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Nairaland Forum / Nairaland / General / Business / Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? (25887 Views)
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Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by AuroraB(f): 1:16pm On Jul 09, 2021 |
Seniorwriter:Did you read the post at all 6 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by flokii: 1:16pm On Jul 09, 2021 |
Beedude: That's a wrong mindset.. most of those foreign investors in Nigeria now are elderly Lebanese, Indian and Chinese people in their sixties and seventies creating wealth for their home country and Nigeria. Life starts at 60yrs abeg. Their wealth of experience is needed to provide solutions and move our economy forward. 3 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Nisiw365: 1:16pm On Jul 09, 2021 |
iwaeda:Do you mean amala? 1 Like |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Nobody: 1:17pm On Jul 09, 2021 |
advanceDNA:What of fx people 1 Like |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by doggedfighter(f): 1:18pm On Jul 09, 2021 |
Brokeronline: What's funny about being a 70 year old? |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by SpruceMediaNG: 1:20pm On Jul 09, 2021 |
Beautynaija: And I have setup over 70 businesses entering millions and currently handling a 30 man Enterprise. Nigerians and toxicity never ceases to amaze me. You managed to write out your father's failures and project his miserable existence as though it were mine Fuul |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by colestephan86: 1:22pm On Jul 09, 2021 |
Sankabson:He should start a brothel 5 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by AuroraB(f): 1:22pm On Jul 09, 2021 |
Digitalcreator:You were warned to scram from this thread, you no hear 2 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by doggedfighter(f): 1:25pm On Jul 09, 2021 |
aycorporat: Some people are are so amazing that they hardly think. All they do is type 4 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Uniswap: 1:27pm On Jul 09, 2021 |
Buy tents and chairs and keep Or building stuff and be renting out on a daily basis 1 Like |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Nobody: 1:27pm On Jul 09, 2021 |
slawormiir:won't you learn now because you can't bomb till 65year o. 2 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by cleish(m): 1:27pm On Jul 09, 2021 |
You can set up a Plumbing materials business, travel down to Lagos and buy directly from the importers in large quantity. Also make contacts with building engineers and plumbers in your town and beyond. Their patronage and recommendation is very important for business growth If your business is large, you can also serve as a retailer to smaller plumbing stores, though the profit would be reduce... You will have to employ a sales person. On a single transaction with an engineer or contract for WC & fittings worth 600k, you can make a profit of 30k to 50k from it. Just imagine you have two of such transactions in a week. 1 Like |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by oyejideogunjumo: 1:30pm On Jul 09, 2021 |
Sankabson:He is too old to go into any business he has no previous experience. He should not die of heart attack because the young guys he may employ may take undue influence of his inexperience to deprive him of his possibly retirement money. I will advise that he put his money in a fixed deposit and tell the bank to release certain amount of money,say N50K monthly for his upkeep and spend the rest of his life to enjoy his money. In addition,he can have a shop in front of his house where he can be selling pencils,Biro eraser for students in the morning, go back and sleep and sell fire wood or coal or kerosene in the evening in the locality. Just petty trading to keep himself busy and do exercise in the morning and evening. My options though 5 Likes 1 Share |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Nobody: 1:34pm On Jul 09, 2021 |
Beautynaija: 1 Like
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Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Michaelota: 1:36pm On Jul 09, 2021 |
Stay in front of your �, gate and build a shop To be selling building materials,also get a right to sell cement. Very lucrative and they are non perishable goods to sell. |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by tobadex1(m): 1:38pm On Jul 09, 2021 |
olad54:check my signature for whatsapp number I will put u through |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Beautynaija: 1:39pm On Jul 09, 2021 |
SpruceMediaNG: You are a noise maker. Upload a picture of your office. I will upload a video of my estate. 6 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by fuke(m): 1:41pm On Jul 09, 2021 |
Sankabson: Fix your money and live on the interest. You are too old to run around more so if you have not been in biz before. |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by REDshouse(m): 1:48pm On Jul 09, 2021 |
Sankabson:flourmill pdt 1. Semolina wholesale 2. Macaroni wholesale 3. Wheat wholesalers 4. Spagethhi 5. Flour U just have to monitor sales nothing more 2 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by macjireh: 1:50pm On Jul 09, 2021 |
Sankabson:Why not sponsor someone abroad and get twice ur investment in 1yr....my baby sister is a nurse about to travel to work in UK but needs just less than 3mil to travel....if she can get dat she can send back double payments in less than 1year of getting there |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by biafranrealson: 1:51pm On Jul 09, 2021 |
They do not learn left hand at old age . When he was in active service , he could have been codedly learning one trade or the other. That 3.5m is his life line unless he has already made children he can fall back on . What he can do now will depend on the experience he had during active service 2 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by biafranrealson: 1:52pm On Jul 09, 2021 |
macjireh: What if your sister died 2 months in UK ? 6 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by macjireh: 1:53pm On Jul 09, 2021 |
biafranrealson:my sister can't die....we have covenant of long life in my family...my parents and all my siblings are alive...my parents are almost 70 and still kicking,, so none of us is dying without fulfilling our destiny 1 Like |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Proanalyst(m): 1:53pm On Jul 09, 2021 |
joinnow: A bank pays 5% monthly? 1 Like 1 Share |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by ogogod: 1:54pm On Jul 09, 2021 |
joinnow: Please which bank gives 5% monthly upon 3million naira deposit? 2 Likes 1 Share |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by mrkings84(m): 1:56pm On Jul 09, 2021 |
Set of an agro farmers with layer chicks. You start getting return from the 7th month as the birds start laying from around that period. This is a high profitable biz..... 3.5m is a good capital for such a biz. |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Ewedegubbler: 1:59pm On Jul 09, 2021 |
Sell cement and sit there and gossip all day |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Parisfran(f): 2:01pm On Jul 09, 2021 |
biafranrealson: If he said the man should sponsor his own kids, I can understand. But to sponsor someone on the internet’s sister is the worst thing on this thread. My own advise to the OP, is there is no business without training, anything you choose look for a way to learn it first before committing capital. Even food business, two people can cook in the same location and both will have customers but only one will have profit at the end of the year. 2 Likes |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Charly68: 2:03pm On Jul 09, 2021 |
Dig borehole and be selling water..you will make your cool cash daily.. |
Re: Which Business Can A 65-Year-Old Man Do With ₦3.5M Capital? by Oluwahelpme(m): 2:03pm On Jul 09, 2021 |
Sankabson:Let open Barbing Salon. I'm a professional barber. I can manage well for u. |
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