waywardpikin:
Gotta book this space. Make I dey learn small small

EDITED: Chai na second page I con end up. Izzay pity!

misreal:
please I am an undergraduate that thinks business.how do I register my business name.

deltateam:


Any graduate that tells you he isn't into any business because of capital probably has ego issues or lacks foresight. How do I mean? Okay read on.

Truth is not every graduate has someone to offer them financial assistance yet if you tell yourself the truth there are businesses you can start with #1000 or less. Pure water, gala etc Name them. You can raise enough capital with this and diversify into another business.

In a place like Lagos or any location like stadium, convention arenas, rallys, market etc where crowd is gathered can form your location.
A bag of pure water is #60 distribution price. Selling at #10×20 sachets nets you #200 . #200-#60=#140. Selling 10 bags in a day is #1400
#1400×20 days = #28000 gross profit.
Assuming your expenses are #200 per day× 20 days= #4000 in a month

Final net profit = #24,000

With time you can add gala to your purewater.Did I mention the water must be chilled cold and you should leave house at 6:00am to return by 6:00 pm. Ensure you are armed with enough money for change and expend it with wisdom.What I gave is just an estimate. Its very possible to sell even 20 bags of pure water in a day as long as its cold and your location is crowded with people. In that case #48000 or more is yours per month. Do this within a year and omo you can start another business and become the next Dangote.

Now it's on record some graduates are being paid #10000 or less as monthly salary.Compare it with my analysis and that of op and tell me why this topic hasn't made front page yet.

anonimi:
Lalasticlala, Ishilove & Seun FYI too.

Bolade005:

You're right to a point but bro, business is not mathematics where u can just add up profit and loss. There will be challenges and setbacks. You should know that.

anonimi:


Yes there will certainly be challenges and setbacks but one can, with a lot of DISCIPLINE and forebearance, always turn any obstacle to a stepping stone of opportunity.

The main challenge most of us face is the temptation to start spending our profit [and even small capital] instead of contiuously ploughing back at the initial stage till we get gradually comfortable.

Resisting that temptation, in the form of social pressure, is the greatest challenge!

Bolade005:

I opened a thread to educate people but it turned out I'm the one getting educated by intelligent people.

A young businessman has to disciplined in the beginning, he has to be frugal and not just spend money as it flows in. I read a quote somewhere that "Anybody that cannot save, such a person is not ready for greatness".

Bolade005:

You're right to a point but bro, business is not mathematics where u can just add up profit and loss. There will be challenges and setbacks. You should know that.

anonimi:


Yes there will certainly be challenges and setbacks but one can, with a lot of DISCIPLINE and forebearance, always turn any obstacle to a stepping stone of opportunity.

The main challenge most of us face is the temptation to start spending our profit [and even small capital] instead of contiuously ploughing back at the initial stage till we get gradually comfortable.

Resisting that temptation, in the form of social pressure, is the greatest challenge!

Rooneyboy:



U are soo right bro , one of the easiest ways to deal with this problem is to do away with irrelevant friends (drunks) and women.

These two things are big time setbacks.

# I'm a living proof

anonimi:


Bro we are all getting educated via this your inspirational thread. Is it not said that-

- Iron sharpens iron.

Thanks, bro.

omoteamac:
Bolade005...please send your contact to my email address...mtygodwin@yahoo.com....I need your assistance about something

Bolade005:

I would do that.

LaurelP:
@deltateam are you into the purewater business you're advocating? Pls how did u start and wat were the challenges you faced? Pls share

anonimi:


What is there to share beyond what he wrote already?

If there are SPECIFIC aspects you do not understand, point them out so he/someone else can clarify!

Simple!!!

LaurelP:


Oga if you're into the business tell us how u started and the challenges you encountered.

If you're not, allow the person to whom the question was directed to tackle it. Or are you deltateam?

Bolade005:

Bro, pure water business is a relatively easy business to delve into and the capital needed to start is also on the small side. All you need do is to find a pure water factory and then find market for the product. Locate people who sell it and supply them.

Pure water business is easy. I'm not into it but I know someone who is into it. I'm adding bottled water to my business soon.

LaurelP:


Thanks bro.
Location matters a lot I know.
So what location is your friend using?
And is he using coolers or freezer to chill the water?
Pls don't mind my inquisitiveness

Bolade005:

Bro, pure water business is a relatively easy business to delve into and the capital needed to start is also on the small side. All you need do is to find a pure water factory and then find market for the product. Locate people who sell it and supply them.

Pure water business is easy. I'm not into it but I know someone who is into it. I'm adding bottled water to my business soon.

deltateam:


Locate people who sell it and supply them? Oga o. When they can easily get them from the pure water companies themselves who supply with vans.

Am talking about supplying to consumers direct not supplying to someone that supplies to consumers and waiting until they request another supply. Its different from your beer business.

2 ways to go about it are ;

1. Buy from those companies usually when you see them with their vans collect their numbers.Call them when its needed and buy then put in freezer. Finally hawk it around, usually in the market not residential areas where people have refrigerators.

2. Buy from those who buy from those that supply in vans.Option 2 is usually the best where your house is far from market and you don't have constant power supply.Usually price may be a bit higher like #100 but then you are assured of it's coldness and the fact they are usually near to market. You buy, sell, buy, sell off and continues...

Bolade005:

Not everybody have the time to go to factory. Some appreciate it when u can do that and just deliver it to them.

It's all good any which way.

deltateam:


I don't know your location but in my place every pure water factory have vans and they move about supplying to whoever wants to buy in bags. Nobody has to go to any factory, the factory comes to you by transport.