site for you bees does not have to be your land, acquired and paid for, especially you don’t have so much. It can be leased or rented from a friend, family member or anyone willing to lease their land.

Or you can partner with someone who has a farm. For safety sake, let this agreement be bound with a legal document or with trusted witnesses at least.

The landowner benefits from the bees’ pollination and you benefit from the space or land and the availability of flowers and food.

Pick Your Bee Niche

You can keep honey bees for several reasons. Many apiculturists keep honey bees just for their honey but there are more products honey bees are capable of producing.

Your bee niche may be to produce beeswax along with honey. Or to harvest royal jelly and honey. You can also decide to rear honey bees for the function of pollinating crops.

Choose the products you want to base your beekeeping business on and build up from there.

How do honey bees produce honey?
Did you know that honey is food for honey bees?

Also, did you know that honey bees have a separate stomach called the honey stomach where they temporarily store nectar?

Honey bees suck out nectar from flowers and store it in their honey stomach. When their stomachs are filled, they return to the beehive where they convert the nectar to honey.

Did you suck out the juice from small red flowers like I did when I was younger? That sweet juice that you tasted is nectar.

The Best Location for Bee Farming

The beehive should allow for sunlight. There should also be a shade to reduce the severity of the sun and to keep the beehive cool.

The beehive should be located amidst trees or some kind of shade to protect the bees from intense winds and sunlight, the forces of nature.

For the bees to find food, the compound with their hive needs to have plants. It doesn’t have to be a flower bed or flowers of fruits alone. Weeds, trees, and other plants are also sources of food since they produce pollen.

Bees must be able to find abundant water and food (pollen and nectar) in the area where the hive is so that they do not have to travel long distances in search of food.

The area should be dry, not moist. It should not be noisy or crowded. Avoid using chemicals like weedicide or insecticide around the area where the beehive is situated.

The opening or door of the beehive should not be in the direction where people would pass. This would prevent a collision between bees and humans and therefore prevent bee stings.

Marketing Plan For Honey Bee Farming Business

A business plan is important to communicate what your business is about and how you want to run it. Contact us to get one at affordable price. Or get the Honey Bee Farming Guide 101 to hive you all the necessary information.

If you want to apply for a loan, you need to have a business plan to show your lender how you plan on using their money, how long it would take and how the profits would stream in.

Your Business plan should include the source of income for your business.

• Will you be getting a loan?
• For consequent costs, how would you find them?
• What would happen if you run at a loss?

Your plan should have this information.

Also, in your plan, you need to input your target market. Who would you supply with your products? How do you reach them and how do you convince them to buy from you? You should identify both local and international markets for your honey.

You should also assess your business for its strengths, weaknesses, available opportunities, and possible threats.
It’s referred to as a SWOT Analysis.

Conclusion

Honey bee farming business is one with great demand and profits. The question of whether or not people would buy is irrelevant because there is a good amount of demand already available on ground and a much less supply in Nigeria.

Do you now have an idea of what starting a honey bee farm business looks like? Do you have unanswered questions? Let me know in the comments.

Read More
Start A Business

2022 Best Guide on Grasscutter Farming

Do you know that grasscutter farming is one of the livestock businesses in Nigeria that require low cost but has big returns on your investment?

Grasscutter meat has risen among other sources of meat and now ranks among the most anted source of meat in Nigeria. This is understandable due to its many benefits and taste. However, there is a larger demand than supply.

Grasscutter farming is the business of breeding grasscutters for their meat and by-products (for example, their faeces for fertilisers).

Grasscutters are also referred to as cane rats. This is because sugarcane is one of their beloved foods. If you are going to be very successful as a grasscutter farmer, farm sugarcane too.

Grasscutters are rodents. They are much larger than common rats and live in bushes. Rats however are found in houses and their surroundings.

Grasscutter meat, among other grasscutter products, is in high demand. It contains a low amount of cholesterol and a high amount of essential nutrients.

Grasscutters are easy to breed. They mature early at about 5-6 months. Their gestation period is about 22 weeks and one female can produce roughly 12 offsprings in a year.

Why Start a Grasscutter Farm?

See some of the reasons to start your own grasscutter farming right at your back yard, without investing in farm lands and costly housing kits.

Health Benefits

Grasscutter meat is found among the class of meat referred to as white meat. It has much-reduced fat and cholesterol levels. It is high in protein.

Grasscutter meat reduces the risks of hypertension by preventing some of the factors which cause it like high cholesterol and obesity.

Another Stream of Income

Grasscutter farming is an agricultural business that is not only profitable but also brings you passive income. You don’t have to do so much work since they do not require much attention.

Ease in Farming Grasscutters

That grasscutters do not need much attention does not mean that you can or should neglect them. They need food and water daily and regular checkups to examine them for signs of sickness and keep them healthy.

They can be left alone by themselves after being provided for so that you can attend your other job if you are not doing it full time.

Low Starting Cost and Risks

You don’t need so much money to start a grasscutter business. It only needs to cover the necessities and then you are good to go. You can even start it at your back yard. Cost of building shelter or cage for grasscutters is minimal. You can construct it yourself if you are technically inclined.

They Are Fruitful and Multiply Early

Grasscutters become mature as they attain 5-6 months of age. Some even mature much early than 5 months and are ripe for breeding. This depends majorly on their breed and how well they are cared for.

It takes approximately 22 weeks for female grasscutters to carry their younglings. This means they can produce grasscutter babies twice in one year. Your breeding target should be calculated by the number of breeders you farm.

Each birth can yield about 5-7 grasscutters which means a single female grasscutter can birth 10-14 grasscutters in one year.

Increased and Increasing Demand

Due to the benefits of grasscutter meat and its recommendations by people in the health sector, the demand for grasscutter meat has risen.

This demand would continue to increase as more people find out about its benefits. You can equally farm grasscutters for your personal needs.

How Much You Require to Start

This depends on the size you’re starting with. Factors that determine the startup cost:

● Getting a mature doe(female) and a buck(male). A mature doe costs about N14,000 and a matured buck is about N12,000.

● The housing – should be such that gives the room enough to move around and nit confide them to static position.

● Feeding, cleaning and other necessary equipment

● Feed

● Checkups by a veterinary doctor

A small scale farm would cost about N50,000-N80,000 to setup. It can cost less if you have the housing or the necessary equipment ready.

Pick Your Grasscutter Farming Method

Commercial grasscutter farming can be performed in two ways:

  1. Deep litter method
  2. Cage method

Deep Litter Method

This involves putting some grasscutters in a house, in a single space.

This can be done efficiently well with a minimal number of grasscutters. The grasscutter house should be spacious to allow the grasscutters to move around freely and have space to themselves.

Cage Method

This method involves keeping grasscutters in cages or hutches. This method keeps a reduced number of grasscutters in each cage. A colony (4 females and 1 male) can occupy a cage or the grasscutters can be separated so that individual grasscutters occupy a cage.

How to Build a Grasscutter House

Housing in grasscutter farming is very important.
It must allow ventilation, light and have enough space for the animals.

The grasscutter cage should also have structures like light bulbs and waterproof covers that can protect the animals from rain and cold.

Building materials should be made of quality materials. Bamboo and wood can be chewed on, so they’re not efficient choice materials.

A grasscutter house is usually and popularly built with metal.

Grasscutters are clean animals. The grasscutter house should be built so that there is a separate space for feeding and a separate one for resting.

To allow for breeding, grasscutters should be kept in a colony. A grasscutter colony has 4 females and 1 male. This method is good since the presence of a male stimulates ovulation in females and the presence of more than one male with a female would provoke fights.

In a situation where a huge grasscutter needs to be moved around, a squeeze cage should be available. It should be about the size of the grasscutter and should not allow much movement.

A squeeze cage facilitates the easy handling of grasscutters of various sizes. The size of the cage should be tailored to fit the size of the grasscutter.

Also, trays for feeding and drinking should be made heavy so that the grasscutters cannot displace them.

The Best Grasscutter Foods

Grasscutters eat sugarcane, legumes, guinea grass, elephant grass, peels of tuber crops(e.g cassava) and outer coverings of fruits like pineapple and mango.

