₦airaland Forum

yemmit90:
To be honest with you, the current economy did not favour any business, we are all just pushing it for better days. Nothing better than providing services for people to get pay these days. But if you must do business, you can consider one of the following;

1. Go and rent a small store and start selling wholesale drinks and bottle watter.

2. Buy land at fairly good location and sell after a year or 2.

3. If you can do transport busines by yourself, you can get a mini bus.

In all you do, avoid any business that will require electricity or generator, a product that can spoil so easily or always put you at the mercy of buyers.

Thanks and I appreciate

ProjectsCityNG:
Elder support my own current enterprise and I help you build yours

I don't want that idea of that your first proposal, I need where I can go to within 30 minutes and not traveling to meet you, I don't want that.

Imo is so far away,

ProjectsCityNG:
Why not. I can even get you the workers. Setup your systems. Connect you with some marketing outlets I used to supply when I produced last.

How can we proceed?

ProjectsCityNG:
You are wrong. That's why business is scalable. The first rule of business is fo not lose capital. This means if one has 5M, he should not use more than 2M for business so he has excess to keep business afloat till profits start coming in.


I will give him a tip to setup a cottage business that has 4-8 hands doing the labour work and aiming to make at least 50-120k per day. I have set it up for people before so I know.

Let me have an insight about this cottage investment Comrade

Stephench:
The comments here are the reason Africa will never be good. Yoruba and Hausas are rejoicing over human right violation by the military and aberration of rule of law.

This governor is a weakling. It's obvious

Very weakling,
They don't know the Power of a Governor, for my own state, you dey come bomb, none of the Nigeria Army will serve in the State again.

Wish Ibori is a Gov. He won't allow all this to happen, he would have gone there after the killing of the Military Men.

The Governor's House is just for Fun and Birthdays Celebration.

They're always very active when it comes to Birthday Wishes, they don't joke with it.

Is that the problem of Deltans?

Bro, we are not in the Ages.

Fish those people out, do to them what it's been stated in the Martial Court.

But the Government doesn't care about anyone.

That's why in all you do, don't fight Govt and never to put your hope on Govt.

crossfm:
I will advise you go into food storage business.

Mind you don't give anybody your money,you have to learn how to do it,it's not difficult.

Just get a conducive environment and also know the time for buying and selling of these items,I mean harvest and selling season.

You will not regret investing in such business,most especially as you stay in Lagos,the market is there, even if it's in your street alone.

Which agricultural products?
Please explain more let me get you clearly
Will you want us to chat privately?

ProjectsCityNG:
I.e you finance say 1 Million Naira. I agree to repay 100% profit. Thats 1 Million Naira. So that exoectations doesnt take too long the we divide the 2 Million Naira into ten months x 4 weeks = 40 weeks, the repayment begins six weeks after the transaction.


The 1 Million Naira profit is profut to you brother !


Plus

.i can give you free business idea you can invest in and rake good money. I will guide you on the setup process, getting workers who are cheap labour and draw you a road map to making millions with this simple daily consumable. But my biz has to fly first Sir.

I would love to learn, can we chat more on WhatsApp and makes some video calls?
Let's get to see ourselves

ProjectsCityNG:
Agriculture. For example i need two agricultural equipment and NPK. Can we enter an agreement you buy them and I make weekly repayments ? Both are max 800k, i can repay 100%. We divide it into weekly repayments.

Okay, where do you live and where is your business located?

How will this be beneficial to me, please let me know

DaddyRochie1642:
Like someone suggested up there, you can partner with a business that has good prospects, you never can tell.

If you were in Imo State, would have showed you my catfish farm so you see what I mean.

If I'm in Delta State, I would have go into this business, but this kind of business doest need a proxy, no brother or friend that can stand for person.

But here in Lagos, that money won't be enough to buy a plot of land

DaddyRochie1642:
Invest in Catfish farm business, build concrete fish ponds, the business will feed you for life and generations to come.

That's a good one Comrade,

But I'm here in Lagos,
I don't want to invest in Delta while I'm here in Lagos, those I will put there will use me to be millionaire while I'm losing.

Airlord2030:
What tribe are you from first?

I'm from Isoko but lives in Lagos.

What's your advice now?

ProjectsCityNG:
Invest in a startup or an existing enterprise to save yourself the rigors of going through trial and failures. Find a sound entrepreneur and invest in their business

I understand you perfectly,
What kind of entrepreneur should I invest with?

FarmPlanetNG:
I can give you clear insights on investing just 2.5 M and you will get 5M as profits after eight months. What's in it for me ?

I will appreciate a lot Comrade,
This will help a brother.
Please I'm in need of your ideas.

Hello Everyone.

I need advice from the Comrades,
What kind of business will be advisable to go into with 5 million naira and can guarantee a good return?

I don't think buying a car and registering it with Uber will be productive.

Please I need help.

