₦airaland Forum

Your ambition is good though high. Thing of making daily turnover of 20k first, then work on increasing it. Business has stages. Early stage, you are investing so it’s more of spending than earning. Then growth where you would have put everything in place and you will be earning revenues that will be covering the cost of investment. You may break even at this stage. Then maturity stage where your investment will be returning revenues to you with little spending, just running expenses. This is where you will be making profits maybe up to 50000 daily. Then decline stage will come when revenue drops either fir to competition or some other factors. At this stage you will need to reinvest either through expansion, new technology , and the like to boost the business back to profitability. It is hard to just start and begin to make such huge profits. It’s not impossible though.

Use that money to learn TECH and thank me later

binary123:
With 500.000 I don't care the nature of the business, provided I can make 20.000 daily profit from it, with my capital still intact.any such business ideas please share.

All ideas are welcome.

Even though you said you don't like it but for me its Forex trading and with that kind of capital haba 20k is very quite ok for a day with low risk.

binary123:
With 500.000 I don't care the nature of the business, provided I can make 20.000 daily profit from it, with my capital still intact.any such business ideas please share.

All ideas are welcome.

Bro don't mind these ppl jare, If u get better location especially where ajebo students full, setup a shawarma stand. First learn how to do it yourself on YouTube. Don't pay anyone for training. Once u know how to do it, get a space where students patronise very well and be making it for them. The smallest shawarma uses ingredients worth 1500 to make (including gas) and u sell for 2500, large needs ingredients of 1800 to make and you sell for 3k+. Get someone assist you because when orders come on a busy day u will be overwhelmed with them. As for venue Don't go for large and fancy, ppl will think its too expensive, get a small kiosk that can fit ur gas, pans etc. Put ur prices boldly outside. No buy fridge. Use a cooler with ice packs to chill ur ingredients at the kiosk, the remaining can be at home in freezer. If u run out u go and get more. Experiment with different flavours till u get ur signature taste so that ppl will keep coming to you. Once you have garnered enough customers and orders wan finish you. Then you can expand to a larger place with bamboo fittings, artificial carpet and lights. Update your menu and add fries, burger etc but don't charge higher, maintain ur prices unless economic shifts force u to do so, then after a while you can open another branch elsewhere after u have trained and gotten more staff. All these things na effort and hardwork and can take anywhere from several months to a few years.

I have a friend who started this way, now he is a big boy in jos. Surprisingly he did it in less than 3 years

Thief! no be only 20k daily, na 200k hourly

binary123:
I don't mind hawking gala in the street of portharcourt. I need to be earning minimum daily income of 20k with my 500k capital at hand.any body with tested & trusted business ideas should please share

there's no business that requires 500k start up that will generate you 20k daily, you should wake up from that dreamland.

binary123:
if you think the 20k daily
profit for 500k investment is much.what will you have to say with some people with zero capital investment yet take home more than 20k daily for daily mineal jobs ?

examples pls, I would really love to know that business that requires 0 investment while take home is more than 20k daily.

Hezzyluv:
You no enen talk of 2k-5k daily na 20k abi?

Well, it's good to dream big. Let me just wait and see the person who will bring legit advice that will make you profit 600k per month with 500k capital.

.



as in, the thing shock me, even business that worth 2million is still struggling with 20k daily return.

You are a Criminal. A whole 20k daily. Now much do bankers earn

jmichael259:
That same Wheelbarrow wey dey reign now for internet will give you that amount or double everyday. Just go to ariaria Aba, Tetlow road Owerri etc to confirm for yourself. Yes, They need to work hard but not necessarily overworked. That amount can be made within the morning or evening with just one container offload. Normally it's around 3-5 guys offloading one trailer in a few hours.

I have to agree with you because 20 trips at #1k for 30 minutes is not far fetched but I still have my doubts because I'm sure they would be paying taxes. They may also be renting the wheelbarrows but who knows. The Op may have just found his calling 😄

Grace201010:
Here is my own little input... U can be making even more than 20k at least 3 times in a week, that's 60k. That's 240k in a month...

Number one is location, for example I'm a student here in Benue state, food items such as yam, garri and red oil is very cheap at the village market, but a little bit expensive at the city center..

So u can be going to the village market to buy those things, then supply to some people, if u want to resell it ur self it might actually take up to 1 week.,

cut me the crap, you people will just sugarcoat things to lure people into failure.


since you said he should goto to the village to buy the foodstuff at cheaper rate and take it to city, have you considered many factors?


how many items can he get with that 500k, he can't even spend all the 500k on the foodstuff, cost of transportation to the city, how long it will take to sell all, where to store the foodstuff till he gets buyer, what's the profit margin on the foodstuff.

laivwire:
I have to agree with you because 20 trips at #1k for 30 minutes is not far fetched but I still have my doubts because I'm sure they would be paying taxes. They may also be renting the wheelbarrows but who knows. The Op may have just found his calling 😄

20 trips in 30mins, y'all can really dream o. I believe that 20trips is within 50metres distance for it to be completed under 30mins and is that how people frequently demand for their service in market?

But fairly used Keke and drive, you will thank me later.

binary123:
With 500.000 I don't care the nature of the business, provided I can make 20.000 daily profit from it, with my capital still intact.any such business ideas please share.

All ideas are welcome.

Love800:
Why did you say cassava?

What will he do with the cassava to get profit?

Better dey that cassava o. He will organise and pay some village people to process to garri. He'll make better money from the garri than selling the harvested cassava. Starch is another stuff but I prefer garri

Omoapena:
20 trips in 30mins, y'all can really dream o. I believe that 20trips is within 50metres distance for it to be completed under 30mins and is that how people frequently demand for their service in market?