They can also be given concentrate to supply them with more nutrients and balance their diet.

Some concentrates are made of only one ingredient. This would not give the animals all the nutrients they need so it should be rotated with other feeds.

Other concentrates are made from multiple ingredients and can be fed to the grasscutters constantly.

The feed should be placed in the feeding container and not the floor to prevent the grasscutters from stepping on the food and soiling it with their faeces.

You can feed your grasscutters two or three times daily. Feeding the grasscutters should be consistent every day. If you would feed them in the afternoons by 2 pm, keep up with that.

A baby grasscutter depends on the mother for milk. And when it is about 6 weeks old, it is ready to be weaned.

What’s The Best Time to Start Breeding?

You can start anytime. As long as you have the money to start and the necessities are available; food and housing, and others. Another best time is tomorrow. You can start with one male and one female.

Managing Diseases And Environment Conditions

Grasscutters are prone to certain diseases which are described below. These diseases can be prevented by proper care for the grasscutters and by regularly checking them up.

Their surroundings should be kept clean and dry. Leftover food and food that is spilt out of the feeding container should be removed before a new one is placed.

Ecto and Endoparasites

Ticks and fleas are ectoparasites commonly found on grasscutters.

Endoparasites like worms also trouble grasscutters. These worms are attracted to wet areas. Constant deworming of the grasscutters would keep these worms in check.

Pneumonia

Is a common disease that attacks grasscutters. It is caused by Diplococus Pneumonate which is a bacteria. This bacteria is abundant in cold seasons.

Grasscutters should therefore be kept as warm as possible during cold seasons.

Coccidiosis

Coccidiosis is caused by a protozoan. It causes tiredness, appetite loss and diarrhoea in grasscutters.

Staphylococeamia

Is caused by Staphylococcus Aureus which is a bacteria. It causes discharges in the vagina and nose of the grasscutters.

Conclusion

Grasscutter business is another lucrative business that you can own and make yours. Are you going to start your grasscutter business, if yes, do contact us for consultation and guidance. If you have more questions, let me know in the comment.

Read More
Grow Your Money

6 Quick Steps to Start Collecting Free Cryptos On Trustwallet

Let’s make some free money. I want to show you how you can start collecting free cryptos. How much you collect will be up to you. I bet you can collect free crypto coins worth tens of millions of dollars.

But realistically, let me make it easier for you, maybe you can collect $10,000 worth of free coins in a few weeks or months. There are many coins being launched. You can’t buy them all.

In fact, many of them will fail. Some were even designed to fail – as scam to defraud investors of their money. So, it’s not all safe. That’s the more reason you shouldn’t dole out money to buy every coin that’s released these days. If you want to know more about scam free cryptos to buy, READ THIS ONE.

I want to show you how you can get these free crypto coins every time they are available. I hope you have your second trustwallet account dedicated for Airdrops. It’s always important you have a separate wallet just for collecting free crypto coins.

How Free Cryptos Works

If you are new in Crypto you might have been doubting these free crypto coins when you hear of them. You remember the old saying, nothing good comes easily. Well, I can modify it for you, anything cheap comes easily.

When companies start their Crypto coins they would need to get people to start buying it. That usually doesn’t always happen. People who buy cryptos do due diligence before they buy.

They want to know how many others have bought the coin, how many social followers they have, how trendy is the coin before they buy. Even the exchanges don’t list new coins until they have met some requirements which also includes certain number of address holders.

Crypto companies know these things too. So, at the initial stage they want to get as many people to get their coins. And it’s easier to give away free coins than advertising for people to buy.

Process Of Collecting Free Crypto Coins

The process is very simple. Hope you created the second trustwallet account as I told you. If you didn’t, create one now before you continue.

✅ Step 1: Buy BNB Smart Chain Coin

You need some BNB smart chain coin. I suggest you buy at least $10. If your funds cant get that much, just buy like $5. Although, most sellers won’t sell that low. Unless they already have it on trustwallet to sell to you. But you need BNB coin in your free coins trustwallet account.

🔹️NOTE: The reason for this coin is to enable you pay for network fees. When you claim free crypto coins, it passes through the network, and network charges apply. It’s from this coin you will pay for network fees when claiming free cryptos. Networks fees for airdrops like this is usually cheap. Some are like $0.36 or less or sometimes more. But usually below $0.50.

✅ Step 2: Start To Collect Coins

Once you have your bnb smart chain coin in your trustwallet it’s time to start collecting free cryptos. The process is very simple. Free crypto offers will provide you with the web link from where you can claim the crypto coins.

🔹️Note: This kind of free crypto is different from those Telegram Airdrops that requires you to do certain tasks

and now wait for a date for the airdrop to be sent to your wallet. Most times you don’t even get those telegram airdrops. Most of them don’t fulfill their promises.

But this method of collecting free crypto coins works instantly. You get the coin deposited into your wallet once you follow the process I’m going to outline for you below.

✅ Step 3: What You Need to Start

Let me outline what you would need to get this process now started. I will also provide you with an example you can do now and collect some free crypto coins. You will need the following:

🔹️A. Website link from the crypto company with the claim offer.
🔹️B. Information to help you add the new Crypto details into your wallet
🔹️C. Knowledge of how to add custom crypto wallet address on Trustwallet
🔹️D. And your Trustwallet account

✅ Step 4: Creating A Custom Crypto Wallet Address

Before you start creating a new custom coin, do a search to be sure it has not been added already on Trustwallet. Here’s the steps to follow to setup new coins that are not already setup on trustwallet.

In your trustwallet you have at the top of your wallet, above the account balance, five things to note.The first one from the left hand corner is

🔹️A bell image
🔹️Followed by tokens
🔹️Then finance
🔹️And collectibles
🔹️Before a unique sign

That unique sign opens to where all the coins are hidden from view. And if you scroll to the end downwards, you will see ADD CUSTOM TOKEN. This is where you get to setup the new tokens.

🔹️Select ADD CUSTOM TOKEN. and a new form box will open. You will need the following to fill the form and submit it to create a coin profile on trustwallet.

🔹️A. Network – you need to select the Network of the coin. By default it shows Ethereum. Click and select the actual network for the coin. In this case, it’s Smart Chain. So select smart chain.

🔹️B. Contract address or CAnfor short. Every coin has a contract address. That’s what makes it different from another coin. And that’s why if you send a coin it will get to the address anywhere it’s located on the internet because of the contract address.

🔹️C. Name – every coin has a name to differentiate it from others. You enter the name of the coin you want to setup.

🔹️SYMBOL – Coins are also given symbols like Naira sign or NGN that’s used for Naira for easy recognition.

🔹️Decimal – It’s a number that’s usually 0, 9, 8, 6,18 or any number. But each coin has its own decimal. You don’t just put any number you want. Find the decimal for the particular coin and add it there.

🔹️CKICK DONE – at the top of your screen. Your new coin will be setup now. Note that some new coins may already have its profile image displayed, while some don’t at the beginning stage but will have later.

✅ Step 5: Claim The Free Crypto Coins

If you have the website link for the free coins, copy it, open “DApp” on your trustwallet. DApp is a web browser on your Trustwallet. Once you open, paste the web link for the coin you copied earlier and press enter. It will open the website with instructions on how to claim the free crypto coins.

🔹️Note: make sure the coin you want to claim is already setup or exist in your Trustwallet account.

✅ Step 6: Pay Network Fee

The final step in collecting free crypto coins is paying the network fee to transfer the coins to your wallet. Note that the network icon at the top of your wallet.

Click on it to select Smart Chain. Fees goes to the platform you are using to collect the free coins. They are small fees. Once you accept to pay the fees, the coins will be deposited into your wallet.

Conclusion

Follow the examples below to setup any token wallet address that doesn’t already exist on Trustwallet. Please do what is specified in this lesson step by step. If you don’t follow it you won’t understand what to do and you will be asking unnecessary questions.

