Hello fellow nairaland,I just passed out from nysc. After here what to do? So far so good,I have savings of 700,000. What business do you advice me to start? Please I need your advice please

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So many others if only you SIT DOWN TO THINK.
you didnt mention what u studied or your kind of flair but you want us to give you ideas that can only work with certain personalities....
If you understood your purpose in life then you would not ask for IDEAS for business.... because it would be burning in you... even if it is motivational speaking.. you could write n sell books on KINDLE from the comfort of your home.


You are a graduate, Nigeria need solutions from u.
I celebrate u

Thank you paddy. I graduated as a mechanical engineer.

Supply business: garri, Palm oil, FMCG, etc.
I can partner with u to establish market for u in Kaduna.

Hehe poster above sha... yhur blood dhey hot .

https://www.nairaland.com/4126389/join-n1billion-plantain-farming-processed

This same Cooperative formula was what brought China to the current world economic position they occupy today.


Thousands of Nigerians in self-determination to do the unthinkable and unusual, are signing up to join our Cooperative Society.


Our mission is to create jobs and open windows of business opportunities for Nigerians through our multi-billion naira Co-operative farm investment projects.


Projects include:


1. Dressed, Frozen and Packaged Chicken Processing Plant 

2. Animal feed processing

3. Hectare of Plantain  cultivation

4. Cocoa powder processing


The question people asked me, how is it possible to get N1billion from the local citizens?


Very simple, based on individual financial  status, a token of either
N5,000

N10,000

N50,000

N100,000 

Will be acceptable as investment funds from 100000 sponsors, whether they are within Nigeria or in diaspora.


The total figure we want to achieve is N1,000,000,000 (One Billion Naira Only)


How will you do that and is it achievable?


Yes, it's the most easiest thing to do as a registered Cooperative Society whose mission is to Engage, Educate and Empower people towards securing a sustainable future.


What can N1billion do?


** It can acquire hectares of arable farmland for Plantain cultivation.

** It can acquire machineries and factory equipment for food processing business.

** We can engage in Cassava processing.

and many money workable business.


Is this a ponzi scheme or MLM business?

No, it's not a Ponzi scheme. It's being regulated by the Ministry of Commerce and industries. We do not promise investors 100% unbelievable ROI.


What do I stand to benefit when I invest my funds?

Profits will be openly declared and shared accordingly to all members depending on the return-cycle of the agro business we ventured into. We have a return window of 3, 6 and 12 months, depending on the particular farm category we are engaging in at the time.


How do I register as a member of the Cooperative Society?

Visit us here: 
www.billionnairaproject.com

Nairaland thread:
https://www.nairaland.com/4126389/join-n1billion-plantain-cultivation-cocoa

Telegram
Billion Naira Project

Whatsapp:
08037356291

poka7:
Hello fellow nairaland,I just passed out from nysc. After here what to do? So far so good,I have savings of 700,000. What business do you advice me to start? Please I need your advice please

We are here for you. Your #700,000 can currently give you an average of #35,000+ monthly return investing with us after performance fees. And if you want an average monthly return of more than #364,044 after 48 months of your investment with us, you can do so using compound interest in your investment with us. This means after 4 years of your investment with us using compound interest, you will be getting a average monthly interest/income of more than #364,044 assuming you decide to start withdrawing your monthly interest. This will be possible as long as we stay under our working risk of 5-10% of your capital, and the maximum permissible risk of 30% to your capital. Note: we are doing everything possible to stay under 10% risk to our potential investor’s capital.

At 5% average monthly returns using compound interest without withdrawing funds from your account, your #700,000 will grow to more #7,280,889+ in 4 years time (48 months).

How is it possible to turn #700,000 to #7,280,889+ in 4 years?

It is possible through the power of compound interest as explained below.

Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be added to the principal is called compounding.(I.e you decide to add the earned interest to the initial principal in the investment going forward)

Monthly compound interest formula
We are using monthly here ,since we are talking of monthly returns.
The formula for Monthly compound interest, including principal sum, is:
A = P (1 + r/n) (nt)
Where:
A = the future value of the investment, including interest(returns)
P = the principal investment amount (the initial deposit amount)
r = the monthly interest rate(returns) in decimal.
n = the number of times that interest is compounded per month (in this case once or one time)
t = the number of months the money is invested
Note that this formula gives you the future value of an investment, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this:
Total compounded interest = P (1 + r/n) (nt) - P
Or simply
Total compounded interest =A-P
Let's look at an example
Compound interest formula (including principal):
A = P(1+r/n)(nt)
If an amount of #700,000 is invested with us and we return a monthly interest rate (returns) of 5%, the value of the investment after 48months (I.e 4 years) can be calculated as follows...
P = #700,000. r = 5/100 = 0.05 (decimal). n = 1 (since we are compounding it once a month. t = 48.
If we plug those figures into the formula, we get:
A = #700,000(1 + 0.05 / 1) ^ (1(48)) = #7,280,889
So, the investment balance after 48 months (4years) is #7,280,889
Methodology
Step-by-step explained, how we get the #7,280,889. This all revolves around BODMAS and the order of operations. Let's go through it:
A = #700,000(1 + 0.05 / 1) ^ (1(48))
Using the order of operations we work out the totals in the brackets first. Within the first set of brackets, you need to do the division first and then the addition (division and multiplication should be carried out before addition and subtraction). We can also work out the 1(48). This gives us...
A = #700,000(1 + 0.05) ^ 48
Then:
A = #700,000(1.05) ^ 48
The exponent goes next. So, we calculate (1.05) ^ 48.
This means we end up with:
#700,000× 10.401269646942109782178152880917
= #7,280,889
You may have seen some examples giving a formula of A = P ( 1+r ) ^ t . This simplified formula assumes that interest is compounded once per period, rather than multiple times per period.

We have the best currency trading team here to assist you in building your #700,000 to over #7,280,889 in 4years (48 months) (you will be getting an average monthly interest/income of more than #1million assuming you decide to start withdrawing your monthly interest after that) and helping you live the life you deserve even without a job. You can give us a trial.

This is the best structured, secured and transparent savings/investment you will ever find in this forum. No lock up period on your savings/investments and you can withdraw or close your account anytime. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum. If you are using ecurrency payment system, it takes 5 mins to the ecurrency payment systems then you can then make instant withdrawals to your Nigerian Bank account using Nigerian trusted e-currency exchanges. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your savings/investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your savings/investment anywhere you are in the world 24/7 using any internet enable device. Deposits/withdrawal are 100% controlled by the investor (We only have access to trade your account through the trading platform and not given access to withdraw). You are free to test us with any amount you can comfortably risk before saving/investing fully with us. Statement of account sent to your email daily. working risk to savers/investors capital is 5-10% risk and maximum permissible risk to savers/investors capital is 30%. Visit the link below.

https://www.nairaland.com/3901897/currency-trading-journal-target-avg

Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status.

https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide
https://www.nairaland.com/3931027/4-ways-avoid-investment-scams

Eddodoh:
Supply business: garri, Palm oil, FMCG, etc.

I can partner with u to establish market for u in Kaduna.

I like the sound of this, please can you throw more light on this or check my signature for my WhatsApp line? Thanks

Eddodoh:
Supply business: garri, Palm oil, FMCG, etc.

I can partner with u to establish market for u in Kaduna.

Good day

Please I need your contact let's talk business.

Thanks

owelle22:

Good day
Please I need your contact let's talk business.
Thanks

zero--seven-zero-three-seven-eight-seven-nine-three-nine-six

Skyfornia:


I like the sound of this, please can you throw more light on this or check my signature for my WhatsApp line? Thanks

I sent u a chat via Wjatsapp

I have an investment I am into. it's a registered company. started since April. I get as much as 2.9% profit of my investment daily. you can chat me up on WhatsApp for proof and how it operates. i have been able to recover from my lost in Ponzi. 0*8*1*1*2*9*0*0*8*6*5.