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Nairaland Forum / Nairaland / General / Jobs/Vacancies / What Business Can I Do With This Amount, Please Advise (2422 Views)
What Profitable Business Can Someone Start With 100k? / What Business Can One Start Up With N700,000 In Nigeria / What Business Can I Start With 100k Very Urgent !!! (2) (3) (4)
Re: What Business Can I Do With This Amount, Please Advise by Hamachi(f): 7:28am On Dec 25, 2023 |
Dikastan: |
Re: What Business Can I Do With This Amount, Please Advise by Inspirer1: 8:15am On Dec 25, 2023 |
Tohsynetita1:Pls check your mail |
Re: What Business Can I Do With This Amount, Please Advise by saintmm(m): 10:09am On Dec 25, 2023 |
If you can walk, ask questions and observe well, look for good area that have lots of residence with probably not too good inlet road, buy three big gas cylinders, filled them up, buy analog scale and other stuff, you don't need a Behind shop. Sell gas on retail, add pos to it but don't do big amount to remove eye from you. Be truthful and discipline with your spending. I bet you, in six months you yourself will not believe your cash flow 1 Like |
Re: What Business Can I Do With This Amount, Please Advise by deanoffaculty: 10:23am On Dec 25, 2023 |
lonikit:I think you should try foodstuffs business. For instance , you can get a bag of Ijebu Gaari at the rate 27k or thereabouts and you can make profit of 10-15k(depending on the patronage). Get good customers who will not buy on credit. Go the nearest settlement and meet those frying Gaari directly, not retailers who sells it in shop. Also Rice, beans, etc. You can also try importing/exporting biz. For instance,check out www.nigeriansexporters.com. They will guide you on importation business. The truth is, agriculture/food business moves faster these days. Before anyone would think of buying any item in the house, food will always come first. Both the rich and poor eats and they all answer "tummy call". God will will give you grace and favour to make it big in life. Cheers!! |
Re: What Business Can I Do With This Amount, Please Advise by laivwire(m): 10:31am On Dec 25, 2023 |
Usmanovic95: Don't be deceived brother, highly liquid companies in farming have gone under. Agrilet, Farmfunded and co for example. Companies with millions to invest and obtain all the resources they need but they went down. Farming is risky and doesn't pay like trade. Even the USA has the highest costs of farming in crop insurance. No be joke. |
Re: What Business Can I Do With This Amount, Please Advise by laivwire(m): 10:34am On Dec 25, 2023 |
Akpaamunsi: We must start somewhere. For someone asking what business he should do online, he should not lose money on ambitious white elephant projects this early when he is still vulnerable. |
Re: What Business Can I Do With This Amount, Please Advise by seanwilliam(m): 10:57am On Dec 25, 2023 |
The market is bullish now, Comot 500k and buy sol. Use 500k hold body |
Re: What Business Can I Do With This Amount, Please Advise by Usmanovic95(m): 11:08am On Dec 25, 2023 |
laivwire: Honestly I don't know about your inherent believe about agriculture but I still feel retain belief that farming is a gold mine.If you have to case study to validate your opinion,i also have quite a few to give support to my opinion as well.Furthermore,when I try Google searching about the companies you listed,I found out they were more of an investment company who use farming as a decoy to make potential investors belief their return will be consistently guaranteed.You know all these ponzi/investment company have a modus operandi of running away with investors money when they hit some certain target. 2 Likes |
Re: What Business Can I Do With This Amount, Please Advise by laivwire(m): 11:25am On Dec 25, 2023 |
Usmanovic95: I have made millions from farming on a commercial scale and I can tell you for free, it is a risky venture. Some of the companies are not ponzi but things do spiral out of control with nature, you can't tame it and you can't predict it. You can make some money from small scale farming but where you really want to be is on the large scale as seasons take time to mature and you need profits that can sustain your lifestyle comfortably. From pests, to low selling prices, to bad weather to herdmen attacks. It is not a business an upcoming entrepreneur should depend solely especially when resources are quite scarce. He should rather open shop and sell pesticides sef. He will make more money. |
Re: What Business Can I Do With This Amount, Please Advise by hstar: 11:35am On Dec 25, 2023 |
saintmm: |
Re: What Business Can I Do With This Amount, Please Advise by Usmanovic95(m): 11:38am On Dec 25, 2023 |
laivwire: You've made some salient point,I can't deny that .But before venturing into any business,a good training cannot be underemphasized,that's how to learn the nitty-gritty of the business and how to scale such hurdles. |
Re: What Business Can I Do With This Amount, Please Advise by engrchykae(m): 12:19pm On Dec 25, 2023 |
Nicepoker:as a graduate,even if you are an engr,you can improve on your parent's method of farming unless you didn't follow your parents to the farm in your early years. What nonsense training will you need to farm casava and sell to those companies in the southwest that are milling cassava floor. I currently work as an engr,but I am preparing to farm only cassava next farming season. |
Re: What Business Can I Do With This Amount, Please Advise by thesicilian: 12:29pm On Dec 25, 2023 |
Go into tech bro Do a little research on high paying tech skills like cyber security, data analysis or data Science, copywriting, animation, video editing, etc I'm not even talking of skills that need programming or coding for now. Spend like 250k to 300k to get a good fairly used laptop, internet data for 3months, download tutorials from YouTube and immerse yourself in them for 3 months. Then register on freelance sites. Your life will not remain the same again. |
Re: What Business Can I Do With This Amount, Please Advise by A305: 12:44pm On Dec 25, 2023 |
