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Day 33 – 30 Aug: 7 business tips from the No Loose Guard housemates – BBNaija

News
30 August 2024
Get ready to spice up your business game with fiery tips from the No Loose Guard housemates, featuring essential advice on consistency, self-investment, smart risks, and more!
business tips

The No Loose Guard housemates aren’t just stirring up drama on Big Brother Naija – they’re serving up some seriously spicy business advice! From the secrets of consistency to the importance of self-investment, here’s how these housemates are dropping knowledge bombs that could transform your business game.

1. Consistency is key

Consistency is the backbone of success, and several housemates are shouting it from the rooftops:

  • Topher: “Consistency is really a secret weapon in business.” The mantra here is simple but powerful: show up, deliver, and repeat. It’s about building trust and reliability over time.
  • Kellyrae: “Consistency is key.” Consistent effort is not just important; it’s essential. The more steady you are, the more your business will stand out.
  • Nelly: “Consistency is the key to a successful business and hard work always makes sure you work with passion.” Consistent work, combined with passion, creates a recipe for success.

Consistency might sound like a broken record, but these housemates are making it clear—it’s the secret sauce to thriving in business!

2. Invest in yourself

Before you go big, go inward. Investing in yourself is the ultimate game-changer:

  • Ben: “Always invest in yourself first.” Personal growth is the best foundation for future success. Your skills and well-being are your greatest assets.
  • Shatoria: “The best thing to invest in is yourself.” Self-investment isn’t just a recommendation – it’s a necessity for long-term success.
  • Anita: “Don’t go into any venture blindly. Research and consult as much as you can.” Equip yourself with knowledge and skills before diving into new ventures.

When in doubt, remember: investing in yourself pays the best dividends.

3. Smart investments 

The housemates have some sizzling tips on making your money work for you:

  • Tjay: “Save, dream, plan, invest, give. Never do pyramid schemes. Always buy real estate.” Play it smart – avoid schemes and put your money into tangible, appreciating assets like real estate.
  • Farme David: “Keep investing. Buy land or property if you have money. It appreciates.” Real estate is a classic choice for long-term financial security.
  • Michky: “Investments are the major business advice that would bring generational wealth.” Think ahead – your investments today can set up future generations for success.

Think of investments as your ticket to building lasting wealth and securing your financial future.

Watch Onyeka's hustle in the house: 

4. Embrace risk and challenges 

Taking risks can lead to big rewards, and these housemates are all about that bold move:

  • Onyeka: “If you don’t take the risk, you would never know if it would have worked or not.” Don’t let fear keep you from seizing opportunities.
  • Chizoba: “Take risks and invest. With every risk taken and good or bad investments made is an opportunity to learn.” Risks come with lessons—embrace them and grow.
  • Sooj: “Tough times will come, just be prepared to thug it through,” he says.
  • Kassia: “It will not always be rosy, but never give up. Try to improve on your skills.”

Risks might seem daunting, but they’re the gateway to discovering new opportunities and learning valuable lessons.

5. Diversify and collaborate

In a world where one stream of income isn’t enough, expanding and teaming up is key:

  • Wanni: “One stream of income is never enough.” Diversify your revenue sources to protect against financial instability.
  • Ocee: “Collaboration is the new word for competition.” Working together can lead to greater success than going it alone.

Think beyond the basics – diversify your income and collaborate to create more opportunities.

6. Create value

Adding value is the secret to staying relevant and thriving in business:

  • Ozee: “As long as you continue to create value, you will always be in demand and your business can thrive.” Focus on delivering value to keep your business in the spotlight.

In a crowded market, creating real value is your ticket to staying ahead and keeping your business in demand.

7. Know your market

Understanding your audience is crucial for making impactful business moves:

  • Handi: “Study the audience very well before you enter the market.” Know your target market inside out to tailor your offerings effectively.

Do your homework and adapt your strategies based on what your audience needs and wants.

Big Brother Naija No Loose Guard is now live on 24-hour channels 198 on DStv and 49 on GOtv. Fans across Africa can sign up on the streaming service Showmax. DStv and GOtv subscribers can use their MyDStv or MyGOtv apps to manage their accounts or vote when voting opens. Stay plugged into Biggie's world on our website and be part of the #BBNaija gist on  InstagramFacebook, X and TikTok.