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Nairaland Forum / Nairaland / General / Agriculture / A Call To Nigerians: Please Let's Start Up More Businesses In 2018 (1312 Views)
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A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 11:33am On Jan 01, 2018 |
Firstly Happy New Year to my Fellow Nairalanders, may our successes and accomplishments this year wipe away the struggles of our past years. This is a call to duty and a plea for every one of us to engage in one business enterprise or the other this year 2018. You would agree with me that jobs are failing in this country, Unemployment ravages our nation and our youth resort to all manner of societal ills just to survive. even those with jobs are not treated fairly by their employers, appointements get terminated for flimsy reasons and no benefits accrued. Truth is d economic climate of Nigeria is harsh and business owners are doing everything possible to stay afloat and make profit. The best way forward is to start a business, those who currently have jobs should start a business by the side and watch it grow till you can even resign and face your business squarely, believe you me there are businesses we can start with 50 -100,000 look around you gather the little you have and start something. If you have access to funds and have huge capital please go into production, produce consumables, if you don't have huge capital there are small business you can startup that will not require constant electricity and other huge capital costs. China, India and the likes run to Nigeria to establish because of our population, there is an abundant market here let's maximize it, if 100,000 people, can start up small businesses and employ 2 people each, we would have created jobs for at least 200,000 other people. it may look small but it's a step in the right direction. This is my pennies Worth for us all moving into 2018 I am not a jack of all trades, I don't know all business but I am a farmer and if you want to invest in Agriculture you can talk to me Again Happy New Year Nairalanders, From all of us at kingz Agroconsult, We say Welcome to 2018. 4 Likes |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Ignatism: 11:44am On Jan 01, 2018 |
I love this post.
I really need to start up a business but the issue remain lack of Capital.
For one that has N50,000 - N100,000,
what businesses can they start in Nigeria.
Thanks. |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Nobody: 12:32pm On Jan 01, 2018 |
Ignatism: Lol. Very interesting question. What is the true value of N100,000? What can it do? OP should answer the question. I am very curious what he will start mentioning, especially under agriculture. kingzfarms: 1. Please, could you state explicitly just 5 businesses you can start with N50K - N100K 2. 100,000 people to create 100,000 jobs? Hmmmm. My question is: how many Nigerians do you think can save just N15,000 monthly from their present pay? 3. What is poverty? Don't we know Nigeria is extremely poor? Not only poor in materials but also poor in using common sense. Poverty do not make its victims think at all. It is far better to think negatively, foolishly, or recklessly than not to think at all. Poverty turns its victims to "MuMu United". "Dummies" are "La Cram, La Pour". Don't we know? Anyway, I am so curious to read your proposal. My point is survival is the aim. Poverty switch the medulla oblongata to "let me just survive". Survival becomes involuntary reflex when Mr. Poverty is present. "Wetin guy wan use him brain think other than to just survive today"? A beg, tomorrow can handle itself. Lol. Ok. Since you have ideas, kindly share business ideas like you wrote above, and not "come invest N50k each in my farm business". ![]() |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 10:50pm On Jan 01, 2018 |
Ignatism: Thanks a lot for reaching out, There are two things I always tell people starting up small businesses; 1. consider your immediate environment 2. Consider your interest 1. because you have limited capital you should consider the needs of your immediate environment and your target market so you can start up a business that meets those needs and generate profit for you. 2. Whatever business you are starting up, limited capital will be frustrating but your interest will motivate you, so don't just choose a business but goose one that you have passion for and when things are tough it becomes easy to encourage yourself and pull through. That being said with 50 - 100, 000 1. Sales: Buying different products and commodities and selling in areas where they are not readily available 2. You can set up a laundry business 3. school runs, taking kids in your area to school and bringing them back home. some private schools don't have transport facilities, and some parents can afford to pay up to 5,000 monthly per child, but you have to be popular and trusted in your area 4. Producing local drinks like zobo and kunu, with good packaging and selling in social gatherings around you 5. setup a mini restaurant/eatery- Grills etc. 6. if you have interest in Agriculture -Vegetable farming, (any type of vegetable sells in the city) you can lease land for vegetable farming at 10, 000 for one year. really some of us looking for jobs in lagos even have plots of land in our hometown, some in ogun and other neighboring states, let's go back invest in this land and make money, -Snail Farming, very easy to start up, and is less time demanding -Smoked fish production, all you need is a local smoking kiln medium size, fish, spices, and packaging materials -Buying Agric products like yam, plantain, palm oil etc from the villages that produce them and selling in the city i know it sounds too easy or its easier said than done but in truth the opportunities are inexhaustible, just look at your environment, there Is something you can start up, Nigeria is a market, our population is an Avenue to make money. As a youth corper about 6 years ago, the village where I served produce very big plantains, all through my nysc I was buying plantain at ridiculously low prices directly from this farmers, transporting in pick up trucks and selling in lagos, after service I was able to start my plantain farm in that village on 10 plots paying in installment, but today the plantain farm is over 30 acres fully paid for. I have been able to properly setup my business and have expanded my farm network to ibadan also, I started transporting plantain with less than 70,000 now I have 18 full time staff and over 50 casual contract workers on my payroll. Because I am interested in farming I was determined to make it and i have only just started. 5 Likes |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Goshiii: 11:47pm On Jan 01, 2018 |
