Or are you into Business and looking for ideas to get Bigger and better?
Some of you do food business and you are very dirty and it shows on your hustle and you are wondering why Business is not moving?My tip for you is that you get containers and food carriers that don't change colour and are durable,keep your Environment neat,appear neat and look good and put on a friendly mantle.....
What kind of Business can i do with 20k that will grow into a fortune in Nigeria's harsh economy?..what kind of business can one start with a good amount of money that wont give sleepless nights?
Someone said Keke business is good but you must let the driver go off with the Keke after he must have finished paying a particular amount and I am wondering,how is it then a good business if i have to keep buying Keke and giving it out?I hear also there is a small Bus that is also hire purchase too.....
There are some businesses that most of you don't do your homework very well before plunging into....Please if you are suggesting any business at all,please also state the risks involved cos some of you make it look like the profit begins to come in at once and when someone starts and it doesn't,it frustrates them.....
Some of you are looking for investors but have no plan of paying monies back with profit...How can someone loan you money and after some months you want to pay back the same amount?You get my drift?
Let us make this post interesting and worth the read,OK?
Nice one
ReplyDeleteThis comment has been removed by a blog administrator.
DeleteKeke business is good when it's hired purchase. You buy at 750,000 and give it on hired purchase to the driver at 1.3 million or so. When the price of Keke was 450,000 in 2015,you give the Keke on hired purchase at twice the amount it was bought plus registration cost et al. They normally remit 20,000 a week or as otherwise stipulated. If the person is serious you can get your money back in a year. This method still has stress attached to it because getting a good driver isn't easy but they are responsible for the maintenance of the Keke since after the money has been fully balanced it becomes theirs and you make either twice your money or maybe 500,000 on it depending.
DeleteIf it's daily pay, depending on the area, they pay 3,000 à day. This method is full of problems, you are responsible for the maintenance of the Keke and the drivers can decide to misbehave, short pay you or spoil the Keke and you have to fix it cause they know its not going to end up as their own.
To enjoy Keke business, you need an honest driver. All in all transport business is not for the faint hearted, whichever way you choose to run it.
Keke business is good when it's hired purchase. You buy at 750,000 and give it on hired purchase to the driver at 1.3 million or so. When the price of Keke was 450,000 in 2015,you give the Keke on hired purchase at twice the amount it was bought plus registration cost et al. They normally remit 20,000 a week or as otherwise stipulated. If the person is serious you can get your money back in a year. This method still has stress attached to it because getting a good driver isn't easy but they are responsible for the maintenance of the Keke since after the money has been fully balanced it becomes theirs and you make either twice your money or maybe 500,000 on it depending.
DeleteIf it's daily pay, depending on the area, they pay 3,000 à day. This method is full of problems, you are responsible for the maintenance of the Keke and the drivers can decide to misbehave, short pay you or spoil the Keke and you have to fix it cause they know its not going to end up as their own.
To enjoy Keke business, you need an honest driver. All in all transport business is not for the faint hearted, whichever way you choose to run it.
If you want to be rich solve a problem!!. Na copy copy dey kill us for this country. Let me share tips on how to be very rich. First is networking/marketing, if you want to sell a product of 10k look for people that 10k is nothing to them. Most of them don't have time to go to market or surf the net. The best place to meet them is in their offices target banks, oil companies and big organizations. If na bank enter by some minutes to four, when it is past four and they are less busy take your products around especially clothes and you will be surprised at how they will rush you. If you are in Abuja, Lagos and Portharcourt you have no reason whatsoever to be broke. Prepare a proposal and walk to any federal ministry ( personally I don't fancy state ones) especially BUA,NNPC, DPR (those are the ones that worked for me) p.s package yourself very very well and be very bold and friendly, go to their director of procurement,tell them you want to be a supplier for quality pens, pencils,papers,jotters just anything you can think of, they will show the procedure and the products they need. Even if they have enough people already collect their number and be sending them goodwill messages. Don't forget to buy "malt" for them. A day will come when one of their suppliers will disappoint them and you will come in handy. Believe me just one contract can change your life but you have to be smart in order not to be scammed by ministry scammers.
