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Nairaland Forum / Nairaland / General / Business / What Business Can One Start With #10m? (40341 Views)
10m? What Business Can i Do With 10m? / What Lucrative Business Can I Start With #10m In Port Harcourt / What Kind Of Business Can One Start With A Capital Of 300k (2) (3) (4)
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Re: What Business Can One Start With #10m? by Nobody: 2:59pm On Jul 12, 2022 |
Kewellbanks:90% of the imported phones from UK are stolen.The few that are not stolen are unrepairable.Anyone who buys it will just be visiting every mobile phone repair shops to fix the same fault. 1 Like |
Re: What Business Can One Start With #10m? by bolademi(m): 2:59pm On Jul 12, 2022 |
Deprofessional: Do ur finding on bakery at ajah or cold room business |
Re: What Business Can One Start With #10m? by Voiceofthestree: 2:59pm On Jul 12, 2022 |
Peterlawyer: Photo lab You will be able to do photo printing frames plastic ID card invitation card for marriages banners flex sav phone poutch throw pillow 3 D shirt hand band keyholder the list is much anything they do share at event like birthday married or any event all those gifts they share you will be able to sow sovereign bags and many more... where is your location Rn this business is hot cake in Edo state PH Warri or delta state because then eye never open well to that king woke of you have whatapp leave it I will send you more details about it is never something you can regret nah machine you go buy and those machines can use up to 4years without given any fault you will be cashing out daily I swear nah like ritual if you can set it up in Benin haaaa within 7montj you go give me prayer or curse I swear |
Re: What Business Can One Start With #10m? by Caleycashh: 3:00pm On Jul 12, 2022 |
saintruky:UK too make sense, why Canada!?... which country gives PR after 6 months and citizenship within 3 years!?, plus other advantages like availability of jobs and serene environment with every sector functioning well. 2 Likes 1 Share |
Re: What Business Can One Start With #10m? by joyd200: 3:00pm On Jul 12, 2022 |
The following economic principles are guides: 1. Never put all your savings in one investment. Business environments are certainly precarious. A little policy wave may threaten your profit maximisation motives. Optimally, you may invest only 20% of the total savings in a single investment source. 2. Never invest in your money in sources under same or similar wave of controlling factors or policy. For instance, if you invest in forex, don't invest in crypto. 3. Never invest in your current sources of income. Optimal investment are portfolio diversified. 4. Real estates investment are only shock absorbers to curb opportunistic risk of securities and financial volatilities. Don't expect too much from them, they do depreciate in time. For a #10m, you certainly would not want to tie much of that money on "only" real estates. You may as well consider only 20%. Suggestions: - Buy one Nigerian use car (#1.3-#1.4m), place it on hire purchase-uber arrangements (@ #2.5m) for the person to deliver #25k weekly. - Use #1m to buy land in a very cheap area with hope of appreciation future. Don't buy land that is already too overvalued, you won't see your gain in future. - Look for a local stores/shops/business persons with physical business (better if into essential items like provisions, foods, drinks, drugs, etc). Discuss real business with the persons to support with cash for expansion Take precautions, don't invest more than 10% of the net worth of the person's business. And certainty, maximum of 2% of your savings. You can involve in up to 5-7 independent business of such, which in total should not be more than 10% (#1m) of your savings. Independent means never allow the persons to know each others. And find commitment around them involving family, religion etc. But please only %10 of you income and at best between 5-7 of such businesses, investing between #100k-300k. They can deliver you 5-10% of your investment monthly. Try be merciful, leave the capital for them after you've cash out up to 200% of your investment. Provide business advices to them but don't force or get too involve in their business operations, let them be Independent. - Buy dollars and keep as cash or in domiciliary account. it'll always appreciate. Only 10-20% of your savings is enough. - Keep 20% (#2m) as risk free security (bonds, treasury bills. They are also shock absorbers. And put you mind to rest all time. I hope my suggestions are helpful. 20 Likes 1 Share |
Re: What Business Can One Start With #10m? by Goldbw122(m): 3:02pm On Jul 12, 2022 |
Adewoyin1:You indeed a false prophet.. ![]() ![]() |
Re: What Business Can One Start With #10m? by Stylecool1(m): 3:05pm On Jul 12, 2022 |
How did you make 10m in first place? And not knowing what to do with it |
Re: What Business Can One Start With #10m? by succri(m): 3:06pm On Jul 12, 2022 |
exact amount i need to start up my egg production farm |
Re: What Business Can One Start With #10m? by Pk01(m): 3:06pm On Jul 12, 2022 |
Tboymessiah: .logistics.. for the blue print of it ,not free. 2. Use 1.5 mil to set up a car wash on a busy area 10k/day is sure. 3. Ice block production.. I have places here in Abuja..you can come for supervision.. 2 Likes |
