A few years ago, a nice young man came to my house to get advice about setting up a business.

Among the things he talked about, he mentioned setting up a provision store. He thought 700k was a big sum for that.

Well, I started by asking him a few questions like these...

1. How much would it cost you to get a good shop in a good location?

Well, that would take at least 200k from his capital and he'd be left with just 500k.

2. What about carpentry work and painting?

Well, we estimated at least 50k. So he was left with 450k.

Then we talked about getting the items and that was where things got interesting...

We started with beverages: Milo, Bournvita, Richoco, Cowbell, Ovaltine, etc.

Then we looked at the different types and sizes: Refill, tin; large, medium, small tins/refills and then tiny sachets.

By the time we went into our calculation, he saw that beverages alone would take over 100k.

Needless to say, he decided NOT to go into that business.

He NEVER knew that those well stocked provision stores he was seeing were worth some millions of naira.

He was shocked. But do you know what was more shocking?

The little profit margin possible on those items...

A number of items were sold with less than 50 naira as the profit on them. So making a profit of 100k per month from a provision store isn't that easy.

And, God help you if rats decide to visit your store and taste some of your items...

I know. We used to have a small provision store.

My point with all this?

It takes a lot of cash investment to build a store that can give you 100k profit by month.

Check it out and tell me which legitimate business can give you a similar return on investment.

Here's the original message...

You can read the narration in this post.