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Nairaland Forum / Nairaland / General / Business / What Business Can I Start With 1 Million To Make 5k Daily? (136043 Views)
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What Business Can I Start With 1 Million To Make 5k Daily? by STDisReal: 8:36am On Feb 19, 2020 |
Hello guys, Please i need a business that I can start with 1 million naira and it will be fetching me between 5 - 10k daily. I will like if it meets the following specifications Type of business: Offline Less supervision: I have a stressful 9 - 5 work Easy accountability Location - Abuja 51 Likes 13 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Omihanifa: 8:42am On Feb 19, 2020 |
STDisReal: Open a BET9JA SHOP you will even be making more than 5-10k every day If the location is favourable you can be making sales of 50k everyday and at the end of the week you commission fit be like 50k 228 Likes 20 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 8:46am On Feb 19, 2020 |
Then let me offer my 2cents. Start a poultry business. (LAYERS). At first you will need assistance from a faithfful and trust worthy manager. With time, when the business picks, you can expand and even resign your day job. It will take about 5-7 months before you start getting your return though. Let me add this, as with any business, its not a bed of roses, but it is a very good business. Start small, if you are interested, i could offer you help with cost and start up analysis, with my little 5 years experience. Cheers!!! 375 Likes 29 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 8:54am On Feb 19, 2020 |
Omihanifa: Nice one!!! Is gaming shop reaaly a long term investment? Personnally i feel we'd get to the time when people wont Need to go to a bet shop to bet, technology would change alot of things bro, i feel in about 5 years time from now, bet shops would phase out. Remember back then when we'd to those shops that rent out Video CDs and Cassettes of Foreign and Nigerian movies. Then everyone started BUYING THEIR OWN CDS AND CASSETES. Please dont mis-understand me, just thinking long term and would love to know your tnoughts sir. 460 Likes 19 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by bigiyaro(m): 9:21am On Feb 19, 2020 |
I think only buildings that can bring in money as rentals can be a long term investment. 31 Likes 7 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by sweetnonsense(m): 9:53am On Feb 19, 2020 |
Hello guys... With just #2000, I would create a wonderful logo for your business... Both the 2D version and the 3D version.... I collect money after delivering your job to your satisfaction, so you don't have to be scared of getting scammed. I would have posted samples of my previous jobs here, but I would be banned if I do so... Just message me on whatsapp, my number is in my signature and let's talk business... Remember, no one would take your business seriously if you do not package it the right way... Make an eye catching logo today, and see your business flourish 3 Likes 6 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Omihanifa: 9:59am On Feb 19, 2020 |
EliteDude: As long as there are plenty of jobless people coupled with Nigeria's harsh economy gaming houses will still be relevant in years to come Cause an average gambler prefers to have that paper betslip in his hands than having it on phone because he/she sees it as a cheque waiting to be Cashed 517 Likes 43 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Dera25(m): 10:41am On Feb 19, 2020 |
EliteDude:Please am interested in the poultry business can we talk on whatsapp 08035546863 18 Likes 7 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Nobody: 12:07pm On Feb 19, 2020 |
something that is simple , start a mobile banking shop using Opay POS. Highly profitable 52 Likes |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Goodgod213: 12:08pm On Feb 19, 2020 |
I have two people that are into car wash business and they are raking 5k -10k, my guy got 17k on a Saturday and 12k on the Friday before. Business plenty just look for one that is not saturated 175 Likes 11 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 1:07pm On Feb 19, 2020 |
Dera25: Ok then, ... 6 Likes 2 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by dsurest(m): 1:36pm On Feb 19, 2020 |
I'm in Abuja too and planning to start a car wash business but my problem is capital, I already bought a pressure wash With 1m you can open two cash washes in two busy locations. Each will give you nothing less than 10k daily 93 Likes 6 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by dsurest(m): 1:38pm On Feb 19, 2020 |
Goodgod213: Very true but which town is the car wash located 4 Likes 1 Share |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Goodgod213: 2:20pm On Feb 19, 2020 |
dsurest: Festac and ijegun 5 Likes |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by dsurest(m): 7:18am On Feb 22, 2020 |
Goodgod213: I will like to start one in Abuja but capital is a limiting factor |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Manicle: 7:56am On Feb 22, 2020 |
