OK so I ppl, I want ur advice on a biz I can start this 2019 with the said amount and can earn 4-5k daily pls anything crypto or fx I am not interested. I am willing to make it 250k if d biz is profitable.

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Guys still waiting to hear ur advice

Trading is one of the options you may consider. However only very fast moving products can deliver this margin.

My experience shows that this can only be attained via an aggressive sales strategy where the product (or service) is very hot in demand Fast Moving Consumer Product. You can even get it with a smaller Capital outlay.

A number of variables must however be considered. In order to make such returns, the production outfit must not be far from the market in order to beat time.

The population of the market must also be reasonably large enough to accommodate this kind of sales onslaught.

The product price must be appropriate and reachable for as many people as possible.

Finally, target small and medium companies with great products. You cannot survive the competition synonymous with large companies. And do get yourself an exclusivity caveat for your preferred territory.

So it is very possible if you are painstakingly careful. I know some of these products.

One example will suffice here. There is a wafer being sold in the market now called Pure Bliss. The return on investment here is super. But I don't advise you go here as it is now saturated.

Other products exist. So your model will be to find something that gives you 10% per cycle and then do 5 cycles with your 200k monthly and ' bingo'.

laundry won't be a bad ideal

Oktane:
Trading is one of the options you may consider. However only very fast moving products can deliver this margin.

My experience shows that this can only be attained via an aggressive sales strategy where the product (or service) is very hot in demand Fast Moving Consumer Product. You can even get it with a smaller Capital outlay.

A number of variables must however be considered. In order to make such returns, the production outfit must not be far from the market in order to beat time.

The population of the market must also be reasonably large enough to accommodate this kind of sales onslaught.

The product price must be appropriate and reachable for as many people as possible.

Finally, target small and medium companies with great products. You cannot survive the competition synonymous with large companies. And do get yourself an exclusivity caveat for your preferred territory.

So it is very possible if you are painstakingly careful. I know some of these products.

One example will suffice here. There is a wafer being sold in the market now called Pure Bliss. The return on investment here is super. But I don't advise you go here as it is now saturated.

Other products exist. So your model will be to find something that gives you 10% per cycle and then do 5 cycles with your 200k monthly and ' bingo'.

You. Are a. Good sales person. Can. We .Reason together here what other products we. Can. Venture. In. This new year? For. The benefit of others

Elizadath:

You. Are a. Good sales person. Can. We .Reason together here what other products we. Can. Venture. In. This new year? For. The benefit of others

Of course we can.

Tell us what you think. Let's set the ball rolling.

Oktane:
Trading is one of the options you may consider. However only very fast moving products can deliver this margin.

My experience shows that this can only be attained via an aggressive sales strategy where the product (or service) is very hot in demand Fast Moving Consumer Product. You can even get it with a smaller Capital outlay.

A number of variables must however be considered. In order to make such returns, the production outfit must not be far from the market in order to beat time.

The population of the market must also be reasonably large enough to accommodate this kind of sales onslaught.

The product price must be appropriate and reachable for as many people as possible.

Finally, target small and medium companies with great products. You cannot survive the competition synonymous with large companies. And do get yourself an exclusivity caveat for your preferred territory.

So it is very possible if you are painstakingly careful. I know some of these products.

One example will suffice here. There is a wafer being sold in the market now called Pure Bliss. The return on investment here is super. But I don't advise you go here as it is now saturated.

Other products exist. So your model will be to find something that gives you 10% per cycle and then do 5 cycles with your 200k monthly and ' bingo'.

OK bro any other fast moving goods u have in mind.

Desdevice:
laundry won't be a bad ideal

U sure 200k will setup a laundry outfit including price of shop I stay in lag oo

I love great threads like this.....

SimplePlan34:


U sure 200k will setup a laundry outfit including price of shop I stay in lag oo

You just took this off my fingers.

It's not possible to set up a reasonable laundry shop in a decent location with that rather paltry sum. You could of course look at an alternate laundry services model where you go around collecting the clothes, paying some locals to wash and iron while you return the clothes. This could be initiated and kept on stream with even 50,000(outside space/shop considerations).

There would then be a build up to setting up a proper laundry service.

Starboytwo:
I love great threads like this.....

Me too Sir.

I have indeed benefitted from these kinds of threads in the past.

Honestly, people who do not earn at least 2k daily are either oblivious of the possibilities or just outright non halant. Opportunities do abound for earning income daily.