kingzfarms:I am in need of assistance . Please which state is your farm located? |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 11:51pm On Jan 01, 2018 |
fluentinfor: Good day sir and thanks for reaching out, I don't think it is unrealistic for Nigeria to have 100,000 business start ups this year, in fact it is very possible considering our population of about 170 million. again things are hard but if you dont choose to come out you will stay where you are for ever, The examples I gave are not theoritical, they are practical, I gave examples because I have met and i know the people doing this business and they started up with less than 100,000. the lady I met doing the school runs started it last year, she has a bus driver who she engages (hires)for few hours in the morning to take kids to school and in in d afternoon to take them back home, she uses an 18 seater bus but has over 20 kids daily and other examples too. The bottom line is there are opportunities, the examples I gave may not satisfy you but there are people doing this and if you look inwards and around you, you will see good businesses you can start up. And no I am not asking you to invest in my farm business. we are in a very good place now and business is good. Thanks |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Nobody: 5:21am On Jan 02, 2018 |
Ok |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Nobody: 5:52am On Jan 02, 2018 |
Your story sounds good but if I sit down with you and pencil down what is needed to get all the businesses you have mentioned down, even N500,000 might struggle to start any of them. This is the reality. But not saying you are not making sense. I think you have spotted what many have not. And this is how to make money. Concerning your plantain business, you were just lucky to be sent to the area. But the point is how many people have been sent to places like that and could still not spot what you spotted? Hmmm. It means, what you did is rare. And saying 100,000 people can easily spot rare opportunity like yours might be unrealistic. Sir/Madam, do not confuse divine opportunity with "we can do it very well" businesses. When luck comes ones way, it is unbelievable. Divine favor makes it look very easy. I am talking from experience. Gifts and talents are taking for granted many times. When a talented pupil solves mathematical problems, it looks so easy but the reality is that normal/above average pupils struggle with same tasks. And it does not mean the talented pupil will be more successful. Sometimes, I wonder who put combination and permutation into mathematical expression. Expressing different possible choices into mathematical expression is amazing. Well, in a well estalished country , people pray for luck and divine oppornity to earn or make large profit. I do not think they search hard to save $200 to start a business because it is practically impossible. $200 is just too small for normal operations but maybe a unique system can get the job done. Not saying divine opportunity cannot do it. But must we wait for divine opportunity? Telling people to start a small scale farm with N50,000 might be wrong. Please, just try to be careful as you mentor anyone who decides to establish a business which employs 2 people with N50,000. I agree you may contract out some jobs as paying salary out of the little start up cash might be impossible. And many farm businesses need at least a full time worker or a regular part time one. I am not saying you are a fraud but scammers present what is unbelievable to desperate people. My advice is that if you decide to mentor your readers, do it with a clean heart. After all, the grace you carry to make something out of nothing can be passed to people around. Well, the truth is that it is only in a poor country people find extreme cheap ways and many still get their fingers burnt. Better to go with what is realistic but who am I to say it is not possible. May God reward you according to your intention. If your style is genuine and you decide to assist many, may God reward you according to your deeds in multiple folds. But if it is in the other way around, you will lose multiple folds. It is not a curse. In anyway, more blessings. See you at the top. 1 Like |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 7:09am On Jan 02, 2018 |
Goshiii:Oyo and ogun states |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 8:27am On Jan 02, 2018 |
