emmanuelewumi:


500k profit or revenue. Anything from N5 million to N10 million, but you will hustle ooo.

If you need passive income you will need about N50 million and above

ositadima1:


He plenty nah, businesses way dey give 1 to 2% monthly on invested money.

Note that u need atleast 100/2 x 500k as capital. So, my question is do u have 25 mil to invest?

Pee2Jay9:


I'm ok with the hustle part.. I'm ready for it.. I've been thinking of palm oil production but I really don't have the idea of ratio of investment to profit margin.. Kindly educate me if you can or advice on any other business I can set up. Thanks

Donbrig:
After retirement, health is always one of the biggest issues that could ruin your finance if you don't have a good financial stand, not just food or other social activities.

Pray not to have a health situation when your local doctor will refer you to India or one of those expensive hospitals in Nigeria for a treatment that could cost you millions.

If you can, try to always increase the monthly earnings for your retirement goals, no amount is too big to earn after retirement, especially when you have invested enough money. I only feel and pity those poor civil servants who don't have too many options.

SeaTrade:
You couldn't have said it any better.
With trading,almost immediately you turn millionaire,but you see billionaire?You no go smell am.
Even upon all the corners weh guys dey cut,no way!!
Except maybe you enter distributorship for one better company weh their product dey move market and you build it overtime.
But where you want see am?guys don full those companies already and they wont sell to you,even if they do you will struggle in the market with existing giants.
Unless you take the risk now and enter one new company weh their face never show and build with them,but then na huge risk?
What if e no sell?your capital don enter gutter be that and you return to poverty.
So you fear and stick to trading.
Even in corporate world,the same thing.
It's not easy anywhere,except you are an inventor these days or you dey continue some grand business dynasty.
Generational wealth kor!

ahiboilandgas:
me want try fertilizer (dangote) I pray i survive the bloody red ocean...

SeaTrade:
Bros go for am,if you apply basic business laws you will succeed.
That thing has demand especially in your place (north ) because they farm a lot for a living.
And you have trucks to use and haul product so that might make you cheaper than others that will hire truck instead.
Then don't ho to major towns,rather be the champion in the villages because all those alhadjis and their plenty money in northern towns no go let you breathe,let alone sell
Better to be a village champion than a nonentitiy in the city.

SeaTrade:
Bros go for am,if you apply basic business laws you will succeed.
That thing has demand especially in your place (north ) because they farm a lot for a living.
And you have trucks to use and haul product so that might make you cheaper than others that will hire truck instead.
Then don't ho to major towns,rather be the champion in the villages because all those alhadjis and their plenty money in northern towns no go let you breathe,let alone sell
Better to be a village champion than a nonentitiy in the city.

Nnamz:

Hey everyone he's a scammer who regularly emails people asking for a loan. Watch out for this guy. See attached the email he sent me, and he's sent such emails to other people

Lazyyouth4u:


You are assuming that those farmers for north no dey use fertilizer before Dangote come. The north is where Notore and Indorama make most of their domestic sales. Some of the governments dey even buy and distribute to their farmers or subsidize for them and all the current supply comes from Notore and Indorama. Ask any northern farmer if dem want buy fertilizer and they will ask you ‘wetin be fertilizer? Oh you mean Notore?’ . That’s how strong the Notore brand is over there.

The farmers there are very loyal to Notore and now Indorama brands but Dangote get the name sha...

ojesymsym:
The way una de call money, e go come be like say non be this country I follow de.

In my own estimation, the number of workers who have 1 million naira liquidity saved somewhere in their account as they are retiring are not up to 1 million workers.

Most small towns and villages don't need millions to survive. Places where you are able to get 3 bedroom flat for 130 - 150k non need you to be millionaire.

Health is the humbler though. Some terminal illnesses have no respect the individual

Grupo:


In which town can you rent a LIVEABLE 3 bedroom flat for 150k?

Grupo:


In which town can you rent a LIVEABLE 3 bedroom flat for 150k?

keeper303:


Oshoģbo

Pee2Jay9:


Yup.. Uk-Dion currently pays that 500k monthly for 35M investment, so I'm thinking I should be able to earn more if I use the funds myself.. I'm tired of investing, I want to set up something that I can see.. These firms may be regulated but what happens when the CEO is no more? Pls share business establishment ideas if you can.

