There is this prestige that many Nigerians have with being
called graduates. Most young Nigerians who want to build a career only think of
white collar jobs and you can’t secure one if you don’t have a university
degree or a Higher National Diploma from a recognized polytechnic in Nigeria . The
examination body responsible for preparing students to gain admission into
Universities and Polytechnics in Nigeria is the Joint Admission and
Matriculation board (JAMB) while the various Universities and Polytechnics
conduct separate examinations to admit deserving students into various
department through an aptitude test known as Universities/Polytechnics
Matriculations Exam also known as Post UME.
Market Opportunity
There are at least 1.7 million Nigerians who would want to
take the 2014 Jamb/UTME examination and majority of them lack sufficient
experience or knowledge on how to prepare for these examinations. An experienced
tutor/instructor who understands how the process works from time of
registration till admissions and eventual matriculation stands to gain a lot especially
in the big towns and cities all over Nigeria . In some cases intending
JAMB takers (JAMBITES) pay as much as N5000 per month to prepare for 4 subjects,
imagine if you had 40 students to teach per month, that would be N200,000 to
say the least.
Challenges
But it a good idea always sounds good until it’s tested. There
are many challenges you’ll face such as suitable location as many students tend
to judge a prep center by its location which is not easy to find. If you’re
using under a tree or behind someone’s house it makes you look like a quick
buck. Also you’ll have to deal with examination touts and mercenaries as some
of them might want to poach your students into patronizing them. It’s common
these days to have people waiting for already answered questions sent to their
phones in the exam halls thanks to touts who may give your business a bad name
if you’re not careful.
Business Strategy
There are several strategies you can adopt to make money for
yourself apart from charging fees. You can sell handouts, JAMB scratch cards and key points for
your students to study at their own leisure time. Another strategy will be to
have both morning and evening classes. Morning classes could start by 9 am and
end by noon Mondays to Fridays and 10 am till noon on Saturdays while evening
classes could run from 4 pm till 7 pm Mondays to Fridays and 4 pm till 6 pm on
Saturdays or probably give Saturdays off for evening classes depending on your
capacity. As stated earlier you’ll also need a good location like a shop space
in a busy neighbourhood or very close to a university/polytechnic area or where
there are many secondary schools. This is just a marketing strategy to put you
close to the students.
Requirements
You’ll need to have one subject teacher who is really good
at each subject. For instance someone can specialize in chemistry and physics,
another teacher may take biology and geography, another might take Maths, while
literature and English can go to another teacher. You pay your teachers per
class taught like say N500 per class with each class lasting for 1 hour.
Start-Up Capital
Rent – N60,000
Stationery (Marker board, pens, textbooks etc) – N50,000
Furniture (10 benches and desks) – N80,000
Generator set – N20,000
Others – N20,000
Total – N230,000
Conclusion
The business is not for everyone as you need to have a
passion for teaching and an eye to hire good teachers. There are many graduates
of colleges of Education who are unemployed and many of them would be glad to
teach for a small fee. Overall it’s your reputation that will sell your
business for you so strive hard to make it work well for you.
Very helpful
ReplyDeleteIf teachers are being paid 500 naira per hour(I.e one can pay teachers around 5k daily for both morning and afternoon), how much will the students pay per month?
ReplyDeleteReally do teachers handle 10 classes a day? But it's more about the total amount received (total number of enrollments is a factor here) than how much each student is paying.
DeleteThis is insightful. Thanks
ReplyDeleteOne criteria you first focus on tutorial business is location very important
ReplyDelete