Let's be real sha.
Trips made in 30 minutes can fetch about #1000. Let's say go&come each is #100 so that's like #9k max for about 4 hours work.

It's impossible to work full 8 hrs of the day, every day of the week so it's still way less than half of #20k actually.

This Op's mission is DOA.

laivwire:
Let's be real sha.
Trips made in 30 minutes can fetch about #1000. Let's say go&come each is #100 so that's like #9k max for about 4 hours work.

It's impossible to work full 8 hrs of the day, every day of the week so it's still way less than half of #20k actually.

This Op's mission is DOA.

if you're being real, you will know a trip that last for 30mins will also require another 30mins to go back to market where they can get another trip and they don't get another trip immediately after finishing one. you're just assuming this things until you taste the water.

if they easily make 20k daily, that's average 500k a month, many of them should be living averagely and not in poverty...

binary123:
baba I beg non loud am,
One oga do relocate go villager,na forex and Aviator cause am,

I no mention aviator and I am not introducing unprofessional FX trading. Professional traders are doing well . Forex nor be gambling and DYR about Arbitrage betting

Very rude poster by the way. Almost all your responses are rude. If yoh know so much, why ask for ideas?

I will ignore your rudeness- Find a busy junction amd start selling puffpuff/Akara_fried yam/fried potatoe/gosh and chicken. You will make more than that 20k bug you will work very hard.
What is abundant in your village of area and scarce elsewhere? Find that thing and start selling but online and offline. Create a digital presence - things like some.spwciws of river fish or seafood. Send to Abuja, Lagos etc. Contact big restaurants online and ask to be their supplier.
Finally search for financial Jennifer online and follow her Investment advice, you will be ok

iHart:
if you invest 500k today and make 20k today. Tomorrow you will need to re-invest the capital again to make another 20k. If you keep re-investing 500k each day for 30 days, that's a cumulative of 15 million in a month.

If you invest 15million and make 600, 000. That's about 3.4 % ROI. Its very poor

business doesn't work that way, you can't invest 500k in something in a day and get both the capital including 20k profit same day to reinvest the next day..


you need to consider many factors.

binary123:
With 500.000 I don't care the nature of the business, provided I can make 20.000 daily profit from it, with my capital still intact.any such business ideas please share.

All ideas are welcome.

the only thing I know that can generate something close to 20k for you anytime you go out to make sales is by going into something eatable in a populated market place.

eg. you can start selling cooked food if you have the strength, prepare the food in your house, put it in wheelbarrow and push it to the market. if your food tastes nice and looks neat, people will patronize you, but I'm not sure if 20k net profit is certain at the end of the day but what I'm sure of is, you will make good sales. But this also requires alot to work out.

My friend, let's be real, it's not possible. Maybe once in a while, the opportunity might come and you might make even more than that. But a regular business with 500k as salary generating an income of 20k daily with your capital still intact?

Please forget the idea and never let anyone deceive you.

iHart:
if you invest 500k today and make 20k today. Tomorrow you will need to re-invest the capital again to make another 20k. If you keep re-investing 500k each day for 30 days, that's a cumulative of 15 million in a month.

If you invest 15million and make 600, 000. That's about 3.4 % ROI. Its very poor

Very interesting perspective 👌🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸🤸

Small money don enter sense man hand🤣🤣🤣🤣🤣

Go and start Ogogoro business ,and habs agbo and thanks me later .

spiSeyi:
It is not bro if you are disciplined and get a working trading system. I have lost money in the past but ever since I have gotten a disciplined mindset with a working trading system I have achieved 70% win rate and always close the day with profit.
1. The rule of thumb is never risk more than 3% of your fund
2. Trade with probabilistic mindset
3. Leverage on AI
I will post a thread and share my trading experience soon to help others

Kindly mention when u do please......................

Uzobejeme:
Very rude poster by the way. Almost all your responses are rude. If yoh know so much, why ask for ideas?

I will ignore your rudeness- Find a busy junction amd start selling puffpuff/Akara_fried yam/fried potatoe/gosh and chicken. You will make more than that 20k bug you will work very hard.
What is abundant in your village of area and scarce elsewhere? Find that thing and start selling but online and offline. Create a digital presence - things like some.spwciws of river fish or seafood. Send to Abuja, Lagos etc. Contact big restaurants online and ask to be their supplier.
Finally search for financial Jennifer online and follow her Investment advice, you will be ok

sorry bro,I scroll up/down through my Post & comment I didn't see were I was rude .maybe I'm not putting my expression into proper writing
I manage to finish secondary school I'm not a good writer, thanks for your contributions,noted.God bless

osazsky:
Give the 500k to okash or fair money they will borrow it out and give u interest with ur capital still intact

How do you do that? Kindly elaborate........

Go into scrap business..u should make that kind of money..but u go trek oo

frisky2good:
20k daily times 5 week days times 4 weeks is 400k monthly. You want to earn 80% of your investment in 1 month?

your math is very bad it is actually about 600k per month.

Omoapena:
cut me the crap, you people will just sugarcoat things to lure people into failure.


since you said he should goto to the village to buy the foodstuff at cheaper rate and take it to city, have you considered many factors?


how many items can he get with that 500k, he can't even spend all the 500k on the foodstuff, cost of transportation to the city, how long it will take to sell all, where to store the foodstuff till he gets buyer, what's the profit margin on the foodstuff.

I never said so, always read B4 commenting..

I said location is the main challenge.. meaning if he's here...

Grace201010:
I never said so, always read B4 commenting..

I said location is the main challenge.. meaning if he's here...

No location can generate that by selling foodstuff daily.