Good morning great investors, i always see and read posts of people saying "i have 1 Million naira, pls what business can i start"...some will say "what business can i start with 5 Million naira? It has almost become a norm seeing such posts on investment sections, i don't know if those people are fake or Genuine, but my point is this.

Is it not possible to have a pool of such person that have 500k and above?

What i am trying to say is if 100 persons can boast of 500k, that would be 50M. Setting up a company with 50M in Nigeria would generate a huge revenue that its net profit can conveniently take care of more than 50 persons and also create much jobs for our unemployed youths in the society.
Its just a thought in my heart i decide to air out.

Thankz

luvlyADESUWA:
Good morning great investors, i always see and read posts of people saying "i have 1 Million naira, pls what business can i start"...some will say "what business can i start with 5 Million naira? It has almost become a norm seeing such posts on investment sections, i don't know if those people are fake or Genuine, but my point is this.

Is it not possible to have a pool of such person that have 500k and above?

What i am trying to say is if 100 persons can boast of 500k, that would be 50M. Setting up a company with 50M in Nigeria would generate a huge revenue that its net profit can conveniently take care of more than 50 persons and also create much jobs for our unemployed youths in the society.
Its just a thought in my heart i decide to air out.

Thankz

The issue is getting the 100 persons that are willing to invest the 500k to start the company...

U are right...