Here’s details for creating token wallet address:

🔹️A. Copy the contract address and paste it in your Trustwallet token search, and click on the Add Custom Token to create the wallet address for that token using the parameters provided for each different token. See the example below.
🔹️B. Change network to Smart Chain
🔹️C. Enter this contract address:
0x7ea2b25c1a558c6f9b4649358183152b0WRONGCA
🔹️D. Name is CRYPTO
🔹️E. SYMBOL is CRYPTO
🔹️F. DECIMAL IS 8

🔹️Note: Click DONE to setup coin. Make sure it’s not already in your Trustwallet before setting Up custom coin. If you still have unanswered questions? Let me know in the comments.

Read More
Start A Business

How to Start Rabbit Farming Profitably In 2022

Rabbit farming business is a business that has a high booming capacity. Rabbit farming, also called cuniculture, refers to the keeping of rabbits for their meat, fur and byproducts.

A business of rearing rabbits, furry animals such as the one which led Alice down the rabbit hole to Wonderland.

Rabbit farming is the commercial rearing of rabbits, primarily for sales purposes. You can rear a single breed or diverse kinds of breeds.

Rabbit meat is the major reason why Nigerian rabbit farmers breed them. Little attention is placed on their fur.

Rabbit meat is among the meats classified as white meat. As the importance of rabbit farming in Nigeria continues to spread to more people, its high demand would continue to increase.

So, is rabbit farming a profitable business in Nigeria? Yes.

Rabbits are not expensive to breed, unlike some other livestock animals. You don’t spend much on them and you get ample profit.

Why Start a Rabbit Farm Business?

Here are my 6 reasons why you should start a rabbit farm business:

  • They can care for themselves

Of course, you need to provide food for them since they are caged and cannot get food themselves. But rabbits can be left alone after they have been provided for. This characteristic of rabbits allows you to attend to your other job if you are a part-time rabbit keeper.

  • For Their By-products

Did you know that rabbit urine is used as a pesticide and a fertilizer?

Rabbit’s urine contains nitrogen and therefore enriches the soil and crops and due to its pungent smell, it repels insect pests.

  • Doesn’t require a large amount as a start-up

Rabbit farming, like grasscutter farming, is referred to as called micro livestock farming and do not need much startup cost.

  • High Reproduction rate

Rabbits have a gestation of about 31 days after which a female rabbit produces two to twelve younglings. Due to its short gestation period, a female rabbit can produce offspring up to seven times in one year!

  • Benefits to health

As I mentioned earlier, rabbits are a source of white meat which has been known for its health benefits.

It is said to have low-calorie levels, preventing weight gain and hypertension.

  • Early maturation

Rabbits enter the maturity stage at about 5-6 months old. Some farmers however suggest that male rabbits are left to enter their first year before they are bred.

This is said to allow for the production of quality offspring.

How much can you earn from rabbit farming?

The amount you earn from each rabbit largely depends on their age and breed. You can sell a rabbit at the rate of N1500 to about N9000.

How Much You Require to Start

The amount of money you need to start your rabbit farming business depends on 3 major factors:

● The rabbit’s breed
● The number of rabbits you are starting with
● Getting a rabbit house

The cost ranges from N45,000-N100,000 with N100,000 being the highest amount you would have to spend. It can cost more if you want to start on a large scale.

Pick Your Rabbit Farming Method

Rabbits can be reared in a cage method or deep litter method.

Deep Litter Method

● This method is efficient if you will be raising a few rabbits.
● You can keep up to 30 rabbits in one house in the deep litter method. Males should be kept apart from the females till it is time to breed.
● The floor of the house should be made of concrete and should be covered with dry wood shavings or straw.
● There is a higher risk in this method than in the cage method. Make sure to start with a little number, gain experience and see how it goes and then increase their number.

Cage Method

● The animals are reared in a cage in this method. This method of rabbit farming is more efficient for a commercial business.
● You can raise as many rabbits as you want with this method with the animals spaced out in different cages.
● This method allows the rabbits enough space and food in their cage.
● The females and males also need to be separated from each other until it is time for breeding.

Rabbit Farming Business Plan in Nigeria

A business plan is important in planning your business.

If you want to get a loan to start your business, you will have to show the lender something, proof that you know what you are doing and that profit would come from the business so that you can pay them back.

The business plan should describe your business, how it would be funded, expected profit, how the marketing part would go, and all that your business needs and would be about.

There are samples of business plans to guide you in making yours.

How To Build Rabbits’ House

A rabbit house (hutch or cage) should have good ventilation, be protected by a shade and be out of the way of people passing by or noise.

The rabbit house needs a windbreaker, like a tree so that when it gets windy they would be protected from massive amounts of wind. They also need protection from rain during rainy seasons.

You should consider the following when buying or building a rabbit house:

● The size

How many rabbits do you want to start with? This would determine the size of the cage that you get.

● The type

Is the rabbit house outdoor or indoor? This would determine the material that is used to make the cage. If the cage is placed outdoors, a wooden cage would not be efficient. It would get weaker as the rain beats it.

● The material used

A majority of the rabbit houses currently are built with metal, wood and even plastic. Now, as I said earlier, the material used to build the cage depends on the exposure of the cage to the natural elements(sun and rain).

Aside from natural elements determining the type of cage, choose a cage that would not give you issues when you clean. It should be easy to clean.

Many rabbit houses have floors made of wire and a removable pan under them for easy removal of waste.

Rabbits can however develop sore feet (hocks) because they stand and walk on the wire floors all day long.

This can be reduced by covering a part of the floor with something solid, like wood. This wood would be a resting spot for the rabbits and reduce the possibility of them developing sore feet.

The Best Foods for Rabbits

The rate at which a rabbit eats is determined by the breed and of course, the age.

Rabbits eat green vegetables, cucumber, carrots and grass, among others. They can also be fed with remnants of food from your house.

Rabbits need variation in their feed. They need assorted food choices. This would ensure that they get the necessary nutrients that they need for growth and health.

As you add new foods to their diet, give them a small amount of the new food daily and check for how they react to it. When they have adapted to the food you can increase its quantity to the amount that they need.

When you give the rabbits their food make sure to place the flood in their feeder, not on the floor. Since they would be wandering around their cage, they can walk all over their food and ruin it with their faeces.

Remove the unfinished food from the previous feeding when you go to give them more food.

Rabbits eat less than they eat at night. This is majorly caused by the heat of the day. They are more active at night and so they consume more food.

If you would be feeding your rabbits with concentrate along with the other foods, you can give concentrates in the mornings and others in the evenings. Along with the food, they need clean water.

Profitable Rabbits Breeds to Farm

Some of the profitable grasscutter breeds are listed below with what they are reared for.

● Californian: Meat
● Satin: Fur and Meat
● White New Zealand: Fur and meat
● New Zealand: Meat
● Champagne d’Argent: Meat
● American Chinchilla: Fur
● Silver Martens: Fur
● English Spot: Meat and Lab
● Checkered Giants: Fur
● Rex: Fur
● Angora: Fur and Meat

You would not find all these breeds in your area. Choose the best among the ones available to you to start your grasscutter business.

The Best Time to Start Breeding

Cold weather is more favourable for rabbits than hot weather. However, to be able to create more body heat, they need additional food. Their body heat is caught by their fur, allowing them to stay warm.

Hot weather is less bearable for the rabbits. They would require your help to stay cool. Hot weather can result in overheating in the rabbits which can result in tiredness, low productivity, and even death.

Unlike during the cold weather, rabbits reduce their consumption of food but not to the point that they take just little worrying amounts.

Heat can be reduced by giving the animals cool water to drink, taking them out of their cages and underneath a tree’s shade, and placing fans with them.

Conclusion

Rabbit farming is a business you should consider if you want to start an agricultural business.

I hope this article answered your questions. Do you have more questions? Drop it in the comment box.

Read More
Grow Your Business

Nigeria’s Best Selling Business Furnitures For 2021

You are reading this now because you are looking for business furnitures to buy. You are probably looking for the best deals at discounted wholesale prices. Or you just want to select from more varieties than what you have currently seen. Let me start by asking you some questions?

Do you know there are over 13.5 million shoppers of business furnitures in Nigeria, including you right now. But there are very few options that offers you great deals. It’s just the same old high retail cost, with middlemen furniture sellers and higher markups.

