Baba don collect grant, gbayii

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.

Can Admin help push this thread. We have many older people on here, that doesn't wanna sit idle at home. There's so many Brilliant Mind on Nairaland.


Thanks In Advance.

distributor at Honeywell noodles

set up multiple POS business. there is no way sales girl can cheat you.

SpruceMediaNG:
Let's reason together on this.

He needs to be involved with businesses that requires less moving around and more of supervision.

He needs to be doing businesses that gives daily returns

He needs to work with the young and willing and get returns in a supervisory model


He needs to do a business that doesn't require excessive movement, doesn't deteriorate without capital funds, yet accrue interest

There are different businesses that fits the profile


Let's explore a few ideas


1. Wholesale distributorship for bottle drinks, bottled water combined with whole sale egg sales as Ibadan is connected with many large poultry. The customers for one commodity will attract more customers to buy the other commodity. With 2 Million rentage of shop and stocking can begin with these two products





2. Having a mini convenience store. With around 500-850 for rentage depending on location and the rest for stocking, a neighborhood mini Mart can be setup conveniently with this amount.




3. Sales of nylon wholesale. Buying from factories and selling to retailers is an excellent business that even 500,000 Naira can coneniently setup. It also yields daily returns



4. Transportation. 2.5 Million can setup two to four buses or cars depending on quality and handed to three drivers while you expect daily or weekly returns depending on your arrangement.


5. Saw Mill


6. Sales of Building Materials


7. Haulage Business


8. Business centre


9. Multiple POS business hubs

I chose number 1 and 3 from you plus

C. Selling of floor tiles only. Building materials na complex term.

D. Selling of select foodstuffs in bags/ cartons. Rice, beans, Tomato paste, and vegetable oil only

Let baba just sit down enjoy and spend his money. Starting a business at that age without a trusted person will lead to HBP for the old man.
Starting a business requires much energy and brain twisting. Make baba no go die of stress

Analyst7:
Buy doge coin and keep for a year

Doge bawo?
It will end in tears
Doge is a shitcoin
It is only an Altcoin I have believe in

Transportation,,,(He can start hire purchase), also supply of food stuffs (if it's too stressful,he can employ someone)..

Also cooking food business...If you can find a spot in UI ,,,,YOU can still make it steady.

And maybe by some substantial shares from foreign companies....!!!

The future is bright...!!!

Make una allow the 65 old man to enjoy abeg.. make him invest 1.5million.. use the remaining 2million dey take pepper soup and beer everyday..oga don try

Open a bakery.

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.

Can Admin help push this thread. We have many older people on here, that doesn't wanna sit idle at home. There's so many Brilliant Mind on Nairaland.


Thanks In Advance.

He sell Okada parts or building materials

Oga, eyes dey red.

They will scam you o.

Eat your money N60k per month.

It will last you almost 5 years.

Please in the name of God, he should avoid anything transportation in Nigeria, Nigerians are very wicked people. I warn you oh!!!!!!!!!!!!!!!!

SpruceMediaNG:
Let's reason together on this.

He needs to be involved with businesses that requires less moving around and more of supervision.

He needs to be doing businesses that gives daily returns

He needs to work with the young and willing and get returns in a supervisory model


He needs to do a business that doesn't require excessive movement, doesn't deteriorate without capital funds, yet accrue interest

There are different businesses that fits the profile


Let's explore a few ideas


1. Wholesale distributorship for bottle drinks, bottled water combined with whole sale egg sales as Ibadan is connected with many large poultry. The customers for one commodity will attract more customers to buy the other commodity. With 2 Million rentage of shop and stocking can begin with these two products





2. Having a mini convenience store. With around 500-850 for rentage depending on location and the rest for stocking, a neighborhood mini Mart can be setup conveniently with this amount.




3. Sales of nylon wholesale. Buying from factories and selling to retailers is an excellent business that even 500,000 Naira can coneniently setup. It also yields daily returns



4. Transportation. 2.5 Million can setup two to four buses or cars depending on quality and handed to three drivers while you expect daily or weekly returns depending on your arrangement.


5. Saw Mill


6. Sales of Building Materials


7. Haulage Business


8. Business centre


9. Multiple POS business hubs

Cements and sands you can add gravels stones he should register with Dangote they will supply him always they're building site all over this business is profitable it's good for elderly

Cement business, just sit and sell. No stress.

Sir, Agriculture!
Whether it's poultry or food crops, just settle with agriculture you'll be comfortable with no stress and still earn

Sankabson:
Can you suggest a product Sir?

It’s different consumables. Go to leyland at Monatan, multipro has their office there. Indomie, munch it, Kellogg’s etc. he can get them at factory price and resell

Give yr pastor 10%... The balance go double

Let him open a Wholesale Provision Store (i.e Bags of rice, Instant Noodles, Seasonings, Biscuits, Juice, Milk, toothpaste, Spaghetti, Sugar, etc) other retail shop's around his environment can buy from him.....

I think an elderly person should look more into wholesales or retail business.. like having a mini depot of maybe cement, paint, aluminium sheets for roofing, blocks and other building materials.

