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Please Advice Me!!! What Business Can I Start With 50k? - Business - Nairaland

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Please Advice Me!!! What Business Can I Start With 50k? by TK0907(m): 4:53pm On Oct 09, 2015
I'm a graduate that completed my NYSC by july and at the end of my service, all the cash i could save was N50,000 and i have tried getting a job but all to no avail after the service and i have tried to keep this money in my account but i don't have an idea of any little business that i can start with this small amount and i'm tired of staying at home. I need an advice please.

6 Likes 1 Share

Re: Please Advice Me!!! What Business Can I Start With 50k? by deadZONE: 4:54pm On Oct 09, 2015
start selling Ok bra and pant

54 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by christinie(f): 5:07pm On Oct 09, 2015
Sell food stuff (packaged ones like tomatoes, salt, seasonings, pasta etc).

7 Likes 2 Shares

Re: Please Advice Me!!! What Business Can I Start With 50k? by mumcyore: 5:47pm On Oct 09, 2015
try and learn a skill either fashion,cake making and all the likes

13 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by ajasa4link: 6:13pm On Oct 09, 2015
Mai Suya.....
Though it sounds funny but this is a good business because it's something u can learn as fast as possible, just give a aboki close to ur area 1k, tell him u want to learn the Mai Suya business and he will gladly help u out( he might not collect the money and teach u, trust me northerners are very nice people.)
Also the business will fetch u good money if u can give it better packaging since u are graduate( Believe, people like unique things, like a guy on shirt, Jean,airmax dishing them their hot spicy Suya.) Before u know it, some corporate guys will start driving down to ur spot just to get their Suya.
And finally it's not expensive to set up at all. U can set it up within that budget limit u have.

198 Likes 8 Shares

Re: Please Advice Me!!! What Business Can I Start With 50k? by Nobody: 7:38pm On Oct 09, 2015
ajasa4link:
Mai Suya.....
Though it sounds funny but this is a good business because it's something u can learn as fast as possible, just give an aboki close to ur area 1k, tell him u want to learn the Mai Suya business and he will gladly help u out( he might not collect the money and teach u, trust me northerners are very nice people.)
Also the business will fetch u good money if u can give it better packaging since u are graduate( Believe, people like unique things, like a guy of shirt, Jean air max dishing them their hot spicy Suya.) Before u know it, some corporate guys will start driving down to ur spot just to get their Suya.
And finally it's not expensive to set up at all. U can set it up within that budget limit u have.


Lol, guy u wicked o

65 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by foriz4u(m): 7:40pm On Oct 09, 2015
Hmmm.... D comment I c here is totally discouraging and alarming and a call to national attention on building on the minds of graduates. Could it be that all dos commenting re kids or sth? Infact.... I fink NL should start making age discretion as childishness is now very common in here.
Back to the point now jare, OP there're tens of businesses u can do with 50k...a frnd once told me abt cattle raring with a starting capital of 25k, u can also go into importation, roasting of plantain, liquid soup making...lot more... I can link u up if u don't mind...just inbox me.

Ur case is very common. People have millions in their a/c with no idea on wht to use d money for and can't even help an idea wen someone comes begging

28 Likes 2 Shares

Re: Please Advice Me!!! What Business Can I Start With 50k? by Arsenella007(f): 7:57pm On Oct 09, 2015
If you are in lagos, get to cotonou, buy ladies bags,okarika, you will be surprised how many bags 50k can get you, and mind you , you don't need a shop to start off, tell your female friends and neighbors, or you can hang the bags in a persons shop, just make sure you don't leave it for them to sale for you, or you can buy men's shoes,loafers, etc okarika and still sample it or tell neighbours, if you are mobile, you can take it to your state secretariat and sale from your car boot, if you are in the east, you can get down to aba, buy good shirt materials, find a tailor,then take it to banks etc, but make sure you know how to use a tape..Good luck

41 Likes 4 Shares

Re: Please Advice Me!!! What Business Can I Start With 50k? by techmart(m): 7:58pm On Oct 09, 2015
@Op... just make sure that anything you want to venture into is what you like doing... dont make frustration drag you into anything, because if you Dont get results fast, you can give up easily.



like the guy above me said.... importation, learning a craft or any new skill/service and render to people.


