This is part 6 of the Business Ideas post and we would like to share ideas on how to improve our businesses or start small scale business....
What kind of business can one start with 50k in these hard times in Nigeria?......Did i just say 50k?Some people are starting businesses with 5k and boasting about it but do such business grow?
As a student what can one do in school to make ends meet?Someone said she started indomie business and is selling...what else can be done?
There are some states that you can start a business that will flourish but in some states,such business die...can we identify the these good and bad business surviving or killing states?
What business are you currently into and how much capital did you start with?
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Tuesday, April 02, 2019
53 comments:
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When I was in school (Uni), I sold fried fish and meat. Trust me the gain is much especially if you liase with those meat sellers to cut a sizeable chunk. I gained double of what I bought. I also sold corndogs. The gain is much durong departmental parties but that meat and fish though stressful but it's worth it.
ReplyDeleteHow did you do it dear, did you supply it to stores or you sold it in classrooms?
DeleteYou can a buisness with as low as 8000 naira. contact me for details
DeleteWhen I was in school (Uni), I sold fried fish and meat. Trust me the gain is much especially if you liase with those meat sellers to cut a sizeable chunk. I gained double of what I bought. I also sold corndogs. The gain is much durong departmental parties but that meat and fish though stressful but it's worth it. With 2k sef you can start
ReplyDeleteA very good business idea is to search for those doing clearance sale on thier goods or be a dropshipper.
ReplyDeletei currently want to clear children jeans and dungaree (age 2 to 11years) at the rate of 800 per pair... they are new jeans and stock. You can start with as low as 20k and resell each for nothing less than a 2k.. we all know how much new jeans cost..
Easter is coming... you dont even need to convince people much before they have a reason to buy cloth for thier kids..
another business idea is to be a dropshipper..
i send picture of my goods (sport slippers, bags,earings, childrens jeans,sunshades etc)... to you, give you good prices. you then upload on your wall and add your money.. if there is a customer, you let me know, i either deliver to you or deliver straight to your customer . The money is sent to you,then you transfer my share and hold on to yours..
I was introduced to this by naijataxi service but I am just being sceptical. If the middle man don't send my money nko????.
DeleteThanks so much for explaining this dropshipping
@Olori,Drop-shipping is better and safer when you know the sellers shop physically and if its closer to you,or if the seller is your friend who deals on that product..
DeleteIf for example you stay close to Balogun market,you can walk into a shop and talk with the owner..He/she would allow you snap as much as you want and then you upload..
When a customer needs it,you get the payment,walk down to the store and buy that product then keep your profit and send the goods to your customer..
You can even just get the sellers phone number and when you get an order,you call him/her and they deliver it directly to the person while you do little or nothing..
I used this technique years ago while I was at the East and never knew the name was even Drop-shipping..kikikikiki!!
Thank God for life..
@MARTINS ABOY
Now I get, me I have my wares ready
DeleteWill rather register as a distributor then than a dropshipper. Thanks so much Martins 👌👌
Where do you stay Maude and how can I contact you
Delete@ Maude, am interested. Pls I will contact you.
DeleteMaude are you in Lagos?
DeleteMartin's dear, pls how do I get the link to the previous business ideas posted?
DeleteThank you
Like dis send no
DeleteI started my OK business with #10,000 and it yielded over #5,000 profit.Thats how is started growing. OK business is a very lucrative business, be it bedspread, bra and panties or wears.
ReplyDeleteOn my way to Cotonou, I met a woman who has been in the business for over 30years with 2buildings and all her children are graduates.I tapped from her wealth of knowledge. Now I don't need to go again, my bale will be delivered.
I heard about storing palm oil when it is cheap and sell when it becomes expensive.Still doing more research on that.
Olori, palm oil business is a good business but you need to know more about the market else, you will be given palm oil that will be thick as stone over time if you don't sell or is not used on time. The taste of the palm oil also matters. So please do your study well before venturing into it.
Deletepalm oil is good but verrrryyyy risky... i mean verryyyyyy risky
DeleteThanks Eniafe, and I heard it has a lifespan too
DeleteYes it is. Another thing is going to the village to check the palm oil your self before buying except you have a trusted person you can send there. Am talking from experience o.
DeletePrint your flyers .Go to middle class to upper class neighborhood. Offer to do one time full home cleaning. State your price. Dress right and be ready to work. Two, learn some small skills for fixing things .fix toilet handle , change tap head +faucet). Clear clogged sink. Print flyers. Offer the services. Learn to paint a little. Offfer to paint kitchens and living rooms and bathrooms.many homes need touch up from time to time. Offer good price .get a good source for the paint and all. Providing services to the middle class is very lucrative. Just don't he expensive and do a good job so you get more referrals
ReplyDeleteI made so much from cleaning business and i currently own one . Started with nothing ,not even a dime. Stella, will send you a mail in respect of this or would arrange a class for your bvs .. I love you Stella, u re such a wonderful woman and I wish you all the best in life .
