₦airaland Forum

So zenith no take anything issorite

babyfaceafrica:
whites are better than you... simple!,...when you have someone 35 year old gratuity.. you can do business with it and return in a month

Go back read and comprehend the ops message well

Ugosample:
white folks have access to a near endless pool of capital in various forms at low interest rates

that's their edge

Africans on the other hand don't have that...
instead its to destroy each other them sabi
.So don't even compare


so many white folks have invested in businesses of people that they hardly knew as at then....
they just saw a promising idea

And that was it


But in africa; which "big man" does that?

na to destroy each other una sabi


So don't compare

Hmmmmm. Una Sabi abi we sabi

Karatum:
I am opportuned to have 4million at my disposal which was given to me by mother. Its part of her gratuity. The thing is this, she will collect this sum in a month's time as she wants to start up something.

Pls folks, what genuine business can I put this money in and make profits. The time frame here is 1month. I really wish to know.

My advice, pls remove the notion that you will be able to return the 4m in a month if invested cos this will only help you in making some rash decisions.

You can go into agriculture (fish farming for example) get someone who's done it before to advice you and mentor you.

If you are Yoruba you can also go for bars, sophisticated ones, not bear parlour. All you need is get a good location

You cannot also underestimate sports in Nigeria, you can do a football house and or become a bet9ja agent all in a nice location.

Many more just seek for advice from experienced working people

babyfaceafrica:
easier said than done..you think business is easy in Nigeria!!.. don't experiment with people's sweat... experiment with yours

I bet some of our reasoning is why the whites are better of than us

Ugosample:
what are you saying?


I have seen this play out again and again and again

People losing their life savings due to the harsh business realities of Nigeria, And the wicked people out there ready to swindle unsuspecting people


It's not that she has already started running a business
or she had a business idea she has been nursing and learning about (if she did, she will not be here asking )

in her peculiar case, she better hold the money, or invest in fixed deposits/mutual funds
any other thing will be too risky

I see people make this mistakes ALL THE TIME

Everything in life involves risk but trying nothing at all is foolishness, because you think cars are liable to have accident doesn't mean you stop driving

Ugosample:
that 4m might be all she has...


if there is much more money in her coffers, then there is room to experiment with the 4m. (some families can afford such)

But when that's the bulk of the family net worth, you better use your sense and hold it tight

Nigeria is a very unforgiving country when you make business blunders

So you mean they should keep holding the 4m till infinity, if someone is reasonable enough 2m out of it is enough to liberate a generation from poverty, there are people out there crying for just 1m to start a living even 500k. If a person invest 4m and it all goes South that person should relocate to the church. Comm'on guys all he/she needs is think.

I will advise you use the money to start something, leaving the money because of scammers or blah blah will just make you look useless. Just start something even if the return will not be enough to pay your mother, the joy of a mother is to see her child be reasonable with 4m and start something when afforded the opportunity, who knows she might be testing you, if you are able to invest in something reasonable with good returns am sure your mum won't mind waiting for another month or two.