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Which Business Can I Start Up With 3 Million Naira? - Investment - Nairaland

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Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 4:50pm On May 07, 2020
I opened this account for this purpose.
I have a lucrative business I'm currently doing.
Initially, I wanted to use the 3million naira to start
up my building project, but I suspended it. Because I need another source of revenue.
Which lucrative business can I invest 3 million naira into?

1 Like

Re: Which Business Can I Start Up With 3 Million Naira? by MANNABBQGRILLS: 4:56pm On May 07, 2020
Right now, Face masks, Hand sanitizers etc will be a good choice.

And we can talk more about other businesses after the LOCKDOWN.

Good luck!

3 Likes 3 Shares

Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 4:58pm On May 07, 2020
Patiently waiting for responses and suggestions. God bless you all
Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 4:59pm On May 07, 2020
post=89293513:
Right now, Face masks, Hand sanitizers etc will be a good choice.

And we can talk more about other businesses after the LOCKDOWN.

Good luck!
Thank you.
But, I'm seeing beyond Covid 19.
I can't do such business. I don't have passion for it.Thanks

5 Likes 1 Share

Re: Which Business Can I Start Up With 3 Million Naira? by MANNABBQGRILLS: 5:01pm On May 07, 2020
InvestmentMood:

Thank you.
But, I'm seeing beyond Covid 19.
I cannot do such business. Thanks
Alright, as our first post mentioned, if you are talking about other businesses,
we can give advice after the pandemic.
Goodluck to you and be careful about anyone here asking you to contact them private infos.
Scammers abound.
Goodluck once more.

3 Likes 2 Shares

Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 5:08pm On May 07, 2020
post=89293700:

Alright, as our first post mentioned, if you are talking about other businesses,
we can give advice after the pandemic.
Goodluck to you and be careful about anyone here asking you to contact them private infos.
Scammers abound.
Goodluck once more.
Thanks brother for your concern.
But I know I cannot be defrauded.
I nor be small pikin oooo
Re: Which Business Can I Start Up With 3 Million Naira? by RedPhoenix: 5:15pm On May 07, 2020
InvestmentMood:

Thanks brother for your concern.
But I know I cannot be defrauded.
I nor be small pikin oooo


The
Re: Which Business Can I Start Up With 3 Million Naira? by Beedude(m): 5:21pm On May 07, 2020
InvestmentMood:
Thanks brother for your concern. But I know I cannot be defrauded. I nor be small pikin oooo
Just heed to his advice. We know u aren't a small pikin But we can all be defrauded.

4 Likes

Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 5:33pm On May 07, 2020
Beedude:

Just heed to his advice.
We know u aren't a small pikin
But we can all be defrauded.
I needed suggestions
Re: Which Business Can I Start Up With 3 Million Naira? by RedPhoenix: 5:34pm On May 07, 2020
InvestmentMood:

I needed suggestions


K
Re: Which Business Can I Start Up With 3 Million Naira? by Wisdomwise18: 7:51pm On May 07, 2020
Y not give a hint on your previous business and the possible sector you are looking at invest the 3m, cause I have something on agro, finance, printing and creative, and ict
Re: Which Business Can I Start Up With 3 Million Naira? by GoldenAfro: 8:22pm On May 07, 2020
InvestmentMood:
I opened this account for this purpose.
I have a lucrative business I'm currently doing.
Initially, I wanted to use the 3million naira to start
up my building project, but I suspended it. Because I need another source of revenue.
Which lucrative business can I invest 3 million naira into?

You can invest in local rice production and distribution. Rice is an essential commodity in Nigeria; consume by both the rich and the poor, young and old; everyhome consume it at least once in a day.

Warm regards

2 Likes 1 Share

Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 2:16am On May 08, 2020
Wisdomwise18:
Y not give a hint on your previous business and the possible sector you are looking at invest the 3m, cause I have something on agro, fijnance, printing and creative, and ict
I'm not stopping my current business. By His grace, my current business is lucrative. I need suggestions on other lines of businesses. Something that I can easily supervise
Re: Which Business Can I Start Up With 3 Million Naira? by Wickedfact: 2:44am On May 08, 2020
InvestmentMood:

Thanks brother for your concern.
But I know I cannot be defrauded.
I nor be small pikin oooo

Gen. Abba Kyari was defrauded of 500M. Gen. Ishaya Bamaiyi was defrauded by a fellow prisoner.
No one is infallible.
Re: Which Business Can I Start Up With 3 Million Naira? by Nobody: 9:58am On May 08, 2020
InvestmentMood:

I'm not stopping my current business. By His grace, my current business is lucrative. I need suggestions on other lines of businesses. Something that I can easily supervise
How much will u pay for the business knowledge
Re: Which Business Can I Start Up With 3 Million Naira? by waleyp(m): 10:00am On May 08, 2020
do farming
Re: Which Business Can I Start Up With 3 Million Naira? by Wisdomwise18: 2:26pm On May 08, 2020
InvestmentMood:

I'm not stopping my current business. By His grace, my current business is lucrative. I need suggestions on other lines of businesses. Something that I can easily supervise

So I will advice you go into farming, Maize, Cucumber or Cassava!!! I can guide you in any of these.

