eph12:
Not sure how to advise you on this but the fact is that if you don't know all you need to know about the business you will end up wasting money to learn new ways on how not to do things.
In summary brainstorm on what you can do or have knowledge of and find out more about it from those already in the business before you put your money into it.
If what you are looking for is immediate returns I doubt if you will get an answer.

ojoshu:
hello my name is josh am a production manager and a filmaker i produce and direct movies if you can invest in filming you will see x2 of your money and you will be famous , xo the choice is yours . mail me if you are interested

Whytelyon:
Good morning fam,

I have a question that needs answering and not answers from kids and very childish people here (I understand how people could be childish but I need reasonable replies)
I run a software business, I do property listing as well, on nigeria property centre ( tho I just started) but these don't bring daily income as I want and I'm planning moving out and staying fully on my own (having my own freedom and peace of mind) but nigeria isn't funny considering the level of recession we seeing these days.
I'm planning on starting something, and I've been able to save up some good fund and I'm thinking what I can do with 500k - 700k in present day nigeria that can bring everyday income one can save up, while waiting for software and the property business. A friend recommended sales of Jean in Mandilas ( where he would do the marketing for me) some other one recommended agriculture (but says I have to wait for sometime) now I'm confused, the more time I spend, the more I waste money and I'm not keen on throwing cash round like it grows on trees.
I need sincere advise here. Not read and don't comment or comment like 12 year old children. Mature and useful advise is what I need here.
Thank you.

Whytelyon:


A friend be like owning a barber shop, a salon and I employ people and give a target of 10,000 weekly for each party. Not too sure of that, hence what you think? Barbershop ok?

Ademat7:

what area do u have knowledge about? I mean ur field of specialisation.
if u think agric u will need to understudy a practising farmer to know d dynamics of farming.

eph12:

It's ok but if you not on ground to monitor things you can't guarantee your weekly income. It's difficult to get someone one can trust these days

VampireeM:
Depending on your location.. You can start a mini manufacturing business ie Polyethene bags(nylon) Cutting into various sizes after the production..

You need just
- a shop/space ( can be done in a residential compound)

- upto 5 cutting machines depending on the amount of skilled hands you want to employ

- generator(big sumec wil do) cause phcn aint reliable

You will make not less than 15k daily depending on the efficiency of your workers and how fast you able to get customers. Its a lucrative business even though the raw materials/production is now expensive due to forex

I plan starting mine soon by God's grace when am through with my survey in my location before going into the main polyethene bags production/ printing etc

Whytelyon:


That's a good one. But how much to start?

VampireeM:




No specific amount. It depends on location and how small or big you want to start.
The machines went for 15k each in 2015 in Anambra, dunnnoo for now.


If you interested in the business you can enquire around your location those that are into the business already so they can tell you more.

VampireeM:
Depending on your location.. You can start a mini manufacturing business ie Black Polyethene bags(nylon) Cutting into various sizes after the production..

You need just
- a shop/space ( can be done in a residential compound)

- upto 5 cutting machines depending on the amount of skilled hands you want to employ

- generator(big sumec wil do) cause phcn aint reliable

You will make not less than 15k daily depending on the efficiency of your workers and how fast you able to get customers. Its a lucrative business even though the raw materials/production is now expensive due to forex

I plan starting mine soon by God's grace when am through with my survey in my location before going into the main polyethene bags production/ printing etc

Gwan2:


Anything involving importation of raw material for a starter is a no-no for now, except you are mentored by a business mogul in that particular field.

Whytelyon:


How nice. And positively most of these businesses require things like this to carry load. Hmmm that's a good one too..

VampireeM:


lol..
You can start recycling business too..

maybe importexpert would give you suggestions since he is experienced in business stuffs

BiafraBushBoy:
I will advice you to use the money to buy a a mini bus and start driving BY YOURSELF!!

Do it for 6 months, and you will get the money back, you can now invest into production or any other venture like those advice up there...

I am talking from personal experience...

Ask me how...

Sirmuel1:
Scammers go rush enter this thread now

Whytelyon:


Hi,

Positively you didn't read what I said initially, I have a software business I run, www.emsoft.com.ng is my business website. I also have a property listing website as an agent I run here on nigeria property center. Now I been able to gather some money from several business transactions and I want to have a third means of income as these two don't bring money daily.

Suppose I start the driving, when would I have time to provide solutions to companies or update the ones I have, or if I'm called to view a property, how do I go about it? I understand you tho,but being realistic here, Nwanne odiro possible. That's why am asking what I can invest 500k into and put someone who can watch over for me while am away or running other transactions.
You get my question now?



Hmm, really, aren't you one of them. Besides I warned that 12 year old replies like these are not needed, positive you have seen the answers these fellows are bringing here.

For the scammers, let them come.

Whytelyon:




Hmm, really, aren't you one of them .

BiafraBushBoy:


Nice point you have made.. but let me ask you, investing such an amount into something you cannot have control over is the same as taking a major gamble. So it is even better you follow them and do their MMM...

But if you need to build an investment, you must be actively involved else someone will rip you off...

You have to way up ideas even if it means doing part-time.

Because I know that a bus delivers nothing less than 3500 daily and up to 5k, 6k...

So tell me, which do you choose??

Whytelyon:


You not understanding me. Good point you made, I have to be there, but think l made you get something, else u asking me to quit my software business which I gave u it's background.

What about owning a grocery.

emmyojo22:
I would advise you venture into sports betting. I mean owning a bet shop where people come to play. If you decide to register with bet9ja for instance, you are guaranteed 12% of your sales. Depending on your location you might not spend up to 300000 for both renting of shop and other processing