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Pls Advise - What Biz Can I Start With About 5m? - Business - Nairaland

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What Biz Can Small Scale Biz Can One Start With 200k / With 200k What Biz Can One Do To Bring 4-5k Daily / I Am Relocating To Ibadan What Biz Can I Do 200k (2) (3) (4)

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Pls Advise - What Biz Can I Start With About 5m? by Joy2Dwise: 8:03pm On Jul 19, 2017
Hi guys,
I'm seriously considering leaving my job cus its very tasking and also drains my energies, giving me no extra time to do something on my own. Besides, I've worked in this multinational firm for 12 years as a contract employee and there seem to be no future there for these categories of workforce. I have a tourist visa to US and Canada, ....have thought about relocating but that doesn't sound like a good option considering that I have four kids and a wife to look after, so what kind of biz can you guys suggest for me to do with about 4-5m? I don't plan to stay in this job up to six months. Would have loved to leave immediately if I have a better alternative. I live and work in Lagos Island.

Your candid response would be appreciated.
Re: Pls Advise - What Biz Can I Start With About 5m? by Nobody: 8:46pm On Jul 19, 2017
Joy2Dwise:
Hi guys,
I'm seriously considering leaving my job cus its very tasking and also drains my energies, giving me no extra time to do something on my own. Besides, I've worked in this multinational firm for 12 years as a contract employee and there seem to be no future there for these categories of workforce. I have a tourist visa to US and Canada, ....have thought about relocating but that doesn't sound like a good option considering that I have four kids and a wife to look after, so what kind of biz can you guys suggest for me to do with about 4-5m? I don't plan to stay in this job up to six months. Would have loved to leave immediately if I have a better alternative. I live and work in Lagos Island.

Your candid response would be appreciated.
Start indomie and egg business

1 Like 1 Share

Re: Pls Advise - What Biz Can I Start With About 5m? by Chriswazo(m): 9:04pm On Jul 19, 2017
Worwor:
Start indomie and egg business

Lol
Apply for Npower bro and thank me later
Re: Pls Advise - What Biz Can I Start With About 5m? by Nobody: 9:06pm On Jul 19, 2017
Do you give loans?
Re: Pls Advise - What Biz Can I Start With About 5m? by chrisking125(m): 9:49pm On Jul 19, 2017
animal farming
Re: Pls Advise - What Biz Can I Start With About 5m? by chrisking125(m): 9:51pm On Jul 19, 2017
animal farming... Isaacchris25@gmail.com if you are interested
Re: Pls Advise - What Biz Can I Start With About 5m? by Kingsolar: 9:54pm On Jul 19, 2017
Pls go into agricultural produce supplies, buy directly from farmers from interior villages and bring to cities or try to open a shop that sells food items, bro, that's the line of business that I can asur u DAT u will never lose. To be sincere I knew of some one that used 26k to run a farm produce, stored it for just six months and his gain was 300k. Am not lying so just imagine using jus 500k for same business, ow much do u think u cud gain. Use ur brain bro. My little advise

2 Likes

Re: Pls Advise - What Biz Can I Start With About 5m? by ololadeking(m): 9:59pm On Jul 19, 2017
Sensual:
Do you give loans?
smart girl,woman of my tribe
Re: Pls Advise - What Biz Can I Start With About 5m? by ololadeking(m): 10:04pm On Jul 19, 2017
bro,start a primary or secondary school,aquire land and build on it about 3m for that with furniture,then spend 500k on advertising d school,and use the rest to kick start govt levy and staff salaries,i see you making it bro,and yr school standard matters too
Re: Pls Advise - What Biz Can I Start With About 5m? by Fxmanager(m): 10:23pm On Jul 19, 2017
Joy2Dwise:
Hi guys,
I'm seriously considering leaving my job cus its very tasking and also drains my energies, giving me no extra time to do something on my own. Besides, I've worked in this multinational firm for 12 years as a contract employee and there seem to be no future there for these categories of workforce. I have a tourist visa to US and Canada, ....have thought about relocating but that doesn't sound like a good option considering that I have four kids and a wife to look after, so what kind of biz can you guys suggest for me to do with about 4-5m? I don't plan to stay in this job up to six months. Would have loved to leave immediately if I have a better alternative. I live and work in Lagos Island.

