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Nairaland Forum / Nairaland / General / Business / As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? (38531 Views)
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Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by whatofyou: 2:26pm On Feb 02, 2015 |
How many days to election? Buy a clean used motorcycle from one of these our northern brothers that is travelling home for the elections-- they usually sell at a-too-good-to-be-true price. Then be diligent in the cycling biz; also find a place where you will be hauling bags of cement, poultry feeds et c. for a retail shop. You won't believe the speed at which billions will come knocking! Or Dig a hole in the ground, bury the money with a cup of faith, and watch a money making tree emerge! Time is unspecified by you, though; feel free to thank me later. 1 Like |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by verygudbadguy(m): 2:40pm On Feb 02, 2015 |
Buying and selling. I am not going to mention any commodity in particular but do a little survey on ur area nad find that commodity that is not common but highly needed. Take for instance, u stay around a female hostel, u can go to the Lagos Island market and buy female wears in wholesale and sell in bits. With that, u can make as much as double of ur capital in a month if u are consistent. U can bit the 1 million turnover by the end of 6 years if u are focused. All the best! NB: To all of u saying 40k is too small, a drop of water forms a mighty ocean. 2 Likes |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by iphedahyor(m): 2:41pm On Feb 02, 2015 |
lolzzz.......so I should share my idea with you for free abi abeg try another jazz 1 Like |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by teddyflexz: 2:42pm On Feb 02, 2015 |
iykepromotions: pls how does this work? |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by redsun(m): 2:42pm On Feb 02, 2015 |
Try netting business in Lagos. Buy fish nets from some place in island and turn them bathing spounches that could be supplied to different convenient stores in Lagos. It is quick returns for a small kickoff,but it requires serious commitments. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by 360command: 2:43pm On Feb 02, 2015 |
No amount of money is quite low or high to start a business but the truth is when starting a business, you must set aside goals, obejectives and vision... You must have a passion for it.. from your statement, it seems you do not have the skills, talent to even propel on a business you plan to venture or what people might tell you to do... anyway, i could try by giving some business ideas which you should try and swallow pride... converting 40000 naira to millions of Naira?? it could be possible but you need patience and smartwork.. 1) Open a HOTDOG kiosk or business..I see everybody doing Sharwama .. but nobody has thought of doing Hotdog.. get your bread ready, sausage and creams, vegetables, and prepare for anyone who wants to buy... Come out with a good packaging, a new style... be neat.. business is about style... 2) Khebabs and sausage selling.. we are all used to the regular suya(cow roasted meat) we eat often, You can simply do away with that and probably go into selling khebabs and sausage(roasted sausage).. trust me , if you taste roasted sausages, u wont go for the regular suya we need.. NOTE: this comes with packaging.. you must twist it into a fine way, rebrand yourself, rebrand what you sell as people are not usedto seeing this things around us .. Lets go agric.... buy raw produce from farmers,and add value to it.. buying oranges, bananas, tomatoes, mangoes; by using solar fruit drying process, packing n selling them off in markets,super markets...at higher prices than what the ripe fruits cost... A solar fruit dryer is about 100 dollars.. ..... you can decide to emulate other pre-existing business you can do with 40000 naira... There are other methods online... but even at that,its not easy as you still have to get yourself noticeable on various search engines which comes with experience... and if you are not patient enough, you will forget it... 11 Likes 3 Shares |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by tony1980: 2:44pm On Feb 02, 2015 |
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Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by winnieG1(m): 2:45pm On Feb 02, 2015 |
if you had up to $1000 equivalent, i would av told u to invest it in m3fund manager, they are doing well. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by madridguy(m): 2:46pm On Feb 02, 2015 |
demsid: Please I am willing to know. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by DaPhilosopher(m): 2:47pm On Feb 02, 2015 |
iykepromotions: Goodluck ko, Jonathan ni! Yeye dey smell! na so una dey use computer age they collect people money! Oga go enjoy ursef! i'v helped som pple by telling dem not to fall for dt 2k trick. Ire ooo 1 Like 2 Shares |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by Nobody: 2:50pm On Feb 02, 2015 |
rossyc:Hmmm ...when ronneyboy, a trustworthy and credible dealer sells 1gig for 1100...? Na im be say u go use ur own stream tom and jerry cartoons when expiry date don reach. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by 360command: 2:52pm On Feb 02, 2015 |
verygudbadguy:A drop of water can never form a mighty ocean neither can a tree make a forest... Do not come here and speak trash... 2 Likes |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by MZdamola(f): 2:58pm On Feb 02, 2015 |