Personally, I believe if you want to thrive in business in Nigeria with such an amount of money, your concern should be more of the understanding of the market first. This will give you a hint to making the right decision. I say this because there are several businesses you can invest in with one million naira. You'll find a lot of them on the internet. If you ask me, I'd say Real Estate, Fabrics, and Agriculture stand out among them. You can have a breakdown on how to go about it as I provide tips and a business plan for all of them. But I insist you read on 17 Things to consider before starting a business in Nigeria (http://manicle..com/2020/02/17-things-to-consider-before-starting.html?m=1) It will be of great help and will give you the wisdom to decide among several options, the business to venture into. Because, frankly speaking, it's easier to start a business than to maintain a business for more than 5years. Statistics have shown that 90% of businesses close down in the first 5years and only 1% of the remaining 10% survive the first 10years. So, choosing wisely will go a long way to save you from losing a lot of money to the wrong business. 59 Likes 9 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by franchasng: 7:57am On Feb 22, 2020 |
dsurest:you don minit ![]() ![]() ![]() 4 Likes |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by STDisReal: 9:00am On Feb 22, 2020 |
Lalasticlala, Mynd44, Dominique, please help my decision this Saturday morning 1 Like |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by emmaodet: 9:22am On Feb 22, 2020 |
Because of your time limit and stress free business idea, i will share mine with you. Look for fulanis rearing cows in abuja, meet their leader to recommend a good herdsman to you and then invest in the cow business. Very quiet, highly profitable and No stress Passive Income. Break down - I bought 1 cow for 50k as seen in the picture. Grazing for a year and you sell for 150k minimum. That is 200% ROI in a year. Cool cash and you can keep your job. If you want to invest in the males alone, then you will need to pay them #500 per week for each cow for grazing them. If with females, you can make a deal not to pay them but you get the first baby the first year while they take the second baby the following year. Advantages - highly profitable, no stress Disadvantage - mortality or death of cow can cause loss but not common. Theft. Human factor like disappearing with your cows. If cows too many in one person's hand, like most humans may plan to kill you and take over. That is why you need to meet their seriki to recommend good guys to you and also be their shorty. Shalom 196 Likes 19 Shares
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Re: What Business Can I Start With 1 Million To Make 5k Daily? by emmaodet: 9:25am On Feb 22, 2020 |
Picture of my cow with my surname short form on it. Also join business associations like nassi, nasme, nacima, afan, obson etc to meet practical businessmen to tap from their ideas and experiences, not all these audio entrepreneurs or E-enterpreneurs online 145 Likes 7 Shares
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Re: What Business Can I Start With 1 Million To Make 5k Daily? by northbird: 9:26am On Feb 22, 2020 |
EliteDude: Capital NO. Do you know wat it takes to farm? Livestock? What op needs is a distributive kind of biz. Where he/she get a % return on volume of goods bought. Together with d seed capital. 15 Likes 2 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Omar09(m): 10:01am On Feb 22, 2020 |
emmaodet: Bro I I will like to send you a pm via this business. Your email? 7 Likes 2 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Blackmiserable(m): 10:20am On Feb 22, 2020 |
Goodgod213: Hmm. So washing cars is this lucrative? 3 Likes |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by emmaodet: 10:40am On Feb 22, 2020 |
Omar09: Tripplehuntar@yahoo.com |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Blackmiserable(m): 10:54am On Feb 22, 2020 |
dsurest: I'm sorry, is it that lucrative? |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Blackmiserable(m): 11:13am On Feb 22, 2020 |
emmaodet: That cow with ODE written cost 50k? 16 Likes 1 Share |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by emmaodet: 11:34am On Feb 22, 2020 |
Blackmiserable: Yes sir, bought it at ilesa this January. I bought 5 I bought Gazey - the local cows with hirn. Agric specie is Bokolo without horn but always fatter, more rapid growth but less roughed like the native local gazey 57 Likes 3 Shares |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Blackmiserable(m): 11:52am On Feb 22, 2020 |
emmaodet: You bought the cows and rear them yourself? Do you pay people to pasture the cows for you? 4 Likes 1 Share |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Omar09(m): 11:54am On Feb 22, 2020 |
emmaodet: I sent you a pm. 1 Like |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Omar09(m): 11:54am On Feb 22, 2020 |
emmaodet:I sent you a pm. |
Re: What Business Can I Start With 1 Million To Make 5k Daily? by emmaodet: 12:12pm On Feb 22, 2020 |
Blackmiserable: Normally you have to pay people to pasture for you, #500 per week per cow. 14 Likes 2 Shares |
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