God bless us all... we graduates

20 Likes 1 Share

Re: Please Advice Me!!! What Business Can I Start With 50k? by orogodoganyin(m): 8:13pm On Oct 09, 2015
have u considered viewing centre? rentals? ur a graduate doesn't mean u can't learn skills. try tailoring. with packaging nd effizy, u can blow

12 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by Venom104: 8:26pm On Oct 09, 2015
1..Car wash.. If you can find a strategic location in a commercial or institutional area to rent or get persimmon for use with returns to the owner monthly. You could make between 30-70k monthly

2..Barbing saloon..Also involves you scouting a good area probably around a campus or residential area to get a small shop, generator, clippers etc

3..Business center(Photocopying/Printing)..Laptop, a small A4 printer and/or a second hand photocopier, You would be surprised by how much you could make in a month in a campus or ministry..

All the above involve the sale of a service with little running costs, rather than goods that might tie your money down till a customer comes along.Maybe other posters can advice you adequately on goods that can bring good returns.

Wish you all the best..

72 Likes 3 Shares

Re: Please Advice Me!!! What Business Can I Start With 50k? by Nobody: 8:44pm On Oct 09, 2015
Hmm, i know this shiit is moving to FP and i just can't help but to comment, well my advice. start a poultry farm, or goat herding

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Re: Please Advice Me!!! What Business Can I Start With 50k? by phemmytmg(m): 8:51pm On Oct 09, 2015
OP

I would advice you to think very well...av u discover yourself? What is it that u do most excellently without stress?

Moreover, what course did u study ? Maybe I can easily suggest a business for u.

3 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by StepTwo: 9:01pm On Oct 09, 2015
Venom104:



1..Car wash.. If you can find a strategic location in a commercial or institutional area to rent or get persimmon for use with returns to the owner monthly. You could make between 30-70k monthly

2..Barbing saloon..Also involves you scouting a good area probably around a campus or residential area to get a small shop, generator,

3..Business center(Photocopying/Printing)..Laptop, a small A4 printer and/or a second hand photocopier, You would be surprised by how much you could make in a month in a campus or ministry..

All the above involve the sale of a service with little running costs, rather than goods that might tie your money down till a customer comes along.Maybe other posters can advice you adequately on goods that can bring good returns.

Wish you all the best..

the guy says He has just 50k

24 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by idu1(m): 9:03pm On Oct 09, 2015
Storeburn:
Hmm, i know this shiit is moving to FP and i just can't help but to comment, well my advice. start a poultry farm, or goat herding
goat herding make brain but people no no.

2 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by StepTwo: 9:06pm On Oct 09, 2015
TK0907:
I'm a graduate that completed my NYSC by july and at the end of my service, all the cash i could save was N50,000 and i have tried getting a job but all to no avail after the service and i have tried to keep this money in my account but i dnt have an idea of any little business that i can start with this small amount and i'm tired of staying at home. I need an advice please.
Bros, if you are anywhere around lagos or environs, you can travel to cotonou as d other guy said, get good 2nd grade clothes and start up, u may just need an umbrella for dia biz.


or you can do importation, you can start this through anyone who orders, and den subsequently u start doing your own direct ordering, you can get gadgets or anything u knw is high on demand. this is how I started importation and I can tell you, it pays a great deal. I started with fones and later expanded to laptops and now I have included wrist watches etc.

goodluck to you.

8 Likes 1 Share

Re: Please Advice Me!!! What Business Can I Start With 50k? by Pigin1: 9:10pm On Oct 09, 2015
@Op, Play Bet9ja with the money and thank me later!!!

19 Likes 2 Shares

Re: Please Advice Me!!! What Business Can I Start With 50k? by bigval(m): 9:26pm On Oct 09, 2015
Hello sir, I would have been in your shoes if not for an uncle of mine who after 12yrs enslavement in the bank lost his job, he showed me the business of the 21st century, Its basically generating wealth from the present needs in Nigeria, pm me @ bigval007@gmail.com, and We will talk better

3 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by Nobody: 9:27pm On Oct 09, 2015
idu1:
goat herding make brain but people no no.
are you into it?