fluentinfor: I was not Lucky to start up because I was sent to that area, I don't believe in luck, I believe in cause and effect and the blessings of God. I was not the only one posted to that area, and i would have still looked for opportunities if I was posted to any other area. you waited for divine opportunity all through last year but it did not come, you have decided to wait for it again this year, Good luck sir, and happy waiting but bear in mind that starting a small business will not stop the divine opportunity from coming. what I have suggested are not unrealistic, I don't know why you are painting it such, I didn't hear stories I met with the people doing the businesses listed above and yes they started with less than 100,000 Yes there are Nigerians who cannot save up to 15,000, infact many can't save anything but we still have those who already have over 100,000 or who can raise it over a short time. I have not in any way asked for financial support or investment in my business, you brought that up here, i am not a fraud i am not a scammer, dont portray me as such. I don't need your money, it is just my heart desire to see many small scale businesses spring up this year. It is possible it is practical, it would be tough and rough but with the the right mentality and positive attitude you will scale through. 4 Likes |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 12:44pm On Jan 02, 2018 |
www.nairaland.com/2898544/successful-cucumber-sack-farm-kaduna Follow this link to read a well detailed and explained farm business someone started with less than 10,000 naira and is doing well now. let's stop thinking it is too small to start up a business, look around you get ideas trade with them. Stop being comfortable with where you are now, invest today and grow tomorrow. you must break out to break through. |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Nobody: 3:56pm On Jan 02, 2018 |
That is nice. The thread is cool. And the OP is just like you who detected a rare opportunity. Just reading the cucumber thread, one can easily notice the OP of the thread is smart. Like I told you earlier, if we sit down and do a well cost analysis of the cucumber farm, N10,000 cannot open it. I am not saying the OP did not use N10,000. My point is that the cost of setting the backyard cucumber farm is far more than N10,000 if you put the right cost to every activity on the farm. There are many things the owner got free of charge. Can every other person get done many activities like him free of charge? And like you have been saying, he looked around and used the situation to his advantage. If you ask him to tell you how to set such farm up again, he will tell you it is possible provided some factors are met. Lol. Those factors if you put money on them will definitely be more than N10,000. This is another case of divine provision. Purely luck. Just free goodies. Just put costs on the free stuff and tell me the final cost of production. So, it is stilll not easy to find 100,000 people who can think positively like the OP. I guess he is in your league level. LOL. Smart people. You know that inflation has set in again. Recession is around. Lol. I know the cost of cucumber seeds at the time he made that thread and I know the present cost. Ok, let me help you out. A tin of murano seed of 50 grams is with around 1,800 seeds. And with germination rate of 85%, you are left with 1,530 seeds. Sure, having 1,500 plants is a small scale garden. And the cost of 50 grams seed is around N8,000 to N12,000 as of today. Other costs: manure, fertilizer, pesticide, fungicides, etc. If he is strong, he can plough his land himself but can everyone so it? Maybe he needs to pay local boys to plough it himself. What about the cost of planting, prunning, etc. So, you do not expect ladies to be tough like men. Maybe, a hustler like you can cultivate 1/3 plot of land yourself, and you do not need to pay anyone. Do you expect your younger sister to have the strength to do it? And if she needs to outsource it, what will the cost be? My brother/sister, business is business. Making a business plans needs allocating a reasonable cost to all activities which include the ones you do yourself with zero naira. Then, you can know the true cost. I may be lucky to have access to manure and decide to go organic and make my organic fertilizers too. But it is for small scale. Can I easily implement same for a very big farm? So, you see that I can not easily expand the business like you claim that starting small can turn big easily. Not applicable to all cases. I am not saying you aren't making sense, but telling people to get out of their comfort zone might be too ambitious. What I expect from you is teaching people how to use their strengths to overcome or reduce their weaknesses. You do not apply the case of the cucumber man to others since there are many things he got free. But when you allocate reasonable costs to all activities, then, you can say this is applicable to majority. Hope you get me. All the same, you are making sense. Nice discussion. 2 Likes 1 Share |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 5:00pm On Jan 02, 2018 |
Are you sure you took time out to read and unserstand the post? the only thing he got free was cement bags, and local seeds, soil is free, he paid for every other thing and his start up then was about 7,000 naira, accounting for inflation and other permutations setting up same business at that scale today should not exceed 40,000. The thing is our youth are too comfortable, you work in lagos earn less than 50k monthly you should be worried, and it should get you thinking. don't tell me we can't get 100,000 small business start up, Nigeria is not Togo or any other small country. our population makes it feasible to get that number believe me I have met young people, young farmers even women doing business with very low capital, I Met a lady in Abeokuta who grows cassava she has hectares of cassava farm now, a graduate after over one year searching for job. started cultivating in her fathers land and is a full time farmer now. will it be a smooth ride no, but is it possible yes because there are several people doing it. with the mindset you have you may never start up even when you have 500,000 or 1 million naira, the money in your Hand will always be too small to start a business, it is easier to spend it and pray for miracle, Change your mindset, this are not theories or fairytale, it is happening real and practical no stories. you are a salary earner save up and look for something to invest in, create another stream of income for yourself. Again to buttress my point; there are businesses you can start up with less than 100,000 naira many people have done it and more are coming in already, take a walk around your area, interact with business people and you will see many people who start up with less. Stop being comfortable Be inspired, Get motivated, Plan to start a business in 2018 2 Likes |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Nobody: 7:53pm On Jan 02, 2018 |