Invest the 250k in the business opportunity I want to venture into, but no funds. I will be delivering your 4k to you everyday. Deal.. If interested, WhatsApp or Call 08188959485

Oktane:


Me too Sir.

I have indeed benefitted from these kinds of threads in the past.

Honestly, people who do not earn at least 2k daily are either oblivious of the possibilities or just outright non halant. Opportunities do abound for earning income daily.

I have yet to earn daily money....only through betting I earn daily but I have since quitted and have been racking my brain on something better to engage myself this new beginning...I have been combing nairaland for any meaningful to me thread....it's actually not been easy....I was in a conversation with my junior bro asking him what I could really sell fast in this environment... basically anything I could buy for 1naira and sell for 2-4 naira....I can only think of drugs as it is faster to move and sell and always in demand.....also I been thinking of converting a space(fairly big)into a viewing center,I just moved here and it was hell looking for a viewing center to watch Man utd(so definitely there's gonna be a lot of guys like me)...I'm still making findings and I'm still searching nairaland for answers.i believe if I search enough I'd get something...

Starboytwo:
I have yet to earn daily money....only through betting I earn daily but I have since quitted and have been racking my brain on something better to engage myself this new beginning...I have been combing nairaland for any meaningful to me thread....it's actually not been easy....I was in a conversation with my junior bro asking him what I could really sell fast in this environment... basically anything I could buy for 1naira and sell for 2-4 naira....I can only think of drugs as it is faster to move and sell and always in demand.....also I been thinking of converting a space(fairly big)into a viewing center,I just moved here and it was hell looking for a viewing center to watch Man utd(so definitely there's gonna be a lot of guys like me)...I'm still making findings and I'm still searching nairaland for answers.i believe if I search enough I'd get something...

Let's hope we get answers

SimplePlan34:
OK so I ppl, I want ur advice on a biz I can start this 2019 with the said amount and can earn 4-5k daily pls anything crypto or fx I am not interested. I am willing to make it 250k if d biz is profitable.

Forex comes to mind.

Provision will go

Starboytwo:
I have yet to earn daily money....only through betting I earn daily but I have since quitted and have been racking my brain on something better to engage myself this new beginning...I have been combing nairaland for any meaningful to me thread....it's actually not been easy....I was in a conversation with my junior bro asking him what I could really sell fast in this environment... basically anything I could buy for 1naira and sell for 2-4 naira....I can only think of drugs as it is faster to move and sell and always in demand.....also I been thinking of converting a space(fairly big)into a viewing center,I just moved here and it was hell looking for a viewing center to watch Man utd(so definitely there's gonna be a lot of guys like me)...I'm still making findings and I'm still searching nairaland for answers.i believe if I search enough I'd get something...

Consider buying products from 1688 and sell ... U can make over 300% profit on one product alone... For starters and people with no shop, its advisable to sell the pix before selling the product. Don't buy a product on the assumption that people will like it. You like it doesn't mean others will. Remember you're not buying it for your own consumption. So, advertise the pix and tag your price, when people show interest, tell them it will be available very soon. Then go and order it...

alphabbey1:
Consider buying products from 1688 and sell ... U can make over 300% profit on one product alone... For starters and people with no shop, its advisable to sell the pix before selling the product. Don't buy a product on the assumption that people will like it. You like it doesn't mean others will. Remember you're not buying it for your own consumption. So, advertise the pix and tag your price, when people show interest, tell them it will be available very soon. Then go and order it...

can you point me to a few of the products you think I could get..

am following this thread. talking about products, my mind goes to those things people can't do without, food, fashion etc

Starboytwo:
can you point me to a few of the products you think I could get..

Here's an example,
Original sandisk ultra memory card:
On 1688, #1640 - 32gb, #3186 - 64 GB....
Ask nearest stores around you to know price of sandisk ultra or u can rather check Jumia..
Original Samsung memory card evo plus:
On 1688, #2000 - 32gb, #3800 - 64gb...
You will see there pix below

Let me give you an hint: meet those selling memory card and inquire if you can be supplying them in bulk at same or lower rate they buy at Alaba or elsewhere


Observes you environment. See what people spend there money on. Be it electronics, shoes, clothes, and so on. Check 1688 for price and make your move.
You can go beyond your environment by advertising product on OLX or Facebook Ad

henrygold100:
am following this thread. talking about products, my mind goes to those things people can't do without, food, fashion etc

You are the true son of your father.

