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Advice Me: My Family Sold Land And Gave Me The Proceeds For Business - Romance - Nairaland

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Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Goodlyhrt(m): 5:01pm On Sep 05
The total money is N1m

I am 29 and a highschool certificate holder, in the Eastern part of Nigeria.

How do I make judicious use of the amount. I think investing in agriculture but I don't know how to go about it.

Also buying and selling..

Please house I need your inputs
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by ActiveFarms: 5:03pm On Sep 05
You are no more broke. Start with POS business and see how life takes you from there

4 Likes

Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Natbrowny: 5:24pm On Sep 05
Let's discuss

If u want agriculture. Which area of agriculture do u wanna specialise in. Na from there advice go come from.

Buying and selling aint bad.
πŸ‘‰ Whats the product
πŸ‘‰ Who's the target market
πŸ‘‰ Where can u get space (location) and how wil location affect you in terms of sales and purchase
πŸ‘‰ Profit margin on the products
πŸ‘‰ With the current trend of madness affecting everyone in the country, will be fuel issue n policies of dis govt affect you, it will obviously, but how hard wil it hit you, can u manage any hits when and if it strikes


I am into agriculture too. 1m is a whole lot for me to really really guide despite the policies. I am a retailer

Good luck homie. Make use of ur 1m nicely. Target the use of 800k. Keep 50 for guiding, keep the remaining as emergency fund.

Good luck 🀞

1 Like

Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by uchman(m): 5:50pm On Sep 05
I feel for you because I know that 1M is not that big money in this economy and I can sense that your family has really tried and a lot is expected from you now.
You have to be really really meticulous and wise.
Ensure you learn anything you want to put the money into and God will be with you bro.

I live in China incase you need any information from here.

2 Likes

Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Goodlyhrt(m): 5:53pm On Sep 05
Natbrowny:
Let's discuss

If u want agriculture. Which area of agriculture do u wanna specialise in. Na from there advice go come from.

Buying and selling aint bad.
πŸ‘‰ Whats the product
πŸ‘‰ Who's the target market
πŸ‘‰ Where can u get space (location) and how wil location affect you in terms of sales and purchase
πŸ‘‰ Profit margin on the products
πŸ‘‰ With the current trend of madness affecting everyone in the country, will be fuel issue n policies of dis govt affect you, it will obviously, but how hard wil it hit you, can u manage any hits when and if it strikes


I am into agriculture too. 1m is a whole lot for me to really really guide despite the policies. I am a retailer

Good luck homie. Make use of ur 1m nicely. Target the use of 800k. Keep 50 for guiding, keep the remaining as emergency fund.

Good luck 🀞
Thank you for this salient points.. I appreciate!

I work on these for now but the product I think of is Cocoa, palm oil, as a retailer.

Go to the north to sell then buy pepper, onions and tomatoes.

How do you see it?
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by PerfectStranger(m): 5:53pm On Sep 05
No matter what please don't risk is for 2 sure odds

2 Likes

Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Natbrowny: 6:39pm On Sep 05
Goodlyhrt:
Thank you for this salient points.. I appreciate!

I work on these for now but the product I think of is Cocoa, palm oil, as a retailer.

Go to the north to sell then buy pepper, onions and tomatoes.

How do you see it?

Cocoa?
Going to the north.?

Have u established what it takes to travel to North, do u have links to make customers fast, how can u sugarcoat ur products for customers to buy urs instead of another clients products, transportation cost, insecurity of you and ur products

Ur selected products aint bad
Cocoa, palm oil, pepper, tomatoes, onions
Get someone around to give the practical ways, learn for a month or two if possible.
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Goodlyhrt(m): 7:06pm On Sep 05
Natbrowny:


Cocoa?
Going to the north.?

Have u established what it takes to travel to North, do u have links to make customers fast, how can u sugarcoat ur products for customers to buy urs instead of another clients products, transportation cost, insecurity of you and ur products

Ur selected products aint bad
Cocoa, palm oil, pepper, tomatoes, onions
Get someone around to give the practical ways, learn for a month or two if possible.

85% of the questions I don't have the answer.. but I believe that I am smart enough to figure it out.. just that.. my smartness and inshallah.

But who do I ask now? Maybe folks down here can fill me in about traveling to and fro Northern Nigeria..

I am open for suggestions guys
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Gggjhhj: 9:19pm On Sep 05
Baba u fit try 2 odd ds weekend, pick, ma city, Liverpool, barca
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Goodnewsforlife: 9:36pm On Sep 05
Goodlyhrt:
The total money is N1m

I am 29 and a highschool certificate holder, in the Eastern part of Nigeria.

How do I make judicious use of the amount. I think investing in agriculture but I don't know how to go about it.

Also buying and selling..

Please house I need your inputs
y not start with POS like d first guy advice u

Get container like 200k, buy terminal 20k

Start n with time u can add phone accessories, charging n co to it
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by LandMann: 10:49pm On Sep 05
Goodlyhrt:
85% of the questions I don't have the answer.. but I believe that I am smart enough to figure it out.. just that.. my smartness and inshallah.

But who do I ask now? Maybe folks down here can fill me in about traveling to and fro Northern Nigeria..

I am open for suggestions guys

I'll advice you, find 1 acre of fertile land, rent it, clear it and plant cassava of 8 months duration. Ensure you plant in a well defined layout for easy weeding.

Ensure you analyse the area to be sure of rainfall or access to water for irrigation, etc... Plan for pest and disease control in case.

If you have free food and accommodation, spend the time till harvest to start learning German or Portuguese for free... There are incredible resources that will teach you and all you need is your mobile phone, notebook, biro and data to download resources.

Within 3 months you should know the basics of any of language after which u can enroll in a language school if you like so you can write an official language test and get the certificate

4 months before harvest, apply for Nigerian passport of 10 years...

After harvest, you can decide if you want to continue farming based on your experience or if you want to leave Nigeria for Tinubu and his propaganda zombiΓ©s.

Nigeria is heading for serious food crisis and it may spiral into political crisis with the way the old senile wicked president is handling governance in Nigeria.

You don't want to be caught off guard.

4 Likes

Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by haybhi1(m): 3:13am On Sep 06
Buy usdt to secure your currency first, while you reason what you later do with it. One.

Two, go Lagos go meet those ogas for ladipo or Odunade orile iganmu, pay their learning fee and learn the ropes of the business for two years and know your life's complete changed for better for ever.

1 Like

Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by malcom1X: 10:07am On Sep 06
My advice is to learn a skill. Act like you have nothing for now.

Read the message of the person above me.

1 Like

Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Sonnobax15(m): 3:48pm On Sep 06
lipsrsealed
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by Alphamentips: 8:09am On Sep 07
Save your money. Till it reach 5million or 7. Use am japa. Go learn trade for Ladipo. I never see person wey serve for Lagos wey no dey see food chop sometimes pass people wey go school sef
Re: Advice Me: My Family Sold Land And Gave Me The Proceeds For Business by cybernaut(m): 8:38am On Sep 07
Learn valuable skills like art work and thank me later. Such as printing on fabric,nylon ,cap ,school vest and

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