You might even be thinking, why do I need to read these when I could just go online and order any business furnitures of my choice. Sometimes we buy what’s available and not what’s suited for our needs, because we didn’t know there could be more than what we are being offered. Both in better price, quality and varieties.

So, you are not wasting any time reading this at all. Rather, you are saving money and making the best choice for the furnitures you need for your office, church, school, hotel, and event place.

What Do You Need Business Furnitures For?

If you are wondering if this Business Furnitures fits into your need and category, let me break it down for you with a list of markets categories that needs these furnitures. So check if anyone fits your category. We have them to fit the businesses listed as follows:

🔹️Banks
🔹️Homes
🔹️Government houses
🔹️Churches
🔹️Mosques
🔹️Schools,
🔹️Institutions
🔹️Training academies
🔹️Event centers
🔹️Embassies
🔹️Shopping malls

Even if you feel I omitted your category, just ask me why, I will find the best furniture category that addresses your needs as well.

Some of The Best Selling Furnitures

Let me show you some of the best selling business furnitures you can pick from. Each best selling products comes in different designs as well. Everything depends on what you want and want is still in stock when you are making enquiries.

Here are some of the best selling furnitures I recommend to you. However, if you decide to buy any of them, contact me for a friendly transaction. All orders are treated as Wholesale. But note that, single order transactions may not meet the minimum order requirement.

✅ Office Furnitures

🔹️Office workstation
🔹️Office tables (standard & executive)
🔹️Computer desk
🔹️Office chairs (regular & executive)
🔹️Visitors chairs
🔹️Premium chairs (executive & visitors)
🔹️Office settee
🔹️Airport chairs
🔹️Padded waiting chairs
🔹️Receptionist tables
🔹️File cabinet

✅ Homes & Hotel Furnitures

🔹️Living room sofas
🔹️TV stands
🔹️Centre tables
🔹️Dining tables (Royal, glass & regular)
🔹️Mini single couches
🔹️Garden furniture
🔹️Hanging chairs
🔹️Table tennis
🔹️Snooker boards
🔹️Beds & mattress
🔹️Student study area
🔹️Wardrobes
🔹️Dressing Mirror
🔹️Kitchen cabinets

✅ School Furnitures

🔹️Laboratory furnitures
🔹️Dormitory bed bunks
🔹️Drawing tables
🔹️Stainless banquet chairs
🔹️Training chairs & with writing pads
🔹️Standard white board
🔹️Advanced classroom chairs
🔹️Class room chairs (Different designs)
🔹️Library shelves
🔹️Auditorium chairs
🔹️Bookshelves (wooden & metal)
🔹️Cabinet & lockers

✅ Events & Outdoors

🔹️Banquet chairs
🔹️Chiavari chairs (Gold iron & clear resin)
🔹️Armless chair (stainless)
🔹️Party chairs & tables
🔹️Banquet tables (round & rectangular)
🔹️Royal event furnitures
🔹️Plastic folding chairs
🔹️Oxford dining chairs
🔹️Pool side chairs
🔹️Supermarket shelves
🔹️Camp chairs

Why Buy Business Furnitures This Way

In the traditional way, all you need to do is just search for the furnitures you want and buy it off the website, or get it through retailers at a handsomely high price. But here I’m offering you the best way to get those high budget furnitures at hugely discounted wholesale prices. Why pay more through middlemen and retailers when you can buy it at a low wholesale rate.

It can’t be any better than this. You get the best and varieties of any kind of business furnitures you want, and at a ridiculously lower wholesale prices. It’s a big deal you can’t afford not to take.

To get a Wholesale quote, picture catalogues – Call/Text/WhatsApp: 07087770518

Conclusion

The right things to look out for when buying business furnitures isn’t just the price. You should consider the quality and the varieties available for you to pick from. If you have a technical need like installation and setup, you would like a team that can also offer those services along side your purchase.

Finally, your business furnitures tell a lot about your brand. If you care for your brand image then who supplies your furnitures should matter to you. Interestingly, having the opportunity to buy directly from the company without middlemen and high retail markups is a huge saving advantage.

We provide you with a one-stop-shopping for all your business furnitures.

Read More
Grow Your Money

How to Pick Scam Free Crypto Tokens to Buy

If you know how to pick scam free crypto tokens you will make it big in crypto investment. Of course there are no crystal balls to peep into that will tell you which token is be scam free and which one isn’t.

Many tokens fail within the first month of releasing them. That’s investors money going down the drain because these developers, whether prepared or not push their tokens out there and expect it to work. If it didn’t work they pull the plugs on investors and disappear.

Also, there are many scammers out there looking to exploit new investors. They can organize scam presale without any intention of starting a token project. They can also start a token project and once people have invested in it they will pull out the liquidity and shut down the token.

The question now in the lips of every crypto investor is how do I pick scam free crypto tokens to buy?

How Scam Free Crypto Tokens Work

If you can find scam free crypto tokens to buy then you should know how it actually works. A token is a version of a coin built on an existing Blockchain that belongs to another coin. So the difference between a token and a coin is that coins have their own Blockchain but tokens don’t.

So, anybody can create a token, even without any experience in Blockchain technology. However, a token is also indirectly controlled by the price of the coin on the Blockchain it’s built. Examples of Blockchain networks are Ethereum, Binance Smart Chain, Tron, etc.

But a token must first be built before it can become profitable. And there are processes it’s required to follow to achieve that. As an investor, your primary job is to find out which of the token has the potential to become profitable before you buy.

There are things you need to check when buying a crypto token.

Check The Current Price

Start with knowing the current price you are buying the token. The price of the token determines the quantity you can purchase. If it’s a new token, consider the number of zeros in front of the price. If you like buying into a coin when it’s launched newly, the more zeros in relation to the total supply the better. But if you prefer a tested project, the less zeros might be better.

When checking the price, always relate it with the total token supply, minus the burn token and the current market cap.

Check Token Total Supply

The total supply of the token has a lot to do with your decision to buy and the quantity you should be buying. The higher the volume could mean more zeros to kill off before reaching 1 dollar. So, the total Supply is an important key when deciding to buy a particular token.

One more thing you should know about token total supply is that it’s directly related to its market capitalization. If the token supply is much, it might take longer time to reach its full market cap. And that means it might take longer time for the token price to reach $1 USD.

Check Transaction Log

A transaction log keeps record of all the transaction about a particular token. It gives you the impression about the market response to the token. A token without recents transaction log can mean either it’s just launched or it has failed.

It can also give you the impression of high or low demand for the token. The last few purchases should either show recent or old. And it gives indication if the demand is constant or distant.

Check Market Cap

Market capitalization is the real value of the project. It’s also what’s used to benchmark a token again another token. Market cap means market trust on the token. It’s simply the amount of money in US dollars that investors were willing to put into the token.

It’s the amount of the token purchased in monetary value. The market cap can increase as more investors buy into the token, or decrease as investors sell their investment in the token.

Buying at a lower market cap may be a good time to invest into any token, especially if that token is newly launched. It gives you enough potential to benefit from the token more than those coming in later at a higher market cap.

Check Liquidity Level

The liquidity of a token is your door to exiting the project at any time if you ever got in. Liquidity means the amount of cash available in the token pool that anyone can exchange for the token if he or she chooses to sell their tokens.

Liquidity is your exist door. If you are going to take some investment risk, it’s proper to check if theirs a way out. Where there’s no liquidity or even adequate liquidity, you should be careful with such investment.

Another thing to check about liquidity is how the liquidity is added. Does the token have auto liquidity pool? How much of the liquidity in percentage of the amount already invested in the project?

Check Rug Pull Feature

Rug pull is a form of crypto scam. Although, not all rug pulls are scam. Some are actually token failure. The real idea of a rug pull is when developers take out the token liquidity, making it impossible for investors to cash out, which makes the tokens worthless.

A failed token project also makes the tokens worthless. However, whether failed token or a result of rug pull scam, they both face similar problems, liquidity drain.

One way to ensure the token is not going to be rug pull is to check ownership control, if ownership control is renounced or not. A smart contract creates room for community control and limiting the control of the developers to what they can change and not change.

