I have one million naira am not using.please any idea of a good investment I can make with it?please no ponzi schemes.

U go find any nearby country in west Africa and enter first...then,start there.

udomonday:
I have one million naira am not using.please any idea of a good investment I can make with it?please no ponzi schemes.

One of my best advice is to get ur international passport ready and move to Dubai. You can work and make a savings of N150k - N200 every month

writetopoker:


One of my best advice is to get ur international passport ready and move to Dubai. You can work and make a savings of N150k - N200 every month

I already have a job that pays that amount on the average.I just need a side business that will not necessarily need me to be present for it to run.

udomonday:
I have one million naira am not using.please any idea of a good investment I can make with it?please no ponzi schemes.

Investment? Hmmm....
Your surest investment is to invest with your bank but the rate is low.
Why not startup a mini business you can easily control?
Examples are:

Selling Chicken and Chips, Shawarma: you necessarily don't need any office or store which will save you funds, just book a space on any hot selling junction in your area or any financial institution closed to you, startup, employ someone and make sales.

-Toasted Bread and Egg | Indomie Shop: Rent a mini shop and get started. Similar process above.
You can make up to 5,000 daily.

Moreover, if you're willing to invest the said funds in a viable business, I have a business networking platform with startup entrepreneurs you can invest in.


For your business consultation, business planning, market research and data analyst, kindly contact me via the number on my signature

udomonday:
I already have a job that pays that amount on the average.I just need a side business that will not necessarily need me to be present for it to run.

ha Padi u gas prepare to supervise it well b4 running it on autopilot Sha

This types of topic has been over flogged on this forum.

You can use the search button on Nairaland to get ample suggestions on this.

All still boils down to the personal decision you make.

In my opinion, if you have not tried a business before, you may need to test your feet in a low risk business before drowning the whole cash.

While starting off in 2017, I ventured into FROZEN FOODS.

Here is the breakdown:

1. UK used deep freezer with follow come compressor double door(cos I have knowledge of refrigeration, so I got it at Lawanson, Ijesha Road Lagos) @#105k
2. Transport to my shop @5k
3. Shop rent with all comission paid @ 150k
4. Frozen scale @3k
5. Cutlass and handglove @2k
6.Cutting stool and other furniture @8k
7. Stationery for book keeping etc.@1k
8. Carton of Kote fish @6.5k
9. Half carton of Titus fish @8k
10.Half carton of Sawa fish @5k
11.Carton of 3-5 hake fish @7k
12. Full carton of Turkey @14k
13. Full carton of Chicken laps @11k
14 Full carton of chicken wings @13k
15. Logistics @1k
16. Gen set (I have regular power in my area but in case)@ 75k
17. Shop renovations including wiring, painting etc. #20k

Total:#434,500
Though as things are now costly at present, budget #500,000

Reach me if you are interested for other information regarding this.

I will also add the second business this first one gave birth to here...

Note this important info
When I began in 2017, I didn't know a jack about the business. Fear of failure crowded my mind but I learnt from a church member doing the business(fulcrum of succeeding is to be mentored).

I also ask around from other sellers how they fix their prices, get their supplies etc (secret of succeeding part2)

Today, I have my 9-5 job yet have someone there who manage it (you can't be cheated in what you know too). I balance my account daily after returning from work (book keeping is a way to track your success).

Throughout the lockdown till this moment, people never stopped buying even when I'm at home, they keep calling, I do online delivery too for them. They make transfer, once I get it, I send my logistic guy to deliver to their doorstep ( advantage of integrating tech to your business)

Lastly, the business is expanding as I have added other things like, groundnut oil in gallons, palm oil in gallons, seasoning ingredient in packs, semovita, wheat, rice in bags etc as they complement the biz( search for complementors when the biz is growing, hear feedbacks from customers as they are pionters to your next level)

I wish you all the best in your search.

There us

There is this online loan app that pays 20 percent per annum. To me is a better investment than bank. I think Branch or so.

writetopoker:


One of my best advice is to get ur international passport ready and move to Dubai. You can work and make a savings of N150k - N200 every month

You people seem to think it's easy to get jobs in Dubai!

Visit chinmark groups or better still for more call me
08082825645

udomonday:
I have one million naira am not using.please any idea of a good investment I can make with it?please no ponzi schemes.

Easyincome24:
This types of topic has been over flogged on this forum.

You can use the search button on Nairaland to get ample suggestions on this.

All still boils down to the personal decision you make.

In my opinion, if you have not tried a business before, you may need to test your feet in a low risk business before drowning the whole cash.

While starting off in 2017, I ventured into FROZEN FOODS.

Here is the breakdown:

1. UK used deep freezer with follow come compressor double door(cos I have knowledge of refrigeration, so I got it at Lawanson, Ijesha Road Lagos) @#105k
2. Transport to my shop @5k
3. Shop rent with all comission paid @ 150k
4. Frozen scale @3k
5. Cutlass and handglove @2k
6.Cutting stool and other furniture @8k
7. Stationery for book keeping etc.@1k
8. Carton of Kote fish @6.5k
9. Half carton of Titus fish @8k
10.Half carton of Sawa fish @5k
11.Carton of 3-5 hake fish @7k
12. Full carton of Turkey @14k
13. Full carton of Chicken laps @11k
14 Full carton of chicken wings @13k
15. Logistics @1k
16. Gen set (I have regular power in my area but in case)@ 75k
17. Shop renovations including wiring, painting etc. #20k

Total:#434,500
Though as things are now costly at present, budget #500,000

Reach me if you are interested for other information regarding this.

I will also add the second business this first one gave birth to here...

Note this important info
When I began in 2017, I didn't know a jack about the business. Fear of failure crowded my mind but I learnt from a church member doing the business(fulcrum of succeeding is to be mentored).

I also ask around from other sellers how they fix their prices, get their supplies etc (secret of succeeding part2)

Today, I have my 9-5 job yet have someone there who manage it (you can't be cheated in what you know too). I balance my account daily after returning from work (book keeping is a way to track your success).

Throughout the lockdown till this moment, people never stopped buying even when I'm at home, they keep calling, I do online delivery too for them. They make transfer, once I get it, I send my logistic guy to deliver to their doorstep ( advantage of integrating tech to your business)

Lastly, the business is expanding as I have added other things like, groundnut oil in gallons, palm oil in gallons, seasoning ingredient in packs, semovita, wheat, rice in bags etc as they complement the biz( search for complementors when the biz is growing, hear feedbacks from customers as they are pionters to your next level)

I wish you all the best in your search.

Hello Sir, i have been meaning to get in touch with you and know how to do this business properly.

Gates01:

Hello Sir, i have been meaning to get in touch with you and know how to do this business properly.

I have responded to your email.