lonikit:This my idea may sound outlandish but it's worth giving a try. Spread that money in 200k a piece in 5 different places and try investing in 5 different business. Which ever favours you should be the one you devote the remaining money into or borrow to expand on. However; out of that money, Utilize 200k (worth 200 Dollars) to trading futures on Binance. Look for a good trader to teach you the basics because you won't fully understand those YouTube guys explaining with terms and concept. I promise if you learn to trade without emotions and greed, you could triple your 200k in 3 months or less and same time earning in USD. If you choose to go this route. Never trade about 5X leverage. |
Re: What Business Can I Do With This Amount, Please Advise by Tohsynetita1: 12:44pm On Dec 25, 2023 |
thesicilian:nothing like that, we talk base on our experience. If you seek advice online, some will support your motive , some won't. That's depends on our experiences of life. So, don't expect everyone to support you. For example if you asked if it worth leaving this country, some will say it's while some won't support. So, Base on farming that people are dragging, their are some aspects of farming that's like gambling and their are some aspects like money ritual. It depends on your doggedness, research, patience, exposure, and experience. You can't compare someone that has an hectares of plantain with the gain of someone that plant maize and cassava. Meanwhile the maize and cassava farmer might be discouraging people. Even that same maize, their are some people that are very skilled in it till the extent that they can't plant any other crops. Theirs a man I got online in USA last week, he made around 40 tonnes of maize per hectares. Hardly will one make 10 tonnes here in Africa. This man has been breaking record of the same maize since 2016. So, it's time, practice, experience. The first time I planted watermelon, I lost drastically, not because the melon didn't grow but because I didn't have good place to sell it to. So, I could say, I was duped. I planted an acre of watermelon and I had around 1000 big balls that are good. I have the video and pictures to back it up. Imagine if have stopped being the first time. |
Re: What Business Can I Do With This Amount, Please Advise by Tohsynetita1: 12:46pm On Dec 25, 2023 |
thesicilian:nothing like that, we talk base on our experience. If you seek advice online, some will support your motive , some won't. That's depends on our experiences of life. So, don't expect everyone to support you. For example if you asked if it worth leaving this country, some will say it's while some won't support. So, Base on farming that people are dragging, their are some aspects of farming that's like gambling and their are some aspects like money ritual. It depends on your doggedness, research, patience, exposure, and experience. You can compare someone that has an hectares of plantain with the gain of someone that plant maize and cassava. Meanwhile the maize and cassava farmer might be discouraging people. Even that same maize, their are some people that are very skilled in it till the extent that they can't plant any other crops. Theirs a man I got online in USA last week, he made around 40 tonnes of maize per hectares. Hardly will one make 10 tonnes here in Africa. This man has been breaking record of the same maize since 2016. So, it's time, practice, experience. The first time I planted watermelon, I lost drastically, not because the melon didn't grow but because I didn't have good place to sell it to. So, I could say, I was duped. I planted an acre of watermelon and I had around 1000 big balls that are good. I have the video and pictures to back it up. Imagine if have stopped being the first time. |
Re: What Business Can I Do With This Amount, Please Advise by Liricul: 12:55pm On Dec 25, 2023 |
Invest the money in poultry (broiler)get like 350 Chick in 5weeks you are going to make enough profit from it |
Re: What Business Can I Do With This Amount, Please Advise by thesicilian: 1:05pm On Dec 25, 2023 |
Tohsynetita1:I think this your comment would have made more sense if while giving my advise I told him not to consider any other person's opinions. |
Re: What Business Can I Do With This Amount, Please Advise by Tohsynetita1: 1:08pm On Dec 25, 2023 |
thesicilian:Their is a post you wrote "far-fetched" that's what I quoted, I don't know you've changed it. |
Re: What Business Can I Do With This Amount, Please Advise by thesicilian: 1:18pm On Dec 25, 2023 |
Tohsynetita1:Oh. Okay |
Re: What Business Can I Do With This Amount, Please Advise by Usmanovic95(m): 1:33pm On Dec 25, 2023 |
Liricul: This is the riskiest for a newbie farmer to venture into.Unless he is into it already,poultry business will get him frustrated. |
Re: What Business Can I Do With This Amount, Please Advise by lanocfoods: 1:44pm On Dec 25, 2023 |
lonikit:don't know your location, but if you can go to Aba and buy okirika first grade look for better site and you will make mad money |
Re: What Business Can I Do With This Amount, Please Advise by sammirano: 5:26pm On Dec 25, 2023 |
seanwilliam: You well so? At over 40b mkt cap haa, e ma Beruf olohun |
Re: What Business Can I Do With This Amount, Please Advise by haggai247: 2:40pm On Dec 26, 2023 |
lonikit:Yes and no. I can sell you course to help you and also help myself. But you've to do the work(put in the effort overtime to succeed. Online business takes time and patience anyone who's successful knows it. Beware of anyone promising easy, quick and fast results ooo. If you need any course on blogging SEO kdp CPA YouTube TikTok Facebook ads etc. Any course on earth na me be your best plug. Email haggaiandy@gmail.com for requires my rate are moderate you can also buy from bisarena.org if you don't want to deal with me. |
Re: What Business Can I Do With This Amount, Please Advise by gard9ner(m): 8:12pm On Dec 26, 2023 |
Tohsynetita1:I sent you a dm, pls let’s talk |
Re: What Business Can I Do With This Amount, Please Advise by Tohsynetita1: 8:41pm On Dec 26, 2023 |
gard9ner:Have responded 1 Like |
Re: What Business Can I Do With This Amount, Please Advise by Tohsynetita1: 9:08pm On Dec 26, 2023 |
gard9ner:Have replied you. 1 Like |
Re: What Business Can I Do With This Amount, Please Advise by stylishwears: 7:12pm On Dec 27, 2023 |
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