I don't know if people still make money from hire purchase of tricyles, korope mini bus and the likes, that would have been another nice venture. However, getting a tokunbo car to lease out for Uber or bolt too is something.

SpruceMediaNG:
CHECK MY THREADS IF YOU WWNT TO LEWRN HOW TO WORK FROM HOME AND MAKE A DECENT LIVING FROM IT.


Let's reason together on this.

He needs to be involved with businesses that requires less moving around and more of supervision.

He needs to be doing businesses that gives daily returns

He needs to work with the young and willing and get returns in a supervisory model


He needs to do a business that doesn't require excessive movement, doesn't deteriorate without capital funds, yet accrue interest

There are different businesses that fits the profile


Let's explore a few ideas


1. Wholesale distributorship for bottle drinks, bottled water combined with whole sale egg sales as Ibadan is connected with many large poultry. The customers for one commodity will attract more customers to buy the other commodity. With 2 Million rentage of shop and stocking can begin with these two products





2. Having a mini convenience store. With around 500-850 for rentage depending on location and the rest for stocking, a neighborhood mini Mart can be setup conveniently with this amount.




3. Sales of nylon wholesale. Buying from factories and selling to retailers is an excellent business that even 500,000 Naira can coneniently setup. It also yields daily returns



4. Transportation. 2.5 Million can setup two to four buses or cars depending on quality and handed to three drivers while you expect daily or weekly returns depending on your arrangement.


5. Saw Mill


6. Sales of Building Materials


7. Haulage Business


8. Business centre


9. Multiple POS business hubs

Bloggers style.

Too much talk, zero experience.

The best Advice I will give you is to start a digital agency.
If you have a big house where you can convert to workspace thats a big plus.
You can render service like
Social media management
Advertising
Content Creation
Solve digital marketing problems
Web development
And alot more

Use the capital to set up workspace for digital marketers, social media managers, web developer, Create your social media channels and website and launch this is the best advice I can drop for you and
It's lucurative .. What'ssapp me here /2347017203204 am a digital marketer and am up for a start up

SpruceMediaNG:
CHECK MY THREADS IF YOU WWNT TO LEWRN HOW TO WORK FROM HOME AND MAKE A DECENT LIVING FROM IT.


Let's reason together on this.

He needs to be involved with businesses that requires less moving around and more of supervision.

He needs to be doing businesses that gives daily returns

He needs to work with the young and willing and get returns in a supervisory model


He needs to do a business that doesn't require excessive movement, doesn't deteriorate without capital funds, yet accrue interest

There are different businesses that fits the profile


Let's explore a few ideas


1. Wholesale distributorship for bottle drinks, bottled water combined with whole sale egg sales as Ibadan is connected with many large poultry. The customers for one commodity will attract more customers to buy the other commodity. With 2 Million rentage of shop and stocking can begin with these two products





2. Having a mini convenience store. With around 500-850 for rentage depending on location and the rest for stocking, a neighborhood mini Mart can be setup conveniently with this amount.




3. Sales of nylon wholesale. Buying from factories and selling to retailers is an excellent business that even 500,000 Naira can coneniently setup. It also yields daily returns



4. Transportation. 2.5 Million can setup two to four buses or cars depending on quality and handed to three drivers while you expect daily or weekly returns depending on your arrangement.


5. Saw Mill


6. Sales of Building Materials


7. Haulage Business


8. Business centre


9. Multiple POS business hubs

Transportation business is bae... Infact, it is your money that will be working for you. Involve your lawyer tho and agreement must be signed

Livestock

Pig or Goats and Sheep

It is very relaxing for elderly

Or let the man just employ people to Cultivate Cassava and Maize for him then he pays for labour

But an Area where there are no herdsmen

Ps Before setting up any Business you must visit at least 4 people doing the Business and learn what they are doing

Baba Ijebu or Naija bet n u will thank me later

SpruceMediaNG:



You are the one bringing negative energy to the thread.

Grow up. He's 65 and can think. You're too toxic


Smh

Scammers don't wait for your negative energy b4 harming you.

The only way to avoid a scammer is being smarter than the scammer.

Often, it comes with experience and caution.

Seniorwriter:


I'll suggest you go for any of the following 10 profitable monetizing process with just #1m out of the #3.5m to for a 20% ROI monthly.
They can be done from the comfort of your home or workstation with very little time consumption and stress @65yrs with such money then your money should be working for you no matter your location(Ibadan).

# Dropservising.
# Consumables.
# eCommerce.
# Digital trades.
# Whiteboard Animation Sales.
# Tech Hub leasing.
# B2B Broker.
# E-Sport Broker.
# Youtubing via Paid Sub4Sub.
# Online Product Distribution.

For more details or breakdown feel Free to engage....FYI all the above Ventures does not require your money out of your hands or possession....you'll be in total control of your investment funds and may only need hands as you expand in earnings and activities.

@Seniorwriter

All these for a 65 years old man trying to do business?

guys sorry to jump on this topic. but am interested in the nylon business. can somebody give me links or companies to buy the nylons from. thank you.

It's simple.... Look for what your area is lacking and provide it......

At 65, he must be seriously planning his retirement. He should relocate back to his village and set up a poultry

Set up an adult care home