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Nairaland Forum / Nairaland / General / Business / What Profitable Business Can 500k Do In Lagos? (7062 Views)
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What Profitable Business Can 500k Do In Lagos? by AyoShonubi(m): 4:31pm On Feb 26, 2013 |
I'm a young Nigerian graduate tired of looking for jobs. I have someone ready to lend me 500k to start up a business. But i'm really confused and do not know what to go into? I'm ready to start small. I'ld really appreciate workable advices and info from fellow entrepreneurs and business minded individuals. Thanks |
Re: What Profitable Business Can 500k Do In Lagos? by Nobody: 4:56pm On Feb 26, 2013 |
U can invest in printing press and telecom logistics all u hav 2 do to succeed is you and nothing bt you. Ur zeal 2 source for clients, execute job and smile 2 bank. U dnt need to trap ur money in a business u are nt sure of returns. Its a very raw industry u cud tap into with ur investment intact. |
Re: What Profitable Business Can 500k Do In Lagos? by Godmother(f): 7:07pm On Feb 26, 2013 |
My dear its better to go into d sales of "service" as against product. That way u wnt be required to spend so much. If u can u can also start frm ur home while u test the waters. Business is quite risky I must tell u. I have been into a few biz after school. I sunk a lot of moni and it went down the drain. I had to start frm d begining again. I entered d labour mkt looking for a job with a penny. So take an advice frm someone who has experienced a lot of downtime n would want to help anoda broda frm doin that. Invest d bulk of ur moni while u test d mkt 1 Like |
Re: What Profitable Business Can 500k Do In Lagos? by Konsult07(m): 8:14pm On Feb 26, 2013 |
Godmother: My dear its better to go into d sales of "service" as against product. That way u wnt be required to spend so much. If u can u can also start frm ur home while u test the watersI can't really undertand, but if you mean service, den wat kind of service are you talkin abt. |
Re: What Profitable Business Can 500k Do In Lagos? by AyoShonubi(m): 12:10am On Feb 27, 2013 |
JudismphD: U can invest in printing press and telecom logistics all u hav 2 do to succeed is you and nothing bt you. Ur zeal 2 source for clients, execute job and smile 2 bank. U dnt need to trap ur money in a business u are nt sure of returns. Its a very raw industry u cud tap into with ur investment intact.Thanks a lot for taking your time to reply. i'ld really appreciate if you could expanciate a little further so i can get u better. The Zeal to succeed is a trait i have in abundance. |
Re: What Profitable Business Can 500k Do In Lagos? by AyoShonubi(m): 12:15am On Feb 27, 2013 |
Godmother: My dear its better to go into d sales of "service" as against product. That way u wnt be required to spend so much. If u can u can also start frm ur home while u test the waters. Business is quite risky I must tell u.I guess you're the type of person i should be talking to. Someone who has had d experience. But i'ld be more happy if u could find time to shed a little more light on the services i can render. I dont mind the stress involved. |
Re: What Profitable Business Can 500k Do In Lagos? by Nobody: 12:40am On Feb 27, 2013 |
AyoShonubi: Thanks a lot for taking your time to reply. i'ld really appreciate if you could expanciate a little further so i can get u better. The Zeal to succeed is a trait i have in abundance.. The printing industry and printing require little capital to start. All u needed do is to register a business name and operate within the comfort of ur house. Its 101% service to client. You dnt really need d printing machine such as 201, cord, zord, pollar blade etc. organisations need letterhead, customise envelop, calender, banner, journal etc, questionnaire. Politician require poster, bill board etc. U get this job and outsource. U wil be surprise at the peanut used in printing this job. An average corporate job fetch u 80k to 120k. |
Re: What Profitable Business Can 500k Do In Lagos? by Nobody: 9:13am On Feb 27, 2013 |
Printing biz is •̸№t cheap τ̲̅ȍ start.And •̸№t with 500k!!So I will advise u τ̲̅ȍ go into d distribution biz which 500k can start for u.All u need is a vehicle τ̲̅ȍ distribute products given τ̲̅ȍ you on credit by d company after which u will return their own money and keep ur profit.Of which u will be given discount τ̲̅ȍ be able τ̲̅ȍ make profit since u r freelance and will •̸№t be on d companys payroll.u can make as much as 300-350 per carton and ur hardwork will fetch u recognition and discount.the products r milk,liquid and powdered tin and satchet,yoghurt drinks,and I assure u they r well known in d market so u have •̸№ fear of •̸№t selling.But u need at least 3 guarantors τ̲̅ȍ sign on ur behalf @ d company in case u abscond with their money then they are held τ̲̅ȍ pay. 3 Likes |
Re: What Profitable Business Can 500k Do In Lagos? by AyoShonubi(m): 9:42am On Feb 27, 2013 |
I really want to thank you all for this enlightenment. I never thought of those things and i'm sure many others dont. Thanks guys. I'll start making my own findings too as regards what you guys said |
Re: What Profitable Business Can 500k Do In Lagos? by jta2012(m): 4:48pm On Feb 27, 2013 |
I wl advise you to try LAUNDRY and DRY CLEANING SERVICES ,it is a virgin terrain if you know the statistics and facts at my disposal at jtaconsulting2012co@yahoo.com. thank You |
Re: What Profitable Business Can 500k Do In Lagos? by kingsleychile(m): 8:18pm On Aug 02, 2013 |
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Re: What Profitable Business Can 500k Do In Lagos? by kingsleychile(m): 8:24pm On Aug 02, 2013 |
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Re: What Profitable Business Can 500k Do In Lagos? by kingsleychile(m): 8:28pm On Aug 02, 2013 |
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Re: What Profitable Business Can 500k Do In Lagos? by kingsleychile(m): 7:17pm On Sep 29, 2013 |
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Re: What Profitable Business Can 500k Do In Lagos? by knowledge4(m): 8:26am On Oct 16, 2013 |
Set up a plantain farm on 2 acres of land.Visit the 2nd signature below for details. |
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