nonut:
Ever wondered why those Igbo boys in popular markets, that served their master and were settled, do well?
It's simple. They learnt the scopes and the tricks of the business.
Any business you're gonna start without learning the ropes for like 5-6 months is a waste of your hard earned cash.
Don't give your money to anyone to manage, not even your best friend/family.
Any business you're involved in and you know little or nothing about it, is a big risk.
My humble advice.

you are right. but I think if I get into the field I will learn gradually nd follow up.

SavageResponse:


If you are willing to offer him 70% stake in a company that is your idea it means that yuou indirectly want to pass the bulk of the risk to him.

What then is your risk and a stake in a business that is supposed to be your idea? Just 30%?

There are terms and conditions to it (and it favours both parties). The investment is going to be insured because of it's nature. I basically will handle the operations (since I have the basic idea of how I expect the business to run). Will also be advised and guided by the larger equity owner (so as to always keep him/her in the loop). I just want the project to run and affect lives positively.

kinglee007:


There are terms and conditions to it (and it favours both parties). The investment is going to be insured because of it's nature. I basically will handle the operations (since I have the basic idea of how I expect the business to run). Will also be advised and guided by the larger equity owner (so as to always keep him/her in the loop). I just want the project to run and affect lives positively.

People generally do not invest in business so they can just "Affect lives positively" as you said.

That is bull crap people say in order to be politically correct

The main reason for going into a business is to make money.

If you want the OP to entrust his money to you then you need to do the following

1. Prove that you have the experience and competence to do this business

2. Show that there is a market for the services you want to provide (this means you need to demonstrate that money will be made)

3. Walk the talk - Be ready to stake your own money in the business by doing preliminary stuff like registering a business name and probably buying some of the tools of the trade or business


This list is not exhaustive but it will do for the time being

616autos:
you are right. but I think if I get into the field I will learn gradually nd follow up.

Hehehe! Learning on the job?
Recipe for disaster.
It's like learning how to drive, with a bus filled with passengers.
You'll lose money and your customers as well.
Patience is the key to every business.
If you're not patient enough to learn the business, how are you gonna be patient to wait, when customers are not forthcoming?
I know a friend who made the same mistake. He started a business without learning properly.
Within two years, he closed up.
He was lucky cos he had his main business to fall back on.
Anyway, what do I know? Do whatever you want.
It's your money.

Some guys are already making offers and promising good returns for the Op if he invests his money with them.
Story for the gods.
Please go to this thread and read well.
https://www.nairaland.com/4853587/what-worst-business-investment-how
Most of the reasons why many people failed in that thread was because they either entrusted their business to someone or they knew little or nothing about the business.

SavageResponse:


People generally do not invest in business so they can just "Affect lives positively" as you said.

That is bull crap people say in order to be politically correct

The main reason for going into a business is to make money.

If you want the OP to entrust his money to you then you need to do the following

1. Prove that you have the experience and competence to do this business

2. Show that there is a market for the services you want to provide (this means you need to demonstrate that money will be made)

3. Walk the talk - Be ready to stake your own money in the business by doing preliminary stuff like registering a business name and probably buying some of the tools of the trade or business


This list is not exhaustive but it will do for the time being

Thank you for the response.
1) Proving my experience and competence in the business is not a problem. I would gladly do it so as to ensure that the purpose of "proving" is acquired. Which is, getting the investment I need. Sadly I can't do it here. A direct pitch to the investor will prove a lot.

2) There is a market that is ripe and ready for the business. As a matter of fact, one of our competitors just launched a part of our business module. It doesn't really bother because, we might have similar ideas but different marketing strategies to achieve success.

3) Walking the talk has never been a problem for me. The business is registered and also certain amount of capital has been invested into it. But, then again, my initial stake is not enough to launch the business fully. Else I wouldn't be seeking for a larger capital to grow the business.

And if you still think that it's "bull crap" that one does not go into business to affect lives, you better think again. Business yields money and that's true, but the impact it has is what will make it or mar it.

SavageResponse:


People generally do not invest in business so they can just "Affect lives positively" as you said.

That is bull crap people say in order to be politically correct

The main reason for going into a business is to make money.

If you want the OP to entrust his money to you then you need to do the following

1. Prove that you have the experience and competence to do this business

2. Show that there is a market for the services you want to provide (this means you need to demonstrate that money will be made)

3. Walk the talk - Be ready to stake your own money in the business by doing preliminary stuff like registering a business name and probably buying some of the tools of the trade or business


This list is not exhaustive but it will do for the time being

My guts never deceive me. I know you know me. You've made it obvious in your first and second post. Time will tell though

nonut:
Some guys are already making offers and promising good returns for the Op if he invests his money with them.
Story for the gods.
Please go to this thread and read well.
https://www.nairaland.com/4853587/what-worst-business-investment-how
Most of the reasons why many people failed in that thread was because they either entrusted their business to someone or they knew little or nothing about the business.

one bottle for you brother really learnt alot in that thread

HirePurchaseNG:
I can show you how to export solid minerals to china and how to also supply chinese companies in Nigeria.

sure of this?

616autos:
you are right. but I think if I get into the field I will learn gradually nd follow up.

Location ?

