Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.

Can Admin help push this thread. We have many older people on here, that doesn't wanna sit idle at home. There's so many Brilliant Mind on Nairaland.


Thanks In Advance.

CHECK MY THREADS IF YOU WWNT TO LEWRN HOW TO WORK FROM HOME AND MAKE A DECENT LIVING FROM IT.


Let's reason together on this.

He needs to be involved with businesses that requires less moving around and more of supervision.

He needs to be doing businesses that gives daily returns

He needs to work with the young and willing and get returns in a supervisory model


He needs to do a business that doesn't require excessive movement, doesn't deteriorate without capital funds, yet accrue interest

There are different businesses that fits the profile


Let's explore a few ideas


1. Wholesale distributorship for bottle drinks, bottled water combined with whole sale egg sales as Ibadan is connected with many large poultry. The customers for one commodity will attract more customers to buy the other commodity. With 2 Million rentage of shop and stocking can begin with these two products





2. Having a mini convenience store. With around 500-850 for rentage depending on location and the rest for stocking, a neighborhood mini Mart can be setup conveniently with this amount.




3. Sales of nylon wholesale. Buying from factories and selling to retailers is an excellent business that even 500,000 Naira can coneniently setup. It also yields daily returns



4. Transportation. 2.5 Million can setup two to four buses or cars depending on quality and handed to three drivers while you expect daily or weekly returns depending on your arrangement.


5. Saw Mill


6. Sales of Building Materials


7. Haulage Business


8. Business centre


9. Multiple POS business hubs

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.


Thanks In Advance.

Let the papa reason wholesale provisions. He can sit and read newspaper, while suppliers and customers relate with his salesgirl. How you see am?

delugadou:

Let the papa reason wholesale provisions. He can sit and read newspaper, while suppliers and customers relate with his salesgirl. How you see am?

If he does this his sales girl will perfect a plan to be stealing his money without him knowing!

Cryptocurrency people....please don’t come here

SpruceMediaNG:
Let's reason together on this.

He needs to be involved with businesses that requires less moving around and more of supervision.

He needs to be doing businesses that gives daily returns

He needs to work with the young and willing and get returns in a supervisory model


He needs to do a business that doesn't require excessive movement, doesn't deteriorate without capital funds, yet accrue interest

There are different businesses that fits the profile


Let's explore a few ideas


1. Wholesale distributorship for bottle drinks, bottled water combined with whole sale egg sales as Ibadan is connected with many large poultry. The customers for one commodity will attract more customers to buy the other commodity. With 2 Million rentage of shop and stocking can begin with these two products





2. Having a mini convenience store. With around 500-850 for rentage depending on location and the rest for stocking, a neighborhood mini Mart can be setup conveniently with this amount.




3. Sales of nylon wholesale. Buying from factories and selling to retailers is an excellent business that even 500,000 Naira can coneniently setup. It also yields daily returns



4. Transportation. 2.5 Million can setup two to four buses or cars depending on quality and handed to three drivers while you expect daily or weekly returns depending on your arrangement.


5. Saw Mill


6. Sales of Building Materials


7. Haulage Business


8. Business centre

Building material is actually not Bad at all. But i dont he has much energy for that..

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.


Thanks In Advance.

Very soon the scam gang will start sending you phone numbers for you to call them...

Please don't contact anyone offline to discuss any business proposal.

Anything that cannot be discussed here is not worth your time

delugadou:

Let the papa reason wholesale provisions. He can sit and read newspaper, while suppliers and customers relate with his salesgirl. How you see am?

Can you suggest a product Sir?

Sankabson:


Building material is actually not Bad at all. But i dont he has much energy for that..

You need to do business that brings you the money, not you going after the money.

There's need to patiently scrutinize and analyze to find the one that works for you

SavageResponse:


Very soon the scam gang will start sending your phone numbers for you to call them...

Please don't contact anyone offline to discuss any business proposal.

Anything that cannot be discussed here is not worth your time

Noted Sir.. LOol!

SavageResponse:


Very soon the scam gang will start sending your phone numbers for you to call them...

Please don't contact anyone offline to discuss any business proposal.

Anything that cannot be discussed here is not worth your time

You are the one bringing negative energy to the thread.

