Ikem11:
Bring the money to me

Chuukwudi:
Go and buy 2 keke na pep. APC Change will remain. Keep the change.

Paulpaulpaul:
If you are car freak like me, go into commercial transport business. If you can't do that, look for a small school, teach and get small money for feeding and use your money for hoarding.

You can hoard farm produce like: Melon, Palm oil, Maize, Soya beans and locust beans.

You need to state your state so that people can advise you base on the prevailing business model in the state

Glare247:

in kwara state ,

Glare247:

is dis what u casn offer? i need serious advice not strolls

Paulpaulpaul:



Keke is around 450-480 it can't buy two

Daviddson:
@Glare247 Buy bitcoin of N100,000 and invest it in a company that pays 40% per month for life. In 3 months, you get more than your initial capital and you continue to get paid, without any other investment. It's a credible real estate company that has been around for the past 8 years. If you're interested, let me know.

Daviddson:
@Glare247 Buy bitcoin of N100,000 and invest it in a company that pays 40% per month for life. In 3 months, you get more than your initial capital and you continue to get paid, without any other investment. It's a credible real estate company that has been around for the past 8 years. If you're interested, let me know.

Glare247:

may I know more about did?drop ur WhatsApp number

Chimapeters:
@Daviddson I am interested in this information you have.

Daviddson:
07o688l68l9

Daviddson:
@Glare247 Buy bitcoin of N100,000 and invest it in a company that pays 40% per month for life. In 3 months, you get more than your initial capital and you continue to get paid, without any other investment. It's a credible real estate company that has been around for the past 8 years. If you're interested, let me know.

Daviddson:
@Glare247 Buy bitcoin of N100,000 and invest it in a company that pays 40% per month for life. In 3 months, you get more than your initial capital and you continue to get paid, without any other investment. It's a credible real estate company that has been around for the past 8 years. If you're interested, let me know.

Daviddson:
@Glare247 Buy bitcoin of N100,000 and invest it in a company that pays 40% per month for life. In 3 months, you get more than your initial capital and you continue to get paid, without any other investment. It's a credible real estate company that has been around for the past 8 years. If you're interested, let me know.

Allstrasse:
Nairaland business section is filled with samples and even testimonies of what a young man like you could do with that amount of money. Many threads exist that can help you discover your potential and also steer you in the direction of that business that best fits your abilities, personality and circumstances.

I would like to however recommend that in view of the current economy and also considering your apparent inexperience as far as business goes your best bet would be something that is not so fixated that is flexible enough for you to divest with as little skirmishes as possible. The direction I would advise is in trade with more emphasis on distributorship. There are two threads you may wish to peruse on Nairaland business. Both are very practical and realistic. The one is the thread on egg distribution by Blackkie and the other is the FMCG thread by Karin001.

While Blacckie advocates a smart neighbourhood distribution for eggs drawing directly from farms, Karin001 on the other hand advocates the registration of your interest as a distributor with a medium sized FMCG company and insisting on territorial exclusivity for a particular or designated sales area/zone.

Now these models are tested and trusted as can be read from the many posters following the thread but they are definitely not foolproof. I am sure they will even have whatsapp groups for some of the businesses as is mostly the case in contemporary interaction. The most unique feature of these options is the fact that you can still trace your money (capital) because at every point in time it is either in stock or remittances.

I am also not very comfortable with or even sure that the profit margin you seek(20%) is attainable from the very first month if you are dealing as a trader/Distributor. A monthly margin of 5-10% on commencement with a gradual growth to the desired margin and even more is more certain and realistic. Then again, I am not saying it is utterly impossible but I just prefer to align along the lines of caution.

Finally, I will post a counter position to those who suggest that you don’t talk to people. It is essential that you speak to people who have some experience in the business area you are interested in. Very true that there will be many fraudsters prowling along trying to do others in but one very important consideration for you is that the best advice will come amongst the fraudulent ones so it is thus your discernment that you will employ in choosing that which is most suitable for you.

Do enjoy your search.

Please note that I just copied and pasted this from another thread where I gave the same advice. I hope it is a useful contribution.

Goodluck!

Glare247:
hello friend,hope we are all doing great,i work in a private coy,downsizing is imminent next month and i have 650k i want to start something with,i need serious advice on what type of biz i can start with this amount,thank you

Glare247:
hello friend,hope we are all doing great,i work in a private coy,downsizing is imminent next month and i have 650k i want to start something with,i need serious advice on what type of biz i can start with this amount,thank you

divinelove:
Buy a mini bus Suzuki and start ur transportation biz but ie only if u will be the driver. It's a cool biz and u start making money in thousands the very minute u hit the road. Thank me later