DeleteIf you want to be rich solve a problem!!. Na copy copy dey kill us for this country. Let me share tips on how to be very rich. First is networking/marketing, if you want to sell a product of 10k look for people that 10k is nothing to them. Most of them don't have time to go to market or surf the net. The best place to meet them is in their offices target banks, oil companies and big organizations. If na bank enter by some minutes to four, when it is past four and they are less busy take your products around especially clothes and you will be surprised at how they will rush you. If you are in Abuja, Lagos and Portharcourt you have no reason whatsoever to be broke. Prepare a proposal and walk to any federal ministry ( personally I don't fancy state ones) especially BUA,NNPC, DPR (those are the ones that worked for me) p.s package yourself very very well and be very bold and friendly, go to their director of procurement,tell them you want to be a supplier for quality pens, pencils,papers,jotters just anything you can think of, they will show the procedure and the products they need. Even if they have enough people already collect their number and be sending them goodwill messages. Don't forget to buy "malt" for them. A day will come when one of their suppliers will disappoint them and you will come in handy. Believe me just one contract can change your life but you have to be smart in order not to be scammed by ministry scammers.
DeleteWaoaoaoaoaoaoaoaoOaoaowoooooooooooooowoooooo
DeleteGod bless you for this
This is very useful
🥂🥂🥂🥂🥂🥂🥂🥂🥂
Thank you for this @sweet chocolate
DeleteSweet chocolate thanks for the tips but it's easier said than done. Maybe it worked before but not in Nigeria of today. Even Ogas dey collect peanut office contract, No be for this Abuja? We don do all these things tire. Forget these big office people. When you take your products to them, they see you as desperate, slash your price and still owe you.
DeleteMy newest target and where I sell very well now is at car wash, garden/joint, fellowship, barbing salon or ladies salon, market, internet etc.
Those office people especially bankers no follow at all.
Wow this your advise is really helpful but I stay at Ibadan with mostly state companies Chai I need to relocate.
DeleteSweet Chocolate, fantastic advice.
DeleteGuys go for this.
If it's a private establishment, ie Telco go to their procurement department, find out what they need.
They will give the modalities to becoming a supplier.
People are still doing this in 2019 and succeeding.
Don't let anyone who has failed at it, now discourage you.
Make sure you dress WELL.
Will be reading comments....
ReplyDeleteSame here
DeleteOther businesses you can do: wholesale biscuit, provisions, tailoring materials and most importantly oil and gas if you want to be adeleke kinda rich. Go for their seminars, hook up with their workwrs, learn from their online resources, meet people there and try and get in touch with moving downstream products at least for a start. The money in that sector is beyond your greatest imagination. Environment matters a lot, always try to roll with the genuine rich people. Keep your ears on the ground for opportunities, Mrs Alakija was Mrs Babangida's tailor when they started sharing oil well she did not say I be ordinary tailor wetin concern me rather she went to hustle her own. Once again environment and the kind of friends you keep matters a lot on whether you will rich or poor in this life. Pray often. May God bless our hustle this year.
DeleteYou can locate a space around big offices, with a camp gas and neat environment sell fried yam, potato, plaintain, akara ,pap and peppered sauce las las na you go dey run from customers.
DeleteYou can locate a space around big offices, with a camp gas and neat environment sell fried yam, potato, plaintain, akara ,pap and peppered sauce las las na you go dey run from customers.
DeleteSame here, the phcn payment business I wanted to do did not work, I went to their office and they kept posting me, come today, come tomorrow. I am tired of going there jare.
DeleteWill be looking out for other business idea here.
Business of sharing meat is good eg cow and goat .once in a month..Get people to contribute money and at the end of every month you buy cow and share.you can include deliveries et el,then as time goes by, you can add other things.if they see that you are neat and trustworthy and more economical they can start patronising you every other time
DeleteMale 'palm' slippers
DeleteMale fabrics
Towels
Gari
Rice and Sell from your home.
Jewelry: fashion and in sets.
Here to read and learn
ReplyDeleteok am here for the comments
ReplyDeleteneed to know viable business to engage in now
You can start importing with 20k Stella.
ReplyDeleteRisks? Shipping!!! Jesus. Shipping is where all the money goes, that's why things on IG are expensive, although I make mine as cheap as possible cos my target market are students.
Risks also include being scammed or buying poor quality. It's best to have someone in China there, that's what I do.
Hey tell me more I'm a stay at home first time mummy quit my job to focus on my son but looking for lucrative business I can venture into.
DeleteI'm interested in this business but I'm saving up small small for it.
DeleteGood one...
DeleteWill like to know how to go about this.Biko Nne,help.
