OnlineBusinessC:
You're given N500k now and you're asked to turn it into N3 million in 6 months.

What would you do in order to achieve this?
Please be as detailed as possible.

Let's go!

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PS: Somebody somewhere is tempted to type "Ahn ahn. Even Yahoo-Yahoo nor fit"

If this is you, drop your phone. It's poverty of the brain that wants to embarrass you in public. Just be quiet, read the comments, learn and expand your consciousness.

ahnie:
Yes I can and I m confident about it.
I m into street business as side hustles.

Hamachi:
No wonder you responded by 3:01am

Hamachi:
No wonder you responded by 3:01am

ahnie:

Because that's the time people that are determined to be successful wakes up and strategize,it's the same time when the human brain is at ease and functions very well and aligns with better thoughts.

Go thru my thread on nairaland and see that I m mostly in the food business/catheter/oil business.

So I m optimistic that I would make more than 3 million in 6 months when given the right tools.

Hamachi:

Ynix:


It will begin with me having a vision and mission statement. Here is my vision and mission statement assuming I am having this kind of cash Vision Statement: My vision is to become the go-to source for high-quality digital products and services in Nigeria, and to provide our customers with the best possible shopping experience.

Mission Statement: My mission is to empower myself and others with digital skills and knowledge, and to help them achieve financial freedom by providing affordable and high-quality digital products and services.

With the given N500k, I believe that I can turn it into N3 million in 6 months by leveraging my skills in digital marketing, selling digital products and cheap electronics gadgets. I will also utilize my knowledge and expertise gained from reading books such as Sell Like Crazy, Click Millionaire, and How to Sell to Nigeria.

To achieve this goal, I will focus on the following strategies:

Digital Marketing: I will leverage my skills in digital marketing to promote our products and services to potential customers through various online channels such as social media, email marketing, search engine optimization (SEO), and paid advertising.

Selling Digital Products: I will offer high-quality digital products such as online courses, e-books, and software tools that provide value to our customers. These products will be priced competitively and marketed effectively to reach a larger audience.

Selling Cheap Electronics Gadgets: I will source for affordable and high-quality electronics gadgets such as smartphones, laptops, and accessories from reliable suppliers, and offer them to our customers at competitive prices.

Mobile App and Blogging:
I will develop a reward mobile app and Blog that will reward users for activities, payments will be made by Google Admob, StartApp, Applovin and Facebook Audience Network. From this I should be generating like 200-500k per month.

Customer Service: I will prioritize customer satisfaction by providing excellent customer service, fast shipping, and hassle-free returns. This will build customer loyalty and help us to generate repeat business.

Continuous Learning: I will continue to learn and improve my skills through reading books, attending seminars, and networking with other professionals in the industry. This will enable me to stay up-to-date with the latest trends and best practices in digital marketing and e-commerce.

By implementing these strategies, I am confident that I can achieve my goal of turning N500k into N3 million in 6 months. In fact, I believe that with hard work, dedication, and continuous learning, I can even exceed this target and achieve greater success in the long term.

What do you think about this?

Queendera:
too many words. No substance.

Personally, I'd say I'll start a food movement business.

My friends used to buy rice from the village and resell in the city.

They met a huge demand but lacked the capital to sustain it.

Most people that De-stone, repackage and resell the rice don't want to pay upfront and people that sell the rice don't want to give their products on credit.

So they were stucked with 25-50k orders which are mainly for individual consumers. Eventually school reopened and they came back.

So, yeah I may think along this line.

Or but personally personally if I have this capital and have no time frame or I'm not in a hurry, I'd probably invest it in book publishing on Amazon.

Buy the tool I need and invest most part of it in good writers

ahnie:
Yes I can and I m confident about it.
I m into street business as side hustles.

IyaTola:

Queendera:
too many words. No substance.

Personally, I'd say I'll start a food movement business.

My friends used to buy rice from the village and resell in the city.

They met a huge demand but lacked the capital to sustain it.

Most people that De-stone, repackage and resell the rice don't want to pay upfront and people that sell the rice don't want to give their products on credit.

So they were stucked with 25-50k orders which are mainly for individual consumers. Eventually school reopened and they came back.

So, yeah I may think along this line.

Or but personally personally if I have this capital and have no time frame or I'm not in a hurry, I'd probably invest it in book publishing on Amazon.

Buy the tool I need and invest most part of it in good writers

Queendera:
too many words. No substance.

Personally, I'd say I'll start a food movement business.

My friends used to buy rice from the village and resell in the city.

They met a huge demand but lacked the capital to sustain it.

Most people that De-stone, repackage and resell the rice don't want to pay upfront and people that sell the rice don't want to give their products on credit.

So they were stucked with 25-50k orders which are mainly for individual consumers. Eventually school reopened and they came back.

So, yeah I may think along this line.

Or but personally personally if I have this capital and have no time frame or I'm not in a hurry, I'd probably invest it in book publishing on Amazon.

Buy the tool I need and invest most part of it in good writers

Ynix:


That means you have a deep crab mentality, if you have to spoil another person ideas to make yours seem special.

People held down with this attitude rarely make it in life. Change from it I beg you

Ynix:


That means you have a deep crab mentality, if you have to spoil another person ideas to make yours seem special.

People held down with this attitude rarely make it in life. I have a premonition that you are also narcissistic. Change from it I beg you

Queendera:
I don't understand, where exactly am I pulling you down from? did op say he's going to give you the money??

I'm just giving suggestions not in anyway trying to pull you down.

And honestly, anyone that read that article will have no idea what you actually want to do with 500k if you have it.

And if you see any variance to your opinion as "pulling you down" how then do you improve as a person?


I think I have worked with you before as a freelancer?

Ynix:

No,I don't think so.
I made the comment not because I am looking for money, but to help someone that might see it beyond the OP.
Also, I don't think I have worked with you before.

Queendera:
shikena.

Oh, we have.