Are you thinking about how your investment plans can improve Nigeria’s entertainment industry? Do you believe entertainment is one of the most lucrative sectors in Nigeria? This article will definately wow your expectancy ratio in terms of entertainment business,
Without doubts, many Nigerians have found their rhythm within the entertainment industry and this clearly indicates that entertainment is one of the surest paths to wealth in Nigeria. Recently, we observed that many Nigerian entrepreneurs haven’t invested in entertainment and in order to convince you that entertainment is much more profitable than you can imagine, we have come up with the top 4 entertainment businesses for Nigerian entrepreneurs.
A substantial number of Nigerians engage in film distribution but the ridiculous point of this is that many of them run the business with little or no expertise. If you believe you have sufficient capital to set up this business, I guess you have the glaring chances of rolling in huge turnover. There is a steady increase in the number of marketers in Nigerian cities such as Alaba and Onitsha. By investing in film distribution, you can have a mega wholesale outlet through which films will be supplied to small-scale marketers in bulk. If effectively managed, this will surely yield you substantial returns.
Considering the rate at which Nigerians watch films, film production has become an obvious opportunity for a Nigerian entrepreneur to maximize his wealth. However, one of the shortcomings of Nigeria’s film industry is that there are only few mega film producers in the country. Meanwhile, this serves as a great opportunity for a passionate entrepreneur to cash in on film production and become a leading contender. And if you would like to invest in this business, be certain that you can afford to engage the services of talented scriptwriters and seasoned actors/actresses.
Record label is one of the entertainment businesses that thrive substantially but sadly, many Nigerian musicians seem to have debased the idea. Regarding the number of Nigerian pop stars who run individual record labels, you should agree that this entertainment business (of owning a record label) has been trivialized in Nigeria. To make record label an interesting entertainment business, Nigerian entrepreneurs need to establish record labels and sign upcoming artistes to them.
Nigeria’s entertainment industry is fast growing but again, it is quite saddening that many people are not investing in Talent Agency. Nigeria boasts of many wealthy entrepreneurs but only few of these personalities are committed to helping aspiring artistes to achieve their dreams. Many young and talented Nigerian artistes have been defrauded by illegal individuals who falsely claim to be `music promoters’. If you’re keen to pump some part of your massive wealth into entertainment, then Talent Agency is one of the entertainment businesses you can venture into.