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Nairaland Forum / Nairaland / General / Business / Help Needed! What Business Can I Set Up With 5m Naira (8901 Views)
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Re: Help Needed! What Business Can I Set Up With 5m Naira by Koval12(m): 2:45am On May 15, 2017 |
kanzjude:Am in Lagos |
Re: Help Needed! What Business Can I Set Up With 5m Naira by cifo1145(m): 7:31am On May 15, 2017 |
Good Morning it seems mostly everyone here is giving a stereotype idea(betting) so in this world of advance science and IT no one could think of a better business idea that could be of more benefit to the consumer and the provider (OP)....I'm not saying the bet business ain't lucrative in quote but how many bet shop owners can boast of #1m profit in a month with an Investment capital of #5m. I'll advise you to weigh options...I have 3 major service related business u can start n be assured of at least #500k monthly with the kind of capital u have...but there are some facts u need to place down for me to know which one will best suit you when we discuss feel free to whatsapp me on 09033964822..... Regards. 4 Likes 2 Shares |
Re: Help Needed! What Business Can I Set Up With 5m Naira by cifo1145(m): 7:38am On May 15, 2017 |
Hello nairaland. I am a graduate in my mid twenties. I recently resigned from my place of work after saving up some money to start up a business. The big dilemma here is the business to venture into. I honestly don't know any business that can guarantee me about 100k monthly. I have been able to save up over 5m. I need your sincere advice. Help a friend please. Thanks. Good Morning it seems mostly everyone here is giving a stereotype idea(betting) so in this world of advance science and IT no one could think of a better business idea that could be of more benefit to the consumer and the provider (OP)....I'm not saying the bet business ain't lucrative in quote but how many bet shop owners can boast of #1m profit in a month with an Investment capital of #5m. I'll advise you to weigh options...I have 3 major service related business u can start n be assured of at least #500k monthly with the kind of capital u have...but there are some facts u need to place down for me to know which one will best suit you when we discuss feel free to whatsapp me on 09033964822..... Regards. |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Taeewo(m): 8:15am On May 15, 2017 |
Koval12:Bet9ja dont need agent in Lagos state anymore except u prefer other state or rural part of Lagos wic cant be favourable as its still developing.. . 1 Like |
Re: Help Needed! What Business Can I Set Up With 5m Naira by OdaNobunaga(m): 9:15am On May 15, 2017 |
tugrow: Bro. I will like to know more abt this type of business, can u drop ur no. so we can talk on watsap. |
Re: Help Needed! What Business Can I Set Up With 5m Naira by aubventure: 2:23pm On May 15, 2017 |
Koval12: Contact me: 07030939487 |
Re: Help Needed! What Business Can I Set Up With 5m Naira by joshkke(m): 11:00am On May 17, 2017 |
Koval12: I mean Co-producing a Nigerian Film. Risky but worth taking. I produce and direct films. 1 Like |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Dollabiz: 11:10am On May 17, 2017 |
Binary options 1 Like |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Abbey1987: 12:24pm On May 17, 2017 |
tugrow:Baba abeg let's discuss on the garri processing |
Re: Help Needed! What Business Can I Set Up With 5m Naira by deribigbe(m): 2:03pm On May 17, 2017 |
Koval12: Check my signature, I have an ideal I want to share with you |
Re: Help Needed! What Business Can I Set Up With 5m Naira by connectomega: 3:10pm On May 17, 2017 |
Starting a business with 5m, especially as a beginner in business, is not advisable. People may tell you all manner of things but when you venture into it, you may regret it. #5m is starting big, and businesses that start big don' t last. You worked very hard for this money, why not go for a business you can start with, say 200k and keep the rest. In business, expansion is more important. When the business starts growing, then you can add more money with caution. Pick up a pen and write down the businesses you're passionate about, your area of strength, businesses with higher demand, goods and services that customers are not satisfied with and are complaining, and many other areas. After doing this you'll know where to start from. Food business, for example, is fast selling. If you know you cannot keep money, that is, something might whisk it away from you, tie down a portion of it in real estate. Finally, don't get carried away by fancy business plan. As we both know, Theory and Practicals are not the same. Don't hurry into any business no matter have lucrative it may look. Wishing you the very best 08160009959 18 Likes |
Re: Help Needed! What Business Can I Set Up With 5m Naira by tugrow(m): 9:06am On May 18, 2017 |
To all who needs information about garri processing, it a very lucrative business, and it a business you can't loss, If you don't have enough money to start, you can start by renting a farm land , in your area and plant cassava, so you can make enough money to buy some garri processing machines In my area now garri is 26k a bag Please cos of time Drop your whatsapp number let me add you to the group For full info from professionals Thanks 6 Likes |
