₦airaland Forum

Hi there. If you are looking for a fail proof business to venture into, then forget about gambling no matter the name it adopts. From arbitrage, kdp, affiliate marketing etc. Those stuffs are good, but you cannot guarantee their success immediately. Therefore, if you have no other source of income, or you are not financially stable, then forget online business models for now.

While doing online business is something i encourage, I also discourage people who do not have funding from venturing into it.

You think I'm an enemy of progress, or a doomsday prophet? I'm none of that. Just trying to save you from the heart break and disappointment you will definitely encounter with online business if you don't have something else you are doing, or something else that funds the online business.

Most online businesses require ads especially if you are selling. Trust me when I say it takes some time and some budget to start wrecking in sales. The other ones that don't require marketing requires gambling or speculation. You've got to be financially capable to take on such risk.

Now to the good news, a perfect business for you to start with 100k is to venture into Fast Moving Consumer Goods. FMCG.

Abeg Google it up if you don't know what it is.

Cigarettes, water, beverages, etc are some of the FMCGs you could venture into.

Akara, moi moi, buns, egg rolls are among the list.

So if you have 100k, here is what to do
1. Use 10k to buy and customise 4 t shirts aka polo. These will be worn by your sales agents aka marketers.
2. Use like 40k to produce your FMCG. You could go for moi moi, Zobo, tiger nuts, buns etc.
3. With 40k as your cost of production, the goods produced should bring in a total revenue of not less than 56 thousand.
4. All your sales agents are to carry goods worth 14k each and sell them for the day. (too easy I tell you)
5. By the end of the day, you would have made profit of 16k. 8k should go to your staff. Split the remaining 8k into 2 parts. One part for you, and the other part for the business.
6. The remaining 40k that you didn't touch is for miscellaneous or anything I have not covered here.

Rinse and repeat daily.
If you do this 25 days in a month, you would have employed 4 people and paid them 50 k each monthly. You would have helped the government.

For many more ideas, join our online business group. 09136079795

Very correct!

Only challenge is you did not factor in locality and available of market.

Thank You

lecturerdabo:
Very correct!

Only challenge is you did not factor in locality and available of market.

Thank You

This post is not exhaustive. Our online business group gives further details and analysis.

Wow. Lots of people are joining the business school. What are you waiting for? It's free

Keep it coming. We launch on Wednesday

I think that there's nothing wrong with gambling if you're developing a business in that field. It's getting pretty popular, and I can say that it's not a problem to find a solution like https://live.beter.co to add a variety of games to attract users, so you shouldn't skip that option right away, it can be pretty profitable.

ublight:
Hi there. If you are looking for a fail proof business to venture into, then forget about gambling no matter the name it adopts. From arbitrage, kdp, affiliate marketing etc. Those stuffs are good, but you cannot guarantee their success immediately. Therefore, if you have no other source of income, or you are not financially stable, then forget online business models for now.

While doing online business is something i encourage, I also discourage people who do not have funding from venturing into it.

You think I'm an enemy of progress, or a doomsday prophet? I'm none of that. Just trying to save you from the heart break and disappointment you will definitely encounter with online business if you don't have something else you are doing, or something else that funds the online business.

Most online businesses require ads especially if you are selling. Trust me when I say it takes some time and some budget to start wrecking in sales. The other ones that don't require marketing requires gambling or speculation. You've got to be financially capable to take on such risk.

Now to the good news, a perfect business for you to start with 100k is to venture into Fast Moving Consumer Goods. FMCG.

Abeg Google it up if you don't know what it is.

Cigarettes, water, beverages, etc are some of the FMCGs you could venture into.

Akara, moi moi, buns, egg rolls are among the list.

So if you have 100k, here is what to do
1. Use 10k to buy and customise 4 t shirts aka polo. These will be worn by your sales agents aka marketers.
2. Use like 40k to produce your FMCG. You could go for moi moi, Zobo, tiger nuts, buns etc.
3. With 40k as your cost of production, the goods produced should bring in a total revenue of not less than 56 thousand.
4. All your sales agents are to carry goods worth 14k each and sell them for the day. (too easy I tell you)
5. By the end of the day, you would have made profit of 16k. 8k should go to your staff. Split the remaining 8k into 2 parts. One part for you, and the other part for the business.
6. The remaining 40k that you didn't touch is for miscellaneous or anything I have not covered here.

Rinse and repeat daily.
If you do this 25 days in a month, you would have employed 4 people and paid them 50 k each monthly. You would have helped the government.

For many more ideas, join our online business group. 09136079795

.
Nice one.
I am a graduate.
38 years and I have been jobless for years.
What business can start with 200k with store

ublight:
Hi there. If you are looking for a fail proof business to venture into...

So if you have 100k, here is what to do
1. Use 10k to buy and customise 4 t shirts aka polo. These will be worn by your sales agents aka marketers.
2. Use like 40k to produce your FMCG. You could go for moi moi, Zobo, tiger nuts, buns etc.
3. With 40k as your cost of production, the goods produced should bring in a total revenue of not less than 56 thousand.
4. All your sales agents are to carry goods worth 14k each and sell them for the day. (too easy I tell you)
5. By the end of the day, you would have made profit of 16k. 8k should go to your staff. Split the remaining 8k into 2 parts. One part for you, and the other part for the business.
6. The remaining 40k that you didn't touch is for miscellaneous or anything I have not covered here.

Rinse and repeat daily.
If you do this 25 days in a month, you would have employed 4 people and paid them 50 k each monthly. You would have helped the government.

For many more ideas, join our online business group. 09136079795

Brilliant

This should be on the front page

Will connect with you ASAP

Sirchiboy:
.
Nice one.
I am a graduate.
38 years and I have been jobless for years.
What business can start with 200k with store

You are asking the wrong questions. I will soon do a post that will show you how to ask the right questions