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If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? - Travel (4) - Nairaland

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Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by BabaOfLagos: 11:10am On Aug 22, 2023
With 6 million naira, I would advise you Invest into interest compound product like:

1. Bookmaker Crashmine.
2. Real Estate, start with the OPM method.
3. Use profits to reinvest in personal development.

With this and having proper finance management ability through strict budgeting, Believe me you would never go broke anymore.

With this and having proper finance management ability through strict budgeting, Believe me you would never go broke anymore.

Forget all this reggae dancers saying 6 million can do this or that's, 6 million is not so much compared to a few years ago, 6 million in today's economy, if not handled proper budget can be spent in a week.
This is just my sincere input, as I am talking from experience.

We would be discussing financial management like this on a general voice chat this week.

What to do and how to stand firm in this present economy.

I recommend you to search and join us at IAJ ONLINE on telegram or Twitter.
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by pachigo001(m): 11:30am On Aug 22, 2023
Wickedfacts:
Na employees and those with unprofitable businesses dey japa.

If you have a growing business, you grow big, diversify, move your wife and kids abroad while you keep making money here.

6M is nothing if you get better business here.
u no wise

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Wodu89: 11:31am On Aug 22, 2023
TheOldGods:
lol. Low priced business sell most in China, what's the cost of living in China?what's Thier minimum wage? When people are crying to enter bus fares that was increased with just 100 naira extra, people are trekking and you're here talking. You think business is to look for cheap products and sell, lol. Ask yourselves why popular brands are living Nigeria to open business in Ghana. How many homes in Nigeria eat chicken every Sunday or even chicken every week, I'm sure you hardly do that. Try buying full chicken every week and eat first


Lagos state looks colorful today thanks to the accumulation of very low funds put together. If Cadbury can produce sweets and sell for 25 Naira, Unilever tea bags for 20 Naira, Bama satchet mayonnaise for 100 Naira. Then who are you to claim you're above. Just suit yourself IJN. Keep your perspectives off my mentions


Mr. Posh. Clear off my mentions.

10 Likes 1 Share

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by fastseo: 11:31am On Aug 22, 2023
Wodu89:
Business. 6M can give birth to 60-100M in a year. I'm not sharing my Intel. And I'm not asking for investors. We dey build on a steady beat wink

grin spent over 12m in japa

it's no longer easy through school.

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by BabaIbo: 11:31am On Aug 22, 2023
Zonefree:

Where's your shrine located, Baba?

Good question o
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Eraddray(m): 11:31am On Aug 22, 2023
Are u whyning me
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Lordofalmajiri(f): 11:33am On Aug 22, 2023
fastseo:


grin spent over 12m in japa

it's no longer easy through school.
12m isn't so much abeg which country?
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by sylvoclair1990: 11:33am On Aug 22, 2023
Wodu89:
Business. 6M can give birth to 60-100M in a year. I'm not sharing my Intel. And I'm not asking for investors. We dey build on a steady beat wink
abeg make dem share am with me na beg i dey beg
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Wickedfacts: 11:34am On Aug 22, 2023
pachigo001:
u no wise

Poverty no gree you reason straight. Ordinary 6M make you lose your senses.

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Major77: 11:34am On Aug 22, 2023
Open business
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by yinkeys(m): 11:34am On Aug 22, 2023
nkemjacob2:
For me I don't see Japa as means of breakthrough. I would rather build a business. I know how poor the economy is but Japa isn't my thing

State your reason why you will Japa or build business
Make it 10m
Your naira value is dwindling everyday
You already know what to do

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Greenfaces: 11:35am On Aug 22, 2023
nkemjacob2:
For me I don't see Japa as means of breakthrough. I would rather build a business. I know how poor the economy is but Japa isn't my thing

State your reason why you will Japa or build business
truth is... many a people hold this opinion but reality is different. The 6m can go down the drain overnight due to unstable economy.

The japa is not really a means of breakthrough. Its just you exiting a toxic environment where leaders are jokers and have no sense of accountability. We grew up in this mess from Abacha to Buhari, we are still a third world country with no bearing or direction. Japa is just to offer the kids something different. Real education, real healthcare, real police and justice system, real work and life experience, love and relationships that are not exactly just survival mechanisms, the real human experience. Not that people don't love Nigeria but I'll ask you this, what viable business will you put that 6m into?

10 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by ruffDiamond: 11:35am On Aug 22, 2023
Question for kids that's all I have to say undecided

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Crafteck1: 11:35am On Aug 22, 2023
Run, i invested 15 m 3 years ago, in good businesses, i cry las las, run.

7 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by TOMMYS: 11:35am On Aug 22, 2023
pascal558:


🤔🤔🤔🤔

Pascal Pascal Pascal how many times I call you.
If in involving sending any shi shi to anybody. No go there.


If he or she wants to teach you something and you do it yourself. Run o. You no go get evidence and you no go fit properly explain am

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Taiwo20(m): 11:36am On Aug 22, 2023
pascal558:


Baba share abeg!!! Invest 6m to get 60m? Baba share o🌟


i hope its not 10odd
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by valentineuwakwe(m): 11:36am On Aug 22, 2023
I pray the 6m first come first......you go know whether I stil dey nairaland or not
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Brownbetsport24: 11:36am On Aug 22, 2023
Mod why the ban in sport section? What have I done wrong?

