Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,715,169 members, 6,416,958 topics. Date: Monday, 02 August 2021 at 10:36 AM

Which Business Can I Start With N20,000? - Jobs/Vacancies (4) - Nairaland

Nairaland Forum / Nairaland / General / Jobs/Vacancies / Which Business Can I Start With N20,000? (23102 Views)

What Business Can One Start Up With N700,000 In Nigeria / What Business Can I Start With 100k Very Urgent !!! / FG To Pay Jobless Youths N20,000 Monthly To Sweep Markets, Clear Gutters (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Re: Which Business Can I Start With N20,000? by Damlhaade01(m): 6:18pm On Jun 09
[quote author=jookunlaja post=102551508]Hallo business minded student. Thank God you are not tying yourself to anyone's apron for daily survival. And mind you, Entrepreneurship is the gateway to accessing wealth in Nig today especially from the citadel of learning.
My opinion is. First of all, make a good survey of your school environment and observe the kind of businesses that are thriving there. Do take your time to check properly. Study the business environment and tabulate the pros and cons of each business opportunity you see.
I won't subscribe to a laundry business if you don't have a washing machine. I also won't subscribe to recharge card business because the turnover is so so insignificant. Don't also border yourself with lottery or gamble as some guys are telling you.
However, in a typical undergraduate school environment some businesses are of high patronage and demand like:
1. Provisions and fast food-- sharwama is only good in schools in towns, not schools located in the interior corners of some villages. Provisions like milk, sugar, cornflakes, custard, Noddles, groundnut oil, beverages, sachet tomatoes, sachet milk etc. You can also add body and skin care products like creams, toothpaste, bathing and washing soaps etc
2. Typing and photocopying could also be considered if you have cash. A normal laptop with 3 or 4 in one printer can do the magic of photocopy and printing for you. You can employ a secondary school leaver to stay in the shop whenever you go lectures.
3. Ladies and men wears, either new or second hand clothes also good in students' environment. Added with underwears like panties , pillow case , bedsheet, singlets etc.
4. Shoes, canvass, ladies slippers and bathroom slippers with leather slippers can also be considered if you have a good place to buy from.
5. Foodstuffs is good if you don't have thick competitors or market around except you are ready to sell at a very little margin in order to beat competitors down. Okay for now.
Watch out for part 2[/quo

Who be dis? John of Revelations don come back?

1 Like

Re: Which Business Can I Start With N20,000? by Ayo2004: 6:18pm On Jun 09
Play manchester city and Bayern to win with over 4.5 for bet9ja virtual
U suppose fit see 3.5 odds cheesy
Thank me later
Re: Which Business Can I Start With N20,000? by Realest425: 6:19pm On Jun 09
Me sef want to know
Typicool8:
Good afternoon nairalanders.i am a student fending for myself and i am a cross road on which business I can start with 20k in a student area.please any suggestion is welcome.
Re: Which Business Can I Start With N20,000? by West2019(m): 6:20pm On Jun 09
2 odd will give 75k
Re: Which Business Can I Start With N20,000? by Thinktwicemybro: 6:20pm On Jun 09
taofeek11:
Onion business, go North, buy a bag (11k), and come and sell to South 22k
What of transport to north?
Re: Which Business Can I Start With N20,000? by Damlhaade01(m): 6:21pm On Jun 09
tahyorfrosh:
Students like food. Everybody must eat something.
You don't need to get a shop or anything too for a pastries business.

10 years ago I was in a similar position in school. What I did to help myself was to make chin chin in bulk on weekends and sell during class. All those long hours of lectures, my colleagues knew me as their snack plug. I made 5k daily from selling chin chin and it didn't affect my school because I make them and bag them on weekends. It was even cheap, #50 each and it always sold out.

I started with one paint of flour and 5 liters of oil, that was what paid for my tuition throughout the university and my project. When I realized that the business was good after my undergraduates, I expanded to making egg rolls and doughnuts in addition to chin chin, it was a good business. I further expanded to Ghana puff puff and employed over 20 sellers until Nigeria happened.

So find a business that makes you happy and something that most students can't do without and make your money from it.

May God bless your hustle.

Please check out my signature, subscribe and like my Youtube channel.

Kikikiki.... grin grin.... Nigeria happened.....that got me

1 Like

Re: Which Business Can I Start With N20,000? by yankison(m): 6:21pm On Jun 09
fatymore:



Please dash me that 20k or buy goods worth 20k. Thank you

You females nor know pass dash me dash me dash dash me in ur lifes

5 Likes 2 Shares

Re: Which Business Can I Start With N20,000? by tahyorfrosh: 6:22pm On Jun 09
optm:
Anything that has to do with eating would always sell and being in a student environment is strategic already as students are always hungry and most times may not have the time to prepare food or too lazy to do that. A quick snacking outfit wouldn't be a bad idea or you could take your stuffs along with you to lecture halls

Yes o, food sells with students. He can even test with part of the money, maybe spend 5k on something small first and see how your colleagues and other students will react to the idea. But first, survey and find their go-to snack first.

3 Likes 1 Share

Re: Which Business Can I Start With N20,000? by SweetDipBenny(m): 6:22pm On Jun 09
Start roasting corn
Re: Which Business Can I Start With N20,000? by Successmind(m): 6:22pm On Jun 09
Create your own Twitter app
Re: Which Business Can I Start With N20,000? by mechanics(m): 6:23pm On Jun 09
The money is too small to start up a tangible business.