Secondly,,, tech wise, you can open a mini digital centre I.e Camera Rentage, Digital Printing & Computer Services, Sales of Computer Accessories, etc.
I also have knowledge of these area!!;

But you can make your research regarding them!

Or a betting shop!!!

1 Like

Re: Which Business Can I Start Up With 3 Million Naira? by Chiglobal: 3:24pm On May 08, 2020
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Re: Which Business Can I Start Up With 3 Million Naira? by alexmbk777: 1:40pm On May 12, 2020
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Re: Which Business Can I Start Up With 3 Million Naira? by Sociology555(m): 6:56pm On May 12, 2020
Pls someone with ideas should help me.
I intend to establish building materials business with 5m, but the issues now is that I want to know which aspect of the business is more lucrative
Re: Which Business Can I Start Up With 3 Million Naira? by Wickedtruths: 3:05am On May 13, 2020
Sociology555:
Pls someone with ideas should help me.
I intend to establish building materials business with 5m, but the issues now is that I want to know which aspect of the business is more lucrative

Don't ever put your money in any business you have no idea of. You don't know about building materials business and you want to throw 5M inside? Okay o.

1 Like

Re: Which Business Can I Start Up With 3 Million Naira? by Sociology555(m): 8:35am On May 13, 2020
Wickedtruths:


Don't ever put your money in any business you have no idea of. You don't know about building materials business and you want to throw 5M inside? Okay o.
Sorry I didn't say earlier,
Am currently learning it for two years
We deals with paints only
So I want to know about the other building materials.
I intend to join paints and with other building materials.
Now my point is that which other building materials is lucrative
Re: Which Business Can I Start Up With 3 Million Naira? by SocialJustice: 6:51pm On May 13, 2020
InvestmentMood:
I opened this account for this purpose.
I have a lucrative business I'm currently doing.
Initially, I wanted to use the 3million naira to start
up my building project, but I suspended it. Because I need another source of revenue.
Which lucrative business can I invest 3 million naira into?
Start a finance house like LAPO. If your current business has an office, start from there. You can be a finance house where people borrow money using guarantor or collateral.

Bulk foodstuff sale, go to your local market to conduct research on what sells fast. Yam, beans, garri, crayfish etc.

Bread wholesale, you can buy bus N1m and use the rest as working capital.

Wholesale distribution of cigarettes. Pick up any packet of Benson and Hedges, call their customer care and tell them you want to be a wholesale distributor.

Finally, you can rent a self compound and turn it into a guest house.

Goodluck

1 Like 1 Share

Re: Which Business Can I Start Up With 3 Million Naira? by UndauntedYOCA(f): 7:05pm On May 13, 2020
Agriculture?
Cocoa, palm kernel, bene seed, Shea butter tree, plantain, trees?
Re: Which Business Can I Start Up With 3 Million Naira? by TheTraveler: 11:44pm On May 13, 2020
But OP, what kind of business are you currently into? Someone of us would like to know too. Thanks
Re: Which Business Can I Start Up With 3 Million Naira? by theenchanter: 11:48pm On May 13, 2020
InvestmentMood:

I'm not stopping my current business. By His grace, my current business is lucrative. I need suggestions on other lines of businesses. Something that I can easily supervise
since ur current biz is lucrative, why not think of expanding it rather than give urself unnecessary headache over a new line of biz?
Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 3:09am On May 14, 2020
theenchanter:
since ur current biz is lucrative, why not think of expanding it rather than give urself unnecessary headache over a new line of biz?
The business has grown to an enviable state, well funded. Adding more money will amount to waste of resources. Hence, I need to diversify
Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 3:13am On May 14, 2020
theenchanter:
since ur current biz is lucrative, why not think of expanding it rather than give urself unnecessary hdeadache over a new line of biz?
Ur point is just like telling Dangote to stop building his refinery and Concentrate on His Cement Business. Though, I nor be Dangote ooooo. Most successful men don't just do One Business. U may know them with one work, but they have other businesses
Re: Which Business Can I Start Up With 3 Million Naira? by InvestmentMood: 3:21am On May 14, 2020
RedPhoenix:



They won't give counsels but will keep saying beware of scammers like they care about such people. Rather are through reverse psychology only creating a wedge between people who have sound ideas and people who could fund them to form partnerships. Like a person who made his money would be stupid to not discern fraud or fake ideas. Smh. The generation of hatred for one another.


What's my concern. Expect to see many of such nonsense flood your thread



My own take is just be open minded


Best of luck
Don't mind them brother.
God bless you dearly!
Re: Which Business Can I Start Up With 3 Million Naira? by myke92(m): 4:57am On May 14, 2020
Bro...be patient, allow this pandemic to pass, so you don't probably end up starting a unsustainable business.

But if you're hell bent on still starting something, then, Agriculture is the way.

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