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What Business Can I Start With #500k? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessWhat Business Can I Start With #500k? (821 Views)

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What Business Can I Start With #500k? by truthhurts2(op): 10:29am On Dec 19, 2024
Pls NL, as the topic implies, I will love to start by next year January. I've thought about farming (Animal or crop production). But there might be other biz that might give more income than farming. For people that might be saying crypto, I don't know anything about it. What your help will be greatly appreciated.

I will love if the moderators can help push to front page for wider view. Thanks
Re: What Business Can I Start With #500k? by Ynix(m): 10:36am On Dec 19, 2024
truthhurts2:
Pls NL, as the topic implies, I will love to start by next year January. I've thought about farming (Animal or crop production). But there might be other biz that might give more income than farming. For people that might be saying crypto, I don't know anything about it. What your help will be greatly appreciated.

I will love if the moderators can help push to front page for wider view. Thanks
What is your area of career and training
Re: What Business Can I Start With #500k? by DrDoc: 10:37am On Dec 19, 2024
truthhurts2:
Pls NL, as the topic implies, I will love to start by next year January. I've thought about farming (Animal or crop production). But there might be other biz that might give more income than farming. For people that might be saying crypto, I don't know anything about it. What your help will be greatly appreciated.

I will love if the moderators can help push to front page for wider view. Thanks
The safety and protection of your invested funds, combined with viability of the business amongst other factors are issues to look at whenever considering investment options. You sould inexperienced and almost ready to lose your money from your comments
Re: What Business Can I Start With #500k? by truthhurts2(op): 10:42am On Dec 19, 2024
Ynix:
What is your area of career and training
. My area of career is agriculture, but the way everything was with the rain this year which put so many farmers into debt is something to look at
Re: What Business Can I Start With #500k? by truthhurts2(op): 10:43am On Dec 19, 2024
DrDoc:
The safety and protection of your invested funds, combined with viability of the business amongst other factors are issues to look at whenever considering investment options. You sould inexperienced and almost ready to lose your money from your comments
if you have any ideas you can pls share
Re: What Business Can I Start With #500k? by DrDoc: 10:45am On Dec 19, 2024
truthhurts2:
if you have any ideas you can pls share
I formed a team here. We are building a 30 M agriculture venture. It involves irrigation for round the year planting. I encourage you to come onboard and be a partner. Abeokuta is the location
Re: What Business Can I Start With #500k? by Animegirl(f): 11:27am On Dec 19, 2024
If you're still a young Man, I'd advice you learn a skill as a "fashion designer for men" sounds funny but you get stable income if you're very social and active in church, you will always get people.

Also you should probably venture into the business of buying and selling of palm oil, foodstuffs. If you can travel all the way to north and get cheap foodstuffs, then move to the east or west to sell is a great idea.

Please, don't even think of going into poultry farming, or rearing Animals, you will just waste money especially when you're desperate.
Re: What Business Can I Start With #500k? by Tohsynetita1(m): 12:30pm On Dec 19, 2024
Animegirl:
If you're still a young Man, I'd advice you learn a skill as a "fashion designer for men" sounds funny but you get stable income if you're very social and active in church, you will always get people.

Also you should probably venture into the business of buying and selling of palm oil, foodstuffs. If you can travel all the way to north and get cheap foodstuffs, then move to the east or west to sell is a great idea.

Please, don't even think of going into poultry farming, or rearing Animals, you will just waste money especially when you're desperate.
Lol, na where you know o.
A turkey egg is hatched at around 200 naira but a day old turkey is 2500 and foreign is 7500, if you have 10 turkey that lay 10 eggs in a day, after 21 days, you have like 75k, you can have that every days, don’t forget, bird lay eggs daily. Na daily you go dey make your money, though you will buy feeds o, but you will still gain like 25percent.
There are several farming that can make you millionaire in a year but most people doesn’t know.
Re: What Business Can I Start With #500k? by Dostum:
truthhurts2:
Pls NL, as the topic implies, I will love to start by next year January. I've thought about farming (Animal or crop production). But there might be other biz that might give more income than farming. For people that might be saying crypto, I don't know anything about it. What your help will be greatly appreciated.

