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I Need Business Ideas - Business - Nairaland

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Please I Need Business Ideas For A Student In 2024 / Just RENTED A New Shop And I Need Business Suggestions!!! / Need Business Idea with 300k start up! (2) (3) (4)

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I Need Business Ideas by valufone(m): 8:19pm On Jan 05, 2021
Great minds of Nairaland.

Please I need genuine Businesses I can do this year.

Thank you.
Re: I Need Business Ideas by CandyOps(m): 8:23pm On Jan 05, 2021
valufone:
Great minds of Nairaland.

Please I need genuine Businesses I can do this year.

Thank you.

it depends. you need to be more specific.

What areas are you interested in?
Offline or Online business?
What niche market? ICT, Buying & Selling, Agriculture, Building, Automobile etc..

How much do u plan on putting into the business?

Do you plan on being a key player in the business or an investor?

my point is, business yapa.. we need more specifics from you becos na your money dey at stake here
Re: I Need Business Ideas by Mcsenior(m): 8:29pm On Jan 05, 2021
valufone:
Great minds of Nairaland.

Please I need genuine Businesses I can do this year.

Thank you.

Look no further; follow the link below to follow my thread and make your choice.

The economic situation and projection of Nigeria economy doesn't encourage one to rely only on one source of income.

If Dangote despite being the richest man in Africa doesn't stop at one business, why should anyone rely on only one source of income.

If you Know your monthly take home pay can't even take you to the bus stop; the opportunity for 2021 is here.

Follow the nairaland link below to make your choice.

https://www.nairaland.com/6320025/biggest-job-opportunity-oyo-state
Re: I Need Business Ideas by valufone(m): 11:09pm On Jan 05, 2021
CandyOps:


it depends. you need to be more specific.

What areas are you interested in?
Offline or Online business?
What niche market? ICT, Buying & Selling, Agriculture, Building, Automobile etc..

How much do u plan on putting into the business?

Do you plan on being a key player in the business or an investor?

my point is, business yapa.. we need more specifics from you becos na your money dey at stake here

Many thanks for your contribution.

I prefer ICT and Buying/selling.

Prefers to be a key player

Have 1M to start
Re: I Need Business Ideas by Leezah(f): 11:32pm On Jan 05, 2021
valufone:

Many thanks for your contribution.
I prefer ICT and Buying/selling.
Prefers to be a key player
Have 1M to start
What do you want to sell? what's your passion?
Re: I Need Business Ideas by CandyOps(m): 12:17am On Jan 06, 2021
valufone:


Many thanks for your contribution.

I prefer ICT and Buying/selling.

Prefers to be a key player

Have 1M to start

Okay. I see u have a knack for high risk. High reward and high b.p too but it's a good choice cheesy

now before you go ahead, I hope you understand that as a beginner your chances of failing are exceptionally high?


So before u go ahead with this move sha keep some money aside for chop and general running around (around 300 - 400k) This will be your shelter while you try to make it rain.

So next question is what product can you sell?

And are you getting a shop offline or Online?

Tip: online store is completely free
Offline store is more authentic

Extra Tip: Physical prdts are easier to sell. but you have to deal with logistics.

Products clue: Security cams, Spy cameras, nanny cam etc. Spy glasses, motion detector cams etc and as your sales go up you can branch into fingerprinting and door security.

You can sell strictly online. or get to know people who sell in the offline market and join the train by learning the trade first. and focus on driving customers to your physical store.

Most of those traders in Ikeja Computer Village and Trade Fair Complex Lagos are getting a shit-load of traffic from using jiji and Facebook only.

PS.. if you'll use an online store, u have to repeat the cycle at least 3x before you can begin to pull out funds from the biz for personal use.

What I mean is this .. you have to recycle every single penny you get from your sales into the business (that is, buying more goods and running more ads) at least 3 times before you can comfortably pull out like 150k from the biz for personal use.

else your biz will remain stagnant.


Pss: if you go for an offline store it means u have to pay for an office/store space. Which means the growth curve of your business will be longer when compared to an online store.

In a layman's term what this means is you have to recycle every kobo gotten from the biz into it for at least 5-6 months before you can comfortably withdraw up to 150k from it. Becos of the fixed expenditure.


It's a longass journey and you'll get better/richer with time

1 Like

Re: I Need Business Ideas by Domain12: 8:54am On Jan 15, 2021
valufone:
Great minds of Nairaland.

Please I need genuine Businesses I can do this year.

Thank you.
How about swift initiative

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