1 Like

Re: Which Business Can I Start With N20,000? by Casper21: 6:24pm On Jun 09
You guys should follow me, I'm about to update how to make #30k daily at home using your mobile phone
Re: Which Business Can I Start With N20,000? by Realest425: 6:24pm On Jun 09
What about transport?
taofeek11:
Onion business, go North, buy a bag (11k), and come and sell to South 22k
Re: Which Business Can I Start With N20,000? by Ekg911(m): 6:25pm On Jun 09
Op i don't know if u are female or male. As for me bro.. I will advice u to start selling frying akara mixed with crayfish in a busy area around. Or just as someone said earlier, u can fry chin chin during weekends well packaged too. Bless

1 Like

Re: Which Business Can I Start With N20,000? by Realest425: 6:27pm On Jun 09
�� Twitter people are now looking for another means cos of the ban
Successmind:
Create your own Twitter app
Re: Which Business Can I Start With N20,000? by tahyorfrosh: 6:28pm On Jun 09
Damlhaade01:


Kikikiki.... grin grin.... Nigeria happened.....that got me

I'm telling you, Nigeria will definitely make business tire you. But he should be fine since he's not trying to take over the world like me.
I had big dreams then and my system worked until 'Nigeria happened' and it looked like the Nigerian system was particularly out to get me. I've done series of businesses (from selling chin chin in class to being a puff puff depo, to starting a poultry business, to food business, to supplying offices lunch. These businesses were in millions but 'Nigeria happened') over and over that when it got to millions the economy suddenly change and its back to square one.
But we won't give up. We'll keep on hustling.

Kindly check out my signature, like, and subscribe to my Youtube channel. Na the next business be that grin

6 Likes 1 Share

Re: Which Business Can I Start With N20,000? by tahyorfrosh: 6:29pm On Jun 09
mechanics:
The money is too small to start up a tangible business.

No it's not.

1 Like

Re: Which Business Can I Start With N20,000? by mechanics(m): 6:31pm On Jun 09
tahyorfrosh:


No it's not.
Okay, I know what am saying o
Re: Which Business Can I Start With N20,000? by deavicky(m): 6:31pm On Jun 09
Oluwatunmise912:
You can start a dry cleaning business

Get a fairly used steaming iron
Table

And a banner to advertise.

Start from there
the steaming iron no dey use electricity.
Re: Which Business Can I Start With N20,000? by deavicky(m): 6:33pm On Jun 09
Oliviajones:
Coffee Stand. get a large umbrella, Make some pastries, hot water cooler and set up store in front of a busy stop. Mak e
for Nigeria or Europe?.
Re: Which Business Can I Start With N20,000? by deavicky(m): 6:35pm On Jun 09
Shellsploit:
Fried akara and potatoes
this looks better. But the akara will be time consuming as a student. Maybe substitute the Ankara with yam.
Re: Which Business Can I Start With N20,000? by 1x2x3: 6:36pm On Jun 09
Start minding your business with the 20K

1 Like

Re: Which Business Can I Start With N20,000? by kingsaif(m): 6:36pm On Jun 09
My guy chop first.
Re: Which Business Can I Start With N20,000? by deavicky(m): 6:38pm On Jun 09
crazygod:

As a student, will it be feasible considering that laundry business is time tasking especially if he doesn't have washing machine.
To the Op, if you can get a good clipper, you can start a mobile barbing business. Just inform your colleagues and whoever needs home/hostel service, you will be there. cool
mobile barbing u say?. They no dey learn barbing again or Ops tell u say he be barber.
Re: Which Business Can I Start With N20,000? by Freelane33(m): 6:39pm On Jun 09
FATAI AKANDE NII
Casper21:
You guys should follow me, I'm about to update how to make #30k daily at home using your mobile phone
Re: Which Business Can I Start With N20,000? by mubarak89(m): 6:40pm On Jun 09
Ucheosefoh:
Amazon Kindle Publishing if you have a laptop.
The 20k can pay for the mentorship program and you can start earning without much investment.

You can start publishing and earning more without investing money as long as you implement everything you learn and can start investing in paid contents, tools and book covers later.

You can check out my thread about Amazon Kindle Publishing.

https://www.nairaland.com/6434778/make-money-dollars-publishing-book

Chairman! You want to collect the poor guy's 20k to teach him how to make money?��

7 Likes

Re: Which Business Can I Start With N20,000? by deavicky(m): 6:43pm On Jun 09
inoki247:
lol start playing 2 odds with it I don't know wetin 20k wan du.....


The only beta option I have for u is to go look for a beta location at doz GRA gate or a good location nd be selling fruits lik all doz aboki...

I see them buy a single water melon for 200 naira and be making like 800 to 600 naira with one...
this one for good oh but an average Nigeria student will prefer egba to fruit and considering the fact that he will have to go for lectures which means he has nite alone to sale the fruit and they are perishable items.
Re: Which Business Can I Start With N20,000? by tunary(m): 6:43pm On Jun 09
taofeek11:
Onion business, go North, buy a bag (11k), and come and sell to South 22k
What about the cost of transport. It's futile
Re: Which Business Can I Start With N20,000? by Shellsploit: 6:44pm On Jun 09
mubarak89:


Chairman! You want to collect the poor guy's 20k to teach him how to make money?��

cheesy

2 Likes

Re: Which Business Can I Start With N20,000? by snoopz: 6:44pm On Jun 09
in Nigeria or where
Re: Which Business Can I Start With N20,000? by deavicky(m): 6:49pm On Jun 09
Perfectman91:
Weed business, very profitable
this one is good and profitable but it can take u to where u no expect in very short time. you can be very unlucky the same day u start na the same day u go go there. And it will also separate you from ur book.

3 Likes

(1) (2) (3) (4) (5) (6) (7) (Reply)

N-Power Enters Assessment Phase: Press Statement From Office Of Vice President / Age Discrimination In Government Recruitment / Addax Aptitude Test

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 107
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.