I will love if the moderators can help push to front page for wider view. Thanks
just travel to Benue. buy yams in large quantities, find a spot in a busy location and start selling the yams. Shikena!
Re: What Business Can I Start With #500k? by jflower06(m): 1:22pm On Dec 19, 2024
Tohsynetita1:
Lol, na where you know o.
A turkey egg is hatched at around 200 naira but a day old turkey is 2500 and foreign is 7500, if you have 10 turkey that lay 10 eggs in a day, after 21 days, you have like 75k, you can have that every days, don’t forget, bird lay eggs daily. Na daily you go dey make your money, though you will buy feeds o, but you will still gain like 25percent.
There are several farming that can make you millionaire in a year but most people doesn’t know.
This analysis is one sided...
What about the feeding and waiting for eight months for them to be matured?
Will Turkeys lay eggs 365 days / year?
Re: What Business Can I Start With #500k? by jflower06(m): 1:26pm On Dec 19, 2024
Combine fishery and and snail rearing.
Re: What Business Can I Start With #500k? by Animegirl(f): 1:29pm On Dec 19, 2024
Tohsynetita1:
Lol, na where you know o.
A turkey egg is hatched at around 200 naira but a day old turkey is 2500 and foreign is 7500, if you have 10 turkey that lay 10 eggs in a day, after 21 days, you have like 75k, you can have that every days, don’t forget, bird lay eggs daily. Na daily you go dey make your money, though you will buy feeds o, but you will still gain like 25percent.
There are several farming that can make you millionaire in a year but most people doesn’t know.
My mom is involved in poultry farming, and I've come to understand the challenges of investing in this business, especially with turkey farming. While farming can be a viable venture, it's not without its risks, as seasonal changes and disease can weaken the birds.


You don't venture into this when farming is your only source of income.
Re: What Business Can I Start With #500k? by truthhurts2(op): 1:31pm On Dec 19, 2024
Animegirl:
If you're still a young Man, I'd advice you learn a skill as a "fashion designer for men" sounds funny but you get stable income if you're very social and active in church, you will always get people.

Also you should probably venture into the business of buying and selling of palm oil, foodstuffs. If you can travel all the way to north and get cheap foodstuffs, then move to the east or west to sell is a great idea.

Please, don't even think of going into poultry farming, or rearing Animals, you will just waste money especially when you're desperate.
I am a family man, so, i have what i do (laundry service)that do fetch me little money (but its not enough anymore). I just want to diversify into something more lucrative, I don't mind if it involves stress and time. The money is readily available...
Re: What Business Can I Start With #500k? by Tohsynetita1(m): 1:36pm On Dec 19, 2024
jflower06:
This analysis is one sided...
What about the feeding and waiting for eight months for them to be matured?
Will Turkeys lay eggs 365 days / year?
If you are interested in something, you make research if what the person claim is right.
Turkey lay egg everyday unless some other problems affect it.
I don’t say you won’t feed it but you will still make
crazy income. Imagine selling 7500 naira chick every 21 days, if you have 10 of them, you go dey make 75k every day.
Just make sure it’s fertilized one. That can be done by placing a male there.
Also, there are many replacements for bird feeds that are very cheap or free but you can’t know this if you don’t research.
Major stuff bird eats is 60 percent maize, if you don’t want to spend more money, you can buy when maize is cheap and stock or you grow your own maize.
There are several ways to go about this but I will only reveal this.
Don’t just avoid people’s idea if you have not make findings.
Re: What Business Can I Start With #500k? by Animegirl(f): 1:48pm On Dec 19, 2024
truthhurts2:
I am a family man, so, i have what i do (laundry service)that do fetch me little money (but its not enough anymore). I just want to diversify into something more lucrative, I don't mind if it involves stress and time. The money is readily available...
You can start sewing clothes for your male customers. Learning how to sew won't take you more than 3months to learn, Sir. I also mentioned going into buying and selling of foodstuffs.

