Hello House,

I need your candid advise on what business I can do with 10 million naira. I have been able to save this money over the years and I don't want to waste it anyhow, I need to engage in a form of business asap.

I ventured into poultry farming last year but so far, it looks like its NOT a profitable business.

Please advise....

I would advice you to open an event centre. if properly planned you can make it real big. note: with an even tent of capacity of 1500.

Beware of fraudstars who would soon drop their phone numbers for you to call them

Hello olaopts,

Consider this:

Split the capital into four (4) equals.

Invest one in real estate (property where you can access land with complete documentation and employ the services of a professional property manager to develop it).

Invest a second portion in a financial asset like mutual funds or fixed income to earn an average of 10-14% per annum depending on the asset class.

Then, for the last two portions, look inward and consider a line of business you understand and have passion for. There is no substitute for knowledge of that business line and passion. Knowledge ensures you are able to manage, monitor and build the business, while passion keeps you strong and going, even when there is no profits atimes (because in business world, profits do not come ALL THE TIME). For this business that you are interested in, put half of the capital earmarked for the business in starting it and put the other half in your bank account (you could place it in 3 month treasury bills which you could roll-over quarterly as you wish). This is because, you may likely lose the first half of the business capital in setting up the structure and learning the ropes of that business at the initial stage and when you hit a road-block, you can then fall back on the capital in Treasury bills to pull through. Most start-up capital are like seeds; they must die first, before they can grow. The other half in treasury bills will help you water your seed if and when need be. As the business grows, you can plow some retained income into your property development project.

So in summary:

Invest in an affordable property development
Invest in a financial asset
Invest in real sector business (with the second half of the business capital in Treasury Bills).

Visit www.angelstartups.com.ng and sign up for free as an Investor to be advised on the real sector business to consider, while having access to many start-ups to consider. And for your investment in Treasury Bills, visit www.angelstartups.com.ng/fixedincome.

Regards.

AS

Angelstartups:
Hello olaopts,

Consider this:

Split the capital into four (4) equals.

Invest one in real estate (property where you can access land with complete documentation and employ the services of a professional property manager to develop it).

Invest a second portion in a financial asset like mutual funds or fixed income to earn an average of 10-14% per annum depending on the asset class.

Then, for the last two portions, look inward and consider a line of business you understand and have passion for. There is no substitute for knowledge of that business line and passion. Knowledge ensures you are able to manage, monitor and build the business, while passion keeps you strong and going, even when there is no profits atimes (because in business world, profits do not come ALL THE TIME). For this business that you are interested in, put half of the capital earmarked for the business in starting it and put the other half in your bank account (you could place it in 3 month treasury bills which you could roll-over quarterly as you wish). This is because, you may likely lose the first half of the business capital in setting up the structure and learning the ropes of that business at the initial stage and when you hit a road-block, you can then fall back on the capital in Treasury bills to pull through. Most start-up capital are like seeds; they must die first, before they can grow. The other half in treasury bills will help you water your seed if and when need be. As the business grows, you can plow some retained income into your property development project.

So in summary:

Invest in an affordable property development
Invest in a financial asset
Invest in real sector business (with the second half of the business capital in Treasury Bills).

Visit www.angelstartups.com.ng and sign up for free as an Investor to be advised on the real sector business to consider, while having access to many start-ups to consider. And for your investment in Treasury Bills, visit www.angelstartups.com.ng/fixedincome.

Regards.

AS

Thank you so much. I'll look into these options.

olaopts:
Hello House,

I need your candid advise on what business I can do with 10 million naira. I have been able to save this money over the years and I don't want to waste it anyhow, I need to engage in a form of business asap.

I ventured into poultry farming last year but so far, it looks like its NOT a profitable business.

Please advise....

What do u hv passion for? There re a lot of things u can do wt 10mill or even less. Follow ur passion.
For d poultry farming, maybe u weren't guided well. A lot of pple re making it in dt area.

olaopts:
Hello House,

I need your candid advise on what business I can do with 10 million naira. I have been able to save this money over the years and I don't want to waste it anyhow, I need to engage in a form of business asap.

I ventured into poultry farming last year but so far, it looks like its NOT a profitable business.

Please advise....

You most likely over look so many things before going into poultry production... It's a money spinner no doubt but you must understand the business before you venture into it...

lf you don't mind,you can go into yoghurt production..But while you are still thinking of the best option for your self,come invest the money in my bank .we will give you good percentage. Thanks.

You have to think of a business you are interested in. I will suggest you invest in sachet water production if it interest you. You know people will continue to drink water till eternity.
If interested you can contact me for feasibility studies a d business plan.

Thanks.

Let's talk baba

olaopts:
Hello House,

I need your candid advise on what business I can do with 10 million naira. I have been able to save this money over the years and I don't want to waste it anyhow, I need to engage in a form of business asap.

I ventured into poultry farming last year but so far, it looks like its NOT a profitable business.

Please advise....

Kindly view this thread.. with 1 quater of that money you can start up a farm, if you're lagos based I'll train your ataffs, and introduce you to the ready buyers of the weaners, then with time you can expand at will, or simply invest in rabbit cartel and earn with comfort. Rabbitcartel also offers services such as farm setups and management. Check my signature for info details

In order not to stress yourself so much about what business is good, you can just invest in real estate. Buy land and resell later. You can also buy farmland and plant crops on it, come back after a year and smile. Am a real estate consultant, if you need a farmland or property in either Oyo state, ibadan, ogun, abeokuta, or lagos state, call or whatsapp https:///2348068506972