DeleteThank you Lydia. Please show people the way. Lots of people look for money to start a biz and run into debtors but right there their two hands can make them money.
DeleteAm proud to be a business owner too no matter how small
ReplyDeleteAfter my Question to Bv married chick, I started an underwear business with just a token
there is profit in it especially pant because there are a lot of Braziers which require more capital.
with #3000 you can start a pant business.
Way to go darling.. God bless the works of your hands... Try adding jewelriesjewelries, its almost 100% profit..
DeleteFor students, try first grade female clothes, pants and bra, jewelries... Always have the right attitude..
ReplyDeleteOne thing I have noticed about business is consistency, always be available no matter what, the beginning can be very rough but with the right attitude, you will succeed. You needed to see me on Sunday with my big belle doing makeup and tying Gele.. I had to ask one Man to come and help tighten my last client Gele as waist hook me... Chai!!! All the women started laughing Iya Beji Pele oo... Na their own be that oo,5k Don enter my pocket.. I love what I do
Don't go into any business someone else is making profit from it, find out what you are good at and you will become the best at what you do...
It is important to understand the needs of your environment before venturing into any kind of business.
ReplyDeleteIn addition to selling bags and shoes, I'd like to sell ladies new underwears too. Although I have very little capital. Please, does anyone have an idea how to go about it. I'd appreciate where i can buy in wholesales prices too. Thanks
Deletemine is from outside The country.I think you can try Lagos lsland,there should be where they sell good qualities too.
DeleteThanks at graci
DeleteJust like martins said, drop shipping is very OK.
ReplyDeleteIs safe and very reliable..
I go enter Kano market, snap Ankara tire, people place order n buy.. I keep save my profit.. Like that like that..
If you want to start drop shipping, I have a shop in Abuja, you can walk in and snap as much Ankara you can snap.
All you need to do is advertise those Ankara on your page with your price, like that like that, u keep ur profit.
And if you also want to start Ankara business too, I can guide you on how to do it.
I sell wholesale price that's very very low for you to start well..
From there you can make #50k in 3 weeks and you make ur money..
🤗🤗🤗🤗🤗
Hmmmmmmm.
ReplyDeleteWell,I am into building materials most especially Dangote cement and i started that business with #2,160,000 in order to be able to get one trailer of dangote cement(900bags).
Also,there are several building materials you cam venture into most especially for those staying where builders call "New site".
With 50k u can start plumbing materials business,u dont need much knowledge,all u need to know is the names giving to those pipes and their sizes,e.g k-rod,elbow,ball guage,1inc pipe etc..with that,u are good to go.
Food is another business which can never go off the line only if u are a good cook.
Mc pinky
The materials is a lucrative bis
DeleteHi Bisi, please could you shed more light into this business? I would really love to go into it, but would like more info, e.g, ROI, timeframe to clear a trailer,challenges, etc. Would appreciate hearing back from you. Thanks.
DeleteI have a meshi bizness is not really easy after lectures i start cookin frm 6pm to 10pm daily. pls student on d blog don't stay idle or depend on someone or endanger ur lives just 4 quick money.. i am a student i started my meshi stand 4weeks ago with just 3,500 naira.. bought a cartoon noodles..a crate of eggs..small onions,pepper tomatoes..oil..
ReplyDeletei took knove, pots nd frying pan..knifes frm home..placed all on my reading table under d stand..shikina
atleast its helping me somehow. this is to encourage someone out there u don't need to have millions to start up sumthing start small oh..very soon i will add zobo..nd other soft drnks
BV BEAUTYBELLA
I started the local gin business which is very profitable. I'll buy from the village for 9500 they bring it to Lagos for 1000 and I sell the keg for 15k and when I sell with bottle, I make 22k sometimes and other times 20k
ReplyDeleteIt's what has been helping me for a while in school now. I sell to these agbo sellers, sometimes I help them buy from the village directly and still make a little profit
I want to start selling imported baby cereal and purees like gerber, aptamil, happybaby, cow&gate, diapers and formulas like enfamil, similac and the rest....please anyone who can guide me on how to start, will I contact someone abroad to help me buy them over there(uk & us) and ship to Nigeria or is there a place in Nigeria where I can buy them at wholesale price and resell and still make good profit. I know there are people doing this business on Instagram but I don’t know where they buy their goods from. Please anyone that knows about it or knows someone into the business should reply me. Thanks
ReplyDeleteIf you're in ab abuja, visit wuse market, ask for whole sale market, it's at the extreme end of the market, or better still ask for fortune shop. There u can ask around where to buy this items. I buy them every week
DeleteAfter hearing so much about the lucrative Ok business, I decided to give it a try as my other source of income.
ReplyDeleteI have a stand where I sell Ok London gown. 30k Roi weekly isn't bad...
Those around Ajah please patronise me o. I open new bale every Monday. I'm hoping it grows to 2 bales weekly...
Where do you sell it?
