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What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily - Business - Nairaland

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What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 7:53pm On Jul 26, 2016
I have a friend that said he need a business that will be generating minimum of 500 for him daily..

He stays in Orile asix.
Virtually all known business is around his environment..
He just resigned from his place of work .
He want to be managing the business himself....


Pls bail him/me out. Cos what u advise him you are indirectly advising me

NB. I have my own little business, but this my friend is not buying my ideas
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Sunnymatey(m): 8:08pm On Jul 26, 2016
Recharge card in bricks.
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by FreeWorld23: 8:11pm On Jul 26, 2016
Sunnymatey:
Recharge card in bricks.
bricks or bulk? Explain pls
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 8:30pm On Jul 26, 2016
Sunnymatey:
Recharge card in bricks.
Pls explain, multiple seller of cards are in my environs... to be Frank, his mum is a seller.
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by jamex93(m): 8:52pm On Jul 26, 2016
Carmal90:
I have a friend that said he need a business that will be generating minimum of 500 for him daily..

He stays in Orile asix.
Virtually all known business is around his environment..
He just resigned from his place of work .
He want to be managing the business himself....


Pls bail him/me out. Cos what u advise him you are indirectly advising me

NB. I have my own little business, but this my friend is not buying my ideas


A computer business center

But if he can't run the biz

He should pls lend me d money I will give him 150 in return
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 9:27pm On Jul 26, 2016
jamex93:



A computer business center

But if he can't run the biz

He should pls lend me d money I will give him 150 in return

Sorry sir, I don't think he will do that , and if he ever thought of doing that I will advise him not to..

The guy just resigned from work today, he was lamenting like that is the end of d world.i persuaded him to start with what he had saved, I tell him about my Can's business he told he did not like it, reasons am asking for a way out for us, cos what u advise him might motivate me as well.

5 Likes 1 Share

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by natakin(f): 9:39pm On Jul 26, 2016
You can invest in UK based crowdfunding...am actually into it for 2 months now and its gives me 500 t0 550 naira every day...
please whatsapp only....08120510330
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 9:57pm On Jul 26, 2016
natakin:
You can invest in UK based crowdfunding...am actually into it for 2 months now and its gives me 500 t0 550 naira every day...
please whatsapp only....08120510330


Pls is it genuine?? Expantiate
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by jamex93(m): 11:42pm On Jul 26, 2016
Carmal90:


Sorry sir, I don't think he will do that , and if he ever thought of doing that I will advise him not to..

The guy just resigned from work today, he was lamenting like that is the end of d world.i persuaded him to start with what he had saved, I tell him about my Can's business he told he did not like it, reasons am asking for a way out for us, cos what u advise him might motivate me as well.




Pls make inquiry about the business before u conclude
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Nobody: 5:51am On Jul 27, 2016
Your friend should start a laundry business. It's very easy to start and the return on investment is way above 500 daily. Before you ask me how, I'll put down links to the guide articles here: http://www.nextnaijaentrepreneur.com/laundry-business/

Also, here is an article on top 20 lucrative small business ideas for anyone to start. Your friend will find this very informative and helpful: http://www.nextnaijaentrepreneur.com/lucrative-small-business-ideas/

To get other business ideas or appear as a featured entrepreneur in my online magazine, the leading online entrepreneurship magazine in Nigeria, check my signature.

Good luck!
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 6:32am On Jul 27, 2016
delivite:
Your friend should start a laundry business. It's very easy to start and the return on investment is way above 500 daily. Before you ask me how, I'll put down links to the guide articles here: http://www.nextnaijaentrepreneur.com/laundry-business/

Also, here is an article on top 20 lucrative small business ideas for anyone to start. Your friend will find this very informative and helpful: http://www.nextnaijaentrepreneur.com/lucrative-small-business-ideas/

To get other business ideas or appear as a featured entrepreneur in my online magazine, the leading online entrepreneurship magazine in Nigeria, check my signature.

Good luck!


Thanks for your input,i don't think laundry business will be a good business in my environs, we are in slum environment,

But thanks for your input.
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Nobody: 6:54am On Jul 27, 2016
Carmal90:



Thanks for your input,i don't think laundry business will be a good business in my environs, we are in slum environment,

But thanks for your input.

