Urgent-i Need Business Ideas With 500k

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Date: October 14, 2008, 08:05 PM
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Nairaland Forum  |  General Discussion  |  Business (Moderator: FOD)  |  Urgent-i Need Business Ideas With 500k
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Author Topic: Urgent-i Need Business Ideas With 500k  (Read 424 views)
topeorekoy (m)
Urgent-i Need Business Ideas With 500k
« on: October 16, 2007, 02:03 PM »

please i need ideas and suggestions to start a business. i have 500k but want to start up the business in ijebu ode ogun state. thats where i am from.

i work in a bank and am trying to set up a business of my own and finally retire to go into the business fully.

I had these business plans in mind but i need other plans so as to weigh my option

ICE BLOCK MOULDING (THERE IS ALWAYS A PARTY EVER SATURDAY)
RENTAL
JOINT (BEER AND PEPPER SOUP)
BOUTIQUE
hedgesfun (m)
Re: Urgent-i Need Business Ideas With 500k
« #1 on: October 16, 2007, 02:53 PM »

Hello Tope, I know this may sound stenge to you and you may be wandering if am not out here just to take your money but i want to tell you NO
Well if you don't mind I have a business idea though it is an online business but it is a great one and I tell you its a massive business idea that will surely generate as much as $1000 profit on a dailly basis this is the minimum we can get and I give you that gurantee if you don't mind then call me and lets discuss it or betterstill we can meet over this my email is hedgesfun@gmail.com or phone number 08037151485.
I hope to hear from you soon take care.
topeorekoy (m)
Re: Urgent-i Need Business Ideas With 500k
« #2 on: October 16, 2007, 05:44 PM »

i have done alot of online and i havent seen the result yet. am talking about real business.
ibkn (m)
Re: Urgent-i Need Business Ideas With 500k
« #3 on: October 16, 2007, 05:51 PM »

for the first time am meeting a fellow Orekoya on nairaland. from where?
okay your ideas are cool but they might have some flaws.
meanwhile your closeness to ago iwoye is a blessing as you can exploit it to your advantage.
how???
you are a gunner 4 life?
then set up a  theme joint on arsenal called the pub. you can think of iseas on billing your peeps
ciao
akadang
Re: Urgent-i Need Business Ideas With 500k
« #4 on: October 16, 2007, 05:51 PM »

@topeorekoy,

Thanks for ur response.

The fear of online biz is the beginning of wisdom. Grin

I'm keeping an eye on this thread because it sounds interesting. Can do such for my people back home too
topeorekoy (m)
Re: Urgent-i Need Business Ideas With 500k
« #5 on: October 17, 2007, 11:01 AM »

Quote from: ibkn on October 16, 2007, 05:51 PM
for the first time am meeting a fellow Orekoya on nairaland. from where?
okay your ideas are cool but they might have some flaws.
meanwhile your closeness to ago iwoye is a blessing as you can exploit it to your advantage.
how???
you are a gunner 4 life?
then set up a theme joint on arsenal called the pub. you can think of iseas on billing your peeps
ciao

AM FROM IJEBU IN OGUN STATE.

I TOT OF AGO-IWOYE. GRADUATED FROM THERE. AM TAKING THE CULT ACTIVITIES INTO CONSIDERATION. I'LL DO A SURVEY about THE PLACE AND KNW WHAT TO DO. AND SECONDLY WHEN THE SCHOOL GOES ON VACATION, WHAT HAPPENS TO THE BUSINESS? I GUESS SCHOOL BUSINESS IS SEASONAL. I'LL THINK about O.S.U
Mc Omo (m)
Re: Urgent-i Need Business Ideas With 500k
« #6 on: October 18, 2007, 06:01 PM »

@Topeorekoy

too much info already  Cool

now we hardly need to do a google search on Orekoyas  Grin  Grin
Phydas
Re: Urgent-i Need Business Ideas With 500k
« #7 on: October 18, 2007, 06:55 PM »

    Your   first idead  about  iceblock making  machine is  a good  one.   The  point  is  , given  the  epileptic nature  of  Nigerian  power  system,    ice  block  seems  to be  the easiest  way to  keep  water and drinks  cool in  most cities.  You ,cost  is  way  reduced,  you just need water,  a power source and thats  all. It kind of mean  something tome because  today I  was  checking out  some of these machines here in china( the  102nd chinese  commodity  fair is on now).

If  you can't  get the iceblock making  machines now, get  some  deep freezers and  do it  the local way till  you raise enoughmoney to get it.  It  might  look simple    but once  people know you are there,  you will marvel at what you will be making on daily basis. I started  it  for  my aunt in Feb. Now  she wants  an iceblock making machine.   Digest this for now, I will give  you further ideas  on some  practical  things  you can do with  that money.  Other members  here are also contributing  useful advise as well.
lucyc (f)
Re: Urgent-i Need Business Ideas With 500k
« #8 on: October 19, 2007, 07:40 AM »

You have to make a research first of all to know which business is perfect for  the area where you are living.I live in china and their trade fair is going on now,i will help you only when you come up with an idea of the kind of business you want to do.
omogidi234 (m)
Re: Urgent-i Need Business Ideas With 500k
« #9 on: November 01, 2007, 08:06 PM »

Topsy, I was going to begin to download some stuff on feasibility study until I saw what lucyc wrote. I salute her. I have had cause to post one or too things on different threads today and my position has been that you have to be different. You don't do things becoz everybody is doing it. Now, making money is a function of solving people's problem. You can make more money when you solve these problems in an usual way. Not this one everybody is doing pure water and you rush to it, bottled water and you rush into it. My advice, you can spend 100k out of the 500k to do research and feasibilty study. Find out what people need in not only your area but the whole of Ogun State and noboby has been able to provide answers to. I will give you an example. Somebody recently did a feasibility study and found out that 75% of generating sets made all over the world end in Nigeria. (Now he went round all the 6 abi na 5 continents- You may not have to do that) and entered into the Biz got cheaper and better Generating sets- Your guess is as good as mine. He is making big pay. Please do your home work well.
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