Check All Time High (ATH)

All time high or ATH is the highest price the token has ever attained. It’s important to know what the token has been able to achieve before buying into it. Especially if it’s not a new token. That would help give you understand the potential or possible failure.

All Time High (ATH) means the token has attained a higher price in the market than it’s currently being sold. Most investors consider ATH as an important indicator for picking a profitable token to buy.

Another very good benefit of checking the All Time High (ATH) of a token before buying it, is to help you understand how low or high in the price chain you want to get into the project.

Check Active Marketing Plan

Marketing plan is important to an overall success of the token. Apart from reading a detailed road map on the token website, what have they been doing to grow the token. Tokens with better marketing plan tends to do better than those without one.

I stopped buying older token because they really don’t have marketing plan behind them. The initial idea of crypto project is community driven mindset. But that’s not working much nowadays. Like the saying, if you want something done, you have to do it yourself.

If a token doesn’t have better marketing plan, it will grow dull and die. There are many new tokens coming out like everyday. And I have also observed that new tokens with good marketing plan grow faster and hit higher market cap than those without a proper marketing plan.

Check The Tokenomics

This gives you an idea how the token works in terms of who gets what, what goes where, and why. You need to read the tokenomics of any project before investing your money. Key things to find here are:

  • Total token supply
  • Number or percentage of burned or to be burned token
  • Percentage of transaction tax
  • Holders reflections
  • Liquidity pool supply
  • Percentage for Charity work
  • Marketing budget
  • Developers token

A good project should have some key tokenomics in place, like:

  • Good Percentage of transaction tax for liquidity pool
  • Good Percentage for marketing efforts
  • Good percentage of planned burn or auto burn mechanism

Note that most burn at the initial stage only makes it higher for investors to get into the project. And really doesn’t help the price from an investment perspective. Although it makes it easier to attain the full market cap. But burning when the project is at a peak pushes the price way up and builds new level of confidence.

But developers shy away from burning when the project is at the peak because burning early at the start gives them more money, and burning during peak gives more money to the Investors.

Check For Community Activity

Most importantly, before buying a token, to check for its community activities on social media platforms. Search for all the platforms where it has presence and check for user activities. The more activities on a platform the better for the project.

Token is a community driven project. The presence of a community works magic on new investors. Even though you can allocate huge amount for marketing, drive more of your marketing through the community.

The more people talking about the token would attract even more people to buy into the token. Do everything possible to have a vibrant community. Number is important but don’t neglect activities. It’s the fuel that drives the engine.

That means you should equally have more moderators and assign roles to them or what areas of enquiries they should handle. However, as an investor, a token that doesn’t have community activities is not the right place to invest your money.

Check For Audits & Exchange Listings

How secured the project is should be another checklist you need to verify. Have they been certify by any organization responsible in verifying crypto projects? Owners control or control renounced? What are they saying about their certification? Do they have any exchange listing currently or they are in view?

Techrate and Certik are two popular certification companies in the crypto world. You need to know if the token has been certified by any or both or even any other company. Check what they have been certified for.

Another thing to check is listing on exchanges. When a shitcoin is listed on exchanges is proof that it has been verified by other reputable crypto organization as well. But most of exchange listing happens after the token has been launched and probably garnered certain number of holders.

However, you can check their exchange listing plans and see if they are making moves to get listed or they simply ignored that part. You can also see in their white paper their road map to know when they want to get listed on exchanges and what target exchanges they have planned out.

Check For Presence Of Whales

One of the major cancerous problems with shitcoins growth is the huge presence of whales. This same problem is also a blessing to young tokens in disguise. The absence of whales in any newly launched token could dull the entire project and dissuade potential investors.

The whales put in large monies into newly launched tokens. Something that small investors wouldn’t dare to do. They also help to create the first impression about the new token, helping it drive its market cap in record time.

But the modus operandi of whales is what makes investors disdain them. They pump in more money to shore up the market cap, and help bring in more new investors, but as soon as the price starts adding up they would also pull out their investment with such force that sends the token crashing.

You should check for the presence of whales. Too much of whales in a token is dangerous to the project. You have to check the list of highest holding accounts. Any account from 2% above could be Whale account. If there are many of such accounts in that project be careful how you invest.

Conclusion

Crypto market is volatile, but that’s not all the problems with the market. There are scammers, whales, failed projects and so on. If you have to navigate your way, you need to know what to look out for when you want to buy tokens that can give returns on your investment.

Although there’s nothing general wrong about whales. But the havoc they can wreck to a token could be devastating. Their modus operandi is what makes them deadly. But every token really needs the presence of whales at the initial stage to build momentum and attracts small investors who are hoping to also take in profits from their small investments.

Finally, always do your own research (DYOR) before investing in any new token.

Read More
Grow Your Business

Crypto Shitcoins – Practical Guide For Beginners

This newbie guide to Crypto Shitcoins is helpful for those who are new in Crypto. Please read and understand. You may not understand the entire crypto market in one article but you should know how to buy and sell crypto. That’s the first principle of crypto investment.

Every crypto token or shitcoin are not the same. Each coin or token is developed for a purpose. That’s why the developers release white paper to explain their crypto to buyers. Always look out for the lite paper and white paper before buying a coin or token.

Remember this, crypto investment is risky. The crypto market is volatile. Always Do Your Own Research (DYOR) before buying any crypto asset.

✅ What’s Crypto Investment

There are 3 types of those who are on the crypto market.

🔹️Crypto holder
🔹️Crypto trader
🔹️Crypto investor

These 3 group of people are easily identified in the crypto market. Crypto holders buy tokens and hold them till their prices appreciate and they sell for profit. While the crypto traders buys cryptos at their low price and sell immediately a certain price increase is achieved.

But crypto investors acquire crypto assets and explore those assets to earn regular returns. They earn passive income from their crypto holdings. Which group would you like to belong to? If you been in Crypto Lessons, you will notice I don’t teach crypto trading at all. I only focus on crypto investment and encourages crypto holding.

✅ Different Types of Crypto Assets

You need to know what type of crypto assets to invest in. Most newbie only know of Bitcoin, and any other one they have heard from friends and colleagues. You need to know the 3 different classes of cryptos, so you know which one you should be buying.

🔹️Bitcoin
🔹️Altcoins
🔹️Tokens or (Shitcoins)

You already know about Bitcoin or you have heard much about it. That’s the first successful crypto coin. Altcoins are other coins built after Bitcoin Success. Ethereum, ripples, Tron, etc fall within this category. While token or preferably shitcoins are tokenized cryptos built untop of existing blockchain. If you are going to excel in crypto investment as a newbie investor, you have to start from shitcoins. With little money you can buy different types of shitcoin assets, and at very large volumes.

✅Understanding Stable-coin

There are crypto coins called stable coins. These type of coins usually have the maximum prices pegged to the US Dollar. That means their price can appreciate above $1 USD. While people don’t usually buy them for price appreciation, they use them to stop loses or store their coin when they are not sure of the market movements.

Examples of popular stable coins are USDT, BUSD, USDC, etc. Also, you can invest in a stable coin when it’s being launched, like eUSD, USDR, USDDex, etc. at launch stable coin would sell their coins to investors at a lower price to gain holders and grow like every other coin. However, the volume of most USD pegged coins are usually smaller, making it possible for them to sell out their coins and grow their price to $1 USD.

✅ Crypto Tools You Should Know of

One thing you must master a lot is how to pick the coins you buy. You need some tools or apps. To help you do your own research (DYOR) you need to know the following tools and how to use them.

✅ TrustWallet App

You need to download TrustWallet app from Google Playstore. Most of what we do in Crypto Lessons are done on TrustWallet. This wallet is also easy to use for a newbie. It’s the number crypto wallet, so you won’t miss anything if you use only it.

✅ Create Social Media Accounts

You will need the following social media accounts:

🔹️Telegram
🔹️Twitter
🔹️Reddit
🔹️Discord

Note that these are not mandatory but it’s helpful in following your crypto developers for more update on the project. And also to participate in any future airdrop.