You can take your pick from any of the other 20 small business ideas then...One thing is, it is your determination to succeed that makes you money, not necessarily the business idea. So make up your mind, look around you, find problems people have, bring the solution, rinse and repeat. You can also make money using your hobby. whichever you decide, good luck!

1 Like

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 7:30am On Jul 27, 2016
delivite:


You can take your pick from any of the other 20 small business ideas then...One thing is, it is your determination to succeed that makes you money, not necessarily the business idea. So make up your mind, look around you, find problems people have, bring the solution, rinse and repeat. You can also make money using your hobby. whichever you decide, good luck!

Thanks boss, would have backed the laundry business cos am also eyeing the business but not in my environs, it is very rare u hear of where can I get agabafo in my area...we are ajepako....but thanks anyway

1 Like

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by mrsage(m): 7:32am On Jul 27, 2016
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 7:39am On Jul 27, 2016
mrsage:
https://www.nairaland.com/3198075/profitable-business-start-15000-naira

This may help

Thanks sir, I was one of pioneer of the group, the business is fantastic that I have started making arrangements to start then, I just decided to check the availability of d nylon from my environs cos we have a market in my area , to my surprise I saw four good nylon making shops in nooks and crannies of where am thinking to build mine...

What amazes me was tge fact av been staying in my area for close to 20 years and I did not notice anything like nylon production
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by chrismex(m): 2:34pm On Jul 27, 2016
That's my what's number chat me up you will make more than that with comfort you would thank me later 08135278603
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Nobody: 7:25pm On Jul 27, 2016
Carmal90:


Thanks boss, would have backed the laundry business cos am also eyeing the business but not in my environs, it is very rare u hear of where can I get agabafo in my area...we are ajepako....but thanks anyway

Ok
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Stella42(f): 7:50pm On Jul 27, 2016
If he has passion for fashion, he can as well start small by investing in second hand wears popularly known as okrika or akube... He'll make about 2k per day depending on your area and determination. For instance, since he's a young man, he can start with men polo shirts Bale which consists of round neck shirts, V-neck shirts, polos as well as jerseys. He will be using less than 100k to start.
Check my profile for more details.
#mytwocents

1 Like

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Titto93(m): 10:39pm On Jul 27, 2016
barbing saloon
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by frisky2good(m): 11:30pm On Jul 27, 2016
Titto93:
barbing saloon
Really? Are you in that line of business?

1 Like

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 7:35am On Jul 28, 2016
Titto93:
barbing saloon


It can't work, enough burning salon in our street alone, if he want to move outside our street, he will need more capital
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by abbeyforex(m): 8:05am On Jul 28, 2016
Carmal90:
I have a friend that said he need a business that will be generating minimum of 500 for him daily..

He stays in Orile asix.
Virtually all known business is around his environment..
He just resigned from his place of work .
He want to be managing the business himself....


Pls bail him/me out. Cos what u advise him you are indirectly advising me

NB. I have my own little business, but this my friend is not buying my ideas


BUSINESS OF ADDICTION is okay. With #35,000 ,he can be selling airtime to those numerous airtime sellers as a major distributor or he should add #5000 to make #105,000 for 3 accounts and there he goes. Learn more here: (https)://goo(.)gl/pxJyDz ,just remove the brackets
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by oriosan: 8:46am On Jul 28, 2016
Based on your description, I think these would work in your area.

-Game shop
-Viewing centre
-Betting shop

7 Likes 2 Shares

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 1:10pm On Jul 28, 2016
abbeyforex:



BUSINESS OF ADDICTION is okay. With #35,000 ,he can be selling airtime to those numerous airtime sellers as a major distributor or he should add #5000 to make #105,000 for 3 accounts and there he goes. Learn more here: (https)://goo(.)gl/pxJyDz ,just remove the brackets

How can he be selling to them I.e the airtime seller as a major distributor
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 1:14pm On Jul 28, 2016
oriosan:
Based on your description, I think these would work in your area.

-Game shop
-Viewing centre
-Betting shop

Thanks, the only visible and rewarding for him on d list is game shop....but with what he has 100k cannot do it..