kingzfarms: i laughed at your bolded statement. I was just trying to be friendly and I was very polite in making you see that such success might be rare, and such case may not be applicable to everyone. Using a slim budget to start a business may not be advisable. I think I need to stop here because it is obvious you do not get my point at all. Or maybe you just want to prove yourself right. Well, I agree with you that it is possible, but if you read my words deeply, I was not saying it is not posdible. Well, i think you may get your readers too ambitious. And it is very dangerous. Just trying to let you know that while encouraging them, you should still let them know the risks of using slim budgets. Let me post the cost OP of the thread you referred to listed as his cost of production here: vanpeele: So, you read the info above and you concluded the info is the real cost of production which is apllicable to cultivating cucumber. Seriously, you are mislead. Sure, he might be telling you what he spent and what he used, but is that the real procedure and the real cost of production of cucumber garden like his own in other places? Sir, you are not talking to a novice in this subject. If it is buying and selling of plantain you picked with me, I will be silent since I know little about it. But you talked of cucumber farming and you are saying N10,000 can set it up? I am just laughing so hard. So hard. Ok. I will just mention some expenses that OP did not touch. First, kaduna does not have serious downy and powdery mildew infection so, he was lucky not to have spent on fungicide. Do you know the cost of effective fungicides? You may want to check how much copper based fungicides cost. I assume he did not use his hands to spray chemical on the plants. Where is the cost of what he used to spray the chemical he used. Again, if you are good with cucumber, you will know you need to irrigate two times daily. So, what if there is no electricty to pump water? I am sure he did not use his teeth to irrigate. But did you see any cost on irrigation? Again, he must have used his head to carry manure to his farm and used his head to take his first cucumber bags harvest to market. And the sacks he used to pack his cucumber harvest to market must have been stolen from someone somewhere. Oh! What about the thread he used in staking. Perhaps, he destroyed some of his clothes and removed the thread to stake his cucumber. I read where he mentioned fertigation and bla bla bla. The cost of a small tank, cost of drip if he used it, or maybe he used hose.....and many more. Bros, I am not ready to argue with you. Taking my leave. Good luck to you and your campaign for starting a cucumber garden with N10,000, and getting audience to start thinking of employing 2 workers for every 100,000 jobs set up.....hahaha. It is possible. Very possible. The question is what is the probability? Just think deeply like a professional and not just try spiking what might be too hard. Like i said and I agree with you...it is possible. Maybe 1 out of every 30 million. Maybe. Happy New Year. 1 Like |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 8:24pm On Jan 02, 2018 |
I finished talking about this in my last post, some persons already sent me mails and feedbacks asking questions and I have tried my best to respond, over a hundred people have read this already and I'm sure some agree with me. There will always be a thousand reasons why you should not do something. Nigeria needs help, NBS stated 8 million jobs lost last year alone. Brother, If I sounded offensive or vulgar to you in anyway in my posts please forgive me, it was not my intention. Have a great 2018. 1 Like |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by greaterblessins: 12:37am On Jan 03, 2018 |
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Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by Kingsley10000: 2:01am On Jan 03, 2018 |
WHERE CAN I GET PLANTAIN AT CHEAPER RATE? |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by bigiyaro(m): 1:17pm On Jan 03, 2018 |
this being a business man tin is all in d mind, this was how i started my poultry biz. land lease:7k p/a. 10*12 zink house (used zink):35k. 60 DOCs zartech:9600. drugs n vitamins 3k. feed 9 bags @ 3600= 32400 heatin n tp 3k. hardware 6k. at 6wks i disposed each bird @ 1100 bt i had 4 mortality. at d nx batch i simply bought 60 DOCs @ 9k n feed @ 29k i sold at 6wks @ 1100. after abt 4 monts down d line, i net 40 to 45k monthly doin 60 birds per batch n 3 batch per month. now i do 400 birds monthly. like i said, if u want do sometin, u will find a way. nigerians r always shoutin 'der is no money' bt houses r being built n big cars r being bought daily. wit over 200 million people, i can sell just 500 chickens every 2 wks. |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by kingzfarms(m): 11:32pm On Jan 03, 2018 |
bigiyaro: Well said Sir, and thanks for sharing, Nigeria is a market, Our greatest natural resource is our population, God gave us this Population Chinese and Indian firms are attracted to us because of our ready market. you can make good money here in Nigeria. Be inspired, people are making things happen for themselves with limited resources you can too. |
Re: A Call To Nigerians: Please Let's Start Up More Businesses In 2018 by tck2000(m): 12:33pm On Jul 28, 2019 |
Nice post |
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