Your candid response would be appreciated.

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Re: Pls Advise - What Biz Can I Start With About 5m? by pearl83(f): 10:29pm On Jul 19, 2017
Check my signature
Re: Pls Advise - What Biz Can I Start With About 5m? by slice100: 10:31pm On Jul 19, 2017
nice idea but talking of cash go into forex and binary trading learn it grow your skill master it and earn like a boss all from the house or you could look for a trading site where they trade for u its a real stuff google about it and note scammers are out there be careful.
my advice is to face online money it last and has low risk if you know what you are doing.

or better still invest in upcoming cryptocurrency and let it grow and mind me its a long term investment

Re: Pls Advise - What Biz Can I Start With About 5m? by samjey: 10:59pm On Jul 19, 2017
Joy2Dwise:
Hi guys,
I'm seriously considering leaving my job cus its very tasking and also drains my energies, giving me no extra time to do something on my own. Besides, I've worked in this multinational firm for 12 years as a contract employee and there seem to be no future there for these categories of workforce. I have a tourist visa to US and Canada, ....have thought about relocating but that doesn't sound like a good option considering that I have four kids and a wife to look after, so what kind of biz can you guys suggest for me to do with about 4-5m? I don't plan to stay in this job up to six months. Would have loved to leave immediately if I have a better alternative. I live and work in Lagos Island.

Your candid response would be appreciated.
why don't you invest in something enduring: gold! For more info you may reach me via samteebiz1@gmail.com
Re: Pls Advise - What Biz Can I Start With About 5m? by hammak1993(m): 11:03pm On Jul 19, 2017
Go into pharmaceutical, I can put you through .
Re: Pls Advise - What Biz Can I Start With About 5m? by zamirikpo(m): 5:46am On Jul 20, 2017
My brother I am currently grappling with this same issue , I have had sleepless nights thinking and planning. So I feel ur pain, with 5m u can become very rich or u can loose it all,it all depends on the choices u make. So I would advice as follows
1. If 5m is all the money u have, I suggest u divide it into two,save half and invest the other half
2.don't venture into any business u would not manage by urself....when I mean by urself,I mean u must be there 100% of the time.
3.u must take time to learn the ropes of whatever business u intend to embark upon.

May God guide u because i know how challenging it is, especially when u have not done business before.

1 Like 1 Share

Re: Pls Advise - What Biz Can I Start With About 5m? by Bioboy1213(m): 7:26am On Jul 20, 2017
Kingsolar:
Pls go into agricultural produce supplies, buy directly from farmers from interior villages and bring to cities or try to open a shop that sells food items, bro, that's the line of business that I can asur u DAT u will never lose. To be sincere I knew of some one that used 26k to run a farm produce, stored it for just six months and his gain was 300k. Am not lying so just imagine using jus 500k for same business, ow much do u think u cud gain. Use ur brain bro. My little advise
I concur, this works like magic

1 Like

Re: Pls Advise - What Biz Can I Start With About 5m? by Sobandemojisola: 10:39am On Jul 20, 2017
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1 Like

Re: Pls Advise - What Biz Can I Start With About 5m? by Joy2Dwise: 1:51pm On Jul 20, 2017
slice100:
nice idea but talking of cash go into forex and binary trading learn it grow your skill master it and earn like a boss all from the house or you could look for a trading site where they trade for u its a real stuff google about it and note scammers are out there be careful.
my advice is to face online money it last and has low risk if you know what you are doing.

or better still invest in upcoming cryptocurrency and let it grow and mind me its a long term investment

A good friend actually mentioned cryptocurrency to me (one coin) but I wasn't impressed at what I found when I did some research on it. He's presently making money in it but I don't for how long it would last before the burble bursts.
Re: Pls Advise - What Biz Can I Start With About 5m? by Joy2Dwise: 1:56pm On Jul 20, 2017
zamirikpo:
My brother I am currently grappling with this same issue , I have had sleepless nights thinking and planning. So I feel ur pain, with 5m u can become very rich or u can loose it all,it all depends on the choices u make. So I would advice as follows
1. If 5m is all the money u have, I suggest u divide it into two,save half and invest the other half
2.don't venture into any business u would not manage by urself....when I mean by urself,I mean u must be there 100% of the time.
3.u must take time to learn the ropes of whatever business u intend to embark upon.