Re: What Business Can One Start With #10m? by DaddyGngeess(m): 3:09pm On Jul 12, 2022 |
FalseProphet1: Smile, but your name here said you are a fake prophet now |
Re: What Business Can One Start With #10m? by Pk01(m): 3:09pm On Jul 12, 2022 |
Juanmike:.logistics.. for the blue print of it ,not free. 2. Use 1.5 mil to set up a car wash on a busy area 10k/day is sure. 3. Ice block production.. I have places here in Abuja..you can come for supervision.. |
Re: What Business Can One Start With #10m? by darkstar6971(m): 3:11pm On Jul 12, 2022 |
Bring make we knack for 10 odd |
Re: What Business Can One Start With #10m? by DaddyGngeess(m): 3:11pm On Jul 12, 2022 |
Suspect33: Story, with proper package 2 to 4m will take him to to Canada |
Re: What Business Can One Start With #10m? by Roniyke1234: 3:12pm On Jul 12, 2022 |
Recycling |
Re: What Business Can One Start With #10m? by Trustedpronet: 3:13pm On Jul 12, 2022 |
willian10:Very simple to operate. Even unlettered man can operate it. Painters will naturally surround you when they see a functional oven. Some oven collect 10-15k to paint a car and it's possibly you paint 5-10 cars daily. You can also earn money directly from customers who have link with you. 1 Like |
Re: What Business Can One Start With #10m? by Landowner101(m): 3:14pm On Jul 12, 2022 |
Just buy land in a developing area, and start building a house, with the little you have. This is a close to risk free advice. |
Re: What Business Can One Start With #10m? by slimanyd: 3:15pm On Jul 12, 2022 |
MichaelSokoto: If branch app come run away nko. Who you go hold? 6 Likes |
Re: What Business Can One Start With #10m? by incogni2o: 3:15pm On Jul 12, 2022 |
Billyddude: Are you knowledgeable of bakery Business? I have a Bakery which the owner wants to outsource in Ilupeju |
Re: What Business Can One Start With #10m? by Kewellbanks: 3:15pm On Jul 12, 2022 |
Revolution2022:UK phones? Lol. Its very obvious you know nothing about this business? Uk phones that are more like a brand new phone. Them don sell stolen nigeria used phone as UK for you bah? I hope this piece will make you understand not all phones tagged as UK used are actually from the UK. 2 Likes |
Re: What Business Can One Start With #10m? by Basiljoe: 3:15pm On Jul 12, 2022 |
drake2:10 million naira? What's your number, can I get pictures before I fly in. |
Re: What Business Can One Start With #10m? by Okobola146: 3:16pm On Jul 12, 2022 |
Open palm wine and bushmeat bar, within one year, your ten million would turn up to nothing less than 60 million naira |
Re: What Business Can One Start With #10m? by Deprofessional(m): 3:17pm On Jul 12, 2022 |
Viking07: How old is your COO at the time he jappaed? |
Re: What Business Can One Start With #10m? by Snakedoctor1: 3:17pm On Jul 12, 2022 |
joyd200: Wow |
Re: What Business Can One Start With #10m? by Sukkyy2010: 3:19pm On Jul 12, 2022 |
Great0ne1:With your mentality it shows you never wish well for Nigeria for you to hope dollar to outweigh naira beyond this present time in nearest time to come. |
Re: What Business Can One Start With #10m? by CEOwatazs: 3:20pm On Jul 12, 2022 |
Deprofessional:before you finally decide on that. I can tell you how to get use your 10m to make 400k monthly. WhatsApp or call 08103321990 if you're interested. |
Re: What Business Can One Start With #10m? by DaddyGngeess(m): 3:22pm On Jul 12, 2022 |
You don't just jump into business like that, what are you really good at, think very very deep within you and know what you can do, there must be something in your mind that you eying now, I waited for many years also b4 I venture into business because the kind of business I wanted is alot of money which is hotel, it has always been my dream so it took me more than 30 years to save for it, but do you believe after three years that i opened my first hotel I bought another one, pls follow your heart on this 5 Likes |
Re: What Business Can One Start With #10m? by splmosixx(m): 3:24pm On Jul 12, 2022 |
Which standard soft drink shop you wan setup with 1m? 10m is not even enough to setup standard cement Depot... You no Sabi the price of a bag of cement? seanwilliam: |
Re: What Business Can One Start With #10m? by Adebaba1(m): 3:26pm On Jul 12, 2022 |
start event center at all these new remote locations like atan ota, epe and ibadan(the railway station side), it might not be event center, just buy land around this areas and chill the event center that will just have only tent so in case you want to sell it in future |
Re: What Business Can One Start With #10m? by bnbash(m): 3:29pm On Jul 12, 2022 |
Wonders shall never end! So Church now becomes business venture? Wow FalseProphet1: |
Re: What Business Can One Start With #10m? by benitwater(m): 3:30pm On Jul 12, 2022 |
You can open a groceries store. |
Re: What Business Can One Start With #10m? by Freerhyme1(m): 3:31pm On Jul 12, 2022 |
Venture into transportation business, you can get a good Mark tractor truck for as low as N6m fairly used, then go-to shagamu to get the container, look for a good driver that knows inter-state routes. You'll be amazed when the money starts coming 1 Like |
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