Grow up. He's 65 and can think. You're too toxic


Smh

delugadou:

Let the papa reason wholesale provisions. He can sit and read newspaper, while suppliers and customers relate with his salesgirl. How you see am?

if he does that they will steal him shege!

he must be actively involved in anything he choses to do.

sales of provision, building material, carpentry materials, and shoe making materials will make him rich and comfortable in no time.

SpruceMediaNG:



You are the one bringing negative energy to the thread.

Grow up. He's 65 and can think. You're too toxic


Smh

E pain am

I know you're a member of the "Call me let us discuss" group, meanwhile your only interest is to corner some of the money

SpruceMediaNG:
Let's reason together on this.

He needs to be involved with businesses that requires less moving around and more of supervision.

He needs to be doing businesses that gives daily returns

He needs to work with the young and willing and get returns in a supervisory model


He needs to do a business that doesn't require excessive movement, doesn't deteriorate without capital funds, yet accrue interest

There are different businesses that fits the profile


Let's explore a few ideas

1. Wholesale distributorship for bottle drinks, bottled water combined with whole sale egg sales as Ibadan is connected with many large poultry. The customers for one commodity will attract more customers to buy the other commodity. With 2 Million rentage of shop and stocking can begin with these two products

This retail business is the only thing I see here but it must be for a non-perishable commodity

2. Having a mini convenience store. With around 500-850 for rentage depending on location and the rest for stocking, a neighborhood mini Mart can be setup conveniently with this amount.

Not a good idea for someone of that age who has never done business before.

If he wants to avoid being cheated in this business then he needs to be ready to do stock taking of all the items in the store at least once every 2 weeks

3. Sales of nylon wholesale. Buying from factories and selling to retailers is an excellent business that even 500,000 Naira can coneniently setup. It also yields daily returns

This business requires a lot of leg work because he needs to get customers then try and pull them away from their current suppliers

4. Transportation. 2.5 Million can setup two to four buses or cars depending on quality and handed to three drivers while you expect daily or weekly returns depending on your arrangement.

Op if you want the old gentleman to develop high blood pressue in the next 6 months then invest in this business, if not then avoid it by all means

5. Saw Mill

If he invests in this business they will cheat him since he knows nothing about the different kinds of wood. They will justy be giving him rubbish stories about how business is not going well meanwhile they will be diverting the sales proceeds to another account

6. Sales of Building Materials

This business also requires some level of experience and energy which I'm not sure a 65 year old retiree has

7. Haulage Business

Sankabson, I beg you in the name of whatever you worship do not invest in haulage business. That business requires strong hand and 100% monitoring otherwise your drivers will frustrate you.
Those guys have plenty of stories - If tyre did not burst hydraulic hose will burst. If VIO did not catch them it will be FRSC and if it's not that then they will tell you that the truck broke down in the middle of a thick forest.

Some will use your truck to be doing private business, the money will be going into their pocket while the wear and tear on the truck and other expenses will be on your head!

In fact if you put your money in this business as a passive investor just know that you have set fire to your money!

8. Business centre

Na who dey still invest money for business centre these days?

9. Multiple POS business hubs

Investing and running a POS business requires someone who is young and tech savvy so he can quickly understand the latest trends.

Also be aware that there are a lot of scams in the POS business space and a 65year old man may not quickly catch on when he is being scammed.

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.

Can Admin help push this thread. We have many older people on here, that doesn't wanna sit idle at home. There's so many Brilliant Mind on Nairaland.


Thanks In Advance.

Why Nairalander always ask this kind of questions without giving more details.
Let me start with.
What is his passion
What is his hobby
What is his skills
What is his experience
Then we can pick from the universal subset to direct him which business to go for.
What of if I tell you go and buy 6 Keke and put for challenge to odina or ojoba. And be making 18,000 daily
What of if I tell you to buy 3micra and use as taxi and be making 12kdaily
What if I tell you to buy India tractor and hire out at 10k everyday
What of I tell him to open mini bakery and sell every evening at orita
What of using just 1.5 million to open pig farm and the 10 Gilt gave birth to 5 each you have 50 x 3 = 150 piglet in a year. Note some pig give birth to 14 at once. What of if I tell him to put 3mlm into a bank account that pays 5% monthly in Nigeria.
What of if he bought 50 wheel barrow and make 50 uniform and hire it out daily and make 10,000 daily.
What getting a water tanker more biz during g dry season.
You can ask me more

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.