Joshkid:What's wrong with Nairaland, I'm killing boredom with d site.. 1 Like |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by Godmother(f): 2:58pm On Feb 02, 2015 |
hofn: It just involves you becoming a distributor. You buy a lorry of it and distribute to market women. There's an association of such distributors. A friend of mine is into the business, although its quite difficult getting in sha. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by verygudbadguy(m): 3:01pm On Feb 02, 2015 |
360command: Maturity is never bought, u earn it. 1 Like |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by emmykk(m): 3:04pm On Feb 02, 2015 |
Is difficult with 40K, 1.but how about if you cook fried rice,salad,fried meat and sell in a busy place. 2.buy cantons of Gala and sell in traffic... 3.Be a newspaper vendor.just buy table and inquire how to get all the papers. 4.sell engine oil.just the kioks and your oil. 5.buy fuel in jerry can and sell at day/night These will not make 1M,when your grow it to like 100k mention me... Dont forget to vote for jonathan 3 Likes |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by Nobody: 3:06pm On Feb 02, 2015 |
Richy4:pls,is it adviceable or reputable for a graduate to do this photocopying bussiness in a university environment?expecially the one she graduated from? |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by felifeli: 3:06pm On Feb 02, 2015 |
Sell ganja ! 1 Like |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by orch119(m): 3:08pm On Feb 02, 2015 |
Eugenedimgba: ABEG BRO... HELP ME WITH RONNEYBOY NUMBER. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by iykepromotions: 3:08pm On Feb 02, 2015 |
DaPhilosopher:one thing is that not everyone will be rich in life some people will still be walloping in poverty despite the resources under their control or reach. i don't need to further argue with you because from your signature and your understanding so far, your mentality is surprisingly low. try to refresh it |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by zenith4biz(m): 3:10pm On Feb 02, 2015 |
Do not despise the day of small beginning Would you like to venture into engine oil and kerosene business? Look for an area with good population but without petrol station Buy kerosene like 200 litres 200 x 140 = #28000 Buy engine oil of #6000 Total of #34,000 Do you know you can sell the kerosene within three days Assuming you decide to add #10 to the cost price #10*200 = 2000 That means you would be having a profit of #4000 from kerosene every week At the end of the month you have #12k If you continue to reinvest your profit, your business would grow to the point where you would need suppliers. Selling data alongside your kerosene business is also encouraging, here you don't need to buy data, place the advert and look for a reputable data seller or Nairaland e.g wolexy or rooneyboy. When customers comes for data, place an order through them. If a sells 1 gig for #1100 you can add additional #100 to make your own profit. If you have five customers in a day that's #500, in a month that's #8000 without spending a dime To God be thy glory 5 Likes |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by rotimilax(m): 3:10pm On Feb 02, 2015 |
xynerise:Could you tell us how,please? On both topics that is,fishery and poultry farming. Thank you very much |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by bettercreature(m): 3:11pm On Feb 02, 2015 |
Its not possible this days,its only possible if you dont spent out of the profit any business worth doing will surely cost most than 40k Thats $200 lol |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by aloeplant: 3:11pm On Feb 02, 2015 |
Contact through my profile details you get best out here from me . Regards |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by Nobody: 3:12pm On Feb 02, 2015 |
[quote author=demsid post=30356930]u fit sell cigar? gain they there but people no know. if you want to know how to go about it quote me[/quote I want to know |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by verygudbadguy(m): 3:12pm On Feb 02, 2015 |
enkay4love: Most business owners in Unilag and surrounds graduated from the school. It's the same reason a student who graduates from Unilag takes up a lecturing job in the same unilag. Close ur eyes to whatever thing that can distract you and focus on what you want to achieve. IMPOSSIBILITY IS NOTHING 2 Likes |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by Nobody: 3:13pm On Feb 02, 2015 |
orch119:08036998597 |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by 360command: 3:16pm On Feb 02, 2015 |
enkay4love:for you to do this, you need a permit. Especially if you are setting such business in the school college or faculty. But,it is good if you do it from the school you graduated from as you were once a student there. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by Lachynos2k2(m): 3:18pm On Feb 02, 2015 |
take 39k and buy a used photocopying machine and then photocopy the remaining 1k as many as u want..if ur hardworking you can achieve a million in a day. |
Re: As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? by rotimilax(m): 3:20pm On Feb 02, 2015 |
iykepromotions:I've heard about this before. Can u share how u did it with me,please? Thank you very much 2 Likes |
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