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With 500k, Which Business Can Guarantee 20k Daily - Business (7) - Nairaland

Nairaland ForumNairaland GeneralBusinessWith 500k, Which Business Can Guarantee 20k Daily (36005 Views)

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Re: With 500k, Which Business Can Guarantee 20k Daily by Successsearch90(m): 9:05pm On Jun 16, 2025
Asebaba1:
Distribution of bread from bakery to sellers (serve as retailer) can give you such profit with minimal risk. Distribution of drinks too can give you such amount on daily bases.
wow
Brilliant idea...............................
Re: With 500k, Which Business Can Guarantee 20k Daily by holicupp(m): 9:13pm On Jun 16, 2025
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.
Business center my younger brother makes more than 20k daily here is the break down of things he does
Charging of phone each phone ₦400
Movie ₦50 and music ₦20 download
Ps2/PS3 if there's light ps2 is ₦50/gen₦100 for a round
Ps3 light ₦100/gen₦150 for a round
But 500k can not get u all things needed now
My bro started 2020 and he didn't get everything once
Re: With 500k, Which Business Can Guarantee 20k Daily by RockyEyo(m): 9:16pm On Jun 16, 2025
Love800:
Na from this your laundry business na i take know say your post get k-leg!

Which 20k profit per day! Even 10k sef na dream. Lol!

After you buy packaging nylon, pay different tax to revenue collectors, buy fuel, then come face customers wey owe money!

Guy, you dey whine abeg!
Who are ur customers n must u operate from a shop?
Get creative man.... get cooperate clients bankers abd the likes.. don't ask me how get creative bro.
Re: With 500k, Which Business Can Guarantee 20k Daily by Love800(m): 9:17pm On Jun 16, 2025
What is the difference between business and investment. Can you define it for us?
DFPS:
Most people don't understand the difference between business and investment. The guy didn't say he wanted to invest; he said he wanted a business he could actively run. I believe earning 20k daily shouldn't be difficult. Besides, some daily laborers earn up to 10k daily without putting any money into a business
Re: With 500k, Which Business Can Guarantee 20k Daily by Love800(m): 9:20pm On Jun 16, 2025
You mean already prepared meals like soups, eba, boiled yam, rice, stew etc?
vexing:
Find a school/office and be selling cooked food to them.
Re: With 500k, Which Business Can Guarantee 20k Daily by KillahPriest: 9:27pm On Jun 16, 2025
Business dey, you can't run it everyday but one wey enter na one grin
Re: With 500k, Which Business Can Guarantee 20k Daily by EKOMADENG: 9:30pm On Jun 16, 2025
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.
Start a business centre around any busy school/higher institution near you, Thank me later
Re: With 500k, Which Business Can Guarantee 20k Daily by Uche559(m): 9:31pm On Jun 16, 2025
The problem is d capital. From experience, get a new bike, ride it urself, target route with no keke n ride it from morning to evening. U will make that amount daily n more sef.
But u c dis ur 500k, wont get u a problem free bike. So frequent breakdown n repairs would make dat 20k daily impossible n can even discourage u.
Re: With 500k, Which Business Can Guarantee 20k Daily by RockyEyo(m): 9:33pm On Jun 16, 2025
Got tired of reading due to so many nae sayers, ha na wa o, so 20k isn't a lot to be made in a day, u may not even need that much money and u may need more.... what matters is time and consistency no matter the business, u need to build it up over time and be consistent at it.
As for ideas let's put it to u this way e.g if I buy 10goats from the north at 50k each n sell for 70k each I think I'm on my way already?
Please recall I talked about time..... start small n grow big. Just think of what u can buy n sell that u could make 1k on each one nd probably need just 20units...... hmmm phone accessories come to mind
Again what do I kw.... let the nae sayers have the day.
Re: With 500k, Which Business Can Guarantee 20k Daily by Emvicprints1: 9:33pm On Jun 16, 2025
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.,
you still dey Benue? you still dey Benue?you still dey Benue?you still dey Benue? Hope it's up to 40 words.
Re: With 500k, Which Business Can Guarantee 20k Daily by Emvicprints1: 9:35pm On Jun 16, 2025
RockyEyo:
Got tired of reading due to so many nae sayers, ha na wa o, so 20k isn't a lot to be made in a day, u may not even need that much money and u may need more.... what matters is time and consistency no matter the business, u need to build it up over time and be consistent at it.
As for ideas let's put it to u this way e.g if I buy 10goats from the north at 50k each n sell for 70k each I think I'm on my way already?
Please recall I talked about time..... start small n grow big. Just think of what u can buy n sell that u could make 1k on each one nd probably need just 20units...... hmmm phone accessories come to mind
Again what do I kw.... let the nae sayers have the day.
you sell 10 goats in a day?! Na only your goat enter market that dayhuh
Re: With 500k, Which Business Can Guarantee 20k Daily by RockyEyo(m): 9:38pm On Jun 16, 2025
Emvicprints1:
you sell 10 goats in a day?! Na only your goat enter market that dayhuh
So I buy a goat at 50k n sell at 70k tp at 5k if I sell even 1 per day do the math nae sayer sir
Re: With 500k, Which Business Can Guarantee 20k Daily by oylam(m): 9:44pm On Jun 16, 2025
binary123:
I beg go front go find your own.what I'm seeking for is possible, people are making it's not a mere imagination camdowm,
But don't come here to steal ideas ooo please.
Steal ideas, this is for humanity brother. I would tell you to go buy an Upwork account, but it’s a skill-intensive task. Make unna dy no dy Kala again.
Re: With 500k, Which Business Can Guarantee 20k Daily by iHart(m): 9:52pm On Jun 16, 2025
Omoapena:
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.
let's be realistic. You can't invest 500k once and then keep getting 20k every day