DeleteIs even more preferable to buy at Lagos market only if you goods are much and you ship through the sea. I learnt the China own the goods are extremely cheap
DeleteI think we can come together to buy in bulk and shipping it will be easier. I am interested too
DeleteStella can we get the links to the first and second? That's how you usually do it nu. Thanks.
ReplyDeleteSo until she shares links you can't lift a finger and do a search for the post in less than 30 seconds?
DeleteAre you sure you are even ready for the stress of business??
Well,as go me,i want to learn tailoring after which I'll specialize in sewing female children wears like ready made,package it well and sell to shops,church members. Etc
ReplyDeleteReady to learn
ReplyDeleteThank you so much for this stella...please i would appreciate advice...i reside in benin city. I have a small job 9-5 thay i am managing for now..but i desperately want to start a business...my capital is small ..just 100k...what i can start...ideas would be very much appreciated....i dnt want all those longrich ,edmark,gnld ideas oo....
ReplyDeleteAnkara business.. Buy small and big Ankara mixed..
DeleteSell in your office n environs..
My dear 100k in that state.pls try and relocate.asap.for business pants.bras.or foodstuff from north
DeleteWell, if you have land in a busy area, or you can buy a piece of land in a busy area but you can't build on it immediately.
ReplyDeleteYou can rent it out as a carpark, carwash, and other viable options.
So that your investment is bring you returns, until you are ready to build on it or resell.
Enter your comment...let me perch and learn. i am particularly interested in transport business. I'm looking at these small buses called "korope" in Lagos being on hired purchase. anyone got any tips, kindly share
ReplyDeleteIf you re not driving it yourself/ have enough madness to place curses on the drivers/ have a jazz. I bet you can't run the business successful.
DeleteExcept you want to partner with registered transport company such as,GG,Peace etc.
Start with Okada/Bikes. One okada used to be 220k but now #240k plus the number plate and papers. You can chill for a month for the price to come down. You will give it out between #350-380k. The rider will be paying 12k on a weekly basis till he completes his money, after which he claims ownership of the bike.
DeleteAll you need is to give the okada to the chairman of the closest garage to you. You can give him 5k or 10k depending on how well you can bargain. He will be the one that will help monitor your bikeman. But the bike man will only ply that axis. If you are prudent enough, you can buy another bike within 5 months.
Anybody with useful tips about this POSfirst monie business,howdoes it work? Positive and negative side of it, pls come and tell me.
ReplyDeleteWork won't let me see road I would have gone to the bank to ask my questions. Thanks.
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ReplyDeletesmiles, God bless you for this
DeleteI have started asoebi(ankara and lace) with aso oke business. It's a very good one but it doesn't come always.
DeleteOla thanks.
DeleteGood one Omeh darling, money must be made
DeleteWhat kind of side hustle would someone like me who works morning till late evening Mondays thru Fridays & sometimes saturdays do? 🙄
ReplyDeleteI need something I can be doing while I'm at work & won't affect my performance. 😑😑
I've consulted & consulted but whatever I come up with usually requires me to either leave the office (which I cant) or better still resign..but I still love my job 😭😭
Ok, I need ideas...aanyone??? Please????
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DeleteStart Recharge and get paid Telecom business. At the comfort of your phone and time.
DeletePls where do dose wu are into plain and pattern buys from abeg I want to start selling too, pls I need d source pls cos I want to sell wholesales too
ReplyDeleteI really need this too.
DeleteAba is the source anony 13:58
DeleteTake this info to the bank, they get it from ABA, Abia State. The 4 yards plain and pattern is sold from 900 - 1k (depending on the quality) to wholesalers at Aba Shopping Centre. You can resell for 2k - 2.5k.
DeleteYou can also source it from different fabrics warehouses littered all over the city at way cheaper rates.
DeletePlease who knows about Baxi Box and Being an Agent??
ReplyDeleteI already read about them and all that, just want some reviews from persons who have been in the business.
Thanks😁😁
Do first monie instead of Baxi box,walk into any first bank around you and make enquiry
DeleteThe machine is 150000 and you will have some money in your acct .
DeleteYou can use the machine for dstv sub..gotv...nepabill....withdrawing and depositingetc
Enter your reply...
DeletePOS box is free o. where do they sell it for 150000? be vigilant o , don't allow anyone to scam you o
You can start a clothing business, either new or london used.