All other businesses is saturated in my area
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Joshua8694(m): 2:11pm On Jul 28, 2016
he should go into mini - importation, that's what i do, I import from China right from my room.
check my signature
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by bolaji73(m): 3:12pm On Jul 28, 2016
Stella42:
If he has passion for fashion, he can as well start small by investing in second hand wears popularly known as okrika or akube... He'll make about 2k per day depending on your area and determination. For instance, since he's a young man, he can start with men polo shirts Bale which consists of round neck shirts, V-neck shirts, polos as well as jerseys. He will be using less than 100k to start.
Check my profile for more details.
#mytwocents
madam Stella, don't know why you haven't been replying my text on whatsapp. I want to venture into this business as a new bee hence I need to get lot of clarification before I jumped into it. Also I asked for your shop's address, yet there was no reply. But why na. Please, help a young man. I'll be resuming back to school soon. If possible, resume with my stock. But you are making it difficult.
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Akayshittu: 3:20pm On Jul 28, 2016
Carmal90:

Thanks, the only visible and rewarding for him on d list is game shop....but with what he has 100k cannot do it..
All other businesses is saturated in my area

I want to advice that if truly he is interested in the Game centre business, the 100k can still do something.

I don't run that business myself but my belief is that any business you are interested in, you can start with the little capital with you.

Just start with a version of the business that that amount could float.

There is hardly any rich man that has all the capital at once to start is business. Everybody started small. There are numerous examples. Otedola, Dangote, Mike Ade-ojo (Elizade) all started with what they have.

Don't let your friend hold on to that as an excuse for not starting.

Besides, if he starts big and there is an issue, he will fall big and vice versa.

2 Likes

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 6:45pm On Jul 28, 2016
Akayshittu:


I want to advice that if truly he is interested in the Game centre business, the 100k can still do something.

I don't run that business myself but my belief is that any business you are interested in, you can start with the little capital with you.

Just start with a version of the business that that amount could float.

There is hardly any rich man that has all the capital at once to start is business. Everybody started small. There are numerous examples. Otedola, Dangote, Mike Ade-ojo (Elizade) all started with what they have.

Don't let your friend hold on to that as an excuse for not starting.

Besides, if he starts big and there is an issue, he will fall big and vice versa.


Not that he doesn't or we doesn't, I have this business in my mind base on my street population, but to rent a shop is more than 100k in my area, d only visible thing now is if we can join hands and float d business, though am not a fan of such move.... anyway thanks
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by DZTech1: 12:36am On Jul 29, 2016
First, it would be nice to know the area- State and lg.
It'll also help to know what training and skills or talents he has. And his family status- single, married, kids, dependent siblings or parents, etc.
With 100k you must work from home, unless you have other assets.
If you have a car, delivery from your (cheaper) area to more affluent residents will work- food, drinks, frozen foods, small appliances, local fashion, etc.
Without mobility, importation of electronic accessories might work. Or just buying from main markets like computer village, ladipo, etc.
With access to a small space, ict training, even a table tennis setup or other board games, with ready drinks form a mini entertainment spot. Add dstv and ur good to go.
But most of the above require constant monitoring and frugal living for an extended period. The best thing is to focus on Fast Moving Consumer Goods-because man must wak.
Goodluck.
Carmal90:



Not that he doesn't or we doesn't, I have this business in my mind base on my street population, but to rent a shop is more than 100k in my area, d only visible thing now is if we can join hands and float d business, though am not a fan of such move.... anyway thanks

2 Likes

Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by Carmal90(m): 12:57am On Jul 29, 2016
DZTech1:
First, it would be nice to know the area- State and lg.
It'll also help to know what training and skills or talents he has. And his family status- single, married, kids, dependent siblings or parents, etc.
With 100k you must work from home, unless you have other assets.
If you have a car, delivery from your (cheaper) area to more affluent residents will work- food, drinks, frozen foods, small appliances, local fashion, etc.
Without mobility, importation of electronic accessories might work. Or just buying from main markets like computer village, ladipo, etc.
With access to a small space, ict training, even a table tennis setup or other board games, with ready drinks form a mini entertainment spot. Add dstv and ur good to go.
But most of the above require constant monitoring and frugal living for an extended period. The best thing is to focus on Fast Moving Consumer Goods-because man must wak.
Goodluck.

Orile asix,lagos state
Single.
We have thought of table tennis and snooker games, we studied it will move in my area if d space is available, but right now to rent a mini shop will gulp more than that 100k he is having...
Thanks
Re: What Can He Do With 100k And Will Be Generating 5 Hundred naira Daily by efizy123: 1:51am On Jul 29, 2016
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