616autos:
ï need direction ï want to know à business ï Can start with 4m ; ï am more interested in importation biz

Have you found your way about/around this?

healthserve:


Have you found your way about/around this?

no brother any idea

is there any one into importation of spare parts from Germany or Japan

616autos:
ï need direction ï want to know à business ï Can start with 4m ; ï am more interested in importation biz

There’s limited supplier of wood logs to the buyers now due to the rain as a result there’s more profit in this season. If you’re interested try invest in just a container. It is an export deal. You can reach out to me if interested thanks

any one into importation of spare parts from Germany or Japan please I'm really interested in that business

616autos:
no brother any idea

Come partner in agriculture. Agriculture offers excellent opportunity to make steady returns. Invest in an Agritech company. Spend half on this and the rest on importation

616autos:
any one into importation of spare parts from Germany or Japan please I'm really interested in that business

Are you interested in Importation Business?

I have here with me an E-book (pdf 87 pages) that reveals step-by-step everything you need to know on:

"How to Start Importing Cheap Goods From USA,UK And China With Little Capital as low as N11,000 - N100,000 or more And Grow It To A Fortune!!!!!"

In the contents, the following key contents you're sure of getting are =>

•Introduction
•Importation business requirement
•Things to Consider before Venturing Into
Importation Business (Market Survey)
• Hot in Demand Products that you can import From USA, Uk
And China To Nigeria
•The importation Website
•Searching for the right and cheap product
• How To Track shipment and confirm delivery
• Protection Against Scam
•. How to Order Goods from USA and UK
•How to avoid customs Duties ( If you don't know this secret, you will be paying heavily whenever your goods arrive in Nigeria
•How To Advertise And Promote Your Imported Goods/Products with or without a website
• How To Import Cheap used Cars From The USA

This guide will teach you on how to start importing cheap goods from USA,UK and China at their cheapest price and enable you make 150% - 200% profit.

Are you interested to take advantage of this business opportunity at a discount price?

Price is N10,000 only

But for the first 20 people to place their order they get it at ==>>

25% discount => N7,500 only

Place your order by reaching me on
08065790083 ==> Call/WhatsApp

And have it delivered to your email address.

Good Luck To You.

EGJOSEPH1:




Are you interested in Importation Business?

I have here with me an E-book (pdf 87 pages) that reveals step-by-step everything you need to know on:

"How to Start Importing Cheap Goods From USA,UK And China With Little Capital as low as N11,000 - N100,000 or more And Grow It To A Fortune!!!!!"

In the contents, the following key contents you're sure of getting are =>

•Introduction
•Importation business requirement
•Things to Consider before Venturing Into
Importation Business (Market Survey)
• Hot in Demand Products that you can import From USA, Uk
And China To Nigeria
•The importation Website
•Searching for the right and cheap product
• How To Track shipment and confirm delivery
• Protection Against Scam
•. How to Order Goods from USA and UK
•How to avoid customs Duties ( If you don't know this secret, you will be paying heavily whenever your goods arrive in Nigeria
•How To Advertise And Promote Your Imported Goods/Products with or without a website
• How To Import Cheap used Cars From The USA

This guide will teach you on how to start importing cheap goods from USA,UK and China at their cheapest price and enable you make 150% - 200% profit.

Are you interested to take advantage of this business opportunity at a discount price?

Price is N10,000 only

But for the first 20 people to place their order they get it at ==>>

25% discount => N7,500 only

Place your order by reaching me on
08065790083 ==> Call/WhatsApp

And have it delivered to your email address.

Good Luck To You.

this is just like motivational quotes I need real life something that I will travel there nd buy myself

healthserve:



Come partner in agriculture. Agriculture offers excellent opportunity to make steady returns. Invest in an Agritech company. Spend half on this and the rest on importation

what is agritech

EGJOSEPH1:




Are you interested in Importation Business?

I have here with me an E-book (pdf 87 pages) that reveals step-by-step everything you need to know on:

"How to Start Importing Cheap Goods From USA,UK And China With Little Capital as low as N11,000 - N100,000 or more And Grow It To A Fortune!!!!!"

In the contents, the following key contents you're sure of getting are =>

•Introduction
•Importation business requirement
•Things to Consider before Venturing Into
Importation Business (Market Survey)
• Hot in Demand Products that you can import From USA, Uk
And China To Nigeria
•The importation Website
•Searching for the right and cheap product
• How To Track shipment and confirm delivery
• Protection Against Scam
•. How to Order Goods from USA and UK
•How to avoid customs Duties ( If you don't know this secret, you will be paying heavily whenever your goods arrive in Nigeria
•How To Advertise And Promote Your Imported Goods/Products with or without a website
• How To Import Cheap used Cars From The USA

This guide will teach you on how to start importing cheap goods from USA,UK and China at their cheapest price and enable you make 150% - 200% profit.

Are you interested to take advantage of this business opportunity at a discount price?

Price is N10,000 only

But for the first 20 people to place their order they get it at ==>>

25% discount => N7,500 only

Place your order by reaching me on
08065790083 ==> Call/WhatsApp

And have it delivered to your email address.

Good Luck To You.

I am only interested in just one info from your pdf. Let me know how much i need to pay for it

Try out sports trading( almist like forex) and make up to 10% of your investment monthly

616autos:
ï need direction ï want to know à business ï Can start with 4m ; ï am more interested in importation biz

616autos:
ï need direction ï want to know à business ï Can start with 4m ; ï am more interested in importation biz

Just seeing this,

I want to know how your journey went.
Did your money increase or decrease
What lesson do you have to share with us

ayoncox:


Just seeing this,

I want to know how your journey went.
Did your money increase or decrease
What lesson do you have to share with us

well my journey increased I just entered into sales dorma parts and it's moving fairly well

Try recycling business