However, You can invest money today and recover the capital plus profit today. Example is those selling perishables in our daily markets. For instance, those selling fresh tomatoes. They buy a basket or two every morning and before the day runs out, they have gotten their capital and profit. The next morning they go get another basket or two. The same with those retailing fresh fish. The mostly buy what they can finish retailing in a day. The next day the circle continues.
Re: With 500k, Which Business Can Guarantee 20k Daily by jmichael259(m): 9:54pm On Jun 16, 2025
Dashlish:
Well I understand you Bro Has That's My Field But Getting Trucks Nowadays Is A Big Problem Has The Coastal Road Project Make That Possible.

Anyways If You Get Link For Trucks, Kindly Hit Me Up
Not link per say but I'll advise the person to look beyond "township". Business is booming and there's demand for drivers in "rural" areas making it easier to find job and operate than inside state capital.
In Imo I operated in the outskirts of Owerri. In Abia I operated inside Ohafia and Abiriba axis. Nothing concern you with long talk or unnecessary competitions.
Also you need to stick close to the pits and union offices to know or be in position when a truck is available. Those things happen suddenly. It doesn't really have "link"
Re: With 500k, Which Business Can Guarantee 20k Daily by jmichael259(m): 10:05pm On Jun 16, 2025
holicupp:
Business center my younger brother makes more than 20k daily here is the break down of things he does
Charging of phone each phone ₦400
Movie ₦50 and music ₦20 download
Ps2/PS3 if there's light ps2 is ₦50/gen₦100 for a round
Ps3 light ₦100/gen₦150 for a round
But 500k can not get u all things needed now
My bro started 2020 and he didn't get everything once
If Binary123 really has 500k, starting those things won't be hard. Generator and TV suppose dey around their house as per naija we dey.
Having said capital and starting with it first can make it easier for him to find cooperative or microfinance that will grant him a soft loan or a helper or purchase some things on credit or installments.
Socket board + chargers + printing tally =150k
Shop rent =?? depends on location
If he get change, used PlayStation or laptop for the downloads are optional additions.
Re: With 500k, Which Business Can Guarantee 20k Daily by Emvicprints1: 10:08pm On Jun 16, 2025
RockyEyo:
So I buy a goat at 50k n sell at 70k tp at 5k if I sell even 1 per day do the math nae sayer sir
lol it's easy to write on paper. Goat sellers are billionaires den.
Re: With 500k, Which Business Can Guarantee 20k Daily by Grace201010(f): 10:12pm On Jun 16, 2025
Omoapena:
No location can generate that by selling foodstuff daily.
I didn't say daily.. I said like 3 times in a week which is 60k.... U can even make more if u have enough capital.. yam is usually cheap in some village market.. it goes as low as 1k per 1 tuber, and u can sell 2k when u come to the city...

And it's very possible to sell all in a week, sometimes u will even sell in bulk...
Re: With 500k, Which Business Can Guarantee 20k Daily by CryptoPornster(m):
If you can master the art of selling, its very possible to make 20k daily profit.

