₦airaland Forum

BabaIbo:
I graduated few years ago. I searched for job but I couldn't get one so I accepted a teaching job that pays 30k jus to keep myself busy whole working and praying toward a better one.

I have been able to raise 150k from my one year salary.

Now I'm above 30, thoughts and worries has been running through my mind recently.

Actually I have a plan of raising enough capital to start a viable business but as you can see from my present salary, it will take time to make enough saving that will be OK for my planned business

Nairalanders please which business can I do or start with 150k to 200k? Please advice a brother

I am impressed by your simplicity.

You have also displayed uncommon patience and tenacity.

May you not lose this money in your quest for business.

I am going to attempt a very sincere response to this request for information.

It will be a three part post.

Pls study it carefully and should it meet your expectations feel free to embark on that mission with the same attributes you exhibited when you started and grew your teaching career.

You guys re really trying but no tangible suggestion to hold on to

Oktane:
I am impressed by your simplicity.

You have also displayed uncommon patience and tenacity.

May you not lose this money in your quest for business.

I am going to attempt a very sincere response to this request for information.

It will be a three part post.

Pls study it carefully and should it meet your expectations feel free to embark on that mission with the same attributes you exhibited when you started and grew your teaching career.

Thank you bro.
I'm following for your reply for the response...

NonFarmPayrol:
Learn how to trade contract for differences onlune


You can make like 5 to 10k daily with a 600usd capital

I can teach you online free

How, please?

NonFarmPayrol:
drop your number will add you to the group for CFD trading

recommended capital is 500usd Plus

training is free and members will trade under supervision, i can only take 10 students fro now

make sure you have an ID

cc teejegs ajsans jagaban002 passionpolitics babaibo collinsonsky

I humbly wish to be a part of this. 08162559467

WalkerMichael:
Send me a dm. I've created a mini WhatsApp group where I would be taking nairalanders. The training should kick off tonight.

Hello sir, can't send D.Ms don't know why. plsss can u add me up. 08162559467

NonFarmPayrol:
drop your number will add you to the group for CFD trading

recommended capital is 500usd Plus

training is free and members will trade under supervision, i can only take 10 students fro now

make sure you have an ID

cc teejegs ajsans jagaban002 passionpolitics babaibo collinsonsky

hello sir, how can be a part of this

NonFarmPayrol:
Check my recent posts

am interested boss... 070...53813254...whatsapp.

08057893061

NonFarmPayrol:
drop your number will add you to the group for CFD trading

recommended capital is 500usd Plus

training is free and members will trade under supervision, i can only take 10 students fro now

make sure you have an ID

cc teejegs ajsans jagaban002 passionpolitics babaibo collinsonsky

NonFarmPayrol:
drop your number will add you to the group for CFD trading

recommended capital is 500usd Plus

training is free and members will trade under supervision, i can only take 10 students fro now

make sure you have an ID

cc teejegs ajsans jagaban002 passionpolitics babaibo collinsonsky

07063458364

Mkmoney:
You guys re really trying but no tangible suggestion to hold on to

Empty your mind of presumption.

You have already fixed an expected outcome in your mind. Any suggestion/recommendation that is made which does not fit your subliminally established framework will not work.

Several ideas have been placed here (and some of them really wonderful) but you and some others cannot see it because of the aforementioned reason.

Nairaland is replete with great ideas that are practical and realistic. Some of them sound simplistic bit I can assure you they work very well. Some of the proffered ideas sound ludicrous and perhaps ridiculous but I have seen may Nairalanders who have great stories to tell.

Many people who scoff at some of these ideas have no practical experience thus understanding of the dynamics of business in the real world.

The OP has worked very hard to save this amount. He does not need experiments. He needs sound and proven ideas that will enable him build on what capital he has already. At this rather embryonic stage of his business life, he must avoid fantastic ideas and high yield (read high risk) opportunities no matter how attractive it is.

NonFarmPayrol:
drop your number will add you to the group for CFD trading

recommended capital is 500usd Plus

training is free and members will trade under supervision, i can only take 10 students fro now

make sure you have an ID

cc teejegs ajsans jagaban002 passionpolitics babaibo collinsonsky

I'm interested bro
08149502340

BabaIbo:
I graduated few years ago. I searched for job but I couldn't get one so I accepted a teaching job that pays 30k jus to keep myself busy whole working and praying toward a better one.

I have been able to raise 150k from my one year salary.

Now I'm above 30, thoughts and worries has been running through my mind recently.

Actually I have a plan of raising enough capital to start a viable business but as you can see from my present salary, it will take time to make enough saving that will be OK for my planned business

Nairalanders please which business can I do or start with 150k to 200k? Please advice a brother

Can I have your undivided attention? It will benefit you if I can have this

BabaIbo:
I graduated few years ago. I searched for job but I couldn't get one so I accepted a teaching job that pays 30k jus to keep myself busy whole working and praying toward a better one.