May God guide u because i know how challenging it is, especially when u have not done business before.

Very useful advise. Thanks a bunch.
I'm also considering using my spare time to learn a particular trade so that once I'm able to grasp the nitty gritty of it, I'll kickstart the biz. That seem to be a more realistic plan for now but I'm open to more suggestions and advise.
Re: Pls Advise - What Biz Can I Start With About 5m? by Joy2Dwise: 1:59pm On Jul 20, 2017
Kingsolar:
Pls go into agricultural produce supplies, buy directly from farmers from interior villages and bring to cities or try to open a shop that sells food items, bro, that's the line of business that I can asur u DAT u will never lose. To be sincere I knew of some one that used 26k to run a farm produce, stored it for just six months and his gain was 300k. Am not lying so just imagine using jus 500k for same business, ow much do u think u cud gain. Use ur brain bro. My little advise

Good idea. Just that the security situation in the hinterlands are not really encouraging.
Re: Pls Advise - What Biz Can I Start With About 5m? by NoLotty7(m): 10:16pm On Jul 20, 2017
Try supply in foodstuffs sir
Re: Pls Advise - What Biz Can I Start With About 5m? by keriberry(f): 9:27am On Jul 21, 2017
please don't go into agriculture unless you know the nitty gritty details else you would loose all. Currently handwork pays so you should consider learning if you don't know anyone. YOu should know what you have passion for and go for it.

1 Like

Re: Pls Advise - What Biz Can I Start With About 5m? by Nobody: 12:56pm On Jul 23, 2017
ololadeking:
bro,start a primary or secondary school,aquire land and build on it about 3m for that with furniture,then spend 500k on advertising d school,and use the rest to kick start govt levy and staff salaries,i see you making it bro,and yr school standard matters too
KikiKiki.
With just 5m?
Re: Pls Advise - What Biz Can I Start With About 5m? by TellMeNothing: 1:54pm On Jul 23, 2017
Please madam loan me just 150k, i will pay you back in 3 months with 25k interest grin
Re: Pls Advise - What Biz Can I Start With About 5m? by Kingsolar: 3:28pm On Jul 26, 2017
Loan me 200k n I will pay u 300k in 4 months time
Re: Pls Advise - What Biz Can I Start With About 5m? by akinsmail51: 1:20am On Nov 27, 2017
Interesting, #5m is a good money to start and run a business empire if you have the requisite knowledge, expertise and experience. Also, a good networking and partnership may shorten the success journey as well. Note it that you can't just start a business with mere suggestions from Tom, Harry and Porter. You need to develop passion for whatever venture you want to delve into, this will serve as the driving force during a serious business moment.

The best business idea is to create a business structure around solving your own problems or people problems, You might have heard about Cleo assistant, a new disruptor fintech start up, it was created to solve the founder cash management problem. Let me give you a clue, nowadays both govts and individuals are hankering after diversification of income via agriculture, you may think around how to create value chains on these produce. Recall : someone started the idea of plantain chips. There are a thousand and one chips one can create and make cool money via them in our dear country.

In case, you desire advice on practical business ideas you can implement. You may chat me up on whatsapp via +2348053086599 or like our page on www.facebook.com/themercifulmerchants
Re: Pls Advise - What Biz Can I Start With About 5m? by ejire042(m): 2:37pm On Nov 27, 2017
You have all it takes to become a millionaire in car business.

Ask me how and I will open it up for you.

1 Like

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