Hey guys,

Let's do something worthwhile today...

Something that could benefit you, me, and a whole lot of people for many years to come...

I've been thinking about this for many years...and Nairaland looks like the perfect platform to get numerous ideas.

I want everyone with knowledge & experience to (please) participate:

As a Nigerian living in Nigeria, what BUSINESS can one venture into with a capital of N50,000 - 500,000...


...that can bring in a daily profit of N10,000 - 20,000 (That's N200,000 - 600,000 per month profit)?

Any idea is welcomed; whether physical or digital business, virtual or on-site...

Let the ideas flow in!

Best if you can provide brief details of how to go about it and necessary requirements.

Thanks for your time!

(I hope & plead with the MODS to please push this to the home page - so we can get a lot of inputs, and many more people can benefit as well. Thanks)

P.S. If there's been a thread with similar stuff, kindly point me to it. Thanks

I'll go first...

A lady shared this with me a few days ago:

Shisha business in bars, hotels, or beaches.

To do this, you'll acquire shisha pots and other necessary items, then seek permission from bar/hotel owners to get a stand and sell your shisha to their customers.

You can buy 1 shisha pot for 30k...and you'll charge 1 customer 2.5k - 5k+ (depending on location & level of bar/hotel) for 2 coal.

I believe this is a nice one if you can find hangout spots where they don't sell shisha.

Activate hustling mode. Buy Keke napep (maruwa), enter road begin hustle as early as 5:30am depending on your location. Believe you me before 3pm, u don gather 5k. But e no easy, u must makeup your mind.

Hair salon
Car wash
Dry cleaning (Laundromat)
Uber/bolt driver
Selling ice block
Poultry business
Selling akara
Food canteen
Business center, photocopy, printing and scanning, lamination of documents.
Vulganizer! Yes vulganizer!!

RapportNaija:
I'll go first...

A lady shared this with me a few days ago:

Shisha business in bars, hotels, or beaches.

To do this, you'll acquire shisha pots and other necessary items, then seek permission from bar/hotel owners to get a stand and sell your shisha to their customers.

You can buy 1 shisha pot for 30k...and you'll charge 1 customer 2.5k - 5k+ (depending on location & level of bar/hotel) for 2 coal.

I believe this is a nice one if you can find hangout spots where they don't sell shisha.

Buy shisha pots directly from China less than 10k total landing cost

ameristu:
Hair salon
Car wash
Dry cleaning (Laundromat)
Uber/bolt driver
Selling ice block
Poultry business
Selling akara

pls how much can i use to start poultry business

Markswag101:
pls how much can i use to start poultry business

Depends on size, you can start with as little as 40 chicks to try out the business.

Damnnn niggar
This op like money o

Imagine ten thousand to twenty thousand daily

Remember that high returns is synonymous with high risks. Pursuit of quick money often leads to poverty. Strategy is key.

You all are funny sha. You have not even started, you are looking for a profit of 10k -20k per day?

For you to have 10k/20k profit per day after expenses, that business is not the one you will start with 500k.

Following

I am on my way to Allen Roundabout.



I will comment later.


Bye

Be like people don tell you better already

Anyways, in case you need a designer check my signature

See am....

Learning

if not transportation, livestock/frozen and consumable food(depend) forget no other business give such profit daily..


..........except you want go join Agbero to load motor..

RapportNaija:
Hey guys,

Let's do something worthwhile today...

Something that could benefit you, me, and a whole lot of people for many years to come...

I've been thinking about this for many years...and Nairaland looks like the perfect platform to get numerous ideas.

I want everyone with knowledge & experience to (please) participate:

As a Nigerian living in Nigeria, what BUSINESS can one venture into with a capital of N50,000 - 500,000...


...that can bring in a daily profit of N10,000 - 20,000 (That's N200,000 - 600,000 per month profit)?

Any idea is welcomed; whether physical or digital business, virtual or on-site...

Let the ideas flow in!

Best if you can provide brief details of how to go about it and necessary requirements.

Thanks for your time!