The biggest problem I see among Nairaland business seekers is the fact that they sidestep the very obvious money spinners that yield money but which may not be attractive or impressive especially considering our graduate status.

Food in its different form and variety is the best way to approach these things. People must eat. All you need to do is modify an already existing model and make it contemporary and boom.

Go out into your neighbourhood and look around and you will be surprised if you are eyes are trully open. Those women selling bread at major junctions in the evening, the mallams rolling vegetables in wheel barrows, and indeed all sorts. They all go home with something.

While not advocating that you push ab art I do advise that you modifuly what they do and earn income daily.

Nothing beats a consistent daily income.

Onyi22:
Provision will go

This is a great business. Very few people have come to terms with how profitable provisions sales is. It does require some form of capital outlay to start out though.

But you cannot go wrong with this model.

SimplePlan34:


Let's hope we get answers

Answers abound already.

Let's hope you can identify th answers as they thrust themselves at you from the various threads.

Starboytwo:
I have yet to earn daily money....only through betting I earn daily but I have since quitted and have been racking my brain on something better to engage myself this new beginning...I have been combing nairaland for any meaningful to me thread....it's actually not been easy....I was in a conversation with my junior bro asking him what I could really sell fast in this environment... basically anything I could buy for 1naira and sell for 2-4 naira....I can only think of drugs as it is faster to move and sell and always in demand.....also I been thinking of converting a space(fairly big)into a viewing center,I just moved here and it was hell looking for a viewing center to watch Man utd(so definitely there's gonna be a lot of guys like me)...I'm still making findings and I'm still searching nairaland for answers.i believe if I search enough I'd get something...

Sounds great to me. But also invest in something that you can sell in the morning when the viewing centre is 'sleeping'.

There are products that you can sell and by 12.00 moon you received done and have made like 3-5k for that day with little stress......and it can only grow bigger in terms of sales volume and return on investment.

Oktane:


You are the true son of your father.

The biggest problem I see among Nairaland business seekers is the fact that they sidestep the very obvious money spinners that yield money but which may not be attractive or impressive especially considering our graduate status.

Food in its different form and variety is the best way to approach these things. People must eat. All you need to do is modify an already existing model and make it contemporary and boom.

Go out into your neighbourhood and look around and you will be surprised if you are eyes are trully open. Those women selling bread at major junctions in the evening, the mallams rolling vegetables in wheel barrows, and indeed all sorts. They all go home with something.

While not advocating that you push ab art I do advise that you modifuly what they do and earn income daily.

Nothing beats a consistent daily income.

Ur always on point bro. the idea is their buh how to get started and where to start from na where de problem de come most times.

Oktane:


Sounds great to me. But also invest in something that you can sell in the morning when the viewing centre is 'sleeping'.

There are products that you can sell and by 12.00 moon you received done and have made like 3-5k for that day with little stress......and it can only grow bigger in terms of sales volume and return on investment.

I don't equally advise dat. matches are place ones a week, sometimes twice a week. how much are u paying to subscribe DStv. will not advise anyone to do dat business

Let me just say it simply. I

t's the beginning of the year.

Just this once abandon all shame and hit the road with a great product there you have it all.

The following review the characteristics of a great product that you can sell;

Daily Need. The preferred product must be something that is required by individuals or households on a daily basis.
It could be food, household like soaps and detergents, toothpaste and creams.

It could be insecticides, rat traps/poison etc. It must be a consumable that will be used and desired/required again on a most regular basis.

AFFORDABILITY

Is it something everybody in the population can afford without overstretching themselves?
Indomie comes to mind here. That is the secret of their success. It is a cheap product and always in demand. In hazarding a guess I thing the noodles market attracts over 1 Billion turnover daily.

These guys are very good. Has anyone notice that they are the promoters of the wonderful product that is making waves called Cocopops? I know as lady in Lagos who buys it bulk and resldistributes it among school vendors and she makes a killing on a daily basis.

Oktane:
Let me just say it simply. I

t's the beginning of the year.

Just this once abandon all shame and hit the road with a great product there you have it all.

The following review the characteristics of a great product that you can sell;

Daily Need. The preferred product must be something that is required by individuals or households on a daily basis.
It could be food, household like soaps and detergents, toothpaste and creams.

It could be insecticides, rat traps/poison etc. It must be a consumable that will be used and desired/required again on a most regular basis.

These daily need stuffs are for people with shops. Unless u wanna be selling on the Street