Hello! Good day fellow Nairalanders,
.
I am a singer base in Lagos. I use to be a blogger, though I dumped the blogging business for music business. After some months of struggling, I have finally decided to settle down with a business of my own.
.
Right now I am having almost three business Ideas.
.
1, All blog niches is being saturated but I have this particular pattern that no one is into. I have searched for it all over google and no one is doing it yet. I won't mention it here so that no body will rush and still my idea. I am dreaming of setting up this blog as soon as possible but I am still thinking of the other ones
.
2, I am thinking of setting up a boutique here in Lagos. But my fear is this, boutique is every where. Even in somebody's domot. under bridge o, every where u go. So how am I going to make alot of money from this boutique business.
.
3, I am thinking of going to my state to set up a Bar and restaurant. I heard that bars make a lot of money this days and it is true. l also know someone who is a millionaire with just owning a bar though not just one, he has many branches all over Lagos. But at least I know he started small before he grew big. I want to open it in my state because I can't afford it here in Lagos. It is too expensive.
.
Please what do you think? Which one do you think would be good for me. I need a lucrative business to venture into. God bless you as you read and Respond

How much capital do u av at ur disposal presently

BOOMnaija:
How much capital do u av at ur disposal presently

.
Boss just N5Million. Some investors have also promised me more capital if I finally sougt out a comfortable business to venture into

Go for the bar and start small and invest gradually.... People must unwind daily!

business means u being there full time b4 trusting other people 2 oversee it.. are u ready 2 commit all ur time dere dis one u are also in2 music?

HRHQueenPhil:
business means u being there full time b4 trusting other people 2 oversee it.. are u ready 2 commit all ur time dere dis one u are also in2 music?

.
Are you actually saying that my music career will affect the business or the business will affect my music??

i am asking if the music business takes the most of ur time

RationalTV:

.
Are you actually saying that my music career will affect the business or the business will affect my music??

With a capital of 5million, I think idea 3 and 1 can go. Open the bar and restaurant, employ workers, while you manage it yourself(at least for now).
Since you won't be doing the cooking and serving(your staff which can be gotten even this night, will be doing that) , you can manage your blog as well.
It will give you the chance to create a business oriented environment for yourself; knowing you are not leaving the house just sit at your bar office, but to also work online.
#multiple_source_of_income

HRHQueenPhil:
i am asking if the music business takes the most of ur time

No it doesn't. I have alot time to relax unless when booked or maybe i just wanna go show any of my MC friends love out there. Promoting my brand I do everything online sitting at home

clems93:
With a capital of 5million, I think idea 3 and 1 can go. Open the bar and restaurant, employ workers, while you manage it yourself(at least for now).
Since you won't be doing the cooking and serving(your staff which can be gotten even this night, will be doing that) , you can manage your blog as well.
It will give you the chance to create a business oriented environment for yourself; knowing you are not leaving the house just sit at your bar office, but to also work online.
#multiple_source_of_income

i will look up to it

Nice advi

Op, do not send money to anyone promising you investment or anything of sort.

They will soon flood this thread asking you to invest with them or sell useless ebooks to you.