(I hope & plead with the MODS to please push this to the home page - so we can get a lot of inputs, and many more people can benefit as well. Thanks)

P.S. If there's been a thread with similar stuff, kindly point me to it. Thanks

Olosho. The business is Capital free! You may even make 100k per day over negotiation. The business dey cash well ooo

Bussiness is very easy on Paper.
Reality is something else.
Every bussiness listed so far have the capability to make even more than 10k daily and also higher chances of bankrupting you.
That doesn't mean you shouldn't try...
But aim lesser....
I know you want to buy Benz by January, but be easy.
Let's assume you have 1m for bussiness...
Please don't go for a bussiness that will need 1m once.... maintaining and sustaining bussiness is what you won't see from afar...
Start the bussiness with 100k,[yes,too small.... taking things slow is a lesson I learnt the hard way]
After 2 months add 100k.
After 3 months add 300k.
After 6 months add 200k.
Then after 3 months add the remaining 300k.
Your bussiness worth should be around 1.5m by this time or more.
Do a concise evaluation before adding more.

POULTRY, foodstuffs and a few other bussiness is a type of bussiness you can run that way.


I suffered alot being an entrepreneur, I was sacked from a bank and I believe in my little experience... The street will humble you...

Just take things slow... my advice.

I’m here to learn

Good day , so my thread with the same topic created in 2017 with over 30k views and 500 comment was deleted due to some reason best know to NL and their mods , so I’m creating a new one here . Basically I would be highlighting the cost of creating a website/blog in Nigeria .



[Existing bloggers/website owners should drop their website for review , I will giving you tips on how to improve your traffic , how to get google adsense and how to earn more , also sharing some useful premium plugins with you , Before you drop your url , take out time to read this piece]


The world is revolving , everything is getting digitalized , having a website for your business can not be over emphasized ,
The today’s cost of creating a website ranging from E-commerce , Blog , real estate , VTU portal , Coperate , courier, multivendor , portals and many others in Nigeria is within the range of [30,000 - 500,000] .. Kindly contact us at Kennie tech today (www.kennietech.com.ng)

Before I proceed , do you need a business website , VTU , E-commerce , Real estate .. We can help you design whichever type of website you want to create , Just reach me via the number below my signature or +2347083946059

Blogging in Nigeria

Unlike every other business , Blogging is one of the most profitable business that the economy recession does not affect , NCC recorded over 105 million active Nigerian users on the internet , which means recession does not affect blogging , regardless of how broke Nigerians are , we will still visit the internet .
Just like every business once you lack proper understanding and strategy, you end up going the wrong way .. Before i continue I'm a Web consult | Business Strategist | Business consultant | Web developer | Web manager | CEO of Kennie Tech , get in touch with us via kennietech.com.ng

Okay , Let’s continue , You will Agree with me that we have many bloggers , over millions , but only few succeed , why ?? because they understand every necessary thing needed , Mind you , Blogging is just like any other offline Business, If you are not ready to spend & investment then I'm sorry to say "You might be one of the , I want to sell my blog" Type of bloggers.

I can not guarantee how much you will be earning per day, But I can assure you , you will recover back your initial capital within a short period of time depending on your plans ..

Analysis of how to monetize your blog

After creating a blog , make sure your design is perfect , create all the necessary pages like (about us , privacy policy , contact us , e.t.c) , Opt in for the following in monetization of your Blog

1) Google adsense
2) Affiliate marketing (Depending on your niche)
3) Member subscriptions

Now , you need to blog for money , that is why you must think in a way others are not . Think like it’s a business .

According to AdSense , Nigeria is one of the country with the lowest CPC , Nigerians are not really favoured when it comes to Adsense ..for every click on your adsense account from a Nigeria User you might end up earning ($$0.01 - 0.07) But talking of countries like USA , UK , south Africa , Canada .. You get as low as ($1 - $10) depending on your niche , keyword ,search visibility , i know you are getting confused , You can call me for better explanation +2347083946059

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Imagine you have 5,000 Page view daily,
2500 from Nigeria , 2500 from Top country with High CPC from Adsense as a result of our Facebook ads and some other means lipsrsealed not disclosing
Imagine You have 100 clicks from Nigeria (Ctr 1% , CPC= 0.10)
Your total earning should be in the range of ($10 - $20)
Now having 50 clicks from Top country with high CPC (Ctr 1% CPC =$1- $2) that is ($50 -$100 ) Depending on your facebook ads Budget ... I hope somebody is smiling cheesy .. In a day you tend to earn over $60 - $70 provided , ($1800 - $2100) in a month , Now remove your adverts budget , web space fee , other payments , You should be left with at least $1000 as personal Gain ... Mind you , adsense is not the only way of monetizing your blog , But it is the major way ... Other forms of monetization include affiliate marketing , Offline adverts e.t.c , Get prepared to earn over $3000 in all ..