DeleteI'm in lekki
DeletePlease I want start OK business how do I go about it who will link me up to those going to Cotonou?
ReplyDeleteNICE TOPIC, LET ME GIVE YOU MY VARIOUS BUSINESS, PEOPLE CALL ME JACK OF ALL TRADE, BUT I AM CASHING OUT IN MY OWN LITTLE WAY.
ReplyDeleteI HAVE A RENTAL BUSINESS IN MY HOUSE WHERE I RENT CHAIRS, CANOPIES, COOKING UNTENSIL FOR DIFFERENT CEREMONY, BUT IT CAN BE CAPITAL INTENSTIVE THOUGH WITH 100K , YOU CAN BUY CANOPY AND SOME DOZENS OF CHAIRS.
AT WORK, I OBSERVED THAT TOWARDS CLOSING HOUR PEOPLE DONT HAVE OR GET ANYTHING TO SNACK ON , SO I STARTED SELLING PLANTAIN CHIPS, PEANUT, POTAOTES CHIPS, GROUNDNUT, MY OFFICE IS IN A CONSTRUCTION SITE SO I MAKE CLOSE TO 4K PAY DAY ON JUST CLOSING HOUR HUSTLE,
I ALSO MAKE LIQUID SOAP THAT I SELL AT WORK AND IN THE NEIGHBOURHOOD SO I STILL MAKE SOME CASH THERE TOO
ESPECIALLY IF YOU AREIN IBEJU LEKKI , EVERY BODY IS A LAND AGENT OOOO, I ALSO DO AGENCY WORK, MY COLLEAGUES AT WORK MAY WANT TO RENT APARTMENTOR BUY LAND, I ASK AROUND AND GET A GOOD LAND/APARTMENT FOR THEM AND I GET MY COMMISSION.
MOST IMPORTANT IS LOOK AROUND YOU AND KNOW THE NEED OF THE PEOPLE, ALSO KNOW YOUR AREA OF INTEREST OR WHAT YOU HAVE FLAIR FOR.
Nice one ma!
DeleteI started selling rubber footwear for ladies, children and guys with less than 50k,buy trendy footwear's from wholesalers in my base or I go to onitsha,I noticed it's cheaper and stress free In my base tho.if one is in a good location you can easily make double your money before 2 weeks,eg I buy a beautiful slippers or sandals for 800 or 1000 I sell for 2000 or more,least I can sell is 1500,this way I get money quick and make sure I go to the market every new week to get trendy designers before it floods the market that way I make my profit.theres this slippers in the market now,very cheap a bag is about 9k I sell a bag less than one week I get my 9k + extra 9k or more as profit just from one bag.(2)Bags too school bags,fashion bags,laugages,luchboxes with 50k one can start,start small watch it grow.i notice male wears sell faster and theres good profit in it so I added this and others when my business grew.still growing tho!.....have sweet mouth and a listening ear,your pocket will never run dry.Above all pray.
ReplyDeleteas a student i started my mishi stand with 3,500 where i cook noodles daily.. its really a very supportive business
ReplyDeleteI redeem gift cards. Started the business with very little capital but there's profit once you have customers. The issue is finding customers and also you need to look out scammers and rippers
ReplyDeleteI was in mile12 today and I decided to not only shop pepper and co for clients but to start selling,I'll have a day of the week for tomatoes/rodo/tatashe/onion sharing,I won't be using my capital as payment validates order,it's not easy being in that market for even 5mins but I'm willing to expand!!
ReplyDeleteLagos shopper will you pls hook me up with people that sell wholesale flat slippers in balogin? Beautiful and affordable not just the Chinese ones o! I have seen some forever21, Simmi slippers, slides that are from 4K . Please help me
DeleteI really like the jewelry business, but have no one to connect me to affordable, good and durable jewelry sellers. Anyone who can assist me please???????
ReplyDeleteAnon16:37 know someone in d UK that can help u, u just let me know how to contact u
ReplyDeleteThanks. I replied you with my email but it wasn’t enabled, I will send my number to blog PA, I will appreciate if you can get it from her and contact me or you can send yours to her so I can contact you.
DeleteStarted bedsheets business and shoes with #20000
ReplyDeleteI was bored being a house wife and eating ad sleeping. Hubby won't permit me to work. One day I came across this English plain and pattern fabric business on SM. I saved money and started with 150k. I was surprised I made almost 100k profit with no stress ( just calling people on phone and marketing it on SM). After weeks of continueous sales, I made enough money to start buying the raw materials myself and paying people to cut it and I wouldn't even lie, am cashing out everyday. Las las nothing sweet pass business especially this my own that gives me time to go for my driving school.
ReplyDeleteYou can start shopping foodstuffs and groceries for busy and aged people,maybe on weekends or taking it as a full time job.Add your charges to it,logistics and you realise profits from the cost of the items as well.Everyone eats and most busy people do not have time to shop for things.You collect money for services and your time.A big example is jumia food.
ReplyDelete