Good evening all,

I have been nursing the idea of setting up a business venture for months now, but I haven't really put effort in making it materialise.

I will like to seek your opinions and views about business ideas one can kick-start with N500k or thereabouts.

Thank you!

ThiagoKid:
Good evening all,

I have been nursing the idea of setting up a business venture for months now, but I haven't really put effort in making it materialise.

I will like to seek your opinions and views about business ideas one can kick-start with N500k or thereabouts.

Thank you!

Forget about the ideas first, take like 40 to 50k first and register a company first, open a bank account for the company. Then start thinking of ideas you can work with that can generate cash flow even if you don't have any money. I can help you with a few depending on your skill capacity, steps you should take before burning the remaining of 500k.

Take note I won't be putting that here. If you feel it's worth it send me a mail at ajideayodeji@gmail.com or chat me via 08089456258.

And anyone who is shallow to think everyone online trying to help others is fraud I will just say what Jesus said you don't put your priceless pearls on pigs and don't expect them to be deformed

So he should open an account first before the idea?...... Weldone business analyst

Buying and selling of essential goods never goes wrong. What are the primary hierarchy of needs of man according to Abraham Maslow?

Food, clothing, shelter.

Investing on any of the above is a cash cow and cannot go wrong with proper planning and foresight. Now that there is threats of food security presently in the country, you could take advantage of the forex and bulk buy foodstuffs from the north and re sell in the south south and south east. I am Presently in Ebonyi state and rice is the cheapest here compared to other states as we are the number one mass producers of the grain nation wide. You could take advantage of that too. I also have a farm and we are aiming to be the mass producers of strictly organic crops as there is a GMO scare presently. Don't just take my words for it, make your research too 😉

You can also follow my farming journey here 👇

https://www.nairaland.com/8087087/farming-journey

And my call for investors here 👇

https://www.nairaland.com/8087908/please-how-access-loans-proposed

God's blessings always 🙏

Start a business around something you know very well or have learnt. Also ask God for guidance.

Ynix:


Forget about the ideas first, take like 40 to 50k first and register a company first, open a bank account for the company. Then start thinking of ideas you can work with that can generate cash flow even if you don't have any money. I can help you with a few depending on your skill capacity, steps you should take before burning the remaining of 500k.

Take note I won't be putting that here. If you feel it's worth it send me a mail at ajideayodeji@gmail.com or chat me via 08089456258.

And anyone who is shallow to think everyone online trying to help others is fraud I will just say what Jesus said you don't put your priceless pearls on pigs and don't expect them to be deformed

Hmm.

Okay. No harm in trying.

damosade:
So he should open an account first before the idea?...... Weldone business analyst

missidy:
Start a business around something you know very well or have learnt. Also ask God for guidance.

Thank you!