✅ How to Find Contract Address

Each crypto token has a contract address (CA). To buy a token or setup the crypto coin wallet address on TrustWallet you will need to find the contract address.

🔹️The tool to use is https://bscscan.com
🔹️You can also use https://poocoin.app

On this site you can search for any token or coin and it will display details of any coin built on the Binance Exchange Protocol (BEP) or compatible token type. However, with popcoin you will need to click on the INFO button and click the token contract. It will still lead you to bscscan. The reason for going to through poocoin is to be sure it’s the exact token you want, not a copycat or clone token of the one you want.

✅ How To Buy Your First Crypto Shitcoins

TrustWallet is like your ordinary wallet. It only helps you hold your shitcoins coins. But it gives you a window to link up with other apps using the web browser or DApps feature on TrustWallet to buy any shitcoin you want.

If you can’t find PancakeSwap when you open the browser just type in PancakeSwap.finance in the web browser to open PancakeSwap. Another way to do this is to copy the buyer link of the coin you want to buy, if you have one and paste it in the browser to open it.

Some links will connect you directly to PancakeSwap to buy the coin, others might just open the coin company website and ask you to click on buy option, usually when it’s in presale mode.

🔹️ Change Network Option

At the top right corner of your screen you have the network logo. By default it shows Ethereum logo. You need to click on this logo and change the network to Smart chain network.

🔹️ Enter the Amount of BNB

The amount of bnb you chose determines the quantity of the coin you will get, based on the current coin price. It’s always advisable to buy already existing coins during their DIP. That’s when the price falls, rather than when the price is bearish or increasing.

🔹️ Change Slippage to Approved Percentage

The slippage percentage is the amount of Token Gas fee required for the transaction to be successful. This rates are different for each coin. Though some coins share the same percentage. The percentage starts from 0.1% to as much as 25%. You need to find out what the slippage rate for the coin you are buying is and use it to set your slippage rate.

If you use a higher slippage rate than what’s approved for your coin you only lose some coin but the transaction will be successful. But if you try using a lower slippage it will indicate an error.

🔹️Click Swap

Once you have set all the buying parameters in order, click on the SWAP button to continue to the next page for confirmation.

🔹️ Verify Transaction And Confirm

Here you need to verify that the quantity of coin you are paying for and the quantity you might likely get is agreeable to you. Once you are in agreement with the figures display, you click CONFIRM button.

🔹️ Verify Payment Amount and Confirm

The payment page gives you opportunity to verify the amount you are being charged for the transaction and the amount of network transfer fee payable for it. If the total amount to be deducted from your bnb is agreeable to you, then you go ahead and click the CONFIRM button. This leads to the successful completion of the purchase. The coins will be deposited in your defied coin wallet address as you requested.

✅ How To Setup Coin Wallet Address

There are best ways to get a token wallet address setup on trustwallet. You can search if the token already exist by copying the contract address and paste it into the token search box. The other best way is to set it up yourself. Let’s use ripple as an example.

Setup wRipple wallet. Follow the guide below:

To start the claim you need to first setup this coin on your Trustwallet. Use these parameters to set it up.

🔹️ Change Network to Smart Chain
🔹️ Enter the Smart Contract: 0xbbc9fa4b395fee68465c2cd4a88cde267a34ed2a
🔹️ Use Name: wRipple
🔹️ Use Symbol: wXRP
🔹️ Enter Decimal: 18

✅ How To Claim Free Crypto Shitcoin On TrustWallet

🔹️Open your TRUST WALLET. Make sure you have some BNB smart chain coin to pay for the network fee. If you don’t know how to setup coins on Trustwallet please ask questions.
🔹️After setting up the coin, Go to DApps
🔹️Copy the link and paste into your DApp search bar
🔹️Click to Change the Ethereum logo and Select Binance Smart Chain Network
🔹️Click on claim if you are claiming the free wRipple coin
🔹️Or enter the amount you want to pay if you are buying
🔹️Click Approve and connect your wallet
🔹️After its approved click Buy – The amount of wRipple will automatically transfer to your wallet

✅ Conclusion

Starting out as a newbie in Crypto investment may look too technical but it’s really not so. You just need to get used to how things are done here. Most people may give up just by looking at what’s there to learn and do. But they forget that it’s so simple that all they need to do is to get used to it.

However, your best chance at getting smarter in the crypto world is by practicing everything you learn as a newbie Crypto investor. The more you practice what you learn the faster you learn, and the easier you can remember next time what you did before.

Read More
Start A Business

How to Start a Dog Breeding Business in Nigeria

Did you know that dog breeding business is one of the most profitable businesses in Nigeria?

Dogs are largely kept as an assurance of security in Nigeria. Aside from this, they’re kept by humans for companionship. The adorable faces, acts and fur of some dogs make them irresistible and craved for by their onlookers.

Dog breeding businesses are highly sought after due to the huge demand for dogs.

And this business can make you rich.

Now, although there’s profit in dog breeding, it must not be the major goal. The health, genetic makeup, and proper care for these animals are highly important.

For every business that booms, you need strategy and you need knowledge.

Why dog breeding business is profitable, how much you can make as a dog breeder, how dog breeding business works, how to start your business, the best dog breeds, among others are outlined in this article.

Let’s dive in.

Why Start a Dog Breeding Business

● You get an opportunity to make a career out of your adoration for dogs.

● You get to provide dogs for families, individuals, for security, cosy hugs, hunting and other differing purposes. You help someone who needs a guard dog get them. Soft, warm and furry companions exist in our homes because of you and people like you.

● You help prevent a species or more from going extinct, preserving their distinct features, characteristics and the purposes they primarily serve.

So, why not?

Who’s Your Target Market?

The target market for dog breeders includes dog lovers, security units, hunters, research institutes, dog trainers.

The targets vary with the breeds; athletic breeds for sports, cute and furry breeds for homes, muscular and fierce breeds for security.

How To Start a Dog Breeding Business

✅Knowledge

● Knowledge of dog breeding: how to cater for dogs; care for puppies, pregnant dogs, sick dogs; recognizing sick dogs and dogs in the heat period.

● Know genetics: this will help you as a breeder in choosing dogs to be paired for breeding. You will also understand their traits and qualities and avoid hereditary disorders in puppies.

● Dog coaching: puppies especially need to be given some basic training to prepare them for their new owner.

● First aid knowledge: just like humans, pets also have accidents and get injured. Knowledge of first aid before the appearance of a vet is very important.

✅Build Relationships

Vets, dog breeders are useful relations that would help you out in this business with their knowledge, tips and experience. Build relationships with them. Get help from them, also, help them when you can.

✅A business Plan

It is never enough to have an idea in your head, especially a business idea.

Write out your business plan. Studies have shown that there’s a greater likelihood for a business idea to morph into a prospering business when there is a business plan.

✅A Business Name

This is what would be used to refer to your dog breeding business by people. Create a name that would stick to the mouths of people like a piece of blown-out chewing gum.

✅A Location

A place where the puppies and dogs would be cared for. The neighbourhood where the kennel would be situated should agree with the noise that would be produced. It should also have enough space for them to roam about and play.

✅Set Up The Business

Acquire the starting or founding dogs- the starters of the breeding business. Make the necessary equipment available.

✅A business Account

This puts your business name upfront. The business account carries the business name and all the money for business goes into it, preventing your money from getting mixed up with that of your business.

It also offers the protection of your assets in a case where your business is sued.

✅Business Accounting

This helps you study the performance of your business. It involves the detailed calculation of income and expenditure for your business.

✅A Business Website

A business website helps put your dog breeding business out. It displays your business as legit and trustworthy and attracts customers to your business.

✅Build Your Brand

What your business stands for is your brand.

The quality and health of the breeds showcase your brand. If the breeds are weak, your brand is affected and people would hesitate to refer you or come back.

A website helps with the brand building too.

✅Dog Exercise

Regular training and exercise for the dogs to keep them active and alert are of great importance . Not doing this would lead to a weak immune system, restlessness, tiredness, among others in the dogs.

✅Regular Checkups

Regular checkups by a vet ensure that the dogs are healthy. You should have a veterinary doctor who you recognize as a vet for your dogs.

