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16 Businesses To Start In Nigeria With N50,000 Or Less - Business (3) - Nairaland

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Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by everozone: 3:44pm On Oct 10, 2017
Nice.At least it will benefit some people who want to start business with little capital.
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by jibs4lv(m): 3:45pm On Oct 10, 2017
samdeto:
dis op can lie. chai. 500 for Samsung s5
he really has a lot of good point of lower capital business up dia but seriously, I also find dat difficult to beliv
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by zinaunreal(m): 3:50pm On Oct 10, 2017
BreezyCB:
Wawuu

Selling of weed

1 Like 1 Share

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by abuaaliyah(m): 3:52pm On Oct 10, 2017
good write up, i really want to know how to produce candle this my number incase anybody knows 08072405189
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by GoodMuyis(m): 3:54pm On Oct 10, 2017
lilfreezy:
Nice writeup. But when I look around me and I see graduates doing these petty businesses to survive, i just weep for my country.

When is it ever going to get better cry

Well Nigeria is not structure in a way that business BrianBox and entrepreneur could survive with sound innovation. If you had big idea, sourcing fund is big deal, Banks who suppose to aid will refuse for all reason.

The only business that will quickly reach profitability in Nigeria is food/agric business and Rendering Services, unike most of the Biz listed in the OP which could be between 3%-15 net profit, and if your input is low, the gain cant even sustain you

6 Likes

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by showsys: 4:00pm On Oct 10, 2017
na so
emmyw:

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by rev2214(m): 4:01pm On Oct 10, 2017
lilfreezy:
Nice writeup. But when I look around me and I see graduates doing these petty businesses to survive, i just weep for my country.

When is it ever going to get better cry

Don't worry e go better
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by djbasket(m): 4:05pm On Oct 10, 2017
Op abeg which ladipo are you referring to PWD or mishin?
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by nmanma1(f): 4:07pm On Oct 10, 2017
ShitHead:
I don read all the bullshiits you wrote. You should be arrested for Stupidity and Frustration. N50k in Nigeria? I go use am fork ashawo.
re u dis stupid?

2 Likes

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Ijebusomaada: 4:15pm On Oct 10, 2017
Investment opp
https://www.nairaland.com/4095620/multi-trillion-dollar-company-holds
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by valentineuwakwe(m): 4:17pm On Oct 10, 2017
u did not fix internet.the main issue here is getting funds. .
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by durasome(m): 4:21pm On Oct 10, 2017
will they hear? instead they will queue up for a job of 30k per month can even kill and become slaves for politicians for job as low as 30k monthly instead of starting something for themselves. another thing that won't allow them is pride,how can I so so and so stand and sell used fones,recharge card,second hand clothes.

2 Likes

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Michaelpresh(m): 4:23pm On Oct 10, 2017
Loving this...
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Redman44(m): 4:23pm On Oct 10, 2017
If you are not disciplined with money and time, you can't run any of the Businesses listed by the OP successfully. A lot of people are already running many of the businesses mentioned but a good number of them are not really successful entrepreneurs. You can't be running a business and spending profits made on bills, transport fare etc. How many people actually reinvest profits and money made into the business? so there is the need to be disciplined and have a good business plan.

5 Likes

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Nobody: 4:23pm On Oct 10, 2017
with that 50k.
at least 3 months of learning.
a computer.
internet.

one can earn big in forex.

just that youth are finding cheap and quick money.

3 Likes

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Fantes(m): 4:25pm On Oct 10, 2017
17 okrika

1 Like

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by edoman2016: 4:26pm On Oct 10, 2017
Nice thread. I am sure some serious unemployed graduates will pick up one or two lessons from this thread and start something. There is no job in Nigeria. The earlier Nigerian youth realize it, the better.

1 Like

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Michaelpresh(m): 4:27pm On Oct 10, 2017
Thanks
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Nobody: 4:28pm On Oct 10, 2017
You are great writer,this is the simple information some people including me have been looking for,May Gos bless you real good
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Nobody: 4:30pm On Oct 10, 2017
MadCow1:


At what cost?

