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Nairaland Forum / Nairaland / General / Career / 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? (49367 Views)
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Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by MulticolourDeco(f): 1:16pm On Feb 24, 2017 |
initialize: I achieved that within 6 months believe me. But I already had a structural plan. And being working on my plans for over two years before I now decided to go all out. I don't know if this guy with 800 got a plan ooo. 800k for business is good but 1/3 of it will be spent on securing a v v v v just regular shop or office. I hope this person knows how expensive it is to get a shop now. He needs to think v v v v well. And Moreover, traveling out isn't even advices. 2 Likes |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by Insightz(m): 1:17pm On Feb 24, 2017 |
enshi: Bros let me quote you small ehh. I will be very candid with you on this one. I do not know about the 800k, whether it would be enough. But that's like about 2000 euros. There are things you should know: Work permit: you will need a work permit to get a job. It doesn't come easy. Work: workout work permit, you can't get a job. Working black: you may work black if you get someone willing to employ you. However the risks for employers is usually too high for them to do this. Also Black Africans tend to be reluctant to help in these situations. Turkish, Chinese help their own very well in getting black jobs. Anyone telling you he has a job for you or that jobs are available or that money is on the street to pick up, better question that person Crime: a large percentage of Nigerians abroad are illegal. This means they live in hiding, can't move about freely without fear of being dropped by the police. Most people end up in detention camps. If you find yourself there, you are most likely to be deported Dangers: 800k would not get you anywhere. Most people have sold their shops only to realise that life abroad is not what it seems. Do not endanger your life by going through North Africa. It's very dangerous, very perilous and you may not survive it. If you do survive it through North Africa, you will likely end up in Spain or Italy. Baba if you end up there, I swear your own don finish. They all have almost 100 percent unemployment rate for illegals. advice: stay back in Naija, invest that money. It may not be enough, but you have your dignity, respect and love of your country. No one would look st you and assume you are not a Nigerian or illegal Nigerian. No one will stop you on the way to demand to see your id, etc etc Op, I am not a hater oo or trying to be your enemy of progress, but I have seen people, so many people lose themselves because of seeking greener pastures. Do your research and find out for yourself. 3 Likes |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by bukiboy(m): 1:19pm On Feb 24, 2017 |
MizTyna: Both the man that think he can and the one that think he can't are both right. |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by DJInfluence: 1:21pm On Feb 24, 2017 |
enshi: After travelling legally abroad (say Europe or America) after about 3 months your stay will expire then what? you become illegal or seek asylum because if you think you will just go there and start working, you are fooling yourself. Your Visa will most likely be a tourist visa, so what about getting a work permit? you can´t get this with a tourist visa. And you must be legally registered in the country, working for some years before you will even get a permanent residence permit. My guy abroad no me garri but if you are ready to face the rough begining, then you can travel out because our country no be am. that 800k in a few months will be less than 1000€ so the money is losing value everyday. So act fast. 1 Like |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by officialJP(m): 1:24pm On Feb 24, 2017 |
mayoor15:the business is not met for ppl wo want to remain poor like u if u want d details i can brief u |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by Insightz(m): 1:24pm On Feb 24, 2017 |
DJInfluence: Well put |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by Nobody: 1:27pm On Feb 24, 2017 |
Bro, run as far as that money can carry you...Seriously there's no Jollof Rice at the end of the party if you dare decide to stay behind and do business... Do you do sports or have I.T skills? Or any skill in general, if yes, Please pack your Load and leave the sh*thole. Those of you saying he should venture into business, hahahaha, I laugh in greek. My cousin heard that same crap 6yrs ago and he's gnashing his teeth now... 4 Likes |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by soflygerian(m): 1:29pm On Feb 24, 2017 |
800k.. Please oh how much is an airline ticket to start with..?? You have 150million Nigerians(Potential customers). find out what you want to supply to atleast just 1million Nigerians. Boy you go smile to the bank every month..... |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by initialize(m): 1:29pm On Feb 24, 2017 |
MizTyna: In biz you need a mentor and also you shouldn't let the challenges take you out. Let me direct you to a lady that you can meet for guidance in importation. Check our https://www.nairaland.com/whizqueen |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:30pm On Feb 24, 2017 |
DJInfluence: You havent adviced for one... Which would you have gone for and why |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by sircrabo: 1:32pm On Feb 24, 2017 |
I would have suggested you travel abroad considering the fact that you'll tripple your money within 6 months and it will open up your passport for future use. Its a win win situation but if you consider the cost of buying a ticket, BTA ($1,000), putting FX rate into consideration you'll find out that 800K won't do much. Just so you don't start something you can't finish, look for a business to invest the money for the mean time so you don't get a visa and no money for ticket and BTA b4 you know it Visa will expire in your hand and money gone. |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:32pm On Feb 24, 2017 |
