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Make Money Designing And Manufacturing Electronic Products - Business - Nairaland

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Make Money Designing And Manufacturing Electronic Products by Electropreneur: 10:33am On Oct 18, 2021
Today, one thing that's common with all of us is that we all want a job or start a business to earn money.
However, with Nigeria ever growing population, all sources of making money are being quickly captured, resulting in a cut throat competition in every sector.

It's reasonable to stand out and make a way out from this stiff competition only if you can master an area and are able to create a monopoly.
Among most lucrative fields, Electronics manufacturing business is probably one such business where you can expect some good money, provided you are equipped with all the know-how required for the startup .

There are lot of electronic products that can be manufactured and sold in the relevant markets as they are always in demand.
Be it Rechargeable lamps, Bluetooth speakers, solar Inverter, ups, LED signage or surge protectors.
Manufacturing these items and selling is surely a lucrative business.

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Re: Make Money Designing And Manufacturing Electronic Products by Electropreneur: 10:51am On Oct 18, 2021
The following steps are crucial in setting up Electronics manufacturing business :
1. Acquire Knowledge

The desire to learn electronics in the hope of making it a career is dying in this country. Examine the threads about profitable skills on nairaland and you won't find Electronics design skill.
Generally, we all know Electronics is not dying because everything in your hands is based on electronics.
Even though the Chinese had no knowledge of technology, some 60 years ago, they sent their students overseas to acquire knowledge in every field and are now at the forefront of advanced designs. They've taken over and dominated the market in many areas that the mechanical and electronics industries are their complete domain.

The whole purpose of this thread is to teach you basic electronics that will enable you to design simple and wonderful electronics and start making money immediately.
Re: Make Money Designing And Manufacturing Electronic Products by Electropreneur: 12:47pm On Oct 18, 2021
2. Master an area :
There are a host of electronic products which you can produce and start making money immediately. Mastering a single product design will provide you with a better chance of fairing among the many vying competitors.

You can specialize in the production of Rechargeable bulbs as most of the ones designed by chinese manufacturers are not reliable because they easily get damaged and prevent consumers from enjoying their hard earned money.
Re: Make Money Designing And Manufacturing Electronic Products by Electropreneur: 12:57pm On Oct 18, 2021
3. Provide constant Electricity :
Because of the epileptic power supply in the country, you'll need a reliable source of electricity to ensure non-stop production.
With 18AH 12v battery, 12v 40watt Soldering iron (the one that operates directly on 12v battery) and a 20w solar panel, you are good to go.

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