goldedprince:
post like this make me believe that the poverty in naija is real. dude if only u had a good focus, i for support you with a reasonable amount to take start biz. but this one wey u no even know which biz to start, i think its best to let you decide first

bros come and support my ministry.. Hv a running biz already

If u r not selective and lazy use that money to buy 2 gallons of palm oil, 2 gallons of ororo, put them in smaller containers 75cl,1.5cl,2. 5litres and 5 litres.. Sell them within ur neighborhood.
Palm oil currently price per keg is 13k
U get 36 75cl bottles in a gallon and u sell each 75cl at #400 note current market price is #450 but to gain customers u reduce ur price and not forgetting u won't be paying for shop.

Habisoye:
Come and start buying vegetable oil (ORORO) from my wife @oyingbo and you will be reselling them in retail prices i.e buy 4pcs of 25ltrs and break them into 5ltrs, 3ltrs, 1ltr and 2.5ltrs each to resell.

Me, am an Accountant, I can help do the financial analysis if u don't mind for u to determine the amount of profit possible to be realized.

PM me if you are ready.

How much does ur wife sells drum of ororo? I currently buys from daleko... Let me compare with ur price

deafeyez:


I do appreciate your thoughts and contribution to what the OP wrote. However, i don't think the OP condemned salary earners entire, however, there are those who doesn't need to go into business if you earn 500k per month.
However, because of lack of jobs, business come into play. I personally, am looking for a business to invest because with my current salary, i am not growing and cannot raise a family with it.
The important thing is to take the lesson from the OP's post and work on it so as not to fall as the OP.
I totally agree with you that not all should venture into business. I tried operating MerryBet but it did not go down well and the business couldn't stand. I am still studying what led to that and possibly amend things.
Pls encourage people to invest and also, learn a skill.

Well said.. Work pass work, some salary earners earns above 200k per month but out of 100% maybe only 20% earns at that region, the average salary of a Nigerian graduate starts from 30-50k per month. My last place of work i earn 40k, after tax and pension has been deducted i go home with 36k, Spend #500 on transportation mon-sat and i Wil eat pay house rent and other utility bills. My write up never condemned any salary earners few of us were lucky to hv a juicy job and everyone of us can't be an entrepreneur but at the same time if u hv a well paying job today it doesn't stops u investing or has another source of income.

emilex1000:
Hello oga don, i greet u, pls i have original and quality olein but lack buyers, can u pls link me up. 08099875965

whr is ur location?

For supply of fresh quality palm oil call or watsap TUBLEZ AGRO-ALLIED on 08121680787

Well said.. I won't mind having a partner in my palm oil and vegetable oil business now.

New week, new correct palm oil

Willss:
LG home theater for sale at N18,000
Location: Ajah
Contact me on 0706 343 1771

12k

For supply of fresh quality palm oil.. Call or watsap , 08121680787

08121680787 TUBLEZ AGRO-ALLIED

Maafiaalady:
Please I need palm oil to be supplied to me, good oil at a good price. I am at satellite town area of Lagos...

I can supply you good quality palm oil within lagos.. Watsap 08121680787

Getting notifications for pms in my mail but don't really know how the pm thingin works. I prefer direct mail instead. Boyinbosun@yahoo.com

Tscholar:
https://www.nairaland.com/3549446/palm-oil-biz..investpartner-consult

What happens to this women,have u completed her balance of 20k plus interest.

hvnt bro, but surely i Wil

nicerichard05:



How can i contact you asap. tnx

check my signature

great664:


Reply my mail

didn't get any mail... U can send to boyinbosun@yahoo.com

Chukazu:


HI!
Sent you a PM.

didn't get it.. U can check my signature for my contact

nicerichard05:



How can i contact you asap. tnx

watsap 08121680787

dejik2m:
Definitely, the lessons learnt will make you better. Im interested in the palm oil biz. Kindly send a means of getting in touch with you. Thanks.

My watsap no is 08121680787

cybeks:
pls I need your advice on the plantain business

My advice for u is to run, infact i won't advice u to put ur money on perishables

concho:
you get mind o......you are quitn ur job for d palm oil biz?

Tough people takes tough decisions Bro, as i hv always believes that salary is a bribe u take to forget about ur dreams and besides it's not a well paying job

sconp:

He lost 70% to plantain and 30% capital to the friend he did biz with

yes,and after that i lost the loan i took from microfinance bank to palm oil 100% of it

..

.....

Amen

Lessons learnt
1.Don't take loan to start a new business, u can only take loan to expand an existing business
2.U can start with the little u have
3.Focus on one business first before diverting ur capital
4.Go for quality

Few years back after graduation and job not forthcoming, tho i was doing some menial jobs to cater for my basic needs and on d long run i was able to save only 50k and then i started browsing d Internet to know what i can do with my 50k so palm oil business really caught my attention and i decided to give it a trial as at then oil was 4k from d farm so with my 5k I started with 8-10 kegs of palm oil. Within few months into the business i was already having demands above my initial 10 kegs due to my aggressive marketing within my neighborhood and beyond but no where to get more funds to buy more kegs of oil on a weekly basis so i decided to look for investors here on nairaland, many people contacted and fortunately a lady invested little amount of money after we hv signed the MOU wit my lawyer i was so happy that my supplying power will jump from 10 kegs to 20 because i already hv d market but reverse was the case as an idea came from a colleague in d oil business that we should try our hands on plantain supply, we did some research at idi oro mkt and all was set as the profit margin was far far better than palm oil and it's a one off business just supply and make ur money instantly. So we decided to put our resources together to buy full load of plantain, we left lagos for idanre ondo state at about 12am to arrive at the market 5am we bought plantain and brought them to idi oro lagos to sell off but unfortunately we can't even explain how those OLO OBE sell them and we sold at a total loss loosing 70% of my capital and the remaining 30% got stuck with my colleague because i trusted him with the money but unfortunately he disappointed me and that was how i lost both my personal capital and the one my investor just paid without even trading with her investment at all.

Where do i start from again? i need to pay my house rent, eat, pay my bills and as well pay ROI to my investor ooooops the biggest fear and threat of my life sets in, i took another bold step to apply for a loan at a microfinance bank within 2 weeks the loan was disbursed this was supposed to give me a relief but on the long run it adds to my pains as i have to pay back the loan every month and as well pay my investor her ROI, the border was just too much hardly can i feed myself but i keep balancing the situation until few months later when i lost my dear mother i had to travel down to our village for the burial and everything and i spent one whole month at this time all business was pending i came back took money from the little capital to pay bank and ROI which now reduces my running capital again i was not too border so quickly i decided to order for oil from one of woman like that she has since disappears from Nairaland. My aim was to quickly buy and cover up for the lost month because i was still mourning my mum and i don't want to travel but believe me all the oil she sent to me was very bad smelling like a pit nobody can even buy them from me, another total loss with bank loan 3 months left and my investors ROI still over six months left of which she Wil also calls from her capital at the expiration of our contract. I went straight to my shelve bring out my certificate and resume job hunting with God on my side i got a job with a poor salary within 2 months of my search i thank God i got the job at that point because it was the job that helps me to pay up my bank loan and paid up to 80% of my investors ROI and her capital.

So I decided to work for more months then i resigned with few capital to start up all over again because i sure knows what palm oil business can bring to the table if properly managed compared to my salary job. All in all i thank God for everything.

TUBLEZ:
Almost new LG DVD player for sale.. Location is Shomolu Lagos.. Price is 5K call or watsap to he d lucky buyer 08121680787

still available

Top notch palm oil call or whatsapp 08121680787