You can sell your own goods and services or someone else's and you will only invest in ads (Facebook, google and Instagram).
Re: With 500k, Which Business Can Guarantee 20k Daily by Grace201010(f): 10:13pm On Jun 16, 2025
Emvicprints1:
you still dey Benue? you still dey Benue?you still dey Benue?you still dey Benue? Hope it's up to 40 words.
I'm a student here, this is my state, currently do not have anywhere to run to.
Re: With 500k, Which Business Can Guarantee 20k Daily by phemray(m): 10:18pm On Jun 16, 2025
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
As in 20k/day for 30 days a month=600k and the Bankroll still remains? Yes, it's possible but you know the business already.
Re: With 500k, Which Business Can Guarantee 20k Daily by saintruky(m): 10:27pm On Jun 16, 2025
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.
Buy Keke and ride it urself... You'll make 20k daily
Re: With 500k, Which Business Can Guarantee 20k Daily by geoworldedu: 10:27pm On Jun 16, 2025
Lanretoye:
since you know the people ,why don’t you just do what they are doing?.you are in benue state,if we go buy what we read and see in the news then I assume there should be nobody left in that state.
Benue populations are in millions, attacks day in day out have not even killed up to 5,000 na. So why won't people be there. Even Israel and Iran haven't even killed themselves up to 10,000 people according to the news, how much less Benue State?
Re: With 500k, Which Business Can Guarantee 20k Daily by jmichael259(m): 10:27pm On Jun 16, 2025
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 😄
Taxes Ke? Anyways yes they pay for daily tickets. Just a few hundred naira ni🤷🏻‍♂️
Offloading I'm talking about doesn't necessarily depend on individual trips. For example one container of plastic drinks or biscuit let's say 65k. Dem no dey like crowding so Na few of them get the money and they're usually less than 6 involved. Apart from offloading from container, there are customers purchasing from Oga in the shop or through phone. One or two of the guys are called again to deliver let's say 75 cartons to a certain shop in the other line in the market or a street or bus stop outside the market. Each of these people can handle over 300 cartons worth of offloading, supply and delivery in a day.
It's just that the negative view affects them and they don't think positive with their money. Even the responsible ones with family and all still don't understand that they're earning higher than people wearing suits. They don't plan big projects. Just squander the money daily on their family (for responsible ones) or food (Oh boy, they can consume more than 8k food in local mama put joint daily). Gambling, clubbing, prostitute and drugs are the major vices that finish them kpata kpata.
I've seen some manage to build a small house, raise a family and even raise another business from their proceeds.
You don't even need to buy the barrow. There are multiple renting spots in the market. I don't even want to talk about the income of those men that use motorcycle 🏍️ to deliver cement and rods from warehouse to sites.

Oga if you handle construction project or enter market for some time and observe. Na rubbish business dey pay the most. Na the shame or the heart to do am be Koko.
Re: With 500k, Which Business Can Guarantee 20k Daily by MaZee1: 10:32pm On Jun 16, 2025
You sure say you no go carry gun like this 🤣💀
Re: With 500k, Which Business Can Guarantee 20k Daily by hartson: 10:47pm On Jun 16, 2025
bobkezel:
IRON CONDEMN!!!
You go crase before the days ends.
Is not iron condemn rather is iyon kwondem grin grin
Re: With 500k, Which Business Can Guarantee 20k Daily by Titusolufemi(m): 11:07pm On Jun 16, 2025
Even if there is a business like that, did you consider the customers that will patronize you?
Do you think you can just wake up one day and start a business with immediate boom in patronage (unless you want to plus it. I mean bizza bizza)
Some business you see making those profit or more spent years (with lots of prayers, wishes, marketing, advertisement and some even go spiritual) before achieving that.
Doing business is not as simple as you think it is. You may even stay a whole day without making any profit
Re: With 500k, Which Business Can Guarantee 20k Daily by Drsnives(m): 11:07pm On Jun 16, 2025
Stephen0mozzy:
The time taken to ask me a question would have better being used in answering the question i.e tell us the menial jobs that'll pay the 20k daily.
Okada, lebuke, wheelbarrow pusher, tiler.. mason etc.
I get bike as my side Hussle.. I earn minimum wage in my place of work, I don't touch the salary doh, I Hussle with my bike early before going to work and evening after closing from work.. on Saturday after returning from my small farm I will still Hussle.
My bike gives me over 100k monthly with I use for taking care of myself n family
Re: With 500k, Which Business Can Guarantee 20k Daily by pman06(m): 11:12pm On Jun 16, 2025
As the saying goes: A fool and his money are soon parted grin
Re: With 500k, Which Business Can Guarantee 20k Daily by haggai247: 11:43pm On Jun 16, 2025
The richest man in Babylon will teach you one or go it's free go listen to it.

Listen to the five laws to prevent a lean PURSE

Op is about to violate the fourth law secure thy Gold.

Gold vanishes away from people who are tempted with reward of huge gain quickly.

and will not take advice from any who's skilled with such ways of making money.

First law
One tent of all you earn is your to keep
Second law
Learn to live below what you earn
Third law
Invest thy earning(gold) and let it's children (copper)(interest) bring more earnings

this is how you get golds in shackles I love the phrases gold in shackles (golds that work why you earn.

If you lose your gold you'll either learn from it like Arkham or
Re: With 500k, Which Business Can Guarantee 20k Daily by PhilipEboh: 12:14am On Jun 17, 2025
RockyEyo:
Got tired of reading due to so many nae sayers, ha na wa o, so 20k isn't a lot to be made in a day, u may not even need that much money and u may need more.... what matters is time and consistency no matter the business, u need to build it up over time and be consistent at it.
As for ideas let's put it to u this way e.g if I buy 10goats from the north at 50k each n sell for 70k each I think I'm on my way already?
Please recall I talked about time..... start small n grow big. Just think of what u can buy n sell that u could make 1k on each one nd probably need just 20units...... hmmm phone accessories come to mind
Again what do I kw.... let the nae sayers have the day.
Except u include repairs, they don't buy accessories daily so that business is out of it
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