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Choose Between 2m And 150k - Business - Nairaland

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Choose Between 2m And 150k by oderinde151(m): 9:18pm On Aug 09, 2020
Good evening guys,

If you were to choose between 2m to start a business and a job of 150k monthly which one would you go for and why?
Re: Choose Between 2m And 150k by MajesticKris: 9:22pm On Aug 09, 2020
150k monthly... So long it's a long term job
Re: Choose Between 2m And 150k by Chrisemeka1(m): 9:38pm On Aug 09, 2020
oderinde151:
Good evening guys,

If you were to choose between 2m to start a business and a job of 150k monthly which one would you go for and why?
This description can not be used to judge significantly. You might be given 2m and you don't have any profitable business in mind to start with or that condition now can not favor the entrepreneur mindset. On the other hand, You can be receiving 150k in account but performing Job meant for 500k in workplace. You come back from work but there is no motivation for tomorrow's Journey.

Nevertheless, I will consider the 2M, there are ideas it can propel.
Re: Choose Between 2m And 150k by Jamahyel(m): 9:43pm On Aug 09, 2020
Collect 2m
Re: Choose Between 2m And 150k by Nobody: 9:54pm On Aug 09, 2020
2m, to start a business.

if I choose 150k monthly, allot of factors should be considered like;

1. job might be short term
2. saving might takes up to two years to add up the 2m(considering expenses like transport, feeding and miscellaneous).
3. untimely resignation/sack(some situations might arise where you will be left to do nothing other than resigning from the job like if the organization seems to be closing down or you fall ill for a long period of time, the organization might decide to make you resign.
4. if it is a government job, pay is not guaranteed, the government would be owing you salaries for sometimes, then your savings suffer.


2m to start business has its own issues but with proper mentorship,skills and right decision one would start cruising in cash after five to seven months of business..
Re: Choose Between 2m And 150k by samwash(m): 10:12pm On Aug 09, 2020
It's 50/50
You may take a job of 150k/ month, u can't even save 50k for one yr, and the worst is a job you don't have passtion for, na depression be ur case.
U may start a business with 2m, due to unfavourable conditions the business may crumble.
But in all things been equal & everything fall into place I will take 2m over 150k job.
It all depends on how productive the individual is.
Re: Choose Between 2m And 150k by frank417: 11:15pm On Aug 09, 2020
First ask yourself if the 2m investment can yield 150k profit per month. If it can’t, jejely go for the 150k job.
Re: Choose Between 2m And 150k by Observer11: 8:07am On Aug 10, 2020
frank417:
First ask yourself if the 2m investment can yield 150k profit per month. If it can’t, jejely go for the 150k job.
it doesn't have to yeild 150k month even if it is not up to that amount and it is a good buissnesss stick to it....to me some jobs are death traps so think twice
Re: Choose Between 2m And 150k by IRIENBOY(m): 8:44am On Aug 10, 2020
Good morning guys.

Re: Choose Between 2m And 150k by RealEzee(m): 7:02pm On Aug 10, 2020
I'll go for the 2m, tho right I don't need 2m to start a biz, give me 450k and I'll flip it, pay back in 8 months with a lil interest, gbam, I'm out.
grin
Las Las we go all dey aiit

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