1 Like 1 Share

Re: Please Advice Me!!! What Business Can I Start With 50k? by Nobody: 9:28pm On Oct 09, 2015
Do not send anyone a mail
if you have any idea, DROP IT HERE

77 Likes 2 Shares

Re: Please Advice Me!!! What Business Can I Start With 50k? by idu1(m): 9:36pm On Oct 09, 2015
Storeburn:
are you into it?
am planning to start.
Re: Please Advice Me!!! What Business Can I Start With 50k? by Nobody: 9:57pm On Oct 09, 2015
idu1:
am planning to start.
ok, do you know the risks involved? Make sure to find out more about it.

1 Like

Re: Please Advice Me!!! What Business Can I Start With 50k? by onosprince(m): 10:38pm On Oct 09, 2015
Use am buy drinks and carry ur girlfrd go sleep for hotel.

8 Likes 1 Share

Re: Please Advice Me!!! What Business Can I Start With 50k? by Sholaystar4me(m): 11:53pm On Oct 09, 2015
Do agriculture it pays. Browse agricultural threads to find what u can do.

Victory is from God alone
#sholaheckscares

4 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by tosyne2much(m): 1:29am On Oct 10, 2015
foriz4u:
Hmmm.... D comment I c here is totally discouraging and alarming and a call to national attention on building on the minds of graduates. Could it be that all dos commenting re kids or sth? Infact.... I fink NL should start making age discretion as childishness is now very common in here.
Back to the point now jare, OP there're tense of business u can do with 50k...a frnd once told me abt cattle raring with a starting capital of 25k, u can also go into importation, roasting of plantain, liquid soup making...lot more... I can link u up if u don't mind...just inbox me.

U case is very common. People have millions in there a/c with no idea on wht to use d money for and can't even help an idea wen someone comes begging
I couldn't but shook my head in contempt after reading the comments of the acclaimed graduates

So pathetic

6 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by yomalex(m): 2:35am On Oct 10, 2015
FMCGs
Re: Please Advice Me!!! What Business Can I Start With 50k? by Nature129(m): 6:56am On Oct 10, 2015
You can acquire the knowledge of recharge card printing and start printing from your house. You will supply to retailers and also retail if you like. With 50k you are good to good. Good luck!!

2 Likes 1 Share

Re: Please Advice Me!!! What Business Can I Start With 50k? by decub: 7:31am On Oct 10, 2015
First, discover what you like doing.
Understand your location cos it matters in thinking of any business.
Think like an entrepreneur; be ready to take risks provided it's geared towards proffering solutions to problems.

50k is big and also small money depending on what you already have and where you are.

You can be a sub distributor of recharge cards with some reasonable average monthly turnover of N40000 if you have the market. It also doesn't come with much risks as the printer. You are also sure enough you can manage your time well cos you don't need to work for over 5 hours per day.

If you have a laptop and a small printer already, you will discover you may have succeeded in starting a small business center... think outside the box.

You can learn tailoring, at least I have been in your shoes and some tailors would be glad to help out once they know you can descend so low as a graduate to learn from them. Forget carrying the flag of a graduate that might restrict you of certain privilege and see it from the angle of an apprentice.

As a matter of fact, I got a job few months on learning tailoring and thanks for your thread cos I have forgotten I never took my tailoring certificate.

9 Likes

Re: Please Advice Me!!! What Business Can I Start With 50k? by rocoh(m): 7:59am On Oct 10, 2015
Storeburn:
Hmm, i know this shiit is moving to FP and i just can't help but to comment, well my advice. start a poultry farm, or goat herding
Tell me more
Re: Please Advice Me!!! What Business Can I Start With 50k? by rocoh(m): 8:01am On Oct 10, 2015
Pls tell me about goat herding
idu1:
am planning to start.
Re: Please Advice Me!!! What Business Can I Start With 50k? by BiitchAmMe: 8:32am On Oct 10, 2015
Nature129:
You can acquire the knowledge of recharge card printing and start printing from your house. You will supply to retailers and also retail if you like. With 50k you are good to good. Good luck!!

how/where can one learn about d recharge cards printing?

3 Likes

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