I have been able to raise 150k from my one year salary.

Now I'm above 30, thoughts and worries has been running through my mind recently.

Actually I have a plan of raising enough capital to start a viable business but as you can see from my present salary, it will take time to make enough saving that will be OK for my planned business

Nairalanders please which business can I do or start with 150k to 200k? Please advice a brother

The first thing to do is to look inwards.

Do you have any skills you can monetize? Instead of investing in a business you are not sure of, invest in your personal development. Learn hot-in-demand skills and start doing them as side hustle. When you have made a tangible amount you can focus fully on them and grow your business

You can easily do Mini importation business.
WhatsApp 07032583853

BabaIbo:
Thank you bro.
I'm following for your reply for the response...

This may be quite long but if you can read through it you may just benefit from it one way or the other.

Dear OP (and other interested readers who may be in the same circumstances with the OP) I make the following suggestions.

OP please do not even try a business model that you do not understand. This is the first prong of my advice. In coming to seek advice here, I assume that you have not yet zeroed in in what you really should do. Do not blame yourself too much as it is not entirely your fault. Teaching (and indeed other salary paying opportunities) always does that to people. It has a way of sapping you completely of your ingenuity and also instilling significant fear in you but do not worry.

A lot of people will advise you to follow your passion and upgrade this passion into something viable and profitable. I personally do not think that passion is enough. Yes, passion will ignite your enthusiasm but please understand that it cannot go beyond certain borders. In order to excel in any business you embark on, ensure that you know as much as possible about your preferred business.

I will therefore on the strength of this recommend that you for now retain your job and start a Part time trading business. And why part time you may wish to ask…..This is a very important question. I am suggesting part time for two major reasons;

1. I do not suggest that you leave the job from where you saved your initial capital. I would rather suggest that you consider that whatever business model that will allow you some time to run around to augment your 30k income. Grow the business side by side gradually but steadily.

When the business can earn a monthly profit that is equivalent to your monthly salary you may then commence the disengagement process. Commencing here does not mean immediate resignation. It may just mean increasing your working capital and expanding your reach and of course rejigging your strategy. This should lead you to doubling your profits within 6 months thus setting the tone for resignation into full time business.

2. As simplistic as it may sound, I will advise that you invest in trading. In our current economic reality, the most profitable investment that comes with guaranteed returns is trading especially if you take the time to identify a product that will appeal to the masses.

Several products exist in the FMCG spectrum. If you can start out and stick with packaged edibles within the 50,00 – 100.00 band then you might as well be on the right path. More specifically, I am recommending that you start with a product that is in very high demand for which no one else is distributing in your neighbourhood. The idea is for you to distribute these products either early in the morning before resuming in school or after school hours.

Whatever product you choose must have the following attributes;

a. It must be a high in demand produc that is used/consumed by the greater percentage of the population.

b. Make sure that the product is also what children and women buy.

c. It must be a product that is consumed one-off thus necessitating repeat purchases.

d. It must be a product that the shelf-life is not too long and also not too short.

e. It must be a product that must be easy to convey around for distribution since you do not have a car YET

f. It must also be a product that you can start the sales with 1/3 of your savings. I will explain this further subsequently.

g. The product must also have the capacity to earn you at least 10 percent profit on every cycle of investment. In other words your 50,000.00 investment must give you at least 5,000 per week and nothing less.

h. Finally and this is very laughable but also tested and proven; the product of choice must be something that the Aboki/Mallam Kiosks sell.

Many people have no idea whatsoever of how much opportunity exists in servicing the neigbourhood Aboki kiosks.

Suffice to state here that supplying goods to Aboki is an entire enterprise by itself. If you can grow the number of Aboki clientele to 100 and you service them with goods worth just N1000 per week (and this is a gross underrepresentation) and all you glean from each one is 100.00 that would amount to 10k weekly, 40k monthly and 500k annually.

I have introduced a nairalander to this model and it is working for him like magic. A typical case of hidden treasure.

I hope this helps. Good luck!

Oktane:
I hope this helps. Good luck!

Insightful!
Thank you for sharing your knowledge

kunleweb:
Can I have your undivided attention? It will benefit you if I can have this

Yeah bro, go on

Oktane:
This may be quite long but if you can read through it you may just benefit from it one way or the other.

Dear OP (and other interested readers who may be in the same circumstances with the OP) I make the following suggestions.

