They say a fool at 30 is a fool forever and our society right now has made it seem a broke guy at 30 is a fool and if that's the case sadly I am faced with this situation right now. I am 30 years and have only 100k and thinking of a business to start and leave being broke and scaling up to being rich.
I thought it was possible to start a POS business with 100k but got disapointed to find out is with at least 500k.
Now I am pleading with people with good business ideas here on a small business I can start with 100k and restart my life please.
Thank you

MTNdatahub:
They say a fool at 30 is a fool forever and our society right now has made it seem a broke guy at 30 is a fool and if that's the case sadly I am faced with this situation right now. I am 30 years and have only 100k and thinking of a business to start and leave being broke and scaling up to being rich.
I thought it was possible to start a POS business with 100k but got disapointed to find out is with at least 500k.
Now I am pleading with people with good business ideas here on a small business I can start with 100k and restart my life please.
Thank you

I laugh when people try to start pos business with meagre...
Opay is still the cheapest and it ranges BTW 10k,35k and 55k for Android pos...
Started mine with 120k last year and I was visiting bank everyday and disappointing lots of customers.

Whatever you intend venturing into with that 100k,make sure it is something eatable.
Start akara alongside it, do puff puff and other things in a busy area...
Don't ashamed to start small and don't invest all that money so you have something to fall back on or to run it

You are funny o

You even have N100,000 that's your own. And you're still complaining.

Nigerians are really greedy people. There are not up to 10 people on Nairaland with N20,000 in their bank account.

southniyikaye:
I laugh when people try to start pos business with meagre...
Opay is still the cheapest and it ranges BTW 10k,35k and 55k for Android pos...
Started mine with 120k last year and I was visiting bank everyday and disappointing lots of customers

Please how were you able to start your pos business with 120k and how does the 10k to 55k Opay pos business work?

MTNdatahub:

Please how were you able to start your pos business with 120k and how does the 10k to 55k Opay pos business work?

Tag me when replied

southniyikaye:
I laugh when people try to start pos business with meagre...
Opay is still the cheapest and it ranges BTW 10k,35k and 55k for Android pos...
Started mine with 120k last year and I was visiting bank everyday and disappointing lots of customers.

Whatever you intend venturing into with that 100k,make sure it is something eatable.
Start akara alongside it, do puff puff and other things in a busy area...
Don't ashamed to start small and don't invest all that money so you have something to fall back on or to run it

MTNdatahub:

Please how were you able to start your pos business with 120k and how does the 10k to 55k Opay pos business work?

120k excluding acquiring the pos.. The pos cost 20k back then but now cost 55k...
Then,it cost me me 120naira to and from Bank so I was going to bank everyday and sometimes twice a day.. Though I added other things that way, I was able to grow the business and I thank God today.

TarOrfeeek:
You are funny o

You even have N100,000 that's your own. And you're still complaining.

Nigerians are really greedy people. There are not up to 10 people on Nairaland with N20,000 in their bank account.

If you consider that I not in my 20s anymore and that I have come of age to have my own family you will get my point and why making steady money became compulsory right now. Please if you have any 100k business suggestion you tell me bro.

southniyikaye:
120k excluding acquiring the pos.. The pos cost 20k back then but now cost 55k...
Then,it cost me me 120naira to and from Bank so I was going to bank everyday and sometimes twice a day.. Though I added other things that way, I was able to grow the business and I thank God today.

Opay pos accreditation protocol has always declined my pos applications despite the fact I pay for the 30k pos assignment fee probably because of my embarrassing statement of account.
arthurwillia you said I should tag you when replied.

MTNdatahub:

Opay pos accreditation protocol has always declined my pos applications despite the fact I pay for the 30k pos assignment fee probably because of my embarrassing statement of account.

you don't need bank statement anymore, just your ID card, nepa bill and every info needed..
My application was declined more than 7 times until one of their agent used himself as the referral and it was granted immediately.

southniyikaye:
you don't need bank statement anymore, just your ID card, nepa bill and every info needed..
My application was declined more than 7 times until one of their agent used himself as the referral and it was granted immediately.