No mind that guy..He is saying N35,000
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by soath(m): 4:34pm On Oct 10, 2017
Nice and relatable business concepts.

Unlike some ideas certain Nlanders be posting and you ask yourself, where do I even start from?
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by ak22(m): 4:41pm On Oct 10, 2017
maxiuc:
How do I start the Mini importing

Anyone with an idea should help me out

Ur contact ?
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Redman44(m): 4:46pm On Oct 10, 2017
One thing People need to realize is that there is a difference between Running a Business to take care of immediate needs, and Running a Business to make profit and grow into a larger company. Ideally, if you have not expanded your business two years after starting out, then you are just running your business to take care of yourself and family. You should have employed 2-3 people after two years in Business. And it is not about the economy. It is more about your target market and innovation in your Business. Cheers.

5 Likes

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by taiedo1: 4:47pm On Oct 10, 2017
Am interested also

Ur contact ?[/quote]
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Deo1986(m): 4:50pm On Oct 10, 2017
ShitHead:
I don read all the bullshiits you wrote. You should be arrested for Stupidity and Frustration. N50k in Nigeria? I go use am fork ashawo.
Shithead.
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Harrynight(m): 4:52pm On Oct 10, 2017
in Lagos getting space alone that 50k probably isnt enough

in other state low population rate will frustate the progress of business of only 50k or less

1 Like

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Deo1986(m): 4:53pm On Oct 10, 2017
wonlasewonimi:
You don need any capital to start ashewo business.
PROSTITUTE.
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Nobody: 4:55pm On Oct 10, 2017
MadCow1:
Recharge card business? That wan no certain failure. Less than 25% of suscribers still buy paper cards and that number keep going down daily all thanks to this new shortcode system of purchasing cards straight from your bank account.

Shawarma business for 50k is yet another lie. Between the grill and the press, you have already burnt 50k and you are yet to purchase the generator that can power both machines which require alot of power being hot machines.

500 Naira for a used Samsung Galaxy S5 is a fat lie. . Nuff said.

Ice Block business for 50k? You realise that an iPassMyNeighbour generator alone is 25kplus and that can't carry most deep freezers.. What about the freezers?



Nice ideas but your costing is way off the mark and out of touch with the realities on ground.

you know most of these guys being pushed to the front page are small pikins. another day another daft thread

1 Like

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by bigiyaro(m): 4:56pm On Oct 10, 2017
ShitHead:
I don read all the bullshiits you wrote. You should be arrested for Stupidity and Frustration. N50k in Nigeria? I go use am fork ashawo.
ur moniker is real

1 Like

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by Deo1986(m): 4:58pm On Oct 10, 2017
i like the second hand phone business anyway, but my area thief too much.
Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by MadCow1: 5:05pm On Oct 10, 2017
nurshah:




In life when you pick faults,its good to profer solutions ..thousands will definitely read this due to high ride in entrepreneurship...: no jobs .economy is mostly build by private sector any way.

Now you have killed the spirit of many who had hope by reading this,I there fore hope you would give suggestions on businesses that one can do with 50,k


Thank you

Lol... Sorry but I didn't pick faults, I simply pointed out how out of touch his prices were. Apart from the recharge card business, I didn't shoot down any other idea I simply pointed out it would cost more than 50k to start some of those businesses he listed.

If my post killed the persons spirit then they shouldn't be venturing into business cos the realities on ground are harsher. It would be worse for someone to grab 50k, enter the market to start the ice block business and end up not being able to purchase a good deep freezer. It would be worse for someone to invest 50k in recharge cards only to sit with them for months because everybody is now recharging with *737*amount# straight from their banks..

I know where you were trying to go with your post but sorry that was not my intention.

1 Like

Re: 16 Businesses To Start In Nigeria With N50,000 Or Less by bigiyaro(m): 5:06pm On Oct 10, 2017
lilfreezy:
Nice writeup. But when I look around me and I see graduates doing these petty businesses to survive, i just weep for my country.

When is it ever going to get better cry
don't weep pls, becos one went tru uni does not mean d world owns him a job or a means livelihood. use ur head well n u'll b fine.

4 Likes

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