OP please do not even try a business model that you do not understand. This is the first prong of my advice. In coming to seek advice here, I assume that you have not yet zeroed in in what you really should do. Do not blame yourself too much as it is not entirely your fault. Teaching (and indeed other salary paying opportunities) always does that to people. It has a way of sapping you completely of your ingenuity and also instilling significant fear in you but do not worry.

A lot of people will advise you to follow your passion and upgrade this passion into something viable and profitable. I personally do not think that passion is enough. Yes, passion will ignite your enthusiasm but please understand that it cannot go beyond certain borders. In order to excel in any business you embark on, ensure that you know as much as possible about your preferred business.

Thanks so much

BabaIbo:
Yeah bro, go on

Let's have a private chat. After we talk you'll find answers. You have my word

Oktane:
I hope this helps. Good luck!

WoW, thank you so much...

I really appreciate, this is very insightful

kunleweb:
Let's have a private chat. After we talk you'll find answers. You have my word

I have sent you a dm

Oktane:
h. Finally and this is very laughable but also tested and proven; the product of choice must be something that the Aboki/Mallam Kiosks sell.

Many people have no idea whatsoever of how much opportunity exists in servicing the neigbourhood Aboki kiosks.

Suffice to state here that supplying goods to Aboki is an entire enterprise by itself. If you can grow the number of Aboki clientele to 100 and you service them with goods worth just N1000 per week (and this is a gross underrepresentation) and all you glean from each one is 100.00 that would amount to 10k weekly, 40k monthly and 500k annually.

I have introduced a nairalander to this model and it is working for him like magic. A typical case of hidden treasure.

Very nice

Oktane:
I will therefore on the strength of this recommend that you for now retain your job and start a Part time trading business. And why part time you may wish to ask…..This is a very important question. I am suggesting part time for two major reasons;

1. I do not suggest that you leave the job from where you saved your initial capital. I would rather suggest that you consider that whatever business model that will allow you some time to run around to augment your 30k income. Grow the business side by side gradually but steadily.

When the business can earn a monthly profit that is equivalent to your monthly salary you may then commence the disengagement process. Commencing here does not mean immediate resignation. It may just mean increasing your working capital and expanding your reach and of course rejigging your strategy. This should lead you to doubling your profits within 6 months thus setting the tone for resignation into full time business.

2. As simplistic as it may sound, I will advise that you invest in trading. In our current economic reality, the most profitable investment that comes with guaranteed returns is trading especially if you take the time to identify a product that will appeal to the masses.

Several products exist in the FMCG spectrum. If you can start out and stick with packaged edibles within the 50,00 – 100.00 band then you might as well be on the right path. More specifically, I am recommending that you start with a product that is in very high demand for which no one else is distributing in your neighbourhood. The idea is for you to distribute these products either early in the morning before resuming in school or after school hours.

Whatever product you choose must have the following attributes;

Good

Oktane:
a. It must be a high in demand produc that is used/consumed by the greater percentage of the population.

b. Make sure that the product is also what children and women buy.

c. It must be a product that is consumed one-off thus necessitating repeat purchases.

d. It must be a product that the shelf-life is not too long and also not too short.

e. It must be a product that must be easy to convey around for distribution since you do not have a car YET

f. It must also be a product that you can start the sales with 1/3 of your savings. I will explain this further subsequently.

g. The product must also have the capacity to earn you at least 10 percent profit on every cycle of investment. In other words your 50,000.00 investment must give you at least 5,000 per week and nothing less.

Thank you

BabaIbo:
Thank you

Learn how to drive three months you're done. After school you can drive and make money as well as maintaining your teaching job

Start a day care centre or after school lesson I recommend after school lesson with focus on maths and English with a target of 100-200Naira daily per student. Then try to grow your student base to 25 students. 25students x 100 Naira daily is 2500 Daily x 20 days per months equals 50,000 per month. If alternatively you collect 50 Naira per day, that's 25,000 Naira per month


Have a lady snacks supplier sell you snacks and drinks like zobo daily and sell around school with biscuits. If you target products that can be sold at 50naira minimum and a daily target of 20sales you can net 1000 naira daily. 25,000 Naira monthly. This is supplementary source of income and can be started with about 25,000Naira

kunleweb:
Learn how to drive three months you're done. After school you can drive and make money as well as maintaining your teaching job

Start a day care centre or after school lesson I recommend after school lesson with focus on maths and English with a target of 100-200Naira daily per student. Then try to grow your student base to 25 students. 25students x 100 Naira daily is 2500 Daily x 20 days per months equals 50,000 Per month. If alternatively you collect 25Naira per month that's 25,000 Naira per month

Thanks bro

BabaIbo:
Thanks bro

Find yourself a printer and print 100flyers not spending more than 5-7k. That you offer home lesson and distribute tonchrches to parents you can do home coaching etc. This is effective to make lots of clientele