Profitable Business Of 1million Naira For A Start - Business - Nairaland
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| Profitable Business Of 1million Naira For A Start by Cumpel1615: 8:20pm On May 11, 2019 |
Hello guys, pls I need your help!!! What profitable business can I start with 1million naira? Lucrative and profitable, something I will be happy I'm involved in. Thanks. |
| Re: Profitable Business Of 1million Naira For A Start by PatrickOkunima(m): 9:01pm On May 11, 2019 |
I recommend online business. Here's something I'm presently promoting: www.vapatrick.com You can brainstorm to come up with a better idea. With less than 100k, you can setup a platform. Spend btw 400k and 500k on promotion. If your idea is dope and your advert targeted to the right customers, you will definitely excel. |
| Re: Profitable Business Of 1million Naira For A Start by Nobody: 10:48pm On May 11, 2019 |
If you looking for a business you can't manage yourself, i 'd rather you buy Treasury bills or Mutual funds. |
| Re: Profitable Business Of 1million Naira For A Start by biztip: 11:43pm On May 11, 2019 |
PatrickOkunima:avoid all these online sh.its. do sth physical and tangible 1 Like |
| Re: Profitable Business Of 1million Naira For A Start by PatrickOkunima(m): 6:09am On May 12, 2019 |
biztip: Ignorance! So the likes of Facebook, Twitter, LinkedIn and even our own Nairaland and Hotels.ng is sh.it, since they're all online (internet-based) businesses? In some parts of Lagos, that 1m will not even get him a shop. 1 Like |
| Re: Profitable Business Of 1million Naira For A Start by Sulaimontaiwo: 9:44am On May 12, 2019 |
My little advise for you is agriculture. Pig farming is lucrative and low risk once you’re guided. |
| Re: Profitable Business Of 1million Naira For A Start by Cumpel1615: 3:18am On May 16, 2019 |
aaronson:how much can treasury bills of 1m earn me monthly? |
| Re: Profitable Business Of 1million Naira For A Start by Nobody: 3:58am On May 16, 2019 |
Cumpel1615: ~12% |
| Re: Profitable Business Of 1million Naira For A Start by Lordsinger(m): 6:02am On May 16, 2019 |
UnitedAlliance: |
| Re: Profitable Business Of 1million Naira For A Start by Cumpel1615: 7:44am On May 16, 2019 |
UnitedAlliance:you mean if I invest my 1m into treasury bill, I will be getting something in the neighborhood of 100k per month? |
| Re: Profitable Business Of 1million Naira For A Start by HeliosHay(m): 7:51am On May 16, 2019 |
Cumpel1615: Start an e-commerce business. Those are the kind of business model that can scale quickly if you know what you're doing. I'm personally into Amazon Self Publishing and I've made over N30 million since I started in Nov 2016. These are no empty claims either - below you can see proof of that (from ebook and paperback royalties alone, not including audiobook royalties) For me, Kindle Publishing is one of the business models with the greatest leverage and scale. 1. I have no employees (so no need to pay salaries) 2. I have no overhead costs 3. I hold no inventory (it's completely digital) 4. I have access to a global audience (leveraging the Amazon platform) 5. My assets are available for sale 24/7 6. I earn in dollars and spend/invest in Naira (Get more value for my buck) ... it's the business I've had the most success with. For more details about publishing, feel free to check out my thread: https://www.nairaland.com/5087264/how-make-1000-each-month
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| Re: Profitable Business Of 1million Naira For A Start by Cumpel1615: 9:10am On May 16, 2019 |
HeliosHay:OK let me check |
| Re: Profitable Business Of 1million Naira For A Start by Nobody: 10:36am On May 16, 2019 |
Cumpel1615: Per year. I tested with N9M for 3 months and Zenith gave me N240K. The beauty of it is that they paid the interest ahead of time. So you'll have your interest right away. Frankly it's an excellent investment. |
| Re: Profitable Business Of 1million Naira For A Start by Nobody: 10:46am On May 16, 2019 |
[quote author=Lordsinger post=78428093][/quote] A banker would be best to explain. Stop by a Zenith. |
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