Exumal:


pharmaceuticals and supermarket is the blood money. Think of making 200℅ of your capital under 6 months. You can DM me for consultancy. Na only facts, guildlines and feasibility studies I go give oh. You will invest it yourselves.

ahiboilandgas:
super markets ke ? Are u a practitioner ? Or u talking of whole sale distributors cos super market margin are very small .competitive stiff and ever where

ahiboilandgas:
super markets ke ? Are u a practitioner ? Or u talking of whole sale distributors cos super market margin are very small .competitive stiff and ever where

LordAdam16:


Once upon a time, I may have been tempted to respond to all your mentions of me on however number of threads you cared to copy-paste at. But for the life of me, I can't tell what good that'd do.

You clearly are on a self-righteous, guardian of the galaxy crusade. When you believe a private loan request is so horrifying and unconscionable, there's obviously nothing I can say or do that'd stop you on your tracks. So, godspeed!

Since he has brought it here: If you're reading this, you have disposable cash, and can afford to extend a loan for one month, please hit me up. If you have concerns, I'll do my best to assuage them. If for any reason you can't, kindly ignore.

I understand many, if not most, are firmly in the get from friends/family/'every other source but me' camp. If that's one of your financial principles, I totally respect it and I wish you the best. My one word response to that is "circumstances."

However, if you can help, please do.

Warm regards to everyone. Sorry for derailing the thread.

-Lord

Exumal:


That's why I said pharmaceuticals and supermarket. In most pharmacies, 90% profits comes from drugs while less than 10% comes from supermarket. There are some secrets behind why business owners marry the two together.

ahiboilandgas:
super markets ke ? Are u a practitioner ? Or u talking of whole sale distributors cos super market margin are very small .competitive stiff and ever where

rationalmind:


Could be dependent on location because the rate at which these supermarkets are springing up in PHC, its hard to believe the margin is small.

Along Ada George, a 6km stretch of road, there are over 20 supermarkets on both sides of the road. That's a supermarket every 300m.

ojesymsym:
The way una de call money, e go come be like say non be this country I follow de.

In my own estimation, the number of workers who have 1 million naira liquidity saved somewhere in their account as they are retiring are not up to 1 million workers.

Most small towns and villages don't need millions to survive. Places where you are able to get 3 bedroom flat for 130 - 150k non need you to be millionaire.

Health is the humbler though. Some terminal illnesses have no respect the individual

ositadima1:


Him try nah, what of this guy?

LAS VEGAS -- A British man who sold all his possessions, including his clothes, stood in a rented tuxedo Sunday surrounded by family and friends and bet everything on a single spin of the roulette wheel.

He won't go home empty handed.

Ashley Revell, a 32-year-old Londoner, sold all his possessions in March, took $135,300 to the Plaza Hotel in Las Vegas, did some low-stakes gambling and then placed everything he had left on "red."

The wheel was spun, a crowd of supporters including his Mum and Dad from London went wild, the ball bobbled over the slots and landed on Red 7 -- and Revell walked away with $270,600.


Me sef bet 300k (Naira o, I never see dollar before o) on 2 odd game some years back, I won!

rationalmind:


Could be dependent on location because the rate at which these supermarkets are springing up in PHC, its hard to believe the margin is small.

Along Ada George, a 6km stretch of road, there are over 20 supermarkets on both sides of the road. That's a supermarket every 300m.

rationalmind:


Could be dependent on location because the rate at which these supermarkets are springing up in PHC, its hard to believe the margin is small.

Along Ada George, a 6km stretch of road, there are over 20 supermarkets on both sides of the road. That's a supermarket every 300m.

Lazyyouth4u:


In other words, common man wey no go get plenty money for retirement must stop junk food, ciga and Shayo and codeine and Tramadol extra immediately in order to avoid unnecessary health issues and keep him retirement budget as low as possible in old age

emmanuelewumi:


Theit children will bail them out

SeaTrade:
lol yes,if funds no too dey.
But if bread dey as e dey,drink as you like and drink good stuff,not cheap shit and take plenty water and fruits too.
If you fall sick for old age,funds to treat am suppose dey
I no dey play with my highness as you see me so

SeaTrade:
Nobody will tell you and give you a workable business that will yield you profits.
Because of they do they've created competition for themselves in their business already.
These are things you've got to figure out yourself and take the risk.
It's funny how some of you come to places where people that are running from real sectors of the economy and ask about how to do real business .
As for your palm oil thing,I think you should talk to this guy,he might help you.
Cc emmaodet.