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If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessIf Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? (24830 Views)

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Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by DeOTR: 1:32pm On Sep 27, 2025
NiRfreak:
This Question is the fastest way to lose that money without enjoying anything out of it than tears, regret and heart attack.

See
.
It's better you buy 2 big fridge, stock it with Titus, frozen chicken, turkey, crayfish, and grinded pepper...

Then buy 3 bag of rice, one bag of beans, tubers of yam, boxes of indomie, spaghetti, and a lot of cans of milk, Milo, egg, and enjoy your life till the whole foodstuff finish, at least you chop the money for ur head, than looking for how to multiply it by 5 to make it 10million in a year.....
...
..... The probability is close to zero for you to succeed in any business that will multiply it by 5 in a year for a business u don't even know yet....
..
Speaking from plenty years of experience losing millions to this kind of question and ventures.

I just say make I advise u. If u like hear
He'll actually save 3 million after one year with this advice. 33.33% turnover not a bad idea.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by deltateam: 1:34pm On Sep 27, 2025
Order4adwriter:
I'll use the 2m to trade Solana memecoins.
I'll pay back the money within 7 to 9 months.
Do you have any collateral? So you can start.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by HRTOFAKNG(m): 1:36pm On Sep 27, 2025
dododawa1:
Invest it




in Tinubu


Second term.
😁😀😃😄😆😅😂🤣😂😅😆😁😄😃😀 My stomach o!😁
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Stayingalive: 1:39pm On Sep 27, 2025
epainos:
Go to a cheap place and buy food in bulk at home...and cook. I don't need to spell it out for you. People have done it. If you can't go to major markets to buy in bulk & cook....goodluck to you. And if you cannot cut down what you eat...if you wan chop the best...feel free to use N350k per month only on food. A beg no mention me again.
cheap place with laptop and you will have to buy fuel Abi?

Abi na darkness you wan press lappy Abi? Data nkor? Employment opportunities nkor?
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Figurine007: 1:43pm On Sep 27, 2025
Sirchiboy:
If you’re given ₦2m to turn into ₦10m within one year, what business would you do?
Yahoo hahoo business is a perfect business.

Ole!

2 million business to 10 million in 12 months.
I'm 100% sure this must be GenZ asking.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Silentshark: 1:45pm On Sep 27, 2025
In the Nigeria of today

Drugs
Clubhouse
Ashawo house
Food
Crypto
Bet

The last 2 be d riskiest so just back anyone up with small otumokpo because for 9ja u fit get that 10mil las las make one tin cm do am
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by chidiokay: 1:48pm On Sep 27, 2025
Dopeboy8701:
Look for wan sure 5 odd in one weekend, and nack am 2mill, you will be smiling by Sunday evening.....or crying
check your ticket Man U don cut am
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by tunde1200(m): 1:49pm On Sep 27, 2025
Go for trailer tipper business it will yield more than just what you budgeted.

2m is too small sha make it like 25m
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Porksupplyib: 1:53pm On Sep 27, 2025
motymop:
To be sincere. No business will turn 2m to 10m in one year except you are speculating in the stock or crypto market and it depends on your trading skills.

Business are the hardest thing to do..it depraves you of good sleep and it reduces your quality of life for a moment until you are successful.
If you are speculating in stocks or crypto market, the probability of losing the money is more than 80%.
Anyone lucky to make such x5 returns has only gambled and is lucky to come out on top. Simple.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Porksupplyib: 1:55pm On Sep 27, 2025
Order4adwriter:
I'll use the 2m to trade Solana memecoins.
I'll pay back the money within 7 to 9 months.
Simply say u want to gamble it in Solana memecoins.
It is a gamble. And you might be lucky.
But be rest assured, thousands have lost way more than that trying to be lucky.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by ayoncox: 1:56pm On Sep 27, 2025
Sirchiboy:
If you’re given ₦2m to turn into ₦10m within one year, what business would you do?
I will create something that will tap into others need of money, something that will make me get 10k that will pay 10k calculate it
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Porksupplyib: 1:56pm On Sep 27, 2025
Anyone who wants to turn 2m to 10m within a year should be open to the risk of losing it all.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by bikefab(m): 1:56pm On Sep 27, 2025
Growing a business is a process, so is making money out of it. Unless you are looking for a money doubler, a pyramid scheme or a game of chance. Invest in whatever venture you're passionate about. Start with small amounts, take calculated risks and endure the losses that might come. Even big brands of today struggled to break even during their teething stages
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Onewazobia(m): 1:57pm On Sep 27, 2025
Go for contents creation, get a good cellphone, ring light, small generator.
Lastly enter prayer house, record all your struggles there as the first content, follow by a topic like how to turn #2m to #10m within 12months
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by RightToReject(m):
The possibility of you turning #2m into #10m or more within a year is very high, subject to your knowledge, determination, and grace. If you've the nose for creativity and innovation, focus on the Secondary Sector of the economy, if you're operating in a developing country like Nigeria, but if you're operating in a developed country like the US, with the equivalent of that amount, focus on the Quaternary Sector.

