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The Fastest Way To Make Money In Nigeria (part 1)

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josediccus
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Quick one, this is a clickbait (if it wasn't, I'd be rich) because it's probably one of the best ways to make anyone open the link of a blog post.

I'm sure a lot of people had at one point in time typed this search phrase on Google and probably ended up on a betting site embedded in the pop-up ads in the landing pages they've initially clicked. Or probably they get caught up in a porn site.

At the end of the day, the owners of the websites that crafted the clickbait eventually wins. They've earned their money by selling these porn websites and getting you to click on them.

Mostly the parties involved wins, while you the one in the middle, continues the endless search about how to make money online, clicking and ending the pages and repeating.

In web2, the parties involved wins, except you

However, this post is not bait,

the title might be, but I'm going to tell you something exciting and humorous about making money in Nigeria. A lot of people here have bastardized the act of making money making it seem like a very easy feat.

In reality, I feel like if there was a secret way to make fast money, the first person to discover it wouldn't extend it to the hands of the public, but firstly their family, their friends, and maybe their associates and at the end of the day, there wouldn't be any spots left for outsiders to even occupy.

To me, this is the first red flag of "potential quick money" scheme.

A lot of quick money scheme in Nigeria is Ponzic in nature, which means one person is always going to be robbed to make another person rich.


One of the biggest selling schemes in Nigeria is affiliate marketing.

Why is this?

In the original sense, affiliate marketing is earning a commission by selling a product, but in Nigeria, most wannabe affiliate marketer, packages e-books with the most attractive ways of making money and recruits some series of WhatsApp warriors to sell these e-books to people who are searching for ways to make quick online either online or offline.

Now, the reason is there are no valid products to sell other than cheeky and clever packaging and this is why they need people always sell these e-books because it offers no real-life value and solves no problem.

When An Affiliate Product Can't Solve A Problem, What Is the essence?


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The problem with these books is that they're very tricky.

They first tell people why wealth is good and why poverty is bad, then they paint a picture of the things you could accomplish by being rich and they refer you to buy the second edition of the book if you truly want to be rich.

In most cases, the imagery of wealth being portrayed in the first book pushes people to buy the second edition.

This second edition can be titled, "how to be a Bitcoin millionaire in 3 months" only to buy and open it and see that they've written the history of Satoshi and not actually the key to making the billions they promised.

Then at the end, they put the link to the e-book and ask if you want to be a supplier and sell the book, with some commission for selling the book They just sold to you.


Seeking Wealth But Becoming A Seller Instead


Laughable right?

At this juncture some people who bought these books would reluctantly agree to sell the ebook, hoping they could make back their money and even more. So it's going from a potential millionaire to a seller, and the cycle continues.

A small fraction of sellers goes ahead to make some decent money by using their persuasive skills, to cajole their friends and family to buy these books while some others end up frustrated.

The problem is, a lot of people are not providing products that really solve a problem, so there is really no product to sell. A lot of people would rather prefer to have plugs for whatever products they're selling.



Interested in some more of my works?


Reviewing A $400 Samsung Galaxy A72 (photos Included)
Hive's Scalability & The Compromise Of Commitments
Money: The Consequences Of Making The Right & Wrong Decisions
The Nigerian Economy: Monopolizing Incompetence
The Experiential Process of Understanding Money
A Case Of Theft On Hive: Here's Why Some People Choose Scam.

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