Can Admin help push this thread. We have many older people on here, that doesn't wanna sit idle at home. There's so many Brilliant Mind on Nairaland.


Thanks In Advance.

Let open Barbing Salon. I will run it perfectly for you. I'm a Barber.

Sankabson:
Can you suggest a product Sir?

provisions nor be one product.
If na me, I go collect big space where there is good traffic, probably near a big school. Secure the doors and ceiling, then contact suppliers of indomie, Milo, milk, biscuits, golden morn, sweets, little packs of juice eg ribena, chivita etc. Different brands oo. Two deep freezers for assorted mineral and drinks, some bags of pure water too. A good generator, then get a loyal salesgirl.
Baba will be the one to open the shop and lock it daily. Dat means he is the only one with the keys. The girl will be the one to carry load while baba will be the one to collect money and give change. When he is free, he can gist with the girl or study his newspaper.

The idea is to be selling in bulk to the bulk buyers and also selling in units to the individual consumers.

Cc

MrKnowitAll

Mynd44

Dominique

Lalasticlala

Do a business that will make people to patronise you every day... You can go for provision and foodstuff business..you can combine the two...

Damnnn niggar
Isoright....

Grab my weed while I read comments

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.

Can Admin help push this thread. We have many older people on here, that doesn't wanna sit idle at home. There's so many Brilliant Mind on Nairaland.


Thanks In Advance.

In Ibadan, set up amonla joint around New Garage or Toll gate with like 1 million. Use 300k to start Elubo selling, close to that amonla joint.

I don't even have anything to contribute, because this country has bleeped me up, so nah to japa legally I dey always think....

Sankabson:
Hello Gurus in the House,

Please, what business can a Man of 65years of old do, with a total capital of 3.5M ? He’s not looking for heavy profits but he’s looking at a steady and reliable income.

City Of Residence : IBADAN.

Can Admin help push this thread. We have many older people on here, that doesn't wanna sit idle at home. There's so many Brilliant Mind on Nairaland.


Thanks In Advance.

I'll suggest you go for any of the following 10 profitable monetizing process with just #1m out of the #3.5m to get a 20% ROI monthly.
They can be done from the comfort of your home or workstation with very little time consumption and stress @65yrs with such money then your money should be working for you no matter your location(Ibadan).

# Dropservising.
# Consumables.
# eCommerce.
# Digital trades.
# Whiteboard Animation Sales.
# Tech Hub leasing.
# B2B Broker.
# E-Sport Broker.
# Youtubing via Paid Sub4Sub.
# Online Product Distribution.

For more details or breakdown feel Free to engage....FYI all the above Ventures does not require your money out of your hands or possession....you'll be in total control of your investment funds and may only need hands as you expand in earnings and activities.

aycorporat:

All these for a 65 years old man trying to do business?

Yes he will only need a tech person that'll create all the plugins more so there is no age limits to earning online with such capital he'll do well to even have options to the right and competent person to choose for the activities or task in earning online.
For example if he is going for whiteboard animation sales he'll just buy a particular software and the tech guy will be assigned to create @least 5 gigs daily on www.skillshare.com.

AuroraB:
Did you read the post at all

The challenge is that you don't have the knowledge of how easy it is to earn via online with such capital.

doggedfighter:


Some people are are so amazing that they hardly think.

All they do is type

Your ignorance is an amazing one...lolz

Try read up online how aged people are monetizing their assets, Investments or capital via online.

Femmyfestus:

Please what does it take to start B2B broker. I have been looking for a way about it

Buy or create a B2B platform.


@Seniorwriter

ITS A GOOD QUESTION

Selling electrical appliances

Wow

At 65?
Make capital loss no kill baba o because running business is Hard now in Nigeria.

Tell Pman to Fix 2M in a bank and him enjoy 200k or more yearly.

Or if he can start doing land flipping, buy land with 3M, sell for 4M after 6months

Buy another one for 4M sell for 5m after 6months

Buy doge coin and keep for a year

70yrs old man oo

I am being funny though..

Sir, this is the right time to invest in crypto as the Market is currently down

Agricultural chemical like pesticide, herbicides, ferterlizer etc

He should do cement supply of ofcourse he must have a sales boy for such

Cement always sells, suppliers always need offload joints, and it's not easy to steal by sales boys