Making it big has never always been about the quantity of the seed financial capital, but rather the human capital resources. So, with that amount, you can successfully kickstart your journey of building a multi-billion dollar business empire.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by googi: 1:59pm On Sep 27, 2025
Sometimes you have to wonder why we are getting poorer with so many intelligent people in the Country as in this thread.

Questions like this and "which country can I japa with Bleep naira" show how greedy and impatient many of us are to get rich fast. It also explains the source of the money. If you work hard for the money, you will not be looking for risky returns or risking your life through sea and desert.

Their sources of money are political looting, Yahoo, drugs and rituals.

Unfortunately, most of those with brilliant minds are overshadowed by crooks that give or make high returns. Until we return to our Value systems, with lower priority on get rich quick, our next generation will curse us as we curse the chiefs that sold us into Slavery.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Procashtips(m): 2:01pm On Sep 27, 2025
None

Except

Gambling.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by iLegendd(m): 2:01pm On Sep 27, 2025
Easy as pie.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by mrkia(m): 2:02pm On Sep 27, 2025
Do you mean l should send you my business plan? If yes and that yes will lead me to get that #1m, am ready
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by HRTOFAKNG(m): 2:02pm On Sep 27, 2025
NiRfreak:
.
In this country? Or where?
Where you will turn 2Million to 10Million in a year. Oga, don't be naive, e no dey. If you try am, you will end up with risky ventures that will end up wasting the money.
Anyone with that mindset of 5× on ROI is not meant to be in business because he will lose all the money. Trust me. It's better to budget the money for food, at least it can last him a year or two eating and surviving than chasing 5X business model...... Which he hasn't even done before....
.
The only business he can try is
MMM, betting, Crypto trading, stock trading... etc... And u know what, no novice or first timer can pull that 5x profit in a year, they will lose all that money at last.
. If he talks of 30% gain..... Or 50% gain highest... Maybe he can have the sense to pursue legit business.. But 5x ROI? E no dey for newbie, it's better e use it to eat chicken, which can last for two years, than losing it like a smoke. I hope u understand my pov
Well, I agree with you to some extent, especially where you say " for a newbie". But I want to tell you categorically there are businesses you can actually put that amount and get something close to. But be ready to work your ass out😁
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by RealityKings1: 2:05pm On Sep 27, 2025
Dopeboy8701:
Look for wan sure 5 odd in one weekend, and nack am 2mill, you will be smiling by Sunday evening.....or crying
Crying is 100% certain
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by RevenuesBoost(f): 2:07pm On Sep 27, 2025
Sirchiboy:
If you’re given ₦2m to turn into ₦10m within one year, what business would you do?
Store Palm Oil and Rice when it's cheap and sell when it's costly

Right now is the period for buying Rice in bulk and storing it up.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by ChybuzzDD(m): 2:10pm On Sep 27, 2025
uchennamani:
If na me, I won't do any business. I won't even risk it. I would simply use it to buy federal government bond that pays 30% through a third pary issuing house. If the money is up to 45m, I will simply buy the bond with CBN. But since the amount is not up to that amount, I will buy with save it with Opay, Fairmoney, Piggyvest, etc. They collect money from people and use it to by treasury bills issued by the government.

In a year, your 10m will become nearly 13m, which is almost 30% profit.

No sane person invests this amount in a business that is not certain n this balablue economy.
There's no bond that currently pays upto 30%. People should stop dishing out what they don't know.
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by NiRfreak(m): 2:26pm On Sep 27, 2025
HRTOFAKNG:
Well, I agree with you to some extent, especially where you say " for a newbie". But I want to tell you categorically there are businesses you can actually put that amount and get something close to. But be ready to work your ass out😁
I still repeat,
The probability that 5x will happen is still close to zero for a newbie Oga in that so called business. Name it.
If he tries that venture 10 times, maybe he will make 5x only once. That's wasting 20Million on something that will only work once (10M) with a probability of 0.1 ... Think am... Is it worth it?
Is it not better he used the money to eat than chasing 5x?
.
Tell us the business, and we will calculate the probability for you... And it will be close to zero
Re: If Given ₦2m To Turn Into ₦10m Within One Year, What Business Would You Do? by Dcaliphate(m): 2:26pm On Sep 27, 2025
Open a standard Akara, Dodo and yam frying buka. Let people be able to eat with Akamu or Tea. Comot shame for eye run modernly make i see if e no go work
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