If You Had To Start Over With Just ₦500,000, What Business Would You Start? - Business

If You Had To Start Over With Just ₦500,000, What Business Would You Start? - Business - Nairaland

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If You Had To Start Over With Just ₦500,000, What Business Would You Start? by Mrkc(op): 1:59pm On Jul 03

If you had to start over with just ₦500,000, what business would you start?

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by budaatum: 2:23pm On Jul 03

None! I'd invest it in learning a skill instead.

If I go to a photographer or a mechanic and pay them to teach me the basics, I'd likely learn enough to build on and earn lots more.

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by Nostalemate: 2:30pm On Jul 03*

Mrkc:
If you had to start over with just ₦500,000, what business would you start?

Why not state how much ROI you'll consider with such capital then you'll likely get the right suggestions. Randomly you can go into trading agricultural consumables like vegetables.
I'm into it as side hustle with just #400k I make 6% of my capital weekly.

budaatum:
None! I'd invest it in learning a skill instead.

If I go to a photographer or a mechanic and pay them to teach me the basics, I'd likely learn enough to build on and earn lots more.

Getting patronage isn't as juicy before the advent of IT related photograph and engineering online apps.

budaatum:
Getting patronage is precisely the work I have to do to generate income from my learning, and if I can not teach myself to do that then I better not invest in anything and just chop my ₦500,000.

Do know that after my training, I can choose to undercut others by charging half and doing twice the work for the first few years while I build up my clientele. It would be like Google giving away free stuff to start with and charging eventually. That's the investment.

The gains are in the future somewhere that I will be building, same as I have done with my chess playing that I'm now reaping from, intellectually.

Future gains from mastery of a skill differs, moreso monies invested in skillset helps in the long run but do you know if the OP is looking at having something physical to build upon.? BTW I earn at least $hundred weekly from my chess activities sometime way more if I organized a tourney so if I may ask out of curiosity what's your income @the least from your own chess ability/abilities monthly?
@budaatum I tried to register on the platform you attached when you quoted me but I didn't get their email prompt hence making it impossible for me to Log-in and try out the platform. Any way forward?

Shout-out to all chess players on nairaland earning big bucks via the game.

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by Lalami3232(m): 2:32pm On Jul 03

While others are trying to invest it in their future by leaning skills or businesses,I will invest it in the future of my fellow men nationwide by opening a free DNA test center. The money is small but we have to start somewhere because every day in Nigeria, an innocent man is fathering the seed of his non-virgin partner's ex.

What do I even know sef aside enlightening my fellow men nationwide with the good news of DNA test

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Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by budaatum: 2:40pm On Jul 03

Nostalemate:
Getting patronage isn't as juicy before the advent of IT related photograph and engineering online apps.

Getting patronage is precisely the work I have to do to generate income from my learning, and if I can not teach myself to do that then I better not invest in anything and just chop my ₦500,000.

Do know that after my training, I can choose to undercut others by charging half and doing twice the work for the first few years while I build up my clientele. It would be like Google giving away free stuff to start with and charging eventually. That's the investment.

The gains are in the future somewhere that I will be building, same as I have done with my chess playing that I'm now reaping from, intellectually.

1 Like

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by kaywhy09(m): 4:41pm On Jul 03*

I'll use it to buy $50k Prop Account of FTMO.

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by Austriaopen(m): 7:14pm On Jul 03

Mrkc:
If you had to start over with just ₦500,000, what business would you start?

I will use it to buy yarm seed and get 2 plots of fertile farmland to plant and wait after 8 months for harvest.

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by LordIsaac(m): 7:59pm On Jul 03

Akara business. Thank me later.

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by Careente7(m): 8:20pm On Jul 03

Lalami3232:
While others are trying to invest it in their future by leaning skills or businesses,I will invest it in the future of my fellow men nationwide by opening a free DNA test center. The money is small but we have to start somewhere because every day in Nigeria, an innocent man is fathering the seed of his non-virgin partner's ex.

What do I even know sef aside enlightening my fellow men nationwide with the good news of DNA test

Gu you dy para o. Wetin sup, tell us na? 😅

No comment; next question.

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by Alcatel17: 12:42am On Jul 04

kaywhy09:
I'll use it to buy $100k Prop Account of FTMO.

How much is it?

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by finatpearlhub: 1:07am On Jul 04

I will love to enlarge my Crunchy Fried groundnut business.

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by kaywhy09(m): 1:07am On Jul 04

Re: If You Had To Start Over With Just ₦500,000, What Business Would You Start? by kaywhy09(m): 1:13am On Jul 04

Alcatel17:
How much is it?

$398

1 Reply

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