ReplyDeletewhat business can I start with small capital as low as 20 that's what I can afford now pls
ReplyDeleteAnkara
DeletePlain and pattern fabriC
Fabric such as crepe, Poly and the sort.
Perfume oil
DeleteSatin bonnet
Gari
Charcoal
Even firewood
Bed sheets
Old novels
I want to buy a car to start taxify business but my cash is not complete. I need someone who is willing to invest 500000 to complete payment for the car. I will pay back installmentally in six month. Interest included. Thanks.
ReplyDeletei have 150k i need side business i can do with it that will not need my presence
ReplyDeletePls which one is more lucrative, okrika bags or children shoes and where can I buy wholesales. Pls help
ReplyDeleteI want to start making cupcake and peanut but the material, baking tools and training fee is what is holding me. I pray help come my way very soon. But for the meantime, let me share the idea to anybody that wants to start the business. Just have like 50k
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDeleteWhat bizness can one do in asaba.I just relocated.asaba bvs help.thanks
ReplyDeleteI just want a connection with someone (truatworthy) who is into buy& selling of used items US/UK who I can buy from.
ReplyDeleteI live in the US. But what kind of used items are we talking about here?
DeleteIf you are abroad and can bring in used items like clothes, shoes, electronics, laptops, refrigerator etc, I can help you sell in Nigeria while I send you your money after sales.
DeleteThis comment has been removed by a blog administrator.
DeletePls is there any shipping company that has affordable delivery services for vendors other than God is Good motors
ReplyDeleteOther transport system do too.check with peace mass ,young shall grow etc though if you register with God is good as a vendor,they will start charging you 1500 each time they deliver for you.hope you know about this?
DeleteGo to the/transport companies parks there, ask and compare prices.
DeleteSo I started another business presently... #sharonbeans...now this is it..I buy beans bags and get people they wash it and dry it and I ground it to flour and measure in mudu and sell for 600..beans is 300 but I sell the flour for 600,one mudu of beans is 1and half mudu in flour..u can start with zero capital,...
ReplyDeletePls can you tell me more about this??
DeletePls which beans is N300???
DeleteBag of beans here is 21000,at the rate of 300per mudu..the bag contains 70mudu..u wash it,dry it and grind it then start selling by selling the same mudu for #600,its a very lucrative and profit oriented
DeleteMrs Sharon Aminu, please where is 'here'? I'm always reading 'here'. Where exactly is that please?
DeleteDried beans flour is a good idea.
Very informative post
DeleteAnon 03:58, Sharon lives in the north either Kano or Sokoto, I can't remember
if you are a good baker, cook, caterer, chef or event planner willing to grow your business and bring in more customers.
ReplyDeletedo drop an email address so you can be reached and given the breakdown.
Stella won't post the email. You can check the advert post for my number and send me a text. I'll reply you.
DeleteAll I need is an idea of how to leave this country. I am almost 40. No husband. I am getting depressed around here. I want to leave this country for my peace of mind for the moment. How do I connect to the right people that will help. I don't want to go to Libya. Just a country I can find something doing and start my life afresh.
ReplyDeleteIt's well with you Anon, pls don't go to Libya.
DeleteWe are in this ship together. I have N2M, I want to leave this country b4 I die of frustration & depression. Where to go, I dont know
DeleteAnon 15:52,you can go to Australia.A lady who just relocated there shared information on how to process the visa,English exams to write etc.You do everything yourself,it's cheaper and you won't be scared of being scammed.I will send the link to SDK to share
DeletePls I'll be waiting for the link. Thank you
DeleteI want to buy a motocycle soon to give a driver inside a school he will deliver 10k per week after 6 month i sell it off.With 20k u can start selling hair product online thats what am doing presently u can make profit of 5k per week.
ReplyDeleteMy own business idea is Selling Fruit Juice and snacks. You have to becareful of the location and ensure it is feasible, I have done my home work on it and it is very profitable. People are going natural everyday now and I sell nothing less than 20 bottles of kunu daily.
ReplyDeleteYou can look into it and also extract fruit juice for clients on demand and sell snacks also, You can market yourself to Retail pharmacies, supermarkets and banks.
The negative side is the electricity aspect, you need freezer to preserve your Kunu from getting spoilt and also you need to sell off your fruits on time to prevent loss, other than that, you are good to go.
Pls explain more..this business will be lucrative here during heat period... Tanks
DeletePls, I love this business, how do I go about it?