Wow. Please connect we with this agent abeg.

MTNdatahub:

Wow. Please connect we with this agent abeg.

just walk into any Opay office and you are good to go bro..

southniyikaye:
just walk into any Opay office and you are good to go bro..

How much should be my budget to get a pos?

MTNdatahub:

Opay pos accreditation protocol has always declined my pos applications despite the fact I pay for the 30k pos assignment fee probably because of my embarrassing statement of account.
arthurwillia you said I should tag you when replied.

Thank you

MTNdatahub:

How much should be my budget to get a pos?

depends,mpos is now 10k
Analog pos around 35k and Android pos I think BTW 50 and 55k

southniyikaye:
depends,mpos is now 10k Analog pos around 35k and Android pos I think BTW 50 and 55k

Are these prices Opay method price or using referral price?

southniyikaye:
depends,mpos is now 10k
Analog pos around 35k and Android pos I think BTW 50 and 55k

And bro, please which of these opay pos will you advice I get given my 100k total capital?

100k is more than enough

BigMoneyeye:
100k is more than enough

More than enough to start which business please?

MTNdatahub:

More than enough to start which business please?

Where are you based?

southniyikaye:
I laugh when people try to start pos business with meagre...
Opay is still the cheapest and it ranges BTW 10k,35k and 55k for Android pos...
Started mine with 120k last year and I was visiting bank everyday and disappointing lots of customers.

Whatever you intend venturing into with that 100k,make sure it is something eatable.
Start akara alongside it, do puff puff and other things in a busy area...
Don't ashamed to start small and don't invest all that money so you have something to fall back on or to run it

It’s good to notice that you’ve moved on and are doing well for yourself.
I assume you’re in a better place now...

mariahAngel:

Where are you based?

Aba, Abia state.

MTNdatahub:

Aba, Abia state.

Ok.
How about buying and selling farm produce?
Irish and sweet potatoes are in season now, and very cheap if you’re buying from the north (Jos to be precise).
With half the amount you have, you can invest in it, sell and make good profit if you’re interested.

You can go there by yourself to avoid risks.

mariahAngel:


Ok.
How about buying and selling farm produce?
Irish and sweet potatoes are in season now, and very cheap if you’re buying from the north (Jos to be precise).
With half the amount you have, you can invest in it, sell and make good profit if you’re interested.

You can go there by yourself to avoid risks.

How perishable are potatoes please?

MTNdatahub:

How perishable are potatoes please?

They’re hardly perishable. Almost like yams.

Check out this thread https://www.nairaland.com/5679342/freshly-harvested-irish-potatoes-sale/2#103943509

mariahAngel:


It’s good to notice that you’ve moved on and are doing well for yourself.
I assume you’re in a better place now...

well, God has been faithful, thank you

MTNdatahub:

And bro, please which of these opay pos will you advice I get given my 100k total capital?

I would have advice you go for the android which cost 55k but mhen, the biz won't be feasible considering your capital

MTNdatahub:

Are these prices Opay method price or using referral price?

opay

You're in a very tough situation...
I'll like to help you I'll send you a mail now...so please reply when free

southniyikaye:
I would have advice you go for the android which cost 55k but mhen, the biz won't be feasible considering your capital

Boss I would love to venture into this sir
I have about 300k to start
Please did you advise i Employ a small girl because am kind of busy
Location: Ondo Town

emmaebube:
You're in a very tough situation...
I'll like to help you I'll send you a mail now...so please reply when free

I have replied your mail sir. Thank you

bamidele89:


Boss I would love to venture into this sir
I have about 300k to start
Please did you advise i Employ a small girl because am kind of busy
Location: Ondo Town

employ a sharp one...