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Profitable Bussiness/investment Sugestion With 6milion Naira - Business - Nairaland

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Profitable Bussiness/investment Sugestion With 6milion Naira by Arczacch: 7:01am On Dec 29, 2017
I am a youngman of 32, an architect; I was doing pretty well in my profession and I blessed God for that but the economic situation of the country at the moment is really affecting me because jobs (projects) aren’t coming as it were. I have a loan assistance of 6milion Naira at 5% interest rate per annum for the span of 4 years to be paid annually. I want suggestion of the kind of business I can do with 6million naira that I will gain pretty good. Thanks. Please kindly notify me after posting.

+2348035688422
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Nobody: 7:19am On Dec 29, 2017
Bros, Nigeria is totally on shut down mode. Fuel scarcity licked the little left overs we thought we had for Christmas.
Bros my advice, that cash is enough to migrate like a big boy to another country where you legally can work and pay back your loan within a year. Anything outside this is a very high risk...Very high risk.
Meanwhile it won't be bad if you share how you got the loan because I need one too urgently.

5 Likes 1 Share

Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Luckylife(m): 7:33am On Dec 29, 2017
Advice you get a good location for shop and start selling phones,accessories and computers accessories.

1 Like 1 Share

Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Arczacch: 8:56am On Dec 29, 2017
Thanks so much!
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by ABBEYsammy01(m): 10:59am On Dec 29, 2017
You can make times three of this money within 6 months by investing it on food (yam, melon, beans, cow skin, i.e. Ponmo, dry fish, elubo etc) supply from d north especially Taraba, Benue and Plateau state to places like Lagos and PH. You will never regret it broda

1 Like

Re: Profitable Bussiness/investment Sugestion With 6milion Naira by ABBEYsammy01(m): 11:04am On Dec 29, 2017
Pls, how can one have access to this kind of loan?

1 Like

Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Nobody: 1:26pm On Dec 29, 2017
You can open a baby groceries stores where all kinds of baby wears, shoes, toys and etc can be gotten.Issue of travelling abroad is also risky. It is not a bed of roses. if you have establish base here. build on it and expand.be careful with these travel agents. it also depend on your location too. pls tell us how we can access this kind of loan?
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by blackprowler: 2:07pm On Dec 29, 2017
Hello. Location really matters. I am over 10 yrs older than you and had some measure of comfort until I left my job and emigrated. Didn't work out and I came back to absolute zero. Ive had ideas being an engineer but lacked funds. I've also now got some grant to do stuff but it's much less than yours. I am hence looking for a partner. My long years in the doldrums have taught me a lot.

Give me a call on 09097268834 and let's talk. I am present in Ibadan and Lagos
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by TheEconomist: 3:02pm On Dec 29, 2017
Real-estate;Crptocurrency.
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by selfmadeOLX(m): 3:13pm On Dec 29, 2017
Don't put out a loaned money on crypto. It is foolishness of the highest order.

My advice is
Real estate
Uber/Taxify partner (1 corolla, 1 Civic, 1 Rio)


But I'm also curious to how you got the loan. Can you share?
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Ibrahimndg57(m): 4:08pm On Dec 30, 2017
why is it that everybody is concern with how he got the loan?
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by careerpluzz: 12:29pm On Dec 31, 2017
Arczacch:
I am a youngman of 32, an architect; I was doing pretty well in my profession and I blessed God for that but the economic situation of the country at the moment is really affecting me because jobs (projects) aren’t coming as it were. I have a loan assistance of 6milion Naira at 5% interest rate per annum for the span of 4 years to be paid annually. I want suggestion of the kind of business I can do with 6million naira that I will gain pretty good. Thanks. Please kindly notify me after posting.

+2348035688422

I am a youngman of 32, an architect; I was doing pretty well in my profession and I blessed God for that but the economic situation of the country at the moment is really affecting me because jobs (projects) aren’t coming as it were. I have a loan assistance of 6milion Naira at 5% interest rate per annum for the span of 4 years to be paid annually. I want suggestion of the kind of business I can do with 6million naira that I will gain pretty good. Thanks. Please kindly notify me after posting.


Hello OP, your post made an impressive read.

On that score I am going to attempt an objective response to your inquiry. Whatever I post here is nothing more than a suggestion which is what you request for.

First of all, you are in a wonderful profession and I would first of opine that the apparent pall hanging above the real estate segment of the economy now is only there for a while as it will soon blow over. You must be thankful for this recent recession that has retooled your focus to the much talked about multiple streams of income possibilities.

As a direct response to your inquiry, I will state the following;

Please do not invest in any form of crypto currency, forex, online or lottery business unless of course you have a firm understanding of how it works. I do not as of yet have an understanding of the nature of the workings of those lines of business.
I would also like to advise that you be wary of models that promise you high yields. Any sustainable business especially those of the traditional garb will start out with minimal returns and will then build up to very significant returns on investment.

Fortunately your interest payment is very fair. I will advise that you project from a conservative pedestal which should ensure that at the end of 4 years that your loan amount of 6 Million Naira would have generated a minimum of 12 Million Naira in terms of profit; after paying off all the interest and of course returning the capital.