✅Marketing

To find customers, relationships built with other dog breeders and vets would come in handy.

Your website, social media and referrals are also ways to market your dogs.

Best Dog Breeds for Business

✅Siberian Husky

They have a lifespan of about 14 years. Siberian Husky breeds are active and have low possibilities of health issues. They are amongst the best selling dogs.

✅Rottweiler

The Rottweiler breed is among the most famous dog breeds. It is playful to the core with familiar people and defensive against strangers. Rottweilers are not susceptible to many diseases.

✅Otterhound

Otterhounds can swim. They have thick fur and a calm appearance. The Otterhound’s coat is waterproof, keeping its body temperature stable while it’s in the water.

✅German Shepherd

This breed of dogs is among easy-to-breed dogs. They are smart and courageous dogs (I’ve read a story where a child was saved by a German Shepherd). They are one of the popularly bred dogs in Nigeria.

✅French Bulldogs

French Bulldogs are adorable, small-sized breeds. They need much care and maintenance.

They are prone to defects like dwarfism and respiratory disorders. These defects can be countered by acquiring healthy starting dogs to produce equally healthy puppies.

✅Tibetan Mastiffs

Tibetan Mastiffs live as long as 16 years and more. They are guard dogs and are extremely intimidating to strangers.

They have a muscular build.

✅Saluki

This breed is one of the swift dog breeds. They would thrive in competitions and hunting. They are also homely dogs for families and individuals.

Best Dog Foods for Breeders

7 best dog foods recommended by Vets:

● Royal canin dog food

● Bavaro

● Josera

● Purina

● Booster

● Taste of the wild

● Arion

Housing Provision For Dogs

● The kennel must be warm and comfortable, a home for the dogs and puppies. There must be absence of fear and discomfort for the dogs.

● Equipment for feeding, warmth, cleaning, disinfecting should be available as well.

● The location of the kennel should also be in close range to vets, pet shops and customers.

How Much Can You Sell Your Dogs

The prices differ with dog breeds, age and sex. After checking in on the cost of feeding among others, study the market before you set your price.

Don’t try to breed after every litter. Give the dog time and space to recover and care for the puppies.

This would allow you to care for each litter sufficiently.

Conclusion

Did this article clear your doubts on whether dog breeding is a good business in Nigeria?

Let me know your answer in the comments.

Don’t forget to share.

Read More
Grow Your Money

Crypto Investment – Newbie Guide for 2021

If you are still confused about Crypto investment, let me simplify it for you. It’s like buying stocks. How many of you have bought shares of a company before? You probably didn’t even know much about trading stocks, yet you bought stocks.

Someone helped you to buy it. Someone can also help you to buy your first cryptos or even be buying for you all the time. It’s your choice. But this group is to help you learn the basics so that you can handle most of your Crypto investments yourself.

“I have a group on WhatsApp where I explain crypto investment to newbies. Your an Join this group and have the opportunity to learn. WhatsApp have limited number of contacts that can be in a group. So, hurry to join now before it’s full.

Click this link to join my WhatsApp group 

What’s Crypto Investment?

Investors buy crypto coins or tokens to hold till the value appreciates and they sell it for profit. Some stake their cryptos or loan it through exchanges for an annual percentage return. These activities doesn’t require a daily routine like crypto trading.

At a while or at maturity, the coins or tokens can be exchanged back to stable currencies like Naira and dollar.

Cryptocurrency can be a good investment if you follow the right strategies for investment, which includes having a better understanding the crypto market. You cannot afford to start crypto investment without knowing the basics of crypto business. At this early stage of crypto market, it’s a highly profitable investment, with a long term assessment.

If you are hoping to invest now and reap it the next day you would be wrong. The shortest possible time to expect any reasonable return on your crypto investment is between 12 months and 5 years.

Crypto Investment Versus Trading

There’s difference between crypto investment and crypto trading. Although, what’s more popular and mostly advertised is crypto trading. Not much is explained about crypto investment.

Trading involves the pair for two crypto currencies or with an asset. Wikipedia summaries crypto trading as Cryptocurrency exchange that allows customers to trade cryptocurrencies for other assets. The purpose is to make quick gains, daily or depending on the duration of a trade. But in crypto investment you are not exchanging the currency for quick gain but for a long term return.

Buy to Hold Strategy

The best strategy for a newbie in Crypto is to buy and hold. This strategy doesn’t require any experience, and you can start immediately. You simply buy cryptos of your choice and hold them till when it appreciates and you sell them for profit. With as low as N1,000 you can start buying cryptos.

But for a newbie that may not be easier for you but have in mind that at least N5,000 can get you some coins. But on a professional note, I would recommend starting with between N30,000 to N100,000. Your an buy more as later too. Never stop buying. Well, as you learn more you can buy very cheaper when the coin is very new, like days or weeks old.

How to Buy And Hold

You can buy cryptos yourself. There are many crypto wallets you can use. In the last lesson I mentioned Trustwallet, Binance, Roqqu, Remitano and Crypto.com. There are so many other wallets. You will get to know more as you grow in the business.

To start buying, you learn of cryptos that are selling to buy. The wallets have features to help you buy them. You can also request the assistance of someone else who has been buying to help out for a start.

What to Buy And Hold

There are many Cryptocurrency coins available now. The most popular once are Bitcoin, Ethereum, ripples and the likes. But there are so many unpopular once. In fact, some cryptos just launched and some are yet to launch. What to buy is never in lack.

However, for a newbie focus on new coins. New coins are cheaper and has the potential to make you money as the price rises. You can purchase millions or billions of new coins at cheaper prices.

Where to Buy And Hold

New coins or shitcoins, as they are mostly referred cannot be bought from every wallet. There are different process of getting shit coins before they listed on major crypto exchanges. The number one place to buy shitcoins is TRUSTWALLET. You see why I said you should download trustwallet.

There are others but this one is very okay and simple to use. I will put a simple guide on how to download and activate trustwallet this evening for those who may issues with the process.

When to Sell Your Crypto Hold

If you are going to buy shitcoins, it’s better to buy them early. Most of these coins are released at $0.00000003, making them so cheap to buy. However, buying from Nigeria is a bit more ‘costlier’ since you can’t buy directly from your ATM card or bank. However, buying at any price around $0.000009 is still good if the coin is doing well in the market. But that would require more capital investment if you want to buy volumes.

So, if you bought at a good price, it’s upto you to decide at what price is good for you to sell. I always buy with projections. Like, if I’m buying a million coin, I’m thinking when can I be able to sell this coin. In 3 months, 6 months or 12 months? Then, I mark my selling price, either at N1 per coin or N10 or N100 or even $1 per coin. I can even mark it lower than N0.1. It depends on my coin volume.

Where to Sell Your Crypto Hold

While this maybe something you would require later but it’s also important we discuss it now. It’s a lot challenging to sell coins in Nigeria if you are just starting out. You know there’s a ban on banks by the government that stopped them from supporting Crypto trades. So selling your Crypto won’t be easy but it’s not impossible. Later, things would change but we have person-to-person (peer to peer) trading on most of the major exchanges like Binance and Remitano.

Finally, you have to make a choice to start today. If you want to buy yourself, go ahead and give it a try. If you need someone to help you out, go for it. I want to see those who are serious and would buy some coins today.

How Much It Cost to Buy Cryptos In Nigeria

Let’s analyze the cost implications of buying shitcoins in Nigeria. For most people they may feel cheated when they buy from a vendor. Yes, I felt that way in my first Crypto investment because someone helped me to buy it.

I didn’t wait till when I have known it all myself. I knew that crypto prices increased every second. I wanted in immediately. So, I used my mentor to buy my first cryptos. Although, I got some high figures, their dollar equivalent didn’t match with what I paid. At one transaction I queried him.

I felt cheated and decided to learn what he knows. I wanted to save cost for myself. However, I also faced some stack realities of what he was facing too. Although, you cannot compare the cost of buying it yourself to someone buying it for you. I will show you the difference in it.

Shitcoins Have Challenges

Shitcoins are cheap if you buy them early. But there are transaction costs as well. Sometimes the transaction cost are higher than the cost of the coins you are buying. Imagine buying a $10 coin and paying $9.80 as network fee.

