₦airaland Forum

30k is quite small but as an entrepreneur, nothing is too small, you just need to keep moving. There are several ways to go into business, you don't have to produce, or raise products all by yourself, you can act as an intermediate between producer and distributor. Here is my suggestion
1. Critically assess the most demanded products and services within your campus and environ, there is a mini business you can invest into
2. Challenges student and workers go through can be converted into cash
3. Highly demanded services you can quickly acquire and monetized within the shortest possible time.

4. Quick supplies that is low start up capital and abit lucrative. Eg clothes, recharge cards etc.

Lastly, you can secure paint supplies with distributors and sell to students and staffs that want. To paint their rooms as you resume, you can quickly learn painting skills and be the one to be doing the painting directly, so you sell and also paint for them at the same time. With time, you can now acquire paint manufacturing skill and start your own paint manufacturing company with less than 100k.

Above all, you need to be determined and patient to grow.

agarawu23:
interesting. Where is your location?

Abuja

All you need to start a paint manufacturing company is the right paint formulation skill that will enable you produce quality paint of international standard. as for registration, for a starter, you need to register your paint company either as an enterprise or incorporation, then subsequently, you need to also register your paint brand with SON( standard organization of Nigeria) you give your brand more voice. all you need as a starter is how to produce quality paints with high coverage and supply directly to users like home builders, contractors, estate developers etc.

you can start making paints from just your backyard with affordable electric paint mixers of N35,000, get your buckets branded and start producing and supplying.

As for marketing, its very simple, paints are in high demand across every part of Nigeria, even in remote villages, cos everyone is building or investing into properties.

Profit is extremely high, a minimum of 50% profit on emulsion paints, 120 % profit on texcoat paints, 200 % profit on Satin paints as a beginner who is new. you can also raise major distributors to sell your paints across different states. All you need is the proper formulatin

Dulux paints sell 20 litres of emulsion paints for N27,000 simply because they understand what Nigerian need-high coverge paints, that same paints can be produced with N6,000. Currently i sell mine for N6,000 while a bunch of others sell between N2000-3000.
Nigeria need its youth to step into different form of manufacturing to create more jobs and increase our GDP. remember, its not just about making money, but building a system that can be transformed into a trans-generational business empire. Dont let anyone deciev you with quick money, let it be a visible business system that generation unborn can learn from. checkout my blog if you need more details. thank you

I advice you to invest your money into lucrative business that has huge demand and you can start with low capital. Paint manufacturing is one of such business, with houses and estates springing up everywhere, paints are highly sought after within rural and urban areas. Imagine being the sole producer of paints in your local government and raise major paint distributors to be selling within and across while you concentrate on quality control.

You can start your own paint manufacturing company, get an electric paint missing machine, brand your buckets and buy chemicals to produce at least 50 to 60 buckets of emulsion paints. And start supplying your own branded paints to real estate building companies, home builders, paint major distributors etc and make 50 to 150 % profit on any paint you produce

How to make N1.3 million simply producing and supply 50 buckets of Satin paints

Paint manufacturing business is one of the most lucrative business of the 21st century. any doubt?

The greatest anti-dote to poverty is self reliance. any contest?