This may not appear very attractive but this is a sure bet with minimal risk and a consistent geometrical growth plan.

I will advise that you invest in a traditional business and learn from it as you grow in the business. I assume that being a professional in the building sector your understanding of trading will be quite limited. Your better bet therefore is to engage in large scale F.M.C.G sales which is more commonly known as distributorship. You can never go wrong here. Seek out a reliable company, negotiate to become a distributor in a specific territory, insist on exclusive territorial rights, haggle and get the best possible price regimen, get support (both strategic and promotional) from the company and launch out massively.

The beautiful thing about this model is that depending on the product, company policy and amount of investment, you just become a financial partner while the system is on auto run.

This is a fail proof model and is adoptable even by those who have zilch sales or trading experience. A great number of articles and threads exist here on Nairaland concerning the distributorship business. Research and find them as they may hold the key you so desperately need.

Good luck!

3 Likes

Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Godswillnwaoma(m): 2:28pm On Dec 31, 2017
buy tipper truck 6 tyres and start haulage business of carrying white sand. Thank me later.
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by gwng: 12:39pm On Jan 03
Godswillnwaoma:
buy tipper truck 6 tyres and start haulage business of carrying white sand. Thank me later.


We install trackers in trucks. Monitor real time location of your drivers, see history of how many kms your truck runs daily, get over-speed alerts etc... ONLY 30K (CHEAPEST ANYWHERE). 08060675824.

Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Arczacch: 6:26pm On Jan 03
Thanks so much. I really appreciate your advice and suggestion. Happy new year!
quote author=careerpluzz post=63766785]

I am a youngman of 32, an architect; I was doing pretty well in my profession and I blessed God for that but the economic situation of the country at the moment is really affecting me because jobs (projects) aren’t coming as it were. I have a loan assistance of 6milion Naira at 5% interest rate per annum for the span of 4 years to be paid annually. I want suggestion of the kind of business I can do with 6million naira that I will gain pretty good. Thanks. Please kindly notify me after posting.


Hello OP, your post made an impressive read.

On that score I am going to attempt an objective response to your inquiry. Whatever I post here is nothing more than a suggestion which is what you request for.

First of all, you are in a wonderful profession and I would first of opine that the apparent pall hanging above the real estate segment of the economy now is only there for a while as it will soon blow over. You must be thankful for this recent recession that has retooled your focus to the much talked about multiple streams of income possibilities.

As a direct response to your inquiry, I will state the following;

Please do not invest in any form of crypto currency, forex, online or lottery business unless of course you have a firm understanding of how it works. I do not as of yet have an understanding of the nature of the workings of those lines of business.
I would also like to advise that you be wary of models that promise you high yields. Any sustainable business especially those of the traditional garb will start out with minimal returns and will then build up to very significant returns on investment.

Fortunately your interest payment is very fair. I will advise that you project from a conservative pedestal which should ensure that at the end of 4 years that your loan amount of 6 Million Naira would have generated a minimum of 12 Million Naira in terms of profit; after paying off all the interest and of course returning the capital.

This may not appear very attractive but this is a sure bet with minimal risk and a consistent geometrical growth plan.

I will advise that you invest in a traditional business and learn from it as you grow in the business. I assume that being a professional in the building sector your understanding of trading will be quite limited. Your better bet therefore is to engage in large scale F.M.C.G sales which is more commonly known as distributorship. You can never go wrong here. Seek out a reliable company, negotiate to become a distributor in a specific territory, insist on exclusive territorial rights, haggle and get the best possible price regimen, get support (both strategic and promotional) from the company and launch out massively.

The beautiful thing about this model is that depending on the product, company policy and amount of investment, you just become a financial partner while the system is on auto run.

This is a fail proof model and is adoptable even by those who have zilch sales or trading experience. A great number of articles and threads exist here on Nairaland concerning the distributorship business. Research and find them as they may hold the key you so desperately need.

Good luck!
[/quote]
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by raymondFirstborn(m): 9:43pm On Jan 03
you can go into tomato farming, then start making tomato paste and selling.

The likes of Gino , ajino moto & other brands are making money big time.
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by alterego17: 12:20am On Jan 04
TheEconomist:
Real-estate;Crptocurrency.

Boss plz kindly tell mi more on dz crypto biz
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by Godswillnwaoma(m): 7:36pm On Jan 04
raymondFirstborn:
you can go into tomato farming, then start making tomato paste and selling.


The likes of Gino , ajino moto & other brands are making money big time.
put more light
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by raymondFirstborn(m): 8:47pm On Jan 04
Godswillnwaoma:
put more light


you plant your tomatoes and also start a tomato processing plant.So once your tomato is ripe you move them to the plant to process, package and sell as tomato paste.

Trust me tomato paste sells like fire.
Re: Profitable Bussiness/investment Sugestion With 6milion Naira by TheEconomist: 7:11pm On Jan 09
alterego17:


Boss plz kindly tell mi more on dz crypto biz

Sorry for the late response.
Send me a pm.

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