That’s even the lesser challenge with shitcoins. Network fees can even be more if you are using Ethereum Network. If you don’t understand these you might pay higher than you could have paid. If you are buying it yourself, it could be a mistake you make if you don’t know about it.

When it comes to buying shitcoins, most of them ask for higher gas fees. Imagine paying over 30% of the volume of the coins you are buying as GAS FEE. Yes, in Crypto investment you pay gas fee, and it’s the major charge when buying or selling shitcoins.

The real cost issue with buying shitcoins in Nigeria is that we have little options of payment. With banks banned by government from supporting Crypto purchased, you can’t buy cryptos with your ATM card. You are not even allowed to do Crypto transactions with the bank.

So, be careful with what you do when buying Crypto, so you don’t put yourself into trouble. That’s why you need to learn first and understand many things before you start your crypto investment.

Where to Buy Crypto Yourself

Okay, it’s time to talk about do it yourself Crypto buying option. You need to know how to buy cryptos yourself. It’s nothing difficult but you will need some guide. There are also videos that can help you.

I will advice you decide first Crypto websites or apps you are going to use then learn how to use that website or app. Although, in Crypto you may need to use multiple sites and apps to operate your Crypto investment.

Your first step would be to signup to some of these websites and apps. I recommend you first register on the websites, then download the apps to use . Unless the site only has app.

Here are my selected websites and apps where you can buy cryptos in Nigeria. Note that each site or app may have certain advantages you may need. So, I recommend that you register in multiple Crypto Exchange sites. I’m registered in all the wishes I’m sharing with you here.

Trustwallet

This one is a must have. It’s just an app, and it doesn’t have a website. You can download the app on google play store or IOS store. If you are going to be in eating in new and unlisted coins you will need trustwallet.

Binanca Exchange

This one is another must have. It has both website and app. I buy most of my cryptos here. It offers Nigerians peer to peer (PP) transaction, where you can buy coins from sellers in Nigeria. Since Nigerian ATM is banned in Crypto sites, we only use (PP) transactions to purchase coins online.

Here’s the link to register for an account on this site:

Binance website link

Remitano Wallet

It’s also one account that works for Nigerians. The company is based in South Africa. One of their main market is Nigeria. So, you will be okay doing business on this platform.

Here the link to register on the Remitano site:

Remitano website link

Roqqu Wallet

It’s purely a Nigerian exchange. It as working fine before the government ban. They are trying to revive it back. It depended solely on the bank transactions and it was the best because you can easily cash out into your Nigerian bank account. They are coming back strong, so you should also get an account here.

Here the link to register on the Roqqu site:

Roqqu website link

These platforms are good for you to start. I advice that you register on these platforms today. Don’t leave for next time. If you are serious about investing in Crypto, one this you shouldn’t do is procrastinate.

Join A Crypto Group

You need to join a Crypto group to learn even more. I have a Crypto WhatsApp Group your an Join to learn more for free. Follow this link to join my WhatsApp group: 

How To Get FREE Cryptos

In the world of cryptos you can enjoy a lot of freebies. It’s only in cryptos that give aways are real. Few days ago, I woke up to 1 billion FREE coin. It may not worth anything today, but it might worth so much in the future. When Bitcoin and Ethereum started they were first giving away to people. Those free coins made so many millionaires.

My special give away was meant to help you learn and prepare you for the lessons I’m about to share with you this week. Using wallets like Trustwallet and their likes requires you know how to activate coins, buy coins through pancakeswap and swap 1 coin for another coin. If you are not following the give away, even if you don’t submit an entry, do the assignment. It’s to help you learn.

Welcome to this special lesson where I will teach you how free crypto coins work. In fact, starting from today I will be sharing opportunities to get free coins. It will be a huge bonus for joining this group. But first, let me explain how it works.

Types of Free Coin Drops

There are two types of free coin drops. There are Airdrops and Selfdrops. These are give aways from either yet to be launched cryptos or already existing ones that doesn’t have lots of holders yet.

The deferred ones are usually free, while the instant ones would cost you some tinny Network transfer fee.

Each one takes different process as well. The Airdrops requires you to do some tasks and get listed to receive the free coins at a certain date set by the crypto company. But the Selfdrops not so free instant one, which require you pay Network fee to receive it instantly, doesn’t require any task from you.

How Much FREE Coins Do You Get

If you are new in Crypto world you might be scared by the figures being mentioned – millions, billions, trillions, quadrillion, etc. I got 1 billion free coins recently. In fact, I could get up to 10 billion free if I wanted. Instead, I chose to buy 250 billion of the coin.

There’s no limit to how much coins you can get for free. There are many free coins flying around in the crypto world. Once a new Crypto is coming out, many of them do free give aways to get lots of attention and grow their holders address.

In the WhatsApp group, I will be posting many of them for you. Below are some of the recent free coins you can take advantage of now. That’s why I asked you to get *TRUSTWALLET*. If you have your wallet downloaded, now is the time to use it to get free coins.

However, you need to have a different wallet for airdrops than for your paid coins. Don’t wait to find out why. Just do as I said.

NOTE – Airdrops are also risky. It can help hackers have access to your account. That’s why you don’t just go for every airdrop you see. If you are new follow the advice of someone who knows better than you.

Click this link to join my WhatsApp group:

How To Download & Activate TrustWallet

If you have not downloaded TRUST WALLET here’s what to do now. You need an android phone with an internet.

Step 1: Go to Google play store
Step2: Search for Trustwallet (the image should look like this)
Step 3: install
Step 4: Open
Step 5: read and follow the instructions in the app to activate it

Note: It doesn’t require password or email. But it gives you some keyword phrase. Keep those keyword phrase secured. It’s your only password to access the wallet when you download into another phone or need to recover your wallet.

How to Create A Second TRUSTWALLET Account

It simple to have a second wallet inside your existing trustwallet. That’s why your wallet has name. The name is to help you differentiate one wallet from another. Now that you have named your first wallet, it’s time to create a second one and name it as well.

To start, click on SETTING at the bottom right corner of your Trustwallet. As it opens, click on Wallet and click on the PLUS + sign at the top right corner of the screen. And it will open for you to start creating a new wallet as you did the first time. Remember to also save the 12 keyword seeds. It’s a separate account. But it works together in the same app.

Steps To Buy Coins With Trustwallet

We have talked about Airdrops. You need it. It’s not every coin you should buy. More than 50 percent of the coins out there will fail. That means you will lose your money in them. Buying coins it not 100% secured investment. There are risks too. So, you need to find ways to get some for free. Like I advised, create a separate wallet for your free coins.

However, today we will be looking at how to buy shitcoins. In this case, I’m only going to address buying it from trustwallet. I hope you have downloaded trustwallet. I will advice that you also practice buying it yourself.

Here are the easy steps to follow:

✅Step 1: Download the App TRUSTWALLET and setup your wallet
✅Step 2: Purchase BNB or BSC (Binance Smart Chain)
✅Step 3: Go to DApps tab in your Trustwallet and click on PancakeSwap
✅Step 4: Change the network logo from Ethereum to Smart Chain
✅Step 5: Connect your Trustwallet to PancakeSwap
✅Step 6: Click select a currency and enter the contract address into the search box for the shitcoin you want to buy and select the coin when it’s displayed.
✅Step 7: Before swapping, click on the wheel (cog) and set slippage to the right percentage for the shitcoin.
✅Step 8: Set the amount of BNB you want to spend for the shitcoin and press the PancakeSwap button.
✅Step 9: Confirm the transaction is correct and click continue.
✅Step 10: Verify the network fee amount and total amount you are paying for the shitcoin and Confirm Transaction.

Conclusion

Starting out in crypto as a newbie may be a little confusing trying to understand how the whole process work. It’s usually easier to buy the major crypto coins, but not so easy when you have to deal with shitcoins.

But your success as a newbie starts with understanding shitcoins. Unless you have money to invest in major coins like Bitcoin and Ethereum, your starting point is with shitcoins.

Click this link to join my WhatsApp group:

Read More
1 2 3 25