Re: Help Needed! What Business Can I Set Up With 5m Naira by iyoha240: 9:37am On May 18, 2017 |
tugrow: 08166277765 1 Like |
Re: Help Needed! What Business Can I Set Up With 5m Naira by iyceconcept: 12:07pm On May 20, 2017 |
tugrow: 08034433358 |
Re: Help Needed! What Business Can I Set Up With 5m Naira by iyceconcept: 12:17pm On May 20, 2017 |
Shugadpuna: Please explain more about affiliate marketing? |
Re: Help Needed! What Business Can I Set Up With 5m Naira by tugrow(m): 12:29pm On May 20, 2017 |
iyceconcept:added |
Re: Help Needed! What Business Can I Set Up With 5m Naira by codedprince20(m): 9:55pm On May 20, 2017 |
08069621751 |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Maximus85(m): 10:13pm On May 20, 2017 |
Koval12: Which such a huge fund. Go into Commercial agriculture. Plantain farming, Pork, Banana etc Can you part just 100k with me? Its all i need to fund my stationeries business. It will help me start importing stationery Items from china. I have a market already. I don't mind paying back with interest. 2 Likes |
Re: Help Needed! What Business Can I Set Up With 5m Naira by MONITZ: 12:19am On May 21, 2017 |
secure: Really? |
Re: Help Needed! What Business Can I Set Up With 5m Naira by milkytins(m): 6:49am On May 21, 2017 |
tugrow: 08068998735 |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Shugadpuna: 7:12am On May 21, 2017 |
iyceconcept:Check my signature |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Sobandemojisola: 9:49am On May 21, 2017 |
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Re: Help Needed! What Business Can I Set Up With 5m Naira by dotcomnamename: 10:03am On May 21, 2017 |
My brother, how many ears do you have? You have two eyes right? You worked very hard and saved your N5,000,000 right? You recently resigned your place of work and you don't want to make a big mistake with that 5,000,000. 1. Ignore those ideas of betting shop, gari, online, bla, bla, bla. 2. Go back to drawing board, and start hunting for another physical job just like the one you resign from. 3. Find a reputable real estate agent, buy 2 plots of land or 1 with 2,000,000 or 3,000,000, before you make payment make sure you get a property lawyer, or contact omonile lawyer on nairaland to help you make a research on the plots, 4. Keep the remaining 2,000,000 or 3,000,000 in your bank account. 5. Keep hunting for job and if you find one again, keep working and keep saving. Be addicted to saving. 6. Keep saving, keep saving, then buy another plot using the same method. You will be surprised. 2 Likes |
Re: Help Needed! What Business Can I Set Up With 5m Naira by THANKSGIVING17: 2:14pm On May 21, 2017 |
Dollabiz: Pls can u talk more on that,thanks. |
Re: Help Needed! What Business Can I Set Up With 5m Naira by ayofimihan(m): 4:20pm On May 21, 2017 |
dotcomnamename: What kind of bleeped up idea is this. Op please do not listen to this. 3 Likes |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Ayus34(m): 5:11pm On May 21, 2017 |
Koval12:Dont gamble with Ur money,go into agro processing,with a good marketing plan,u re good to go....to know more about agroprocessing, u can contact/whatsapp me on 07032054765. |
Re: Help Needed! What Business Can I Set Up With 5m Naira by Royce20: 5:34pm On May 21, 2017 |
tugrow: Add me 08167568432 |
Re: Help Needed! What Business Can I Set Up With 5m Naira by asskush: 6:17pm On May 21, 2017 |
tugrow:07 |
Re: Help Needed! What Business Can I Set Up With 5m Naira by emmyvet(m): 7:59pm On May 21, 2017 |
tugrow: Will like to know more about the garri processing. 07033121121 |
Re: Help Needed! What Business Can I Set Up With 5m Naira by corpROYAL(m): 1:43am On May 22, 2017 |
Well kudos to you for even to startbup your own business but the best time to start a business it is when you are still actively working at least God forbid if anything go wrong in the business you can rise again. At this point in time, if you are still thinking on what to do with the money you have save it means you didnt plan well before you think of going into business. You could have done all this before you resign, get the business yiu want to start on ground because as it is now if care is not taking you can end up spending this money gradually. Therefore, l advise you to pray and let God led you to actual business that will bring you Joy, profit and happiness. What people dont understand is that, business is not all about making profit alone, your passion for that business it all what you need. There is no business that doesnt have profit it all depends on how you package it. We have seen someone making just cakebeans (akara) that built houses and living on it, as well as bikeman built houses and cater for his family and upgraded from there . a lot but many people going into the business because they see their neighbor or someone doing it and is making money, this mentality has to be change. My advise are pray, locate your passion for any business because passion will be your driving force when you face little challenges in the business because be rest assure that there are challenges to overcome in a business. Dont let this discourage you they can not last, it will only take you to the next level. God bless you. 4 Likes |
Re: Help Needed! What Business Can I Set Up With 5m Naira by donttouch: 2:54am On May 22, 2017 |
tugrow: Guy, throw more light |
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