Clothing is a necessity, Food is a necessity. I'm speaking based on how people around me(my neighbors) are doing well with this.


Poultry farming is good but is a bit risky and the expenses in feeding them is not worth it anymore.
Re: What Business Can I Start With #500k? by jflower06(m): 9:37pm On Dec 19, 2024
Tohsynetita1:
If you are interested in something, you make research if what the person claim is right.
Turkey lay egg everyday unless some other problems affect it.
I don’t say you won’t feed it but you will still make
crazy income. Imagine selling 7500 naira chick every 21 days, if you have 10 of them, you go dey make 75k every day.
Just make sure it’s fertilized one. That can be done by placing a male there.
Also, there are many replacements for bird feeds that are very cheap or free but you can’t know this if you don’t research.
Major stuff bird eats is 60 percent maize, if you don’t want to spend more money, you can buy when maize is cheap and stock or you grow your own maize.
There are several ways to go about this but I will only reveal this.
Don’t just avoid people’s idea if you have not make findings.
Bro, i am a poultry farmer and i started with 300 turkeys.. i know much about what i am saying. The analysis is not done that way.
Even if ten Turkeys laid 10 eggs per day, its not all that will hatch.
Remember, you don't count your chicken before it hatches
Re: What Business Can I Start With #500k? by Tohsynetita1(m): 9:47pm On Dec 19, 2024
jflower06:
Bro, i am a poultry farmer and i started with 300 turkeys.. i know much about what i am saying. The analysis is not done that way.
Even if ten Turkeys laid 10 eggs per day, its not all that will hatch.
Remember, you don't count your chicken before it hatches
It is those that fertilized that will hatch. There’s a way you can recognize non fertilized egg by mere looking.
You already know how to make money from it, don’t stress me, you think having 300 turkey Na play?
Re: What Business Can I Start With #500k? by Ynix(m): 11:52pm On Dec 19, 2024
truthhurts2:
. My area of career is agriculture, but the way everything was with the rain this year which put so many farmers into debt is something to look at
You can make lots of money if you can digitize that, you know Facebook and YouTube pay people for creating contents. Develop yourself and position yourself to becoming an authority in your field, learn and teach what you learn and sell digital products that will help agribusinesses, help small scale farmers transition from farming to agribusiness. You won't lack money if you do all of this, especially when you become a conduit for value and opportunities. If you feel like discussing this further chat me up on 08089456258
Re: What Business Can I Start With #500k? by Kaybee10nison: 6:32am On Dec 20, 2024
With 500,000 Naira, you can start:

1. Online Retail: Sell products online.

2. Food Business: Catering, delivery, or a small restaurant.

3. Laundry Service: Washing and ironing services.

4. Agriculture: Poultry or vegetable farming.

5. Phone Accessories: Sell gadgets and accessories.

6. Event Planning: Organize events.

7. Freelancing: Offer writing or design services.

8. Car Wash: Mobile or stationary car wash.

9. Mini Importation: Import popular products.

10. Fitness Training: Personal training or gym services.
Re: What Business Can I Start With #500k? by truthhurts2(op): 10:36am On Dec 20, 2024
Kaybee10nison:
With 500,000 Naira, you can start:

1. Online Retail: Sell products online.

2. Food Business: Catering, delivery, or a small restaurant.

3. Laundry Service: Washing and ironing services.

4. Agriculture: Poultry or vegetable farming.

5. Phone Accessories: Sell gadgets and accessories.

6. Event Planning: Organize events.

7. Freelancing: Offer writing or design services.

8. Car Wash: Mobile or stationary car wash.

9. Mini Importation: Import popular products.

10. Fitness Training: Personal training or gym services.
I've been into 3 for the past 8 years till date, I have little knowledge in 6, I've done 2 before (my brother and I) in Lagos.

I just need something else that I can do that in the next 4 to 5 months when I look into my account I will be glad with the choice I made.
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