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by tolugar: 11:36am On Aug 22, 2023
nkemjacob2:
For me I don't see Japa as means of breakthrough. I would rather build a business. I know how poor the economy is but Japa isn't my thing

State your reason why you will Japa or build business

6m won't take you far outside naija and definitely not a good destination

And

6m business in naija will fold in 2 years judging by the current situation of things in the country.

Chose one ☝🏿
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by uuzba(m): 11:37am On Aug 22, 2023
Simpleshafee:
I have never been a fan of Japa. If i am privileged to have a reasonable amount of money, I will rather invest it here in Nigeria.
People typically japa for the following reasons.:
1.to work/earn steady job under employer. So you don't have to think.
2. Security, no agbero, Boko
3. Utilities, constant light, water, gas.
They always plan to save the money there and come back to build something with it
But it seems the japa is also stressful as one can just work and pay bills without saving anything. Then one becomes too ashamed to return empty handed.

5 Likes 1 Share

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Bfly: 11:37am On Aug 22, 2023
Japa has little to do with poverty alleviation. Human dignity is not ascertain in Nigeria unlike the western states.
Nigeria problem for the day is highly sufficient

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Greenfaces: 11:38am On Aug 22, 2023
pascal558:


You speaking in parables sir and it's wrong generalising with everyone.
abeg leave that guy oh. Leave am now before its too late. He go drag you inside on mtfe ponzi scam just now your eye go clear

2 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Blitzking: 11:38am On Aug 22, 2023
nkemjacob2:
For me I don't see Japa as means of breakthrough. I would rather build a business. I know how poor the economy is but Japa isn't my thing

State your reason why you will Japa or build business
depends on your personality if you are the 8 to 5 better japa if you are a hustler meaning you know the in and out of business you will blow.. that your 6 mill will be 30 to 60 mill in 2 to 3yrs

4 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by livebyday(m): 11:39am On Aug 22, 2023
ednut1:
inspire to aspire. Multiple multiple. Where the staff will steal your money and assets. Like we never do business before or have people doing business

Don't mind them..alot of those screaming start business are jobless scammers. They don't have a business 9f their own or even a job .

They are always the first to advise you to open a business so you can employ them and be paying them 20k a month.

5 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Nigeriagood(m): 11:39am On Aug 22, 2023
Omoawoke:
When u say japa, what specifically do u mean.
It is not just leaving your country and entrying another country.
Are u going to school? Or getting a permanent residency or just walking around the streets like a refugee without purpose

Your 6m no pass wetin go finish in 2 months for abroad oo. Flight ticket alone don carry almost 2m
Nigeria to uk in middle class is 465k o

2 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by uuzba(m): 11:40am On Aug 22, 2023
tolugar:


6m won't take you far outside naija and definitely not a good destination

And

6m business in naija will fold in 2 years judging by the current situation of things in the country.

Chose one ☝🏿
So if we have 6million in our hand,, we should do what with it? Leave it in the bank to lose its value?
What do we do with the 6million?

3 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Geminiivory: 11:41am On Aug 22, 2023
Wodu89:



There are too many gigantuan ideas that are extremely unexplored and some of us wonder why Nigerians don't see them. Well. Let's keep building. Since I helped much of my childhood buddies built what they became till today and still transformed a commoner woman on this forum last year tranforrming here from 50k per month earner to 500k per month and I got messed up. Mehn make everybody else forget am


Make we all dey wicked dey go

Why not sell your ideas and get paid for them. I don't support the idea of free services. People do never value you if you continue this way. It ll end up in use and dump scenarios.. I speak from experience.. They only value you when they pay dearly for your services

2 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by eleniyan2020: 11:41am On Aug 22, 2023
pascal558:


Baba share abeg!!! Invest 6m to get 60m? Baba share o🌟
10oods...
Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by ahnie: 11:42am On Aug 22, 2023
I would reside here and use it to run some lucrative business

1 Like

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by fastseo: 11:43am On Aug 22, 2023
Lordofalmajiri:

12m isn't so much abeg which country?
via school and plus outstanding 15m.

4 Likes

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Greenfaces: 11:43am On Aug 22, 2023
Karleb:


I don't understand why you people are so annoying.

What does having #6m for business has to do with traveling abroad? It seems Japa lives rent free in your head because people who are on queue on different embassies don't think more about it than you.

When the economy was manageable, you didn't put #6m into it, it is now that it is having mood swing that you want to start a business?

Even tech companies that received millions of dollars in founding are folding up. Jumia for example has been having serious financial decline for about a year now, their investors have lost a lot.

Anyway, invest in your business and let people who want to Japa, japa. Let Tinubu economy decides who made the better choice.





Exactly. I made this mistake this year. I did a contract that got me an amount of money i have never had all my life. Oboy.... i only bought one car, one land and tried to do business with the rest. As i speak to you today my account has only 3k. The car has been parked for over one month now because i can't afford the fuel for trivial journeys. So if not that i am married, that japa was quite a safer decision because at least i would get a good job in canada with my electrical skills. Today to see single customer for even 160k solar generator na war. If it was easy and i had assurance of moving with my family today, i would sell the car, the land and even borrow funds to add to japa. This country no true true get hope no be curse

11 Likes 2 Shares

Re: If You Had ₦6M, Would You Japa Or Open A Business In Nigeria? by Willie2015: 11:44am On Aug 22, 2023
fastseo:


grin spent over 12m in japa

it's no longer easy through school.

Too expensive...
There are European countries
with 1000 euros as fees..

3 Likes

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