DeleteMen try to relocate to Abuja.
DeleteYou can start Okrika shoe business with just 27k you'll get mixture of children and adult shoe bale. You don't need to go source for it yourself, it'll be brought down to wherever you are. I have their contact but it's funds that's still delaying me.
ReplyDeleteMom Ella,please I am interested in the business how do I contact you?
DeletePls can you give me their contact too.
DeleteI'm interested too put a sister through
DeleteBale of okirika shoes for 27k? As in shoes??Even if they stole it, they can never sell it for that amount. Pls you all should Stay away from f these Internet fraudsters who claim they sell these items at cheap prices including bag of rice for 7k and the rest. It's greediness that makes people fall victim. You will see that it is too cheap to be true yet you chook your head. They claim they can deliver to your location and when you pay in to their account they block you. Your money will be gone, some will claim payment on delivery but ask you to pay some money different from the main price of the items. Pls don't pay a dime to anyone until you see and touch what you are buying. Preferably go to the market and buy the Bale of clothes or shoes by yourself
DeleteTo be honest most of you are asking the wrong questions which cannot help anyone going into business especially in a harsh economy like ours....
ReplyDeletei will come back to give some business advice
Let me tell you another business you can go into,it mite be a bit stressful,but I tell you nothing good comes easy
ReplyDeleteI am a mini distributor for Nigeria /Guinness/international brewery.
I started the Biz with barely 300,000
I sell to hotels, joints and all
A crate of life/Goldberg/trophy goes for 1850,I sell for 2000,imaging selling 50crates a day,,,,,it is doable please,all balls down to marketing... Guinness brand is premium ,you make like 250/350 per crate on that...
I made it corporate, I did proposals,go to hotels,they buy in bulk most times,say 20/30 at a go.I still have all d joints around me.
After a while I delve into banking agent Biz,the money I make from my drinks,instead of going to bank to pay ,I started paying people, I have pos,into NEPA payment as well
You can contact me if you are interested...no excuse for idleness, it is all about thinking outside the box....
Mind you I don't have plenty money,but the little I have,can be turn around for diff Biz at the same time
Please ignore my typos oo
How do we contact you na? Pls drop no or email address. I'm interested
DeleteCredit is bae in this business
DeleteI AM BASED IN EUROPE AND I HAVE SOME MONEY SAVED. I AM THINKING OF WHAT TO BRING INTO NIGERIA THAT I CAN SELL OFF FAST ON WHOLESALE AND WITHOUT BEING OWED.
ReplyDeleteANY IDEA PLEASE? THANK YOU IN ADVANCE
Anon 16:18,you can bring in kitchen utensils (blender,food processor,pots)Even if they are used ones and the prices are affordable,you will sell.
DeletePlease is there anyone who is into fruit juicing?Kindly help me and educate me on how it's done,Packaging,shelf life and how do you market it?
DeleteThank you Bibire.
DeleteYou can bring it female clothes and shoes too. They sell.
DeleteFemale clothes and shoes. Also kitchen items and baby shoes
DeleteMy own case is different. I have business ideas and capital but no support from hubby,he said I should wait till children grow or he will quit his job and stay at home while I go and work 😢😢😑😑
ReplyDeletePlease I want to start snail farming. But don't know much about it. Have gotten bits of information on Google shaa.Is anyone here knowledgeable about it? Or a practising snail farmer that can teach me practical and hands on att their farm, I don't mind paying.
ReplyDeletePlease I am also interested in this snail farming.
DeleteI just relocated to Abuja,want kind of business will I do here I need to start hustle.
ReplyDeleteIf you are working, you can start a YouTube channel as a side hustle.
ReplyDeleteNot a lot of Nigerians are influencers, and there is big money there but it takes a while to get the momentum.
But with consistency it’s will grow. That’s why I said if you are working so you don’t get frustrated about no income coming while growing your channel or tribe. You need to find a niche that u love and will grow into and start giving value.
Post one video per week minimum and promote it on ur other social media platform.
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ReplyDeleteYou can start organic coconut oil and palm kernel oil.. We deliver nationwide
ReplyDeleteAt N2000 per nyu x 10 == N20K per day x 7 == N140k/week x 4 == N560k / month minimum. Try beating that.
ReplyDeletei need ideas please which is better to invest the keke business hire purchase or owning a bet shop as an agent ?
ReplyDeleteany great business idea is welcomed not minding how capital intensive