soflygerian: Nice |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:34pm On Feb 24, 2017 |
sircrabo: Ok.. But what kind of biz do you think.... |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:35pm On Feb 24, 2017 |
Pussickpunk: Yet another... Am really confused now |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by Resees: 1:38pm On Feb 24, 2017 |
initialize:Hey so please like how what exactly will 800k start up in Nigeria? |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:38pm On Feb 24, 2017 |
Insightz: Well said.. But pls talk more on the use of the 800k. |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by quickly: 1:42pm On Feb 24, 2017 |
enshi: 800k will finish abroad in less than 2 months and dont even think of libya. Illegal migration through libya is punish through by death penalty. Technically its rough abroad now due to the rise of nationalism abroad which saw election of May, Trump etc u can blame islamic terrorism for that. IF you love your self you will invest that money in Nigeria. Right now migrating into another country is becoming harder( wrong time) https://www.naij.com/1084002-avoid-libya-killed-presidency-warns-nigerians.html |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by soflygerian(m): 1:45pm On Feb 24, 2017 |
800k can definitely fetch you a loan of #2m... What can you do with that?? |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by initialize(m): 1:45pm On Feb 24, 2017 |
Resees: I actually started business without any money. I searched online to research products that people desire at relative cost and I introduced it to those I consider to be interested in such products. I collected their money and supplied them the time I promised to deliver. That was how I started. Most of the products I sold then we're costume jewelleries, digital watches and cheap 1gb ram phones. All were purchased from aliexpress and shipped from China to Nipost pick up locations in Lagos and sometimes in Ibadan. Read through the business section for staff up business 3 Likes |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:47pm On Feb 24, 2017 |
Lalasticlala Lalasticlala!!!!!!! Thank you |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by consultmal97(m): 1:48pm On Feb 24, 2017 |
Keneking: walahi i believe say nh yaba left you dey |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by akblings(m): 1:48pm On Feb 24, 2017 |
With dat amount u can get a locally made furnace for refining plastics, u can use waste sachet water polymers as raw materials, u buy d molds, and start ur production of plastic buckets, plates, disposal cups, spoons etc, 2 Likes |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by Nobody: 1:50pm On Feb 24, 2017 |
consultmal97: How...are you my co-inmate? |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by James150: 1:51pm On Feb 24, 2017 |
Use this and don't forget me in your Paradise 1 Share
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Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by Potoskyleee: 1:52pm On Feb 24, 2017 |
LAFO:See your mouth : give you #300K,, make you go finish am for ogogoro in two weeks. 1 Like |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by An0nimus: 1:52pm On Feb 24, 2017 |
coolsegun2002: One of the few posts with sound, workable ideas on this thread. |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by psychu: 1:52pm On Feb 24, 2017 |
800k is not enough to travel to Europe or Asia unless you want to go through the desert where you chances of dying is over 50%. You get there and live a street life. It is equally not be enough to go to America. If you want to go to any other African country, fine. 800k is enough to start a profitable business in Nigeria. Scout for a profitable product that people need often, target where the product is not reaching effectively and you will be making a lot of money distributing the product. If you are located in a city with commercial activities, send me a message and I will introduce you to a product you can distribute. You can easily triple that 800k in 6 months. 1 Like |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:53pm On Feb 24, 2017 |
initialize: Ok... I stay and what do i do with the money |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by sircrabo: 1:54pm On Feb 24, 2017 |
enshi: open online stores on jumia and konga. Look for items that are sellable on both platforms. Pick items in different categories. I.e Fashion, mobile accessories, home and kitchen ... With just 500K, Invest 100K in each item under a category That is 100K worth of mobile accessories, fashion items, ... If you can import them from china, fine ,else source for them locally in comp villa, idumota, Alaba ... FX rate is damm too high now , cost of shipping is alarming. The e-commerce market is just too wide. If you follow this steps and with good items, I guarantee you at least. 60% ROI You can use the 300k for something else. Thank me later. |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by madjune(m): 1:56pm On Feb 24, 2017 |
Start biz in Naija with 800k? Have u considered overhead costs and gen fuel wahala? Travelling out is best for you but, u need someone to hang with for awhile till u find your footing. 1.5m or 2m is more like it. 3 Likes |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by Nobody: 1:57pm On Feb 24, 2017 |
enshi: This is a trick question right? Due 800k cant start up a proper business, yes its extremely tough being abroad without anyone but i would advise you take your chances abroad.. Trust me faced the same decision and chose to leave Nigeria and have never once regretted it, it gave me leverage to have the kind of job i have here now 2 Likes 1 Share |
Re: 800k At Hand, Do I Travel Abroad For Greener Pasture Or Start Up A Biz Here? by enshi(m): 1:59pm On Feb 24, 2017 |
lestat: Hmmmm.. How long did you stay Did you go there to school or what When did you Leave |
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