Here is a breakdown of how much you should be spend in setting up your standard Blog

1) Domain - Depending on your extension and country of purchase .. Either you opt in for a Nigerian Registrar or Foreign Domain Registrar , (Just like you know , Anything Nigeria is not always the Best Idea , but preferably they could be managed for a start) So , depending on your financially capability and how well you believe in this business, You can either choose between a Nigerian Registrar and Foreign Domain registrar ..
Talking of Foreign Registrar .Com ($10 - $15) depending on the registrar, I recommend www.Godaddy.com. you can check out their pricing list
Talking of Nigeria Registrar .Com (3500 - 4500) depending on the registrar as well , for Nigeria , i recommend www.whogohost.com
Now , after buying your domain , Congratulations , you are now a CEO ,

2) Get a WordPress Hosting Plan , like stated above , you have to choose between a foreign Hosting registrar and Nigeria as well (For a Nigeria Hosting plan be prepared to experience downtime , your website might go off for couple of hours without any tangible reason) For a foreign Registrar I recommend www.bluehost.com ($2.5 -$7 per month) depending on your website purpose , I have over 10 websites with them and perfectly fine , for Nigeria , I recommended the same www.whogohost.com (400 -2500)

Incase you need a foreign host , I have a blue-host business pro shared hosting , I can help you host your website for 10,000 - 15,000 per year depending on what your website is about
I can also help you make payment for foreign transactions

3) Development & Design - After getting this two, approach any Good WordPress Develope like me , Trust me a professional wordpress designer (SEO optimized ,easy AdSense approval , Mobile friendly ) will charge you nothing less than (#30,000 - #250,000) Depending on what you want, But you can contact me for further details +2347083946059.. .


4) Get AdSense - Google Adsense is no doubt the most reliable and used monetization program , you can be rest assured that you are definitely getting paid for everything you earn . Getting google adsense might be tough which is why you need a very good developer that understand the concept like me

5) Extra ways to get income. -Register for some affiliate marketing programs , Employ Good Content writers and watch as your investment grows !! .. I hope i was able to inspire someone , Drop a review about Me here if this post was helpful

https://www.nairaland.com/6775085/thread-meant-client-reviews-testimonials

I’m Web designer| social media strategist | Business strategist | Business Consultant ...Drop ur blog URL , I would give an overview of blog( pros and cons ) , would also give you some free advice to increase ur traffic and rank higher in searches . You can reach me via the number below my signature or +2347083946059

Visit my website to read some useful tips www.kennietech.com.ng
Let me share few screenshots

Skull mining

Most average legit longterm business gives you an average of 20% of invested income monthly..

500k × 20% = 100k / 31 days = N3,225 daily..(excluding expense)

EG - Uber
Cost of car - 2.6m
2.6m × 20% = 520,000/31 = 16,774 daily × 7(week) = 117,000k approx
- Uber fee 25% = 29,500
- Fuel - 49,000
- Driver remittance - 25,000
- Driver take home - 13,500

E.G - Minibus
Cost of bus - 1.2m
1.2m × 20% = 240,000/31 = 7,741 daily × 7(week) = 54 approx.
- Driver remits - 30,000
- Driver takehome - 24,000

The onus now lies on you to save your own part in recovering your capital.

In conclusion, any business can fetch you that amount daily, it depends on the capital invested. To comfortably get 20k profit on a business daily, you need an upward of 5m capital investment.

I'm waiting for motivational speakers to come and tell us how they started with 5 loaves of bread and 2 sardines but now own 2,000 supermarkets worldwide

Olosho... They make 20 to 30k per day with God free gift.

Lol. Go into graphics printing

Fashion and designing.
I'm a tailor and I can tell you for free that if you know your work well, you can earn double of that daily.
The days the money flow well will cover for the days it didn't flow.
Only that epileptic power supply won't let us concentrate.

I know some people who don't live on the island most especially around obalende would not know the importance of selling agbo, that business dey boom...

Majority of Lagos workers branch with their tie on their neck to take agbo before going home..

That's one of the business with low capital and very high return