Mods please push forward

advanceDNA:
Car business involves large capital, especially at this inflation period.....u get that already...

So....if u have plenty cash lying around no wahala...u can be buying cars anyhow and sell later.....but if not.... it won't make sense to tie cash down all the time because sometimes, car sales can be very fast and can also be very slow....

1)...its not a bad idea to throw cash into to q deal if the deal is sweet and distress sale.
.for example..a good 2010 muscle going for 2.7M or an RX 330 going for 4M at this inflation time....
why?..these kinda deals cannot stay for long..(u cannot afford to wait to get a sure buyer before u move in.....u don lose guard be that) ........so u can throw in ur cash because u will surely sell later for good profit as both are cars that are in demand ( in my opinion, u can't same with a Ford Mondeo or an Opel zafira, or nissa sentra) so know ur cars.....some cars fly fast...and some dont, unless they are dirty cheap....


2)...it won't make perfect sense to pour ur small working capital to buy a used muscle for 5.5 M and be waiting to sell, unless u have an immediate buyer for it....the chances u will just tie ur cash down is high.....u are business man..u need to turnover money....

***...remember cars need servicing...if its in ur shop fo long and u haven't sold it, u will still cough out maintenance cost.....and cars can be funny... u can just wake up and the engine switch, or one sensor can start saying its time it wants to collect small part of the money u are managing...

So sometimes...it pays to do middle man deals where u market other pples car...and if a buyer shows interest....u can do a quick cash in cash out....( Instead of buying & waiting for buyer u don't know)..na tokunbo dealers dey role like that... ....or if the buyer trusts u...u can even get paid...buy the car and deliver to client, without even using ur capital..

###My opinion shaa

You have a good view and I like that from you and I would want to learn from you please.

What business will you advised me to go into with capital of 5 million?

I'm here in Lagos

I would appreciate if you give me time to learn from you.

So that Man no go make mistake wey he go regret later.
Thanks and I'm checking always to see a response from you.

Please what kind of business can I venture in and see returns with 5 million?

This will help a brother a lot, thanks Comrades, I need advice and suggestions.

I live in Lagos, I don't want to do a business that I won't be physically available.

I sold my truck because we don't have honest drivers anymore.

Packing and telling me that the Motor is faulty

I have to sold it off to clear my head, calls every minutes.

Please I don't want to touch this money, I want to make good use of it.

ksmart027:
Don't go and buy stolen cars and put yourself for wahala, car business is not for the faint hearted, my 2cent.

I appreciate this, what can you advised that I invest in with 3m - 6 million.

What should I invest into?

Please I would want to be buying second hand cars from owners and reselling them,

A friend told me about this business, I like it because I can add 400k - 1 million plus.

How is this business, I need some advice on this.

Is this business profitable?

I could be selling on Jiji and also be packing them at the from of my Estate Gate.

[quote author=Lanrelagboi post=128952419][/quote]Smiles,

I drove to Ebenezer, Egbeda Primary School
And they were nothing of us at that place.

I was mad wasting fuel, driving down there and no one was seen

fijihems:
I believe that N10 million would be enough to set up a good business in Nigeria, which can make you comfortable in a short time.

Not everyone who travelled abroad is successful.

Please kindly tell me which business can be better of to do with 10 million,

You're not only answering the question but also helping a brother.

Thanks

sweetTai:
Don’t waste your money and time. With N10million in your pocket in Nigeria, there’s opportunities EVERYWHERE! Some Indians or Chinese come to Nigeria with less than that and leave Nigeria with Quadruple of that. Look around you young man, Nigeria is where you can multiply that money.

What business will you advised him to go into?

Thanks and I will do that right now, I appreciate a lot.

BigDawsNet:
I think youtube is for people with basic knowledge of a particular skills...

I will advise to you browse top Tech company in lagos.. message them and register for the programs...

Try
Tech Studio Academy
Zuri...

theses IT schools are good and dey will take care of ur needs...

Make sure u hav working laptop
Hi Tech

Thanks,
How can I get someone to teach me, or should I learn through YouTube?
YouTube learning is complicated and not also discourage someone when there is no one to give the scope for proper understanding.

BigDawsNet:
Ui/Ux
Data analysis

Please what should I learn in Tech, I don't have any skills in Tech, I'm a Newbie,
Please help me so that I can start learning tech this March, I will be traveling soon, I still have 6 month ahead.

I live in Lagos, I can pay to learn

BigDawsNet:
No doubt

Only tru if you travel to a better country like the

US
Australia
Canada
Uk
New Zealand ...

If you very hard working in these countries... you will make it in life... your education doesn't matter like how we carry it for head in naija...

Just menial jobs can make you rich back home..
Having a crazy skills in Tech can earn your Real money..

I know people who earn as low as 40k in Nigeria but manage to japa...now own multi million properties hustling blue collar job abroad....

Also If you wanna travel Abraod..pls learn tech... atleast 6months before departure